SARNYSEFiscal year ends February 28Also trades as SAJ, SAV, SAX, SAY, SAZ
SARATOGA INVESTMENT CORP.
Financials through Q2 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 6, 2026
$14.90−0.42 (-2.74%)
Close on Oct 19, 2026
- Market cap
- $240.71M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
2M
Shares held, 13F filers
Institutional holders
59
5 new, 8 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SAR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Lido Advisors, LLC | 181,518 | – | $4.05M | −17,620 | 0.01% |
| Private Advisor Group, LLC | 146,681 | – | $3.27M | −18,458 | 0.01% |
| Legal & General Group Plc | 141,229 | – | $3.16M | +18,288 | 0.00% |
| Hennion & Walsh Asset Management, Inc. | 127,040 | – | $2.83M | −10,635 | 0.08% |
| Advisors Asset Management, Inc. | 121,635 | – | $2.71M | +15,010 | 0.04% |
| International Assets Investment Management, LLC | 116,012 | – | $2.61M | +33,605 | 0.16% |
| LPL Financial LLC | 111,909 | – | $2.50M | −2,086 | 0.00% |
| Wells Fargo & Company/Mn | 85,079 | – | $1.90M | −188 | 0.00% |
| Ethos Financial Group, LLC | 56,533 | – | $1.26M | +3,687 | 0.08% |
| Janney Montgomery Scott LLC | 56,157 | – | $1.25K | +45,901 | 0.00% |
| BlackRock, Inc. | 53,261 | – | $1.19M | −1,335 | 0.00% |
| Citadel Advisors LLC | 50,507 | – | $1.13M | +27,204 | 0.00% |
| Raymond James Financial Inc | 49,143 | – | $1.10M | +689 | 0.00% |
| Wealthcare Advisory Partners LLC | 49,141 | – | $1.10M | −1,432 | 0.02% |
| Palogic Value Management, L.P. | 46,680 | – | $1.04M | – | 0.34% |
| Cambridge Investment Research Advisors, Inc. | 46,398 | – | $1.04K | +22,422 | 0.00% |
| Next Level Private LLC | 43,527 | – | $971.09K | – | 0.19% |
| Morgan Stanley | 41,713 | – | $930.62K | +13,427 | 0.00% |
| Jb Capital Partners LP | 33,847 | – | $737.19K | – | 0.11% |
| Focus Partners Wealth | 31,441 | – | $701.45K | +3,732 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 59 | 2M | 5 / 22 | 20 / 8 | 0M | 0M |
| Q1 2026 | 63 | 2M | 8 / 26 | 9 / 15 | 0M | 0M |
| Q4 2025 | 71 | 2M | 11 / 21 | 22 / 10 | 0M | 0M |
| Q3 2025 | 71 | 2M | 13 / 26 | 15 / 6 | 0M | 0M |
| Q2 2025 | 65 | 2M | 9 / 25 | 16 / 11 | 0M | 0M |
| Q1 2025 | 67 | 3M | 8 / 27 | 12 / 8 | 1M | 0M |
| Q4 2024 | 67 | 2M | 16 / 14 | 17 / 5 | 0M | 0M |
| Q3 2024 | 57 | 2M | 7 / 16 | 18 / 7 | 0M | 0M |
| Q2 2024 | 58 | 2M | 6 / 20 | 16 / 9 | 0M | 0M |
| Q1 2024 | 61 | 2M | 10 / 19 | 19 / 16 | 0M | 1M |
| Q4 2023 | 70 | 3M | 12 / 29 | 16 / 5 | 1M | 0M |
| Q3 2023 | 64 | 2M | 11 / 29 | 9 / 13 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SAR | Value | % of fund | As of |
|---|---|---|---|---|---|
| Virtus Private Credit Strategy ETF | 20,757 | – | $396.46K | 1.31% | Jul 31, 2026 |
| WHITEWOLF Publicly Listed Private Equity ETF | 385 | – | $7.35K | 0.10% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Christian L. Oberbeck | CEO and Director | 940,870 | Sep 10, 2026 |
| Henri J. Steenkamp | CFO, CCO, Treasurer and Sec., Director | 43,527 | Jul 30, 2025 |
| Scott E. Zoellner | Director | – | Aug 5, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Christian L. Oberbeck CEO and Director | Sep 9, 2026 | Other | −290 | – | – | 18,477 |
| Christian L. Oberbeck CEO and Director | Aug 18, 2026 | Other | −280 | – | – | 18,767 |
| Christian L. Oberbeck CEO and Director | Jul 22, 2026 | Other | −2,560 | – | – | 19,047 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jan 29, 2026 | Gift | −1,000 | – | – | 664,983 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 19, 2025 | Gift | −1,000 | – | – | 657,285 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 11, 2025 | Gift | +7,800 | – | – | 83,742 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 11, 2025 | Gift | −7,800 | – | – | 657,285 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 11, 2025 | Gift | −5,200 | – | – | 665,085 |
| Christian L. Oberbeck CEO and Director, 10% owner | Sep 23, 2025 | Other | −606 | – | – | 86,607 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jul 31, 2025 | Other | −2,252 | – | – | 87,213 |
| Christian L. Oberbeck CEO & Director, 10% owner | Jul 30, 2025 | Other | −48 | – | – | 89,465 |
| Christian L. Oberbeck CEO & Director, 10% owner | Jul 29, 2025 | Other | −28,261 | – | – | 89,513 |
| Henri J. Steenkamp CFO, CCO, Treasurer and Sec., Director | Jul 29, 2025 | Other | +4,373 | – | – | 43,527 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 2, 2024 | Gift | +7,680 | – | – | 64,302 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 2, 2024 | Gift | −7,680 | – | – | 633,217 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 2, 2024 | Gift | −5,120 | – | – | 640,897 |
