Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
26 hedge funds and large institutions have $1.8M invested in Salem Media Group, Inc. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
7% less funds holding
Funds holding: 28 → 26 (-2)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
45% less capital invested
Capital invested by funds: $3.26M → $1.8M (-$1.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$11.8K |
| 2 |
ACA
Ascension Capital Advisors
Houston,
Texas
|
+$10.8K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$6.18K |
| 4 |
Renaissance Technologies
New York
|
+$5.41K |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$98.8K |
| 2 |
VA
Verdad Advisers
Boston,
Massachusetts
|
-$53K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$52.4K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$31K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$26.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $9 | +$12 | +16 | New |
|
|
27
Dimensional Fund Advisors
Austin,
Texas
| – | -$98.8K | -103,131 | Closed |
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$13.8K | -14,385 | Closed |
|
SALM Hedge Fund Activity: Q3 2023 in Review
26 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q3 2023, worth a combined $1.8M — down 45% from $3.26M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SALM and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 6 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $11.8K. The largest seller was Dimensional Fund Advisors, exiting entirely with an estimated $98.8K sold.
- 26 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q3 2023, down from 28 in Q2 2023.
- Funds reported $1.8M of Salem Media Group, Inc. Class A Common Stock stock for Q3 2023, down 45% quarter-over-quarter.
- 2 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q3 2023 was Cetera Investment Advisers, an estimated $11.8K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q3 2023 was Dimensional Fund Advisors, an estimated $98.8K sold.
Based on aggregated 13F filings for Q3 2023.