Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
70 hedge funds and large institutions have $35.9M invested in Salem Media Group, Inc. Class A Common Stock in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 10 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
9% more funds holding
Funds holding: 64 → 70 (+6)
31% less capital invested
Capital invested by funds: $52.3M → $35.9M (-$16.5M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$982K |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$439K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$313K |
| 4 |
Millennium Management
New York
|
+$301K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$897K |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$527K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$442K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$296K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$271K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
76
Alexandria Capital
Arlington,
Virginia
| – | -$46K | -6,900 | Closed |
|
|
CG
77
Cutler Group
San Francisco,
California
| – | -$4.28K | -800 | -83% |
|
78
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4K | -600 | Closed |
|
|
STA
79
Summit Trail Advisors
New York
| – | +$536 | +100 | New |
|
SALM Hedge Fund Activity: Q4 2017 in Review
70 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q4 2017, worth a combined $35.9M — down 31% from $52.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SALM positions and 10 closed out — a net gain of 6 holders — while 23 added to existing stakes and 14 trimmed.
The largest buyer was First Wilshire Securities Management, opening a new position worth an estimated $982K. The largest seller was Bank of New York Mellon, cutting an estimated $897K.
- 70 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q4 2017, up from 64 in Q3 2017.
- Funds reported $35.9M of Salem Media Group, Inc. Class A Common Stock stock for Q4 2017, down 31% quarter-over-quarter.
- 16 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q4 2017 and 10 closed out, a net change of +6 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q4 2017 was First Wilshire Securities Management, an estimated $982K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q4 2017 was Bank of New York Mellon, an estimated $897K sold.
Based on aggregated 13F filings for Q4 2017.