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SALEM MEDIA GROUP INC
SALEM MEDIA GROUP INC. Institutional holdings reported to the SEC.

Institutional Holders (2014Q1)
Portfolio Summary: 59 Institutional holders with a total value of $74,984,549.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 GAMCO INVESTORS, INC. ET AL 1,241,378 12,401,000 16.54%
2 DIMENSIONAL FUND ADVISORS LP 898,764 8,979,000 11.97%
3 GABELLI FUNDS LLC 641,054 6,404,000 8.54%
4 Portolan Capital Management, LLC 623,577 6,230,000 8.31%
5 Neuberger Berman Group LLC 598,246 5,976,000 7.97%
6 Teton Advisors, Inc. 559,158 5,586,000 7.45%
7 BlackRock Institutional Trust Company, N.A. 497,607 4,971,000 6.63%
8 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 445,000 4,446,000 5.93%
9 BlackRock Fund Advisors 301,589 3,013,000 4.02%
10 BRIDGEWAY CAPITAL MANAGEMENT, LLC 182,400 1,822,000 2.43%
11 VANGUARD GROUP INC 173,792 1,736,000 2.32%
12 Ancora Advisors LLC 169,919 1,697,000 2.26%
13 RENAISSANCE TECHNOLOGIES LLC 156,600 1,564,000 2.09%
14 NORTHERN TRUST CORP 138,700 1,386,000 1.85%
15 STATE STREET CORP 119,150 1,190,000 1.59%
16 Bank of New York Mellon Corp 103,258 1,032,000 1.38%
17 Arbiter Partners Capital Management LLC 46,099 461,000 0.61%
18 BlackRock Investment Management, LLC 43,739 437,000 0.58%
19 GEODE CAPITAL MANAGEMENT, LLC 40,140 400,000 0.53%
20 ROYAL BANK OF CANADA 39,150 391,000 0.52%
21 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 39,300 368,000 0.49%
22 TIAA CREF INVESTMENT MANAGEMENT LLC 35,598 356,000 0.47%
23 MORGAN STANLEY 32,416 325,000 0.43%
24 BLACKROCK ADVISORS LLC 28,662 286,000 0.38%
25 Brandywine Global Investment Management, LLC 20,130 202,000 0.27%
26 RBF Capital, LLC 20,045 200,000 0.27%
27 FMR LLC 20,000 200,000 0.27%
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 19,800 198,000 0.26%
29 Invesco Ltd. 19,764 197,000 0.26%
30 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 18,597 186,000 0.25%
31 PRICE T ROWE ASSOCIATES INC /MD/ 18,350 183,000 0.24%
32 TFS CAPITAL LLC 18,070 181,000 0.24%
33 NORTHPOINTE CAPITAL LLC 17,540 175,000 0.23%
34 Arete Wealth Advisors, LLC 17,103 171,000 0.23%
35 LSV ASSET MANAGEMENT 14,800 147,000 0.20%
36 TEACHERS ADVISORS, LLC 12,971 130,000 0.17%
37 RHUMBLINE ADVISERS 12,432 124,000 0.17%
38 Nationwide Fund Advisors 12,206 122,000 0.16%
39 CREDIT SUISSE AG/ 12,204 122,000 0.16%
40 PARAMETRIC PORTFOLIO ASSOCIATES LLC 10,698 107,000 0.14%
41 ProShare Advisors LLC 10,495 105,000 0.14%
42 Evercore Wealth Management, LLC 10,300 103,000 0.14%
43 PARADIGM CAPITAL MANAGEMENT INC/NY 10,000 100,000 0.13%
44 CITIGROUP INC 8,284 83,000 0.11%
45 ClariVest Asset Management LLC 7,600 76,000 0.10%
46 BARCLAYS PLC 8,324 75,000 0.10%
47 CORNERSTONE CAPITAL MANAGEMENT HOLDINGS LLC. 7,200 72,000 0.10%
48 AMERICAN INTERNATIONAL GROUP, INC. 7,062 70,549 0.09%
49 Alexandria Capital, LLC 5,300 53,000 0.07%
50 UBS AG 5,100 51,000 0.07%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.