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 ($96.6m this quarter). Holder counts are more reliable. Shares outstanding: 26.6m as of 2024-07-24, 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 ≈ $474.20. Options: 15 managers hold calls ($107.5m notional), 15 hold puts ($186.6m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 316 |
| Q4 2022 | 326 |
| Q1 2023 | 364 |
| Q2 2023 | 389 |
| Q3 2023 | 433 |
| Q4 2023 | 446 |
| Q1 2024 | 502 |
| Q2 2024 | 463 |
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 |
| Q3 2023 | 205 | 204 |
| Q4 2023 | 215 | 215 |
| Q1 2024 | 247 | 232 |
| Q2 2024 | 238 | 259 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $137.6m | $101.2m | 0.74 |
| Q4 2023 | $100.7m | $111.9m | 1.11 |
| Q1 2024 | $92.2m | $86.8m | 0.94 |
| Q2 2024 | $107.5m | $186.6m | 1.74 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +903.4k |
| JPMORGAN CHASE & CO | Added | +785.4k |
| BlackRock Inc. | Added | +283.9k |
| WASATCH ADVISORS LP | Added | +268.1k |
| Capital Research Global Investors | Added | +202.4k |
| WELLINGTON MANAGEMENT GROUP LLP | New | +194.2k |
| BESSEMER GROUP INC | Added | +176.7k |
| SCOPUS ASSET MANAGEMENT, L.P. | New | +137.2k |
| Balyasny Asset Management L.P. | Added | +135.6k |
| AMERICAN CENTURY COMPANIES INC | Added | +124.1k |
Biggest sellers
| LORD, ABBETT & CO. LLC | Reduced | -438.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -366.6k |
| Capital International Investors | Reduced | -345.9k |
| MORGAN STANLEY | Reduced | -327.6k |
| Invesco Ltd. | Reduced | -326.4k |
| Capital World Investors | Reduced | -135.0k |
| Driehaus Capital Management LLC | Reduced | -118.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -95.9k |
| Qube Research & Technologies Ltd | Reduced | -95.3k |
| Artemis Investment Management LLP | Reduced | -65.8k |
Biggest calls
| BARCLAYS PLC | New | $33.2m70.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.8m43.8k shares |
| JANE STREET GROUP, LLC | Added | $13.6m28.6k shares |
| CITADEL ADVISORS LLC | Reduced | $10.9m23.0k shares |
| SIMPLEX TRADING, LLC | Added | $10.1m21.2k shares |
| Cubist Systematic Strategies, LLC | Added | $5.4m11.4k shares |
| NOMURA HOLDINGS INC | New | $4.6m9.7k shares |
| D. E. Shaw & Co., Inc. | Reduced | $3.6m7.6k shares |
| MILLENNIUM MANAGEMENT LLC | New | $1.3m2.7k shares |
| Walleye Capital LLC | Added | $1.3m2.7k shares |
Biggest puts
| SCOPUS ASSET MANAGEMENT, L.P. | New | $47.4m100.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $40.7m85.9k shares |
| Yaupon Capital Management LP | New | $24.2m51.0k shares |
| JANE STREET GROUP, LLC | Added | $16.9m35.6k shares |
| SIMPLEX TRADING, LLC | Added | $14.9m31.4k shares |
| CITADEL ADVISORS LLC | Reduced | $12.0m25.2k shares |
| GROUP ONE TRADING LLC | Added | $8.0m16.8k shares |
| D. E. Shaw & Co., Inc. | Reduced | $7.1m15.0k shares |
| BRANT POINT INVESTMENT MANAGEMENT LLC | New | $6.2m130 shares |
| Cubist Systematic Strategies, LLC | Added | $4.0m8.4k 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 2024
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 2022 | 0 | — | 5 | $12.8m | — |
| Q4 2022 | 0 | — | 1 | $363.6k | — |
| Q1 2023 | 0 | — | 7 | $13.6m | — |
| Q2 2023 | 0 | — | 3 | $908.3k | — |
| Q3 2023 | 0 | — | 4 | $5.5m | — |
| Q4 2023 | 0 | — | 1 | $250.5k | — |
| Q1 2024 | 0 | — | 7 | $15.0m | — |
| Q2 2024 | 1 | $203.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-02 | GAINOR JOHN P JR Director | Bought | $203.5k500 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 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 3.1m $1.5bn | Added +283.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.15% of their portfolio | 2.6m $1.2bn | Added +903.4k |
| VANGUARD GROUP INC 0.02% of their portfolio | 2.5m $1.2bn | Added +12.0k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 2.2m $1.0bn | Added +785.4k |
| Capital International Investors 0.20% of their portfolio | 2.1m $975.2m | Reduced -345.9k |
