Cumulus Media Inc. Class A Common Stock
CMLS
CMLS was delisted on the 1st of May, 2025.
59 hedge funds and large institutions have $28.7M invested in Cumulus Media Inc. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 29 reducing their positions, and 22 closing their positions.
19% less funds holding
Funds holding: 73 → 59 (-14)
25% less capital invested
Capital invested by funds: $38.2M → $28.7M (-$9.47M)
48% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 29
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
78% less call options, than puts
Call options by funds: $127K | Put options by funds: $579K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$556K |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$480K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$323K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$182K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.4M |
| 2 |
BlackRock
New York
|
-$2.61M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$699K |
| 4 |
State Street
Boston,
Massachusetts
|
-$493K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$487K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
76
Amalgamated Bank
New York
| – | -$7K | -1,851 | Closed |
|
77
Legal & General Group
London,
United Kingdom
| – | -$5.77K | -1,563 | Closed |
|
|
AIP
78
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$5.11K | -1,386 | Closed |
|
79
Russell Investments Group
London,
United Kingdom
| – | -$2.73K | -740 | Closed |
|
|
NMG
80
New Millennium Group
Sandy,
Utah
| – | -$627 | -170 | Closed |
|
CMLS Hedge Fund Activity: Q2 2023 in Review
59 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cumulus Media Inc. Class A Common Stock (CMLS) for Q2 2023, worth a combined $28.7M — down 25% from $38.2M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CMLS and 9 opened new positions — a net loss of 13 holders — while 29 trimmed existing stakes and 15 added.
The largest buyer was Millennium Management, adding an estimated $556K. The largest seller was Morgan Stanley, cutting an estimated $5.4M.
- 59 institutional investors held Cumulus Media Inc. Class A Common Stock (CMLS) as of Q2 2023, down from 73 in Q1 2023.
- Funds reported $28.7M of Cumulus Media Inc. Class A Common Stock stock for Q2 2023, down 25% quarter-over-quarter.
- 9 funds opened new Cumulus Media Inc. Class A Common Stock positions in Q2 2023 and 22 closed out, a net change of -13 holders.
- The largest Cumulus Media Inc. Class A Common Stock buyer in Q2 2023 was Millennium Management, an estimated $556K added.
- The largest Cumulus Media Inc. Class A Common Stock seller in Q2 2023 was Morgan Stanley, an estimated $5.4M sold.
Based on aggregated 13F filings for Q2 2023.