Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
28 hedge funds and large institutions have $3.26M invested in Salem Media Group, Inc. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 27 → 28 (+1)
14% less capital invested
Capital invested by funds: $3.78M → $3.26M (-$521K)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$42.1K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$20.2K |
| 3 |
Renaissance Technologies
New York
|
+$2.68K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.02K |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$56.3K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$38.7K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$27.4K |
| 4 |
BlackRock
New York
|
-$24.8K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$17.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $79 | +$4 | +4 | +5% |
|
27
US Bancorp
Minneapolis,
Minnesota
| $75 | -$22 | -22 | -22% |
|
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$38.7K | -38,942 | -99% |
|
|
VFA
29
Values First Advisors
Gray,
Tennessee
| – | -$992 | -911 | Closed |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| – | -$545 | -500 | Closed |
|
SALM Hedge Fund Activity: Q2 2023 in Review
28 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q2 2023, worth a combined $3.26M — down 14% from $3.78M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SALM positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Empowered Funds, opening a new position worth an estimated $42.1K. The largest seller was Acadian Asset Management, cutting an estimated $56.3K.
- 28 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q2 2023, up from 27 in Q1 2023.
- Funds reported $3.26M of Salem Media Group, Inc. Class A Common Stock stock for Q2 2023, down 14% quarter-over-quarter.
- 3 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q2 2023 was Empowered Funds, an estimated $42.1K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q2 2023 was Acadian Asset Management, an estimated $56.3K sold.
Based on aggregated 13F filings for Q2 2023.