Saga Communications
46 hedge funds and large institutions have $115M invested in Saga Communications in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
5% more funds holding
Funds holding: 44 → 46 (+2)
0.71% more ownership
Funds ownership: 88.25% → 88.96% (+0.71%)
6% less capital invested
Capital invested by funds: $122M → $115M (-$7.41M)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.06M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$398K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$349K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$169K |
| 5 |
BlackRock
New York
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$507K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$306K |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$225K |
| 4 |
Renaissance Technologies
New York
|
-$142K |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$86.2K |
SGA Hedge Fund Activity: Q2 2020 in Review
46 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q2 2020, worth a combined $115M — down 6.1% from $122M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SGA positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $1.06M. The largest seller was Royce & Associates, cutting an estimated $507K.
- 46 institutional investors held Saga Communications (SGA) as of Q2 2020, up from 44 in Q1 2020.
- Funds reported $115M of Saga Communications stock for Q2 2020, down 6.1% quarter-over-quarter.
- 5 funds opened new Saga Communications positions in Q2 2020 and 3 closed out, a net change of +2 holders.
- The largest Saga Communications buyer in Q2 2020 was Kennedy Capital Management, an estimated $1.06M added.
- The largest Saga Communications seller in Q2 2020 was Royce & Associates, an estimated $507K sold.
Based on aggregated 13F filings for Q2 2020.