Saga Communications
49 hedge funds and large institutions have $219M invested in Saga Communications in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 6 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
1.77% more ownership
Funds ownership: 93.34% → 95.11% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 52 → 49 (-3)
8% less capital invested
Capital invested by funds: $239M → $219M (-$19.9M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$4.45M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$880K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$647K |
| 4 |
Millennium Management
New York
|
+$307K |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TL
TowerView LLC
New York
|
-$1.73M |
| 2 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$734K |
| 3 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$436K |
| 4 |
JP Morgan Chase
New York
|
-$127K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
JP Morgan Chase
New York
| – | -$127K | -2,484 | Closed |
|
|
OSAM
52
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$101K | -1,984 | Closed |
|
53
UBS Group
Zurich,
Switzerland
| – | -$6K | -116 | Closed |
|
54
Barclays
London,
United Kingdom
| – | -$1K | -17 | Closed |
|
SGA Hedge Fund Activity: Q2 2017 in Review
49 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q2 2017, worth a combined $219M — down 8.3% from $239M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SGA and 3 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 25 added.
The largest buyer was Uniplan Investment Counsel, adding an estimated $4.45M. The largest seller was TowerView LLC, cutting an estimated $1.73M.
- 49 institutional investors held Saga Communications (SGA) as of Q2 2017, down from 52 in Q1 2017.
- Funds reported $219M of Saga Communications stock for Q2 2017, down 8.3% quarter-over-quarter.
- 3 funds opened new Saga Communications positions in Q2 2017 and 6 closed out, a net change of -3 holders.
- The largest Saga Communications buyer in Q2 2017 was Uniplan Investment Counsel, an estimated $4.45M added.
- The largest Saga Communications seller in Q2 2017 was TowerView LLC, an estimated $1.73M sold.
Based on aggregated 13F filings for Q2 2017.