Cumulus Media Inc. Class A Common Stock
CMLS
CMLS was delisted on the 1st of May, 2025.
66 hedge funds and large institutions have $54.5M invested in Cumulus Media Inc. Class A Common Stock in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 26 closing their positions.
8% less funds holding
Funds holding: 72 → 66 (-6)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
35% less capital invested
Capital invested by funds: $83.5M → $54.5M (-$29.1M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$1.35M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$1.16M |
| 3 |
Millennium Management
New York
|
+$746K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$599K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$468K |
Top Sellers
| 1 |
BlackRock
New York
|
-$3.2M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.64M |
| 3 |
LC
Loews Corp
New York
|
-$1.63M |
| 4 |
JP Morgan Chase
New York
|
-$1.62M |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$1.4M |
CMLS Hedge Fund Activity: Q2 2020 in Review
66 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cumulus Media Inc. Class A Common Stock (CMLS) for Q2 2020, worth a combined $54.5M — down 35% from $83.5M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CMLS and 20 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was Zazove Associates, adding an estimated $1.35M. The largest seller was BlackRock, cutting an estimated $3.2M.
- 66 institutional investors held Cumulus Media Inc. Class A Common Stock (CMLS) as of Q2 2020, down from 72 in Q1 2020.
- Funds reported $54.5M of Cumulus Media Inc. Class A Common Stock stock for Q2 2020, down 35% quarter-over-quarter.
- 20 funds opened new Cumulus Media Inc. Class A Common Stock positions in Q2 2020 and 26 closed out, a net change of -6 holders.
- The largest Cumulus Media Inc. Class A Common Stock buyer in Q2 2020 was Zazove Associates, an estimated $1.35M added.
- The largest Cumulus Media Inc. Class A Common Stock seller in Q2 2020 was BlackRock, an estimated $3.2M sold.
Based on aggregated 13F filings for Q2 2020.