Saratoga Investment Corp 6.00% (SAT) Institutional Ownership

Based on Q4 2025 13F filings, institutional ownership of Saratoga Investment Corp 6.00% stands at 6.2%, held across 2 reporting institutions.

Karpus Management, Inc. is the largest reported institutional holder of SAT, with approximately 1,014,297 shares worth $0.03B as of Q4 2025.

No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of SAT.

Our composite Smart Money Score for SAT is 62 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

1 institutions opened new positions in SAT during Q4 2025, while 0 fully exited. 1 added to existing positions and 0 trimmed.

SAT institutional ownership rose by 6.20 percentage points quarter-over-quarter, with a net change of +1 holders.

The top 10 institutions account for 100.0% of all reported 13F value in SAT, and the top 25 account for 100.0%.

All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.