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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-10,907	Closed	-$37K	–	503
2018 Q3	$37K	Sell	10,907 -21,372	-66%	-$72.5K	﹤0.01%	334
2018 Q2	$166K	Buy	+32,279	New	+$166K	0.01%	430
2015 Q3	–	Sell	-12,420	Closed	-$79K	–	521
2015 Q2	$79K	Buy	+12,420	New	+$79K	0.01%	460