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 Sep 30, 2025
Ownership Breakdown
76
Institutional Holders
▲ 7 vs Q2
$55.07M
Total Inst. Value
▼ $3.06M vs Q2
16.27M
Shares Outstanding
freeFloat 86.29%
2.26M
13F Shares Held
▼ 84,566 vs Q2
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
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
LIDO ADVISORS, LLC | 197.9K | 1.25% | 1.25% | $4.83B | Nov 14, 2025 | ▲ 11.6K |
HENNION & WALSH ASSET MANAGEMENT, INC. | 180.1K | 1.14% | 1.14% | $4.39B | Oct 22, 2025 | ▼ 28.5K |
PRIVATE ADVISOR GROUP, LLC | 158.3K | 1.00% | 1.00% | $3.86B | Nov 13, 2025 | ▲ 7.0K |
ADVISORS ASSET MANAGEMENT, INC. | 115.6K | 73.30% | 73.30% | $2.82B | Nov 6, 2025 | ▲ 10.4K |
TWO SIGMA INVESTMENTS, LP | 115.0K | 72.92% | 72.92% | $2.81B | Nov 14, 2025 | ▼ 60.8K |
LPL FINANCIAL LLC | 108.7K | 68.92% | 68.92% | $2.65B | Nov 12, 2025 | ▲ 12.0K |
TWO SIGMA ADVISERS, LP | 100.6K | 63.80% | 63.80% | $2.45B | Nov 14, 2025 | ▼ 131.2K |
BLACKROCK, INC. | 98.9K | 62.67% | 62.67% | $2.41B | Nov 12, 2025 | ▲ 29.3K |
LEGAL & GENERAL GROUP PLC | 93.5K | 59.29% | 59.29% | $2.28B | Nov 13, 2025 | ▼ 1.4K |
WELLS FARGO & COMPANY/MN | 84.1K | 53.31% | 53.31% | $2.05B | Nov 13, 2025 | ▼ 16.8K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
26
Increased
+185.3K shares4
New Positions
first time holders13
Decreased
−256.8K shares0
Sold Out
fully exitedNet shares change (top 50)
71.4K
+185.3K / −256.8K
Net new holders
+17
4 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 13.9% of total shares outstanding. Company insiders own approximately 13.71%, while retail and public investors account for the remaining 72.41%.
The largest institutional shareholder of Saratoga Investment Corp. is LIDO ADVISORS, LLC, holding approximately 197,873 shares — equal to 1.25% of outstanding shares — as of September 30, 2025.
A total of 76 institutional investors currently hold SAR stock, with a combined institutional value of approximately $55,074,726 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 13.9% of shares. The largest shareholder is LIDO ADVISORS, LLC with a 1.25% stake. Company insiders hold 13.71%. Data sourced from SEC Form 13F as of September 30, 2025.