Saga Communications
42 hedge funds and large institutions have $55.3M invested in Saga Communications in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 4 closing their positions.
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2% less funds holding
Funds holding: 43 → 42 (-1)
2.91% less ownership
Funds ownership: 59% → 56.1% (-2.9%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
62% less capital inflows, than outflows
Capital inflows: $1.26M | Capital outflows: $3.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$560K |
| 2 |
Quadrature Capital
London,
United Kingdom
|
+$207K |
| 3 |
Renaissance Technologies
New York
|
+$136K |
| 4 |
Gate City Capital Management
Chicago,
Illinois
|
+$102K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$80K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$556K |
| 2 |
Royce & Associates
New York
|
-$335K |
| 3 |
Millennium Management
New York
|
-$326K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$279K |
| 5 |
Lokken Investment Group
Lewes,
Delaware
|
-$272K |
SGA Hedge Fund Activity: Q2 2024 in Review
42 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q2 2024, worth a combined $55.3M — down 31% from $80.6M a quarter earlier.
Fund positioning in SGA was balanced in Q2 2024: 4 funds opened new positions, 4 closed out, 10 added to existing stakes and 16 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $560K. The largest seller was Jane Street, exiting entirely with an estimated $556K sold.
- 42 institutional investors held Saga Communications (SGA) as of Q2 2024, down from 43 in Q1 2024.
- Funds reported $55.3M of Saga Communications stock for Q2 2024, down 31% quarter-over-quarter.
- 4 funds opened new Saga Communications positions in Q2 2024 and 4 closed out, a net change of 0 holders.
- The largest Saga Communications buyer in Q2 2024 was Citadel Advisors, an estimated $560K added.
- The largest Saga Communications seller in Q2 2024 was Jane Street, an estimated $556K sold.
Based on aggregated 13F filings for Q2 2024.