Saga Communications
SGA
52 hedge funds and large institutions have $239M invested in Saga Communications in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
4% more funds holding
Funds holding: 50 → 52 (+2)
1% more capital invested
Capital invested by funds: $235M → $239M (+$3.35M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.25% less ownership
Funds ownership: 93.59% → 93.34% (-0.25%)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.11M |
| 3 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$721K |
| 4 |
Millennium Management
New York
|
+$306K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.03M |
| 2 |
TL
TowerView LLC
New York
|
-$740K |
| 3 |
Morgan Stanley
New York
|
-$291K |
| 4 |
JP Morgan Chase
New York
|
-$172K |
| 5 |
Citigroup
New York
|
-$85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| $1K | +$852 | +17 | New |
|
|
BFEC
52
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$7K | -133 | Closed |
|
SGA Hedge Fund Activity: Q1 2017 in Review
52 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q1 2017, worth a combined $239M — up 1.4% from $235M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SGA positions and 1 closed out — a net gain of 6 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $13.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $2.03M.
- 52 institutional investors held Saga Communications (SGA) as of Q1 2017, up from 50 in Q4 2016.
- Funds reported $239M of Saga Communications stock for Q1 2017, up 1.4% quarter-over-quarter.
- 7 funds opened new Saga Communications positions in Q1 2017 and 1 closed out, a net change of +6 holders.
- The largest Saga Communications buyer in Q1 2017 was BlackRock, an estimated $13.7M added.
- The largest Saga Communications seller in Q1 2017 was T. Rowe Price Associates, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2017.