Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
64 hedge funds and large institutions have $29.3M invested in Salem Media Group, Inc. Class A Common Stock in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 11 closing their positions.
9% less funds holding
Funds holding: 70 → 64 (-6)
18% less capital invested
Capital invested by funds: $35.9M → $29.3M (-$6.58M)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.32M |
| 2 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$939K |
| 3 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$462K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$442K |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1,000K |
| 2 |
Neuberger Berman Group
New York
|
-$601K |
| 3 |
Renaissance Technologies
New York
|
-$452K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$432K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$281K |
SALM Hedge Fund Activity: Q1 2018 in Review
64 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q1 2018, worth a combined $29.3M — down 18% from $35.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SALM and 6 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 18 added.
The largest buyer was Foundry Partners, opening a new position worth an estimated $1.32M. The largest seller was JP Morgan Chase, cutting an estimated $1,000K.
- 64 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q1 2018, down from 70 in Q4 2017.
- Funds reported $29.3M of Salem Media Group, Inc. Class A Common Stock stock for Q1 2018, down 18% quarter-over-quarter.
- 6 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q1 2018 and 11 closed out, a net change of -5 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q1 2018 was Foundry Partners, an estimated $1.32M added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q1 2018 was JP Morgan Chase, an estimated $1,000K sold.
Based on aggregated 13F filings for Q1 2018.