Saga Communications
44 hedge funds and large institutions have $122M invested in Saga Communications in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
2% more funds holding
Funds holding: 43 → 44 (+1)
0.2% less ownership
Funds ownership: 88.46% → 88.26% (-0.2%)
9% less capital invested
Capital invested by funds: $135M → $122M (-$12.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$906K |
| 2 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$428K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$317K |
| 4 |
Bank of New York Mellon
New York
|
+$314K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$789K |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$482K |
| 3 |
Renaissance Technologies
New York
|
-$309K |
| 4 |
Morgan Stanley
New York
|
-$141K |
| 5 |
JP Morgan Chase
New York
|
-$118K |
SGA Hedge Fund Activity: Q1 2020 in Review
44 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q1 2020, worth a combined $122M — down 9.3% from $135M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SGA positions and 3 closed out — a net gain of 1 holder — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $906K. The largest seller was Royce & Associates, cutting an estimated $789K.
- 44 institutional investors held Saga Communications (SGA) as of Q1 2020, up from 43 in Q4 2019.
- Funds reported $122M of Saga Communications stock for Q1 2020, down 9.3% quarter-over-quarter.
- 4 funds opened new Saga Communications positions in Q1 2020 and 3 closed out, a net change of +1 holder.
- The largest Saga Communications buyer in Q1 2020 was Kennedy Capital Management, an estimated $906K added.
- The largest Saga Communications seller in Q1 2020 was Royce & Associates, an estimated $789K sold.
Based on aggregated 13F filings for Q1 2020.