SAIA INC SAIA
COM · Common Stock · CUSIP 78709Y105 · ISIN US78709Y1055
American Trucking Company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($40.3m this quarter). Holder counts are more reliable. Shares outstanding: 26.5m as of 2023-07-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $342.38. Options: 13 managers hold calls ($77.9m notional), 14 hold puts ($78.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 316 |
| Q4 2022 | 326 |
| Q1 2023 | 364 |
| Q2 2023 | 389 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 160 | 150 |
| Q1 2023 | 198 | 147 |
| Q2 2023 | 179 | 201 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $37.0m | $35.0m | 0.95 |
| Q4 2022 | $25.5m | $30.6m | 1.20 |
| Q1 2023 | $37.7m | $25.7m | 0.68 |
| Q2 2023 | $77.9m | $78.8m | 1.01 |
Biggest buyers
| Balyasny Asset Management L.P. | New | +314.7k |
| Holocene Advisors, LP | New | +190.7k |
| Invesco Ltd. | Added | +145.1k |
| Capital International Investors | Added | +136.5k |
| JANE STREET GROUP, LLC | Added | +131.7k |
| SCOPUS ASSET MANAGEMENT, L.P. | New | +127.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +109.7k |
| HRT FINANCIAL LP | New | +106.7k |
| BANK OF AMERICA CORP /DE/ | Added | +94.8k |
| CITADEL ADVISORS LLC | Added | +94.6k |
Biggest sellers
| BlackRock Inc. | Reduced | -712.3k |
| FMR LLC | Reduced | -444.5k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -285.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -216.3k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -192.9k |
| NORTHERN TRUST CORP | Reduced | -177.8k |
| STATE STREET CORP | Reduced | -146.9k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -134.1k |
| Clark Capital Management Group, Inc. | Sold out | -119.6k |
| VANGUARD GROUP INC | Reduced | -115.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $26.6m77.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.7m42.9k shares |
| D. E. Shaw & Co., Inc. | Added | $12.3m35.9k shares |
| JANE STREET GROUP, LLC | Added | $12.0m35.0k shares |
| WOLVERINE TRADING, LLC | Added | $4.8m13.7k shares |
| SIMPLEX TRADING, LLC | Added | $2.9m8.6k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $1.5m4.5k shares |
| Walleye Capital LLC | Added | $1.5m4.5k shares |
| Walleye Trading LLC | Reduced | $890.3k2.6k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $308.2k900 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $28.7m83.9k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $17.1m50.0k shares |
| CITADEL ADVISORS LLC | Added | $11.0m32.2k shares |
| Weiss Multi-Strategy Advisers LLC | New | $8.6m25.0k shares |
| PEAK6 Investments LLC | New | $5.2m15.1k shares |
| JANE STREET GROUP, LLC | Added | $3.4m10.0k shares |
| WOLVERINE TRADING, LLC | Added | $1.7m4.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.4m4.0k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $616.3k1.8k shares |
| Walleye Capital LLC | New | $513.6k1.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 9.1% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +2.1 pts · filed 2026-05-15 | 8.7% |
| ALLIANCEBERNSTEIN L.P. 13G · institution +2.2 pts · filed 2025-11-14 | 8.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), VIKING GLOBAL INVESTORS LP (4.1%, 2026-02-17), Capital International Investors (4.3%, 2026-02-13)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $1.8m | — |
| Q1 2022 | 0 | — | 4 | $7.7m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 5 | $12.8m | — |
| Q4 2022 | 0 | — | 1 | $363.6k | — |
| Q1 2023 | 0 | — | 7 | $13.6m | — |
| Q2 2023 | 0 | — | 3 | $908.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-24 | Ward Susan F Director | Sold | $106.1k396 shares |
| 2023-05-09 | EPPS DONNA E Director | Sold | $67.4k240 shares |
| 2023-05-05 | ODELL RICHARD D Director | Sold | $734.8k2.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 0.15% of their portfolio | 3.0m $1.0bn | Reduced -4.1k |
| Capital International Investors 0.24% of their portfolio | 2.9m $980.5m | Added +136.5k |
| BlackRock Inc. 0.02% of their portfolio | 2.5m $850.9m | Reduced -712.3k |
