Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
40 hedge funds and large institutions have $7.5M invested in Salem Media Group, Inc. Class A Common Stock in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 9 closing their positions.
13% less funds holding
Funds holding: 46 → 40 (-6)
47% less capital invested
Capital invested by funds: $14.2M → $7.5M (-$6.66M)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$73.6K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$23.2K |
| 3 |
ARTA
A.R.T. Advisors
New York
|
+$22.3K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$11.3K |
| 5 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$9.37K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$593K |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$503K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$163K |
| 4 |
B
Bailard
Foster City,
California
|
-$139K |
| 5 |
TA
Teton Advisors
Rye,
New York
|
-$124K |
SALM Hedge Fund Activity: Q3 2019 in Review
40 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q3 2019, worth a combined $7.5M — down 47% from $14.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SALM and 3 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 6 added.
The largest buyer was Renaissance Technologies, adding an estimated $73.6K. The largest seller was First Wilshire Securities Management, exiting entirely with an estimated $593K sold.
- 40 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q3 2019, down from 46 in Q2 2019.
- Funds reported $7.5M of Salem Media Group, Inc. Class A Common Stock stock for Q3 2019, down 47% quarter-over-quarter.
- 3 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q3 2019 and 9 closed out, a net change of -6 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q3 2019 was Renaissance Technologies, an estimated $73.6K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q3 2019 was First Wilshire Securities Management, an estimated $593K sold.
Based on aggregated 13F filings for Q3 2019.