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, Q4 2025
Institutional positions in Saratoga Investment Corp. as of Dec 31, 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
- +1 vs. Q3 2025
- Shares held
- 2.09M
- −167.7K (−7.4%) vs. Q3 2025
- Total value
- $48.4M
- −$6.61M (−12.0%) vs. Q3 2025
- New holders
- 11
- 21 more added
- Sold out
- 10
- 22 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Saratoga Investment Corp.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Hurley Capital, LLC | 14 | $333 | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 20 | $461 | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 49 | $1.13K | 0.00% | +49 | New |
| West Financial Advisors, LLC | 54 | $1.24K | 0.00% | +2+3.8% | Added |
| MJT & Associates Financial Advisory Group, Inc. | 94 | $2.17K | 0.00% | 00.0% | Unchanged |
| Strategic Investment Solutions, Inc. | 100 | $2.31K | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 125 | $2.88K | 0.00% | 00.0% | Unchanged |
| Avion Wealth | 204 | $4.00K | 0.00% | +204 | New |
| Triumph Capital Management | 225 | $5.19K | 0.00% | +225 | New |
| Laurel Wealth Advisors LLC | 241 | $5.56K | 0.00% | +241 | New |
| Harbor Asset Planning, Inc. | 261 | $6.02K | 0.01% | 00.0% | Unchanged |
| Eastern Bank | 400 | $9.23K | 0.00% | 00.0% | Unchanged |
| Flagship Harbor Advisors, LLC | 443 | $10.2K | 0.00% | +443 | New |
| Russell Investments Group, Ltd. | 480 | $11.1K | 0.00% | +320+200.0% | Added |
| CIBC Private Wealth Group, LLC | 500 | $11.5K | 0.00% | 00.0% | Unchanged |
| PFS Partners, LLC | 503 | $11.6K | 0.01% | 00.0% | Unchanged |
| State of Alaska, Department of Revenue | 630 | $14.0K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 684 | $15.8K | 0.00% | −322−32.0% | Reduced |
| Evolution Wealth Management Inc. | 701 | $16.2K | 0.01% | +50+7.7% | Added |
| IFP Advisors, Inc | 1,000 | $23.1K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 1,068 | $24.6K | 0.00% | +368+52.6% | Added |
| Kestra Advisory Services, LLC | 1,987 | $45.8K | 0.00% | +1,987 | New |
| Bartlett & Co. Wealth Management LLC | 2,000 | $46.1K | 0.00% | 00.0% | Unchanged |
| Daytona Street Capital LLC | 1,999 | $50.6K | 0.04% | +1,999 | New |
| Simplex Trading, LLC | 4,264 | $98.4K | 0.00% | +1,435+50.7% | Added |
| Steward Partners Investment Advisory, LLC | 5,212 | $120.2K | 0.00% | +4,478+610.1% | Added |
| Harbour Investments, Inc. | 5,973 | $137.8K | 0.00% | +3,000+100.9% | Added |
| Register Financial Advisors LLC | 5,980 | $138.0K | 0.05% | +29+0.5% | Added |
| JPMorgan Chase & Co | 7,021 | $162.0K | 0.00% | −104−1.5% | Reduced |
| HighTower Advisors, LLC | 10,213 | $235.6K | 0.00% | −647−6.0% | Reduced |
| Wedbush Securities Inc | 10,700 | $247.0K | 0.01% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 11,000 | $253.8K | 0.00% | −89,647−89.1% | Reduced |
| Davidson Trust Co | 11,000 | $253.8K | 0.11% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 11,419 | $263.4K | 0.01% | −6,256−35.4% | Reduced |
| Aquatic Capital Management LLC | 12,101 | $279.2K | 0.01% | −628−4.9% | Reduced |
| Susquehanna International Group, LLP | 12,875 | $297.0K | 0.00% | +2,529+24.4% | Added |
| UBS Group AG | 13,024 | $300.5K | 0.00% | +12,064+1,256.7% | Added |
| Dynamic Technology Lab Private Ltd | 13,214 | $305.0K | 0.07% | +13,214 | New |
