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

Portolan 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
2015 Q1	–	Sell	-21,260	Closed	-$166K	–	128
2014 Q4	$166K	Sell	21,260 -460,412	-96%	-$3.53M	0.03%	105
2014 Q3	$3.67M	Sell	481,672 -141,905	-23%	-$1.21M	0.83%	53
2014 Q2	$5.9M	Hold	623,577	–	–	1.29%	26
2014 Q1	$6.23M	Buy	623,577 +3,526	+0.6%	+$32K	1.43%	17
2013 Q4	$5.39M	Buy	620,051 +27,386	+5%	+$238K	1.2%	28
2013 Q3	$4.91M	Buy	592,665 +315,327	+114%	+$2.51M	1.29%	26
2013 Q2	$2.08M	Buy	+277,338	New	+$2.25M	0.59%	61

Other funds holding SALM

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

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

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

PAIM

Punch & Associates Investment Management Edina, Minnesota $1.73B AUM 27.65% 1-Year Est. Return

DCM

DG Capital Management New York $326M AUM 39.67% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

BCM

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

Portolan Capital Management's SALM Position: Q1 2015 in Review

Portolan Capital Management sold out of Salem Media Group, Inc. Class A Common Stock (SALM) in Q1 2015, closing a stake of 21,260 shares — an estimated $166K sold.

Portolan Capital Management first reported a position in SALM in Q2 2013 and held it in 7 quarters. The position peaked at $6.23M in Q1 2014. 58 funds tracked by Wall St. Rank hold SALM as of Q1 2015.

Portolan Capital Management reported no remaining Salem Media Group, Inc. Class A Common Stock position as of Q1 2015 after selling out during the quarter.
Portolan Capital Management sold 21,260 Salem Media Group, Inc. Class A Common Stock shares in Q1 2015, an estimated $166K.
Portolan Capital Management first reported a position in Salem Media Group, Inc. Class A Common Stock in Q2 2013 and held it in 7 quarters.
Portolan Capital Management's Salem Media Group, Inc. Class A Common Stock position peaked at $6.23M in Q1 2014.
58 funds tracked by Wall St. Rank held Salem Media Group, Inc. Class A Common Stock as of Q1 2015.

Based on Portolan Capital Management's 13F filing for Q1 2015, filed 15 May 2015.