| VANGUARD GROUP INC 0.02% of their portfolio | 2.5m $849.1m | Reduced -115.5k |
| Capital World Investors 0.07% of their portfolio | 1.1m $378.7m | Added +41.8k |
| WASATCH ADVISORS LP 1.61% of their portfolio | 778.4k $266.5m | Reduced -79.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.73% of their portfolio | 761.4k $260.7m | Added +39.1k |
| STATE STREET CORP 0.01% of their portfolio | 742.8k $254.3m | Reduced -146.9k |
| Invesco Ltd. 0.06% of their portfolio | 641.9k $219.8m | Added +145.1k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 547.2k $187.4m | Reduced -285.0k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 1.10% of their portfolio | 506.7k $173.5m | Added +5.1k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 480.9k $164.7m | Reduced -47.5k |
| Artisan Partners Limited Partnership 0.26% of their portfolio | 477.1k $163.4m | Added +72.9k |
| T. Rowe Price Investment Management, Inc. 0.10% of their portfolio | 438.6k $150.2m | Reduced -20.3k |
| LORD, ABBETT & CO. LLC 0.26% of their portfolio | 434.0k $148.6m | Reduced -69.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 410.4k $140.5m | Reduced -107.0k |
| Capital Research Global Investors 0.04% of their portfolio | 407.1k $139.4m | Reduced -13.9k |
| BESSEMER GROUP INC 0.29% of their portfolio | 393.9k $134.9m | Added +3.9k |
| FMR LLC 0.01% of their portfolio | 385.7k $132.1m | Reduced -444.5k |
| CONGRESS ASSET MANAGEMENT CO 1.08% of their portfolio | 364.3k $124.8m | Reduced -64.4k |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 355.4k $121.7m | Reduced -32.9k |
| MORGAN STANLEY 0.01% of their portfolio | 350.6k $120.1m | Added +34.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.23% of their portfolio | 323.5k $110.8m | Reduced -134.1k |
| Balyasny Asset Management L.P. 0.30% of their portfolio | 314.7k $107.8m | New |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 309.3k $105.9m | Reduced -105.5k |
| Artemis Investment Management LLP 1.33% of their portfolio | 304.5k $104.2m | Added +54.3k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 273.9k $93.8m | Added +94.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 273.0k $93.5m | Reduced -58.6k |
| Palestra Capital Management LLC 4.32% of their portfolio | 255.7k $87.5m | Added +16.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 255.5k $87.5m | Reduced -52.9k |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 252.3k $86.4m | Reduced -21.5k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 246.1k $84.3m | Reduced -27.1k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 240.9k $82.5m | Reduced -216.3k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 228.8k $78.4m | Added +109.7k |
| NORGES BANK 0.01% of their portfolio | 221.5k $75.8m | Added +9.1k |
| MACQUARIE GROUP LTD 0.09% of their portfolio | 220.7k $75.6m | Reduced -46.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 207.8k $71.1m | Reduced -177.8k |
| JANE STREET GROUP, LLC 0.09% of their portfolio | 196.6k $67.3m | Added +131.7k |
| Holocene Advisors, LP 0.29% of their portfolio | 190.7k $65.3m | New |
| Driehaus Capital Management LLC 0.81% of their portfolio | 187.8k $64.3m | Added +7.0k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 177.8k $60.9m | Reduced -33.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 171.3k $58.7m | Added +94.8k |
| PALISADE CAPITAL MANAGEMENT, LP 1.39% of their portfolio | 152.3k $52.2m | Added +7.2k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 137.1k $47.0m | Reduced -2.8k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.53% of their portfolio | 127.5k $43.7m | New |
| SEI INVESTMENTS CO 0.08% of their portfolio | 125.6k $43.0m | Reduced -10.5k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 123.0k $42.1m | Reduced -115.5k |
| NATIXIS ADVISORS, LLC 0.11% of their portfolio | 107.7k $36.9m | Reduced -30.8k |
| HRT FINANCIAL LP 0.35% of their portfolio | 106.7k $36.5m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 104.7k $35.9m | Reduced -7.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 102.7k $35.2m | Reduced -192.9k |
