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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, Q2 2023

Institutional positions in Saratoga Investment Corp. as of Jun 30, 2023. 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
67
+10 vs. Q1 2023
Shares held
1.77M
−92.9K (−5.0%) vs. Q1 2023
Total value
$47.8M
+$706.0K (+1.5%) vs. Q1 2023
New holders
18
23 more added
Sold out
8
18 more reduced

1 institution that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2023: 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 holdersQ2 2023: 67 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 heldQ2 2023: $47.8M
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, Q2 2023

Shares, value and share of portfolio for each institution holding Saratoga Investment Corp.; share changes are against Q1 2023.

Institutions holding SAR in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Advisors Asset Management, Inc.128,551$3.47M0.07%−10,299−7.4%Reduced
Millennium Management LLC125,826$3.40M0.00%+50,109+66.2%Added
Two Sigma Advisers, LP100,800$2.72M0.01%+37,000+58.0%Added
Black Diamond Capital Management, L.L.C.96,507$2.60M1.62%−345,263−78.2%Reduced
Two Sigma Investments, LP93,403$2.52M0.01%+68,493+275.0%Added
Legal & General Group Plc89,035$2.40M0.00%+7,186+8.8%Added
Wells Fargo & Company86,104$2.32M0.00%+1,475+1.7%Added
Hennion & Walsh Asset Management, Inc.80,782$2.18M0.13%−16,563−17.0%Reduced
LPL Financial LLC71,819$1.94M0.00%+6,935+10.7%Added
Raymond James & Associates63,809$1.72M0.00%−5,767−8.3%Reduced
Private Advisor Group, LLC59,374$1.60M0.01%+2,800+4.9%Added
Ameriprise Financial Inc58,339$1.57M0.00%+60+0.1%Added
Palogic Value Management, L.P.47,680$1.29M0.60%−1,100−2.3%Reduced
Claybrook Capital, LLC41,817$1.13M0.60%+8,372+25.0%Added
Morgan Stanley35,490$957.9K0.00%+3,428+10.7%Added
Advisor Group Holdings, Inc.34,518$931.6K0.00%−1,467−4.1%Reduced
JB Capital Partners LP33,847$913.5K0.20%00.0%Unchanged
Putnam Investments LLC33,589$906.6K0.00%+6,080+22.1%Added
Marshall Wace, LLP33,521$904.7K0.00%+33,521New
Next Level Private LLC28,459$781.2K0.51%00.0%Unchanged
Royal Bank of Canada28,341$765.0K0.00%+722+2.6%Added
Advisory Research Inc26,925$726.7K0.09%−2,731−9.2%Reduced
PFG Advisors26,391$712.3K0.05%00.0%Unchanged
Mackenzie Financial Corp23,846$648.1K0.00%−7,062−22.8%Reduced
D.A. Davidson & Co.22,840$616.5K0.01%+85+0.4%Added
D. E. Shaw & Co., Inc.20,435$551.5K0.00%+20,435New
National Asset Management, Inc.19,010$513.1K0.01%−1,821−8.7%Reduced
Cerity Partners LLC18,700$504.7K0.00%−6,011−24.3%Reduced
Bard Associates Inc16,485$444.9K0.17%+75+0.5%Added
Quadrature Capital Ltd16,366$440.9K0.01%+16,366New
Commonwealth Equity Services, LLC12,145$328.0K0.00%+3,229+36.2%Added
Davidson Trust Co11,000$296.9K0.21%00.0%Unchanged
Atria Wealth Solutions, Inc.10,905$294.3K0.00%+2,400+28.2%Added
Jump Financial, LLC10,200$275.3K0.01%+10,200New
Mariner, LLC9,546$257.7K0.00%−381−3.8%Reduced
Cubist Systematic Strategies, LLC9,540$257.5K0.00%+9,540New
Virtus ETF Advisers LLC9,250$249.7K0.15%−500−5.1%Reduced
Chicago Partners Investment Group LLC9,409$248.7K0.01%−10,709−53.2%Reduced
Larson Financial Group LLC9,152$247.0K0.02%+229+2.6%Added
Qube Research & Technologies Ltd8,991$242.7K0.00%+8,991New
Avantax Advisory Services, Inc.8,870$239.4K0.00%+91+1.0%Added
Janney Montgomery Scott LLC8,820$238.0K0.00%+8,820New
Cetera Advisors LLC8,325$224.7K0.00%+8,325New
SG Americas Securities, LLC8,168$220.0K0.00%+8,168New
Citadel Advisors LLC8,011$216.2K0.00%+3,720+86.7%Added
HRT Financial LP7,640$206.0K0.00%+7,640New
First Republic Investment Management, Inc.7,500$202.4K0.00%−6,177−45.2%Reduced
Rockefeller Capital Management L.P.7,143$192.8K0.00%−1,191−14.3%Reduced
IFP Advisors, Inc8,312$191.6K0.01%−516−5.8%Reduced
Register Financial Advisors LLC5,787$156.2K0.11%+12+0.2%Added
Steward Partners Investment Advisory, LLC5,503$148.5K0.00%−1,700−23.6%Reduced
Sunbelt Securities, Inc.5,082$137.2K0.02%00.0%Unchanged
BNP Paribas Arbitrage, SA3,247$87.6K0.00%+3,247New
UBS Group AG2,639$71.2K0.00%+1,510+133.7%Added
Toth Financial Advisory Corp2,600$70.2K0.01%+2,600New
Quantbot Technologies LP2,426$65.5K0.00%+2,426New
JPMorgan Chase & Co2,300$62.1K0.00%+2,200+2,200.0%Added
Bank of America Corp2,046$55.2K0.00%−7−0.3%Reduced
Tradition Wealth Management, LLC1,624$44.0K0.01%+41+2.6%Added
Harbour Investments, Inc.1,000$27.0K0.00%+1,000New
PFS Partners, LLC503$13.6K0.01%00.0%Unchanged
Bartlett & Co. Wealth Management LLC500$13.5K0.00%+500New
Bartlett & Co. LLC500$13.0K0.00%+500New
Laurel Wealth Advisors LLC241$6.50K0.00%00.0%Unchanged
Financial Management Professionals, Inc.181$5.00K0.00%00.0%Unchanged
Citigroup Inc8$2160.00%+8New
Baystate Wealth Management LLC0$110.00%0New
Trexquant Investment LP0$00.00%−11,533−100.0%Sold out
ICA Group Wealth Management, LLC0$00.00%−4,950−100.0%Sold out
International Assets Investment Management, LLC0$00.00%−3,116−100.0%Sold out
Belpointe Asset Management LLC0$00.00%−1,000−100.0%Sold out
Advisory Services Network, LLC0$00.00%−772−100.0%Sold out
Simplex Trading, LLC0$00.00%−548−100.0%Sold out
FMR LLC0$00.00%−237−100.0%Sold out
TCI Wealth Advisors, Inc.0$00.00%0Sold out
Ahrens Investment Partners LLC––––Not filed