Cumulus Media Inc. Class A Common Stock
CMLS
CMLS was delisted on the 1st of May, 2025.
147 hedge funds and large institutions have $866M 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 46 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 35
13% less funds holding
Funds holding: 168 → 147 (-21)
36% less capital invested
Capital invested by funds: $1.36B → $866M (-$497M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
46% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 46
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 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$21.4M |
| 2 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$17.6M |
| 3 |
FAM
Fred Alger Management
New York
|
-$12.6M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$10.7M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$10.2M |
CMLS Hedge Fund Activity: Q3 2014 in Review
147 of the 3,455 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 $866M — down 36% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CMLS and 25 opened new positions — a net loss of 21 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 Lonestar Capital Management, exiting entirely with an estimated $21.4M sold.
- 147 institutional investors held Cumulus Media Inc. Class A Common Stock (CMLS) as of Q3 2014, down from 168 in Q2 2014.
- Funds reported $866M of Cumulus Media Inc. Class A Common Stock stock for Q3 2014, down 36% quarter-over-quarter.
- 25 funds opened new Cumulus Media Inc. Class A Common Stock positions in Q3 2014 and 46 closed out, a net change of -21 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 Lonestar Capital Management, an estimated $21.4M sold.
Based on aggregated 13F filings for Q3 2014.