Saga Communications
SGA
45 hedge funds and large institutions have $189M invested in Saga Communications in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 9 reducing their positions, and 4 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 9
0.17% more ownership
Funds ownership: 92.63% → 92.81% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 46 → 45 (-1)
11% less capital invested
Capital invested by funds: $212M → $189M (-$23.6M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.68M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$624K |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$244K |
| 4 |
Morgan Stanley
New York
|
+$117K |
| 5 |
Bank of New York Mellon
New York
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.11M |
| 2 |
RA
Royce & Associates
New York
|
-$804K |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$621K |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$212K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$153K |
SGA Hedge Fund Activity: Q4 2017 in Review
45 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q4 2017, worth a combined $189M — down 11% from $212M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SGA and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 21 added.
The largest buyer was Fidelity Investments, adding an estimated $1.68M. The largest seller was T. Rowe Price Associates, cutting an estimated $1.11M.
- 45 institutional investors held Saga Communications (SGA) as of Q4 2017, down from 46 in Q3 2017.
- Funds reported $189M of Saga Communications stock for Q4 2017, down 11% quarter-over-quarter.
- 3 funds opened new Saga Communications positions in Q4 2017 and 4 closed out, a net change of -1 holder.
- The largest Saga Communications buyer in Q4 2017 was Fidelity Investments, an estimated $1.68M added.
- The largest Saga Communications seller in Q4 2017 was T. Rowe Price Associates, an estimated $1.11M sold.
Based on aggregated 13F filings for Q4 2017.