Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
53 hedge funds and large institutions have $58.5M invested in Salem Media Group, Inc. Class A Common Stock in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 8 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
7% less funds holding
Funds holding: 57 → 53 (-4)
20% less capital invested
Capital invested by funds: $72.9M → $58.5M (-$14.4M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$2.77M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$223K |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
+$189K |
| 4 |
Morgan Stanley
New York
|
+$133K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$1.21M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.18M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$548K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$250K |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$195K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSAM
51
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $2K | +$2.3K | +271 | New |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $22 | +$23.2K | +2,732 | +1,526% |
|
|
AA
53
Ancora Advisors
Cleveland,
Ohio
| – | -$1.18M | -124,327 | Closed |
|
|
JIR
54
James Investment Research
Alpha,
Ohio
| – | -$548K | -57,910 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | -$180K | -19,000 | Closed |
|
|
NC
56
Northpointe Capital
Bloomfield Hills,
Michigan
| – | -$138K | -14,600 | Closed |
|
|
CCMH
57
Cornerstone Capital Management Holdings
New York
| – | -$27K | -2,900 | Closed |
|
|
VFA
58
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$9K | -930 | Closed |
|
59
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -260 | Closed |
|
|
GC
60
Globeflex Capital
San Diego,
California
| – | -$2K | -260 | Closed |
|
61
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$357 | +42 | +67% |
|
SALM Hedge Fund Activity: Q3 2014 in Review
53 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q3 2014, worth a combined $58.5M — down 20% from $72.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SALM and 4 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 17 added.
The largest buyer was Neuberger Berman Group, adding an estimated $2.77M. The largest seller was Portolan Capital Management, cutting an estimated $1.21M.
- 53 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q3 2014, down from 57 in Q2 2014.
- Funds reported $58.5M of Salem Media Group, Inc. Class A Common Stock stock for Q3 2014, down 20% quarter-over-quarter.
- 4 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q3 2014 and 8 closed out, a net change of -4 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q3 2014 was Neuberger Berman Group, an estimated $2.77M added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q3 2014 was Portolan Capital Management, an estimated $1.21M sold.
Based on aggregated 13F filings for Q3 2014.