Saga Communications
43 hedge funds and large institutions have $80.6M invested in Saga Communications in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 3 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
2% more capital invested
Capital invested by funds: $79M → $80.6M (+$1.61M)
0.5% more ownership
Funds ownership: 58.51% → 59% (+0.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 45 → 43 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$672K |
| 2 |
Morgan Stanley
New York
|
+$626K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$540K |
| 4 |
Goldman Sachs
New York
|
+$427K |
| 5 |
Jane Street
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Significant Wealth Partners
Cary,
Illinois
|
-$1.18M |
| 2 |
GCCM
Gate City Capital Management
Chicago,
Illinois
|
-$440K |
| 3 |
BlackRock
New York
|
-$257K |
| 4 |
6CM
683 Capital Management
New York
|
-$230K |
| 5 |
AI
Acuitas Investments
Seattle,
Washington
|
-$171K |
SGA Hedge Fund Activity: Q1 2024 in Review
43 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q1 2024, worth a combined $80.6M — up 2% from $79M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SGA and 1 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was Millennium Management, adding an estimated $672K. The largest seller was Significant Wealth Partners, exiting entirely with an estimated $1.18M sold.
- 43 institutional investors held Saga Communications (SGA) as of Q1 2024, down from 45 in Q4 2023.
- Funds reported $80.6M of Saga Communications stock for Q1 2024, up 2% quarter-over-quarter.
- 1 fund opened new Saga Communications positions in Q1 2024 and 3 closed out, a net change of -2 holders.
- The largest Saga Communications buyer in Q1 2024 was Millennium Management, an estimated $672K added.
- The largest Saga Communications seller in Q1 2024 was Significant Wealth Partners, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2024.