Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
57 hedge funds and large institutions have $38.9M invested in Salem Media Group, Inc. Class A Common Stock in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 20 closing their positions.
33% more capital invested
Capital invested by funds: $29.3M → $38.9M (+$9.65M)
11% less funds holding
Funds holding: 64 → 57 (-7)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$914K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$386K |
| 3 |
B
Bailard
Foster City,
California
|
+$358K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$328K |
| 5 |
Goldman Sachs
New York
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.97M |
| 2 |
State Street
Boston,
Massachusetts
|
-$640K |
| 3 |
Neuberger Berman Group
New York
|
-$475K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$350K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$257K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$164 | +43 | New |
|
|
GWS
77
Glassman Wealth Services
Vienna,
Virginia
| – | +$221 | +58 | New |
|
SALM Hedge Fund Activity: Q2 2018 in Review
57 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q2 2018, worth a combined $38.9M — up 33% from $29.3M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SALM and 13 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 14 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $914K. The largest seller was BlackRock, cutting an estimated $1.97M.
- 57 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q2 2018, down from 64 in Q1 2018.
- Funds reported $38.9M of Salem Media Group, Inc. Class A Common Stock stock for Q2 2018, up 33% quarter-over-quarter.
- 13 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q2 2018 and 20 closed out, a net change of -7 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q2 2018 was Millennium Management, an estimated $914K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q2 2018 was BlackRock, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2018.