Salem Media Group, Inc. Class A Common Stock
SALM
SALM was delisted on the 18th of January, 2024.
38 hedge funds and large institutions have $6.71M invested in Salem Media Group, Inc. Class A Common Stock in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 16 reducing their positions, and 7 closing their positions.
5% less funds holding
Funds holding: 40 → 38 (-2)
11% less capital invested
Capital invested by funds: $7.5M → $6.71M (-$792K)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
81% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
+$51.6K |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$51.1K |
| 3 |
Renaissance Technologies
New York
|
+$28K |
| 4 |
Morgan Stanley
New York
|
+$15K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$13.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
-$150K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$67K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$52.3K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$48.1K |
| 5 |
Millennium Management
New York
|
-$41.4K |
SALM Hedge Fund Activity: Q4 2019 in Review
38 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Salem Media Group, Inc. Class A Common Stock (SALM) for Q4 2019, worth a combined $6.71M — down 11% from $7.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SALM and 5 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 3 added.
The largest buyer was OneAscent Financial Services, opening a new position worth an estimated $51.6K. The largest seller was Teton Advisors, cutting an estimated $150K.
- 38 institutional investors held Salem Media Group, Inc. Class A Common Stock (SALM) as of Q4 2019, down from 40 in Q3 2019.
- Funds reported $6.71M of Salem Media Group, Inc. Class A Common Stock stock for Q4 2019, down 11% quarter-over-quarter.
- 5 funds opened new Salem Media Group, Inc. Class A Common Stock positions in Q4 2019 and 7 closed out, a net change of -2 holders.
- The largest Salem Media Group, Inc. Class A Common Stock buyer in Q4 2019 was OneAscent Financial Services, an estimated $51.6K added.
- The largest Salem Media Group, Inc. Class A Common Stock seller in Q4 2019 was Teton Advisors, an estimated $150K sold.
Based on aggregated 13F filings for Q4 2019.