Saga Communications
SGA
47 hedge funds and large institutions have $132M invested in Saga Communications in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
7% more funds holding
Funds holding: 44 → 47 (+3)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.8% less ownership
Funds ownership: 89.39% → 88.58% (-0.8%)
6% less capital invested
Capital invested by funds: $140M → $132M (-$8.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.55M |
| 2 |
Renaissance Technologies
New York
|
+$536K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$420K |
| 4 |
BlackRock
New York
|
+$204K |
| 5 |
JP Morgan Chase
New York
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$5.59M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.48M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$347K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$114K |
| 5 |
Barclays
London,
United Kingdom
|
-$75.3K |
SGA Hedge Fund Activity: Q3 2019 in Review
47 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q3 2019, worth a combined $132M — down 5.8% from $140M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SGA positions and 1 closed out — a net gain of 3 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $4.55M. The largest seller was Royce & Associates, cutting an estimated $5.59M.
- 47 institutional investors held Saga Communications (SGA) as of Q3 2019, up from 44 in Q2 2019.
- Funds reported $132M of Saga Communications stock for Q3 2019, down 5.8% quarter-over-quarter.
- 4 funds opened new Saga Communications positions in Q3 2019 and 1 closed out, a net change of +3 holders.
- The largest Saga Communications buyer in Q3 2019 was Kennedy Capital Management, an estimated $4.55M added.
- The largest Saga Communications seller in Q3 2019 was Royce & Associates, an estimated $5.59M sold.
Based on aggregated 13F filings for Q3 2019.