What smart money is saying about Saia
3 funds in our archive have pitched Saia, most recently Polen Global Smid Company Growth in June 2025.
Saia, Inc., through its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 400 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. As of December 31, 2021, it operated 176 owned and leased facilities; and owned approximately 5,600 tractors and 19,300 trailers. The company was formerly known as SCS Transportation, Inc. and changed its name to Saia, Inc. in July 2006. Saia, Inc. was founded in 1924 and is headquartered in Johns Creek, Georgia.
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Position history
Between Q1 2025 and Q3 2026, 5 fund letters reported a position in Saia, with 2 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 0 |
| Q2 2026 | 2 | 0 | 1 | 0 |
| Q3 2025 | 1 | 0 | 1 | 0 |
| Q2 2025 | 1 | 0 | 0 | 1 |
| Q1 2025 | 0 | 0 | 0 | 2 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 5 positions · 3 moves
- September 2026
“The outsized move in diesel prices during the quarter contributed to weaker returns in Southwest Airlines and SAIA Inc. – two of the portfolio’s holdings in the Industrials sector.”
Saia - June 2026
“Nike was eliminated after a management change Quarter Year to Date 1 Year 3 Years 5 Years Since Inception* Tributary Capital Management (Gross of Fees) 10.6% 5.6% - - - 5.6% Tributary Capital Management (Net of Fees) 10.4% 5.2% - - - 5.2% S&P 500 Index 15.2% 10.2% - - - 10.2% PORTFOLIO MANAGERS: MARC SCOTT & BART WYRICK SECOND QUARTER 2026 *Inception: 12/31/2025 and its earnings report suggested that the pace of its recovery was likely to be slower than expected. SAIA was eliminated after the stock significantly outperformed in response to PMI data and signs of an industry turnaround.”
Saia - June 2026
“Royal Bank of Canada was eliminated due to its valuation relative to peers after a period of outperformance. Saia was eliminated after the stock significantly outperformed in response to PMI data and signs of an industry turnaround.”
Saia - September 2025
“Saia Inc. operates as a transportation company providing less-than-truckload services. Management did well to optimize variable costs and network efficiency to drive a beat over second quarter estimates, which led to a 17% return. Overall shipment trends continue to reflect a cautious approach by customers and that caused us to exit the position.”
Saia - June 2025
“Saia, Inc. (SAIA) also detracted.”
Saia
Also mentioned · 1
These funds discuss Saia as a competitor, benchmark or comparable, without disclosing a position in it.
- MentionedCambiar Smid Cap fundMarch 2026
“Never short on catchy abbreviations, Wall Street’s newest term that is gaining traction is HALO – high asset, low obsolescence companies. It is one thing to use agentic AI to write code, handle call center service functions, or optimize digital workflows. Yet AI cannot be a substitute for necessary hydrocarbons provided by HF Sinclair, replace key assets such as Saia’s logistics networks, or provide teeth-straightening technology (e.g., Align Technology).”
Saia
Fund coverage · 3 theses
- Polen Global Smid Company GrowthJune 2025
Saia is a leading U.S. trucking company positioned for growth in the consolidating less-than-truckload segment, with attractive earnings potential and a favorable valuation.
Read the full thesis - Polen Global Smid Company GrowthMarch 2025
Saia is a leading U.S. trucking company that aims to consolidate in a complex industry, poised for mid-teens earnings growth despite recent cyclical challenges, purchased at a discount to peers.
Read the full thesis - The London CompanyMarch 2025
Saia, Inc. is a leading less-than-truckload carrier with a strong market position, attractive margins, and positive growth outlook driven by industry consolidation, onshoring, and e-commerce trends.
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