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 $72.9M invested in Salem Media Group, Inc. Class A Common Stock in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 7 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
3% less capital invested
Capital invested by funds: $75M → $72.9M (-$2.1M)
3% less funds holding
Funds holding: 59 → 57 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$2.13M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
+$516K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$288K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$191K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$406K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$232K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$181K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$124K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$122K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
51
Virtus Fund Advisers
Hartford,
Connecticut
| $9K | +$8.29K | +930 | New |
|
|
TWA
52
TCI Wealth Advisors
Tucson,
Arizona
| $5K | +$18 | +2 | +0.4% |
|
53
BNP Paribas Financial Markets
Paris,
France
| $2.82K | +$2.65K | +298 | New |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2K | – | – | – |
|
|
GC
55
Globeflex Capital
San Diego,
California
| $2K | +$989 | +111 | +74% |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$2.32K | +260 | New |
|
|
TC
57
TFS Capital
West Chester,
Pennsylvania
| – | -$181K | -18,070 | Closed |
|
|
CS
58
Credit Suisse
Zurich,
Switzerland
| – | -$122K | -12,204 | Closed |
|
|
PPA
59
Parametric Portfolio Associates
Seattle,
Washington
| – | -$107K | -10,698 | Closed |
|
60
ProShare Advisors
Bethesda,
Maryland
| – | -$105K | -10,495 | Closed |
|
61
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$39.3K | -4,411 | -99% |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$5K | -484 | Closed |
|
|
OSAM
63
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$2K | -224 | Closed |
|
SALM Hedge Fund Activity: Q2 2014 in Review
57 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q2 2014, worth a combined $72.9M — down 2.8% from $75M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SALM and 5 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 20 added.
The largest buyer was Neuberger Berman Group, adding an estimated $2.13M. The largest seller was Ancora Advisors, cutting an estimated $406K.
- 57 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q2 2014, down from 59 in Q1 2014.
- Funds reported $72.9M of Salem Media Group, Inc. Class A Common Stock stock for Q2 2014, down 2.8% quarter-over-quarter.
- 5 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q2 2014 and 7 closed out, a net change of -2 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q2 2014 was Neuberger Berman Group, an estimated $2.13M added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q2 2014 was Ancora Advisors, an estimated $406K sold.
Based on aggregated 13F filings for Q2 2014.