Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
65 hedge funds and large institutions have $56.5M invested in Salem Media Group, Inc. Class A Common Stock in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 12 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
1% less capital invested
Capital invested by funds: $57M → $56.5M (-$433K)
10% less funds holding
Funds holding: 72 → 65 (-7)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.85M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.36M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$517K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$379K |
| 5 |
BlackRock
New York
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$620K |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
-$391K |
| 3 |
Neuberger Berman Group
New York
|
-$300K |
| 4 |
SIM
Spark Investment Management
New York
|
-$245K |
| 5 |
Goldman Sachs
New York
|
-$232K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$13K | -1,800 | Closed |
|
77
UBS Group
Zurich,
Switzerland
| – | -$10K | -1,359 | Closed |
|
SALM Hedge Fund Activity: Q2 2017 in Review
65 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q2 2017, worth a combined $56.5M — down 0.76% from $57M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SALM and 5 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $1.85M. The largest seller was Zacks Investment Management, exiting entirely with an estimated $620K sold.
- 65 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q2 2017, down from 72 in Q1 2017.
- Funds reported $56.5M of Salem Media Group, Inc. Class A Common Stock stock for Q2 2017, down 0.76% quarter-over-quarter.
- 5 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q2 2017 and 12 closed out, a net change of -7 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q2 2017 was JP Morgan Chase, an estimated $1.85M added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q2 2017 was Zacks Investment Management, an estimated $620K sold.
Based on aggregated 13F filings for Q2 2017.