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CMLS

Cumulus Media Inc. Class A Common Stock
CMLS

Delisted

CMLS was delisted on the 1st of May, 2025.

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56 hedge funds and large institutions have $33.5M invested in Cumulus Media Inc. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more capital invested

Capital invested by funds: $28.7M → $33.5M (+$4.78M)

5% less funds holding

Funds holding: 59 → 56 (-3)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

45% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 22

92% less call options, than puts

Call options by funds: $322K | Put options by funds: $3.96M

Holders
56
Holders Change
-3
Holders Change %
-5.08%
% of All Funds
0.89%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
12
Reduced
22
Closed
9
Calls
$322K
Puts
$3.96M
Net Calls
-$3.64M
Net Calls Change
-$3.19M

Top Buyers

Rank Fund Capital Flow
1
Group One Trading
Group One Trading
Illinois
+$264K
2
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$253K
3
Belvedere Trading
Belvedere Trading
Illinois
+$171K
4
GCP
GSA Capital Partners
United Kingdom
+$121K
5
PCM
Prelude Capital Management
New York
+$99.7K

Top Sellers

Rank Fund Capital Flow
1
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$601K
2
Millennium Management
Millennium Management
New York
-$522K
3
Citadel Advisors
Citadel Advisors
Florida
-$223K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$181K
5
Bank of America
Bank of America
North Carolina
-$164K
Name Holding Trade Value Shares
Change 		Change in
Stake
ZA
1
Zazove Associates
Nevada
$7.42M – – –
Capital World Investors
2
Capital World Investors
California
$3.97M – – –
Vanguard Group
3
Vanguard Group
Pennsylvania
$3.44M – – –
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$2.99M -$601K -126,540 -18%
OHA
5
Oak Hill Advisors
New York
$2.71M – – –
Acadian Asset Management
6
Acadian Asset Management
Massachusetts
$1.64M +$253K +53,306 +20%
VOYA Investment Management
7
VOYA Investment Management
Georgia
$1.03M – – –
BlackRock
8
BlackRock
New York
$949K +$14.6K +3,085 +2%
American Century Companies
9
American Century Companies
Missouri
$830K +$17.9K +3,766 +2%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$822K -$104K -21,808 -12%
Federated Hermes
11
Federated Hermes
Pennsylvania
$689K -$128K -27,060 -17%
Millennium Management
12
Millennium Management
New York
$532K -$522K -109,905 -51%
EC
13
EJF Capital
Virginia
$442K +$91.5K +19,268 +29%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$432K +$7.52K +1,584 +2%
BCM
15
Bridgeway Capital Management
Texas
$392K -$153K -32,293 -30%
Citadel Advisors
16
Citadel Advisors
Florida
$348K -$223K -46,898 -41%
Invesco
17
Invesco
Georgia
$331K +$22.5K +4,732 +8%
AA
18
Ancora Advisors
Ohio
$327K +$47.8K +10,080 +19%
State Street
19
State Street
Massachusetts
$312K – – –
Group One Trading
20
Group One Trading
Illinois
$283K +$264K +55,674 New
UBS Group
21
UBS Group
Switzerland
$275K +$38.8K +8,182 +18%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$258K -$2.91K -613 -1%
Barclays
23
Barclays
United Kingdom
$251K – – –
Northern Trust
24
Northern Trust
Illinois
$236K -$10.7K -2,246 -5%
DI
25
Dalton Investments
Nevada
$203K – – –
1
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CMLS Hedge Fund Activity: Q3 2023 in Review

56 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cumulus Media Inc. Class A Common Stock (CMLS) for Q3 2023, worth a combined $33.5M — up 17% from $28.7M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of CMLS and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 12 added.

The largest buyer was Group One Trading, opening a new position worth an estimated $264K. The largest seller was Dimensional Fund Advisors, cutting an estimated $601K.

  • 56 institutional investors held Cumulus Media Inc. Class A Common Stock (CMLS) as of Q3 2023, down from 59 in Q2 2023.
  • Funds reported $33.5M of Cumulus Media Inc. Class A Common Stock stock for Q3 2023, up 17% quarter-over-quarter.
  • 6 funds opened new Cumulus Media Inc. Class A Common Stock positions in Q3 2023 and 9 closed out, a net change of -3 holders.
  • The largest Cumulus Media Inc. Class A Common Stock buyer in Q3 2023 was Group One Trading, an estimated $264K added.
  • The largest Cumulus Media Inc. Class A Common Stock seller in Q3 2023 was Dimensional Fund Advisors, an estimated $601K sold.

Based on aggregated 13F filings for Q3 2023.