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 $1.08M invested in Salem Media Group, Inc. Class A Common Stock in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more funds holding
Funds holding: 26 → 28 (+2)
40% less capital invested
Capital invested by funds: $1.8M → $1.08M (-$729K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$21.2K |
| 2 |
VF
Virtu Financial
New York
|
+$19.6K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$15.4K |
| 4 |
Jane Street
New York
|
+$9.04K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.31K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
Verdad Advisers
Boston,
Massachusetts
|
-$151K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$85.4K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$14K |
| 4 |
ACA
Ascension Capital Advisors
Houston,
Texas
|
-$8.26K |
| 5 |
Morgan Stanley
New York
|
-$5.45K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $30 | – | – | – |
|
27
JP Morgan Chase
New York
| $8 | +$3 | +5 | +31% |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $5 | -$473 | -750 | -98% |
|
|
29
Acadian Asset Management
Boston,
Massachusetts
| – | -$14K | -24,583 | Closed |
|
|
ACA
30
Ascension Capital Advisors
Houston,
Texas
| – | -$8.26K | -14,000 | Closed |
|
31
EARNEST Partners
Atlanta,
Georgia
| – | -$1.48K | -2,500 | Closed |
|
SALM Hedge Fund Activity: Q4 2023 in Review
28 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q4 2023, worth a combined $1.08M — down 40% from $1.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SALM positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $21.2K. The largest seller was Verdad Advisers, cutting an estimated $151K.
- 28 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q4 2023, up from 26 in Q3 2023.
- Funds reported $1.08M of Salem Media Group, Inc. Class A Common Stock stock for Q4 2023, down 40% quarter-over-quarter.
- 5 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q4 2023 and 3 closed out, a net change of +2 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q4 2023 was Citadel Advisors, an estimated $21.2K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q4 2023 was Verdad Advisers, an estimated $151K sold.
Based on aggregated 13F filings for Q4 2023.