| Capital Research Global Investors 0.13% of their portfolio | 1.3m $603.2m | Added +202.4k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.01% of their portfolio | 869.9k $412.6m | Added +22.1k |
| Artisan Partners Limited Partnership 0.57% of their portfolio | 789.9k $374.7m | Reduced -12.7k |
| STATE STREET CORP 0.02% of their portfolio | 781.2k $370.5m | Reduced -4.2k |
| WASATCH ADVISORS LP 1.59% of their portfolio | 628.1k $297.9m | Added +268.1k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 2.68% of their portfolio | 612.5k $290.5m | Reduced -95.9k |
| NORGES BANK 0.04% of their portfolio | 520.0k $246.6m | Reduced -4.6k |
| BESSEMER GROUP INC 0.43% of their portfolio | 511.4k $242.6m | Added +176.7k |
| Capital World Investors 0.04% of their portfolio | 479.1k $227.2m | Reduced -135.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 465.2k $220.7m | Added +15.1k |
| FMR LLC 0.01% of their portfolio | 431.7k $204.7m | Reduced -15.5k |
| T. Rowe Price Investment Management, Inc. 0.12% of their portfolio | 416.0k $197.3m | Added +61.8k |
| Invesco Ltd. 0.04% of their portfolio | 379.1k $179.8m | Reduced -326.4k |
| LORD, ABBETT & CO. LLC 0.24% of their portfolio | 301.7k $143.1m | Reduced -438.7k |
| CONGRESS ASSET MANAGEMENT CO 0.95% of their portfolio | 279.0k $132.3m | Reduced -5.7k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.63% of their portfolio | 271.6k $128.8m | Added +12.5k |
| CITADEL ADVISORS LLC 0.12% of their portfolio | 253.8k $120.4m | Added +72.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 235.4k $111.6m | Added +31.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio | 234.5k $111.2m | Added +50.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 215.6k $102.3m | Reduced -24.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 215.4k $102.1m | Added +150 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 214.8k $101.9m | Added +7.3k |
| JANUS HENDERSON GROUP PLC 0.05% of their portfolio | 197.3k $93.6m | Reduced -21.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 194.9k $92.4m | Added +105.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 194.2k $92.1m | New |
| MORGAN STANLEY 0.01% of their portfolio | 191.7k $90.9m | Reduced -327.6k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 188.9k $89.6m | Added +24.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 185.9k $88.2m | Added +22.1k |
| Balyasny Asset Management L.P. 0.22% of their portfolio | 179.1k $85.0m | Added +135.6k |
| NATIXIS ADVISORS, LLC 0.18% of their portfolio | 175.6k $83.3m | Reduced -41.1k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 174.9k $83.0m | Reduced -1.6k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 173.5k $82.3m | Reduced -25.2k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 171.3k $81.2m | Reduced -1.3k |
| Artemis Investment Management LLP 1.09% of their portfolio | 170.9k $81.1m | Reduced -65.8k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 159.9k $75.8m | Added +124.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 158.2k $75.0m | Added +14.7k |
| Allspring Global Investments Holdings, LLC 0.12% of their portfolio | 152.2k $72.2m | Added +16.0k |
| Durable Capital Partners LP 0.57% of their portfolio | 145.4k $69.0m | Added +7.8k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 141.6k $67.1m | Added +29.6k |
| SCOPUS ASSET MANAGEMENT, L.P. 2.04% of their portfolio | 137.2k $65.1m | New |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.16% of their portfolio | 129.6k $61.5m | Reduced -21.8k |
| SEI INVESTMENTS CO 0.08% of their portfolio | 118.6k $56.3m | Added +15.9k |
| TimesSquare Capital Management, LLC 0.84% of their portfolio | 113.2k $53.7m | Added +33.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 103.7k $49.2m | Added +10.5k |
| Driehaus Capital Management LLC 0.47% of their portfolio | 102.8k $48.8m | Reduced -118.6k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 98.3k $46.6m | Added +4.5k |
