SAR · Saratoga Investment Corp.

$18.43 -0.29 (-1.55%) At close · Aug 21

Market Cap

$300.60M

16.31M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 61

Total Value: $44,201,544

Total Shares: 1,981,245

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 61 13F filers · Δ vs Mar 31, 2026

Top Holder

9.2%

−0.6 pts

Top 5

36.2%

−0.1 pts

Top 10

58.4%

+2.3 pts

HHI

448

Broadly held+20

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -4

Institutional value: -0.7%

Shares held: -2.6%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large Janney Montgomery Scott LLC	+45,901	56,157
Mid INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC	+33,605	116,012
Mega Legal & General Group Plc	+18,288	141,229
Mid Advisors Asset Management, Inc.	+15,010	121,635
Mid XTX Topco Ltd	+14,860	24,939

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega TWO SIGMA INVESTMENTS, LP	−37,327	17,419
Large BI Asset Management Fondsmaeglerselskab A/S	−22,043	4,984
Mega UBS Group AG	−20,615	6,665
Mid Private Advisor Group, LLC	−18,458	146,681
Large Lido Advisors, LLC	−17,620	181,518

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mega JANE STREET GROUP, LLC	39,200	$874,552
Mid IFG Advisory, LLC	1,000	$22,310
Mid Integrated Wealth Concepts LLC	965	$21,529
Large NewEdge Advisors, LLC	100	$2,231
Mid Quarry LP	20	$446

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Small PFG Advisors	21,704	$474,666
Large HRT FINANCIAL LP	21,519	$470,620
Small Sunbelt Securities, Inc.	13,726	$300,187
Large HighTower Advisors, LLC	10,221	$223,533
Mid Western Wealth Management, LLC	3,195	$69,874

Filter: New 6 Increased 21 Reduced 22 Sold out 10 Unchanged 12

Showing 64 of 64

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Lido Advisors, LLC

$4,049,666

9.16%

181,518

Private Advisor Group, LLC

$3,272,453

7.40%

146,681

Legal & General Group Plc

$3,150,818

7.13%

141,229

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management Ltd	141,229	$3,150,818	100.0%	Defined

Hennion & Walsh Asset Management, Inc.

$2,834,262

6.41%

127,040

Advisors Asset Management, Inc.

$2,713,676

6.14%

121,635

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC

$2,588,227

5.86%

116,012

LPL Financial LLC

$2,496,689

5.65%

111,909

WELLS FARGO & COMPANY/MN

$1,898,111

4.29%

85,079

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	250	$5,577	0.3%	Defined
WELLS FARGO CLEARING SERVICES, LLC	84,829	$1,892,534	99.7%	Defined

Ethos Financial Group, LLC

$1,261,251

2.85%

56,533

Janney Montgomery Scott LLC

$1,252,862

2.83%

56,157

BlackRock, Inc.

$1,188,252

2.69%

53,261

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BlackRock Asset Management Ireland Ltd	53,261	$1,188,252	100.0%	Sole

CITADEL ADVISORS LLC

$1,126,811

2.55%

50,507

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	50,507	$1,126,811	100.0%	Defined

RAYMOND JAMES FINANCIAL INC

$1,096,379

2.48%

49,143

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	20,529	$458,001	41.8%	Defined
Raymond James Financial Services Advisors, Inc.	28,614	$638,378	58.2%	Defined

Wealthcare Advisory Partners LLC

$1,096,335

2.48%

49,141

Palogic Value Management, L.P.

$1,041,430

2.36%

46,680

Next Level Private LLC

$971,087

2.20%

43,527

MORGAN STANLEY

$930,616

2.11%

41,713

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	2,246	$50,108	5.4%	Defined
MORGAN STANLEY SMITH BARNEY LLC	39,467	$880,508	94.6%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$892,400

2.02%

40,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	40,000	$892,400	100.0%	Other

JB CAPITAL PARTNERS LP

$755,126

1.71%

33,847

Focus Partners Wealth

$701,448

1.59%

31,441

JANE STREET GROUP, LLC

$649,221

1.47%

29,100

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	29,100	$649,221	100.0%	Defined

Focus Financial Network, Inc.

