Cumulus Media Inc. Class A Common Stock
CMLS
CMLS was delisted on the 1st of May, 2025.
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.
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
Top Buyers
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$586K |
| 2 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$325K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$250K |
| 4 |
Goldman Sachs
New York
|
+$228K |
| 5 |
D.E. Shaw & Co
New York
|
+$221K |
Top Sellers
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.