Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
36 hedge funds and large institutions have $8.12M invested in Salem Media Group, Inc. Class A Common Stock in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
5% less funds holding
Funds holding: 38 → 36 (-2)
38% less capital invested
Capital invested by funds: $13.2M → $8.12M (-$5.04M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
Verdad Advisers
Boston,
Massachusetts
|
+$716K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$246K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$149K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$78.4K |
| 5 |
VF
Virtu Financial
New York
|
+$50.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$305K |
| 2 |
Barclays
London,
United Kingdom
|
-$281K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$221K |
| 4 |
Millennium Management
New York
|
-$155K |
| 5 |
Morgan Stanley
New York
|
-$78.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of New York Mellon
New York
| $22K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $17K | +$15.3K | +5,421 | +217% |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $8K | +$2.55K | +903 | +30% |
|
|
NSIM
29
North Star Investment Management
Chicago,
Illinois
| $6K | – | – | – |
|
30
EARNEST Partners
Atlanta,
Georgia
| $5K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $5K | +$3.16K | +1,117 | +90% |
|
|
APA
32
American Portfolios Advisors
Holbrook,
New York
| $1.5K | – | – | – |
|
|
SWM
33
Selective Wealth Management
Forest,
Virginia
| $1K | – | – | – |
|
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| $205 | +$246K | +86,900 | New |
|
35
Goldman Sachs
New York
| – | -$55K | -16,135 | Closed |
|
36
Jane Street
New York
| – | -$44K | -13,065 | Closed |
|
|
JF
37
Jump Financial
Chicago,
Illinois
| – | -$40K | -11,800 | Closed |
|
38
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -137 | Closed |
|
39
Wells Fargo
San Francisco,
California
| – | +$17 | +6 | +9% |
|
SALM Hedge Fund Activity: Q2 2022 in Review
36 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q2 2022, worth a combined $8.12M — down 38% from $13.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SALM and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Verdad Advisers, adding an estimated $716K. The largest seller was Marshall Wace, cutting an estimated $305K.
- 36 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q2 2022, down from 38 in Q1 2022.
- Funds reported $8.12M of Salem Media Group, Inc. Class A Common Stock stock for Q2 2022, down 38% quarter-over-quarter.
- 3 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q2 2022 and 5 closed out, a net change of -2 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q2 2022 was Verdad Advisers, an estimated $716K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q2 2022 was Marshall Wace, an estimated $305K sold.
Based on aggregated 13F filings for Q2 2022.