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

Skylands Capital’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	-27,700	Closed	-$450K	–	236
2015 Q2	$450K	Sell	27,700 -52,300	-65%	-$976K	0.05%	189
2015 Q1	$1.58M	Buy	80,000 +5,575	+7%	+$158K	0.16%	117
2014 Q4	$2.52M	Buy	74,425 +8,912	+14%	+$265K	0.26%	79
2014 Q3	$2.11M	Buy	65,513 +61,162	+1,406%	+$2.42M	0.21%	104
2014 Q2	$229K	Hold	4,351	–	–	0.02%	222
2014 Q1	$241K	Buy	+4,351	New	+$238K	0.02%	201

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

Skylands Capital's CMLS Position: Q3 2015 in Review

Skylands Capital sold out of Cumulus Media Inc. Class A Common Stock (CMLS) in Q3 2015, closing a stake of 27,700 shares — an estimated $450K sold.

Skylands Capital first reported a position in CMLS in Q1 2014 and held it in 6 quarters. The position peaked at $2.52M in Q4 2014. 122 funds tracked by Wall St. Rank hold CMLS as of Q3 2015.

Skylands Capital reported no remaining Cumulus Media Inc. Class A Common Stock position as of Q3 2015 after selling out during the quarter.
Skylands Capital sold 27,700 Cumulus Media Inc. Class A Common Stock shares in Q3 2015, an estimated $450K.
Skylands Capital first reported a position in Cumulus Media Inc. Class A Common Stock in Q1 2014 and held it in 6 quarters.
Skylands Capital's Cumulus Media Inc. Class A Common Stock position peaked at $2.52M in Q4 2014.
122 funds tracked by Wall St. Rank held Cumulus Media Inc. Class A Common Stock as of Q3 2015.

Based on Skylands Capital's 13F filing for Q3 2015, filed 14 Oct 2015.