Saga Communications
44 hedge funds and large institutions have $140M invested in Saga Communications in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 5 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
5% more funds holding
Funds holding: 42 → 44 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.08% less ownership
Funds ownership: 90.46% → 89.39% (-1.1%)
27% less capital inflows, than outflows
Capital inflows: $4.38M | Capital outflows: $6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$1.25M |
| 2 |
Seizert Capital Partners
Birmingham,
Michigan
|
+$695K |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$518K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$284K |
| 5 |
Kennedy Capital Management
St Louis,
Missouri
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$2.3M |
| 2 |
Royce & Associates
New York
|
-$1.98M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.11M |
| 4 |
Goldman Sachs
New York
|
-$320K |
| 5 |
SG Americas Securities
New York
|
-$138K |
SGA Hedge Fund Activity: Q2 2019 in Review
44 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q2 2019, worth a combined $140M — down 7% from $151M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SGA positions and 5 closed out — a net gain of 3 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was Minerva Advisors, adding an estimated $1.25M. The largest seller was Uniplan Investment Counsel, exiting entirely with an estimated $2.3M sold.
- 44 institutional investors held Saga Communications (SGA) as of Q2 2019, up from 42 in Q1 2019.
- Funds reported $140M of Saga Communications stock for Q2 2019, down 7% quarter-over-quarter.
- 8 funds opened new Saga Communications positions in Q2 2019 and 5 closed out, a net change of +3 holders.
- The largest Saga Communications buyer in Q2 2019 was Minerva Advisors, an estimated $1.25M added.
- The largest Saga Communications seller in Q2 2019 was Uniplan Investment Counsel, an estimated $2.3M sold.
Based on aggregated 13F filings for Q2 2019.