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

Sandell 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
2015 Q3	–	Sell	-350,526	Closed	-$5.69M	–	42
2015 Q2	$5.69M	Sell	350,526 -53,116	-13%	-$991K	0.6%	37
2015 Q1	$7.98M	Sell	403,642 -131,498	-25%	-$3.72M	0.78%	34
2014 Q4	$18.1M	Buy	535,140 +179,694	+51%	+$5.35M	1.81%	23
2014 Q3	$11.5M	Buy	+355,446	New	+$14.1M	1.22%	29

Other funds holding CMLS

CPI

Crestview Partners II New York $235M AUM 38.67% 1-Year Est. Return

Ares Management Los Angeles, California $2.29B AUM 0.27% 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

Scepter Holdings Fort Worth, Texas $22.4M AUM

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

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 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 $29.3B AUM 38.15% 1-Year Est. Return

HCMT

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

Sandell Asset Management's CMLS Position: Q3 2015 in Review

Sandell Asset Management sold out of Cumulus Media Inc. Class A Common Stock (CMLS) in Q3 2015, closing a stake of 350,526 shares — an estimated $5.69M sold.

Sandell Asset Management first reported a position in CMLS in Q3 2014 and held it in 4 quarters. The position peaked at $18.1M in Q4 2014. 122 funds tracked by Wall St. Rank hold CMLS as of Q3 2015.

Sandell Asset Management reported no remaining Cumulus Media Inc. Class A Common Stock position as of Q3 2015 after selling out during the quarter.
Sandell Asset Management sold 350,526 Cumulus Media Inc. Class A Common Stock shares in Q3 2015, an estimated $5.69M.
Sandell Asset Management first reported a position in Cumulus Media Inc. Class A Common Stock in Q3 2014 and held it in 4 quarters.
Sandell Asset Management's Cumulus Media Inc. Class A Common Stock position peaked at $18.1M in Q4 2014.
122 funds tracked by Wall St. Rank held Cumulus Media Inc. Class A Common Stock as of Q3 2015.

Based on Sandell Asset Management's 13F filing for Q3 2015, filed 16 Nov 2015.