| Ranger Investment Management, L.P. 2.07% of their portfolio | 100.4k $34.4m | Added +3.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 100.0k $34.2m | Reduced -46.1k |
| TimesSquare Capital Management, LLC 0.47% of their portfolio | 95.9k $32.8m | Reduced -19.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 92.6k $31.7m | Reduced -39.2k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 91.8k $31.4m | Added +1.7k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.10% of their portfolio | 91.2k $31.2m | Added +24.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 88.8k $30.4m | Added +15.6k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 87.0k $29.8m | New |
| Thrivent Financial for Lutherans 0.07% of their portfolio | 86.7k $29.7m | Reduced -491 |
| Schonfeld Strategic Advisors LLC 0.25% of their portfolio | 83.3k $28.5m | Added +83.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 80.7k $27.6m | Reduced -101.5k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 79.9k $27.4m | Reduced -7.7k |
| Shellback Capital, LP 2.12% of their portfolio | 70.1k $24.0m | Added +37.6k |
| Capital International, Inc./CA/ 0.42% of their portfolio | 67.8k $23.2m | Reduced -797 |
| GW&K Investment Management, LLC 0.20% of their portfolio | 62.6k $21.4m | Reduced -1.1k |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. 1.03% of their portfolio | 60.6k $20.8m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 59.7k $20.4m | Reduced -8.0k |
| Legal & General Group Plc 0.01% of their portfolio | 59.6k $20.4m | Added +8.6k |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 59.3k $20.3m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 58.0k $19.8m | Added +46.4k |
| Swiss National Bank 0.01% of their portfolio | 57.8k $19.8m | Added +700 |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 57.4k $19.6m | Reduced -107.5k |
| Interval Partners, LP 0.94% of their portfolio | 54.6k $18.7m | Added +44.6k |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 53.0k $18.2m | Reduced -11.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio | 52.9k $18.1m | Unchanged |
| TUDOR INVESTMENT CORP ET AL 0.29% of their portfolio | 51.3k $17.6m | Added +10.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 48.7k $16.7m | Reduced -2.6k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 45.7k $15.6m | Added +6.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 45.5k $15.6m | Added +6.0k |
| MOORE CAPITAL MANAGEMENT, LP 0.37% of their portfolio | 45.0k $15.4m | New |
| Natixis Investment Managers International 1.14% of their portfolio | 44.9k $15.4m | Reduced -15.7k |
| ExodusPoint Capital Management, LP 0.17% of their portfolio | 43.6k $14.9m | Added +42.7k |
| HANTZ FINANCIAL SERVICES, INC. 0.36% of their portfolio | 42.5k $14.6m | Reduced -6.3k |
| NEXT CENTURY GROWTH INVESTORS LLC 1.37% of their portfolio | 41.6k $14.2m | Added +2.5k |
| PUTNAM INVESTMENTS LLC 0.02% of their portfolio | 41.6k $14.2m | Added +4.1k |
| Ergoteles LLC 0.67% of their portfolio | 41.1k $14.1m | Added +34.9k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.08% of their portfolio | 40.0k $13.7m | Reduced -13.3k |
| BRANT POINT INVESTMENT MANAGEMENT LLC 3.05% of their portfolio | 39.0k $13.3m | Added +4.1k |
| CW Advisors, LLC 0.31% of their portfolio | 38.7k $13.3m | Reduced -7.3k |
| B. Metzler seel. Sohn & Co. AG 0.18% of their portfolio | 38.5k $13.2m | Added +19.3k |
| SEGALL BRYANT & HAMILL, LLC 0.14% of their portfolio | 38.3k $13.1m | Added +187 |
| Retirement Systems of Alabama 0.06% of their portfolio | 36.8k $12.6m | Added +2.2k |
| Ziegler Capital Management, LLC 0.48% of their portfolio | 36.7k $12.6m | Reduced -12.8k |
| ZWJ INVESTMENT COUNSEL INC 0.63% of their portfolio | 35.4k $12.1m | Added +469 |
| Lisanti Capital Growth, LLC 1.60% of their portfolio | 33.8k $11.6m | Added +11.0k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 33.6k $11.5m | Added +95 |
| BARCLAYS PLC 0.01% of their portfolio | 33.5k $11.5m | Added +1.8k |
| Squarepoint Ops LLC 0.06% of their portfolio | 33.4k $11.4m | New |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 32.7k $11.2m | Added +1.7k |