Saga Communications
37 hedge funds and large institutions have $74.1M invested in Saga Communications in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 4 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less capital invested
Capital invested by funds: $76M → $74.1M (-$1.91M)
1.71% less ownership
Funds ownership: 58.18% → 56.47% (-1.7%)
3% less funds holding
Funds holding: 38 → 37 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$462K |
| 2 |
BlackRock
New York
|
+$455K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$162K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$73.3K |
| 5 |
Citigroup
New York
|
+$49.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.51M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$494K |
| 3 |
Millennium Management
New York
|
-$425K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$366K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$237K |
SGA Hedge Fund Activity: Q3 2023 in Review
37 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q3 2023, worth a combined $74.1M — down 2.5% from $76M a quarter earlier.
Fund positioning in SGA was balanced in Q3 2023: 4 funds opened new positions, 4 closed out, 14 added to existing stakes and 9 trimmed.
The largest buyer was Royce & Associates, adding an estimated $462K. The largest seller was Fidelity Investments, cutting an estimated $1.51M.
- 37 institutional investors held Saga Communications (SGA) as of Q3 2023, down from 38 in Q2 2023.
- Funds reported $74.1M of Saga Communications stock for Q3 2023, down 2.5% quarter-over-quarter.
- 4 funds opened new Saga Communications positions in Q3 2023 and 4 closed out, a net change of 0 holders.
- The largest Saga Communications buyer in Q3 2023 was Royce & Associates, an estimated $462K added.
- The largest Saga Communications seller in Q3 2023 was Fidelity Investments, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2023.