Arbiter Partners Capital Management’s Salem Media Group, Inc. Class A Common Stock SALM Stock Holding History

Arbiter Partners Capital Management’s Portfolio SALM Stock Details SALM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-52,497	Closed	-$391K	–	89
2017 Q1	$391K	Sell	52,497 -14,200	-21%	-$96.8K	0.05%	62
2016 Q4	$417K	Hold	66,697	–	–	0.07%	58
2016 Q3	$392K	Sell	66,697 -16,000	-19%	-$108K	0.05%	66
2016 Q2	$597K	Hold	82,697	–	–	0.08%	57
2016 Q1	$476K	Hold	82,697	–	–	0.09%	64
2015 Q4	$412K	Hold	82,697	–	–	0.05%	86
2015 Q3	$506K	Hold	82,697	–	–	0.05%	90
2015 Q2	$523K	Buy	82,697 +7,726	+10%	+$41.9K	0.05%	93
2015 Q1	$462K	Buy	74,971 +6,572	+10%	+$46.1K	0.04%	91
2014 Q4	$535K	Hold	68,399	–	–	0.05%	88
2014 Q3	$521K	Buy	68,399 +22,300	+48%	+$189K	0.05%	84
2014 Q2	$436K	Hold	46,099	–	–	0.04%	91
2014 Q1	$461K	Hold	46,099	–	–	0.05%	83
2013 Q4	$401K	Hold	46,099	–	–	0.06%	80
2013 Q3	$382K	Hold	46,099	–	–	0.09%	68
2013 Q2	$345K	Buy	+46,099	New	+$374K	0.05%	63

Other funds holding SALM

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $10.2B AUM 30.27% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Gabelli Funds Rye, New York $14.8B AUM 32.24% 1-Year Est. Return

Teton Advisors Rye, New York $142M AUM 42.07% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

BCM

Bridgeway Capital Management Houston, Texas $4.97B AUM 44.96% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Arbiter Partners Capital Management's SALM Position: Q2 2017 in Review

Arbiter Partners Capital Management sold out of Salem Media Group, Inc. Class A Common Stock (SALM) in Q2 2017, closing a stake of 52,497 shares — an estimated $391K sold.

Arbiter Partners Capital Management first reported a position in SALM in Q2 2013 and held it in 16 quarters. The position peaked at $597K in Q2 2016. 65 funds tracked by Wall St. Rank hold SALM as of Q2 2017.

Arbiter Partners Capital Management reported no remaining Salem Media Group, Inc. Class A Common Stock position as of Q2 2017 after selling out during the quarter.
Arbiter Partners Capital Management sold 52,497 Salem Media Group, Inc. Class A Common Stock shares in Q2 2017, an estimated $391K.
Arbiter Partners Capital Management first reported a position in Salem Media Group, Inc. Class A Common Stock in Q2 2013 and held it in 16 quarters.
Arbiter Partners Capital Management's Salem Media Group, Inc. Class A Common Stock position peaked at $597K in Q2 2016.
65 funds tracked by Wall St. Rank held Salem Media Group, Inc. Class A Common Stock as of Q2 2017.

Based on Arbiter Partners Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.