Burgundy Asset Management’s Cumulus Media Inc. Class A Common Stock CMLS Stock Holding History

Burgundy Asset Management’s Portfolio CMLS Stock Details CMLS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-1,042,064	Closed	-$1.06M	–	109
2016 Q4	$1.06M	Sell	1,042,064 -11	-0%	-$16	0.01%	102
2016 Q3	$2.75M	Hold	1,042,075	–	–	0.03%	92
2016 Q2	$2.58M	Sell	1,042,075 -3,676	-0.4%	-$10.6K	0.03%	97
2016 Q1	$3.88M	Sell	1,045,751 -7,024	-0.7%	-$18.4K	0.04%	93
2015 Q4	$2.78M	Hold	1,052,775	–	–	0.03%	91
2015 Q3	$5.93M	Sell	1,052,775 -17,816	-2%	-$201K	0.07%	84
2015 Q2	$17.4M	Sell	1,070,591 -133,770	-11%	-$2.5M	0.19%	71
2015 Q1	$23.8M	Sell	1,204,361 -23,881	-2%	-$675K	0.26%	69
2014 Q4	$41.6M	Buy	1,228,242 +410,018	+50%	+$12.2M	0.46%	62
2014 Q3	$26.4M	Buy	+818,224	New	+$32.4M	0.32%	66

Other funds holding CMLS

CPI

Crestview Partners II New York $341M AUM 17.29% 1-Year Est. Return

SAAM

Solus Alternative Asset Management Summit, New Jersey $372M AUM 45.33% 1-Year Est. Return

GCM

Greywolf Capital Management Purchase, New York $67.3M AUM 100.05% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $25.9B AUM 26.38% 1-Year Est. Return

HCMT

Highland Capital Management (Texas) Dallas, Texas $39M AUM

Zazove Associates Incline Village, Nevada $1.22B AUM 1.91% 1-Year Est. Return

QGA

Q Global Advisors Fort Worth, Texas $113M AUM 20.91% 1-Year Est. Return

Coastland Capital Palo Alto, California $1.6B AUM 29.3% 1-Year Est. Return

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

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

Burgundy Asset Management's CMLS Position: Q1 2017 in Review

Burgundy Asset Management sold out of Cumulus Media Inc. Class A Common Stock (CMLS) in Q1 2017, closing a stake of 1,042,064 shares — an estimated $1.06M sold.

Burgundy Asset Management first reported a position in CMLS in Q3 2014 and held it in 10 quarters. The position peaked at $41.6M in Q4 2014. 48 funds tracked by Wall St. Rank hold CMLS as of Q1 2017.

Burgundy Asset Management reported no remaining Cumulus Media Inc. Class A Common Stock position as of Q1 2017 after selling out during the quarter.
Burgundy Asset Management sold 1,042,064 Cumulus Media Inc. Class A Common Stock shares in Q1 2017, an estimated $1.06M.
Burgundy Asset Management first reported a position in Cumulus Media Inc. Class A Common Stock in Q3 2014 and held it in 10 quarters.
Burgundy Asset Management's Cumulus Media Inc. Class A Common Stock position peaked at $41.6M in Q4 2014.
48 funds tracked by Wall St. Rank held Cumulus Media Inc. Class A Common Stock as of Q1 2017.

Based on Burgundy Asset Management's 13F filing for Q1 2017, filed 9 May 2017.