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Saratoga Investment Corp.

SAR
Exchange
NYSE
SEC CIK
0001377936

No open-market purchases or sales by Saratoga Investment Corp. insiders were filed in the last 90 days; 58 institutions reported holding it in 13F filings for Q2 2026, worth $41.7M in total; no superinvestor holds it.

Other share classesSAJSATSAVSAXSAYSAZ

13F holders, Q4 2021

Institutional positions in Saratoga Investment Corp. as of Dec 31, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
63
+10 vs. Q3 2021
Shares held
2.55M
+1.28M (+100.8%) vs. Q3 2021
Total value
$74.9M
+$38.4M (+105.1%) vs. Q3 2021
New holders
19
19 more added
Sold out
9
12 more reduced

Compare with Q3 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SAR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2021: 63 institutions
Q1 2021: 47 institutionsQ2 2021: 47 institutionsQ3 2021: 53 institutionsQ4 2021: 63 institutionsQ1 2022: 57 institutionsQ2 2022: 54 institutionsQ3 2022: 48 institutionsQ4 2022: 52 institutionsQ1 2023: 58 institutionsQ2 2023: 67 institutionsQ3 2023: 65 institutionsQ4 2023: 71 institutionsQ1 2024: 61 institutionsQ2 2024: 58 institutionsQ3 2024: 57 institutionsQ4 2024: 67 institutionsQ1 2025: 67 institutionsQ2 2025: 65 institutionsQ3 2025: 71 institutionsQ4 2025: 71 institutionsQ1 2026: 63 institutionsQ2 2026: 58 institutions
Value heldQ4 2021: $74.9M
Q1 2021: $32.1MQ2 2021: $31.6MQ3 2021: $36.5MQ4 2021: $74.9MQ1 2022: $63.9MQ2 2022: $57.3MQ3 2022: $48.6MQ4 2022: $56.9MQ1 2023: $47.1MQ2 2023: $47.8MQ3 2023: $60.8MQ4 2023: $65.6MQ1 2024: $48.7MQ2 2024: $45.7MQ3 2024: $51.4MQ4 2024: $52.9MQ1 2025: $63.9MQ2 2025: $57.9MQ3 2025: $55.1MQ4 2025: $48.4MQ1 2026: $42.2MQ2 2026: $41.7M
Institutions holding SAR and their total value by quarter
QuarterHoldersValue
Q2 202658$41.7M
Q1 202663$42.2M
Q4 202571$48.4M
Q3 202571$55.1M
Q2 202565$57.9M
Q1 202567$63.9M
Q4 202467$52.9M
Q3 202457$51.4M
Q2 202458$45.7M
Q1 202461$48.7M
Q4 202371$65.6M
Q3 202365$60.8M
Q2 202367$47.8M
Q1 202358$47.1M
Q4 202252$56.9M
Q3 202248$48.6M
Q2 202254$57.3M
Q1 202257$63.9M
Q4 202163$74.9M
Q3 202153$36.5M
Q2 202147$31.6M
Q1 202147$32.1M

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding Saratoga Investment Corp.; share changes are against Q3 2021.