$562,613

1.27%

25,218

XTX Topco Ltd

$556,389

1.26%

24,939

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	24,939	$556,389	100.0%	Defined

Cambridge Investment Research Advisors, Inc.

$517,569

1.17%

23,199

Cetera Investment Advisers

$513,152

1.16%

23,001

OSAIC HOLDINGS, INC.

$507,484

1.15%

22,747

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	20,644	$460,567	90.8%	Defined
Osaic Advisory Services, LLC	2,103	$46,917	9.2%	Defined

GREENWOOD GEARHART LLC

$479,665

1.09%

21,500

Virtus Investment Advisers, LLC

$463,088

1.05%

20,757

CITADEL ADVISORS LLC

$432,814

0.98%

19,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	19,400	$432,814	100.0%	Defined

ROYAL BANK OF CANADA

$429,199

0.97%

19,238

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	19,238	$429,199	100.0%	Defined

TWO SIGMA INVESTMENTS, LP

$388,617

0.88%

17,419

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$341,343

0.77%

15,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	15,300	$341,343	100.0%	Other

D.A. DAVIDSON & CO.

$332,307

0.75%

14,895

AMERIPRISE FINANCIAL INC

$329,786

0.75%

14,782

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Ameriprise Financial Services, LLC	14,782	$329,786	100.0%	Defined

COMMONWEALTH EQUITY SERVICES, LLC

$248,131

0.56%

11,122

DAVIDSON TRUST CO

$245,410

0.56%

11,000

WEDBUSH SECURITIES INC

$227,562

0.51%

10,200

JANE STREET GROUP, LLC

$225,331

0.51%

10,100

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	10,100	$225,331	100.0%	Defined

Steward Partners Investment Advisory, LLC

$219,775

0.50%

9,851

VestGen Advisors, LLC

$216,830

0.49%

9,719

BANK OF AMERICA CORP /DE/

$213,729

0.48%

9,580

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	9,580	$213,729	100.0%	Defined

JPMORGAN CHASE & CO

$154,585

0.35%

6,929

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Investment Management Inc.	429	$9,570	6.2%	Defined
J.P. Morgan Securities LLC	6,500	$145,015	93.8%	Defined

UBS Group AG

$148,695

0.34%

6,665

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	704	$15,706	10.6%	Defined
UBS AG	1,318	$29,404	19.8%	Defined
UBS Securities LLC	4,643	$103,585	69.7%	Defined

$134,462

0.30%

6,027

BI Asset Management Fondsmaeglerselskab A/S

$111,193

0.25%

4,984

Triumph Capital Management

$65,814

0.15%

2,950

Aquatic Capital Management LLC

$22,622

0.05%

1,014

IFP Advisors, Inc

$22,310

0.05%

1,000

IFG Advisory, LLC

$22,310

0.05%

1,000

Integrated Wealth Concepts LLC

$21,529

0.05%

965

BNP PARIBAS ARBITRAGE, SA

$18,048

0.04%

809

EVOLUTION WEALTH MANAGEMENT INC.

$15,639

0.04%

701

State of Alaska, Department of Revenue

$14,055

0.03%

630

PFS Partners, LLC

$11,221

0.03%

503

Russell Investments Group, Ltd.

$6,358

0.01%

285

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	285	$6,358	100.0%	Defined

Avion Wealth

$4,863

0.01%

218

NewEdge Advisors, LLC

$2,231

0.01%

100

Strategic Investment Solutions, Inc. /IL

$2,231

0.01%

100

MJT & Associates Financial Advisory Group, Inc.

$2,097

0.00%

West Financial Advisors, LLC

$1,271

0.00%

Larson Financial Group LLC

$1,093

0.00%

Quarry LP

$446

0.00%

Hurley Capital, LLC

$334

0.00%

Frazier Financial Advisors, LLC

$223

0.00%

Key facts CIK 1377936 CUSIP 80349A208 13F (30d) 52 filings 47 filers Visit website Investor relations