Saratoga Investment Corp. (SAR)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Two Sigma Investments, Lp	235,867	$5,974,511	0.01%
2.	Hennion & Walsh Asset Management, Inc.	193,168	$4,892,945	0.22%
3.	Lido Advisors, Llc	130,128	$3,296,142	0.01%
4.	Private Advisor Group, Llc	125,792	$3,186,324	0.02%
5.	Advisors Asset Management, Inc.	114,511	$2,900,564	0.05%