| Christian L. Oberbeck CEO and Director, 10% owner | Nov 5, 2024 | Other | −430 | – | – | 646,017 |
| Christian L. Oberbeck CEO and Director, 10% owner | Oct 7, 2024 | Other | −248 | – | – | 646 |
| Christian L. Oberbeck CEO and Director, 10% owner | Aug 13, 2024 | Other | −635 | – | – | 642,190 |
| Henri J. Steenkamp CFO, CCO, Treasurer and Sec., Director | Aug 12, 2024 | Other | +5,514 | – | – | 39,154 |
| Christian L. Oberbeck CEO and Director, 10% owner | Aug 12, 2024 | Other | −27,256 | – | – | 642,825 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 13, 2023 | Gift | +6,708 | – | – | 48,763 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 13, 2023 | Gift | −6,708 | – | – | 655,161 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 13, 2023 | Gift | −4,472 | – | – | 661,869 |
| Christian L. Oberbeck CEO, President and Director, 10% owner | Aug 16, 2023 | Other | −26,495 | – | – | 666,341 |
| Christian L. Oberbeck CEO, Director and President, 10% owner | May 4, 2023 | Buy | +2,000 | $23.81 | $47.62K | 689,775 |
| Christian L. Oberbeck CEO and Director, 10% owner | Mar 21, 2023 | Other | −100 | – | – | 684,628 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 6, 2022 | Gift | −379 | – | – | 681,853 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 5, 2022 | Gift | −6,312 | – | – | 682,232 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 5, 2022 | Gift | +6,312 | – | – | 38,653 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 5, 2022 | Gift | −4,208 | – | – | 688,544 |
| Christian L. Oberbeck CEO and Director, 10% owner | Oct 7, 2022 | Other | −256 | – | – | 692,752 |
| Christian L. Oberbeck CEO and Director, 10% owner | Sep 27, 2022 | Other | −4,002 | – | – | 690,552 |
| Christian L. Oberbeck CEO and Director, 10% owner | Aug 15, 2022 | Other | −13,543 | – | – | 694,554 |
| Henri J. Steenkamp CFO, CCO, Treasurer and Sec., Director | Aug 15, 2022 | Other | +3,638 | – | – | 27,020 |
| Steven M. Looney Director | Aug 2, 2022 | Buy | +1,250 | $23.54 | $29.43K | 3,758 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 9, 2021 | Gift | −5,916 | – | – | 701,969 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 9, 2021 | Gift | +5,916 | – | – | 29,633 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 9, 2021 | Gift | −3,944 | – | – | 707,885 |
| Christian L. Oberbeck CEO and Director, 10% owner | Oct 14, 2021 | Other | −346 | – | – | 711,829 |
| Christian L. Oberbeck CEO and Director, 10% owner | Aug 24, 2021 | Other | −199 | – | – | 710,384 |
| Henri J. Steenkamp CFO, CCO, Treasurer and Sec., Director | Jun 10, 2021 | Other | +3,857 | – | – | 21,950 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jun 10, 2021 | Other | −12,879 | – | – | 708,990 |
| Christian L. Oberbeck CEO and Director, 10% owner | May 10, 2021 | Other | −998 | – | – | 721,869 |
| Christian L. Oberbeck CEO and Director, 10% owner | Mar 30, 2021 | Other | −1,103 | – | – | 721,254 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 24, 2020 | Gift | +2,958 | – | – | 22,455 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 24, 2020 | Gift | −2,958 | – | – | 722,357 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 24, 2020 | Gift | −3,944 | – | – | 723,629 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 24, 2020 | Gift | −2,958 | – | – | 723,629 |
| Christian L. Oberbeck CEO and Director, 10% owner | Dec 24, 2020 | Gift | +2,958 | – | – | 2,958 |
| Christian L. Oberbeck CEO and Director, 10% owner | Oct 7, 2020 | Other | −165 | – | – | 728,548 |
| Christian L. Oberbeck CEO and Director, 10% owner | Aug 11, 2020 | Buy | +2,000 | $17.67 | $35.34K | 727,450 |
| Christian L. Oberbeck CEO and Director, 10% owner | Aug 10, 2020 | Buy | +5,000 | $17.51 | $87.55K | 725,450 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jul 24, 2020 | Buy | +1,000 | $16.89 | $16.89K | 720,450 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jul 23, 2020 | Buy | +3,000 | $17.50 | $52.50K | 719,450 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jul 22, 2020 | Buy | +2,000 | $17.53 | $35.06K | 716,450 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jul 13, 2020 | Buy | +500 | $16.00 | $8.00K | 714,450 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jul 10, 2020 | Buy | +500 | $15.98 | $7.99K | 713,950 |
| Henri J. Steenkamp CFO, CCO, Treasurer and Sec. | Jul 2, 2020 | Other | +3,587 | – | – | 16,635 |
| Christian L. Oberbeck CEO and Director, 10% owner | Jul 2, 2020 | Other | −35,985 | – | – | 713,450 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.