Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
74 hedge funds and large institutions have $46.7M invested in Salem Media Group, Inc. Class A Common Stock in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
41% more call options, than puts
Call options by funds: $41K | Put options by funds: $29K
7% more funds holding
Funds holding: 69 → 74 (+5)
17% less capital invested
Capital invested by funds: $56.4M → $46.7M (-$9.76M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$802K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$730K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$391K |
| 4 |
Renaissance Technologies
New York
|
+$357K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$1.55M |
| 2 |
Morgan Stanley
New York
|
-$503K |
| 3 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$236K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$177K |
| 5 |
SSG
Summit Securities Group
New York
|
-$176K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSG
76
Summit Securities Group
New York
| – | -$176K | -24,334 | Closed |
|
|
DLA
77
Douglas Lane & Associates
New York
| – | -$94K | -13,000 | Closed |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$22K | -3,000 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$3K | -447 | Closed |
|
SALM Hedge Fund Activity: Q3 2016 in Review
74 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q3 2016, worth a combined $46.7M — down 17% from $56.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SALM positions and 5 closed out — a net gain of 5 holders — while 26 added to existing stakes and 16 trimmed.
The largest buyer was Zacks Investment Management, opening a new position worth an estimated $802K. The largest seller was Neuberger Berman Group, cutting an estimated $1.55M.
- 74 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q3 2016, up from 69 in Q2 2016.
- Funds reported $46.7M of Salem Media Group, Inc. Class A Common Stock stock for Q3 2016, down 17% quarter-over-quarter.
- 10 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q3 2016 and 5 closed out, a net change of +5 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q3 2016 was Zacks Investment Management, an estimated $802K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q3 2016 was Neuberger Berman Group, an estimated $1.55M sold.
Based on aggregated 13F filings for Q3 2016.