Penn Capital Management’s Cumulus Media Inc. Class A Common Stock CMLS Stock Holding History

Penn Capital 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
2015 Q2	–	Sell	-242,615	Closed	-$4.79M	–	310
2015 Q1	$4.79M	Buy	242,615 +5,630	+2%	+$159K	0.19%	173
2014 Q4	$8.02M	Sell	236,985 -149,858	-39%	-$4.46M	0.34%	112
2014 Q3	$12.5M	Buy	386,843 +117,006	+43%	+$4.64M	0.52%	73
2014 Q2	$14.2M	Sell	269,837 -8,853	-3%	-$462K	0.55%	65
2014 Q1	$15.4M	Sell	278,690 -9,159	-3%	-$501K	0.59%	66
2013 Q4	$17.8M	Buy	287,849 +275,375	+2,208%	+$14.1M	0.64%	50
2013 Q3	$529K	Buy	+12,474	New	+$455K	0.02%	274

Other funds holding CMLS

CPI

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

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

Ares Management Los Angeles, California $1.52B AUM 12.97% 1-Year Est. Return

THLTP

Thomas H. Lee (THL) Partners Boston, Massachusetts $205M AUM 1.84% 1-Year Est. Return

BAM

Burgundy Asset Management Toronto, Ontario, Canada $10.6B AUM 13.39% 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

RPM

Ridgemont Partners Management Charlotte, North Carolina $49.7M AUM 26.51% 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

Penn Capital Management's CMLS Position: Q2 2015 in Review

Penn Capital Management sold out of Cumulus Media Inc. Class A Common Stock (CMLS) in Q2 2015, closing a stake of 242,615 shares — an estimated $4.79M sold.

Penn Capital Management first reported a position in CMLS in Q3 2013 and held it in 7 quarters. The position peaked at $17.8M in Q4 2013. 124 funds tracked by Wall St. Rank hold CMLS as of Q2 2015.

Penn Capital Management reported no remaining Cumulus Media Inc. Class A Common Stock position as of Q2 2015 after selling out during the quarter.
Penn Capital Management sold 242,615 Cumulus Media Inc. Class A Common Stock shares in Q2 2015, an estimated $4.79M.
Penn Capital Management first reported a position in Cumulus Media Inc. Class A Common Stock in Q3 2013 and held it in 7 quarters.
Penn Capital Management's Cumulus Media Inc. Class A Common Stock position peaked at $17.8M in Q4 2013.
124 funds tracked by Wall St. Rank held Cumulus Media Inc. Class A Common Stock as of Q2 2015.

Based on Penn Capital Management's 13F filing for Q2 2015, filed 12 Aug 2015.