| FIL Ltd 0.04% of their portfolio | 90.7k $43.0m | Added +89.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 90.2k $42.8m | Reduced -55.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 88.7k $42.1m | Reduced -11.3k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 79.3k $37.6m | Added +31.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 78.6k $37.3m | Added +2.9k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 75.4k $35.8m | Added +1.5k |
| Thrivent Financial for Lutherans 0.07% of their portfolio | 73.9k $35.1m | Reduced -2.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 73.5k $34.9m | Added +31.1k |
| PALISADE CAPITAL MANAGEMENT, LP 0.91% of their portfolio | 70.6k $33.5m | Reduced -12.7k |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 70.6k $33.5m | Added +9.1k |
| CIBC Private Wealth Group LLC 0.06% of their portfolio | 68.5k $31.5m | Added +29.0k |
| Alyeska Investment Group, L.P. 0.18% of their portfolio | 67.0k $31.8m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 66.1k $30.3m | Reduced -8.5k |
| Natixis Investment Managers International 2.29% of their portfolio | 64.8k $30.7m | Reduced -26.9k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 64.6k $30.6m | Reduced -12.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.12% of their portfolio | 63.0k $29.9m | Added +58.4k |
| Legal & General Group Plc 0.01% of their portfolio | 60.7k $28.8m | Reduced -12.2k |
| Cartenna Capital, LP 2.13% of their portfolio | 57.5k $27.3m | Added +18.3k |
| COMERICA BANK 0.11% of their portfolio | 55.3k $26.3m | Added +12.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 54.0k $25.6m | Reduced -2.3k |
| ZWJ INVESTMENT COUNSEL INC 1.11% of their portfolio | 53.1k $25.2m | Added +15.5k |
| Swiss National Bank 0.02% of their portfolio | 52.3k $24.8m | Reduced -100 |
| NEXT CENTURY GROWTH INVESTORS LLC 1.90% of their portfolio | 48.3k $22.9m | Added +6.1k |
| CAPITAL FUND MANAGEMENT S.A. 0.25% of their portfolio | 47.3k $22.4m | Added +20.2k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 44.6k $21.2m | Added +1.7k |
| Schonfeld Strategic Advisors LLC 0.16% of their portfolio | 42.2k $20.0m | Added +14.6k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 40.5k $19.2m | Reduced -6.9k |
| Retirement Systems of Alabama 0.07% of their portfolio | 40.3k $19.1m | Reduced -2.7k |
| Woodline Partners LP 0.18% of their portfolio | 40.2k $19.1m | Added +24.3k |
| Capital International, Inc./CA/ 0.24% of their portfolio | 37.9k $18.0m | Reduced -12.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 37.9k $18.0m | Reduced -11.5k |
| GW&K Investment Management, LLC 0.16% of their portfolio | 37.8k $17.9m | Added +5.0k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 37.4k $17.7m | Added +12.6k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 36.8k $17.4m | Reduced -711 |
| Candlestick Capital Management LP 0.64% of their portfolio | 35.0k $16.6m | New |
| Corebridge Financial, Inc. 0.09% of their portfolio | 33.8k $16.0m | First filing |
| CW Advisors, LLC 0.25% of their portfolio | 33.0k $15.6m | Added +62 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 32.1k $15.2m | Added +5.5k |
| Ranger Investment Management, L.P. 0.99% of their portfolio | 30.6k $14.5m | Reduced -30.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 30.5k $14.5m | Added +28.2k |
| Capital Group Private Client Services, Inc. 0.14% of their portfolio | 29.7k $14.1m | Reduced -606 |
| HANTZ FINANCIAL SERVICES, INC. 0.25% of their portfolio | 27.9k $13.2m | Reduced -4.1k |
| F/m Investments LLC 0.48% of their portfolio | 27.7k $13.2m | New |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 27.7k $13.1m | Added +5.6k |
| Walleye Capital LLC 0.13% of their portfolio | 26.5k $12.6m | Added +24.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 26.1k $12.4m | Added +18.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 26.0k $12.3m | Reduced -666 |
| BRANT POINT INVESTMENT MANAGEMENT LLC 2.69% of their portfolio | 24.2k $11.5m | Reduced -4.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 24.1k $11.4m | Reduced -100 |