Institutions holding SAR in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Black Diamond Capital Management, L.L.C.978,397$28.7M15.25%+978,397New
Advisors Asset Management, Inc.138,230$4.06M0.06%+6,143+4.7%Added
Hennion & Walsh Asset Management, Inc.120,513$3.54M0.17%−7,520−5.9%Reduced
Thomas J. Herzfeld Advisors, Inc.100,890$2.96M1.08%+100,890New
Two Sigma Investments, LP84,638$2.49M0.01%+50,528+148.1%Added
LPL Financial LLC79,813$2.35M0.00%+2,875+3.7%Added
Raymond James & Associates74,643$2.19M0.00%−9,802−11.6%Reduced
Wells Fargo & Company73,323$2.15M0.00%+5,046+7.4%Added
Two Sigma Advisers, LP70,200$2.06M0.01%+26,700+61.4%Added
Legal & General Group Plc68,252$2.00M0.00%+1,333+2.0%Added
Cerity Partners LLC52,046$1.53M0.02%−1,039−2.0%Reduced
Mackenzie Financial Corp51,253$1.51M0.00%+111+0.2%Added
Advisor Group Holdings, Inc.41,633$1.22M0.00%−266−0.6%Reduced
JB Capital Partners LP33,847$994.0K0.21%00.0%Unchanged
Citadel Advisors LLC32,138$944.0K0.00%+32,138New
Marshall Wace, LLP30,523$897.0K0.00%+30,523New
PFG Advisors29,965$880.0K0.09%−633−2.1%Reduced
Millennium Management LLC28,397$834.0K0.00%+28,397New
Ares Management LLC27,798$817.0K0.02%−17,675−38.9%Reduced
Morgan Stanley27,573$810.0K0.00%−3,861−12.3%Reduced
Advisory Research Inc26,496$778.0K0.06%+6,157+30.3%Added
Ameriprise Financial Inc26,381$775.0K0.00%−428−1.6%Reduced
RMB Capital Management, LLC25,400$746.0K0.02%00.0%Unchanged
Putnam Investments LLC23,936$703.0K0.00%−62,826−72.4%Reduced
Chemistry Wealth Management LLC21,950$645.0K0.54%+21,950New
Next Level Private LLC21,950$645.0K0.54%+21,950New
D.A. Davidson & Co.21,071$619.0K0.01%+4,000+23.4%Added
D. E. Shaw & Co., Inc.19,747$580.0K0.00%+19,747New
Royal Bank of Canada19,575$575.0K0.00%+3,676+23.1%Added
Chicago Partners Investment Group LLC21,090$567.0K0.04%+13,010+161.0%Added
Rockefeller Capital Management L.P.16,747$492.0K0.00%+14,501+645.6%Added
Bard Associates Inc15,705$461.0K0.15%+4,610+41.6%Added
Private Advisor Group, LLC14,400$423.0K0.00%00.0%Unchanged
Virtus ETF Advisers LLC14,147$416.0K0.16%−2,436−14.7%Reduced
Davidson Trust Co13,000$382.0K0.26%00.0%Unchanged
Northern Trust Corp12,498$367.0K0.00%−99−0.8%Reduced
National Asset Management, Inc.12,115$356.0K0.01%+17+0.1%Added
All Season Financial Advisors, Inc.11,301$332.0K0.23%+11,301New
Commonwealth Equity Services, LLC9,880$290.0K0.00%+100+1.0%Added
Ahrens Investment Partners LLC9,710$285.0K0.13%−1,200−11.0%Reduced
First Republic Investment Management, Inc.8,975$264.0K0.00%+475+5.6%Added
Jump Financial, LLC8,800$259.0K0.02%+8,800New
TAP Consulting, LLC8,008$235.0K0.05%00.0%Unchanged
Financial Advocates Investment Management7,206$212.0K0.02%+7,206New
UBS Group AG4,027$118.0K0.00%+150+3.9%Added
Confluence Wealth Services, Inc.3,000$88.0K0.03%+3,000New
Geneos Wealth Management Inc.1,756$51.0K0.00%+1,375+360.9%Added
Tradition Wealth Management, LLC1,380$41.0K0.01%00.0%Unchanged
Cullen/Frost Bankers, Inc.1,357$40.0K0.00%00.0%Unchanged
American Portfolios Advisors880$25.9K0.00%00.0%Unchanged
Chilton Capital Management LLC840$25.0K0.00%+840New
Steward Partners Investment Advisory, LLC734$22.0K0.00%00.0%Unchanged
Mark Sheptoff Financial Planning, LLC700$21.0K0.01%00.0%Unchanged
National Bank of Canada500$15.0K0.00%+500New
PFS Partners, LLC503$14.8K0.01%+503New
Credit Agricole S A350$10.0K0.00%+350New
Carmichael Hill & Associates, Inc.315$9.00K0.00%+100+46.5%Added
Vectors Research Management, LLC300$9.00K0.00%+300New
Laurel Wealth Advisors LLC241$7.00K0.00%00.0%Unchanged
Aquatic Capital Management LLC200$6.00K0.01%+200New
Financial Management Professionals, Inc.181$5.00K0.00%00.0%Unchanged
Center for Financial Planning, Inc.2$00.00%00.0%Unchanged
Lee Financial Co15$00.00%+15New
Cetera Advisors LLC0$00.00%−7,488−100.0%Sold out
Eagle Global Advisors LLC0$00.00%−7,080−100.0%Sold out
Bank of America Corp0$00.00%−1,725−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−1,399−100.0%Sold out
Harbour Investments, Inc.0$00.00%−1,000−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−533−100.0%Sold out
Sandy Spring Bank0$00.00%−360−100.0%Sold out
JPMorgan Chase & Co0$00.00%−12−100.0%Sold out
Deutsche Bank AG0$00.00%−12−100.0%Sold out