Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
72 hedge funds and large institutions have $57M invested in Salem Media Group, Inc. Class A Common Stock in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 5 closing their positions.
17% more capital invested
Capital invested by funds: $48.7M → $57M (+$8.26M)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
5% less funds holding
Funds holding: 76 → 72 (-4)
26% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.63M |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$284K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$265K |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$179K |
| 5 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$957K |
| 2 |
Morgan Stanley
New York
|
-$278K |
| 3 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$211K |
| 4 |
Citigroup
New York
|
-$126K |
| 5 |
APCM
Arbiter Partners Capital Management
New York
|
-$96.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
MUFG Americas
New York
| – | -$2K | -275 | Closed |
|
77
Barclays
London,
United Kingdom
| – | -$791 | -116 | -67% |
|
SALM Hedge Fund Activity: Q1 2017 in Review
72 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q1 2017, worth a combined $57M — up 17% from $48.7M a quarter earlier.
Fund positioning in SALM was balanced in Q1 2017: 5 funds opened new positions, 5 closed out, 20 added to existing stakes and 27 trimmed.
The largest buyer was BlackRock, adding an estimated $5.63M. The largest seller was Neuberger Berman Group, cutting an estimated $957K.
- 72 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q1 2017, down from 76 in Q4 2016.
- Funds reported $57M of Salem Media Group, Inc. Class A Common Stock stock for Q1 2017, up 17% quarter-over-quarter.
- 5 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q1 2017 and 5 closed out, a net change of 0 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q1 2017 was BlackRock, an estimated $5.63M added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q1 2017 was Neuberger Berman Group, an estimated $957K sold.
Based on aggregated 13F filings for Q1 2017.