Saga Communications
39 hedge funds and large institutions have $88.2M invested in Saga Communications in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 21 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.86% less ownership
Funds ownership: 88.96% → 88.09% (-0.86%)
15% less funds holding
Funds holding: 46 → 39 (-7)
23% less capital invested
Capital invested by funds: $115M → $88.2M (-$26.5M)
62% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 21
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$564K |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$410K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$82.2K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$17.2K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$11.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$563K |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$263K |
| 3 |
SAM
Secure Asset Management
Troy,
Michigan
|
-$254K |
| 4 |
RA
Royce & Associates
New York
|
-$251K |
| 5 |
Charles Schwab
San Francisco,
California
|
-$245K |
SGA Hedge Fund Activity: Q3 2020 in Review
39 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q3 2020, worth a combined $88.2M — down 23% from $115M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SGA and 0 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 8 added.
The largest buyer was Kennedy Capital Management, adding an estimated $564K. The largest seller was Bank of New York Mellon, cutting an estimated $563K.
- 39 institutional investors held Saga Communications (SGA) as of Q3 2020, down from 46 in Q2 2020.
- Funds reported $88.2M of Saga Communications stock for Q3 2020, down 23% quarter-over-quarter.
- 0 funds opened new Saga Communications positions in Q3 2020 and 7 closed out, a net change of -7 holders.
- The largest Saga Communications buyer in Q3 2020 was Kennedy Capital Management, an estimated $564K added.
- The largest Saga Communications seller in Q3 2020 was Bank of New York Mellon, an estimated $563K sold.
Based on aggregated 13F filings for Q3 2020.