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CMLS

Cumulus Media Inc. Class A Common Stock
CMLS

Delisted

CMLS was delisted on the 1st of May, 2025.

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73 hedge funds and large institutions have $38.2M invested in Cumulus Media Inc. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,300% more call options, than puts

Call options by funds: $14K | Put options by funds: $1K

76% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 17

11% less funds holding

Funds holding: 82 → 73 (-9)

43% less capital invested

Capital invested by funds: $67.3M → $38.2M (-$29.1M)

53% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 17

Holders
73
Holders Change
-9
Holders Change %
-10.98%
% of All Funds
1.16%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
30
Reduced
17
Closed
17
Calls
$14K
Puts
$1K
Net Calls
+$13K
Net Calls Change
+$14K

Top Buyers

1
ZA
Zazove Associates
Nevada
+$586K
2
XT
XTX Topco
Cayman Islands
+$325K
3
UBS Group
UBS Group
Switzerland
+$250K
4
Goldman Sachs
Goldman Sachs
New York
+$228K
5
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$221K

Top Sellers

1
BPCM
Beach Point Capital Management
California
-$3.71M
2
CCM
Carronade Capital Management
Connecticut
-$2.51M
3
Morgan Stanley
Morgan Stanley
New York
-$1.91M
4
AQR Capital Management
AQR Capital Management
Connecticut
-$861K
5
BCM
Bridgeway Capital Management
Texas
-$548K
Name Holding Trade Value Shares
Change 		Change in
Stake
N
26
Nuveen
North Carolina
$222K +$14.2K +2,522 +4%
XT
27
XTX Topco
Cayman Islands
$214K +$325K +57,913 New
Squarepoint
28
Squarepoint
New York
$208K +$192K +34,213 +154%
SO
29
STRS Ohio
Ohio
$203K – – –
Renaissance Technologies
30
Renaissance Technologies
New York
$196K +$90.7K +16,146 +44%
UBS Group
31
UBS Group
Switzerland
$189K +$250K +44,527 +659%
Millennium Management
32
Millennium Management
New York
$181K -$497K -88,493 -64%
Charles Schwab
33
Charles Schwab
California
$172K – – –
DI
34
Dalton Investments
Nevada
$147K – – –
Barclays
35
Barclays
United Kingdom
$140K +$102K +18,099 +91%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$127K +$1.41K +251 +0.7%
OQS
37
Occudo Quantitative Strategies
Florida
$123K +$188K +33,426 New
OCM
38
Oaktree Capital Management
California
$107K – – –
HSBC Holdings
39
HSBC Holdings
United Kingdom
$105K +$68.8K +12,254 +74%
Calamos Advisors
40
Calamos Advisors
Illinois
$103K – – –
Bank of America
41
Bank of America
North Carolina
$101K +$63.3K +11,276 +70%
JP Morgan Chase
42
JP Morgan Chase
New York
$100K +$6.79K +1,208 +5%
SPC
43
Sigma Planning Corp
Michigan
$98.2K +$19.1K +3,400 +15%
CL
44
CSS LLC
Illinois
$83K – – –
Allspring Global Investments
45
Allspring Global Investments
North Carolina
$80.9K +$123K +21,921 New
BSP
46
Benefit Street Partners
New York
$76.1K – – –
OSAM
47
O'Shaughnessy Asset Management
Connecticut
$66.1K -$7.89K -1,405 -7%
ZCM
48
Zebra Capital Management
Connecticut
$62K +$94K +16,742 New
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$57K -$10K -1,781 -10%
TRCT
50
Tower Research Capital (TRC)
New York
$54K +$37.8K +6,730 +85%
1
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CMLS Hedge Fund Activity: Q1 2023 in Review

73 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Cumulus Media Inc. Class A Common Stock (CMLS) for Q1 2023, worth a combined $38.2M — down 43% from $67.3M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of CMLS and 8 opened new positions — a net loss of 9 holders — while 17 trimmed existing stakes and 30 added.

The largest buyer was Zazove Associates, adding an estimated $586K. The largest seller was Beach Point Capital Management, exiting entirely with an estimated $3.71M sold.

  • 73 institutional investors held Cumulus Media Inc. Class A Common Stock (CMLS) as of Q1 2023, down from 82 in Q4 2022.
  • Funds reported $38.2M of Cumulus Media Inc. Class A Common Stock stock for Q1 2023, down 43% quarter-over-quarter.
  • 8 funds opened new Cumulus Media Inc. Class A Common Stock positions in Q1 2023 and 17 closed out, a net change of -9 holders.
  • The largest Cumulus Media Inc. Class A Common Stock buyer in Q1 2023 was Zazove Associates, an estimated $586K added.
  • The largest Cumulus Media Inc. Class A Common Stock seller in Q1 2023 was Beach Point Capital Management, an estimated $3.71M sold.

Based on aggregated 13F filings for Q1 2023.