Saga Communications
SGA on Nasdaq. Market value $53m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
None of the long-term investors we follow own it. 28 funds in all.
Largest holders overall
- Towerview$11m
- Gate City Capital Management$8m
- Dimensional Fund Advisors LP$3mCut
- Peapod Lane Capital$2m
- Vanguard Capital Management$2m
- BlackRock$1mAdded
- Renaissance Technologies$960,676
- Bridgeway Capital Management$652,686
- Geode Capital Management$586,116Cut
- Mork Capital Management$453,500
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
4 investors own more than 5%; 1 of them is pushing for change.
- Judith A. ChristianPassive investorat least 13.9%+0.1 pts(filed with 3 related holders)Since 31 March 2026
- at least 13.8%0.0 pts(filed with 1 related holder)Since 26 March 2025
What they said
This Amendment No. 3 amends the Schedule 13D initially filed on January 8, 2025 and subsequently amended on March 5, 2025 and March 14, 2025. On March 26, 2025, Gate City Capital Management ("Gate City") sent the letter attached as Exhibit D (the "Withdrawal Letter") to Saga…
Read the filing - Stanley KesselmanPassive investor6.2%Since 31 December 2025
- Hoak Public Equities, LPPassive investorat least 3.8%(filed with 4 related holders)Since 20 December 2024
| Holder | Stake | Since | |
|---|---|---|---|
Judith A. Christian Passive investor | at least 13.9%+0.1 pts (filed with 3 related holders) | 31 March 2026 | |
at least 13.8%0.0 pts (filed with 1 related holder) | 26 March 2025 | What they saidThis Amendment No. 3 amends the Schedule 13D initially filed on January 8, 2025 and subsequently amended on March 5, 2025 and March 14, 2025. On March 26, 2025, Gate City Capital Management ("Gate City") sent the letter attached as Exhibit D (the "Withdrawal Letter") to Saga… Read the filing | |
Stanley Kesselman Passive investor | 6.2% | 31 December 2025 | |
Hoak Public Equities, LP Passive investor | at least 3.8% (filed with 4 related holders) | 20 December 2024 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought or sold on the open market in the last 12 months.
From Form 4 filings: insiders must report trades in their own company's shares within two days.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.