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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 2022

Institutional positions in Saratoga Investment Corp. as of Dec 31, 2022. 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
52
+5 vs. Q3 2022
Shares held
2.28M
−50.7K (−2.2%) vs. Q3 2022
Total value
$56.9M
+$8.30M (+17.1%) vs. Q3 2022
New holders
11
16 more added
Sold out
6
12 more reduced

1 institution that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: 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 2022: 52 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 2022: $56.9M
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 2022

Shares, value and share of portfolio for each institution holding Saratoga Investment Corp.; share changes are against Q3 2022.

Institutions holding SAR in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Black Diamond Capital Management, L.L.C.951,340$24.2M14.88%−97,871−9.3%Reduced
Advisors Asset Management, Inc.133,585$3.41M0.07%−17,214−11.4%Reduced
Hennion & Walsh Asset Management, Inc.113,479$2.89M0.18%+1,342+1.2%Added
Wells Fargo & Company83,549$2.13M0.00%+1,360+1.7%Added
Raymond James & Associates82,521$2.10M0.00%−3,036−3.5%Reduced
Legal & General Group Plc79,617$2.03M0.00%+3,968+5.2%Added
LPL Financial LLC68,464$1.75M0.00%+1,912+2.9%Added
Ameriprise Financial Inc60,368$1.54M0.00%+12,495+26.1%Added
Palogic Value Management, L.P.49,980$1.27M0.66%+49,980New
Banque Pictet & Cie SA44,468$1.13M0.01%+1,065+2.5%Added
Pictet North America Advisors SA44,468$1.13M0.20%+1,065+2.5%Added
Two Sigma Advisers, LP39,100$996.7K0.00%−900−2.3%Reduced
Advisor Group Holdings, Inc.37,104$946.4K0.00%+303+0.8%Added
JB Capital Partners LP33,847$862.8K0.23%00.0%Unchanged
Claybrook Capital, LLC31,864$812.2K0.50%+9,209+40.6%Added
Advisory Research Inc30,351$773.6K0.07%−5,370−15.0%Reduced
Next Level Private LLC27,683$732.2K0.54%00.0%Unchanged
PFG Advisors28,217$719.3K0.07%−585−2.0%Reduced
Cerity Partners LLC26,613$678.4K0.00%00.0%Unchanged
Morgan Stanley25,818$658.1K0.00%−9,342−26.6%Reduced
Mackenzie Financial Corp22,018$561.2K0.00%−4,285−16.3%Reduced
Royal Bank of Canada21,654$552.0K0.00%+2,728+14.4%Added
National Asset Management, Inc.20,770$543.5K0.02%+4,020+24.0%Added
Chicago Partners Investment Group LLC19,971$539.0K0.03%+108+0.5%Added
D.A. Davidson & Co.20,218$515.4K0.01%−1,100−5.2%Reduced
Bard Associates Inc16,210$424.0K0.18%+125+0.8%Added
First Republic Investment Management, Inc.13,677$348.6K0.00%00.0%Unchanged
Davidson Trust Co11,000$280.4K0.25%00.0%Unchanged
Citadel Advisors LLC10,152$258.8K0.00%+10,152New
Virtus ETF Advisers LLC9,775$249.2K0.13%−6,435−39.7%Reduced
Mariner, LLC9,546$243.0K0.00%+9,546New
Commonwealth Equity Services, LLC8,564$218.0K0.00%+8,564New
Larson Financial Group LLC8,468$215.8K0.03%00.0%Unchanged
Rockefeller Capital Management L.P.8,209$209.0K0.00%−10,106−55.2%Reduced
Putnam Investments LLC8,005$204.0K0.00%+8,005New
IFP Advisors, Inc6,794$157.0K0.00%+66+1.0%Added
Register Financial Advisors LLC5,686$144.9K0.09%+5,686New
ICA Group Wealth Management, LLC4,950$126.2K0.03%+4,950New
Steward Partners Investment Advisory, LLC4,803$122.4K0.00%+4,069+554.4%Added
UBS Group AG1,528$38.9K0.00%−2,667−63.6%Reduced
Tradition Wealth Management, LLC1,502$38.0K0.01%00.0%Unchanged
Belpointe Asset Management LLC1,000$25.5K0.00%+1,000New
Cullen/Frost Bankers, Inc.900$22.9K0.00%00.0%Unchanged
Advisory Services Network, LLC766$19.5K0.00%+766New
PFS Partners, LLC503$12.8K0.01%00.0%Unchanged
Cornerstone Planning Group LLC287$7.76K0.00%+287New
Laurel Wealth Advisors LLC241$6.14K0.00%00.0%Unchanged
Financial Management Professionals, Inc.181$5.00K0.00%00.0%Unchanged
Private Advisor Group, LLC54,224$1.38K0.00%+8,300+18.1%Added
Signaturefd, LLC1$150.00%00.0%Unchanged
BlackRock Inc.1$140.00%00.0%Unchanged
Simplex Trading, LLC26$00.00%+26New
RMB Capital Management, LLC0$00.00%−25,901−100.0%Sold out
Northern Trust Corp0$00.00%−15,395−100.0%Sold out
National Bank of Canada0$00.00%−500−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−500−100.0%Sold out
Carmichael Hill & Associates, Inc.0$00.00%−315−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−301−100.0%Sold out
American Portfolios Advisors––––Not filed