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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, Q3 2023

Institutional positions in Saratoga Investment Corp. as of Sep 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
65
−2 vs. Q2 2023
Shares held
2.37M
+595.0K (+33.6%) vs. Q2 2023
Total value
$60.8M
+$13.0M (+27.2%) vs. Q2 2023
New holders
11
29 more added
Sold out
13
9 more reduced

Compare with Q2 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 holdersQ3 2023: 65 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 heldQ3 2023: $60.8M
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, Q3 2023

Shares, value and share of portfolio for each institution holding Saratoga Investment Corp.; share changes are against Q2 2023.

Institutions holding SAR in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Millennium Management LLC295,736$7.60M0.01%+169,910+135.0%Added
Two Sigma Investments, LP210,616$5.41M0.02%+117,213+125.5%Added
Two Sigma Advisers, LP181,300$4.66M0.01%+80,500+79.9%Added
Advisors Asset Management, Inc.140,051$3.60M0.08%+11,500+8.9%Added
Scoggin Management LP113,700$2.92M3.94%+113,700New
Wells Fargo & Company92,426$2.38M0.00%+6,322+7.3%Added
Legal & General Group Plc87,048$2.24M0.00%−1,987−2.2%Reduced
Hennion & Walsh Asset Management, Inc.82,974$2.13M0.14%+2,192+2.7%Added
Private Advisor Group, LLC82,324$2.12M0.02%+22,950+38.7%Added
LPL Financial LLC73,965$1.90M0.00%+2,146+3.0%Added
Marshall Wace, LLP58,975$1.52M0.00%+25,454+75.9%Added
Quadrature Capital Ltd55,663$1.43M0.03%+39,297+240.1%Added
Alpine Global Management, LLC52,000$1.34M0.31%+52,000New
Morgan Stanley51,409$1.32M0.00%+15,919+44.9%Added
Raymond James & Associates49,691$1.28M0.00%−14,118−22.1%Reduced
Simplify Asset Management Inc.48,500$1.25M0.21%+48,500New
Palogic Value Management, L.P.47,680$1.23M0.61%00.0%Unchanged
Ameriprise Financial Inc46,908$1.21M0.00%−11,431−19.6%Reduced
Claybrook Capital, LLC41,817$1.07M0.61%00.0%Unchanged
Advisor Group Holdings, Inc.39,220$1.01M0.00%+4,702+13.6%Added
Citadel Advisors LLC39,213$1.01M0.00%+31,202+389.5%Added
Putnam Investments LLC38,294$984.2K0.00%+4,705+14.0%Added
JB Capital Partners LP33,847$869.9K0.22%00.0%Unchanged
Next Level Private LLC31,476$786.6K0.52%+3,017+10.6%Added
Trexquant Investment LP30,157$775.0K0.02%+30,157New
Royal Bank of Canada25,738$662.0K0.00%−2,603−9.2%Reduced
PFG Advisors25,229$648.4K0.06%−1,162−4.4%Reduced
D.A. Davidson & Co.23,167$595.4K0.01%+327+1.4%Added
Squarepoint Ops LLC23,122$594.2K0.00%+23,122New
Virtus ETF Advisers LLC21,088$542.0K0.33%+11,838+128.0%Added
Commonwealth Equity Services, LLC19,040$489.0K0.00%+6,895+56.8%Added
Janney Montgomery Scott LLC17,383$447.0K0.00%+8,563+97.1%Added
Qube Research & Technologies Ltd16,570$425.8K0.00%+7,579+84.3%Added
Bard Associates Inc16,485$423.7K0.18%00.0%Unchanged
Cubist Systematic Strategies, LLC16,105$413.9K0.01%+6,565+68.8%Added
JPMorgan Chase & Co13,265$340.9K0.00%+10,965+476.7%Added
Jump Financial, LLC12,601$323.8K0.01%+2,401+23.5%Added
Atria Wealth Solutions, Inc.11,655$299.5K0.00%+750+6.9%Added
Davidson Trust Co11,000$282.7K0.21%00.0%Unchanged
Mariner, LLC9,546$245.3K0.00%00.0%Unchanged
Larson Financial Group LLC9,152$235.2K0.02%00.0%Unchanged
National Asset Management, Inc.9,115$234.2K0.01%−9,895−52.1%Reduced
Avantax Advisory Services, Inc.8,957$230.2K0.00%+87+1.0%Added
Quantbot Technologies LP6,565$168.7K0.01%+4,139+170.6%Added
BNP Paribas Arbitrage, SA6,169$158.5K0.00%+2,922+90.0%Added
Register Financial Advisors LLC5,801$149.1K0.11%+14+0.2%Added
Sunbelt Securities, Inc.5,082$130.6K0.02%00.0%Unchanged
Hillsdale Investment Management Inc.4,900$125.9K0.01%+4,900New
Steward Partners Investment Advisory, LLC4,503$115.7K0.00%−1,000−18.2%Reduced
UBS Group AG4,152$106.7K0.00%+1,513+57.3%Added
Strategic Investment Solutions, Inc.2,800$72.3K0.00%+2,800New
Bank of America Corp2,000$51.4K0.00%−46−2.2%Reduced
Tradition Wealth Management, LLC1,624$42.0K0.01%00.0%Unchanged
IFP Advisors, Inc1,500$38.5K0.00%−6,812−82.0%Reduced
Tower Research Capital LLC (TRC)1,487$38.2K0.00%+1,487New
Barclays PLC1,441$37.0K0.00%+1,441New
C M Bidwell & Associates Ltd1,385$35.6K0.03%+1,385New
Harbour Investments, Inc.1,000$25.7K0.00%00.0%Unchanged
Bartlett & Co. LLC500$13.0K0.00%00.0%Unchanged
PFS Partners, LLC503$12.9K0.01%00.0%Unchanged
Bartlett & Co. Wealth Management LLC500$12.8K0.00%00.0%Unchanged
Laurel Wealth Advisors LLC241$6.19K0.00%00.0%Unchanged
Signaturefd, LLC222$5.71K0.00%+222New
Financial Management Professionals, Inc.181$5.00K0.00%00.0%Unchanged
Baystate Wealth Management LLC0$100.00%0Unchanged
Black Diamond Capital Management, L.L.C.0$00.00%−96,507−100.0%Sold out
Advisory Research Inc0$00.00%−26,925−100.0%Sold out
Mackenzie Financial Corp0$00.00%−23,846−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−20,435−100.0%Sold out
Cerity Partners LLC0$00.00%−18,700−100.0%Sold out
Chicago Partners Investment Group LLC0$00.00%−9,409−100.0%Sold out
Cetera Advisors LLC0$00.00%−8,325−100.0%Sold out
SG Americas Securities, LLC0$00.00%−8,168−100.0%Sold out
HRT Financial LP0$00.00%−7,640−100.0%Sold out
First Republic Investment Management, Inc.0$00.00%−7,500−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−7,143−100.0%Sold out
Toth Financial Advisory Corp0$00.00%−2,600−100.0%Sold out
Citigroup Inc0$00.00%−8−100.0%Sold out