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.
13F holders, Q3 2025
Institutional positions in Saratoga Investment Corp. as of Sep 30, 2025. 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
- 71
- +7 vs. Q2 2025
- Shares held
- 2.26M
- −68.5K (−2.9%) vs. Q2 2025
- Total value
- $55.1M
- −$2.57M (−4.5%) vs. Q2 2025
- New holders
- 13
- 25 more added
- Sold out
- 6
- 15 more reduced
1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 58 | $41.7M |
| Q1 2026 | 63 | $42.2M |
| Q4 2025 | 71 | $48.4M |
| Q3 2025 | 71 | $55.1M |
| Q2 2025 | 65 | $57.9M |
| Q1 2025 | 67 | $63.9M |
| Q4 2024 | 67 | $52.9M |
| Q3 2024 | 57 | $51.4M |
| Q2 2024 | 58 | $45.7M |
| Q1 2024 | 61 | $48.7M |
| Q4 2023 | 71 | $65.6M |
| Q3 2023 | 65 | $60.8M |
| Q2 2023 | 67 | $47.8M |
| Q1 2023 | 58 | $47.1M |
| Q4 2022 | 52 | $56.9M |
| Q3 2022 | 48 | $48.6M |
| Q2 2022 | 54 | $57.3M |
| Q1 2022 | 57 | $63.9M |
| Q4 2021 | 63 | $74.9M |
| Q3 2021 | 53 | $36.5M |
| Q2 2021 | 47 | $31.6M |
| Q1 2021 | 47 | $32.1M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Saratoga Investment Corp.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Lido Advisors, LLC | 197,873 | $4.83M | 0.02% | +11,620+6.2% | Added |
| Hennion & Walsh Asset Management, Inc. | 180,063 | $4.39M | 0.16% | −28,545−13.7% | Reduced |
| Private Advisor Group, LLC | 158,286 | $3.86M | 0.02% | +7,006+4.6% | Added |
| Advisors Asset Management, Inc. | 115,641 | $2.82M | 0.05% | +10,356+9.8% | Added |
| Two Sigma Investments, LP | 115,035 | $2.81M | 0.00% | −60,805−34.6% | Reduced |
| LPL Financial LLC | 108,729 | $2.65M | 0.00% | +12,045+12.5% | Added |
| Two Sigma Advisers, LP | 100,647 | $2.45M | 0.00% | −131,153−56.6% | Reduced |
| BlackRock, Inc. | 98,866 | $2.41M | 0.00% | +29,268+42.1% | Added |
| Legal & General Group Plc | 93,529 | $2.28M | 0.00% | −1,421−1.5% | Reduced |
| Wells Fargo & Company | 84,099 | $2.05M | 0.00% | −16,821−16.7% | Reduced |
| Morgan Stanley | 77,033 | $1.88M | 0.00% | −880−1.1% | Reduced |
| Ameriprise Financial Inc | 71,549 | $1.75M | 0.00% | +4,650+7.0% | Added |
| International Assets Investment Management, LLC | 52,610 | $1.32M | 0.11% | 00.0% | Unchanged |
| Ethos Financial Group, LLC | 53,833 | $1.31M | 0.10% | +5,237+10.8% | Added |
| Trexquant Investment LP | 51,762 | $1.26M | 0.01% | +8,509+19.7% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 50,232 | $1.23M | 0.01% | 00.0% | Unchanged |
| Palogic Value Management, L.P. | 46,680 | $1.14M | 0.48% | 00.0% | Unchanged |
| Wealthcare Advisory Partners LLC | 44,680 | $1.09M | 0.02% | +4,754+11.9% | Added |
| Next Level Private LLC | 43,527 | $1.06M | 0.31% | +4,373+11.2% | Added |
| Redhawk Wealth Advisors, Inc. | 40,356 | $984.3K | 0.11% | +6,264+18.4% | Added |
| Virtus Investment Advisers, Inc. | 36,285 | $885.0K | 0.25% | −150.0% | Reduced |
| JB Capital Partners LP | 33,847 | $807.9K | 0.14% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 31,452 | $767.1K | 0.00% | +343+1.1% | Added |
| RMB Capital Management, LLC | 30,000 | $731.7K | 0.01% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 27,114 | $661.0K | 0.00% | +10,790+66.1% | Added |
| Commonwealth Equity Services, LLC | 25,198 | $615.0K | 0.00% | +911+3.8% | Added |
| Raymond James Financial Inc | 23,072 | $562.7K | 0.00% | −7,796−25.3% | Reduced |
| PFG Advisors | 21,917 | $534.6K | 0.02% | +60.0% | Added |
| Cetera Investment Advisers | 20,018 | $488.3K | 0.00% | +9,926+98.4% | Added |
| Royal Bank of Canada | 18,966 | $463.0K | 0.00% | −3,331−14.9% | Reduced |
