Saga Communications
38 hedge funds and large institutions have $76M invested in Saga Communications in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 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
6% more funds holding
Funds holding: 36 → 38 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.85% less ownership
Funds ownership: 60.03% → 58.18% (-1.8%)
7% less capital invested
Capital invested by funds: $81.7M → $76M (-$5.67M)
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Acuitas Investments
Seattle,
Washington
|
+$2.23M |
| 2 |
MC
Martin & Co
Knoxville,
Tennessee
|
+$433K |
| 3 |
RA
Royce & Associates
New York
|
+$328K |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$318K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$3.17M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.41M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$505K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$278K |
| 5 |
Millennium Management
New York
|
-$238K |
SGA Hedge Fund Activity: Q2 2023 in Review
38 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q2 2023, worth a combined $76M — down 6.9% from $81.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SGA positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 17 trimmed.
The largest buyer was Acuitas Investments, opening a new position worth an estimated $2.23M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $3.17M.
- 38 institutional investors held Saga Communications (SGA) as of Q2 2023, up from 36 in Q1 2023.
- Funds reported $76M of Saga Communications stock for Q2 2023, down 6.9% quarter-over-quarter.
- 5 funds opened new Saga Communications positions in Q2 2023 and 3 closed out, a net change of +2 holders.
- The largest Saga Communications buyer in Q2 2023 was Acuitas Investments, an estimated $2.23M added.
- The largest Saga Communications seller in Q2 2023 was T. Rowe Price Investment Management, an estimated $3.17M sold.
Based on aggregated 13F filings for Q2 2023.