Cumulus Media Inc. Class A Common Stock
CMLS
CMLS was delisted on the 1st of May, 2025.
146 hedge funds and large institutions have $817M invested in Cumulus Media Inc. Class A Common Stock in 2014 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 60 increasing their positions, 35 reducing their positions, and 47 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 35
13% less funds holding
Funds holding: 168 → 146 (-22)
40% less capital invested
Capital invested by funds: $1.36B → $817M (-$545M)
47% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 47
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$32.4M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$25.9M |
| 3 |
Neuberger Berman Group
New York
|
+$14.3M |
| 4 |
SAM
Sandell Asset Management
New York
|
+$14.1M |
| 5 |
CC
Coastland Capital
Palo Alto,
California
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$78.4M |
| 2 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$21.4M |
| 3 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$17.6M |
| 4 |
FAM
Fred Alger Management
New York
|
-$12.6M |
| 5 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$10.7M |
CMLS Hedge Fund Activity: Q3 2014 in Review
146 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cumulus Media Inc. Class A Common Stock (CMLS) for Q3 2014, worth a combined $817M — down 40% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of CMLS and 25 opened new positions — a net loss of 22 holders — while 35 trimmed existing stakes and 60 added.
The largest buyer was Burgundy Asset Management, opening a new position worth an estimated $32.4M. The largest seller was Ares Management, exiting entirely with an estimated $78.4M sold.
- 146 institutional investors held Cumulus Media Inc. Class A Common Stock (CMLS) as of Q3 2014, down from 168 in Q2 2014.
- Funds reported $817M of Cumulus Media Inc. Class A Common Stock stock for Q3 2014, down 40% quarter-over-quarter.
- 25 funds opened new Cumulus Media Inc. Class A Common Stock positions in Q3 2014 and 47 closed out, a net change of -22 holders.
- The largest Cumulus Media Inc. Class A Common Stock buyer in Q3 2014 was Burgundy Asset Management, an estimated $32.4M added.
- The largest Cumulus Media Inc. Class A Common Stock seller in Q3 2014 was Ares Management, an estimated $78.4M sold.
Based on aggregated 13F filings for Q3 2014.