| Kovitz Investment Group Partners, LLC | 17,813 | $434.5K | 0.00% | −32−0.2% | Reduced |
| Brevan Howard Capital Management LP | 17,675 | $431.1K | 0.01% | +17,675 | New |
| Marshall Wace, LLP | 16,631 | $405.6K | 0.00% | +16,631 | New |
| Focus Financial Network, Inc. | 15,655 | $381.8K | 0.01% | +15,655 | New |
| Bard Associates Inc | 14,256 | $347.7K | 0.09% | −1,589−10.0% | Reduced |
| Sunbelt Securities, Inc. | 13,382 | $326.4K | 0.02% | +8,300+163.3% | Added |
| VestGen Advisors, LLC | 12,759 | $311.2K | 0.01% | +12,759 | New |
| Aquatic Capital Management LLC | 12,729 | $310.5K | 0.01% | +12,470+4,814.7% | Added |
| Davidson Trust Co | 11,000 | $268.3K | 0.11% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 10,860 | $264.9K | 0.00% | +21+0.2% | Added |
| Wedbush Securities Inc | 10,700 | $261.0K | 0.01% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 10,346 | $252.3K | 0.00% | +10,346 | New |
| JPMorgan Chase & Co | 7,125 | $173.8K | 0.00% | −188−2.6% | Reduced |
| Advisor Group Holdings, Inc. | 6,616 | $167.9K | 0.00% | +360+5.8% | Added |
| Register Financial Advisors LLC | 5,951 | $145.1K | 0.06% | +19+0.3% | Added |
| Harbour Investments, Inc. | 2,973 | $72.5K | 0.00% | +1,973+197.3% | Added |
| Simplex Trading, LLC | 2,829 | $68.0K | 0.00% | +2,828+282,800.0% | Added |
| Bartlett & Co. Wealth Management LLC | 2,000 | $48.8K | 0.00% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 1,841 | $44.9K | 0.00% | +1,841 | New |
| Quantbot Technologies LP | 1,464 | $35.7K | 0.00% | +1,464 | New |
| Promus Capital, LLC | 1,273 | $31.0K | 0.02% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 1,006 | $24.5K | 0.00% | +1,006 | New |
| IFP Advisors, Inc | 1,000 | $24.4K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 960 | $23.4K | 0.00% | −13,228−93.2% | Reduced |
| Steward Partners Investment Advisory, LLC | 734 | $17.9K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 700 | $17.1K | 0.00% | 00.0% | Unchanged |
| Evolution Wealth Management Inc. | 651 | $15.9K | 0.02% | +6+0.9% | Added |
| State of Alaska, Department of Revenue | 630 | $15.0K | 0.00% | +630 | New |
| PFS Partners, LLC | 503 | $12.3K | 0.01% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 500 | $12.2K | 0.00% | −200−28.6% | Reduced |
| Eastern Bank | 400 | $9.76K | 0.00% | +400 | New |
| Harbor Asset Planning, Inc. | 261 | $6.37K | 0.01% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 160 | $3.90K | 0.00% | +160 | New |
| MAI Capital Management | 125 | $3.05K | 0.00% | 00.0% | Unchanged |
| Strategic Investment Solutions, Inc. | 100 | $2.44K | 0.00% | 00.0% | Unchanged |
| MJT & Associates Financial Advisory Group, Inc. | 94 | $2.29K | 0.00% | 00.0% | Unchanged |
| Hantz Financial Services, Inc. | 75 | $2.00K | 0.00% | +75 | New |
| West Financial Advisors, LLC | 52 | $1.27K | 0.00% | +1+2.0% | Added |
| Ronald Blue Trust, Inc. | 20 | $488 | 0.00% | +20 | New |
| Hurley Capital, LLC | 14 | $341 | 0.00% | 00.0% | Unchanged |
| FMR LLC | 1 | $24 | 0.00% | −30−96.8% | Reduced |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −14,328−100.0% | Sold out |
| Concurrent Investment Advisors, LLC | 0 | $0 | 0.00% | −9,768−100.0% | Sold out |
| Janney Montgomery Scott LLC | 0 | $0 | 0.00% | −8,077−100.0% | Sold out |
| Signaturefd, LLC | 0 | $0 | 0.00% | −439−100.0% | Sold out |
| GWM Advisors LLC | 0 | $0 | 0.00% | −358−100.0% | Sold out |
| Financial Management Professionals, Inc. | 0 | $0 | 0.00% | −181−100.0% | Sold out |
| Avantax Advisory Services, Inc. | – | – | – | – | Not filed |