Saratoga Investment Corp.
Saratoga Investment Corp. (SAR) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · SAR · as of Mar 31, 2025
Ownership Breakdown
70
Institutional Holders
$63.93M
Total Inst. Value
▲ $11.03M vs Q4
16.27M
Shares Outstanding
freeFloat 86.29%
2.52M
13F Shares Held
▲ 314,188 vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
SAR largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
TWO SIGMA ADVISERS, LP | 282.0K | 2.03% | 2.03% | $7.14B | May 15, 2025 | ▲ 136.9K |
TWO SIGMA INVESTMENTS, LP | 235.9K | 1.70% | 1.70% | $5.97B | May 15, 2025 | ▲ 107.5K |
HENNION & WALSH ASSET MANAGEMENT, INC. | 193.2K | 1.39% | 1.39% | $4.89B | Apr 10, 2025 | ▲ 48.4K |
LIDO ADVISORS, LLC | 130.1K | 93.54% | 93.54% | $3.30B | May 15, 2025 | ▲ 35.1K |
PRIVATE ADVISOR GROUP, LLC | 125.8K | 90.42% | 90.42% | $3.19B | May 5, 2025 | ▲ 3.5K |
ADVISORS ASSET MANAGEMENT, INC. | 114.5K | 82.31% | 82.31% | $2.90B | May 15, 2025 | ▲ 7.1K |
WELLS FARGO & COMPANY/MN | 100.3K | 72.07% | 72.07% | $2.54B | May 13, 2025 | ▼ 9.5K |
LEGAL & GENERAL GROUP PLC | 93.9K | 67.52% | 67.52% | $2.38B | May 15, 2025 | ▲ 2.9K |
MORGAN STANLEY | 92.7K | 66.60% | 66.60% | $2.35B | May 15, 2025 | ▼ 1.5K |
LPL FINANCIAL LLC | 88.7K | 63.73% | 63.73% | $2.25B | May 7, 2025 | ▲ 1.4K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
24
Increased
+416.5K shares5
New Positions
first time holders13
Decreased
−139.4K shares0
Sold Out
fully exitedNet shares change (top 50)
+277.0K
+416.5K / −139.4K
Net new holders
+16
5 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
SAR insider trading · insider activity
Source: SEC Form 4
0
Buy transactions
1
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Oberbeck Christian L CEO and Director | Jan 29, 2026 | Gift | 1,000 | — | — | 665.0K | Form 4 ↗ |
Oberbeck Christian L CEO and Director | Dec 19, 2025 | Gift | 1,000 | — | — | 657.3K | Form 4 ↗ |
Oberbeck Christian L CEO and Director | Dec 11, 2025 | Gift | 5,200 | — | — | 665.1K | Form 4 ↗ |
Oberbeck Christian L CEO and Director | Dec 11, 2025 | Gift | 7,800 | — | — | 657.3K | Form 4 ↗ |
Oberbeck Christian L CEO and Director | Dec 11, 2025 | Gift | 7,800 | — | — | 83.7K | Form 4 ↗ |
Oberbeck Christian L CEO and Director | Sep 23, 2025 | J-Other | 606 | — | — | 86.6K | Form 4 ↗ |
Oberbeck Christian L CEO and Director | Jul 31, 2025 | J-Other | 2,252 | — | — | 87.2K | Form 4 ↗ |
Oberbeck Christian L CEO & Director | Jul 29, 2025 | J-Other | 28,261 | — | — | 89.5K | Form 4 ↗ |
Oberbeck Christian L CEO & Director | Jul 30, 2025 | J-Other | 48 | — | — | 89.5K | Form 4 ↗ |
Steenkamp Henri J CFO, CCO, Treasurer and Sec. | Jul 29, 2025 | J-Other | 4,373 | — | — | 43.5K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Saratoga Investment Corp. (SAR) is primarily owned by institutional investors, who hold approximately 15.5% of total shares outstanding. Company insiders own approximately 13.71%, while retail and public investors account for the remaining 70.77%.
The largest institutional shareholder of Saratoga Investment Corp. is TWO SIGMA ADVISERS, LP, holding approximately 282,000 shares — equal to 2.03% of outstanding shares — as of March 31, 2025.
A total of 70 institutional investors currently hold SAR stock, with a combined institutional value of approximately $63,931,529 as of the most recent 13F filing period.
Frequently asked questions
SAR ownershipSaratoga Investment Corp. (SAR) is primarily owned by institutional investors, who hold approximately 15.5% of shares. The largest shareholder is TWO SIGMA ADVISERS, LP with a 2.03% stake. Company insiders hold 13.71%. Data sourced from SEC Form 13F as of March 31, 2025.