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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, Q1 2026

Institutional positions in Saratoga Investment Corp. as of Mar 31, 2026. 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
63
−7 vs. Q4 2025
Shares held
1.93M
−161.1K (−7.7%) vs. Q4 2025
Total value
$42.2M
−$6.24M (−12.9%) vs. Q4 2025
New holders
8
26 more added
Sold out
15
9 more reduced

1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 63 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 heldQ1 2026: $42.2M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Saratoga Investment Corp.; share changes are against Q4 2025.

Institutions holding SAR in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Lido Advisors, LLC199,138$4.36M0.02%00.0%Unchanged
Private Advisor Group, LLC165,139$3.61M0.02%+1,780+1.1%Added
Hennion & Walsh Asset Management, Inc.137,675$3.01M0.10%−3,795−2.7%Reduced
Legal & General Group Plc122,941$2.69M0.00%+5,647+4.8%Added
LPL Financial LLC113,995$2.49M0.00%+268+0.2%Added
Advisors Asset Management, Inc.106,625$2.33M0.04%+5,242+5.2%Added
Wells Fargo & Company85,267$1.86M0.00%+2,437+2.9%Added
International Assets Investment Management, LLC82,407$1.76M0.12%+20,598+33.3%Added
Ethos Financial Group, LLC52,846$1.22M0.09%00.0%Unchanged
Two Sigma Investments, LP54,746$1.20M0.00%−12,761−18.9%Reduced
BlackRock, Inc.54,596$1.19M0.00%−40,601−42.6%Reduced
Wealthcare Advisory Partners LLC50,573$1.11M0.02%+1,102+2.2%Added
Raymond James Financial Inc48,454$1.06M0.00%+22,788+88.8%Added
Palogic Value Management, L.P.46,680$1.02M0.45%00.0%Unchanged
Next Level Private LLC43,527$951.9K0.22%00.0%Unchanged
JB Capital Partners LP33,847$760.9K0.13%00.0%Unchanged
Morgan Stanley28,286$618.6K0.00%−2,052−6.8%Reduced
Colony Group, LLC27,709$606.0K0.00%+2,109+8.2%Added
UBS Group AG27,280$596.6K0.00%+14,256+109.5%Added
BI Asset Management Fondsmaeglerselskab A/S27,027$591.0K0.01%00.0%Unchanged
Virtus Investment Advisers, Inc.25,752$563.2K0.16%−6,889−21.1%Reduced
Bank of America Corp25,027$547.3K0.00%+23,959+2,243.4%Added
Cambridge Investment Research Advisors, Inc.23,976$524.0K0.00%+5,026+26.5%Added
Citadel Advisors LLC23,303$509.6K0.00%+4,843+26.2%Added
Advisor Group Holdings, Inc.22,694$496.3K0.00%+4,291+23.3%Added
Cetera Investment Advisers22,301$487.7K0.00%+476+2.2%Added
PFG Advisors21,704$474.7K0.02%+70.0%Added
HRT Financial LP21,519$470.0K0.00%+21,519New
Focus Financial Network, Inc.21,176$463.1K0.02%+1,721+8.8%Added
VestGen Advisors, LLC19,250$426.0K0.01%+19,250New
D.A. Davidson & Co.18,303$400.3K0.00%+109+0.6%Added
Ameriprise Financial Inc18,131$396.5K0.00%−47,461−72.4%Reduced
Royal Bank of Canada17,950$393.0K0.00%+557+3.2%Added
Greenwood Gearhart Inc17,800$389.3K0.02%+17,800New
Commonwealth Equity Services, LLC17,182$375.8K0.00%−1,455−7.8%Reduced
Sunbelt Securities, Inc.13,726$300.2K0.02%00.0%Unchanged
Davidson Trust Co11,000$240.6K0.10%00.0%Unchanged
Wedbush Securities Inc10,700$234.0K0.01%00.0%Unchanged
Janney Montgomery Scott LLC10,256$224.0K0.00%+10,256New
HighTower Advisors, LLC10,221$223.5K0.00%+8+0.1%Added
XTX Topco Ltd10,079$220.4K0.00%+10,079New
Steward Partners Investment Advisory, LLC7,477$163.5K0.00%+2,265+43.5%Added
JPMorgan Chase & Co7,021$149.6K0.00%00.0%Unchanged
Register Financial Advisors LLC6,003$131.3K0.05%+23+0.4%Added
Aquatic Capital Management LLC5,725$125.2K0.00%−6,376−52.7%Reduced
Daytona Street Capital LLC1,999$50.4K0.04%00.0%Unchanged
Triumph Capital Management1,775$38.8K0.01%+1,550+688.9%Added
IFP Advisors, Inc1,000$21.9K0.00%00.0%Unchanged
Evolution Wealth Management Inc.701$15.3K0.01%00.0%Unchanged
BNP Paribas Arbitrage, SA684$15.0K0.00%00.0%Unchanged
State of Alaska, Department of Revenue630$13.0K0.00%00.0%Unchanged
PFS Partners, LLC503$11.0K0.01%00.0%Unchanged
Bryn Mawr Trust Co500$10.9K0.00%+500New
Russell Investments Group, Ltd.328$7.17K0.00%−152−31.7%Reduced
Advisory Services Network, LLC241$5.27K0.00%+241New
Avion Wealth211$4.00K0.00%+7+3.4%Added
Fortitude Family Office, LLC140$3.06K0.00%+140New
MAI Capital Management125$2.73K0.00%00.0%Unchanged
Strategic Investment Solutions, Inc.100$2.19K0.00%00.0%Unchanged
MJT & Associates Financial Advisory Group, Inc.94$2.06K0.00%00.0%Unchanged
West Financial Advisors, LLC56$1.22K0.00%+2+3.7%Added
Larson Financial Group LLC49$1.07K0.00%00.0%Unchanged
Hurley Capital, LLC15$3260.00%+1+7.1%Added
Closed-End Fund Advisors, Inc.0$00.00%−159,499−100.0%Sold out
Trexquant Investment LP0$00.00%−16,827−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−13,214−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−12,875−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−11,419−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−11,000−100.0%Sold out
Harbour Investments, Inc.0$00.00%−5,973−100.0%Sold out
Simplex Trading, LLC0$00.00%−4,264−100.0%Sold out
Bartlett & Co. Wealth Management LLC0$00.00%−2,000−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−1,987−100.0%Sold out
Flagship Harbor Advisors, LLC0$00.00%−443−100.0%Sold out
Eastern Bank0$00.00%−400−100.0%Sold out
Harbor Asset Planning, Inc.0$00.00%−261−100.0%Sold out
Laurel Wealth Advisors LLC0$00.00%−241−100.0%Sold out
Ronald Blue Trust, Inc.0$00.00%−20−100.0%Sold out
CIBC Private Wealth Group, LLC––––Not filed