Saga Communications
43 hedge funds and large institutions have $135M invested in Saga Communications in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 6 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
2% more capital invested
Capital invested by funds: $132M → $135M (+$2.43M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.12% less ownership
Funds ownership: 88.58% → 88.46% (-0.12%)
9% less funds holding
Funds holding: 47 → 43 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.46M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$626K |
| 3 |
Renaissance Technologies
New York
|
+$419K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$220K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.2M |
| 2 |
RA
Royce & Associates
New York
|
-$708K |
| 3 |
Bank of New York Mellon
New York
|
-$337K |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$286K |
| 5 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$264K |
SGA Hedge Fund Activity: Q4 2019 in Review
43 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q4 2019, worth a combined $135M — up 1.8% from $132M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SGA and 2 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 19 added.
The largest buyer was Kennedy Capital Management, adding an estimated $1.46M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $2.2M sold.
- 43 institutional investors held Saga Communications (SGA) as of Q4 2019, down from 47 in Q3 2019.
- Funds reported $135M of Saga Communications stock for Q4 2019, up 1.8% quarter-over-quarter.
- 2 funds opened new Saga Communications positions in Q4 2019 and 6 closed out, a net change of -4 holders.
- The largest Saga Communications buyer in Q4 2019 was Kennedy Capital Management, an estimated $1.46M added.
- The largest Saga Communications seller in Q4 2019 was State of New Jersey Common Pension Fund D, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2019.