Saga Communications
46 hedge funds and large institutions have $213M invested in Saga Communications in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 5 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
14% more capital invested
Capital invested by funds: $187M → $213M (+$26.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.12% less ownership
Funds ownership: 94.62% → 94.49% (-0.12%)
6% less funds holding
Funds holding: 49 → 46 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$576K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$355K |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$223K |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$201K |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$603K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$332K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$320K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$145K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$88.9K |
SGA Hedge Fund Activity: Q3 2016 in Review
46 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q3 2016, worth a combined $213M — up 14% from $187M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SGA and 3 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was Royce & Associates, adding an estimated $576K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $603K sold.
- 46 institutional investors held Saga Communications (SGA) as of Q3 2016, down from 49 in Q2 2016.
- Funds reported $213M of Saga Communications stock for Q3 2016, up 14% quarter-over-quarter.
- 3 funds opened new Saga Communications positions in Q3 2016 and 5 closed out, a net change of -2 holders.
- The largest Saga Communications buyer in Q3 2016 was Royce & Associates, an estimated $576K added.
- The largest Saga Communications seller in Q3 2016 was JP Morgan Chase, an estimated $603K sold.
Based on aggregated 13F filings for Q3 2016.