| Sunbelt Securities, Inc. | 13,726 | $316.7K | 0.02% | +344+2.6% | Added |
| Trexquant Investment LP | 16,827 | $388.2K | 0.00% | −34,935−67.5% | Reduced |
| Royal Bank of Canada | 17,393 | $401.0K | 0.00% | −1,573−8.3% | Reduced |
| D.A. Davidson & Co. | 18,194 | $419.7K | 0.00% | −13,258−42.2% | Reduced |
| Advisor Group Holdings, Inc. | 18,403 | $424.6K | 0.00% | +11,787+178.2% | Added |
| Citadel Advisors LLC | 18,460 | $425.9K | 0.00% | +18,460 | New |
| Commonwealth Equity Services, LLC | 18,637 | $430.0K | 0.00% | −6,561−26.0% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 18,950 | $437.0K | 0.00% | −8,164−30.1% | Reduced |
| Focus Financial Network, Inc. | 19,455 | $448.8K | 0.02% | +3,800+24.3% | Added |
| PFG Advisors | 21,697 | $500.6K | 0.02% | −220−1.0% | Reduced |
| Cetera Investment Advisers | 21,825 | $503.5K | 0.00% | +1,807+9.0% | Added |
| Colony Group, LLC | 25,600 | $590.6K | 0.00% | +25,600 | New |
| Raymond James Financial Inc | 25,666 | $592.1K | 0.00% | +2,594+11.2% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 27,027 | $624.0K | 0.01% | −23,205−46.2% | Reduced |
| Morgan Stanley | 30,338 | $699.9K | 0.00% | −46,695−60.6% | Reduced |
| Virtus Investment Advisers, Inc. | 32,641 | $753.0K | 0.20% | −3,644−10.0% | Reduced |
| JB Capital Partners LP | 33,847 | $780.9K | 0.13% | 00.0% | Unchanged |
| Next Level Private LLC | 43,527 | $1.00M | 0.26% | 00.0% | Unchanged |
| Palogic Value Management, L.P. | 46,680 | $1.08M | 0.46% | 00.0% | Unchanged |
| Wealthcare Advisory Partners LLC | 49,471 | $1.14M | 0.02% | +4,791+10.7% | Added |
| Ethos Financial Group, LLC | 52,846 | $1.22M | 0.09% | −987−1.8% | Reduced |
| International Assets Investment Management, LLC | 61,809 | $1.43M | 0.10% | +9,199+17.5% | Added |
| Ameriprise Financial Inc | 65,592 | $1.51M | 0.00% | −5,957−8.3% | Reduced |
| Two Sigma Investments, LP | 67,507 | $1.56M | 0.00% | −47,528−41.3% | Reduced |
| Wells Fargo & Company | 82,830 | $1.91M | 0.00% | −1,269−1.5% | Reduced |
| BlackRock, Inc. | 95,197 | $2.20M | 0.00% | −3,669−3.7% | Reduced |
| Advisors Asset Management, Inc. | 101,383 | $2.34M | 0.04% | −14,258−12.3% | Reduced |
| LPL Financial LLC | 113,727 | $2.62M | 0.00% | +4,998+4.6% | Added |
| Legal & General Group Plc | 117,294 | $2.71M | 0.00% | +23,765+25.4% | Added |
| Hennion & Walsh Asset Management, Inc. | 141,470 | $3.26M | 0.11% | −38,593−21.4% | Reduced |
| Closed-End Fund Advisors, Inc. | 159,499 | $3.68M | 2.17% | +159,499 | New |
| Private Advisor Group, LLC | 163,359 | $3.77M | 0.02% | +5,073+3.2% | Added |
| Lido Advisors, LLC | 199,138 | $4.86M | 0.02% | +1,265+0.6% | Added |
| Redhawk Wealth Advisors, Inc. | 0 | $0 | 0.00% | −40,356−100.0% | Sold out |
| RMB Capital Management, LLC | 0 | $0 | 0.00% | −30,000−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −17,813−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −16,631−100.0% | Sold out |
| Bard Associates Inc | 0 | $0 | 0.00% | −14,256−100.0% | Sold out |
| VestGen Advisors, LLC | 0 | $0 | 0.00% | −12,759−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −1,841−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −1,464−100.0% | Sold out |
| Hantz Financial Services, Inc. | 0 | $0 | 0.00% | −75−100.0% | Sold out |
| FMR LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Promus Capital, LLC | – | – | – | – | Not filed |