Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
27 hedge funds and large institutions have $3.78M invested in Salem Media Group, Inc. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
7% more capital invested
Capital invested by funds: $3.52M → $3.78M (+$261K)
4% less funds holding
Funds holding: 28 → 27 (-1)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$31.5K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$20K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$6.07K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$3.64K |
| 5 |
BlackRock
New York
|
+$1.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$42.2K |
| 2 |
Renaissance Technologies
New York
|
-$39.8K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.6K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.15K |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$3.15K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $109 | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $85 | +$1 | +1 | +1% |
|
|
NSIM
28
North Star Investment Management
Chicago,
Illinois
| – | -$3.15K | -3,000 | Closed |
|
|
CAS
29
Coppell Advisory Solutions
Coppell,
Texas
| – | -$2.11K | -2,007 | Closed |
|
|
CASC
30
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$2.11K | -2,007 | Closed |
|
SALM Hedge Fund Activity: Q1 2023 in Review
27 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q1 2023, worth a combined $3.78M — up 7.4% from $3.52M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SALM and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 7 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $31.5K. The largest seller was Dimensional Fund Advisors, cutting an estimated $42.2K.
- 27 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q1 2023, down from 28 in Q4 2022.
- Funds reported $3.78M of Salem Media Group, Inc. Class A Common Stock stock for Q1 2023, up 7.4% quarter-over-quarter.
- 2 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q1 2023 was Citadel Advisors, an estimated $31.5K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q1 2023 was Dimensional Fund Advisors, an estimated $42.2K sold.
Based on aggregated 13F filings for Q1 2023.