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 $23.7M invested in Salem Media Group, Inc. Class A Common Stock in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 11 closing their positions.
600% more call options, than puts
Call options by funds: $42K | Put options by funds: $6K
7% less funds holding
Funds holding: 57 → 53 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
39% less capital invested
Capital invested by funds: $38.9M → $23.7M (-$15.2M)
48% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$767K |
| 2 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
+$300K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$249K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$156K |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.14M |
| 2 |
B
Bailard
Foster City,
California
|
-$484K |
| 3 |
Millennium Management
New York
|
-$393K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$303K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$291K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
51
Bailard
Foster City,
California
| – | -$484K | -93,900 | Closed |
|
|
PP
52
Paloma Partners
Greenwich,
Connecticut
| – | -$291K | -56,599 | Closed |
|
|
MAM
53
Martingale Asset Management
Boston,
Massachusetts
| – | -$190K | -36,832 | Closed |
|
54
JP Morgan Chase
New York
| – | -$82K | -15,892 | Closed |
|
|
OAM
55
Oxford Asset Management
Oxford,
United Kingdom
| – | -$67K | -13,319 | Closed |
|
56
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$48K | -11,049 | -100% |
|
57
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$55K | -10,655 | Closed |
|
58
Jane Street
New York
| – | -$52K | -10,149 | Closed |
|
59
Citigroup
New York
| – | -$38.9K | -8,957 | -100% |
|
60
Bank of America
Charlotte,
North Carolina
| – | -$38K | -7,413 | Closed |
|
61
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$7K | -1,333 | Closed |
|
62
SEI Investments
Oaks,
Pennsylvania
| – | -$5K | -1,030 | Closed |
|
SALM Hedge Fund Activity: Q3 2018 in Review
53 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q3 2018, worth a combined $23.7M — down 39% from $38.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SALM and 8 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 11 added.
The largest buyer was Ancora Advisors, adding an estimated $767K. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $1.14M sold.
- 53 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q3 2018, down from 57 in Q2 2018.
- Funds reported $23.7M of Salem Media Group, Inc. Class A Common Stock stock for Q3 2018, down 39% quarter-over-quarter.
- 8 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q3 2018 and 11 closed out, a net change of -3 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q3 2018 was Ancora Advisors, an estimated $767K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q3 2018 was Kennedy Capital Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2018.