Saratoga Investment Corp. (SAR)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Hennion & Walsh Asset Management, Inc.	193,168	$4,892,945	0.22%
2.	International Assets Investment Management, Llc	54,886	$1,390,250	0.12%
3.	Next Level Private Llc	39,154	$991,771	0.37%
4.	Wealthcare Advisory Partners Llc	32,886	$833,000	0.02%
5.	Sunbelt Securities, Inc.	6,932	$175,588	0.02%