Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Saga Communications Inc (SGA)

27 + Investors. Track Smart Money conviction in SGA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
68%

Smart Money Signals — SGA

Based on 27 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SGA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 63% of 3.0Y high

63% of all-time peak
Only 27 funds hold SGA today versus a peak of 43 funds at 2023 Q4 — just 63% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 13% fewer funds vs a year ago

fund count last 6Q
4 fewer hedge funds hold SGA compared to a year ago (-13% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟢

More buyers than sellers — 68% buying

15 buying7 selling
Last quarter: 15 funds were net buyers (3 opened a brand new position + 12 added to an existing one). Only 7 were sellers (3 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 1 → 1 → 3 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 15% medium ■ 22% new
17 out of 27 hedge funds have held SGA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~3 new funds/quarter

1 → 1 → 1 → 3 → 3 new funds/Q
New funds entering each quarter: 1 → 1 → 3 → 3. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 63% veterans vs 26% newcomers

■ 63% veterans ■ 11% 1-2yr ■ 26% new
Entry-cohort mix of 27 holders: 17 (63%) are 2+ year veterans, 3 entered 1–2 years ago, and 7 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds
11 of 25 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
1.7
out of 10
Low Exit Risk
Exit risk score 1.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SGA

In 2026 Q1, 15 hedge funds were net buyers of SGA (3 opened a new position, 12 added to an existing one), while 7 reduced or exited (3 trimmed, 4 sold completely) — a 68% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 27.

Hedge Fund Ownership: SGA

How many hedge funds hold SGA — quarterly history vs. share price
Quarterly hedge fund ownership of SGA vs. share price

Market Analysis: SGA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SGA

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 1 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: SGA
2026 Q2 Stats Unlock in 1 days 27 + Investors

Track Smart Money conviction in SGA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 27 28 -3.57%
13F Shares 3M 3M 0.65%
Total Value $40M $39M 2.98%
New Positions 3 3 -
Increased Positions 12 7 +5
Closed Positions 4 3 +1
Reduced Positions 3 11 -8
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SGA

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

27 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SGA. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 23 SGA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Towerview LLC 6.91% 1,161,144 $10.5M
2 Gate City Capital Management, LLC 2.03% 863,845 $7.8M
3 Peapod Lane Capital LLC 1.28% 209,865 $1.9M
4 Mork Capital Management, LLC 0.29% 50,000 $454K
5 Marquette Asset Management, LLC 0.03% 28,352 $257K
6 Bridgeway Capital Management, LLC 0.01% 71,961 $653K
7 Empowered Funds, LLC 0.00% 35,972 $326K
8 Renaissance Technologies LLC 0.00% 105,918 $961K
9 IFS Advisors, LLC 0.00% 100 —
10 Hrt Financial LP 0.00% 12,207 $110K
11 Tower Research Capital LLC (TRC) 0.00% 873 $8K
12 Vanguard Fiduciary Trust Co 0.00% 34,768 $315K
13 LPL Financial LLC 0.00% 30,150 $273K
14 Vanguard Capital Management LLC 0.00% 188,722 $1.7M
15 BlackRock, Inc. 0.00% 133,018 $1.2M
16 Morgan Stanley 0.00% 9,925 $90K
17 SBI Securities Co., Ltd. 0.00% 17 —
18 Barclays plc 0.00% 1,151 $10K
19 Osaic Holdings, INC. 0.00% 100 —
20 Royal Bank of Canada 0.00% 800 $7K
21 Kingdom Financial Group LLC. 0.00% — —
22 UBS Group AG 0.00% 42 —
23 Jpmorgan Chase & Co 0.00% 5 —
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Saga Communications Inc (SGA)

What does the Smart Money Trend signal show for SGA?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SGA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SGA?

More buyers than sellers — 68% buying: Last quarter: 15 funds were net buyers (3 opened a brand new position + 12 added to an existing one). Only 7 were sellers (3 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SGA holders?

Smaller funds dominant — 19% AUM from top-100: 11 of 25 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SGA?

63% of holders stayed for 2+ years: 17 out of 27 hedge funds have held SGA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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