Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
57 hedge funds and large institutions have $60.4M invested in Salem Media Group, Inc. Class A Common Stock in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 5 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
20% more capital invested
Capital invested by funds: $50.2M → $60.4M (+$10.2M)
3% less funds holding
Funds holding: 59 → 57 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.51M |
| 2 |
TA
Teton Advisors
Rye,
New York
|
+$1.74M |
| 3 |
Neuberger Berman Group
New York
|
+$758K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$301K |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$408K |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$277K |
| 3 |
JP Morgan Chase
New York
|
-$275K |
| 4 |
Renaissance Technologies
New York
|
-$252K |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$221K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Ameriprise
Minneapolis,
Minnesota
| $5K | – | – | – |
|
52
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
|
TWA
53
TCI Wealth Advisors
Tucson,
Arizona
| $4K | +$4.03K | +506 | New |
|
|
OSAM
54
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $3K | -$2.06K | -259 | -42% |
|
55
Bank of America
Charlotte,
North Carolina
| $1K | -$37.5K | -4,707 | -96% |
|
|
DA
56
Denali Advisors
San Diego,
California
| $1K | – | – | – |
|
57
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $6 | +$4.72K | +592 | +331% |
|
|
BIM
58
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$277K | -37,016 | Closed |
|
|
WA
59
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$221K | -29,455 | Closed |
|
|
CCM
60
Coe Capital Management
Highland Park,
Illinois
| – | -$89K | -11,981 | Closed |
|
61
Axa
Paris,
France
| – | -$49K | -6,500 | Closed |
|
|
BJ
62
BlackRock Japan
Tokyo,
Japan
| – | -$20K | -2,627 | Closed |
|
SALM Hedge Fund Activity: Q3 2013 in Review
57 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q3 2013, worth a combined $60.4M — up 20% from $50.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SALM and 3 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Portolan Capital Management, adding an estimated $2.51M. The largest seller was TFS Capital, cutting an estimated $408K.
- 57 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q3 2013, down from 59 in Q2 2013.
- Funds reported $60.4M of Salem Media Group, Inc. Class A Common Stock stock for Q3 2013, up 20% quarter-over-quarter.
- 3 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q3 2013 and 5 closed out, a net change of -2 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q3 2013 was Portolan Capital Management, an estimated $2.51M added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q3 2013 was TFS Capital, an estimated $408K sold.
Based on aggregated 13F filings for Q3 2013.