Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
48 hedge funds and large institutions have $48M invested in Salem Media Group, Inc. Class A Common Stock in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 13 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
6% less capital invested
Capital invested by funds: $51M → $48M (-$3.01M)
16% less funds holding
Funds holding: 57 → 48 (-9)
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.24M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$694K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$372K |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$343K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
DG Capital Management
New York
|
-$1.4M |
| 2 |
Neuberger Berman Group
New York
|
-$648K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$533K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$496K |
| 5 |
Goldman Sachs
New York
|
-$361K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
51
Credit Suisse
Zurich,
Switzerland
| – | -$218K | -34,391 | Closed |
|
|
AGM
52
Alpine Global Management
New York
| – | -$152K | -24,043 | Closed |
|
|
COPPSERS
53
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$118K | -18,719 | Closed |
|
|
PP
54
Paloma Partners
Greenwich,
Connecticut
| – | -$106K | -16,800 | Closed |
|
|
TC
55
TFS Capital
West Chester,
Pennsylvania
| – | -$86K | -13,625 | Closed |
|
|
LP
56
LMR Partners
London,
United Kingdom
| – | -$79K | -12,420 | Closed |
|
|
EWM
57
Evercore Wealth Management
New York
| – | -$65K | -10,300 | Closed |
|
|
TCIM
58
TIAA CREF Investment Management
New York
| – | -$61K | -9,589 | Closed |
|
59
New York State Common Retirement Fund
Albany,
New York
| – | -$50K | -7,853 | Closed |
|
60
Bank of America
Charlotte,
North Carolina
| – | -$2K | -247 | Closed |
|
61
Citigroup
New York
| – | -$1K | -99 | Closed |
|
SALM Hedge Fund Activity: Q3 2015 in Review
48 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q3 2015, worth a combined $48M — down 5.9% from $51M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SALM and 4 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 16 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.24M. The largest seller was DG Capital Management, cutting an estimated $1.4M.
- 48 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q3 2015, down from 57 in Q2 2015.
- Funds reported $48M of Salem Media Group, Inc. Class A Common Stock stock for Q3 2015, down 5.9% quarter-over-quarter.
- 4 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q3 2015 and 13 closed out, a net change of -9 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q3 2015 was Royal Bank of Canada, an estimated $1.24M added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q3 2015 was DG Capital Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2015.