Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
54 hedge funds and large institutions have $40.8M invested in Salem Media Group, Inc. Class A Common Stock in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
8% more funds holding
Funds holding: 50 → 54 (+4)
7% more capital invested
Capital invested by funds: $38M → $40.8M (+$2.83M)
98% less call options, than puts
Call options by funds: $1K | Put options by funds: $58K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$207K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$146K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$67.9K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$58.4K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$56.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$1.39M |
| 2 |
DCM
DG Capital Management
New York
|
-$1.23M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$430K |
| 4 |
Millennium Management
New York
|
-$104K |
| 5 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
-$75K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| $3K | +$2.75K | +603 | New |
|
|
CG
52
Cutler Group
San Francisco,
California
| $2K | -$911 | -200 | -36% |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | – | – | – |
|
54
Geode Capital Management
Boston,
Massachusetts
| $239 | -$433 | -95 | -0.2% |
|
|
DCM
55
DG Capital Management
New York
| – | -$1.23M | -245,954 | Closed |
|
|
56
Millennium Management
New York
| – | -$104K | -20,806 | Closed |
|
|
RCM
57
Rotella Capital Management
Bellevue,
Washington
| – | -$75K | -15,112 | Closed |
|
|
PCM
58
Prelude Capital Management
New York
| – | -$11K | -2,300 | Closed |
|
59
Acadian Asset Management
Boston,
Massachusetts
| – | -$3K | -523 | Closed |
|
SALM Hedge Fund Activity: Q1 2016 in Review
54 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q1 2016, worth a combined $40.8M — up 7.4% from $38M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SALM positions and 5 closed out — a net gain of 5 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $207K. The largest seller was Neuberger Berman Group, cutting an estimated $1.39M.
- 54 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q1 2016, up from 50 in Q4 2015.
- Funds reported $40.8M of Salem Media Group, Inc. Class A Common Stock stock for Q1 2016, up 7.4% quarter-over-quarter.
- 10 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q1 2016 and 5 closed out, a net change of +5 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q1 2016 was Morgan Stanley, an estimated $207K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q1 2016 was Neuberger Berman Group, an estimated $1.39M sold.
Based on aggregated 13F filings for Q1 2016.