Cumulus Media Ownership | Who Owns Cumulus Media?


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Cumulus Media Ownership Summary


Cumulus Media is owned by 35.72% institutional investors, 17.47% insiders, and 46.81% retail investors. Zazove associates is the largest institutional shareholder, holding 8.74% of CMLS shares. Capital Guardian US High Yield FI S1 is the top mutual fund, with 3.32% of its assets in Cumulus Media shares.

CMLS Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockCumulus Media35.72%17.47%46.81%
SectorCommunication Services Stocks 41.41%13.19%45.40%
IndustryBroadcasting Stocks 37.59%19.05%43.36%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Zazove associates1.46M8.74%$2.98M
Capital world investors779.37K4.67%$1.59M
Vanguard group676.46K4.05%$1.38M
Dimensional fund advisors lp549.77K3.29%$1.12M
Oak hill advisors lp531.81K3.19%$1.08M
Acadian asset management426.22K2.55%$868.00K
Blackrock202.40K1.21%$412.89K
Bridgeway capital management175.38K1.05%$357.77K
Geode capital management167.59K1.00%$341.97K
American century companies138.54K0.83%$282.63K

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Zazove associates1.46M0.34%$2.98M
Balanced rock investment advisor90.58K0.16%$184.78K
Oak hill advisors lp531.81K0.15%$1.08M
Ejf capital84.51K0.13%$172.40K
Castleknight management lp124.50K0.01%$253.98K
Bridgeway capital management175.38K0.01%$357.77K
Covestor2.85K0.00%$6.00K
Acadian asset management426.22K0.00%$868.00K
Sigma planning39.92K0.00%$81.44K
O'shaughnessy asset management29.83K0.00%$60.85K

Top Buyers

HolderShares% AssetsChange
Acadian asset management426.22K0.00%15.92K
Balanced rock investment advisor90.58K0.16%10.23K
Blackrock202.40K-3.48K
State street59.92K-2.20K
Simplex trading1.90K-1.90K

Top Sellers

HolderShares% AssetsChange
Gsa capital partners llp---91.95K
Jacobs levy equity management---84.48K
Dimensional fund advisors lp549.77K0.00%-40.27K
O'shaughnessy asset management29.83K0.00%-33.63K
American century companies138.54K0.00%-24.62K

Sold Out

HolderChange
Innealta capital-1.00
Qube research-75.00
Capital advisors-197.00
Federated hermes-262.00
Fmr-1.03K

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Sep 30, 202445-8.16%6,050,017-0.29%352.70%1713.33%12-36.84%
Jun 30, 202449-10.91%6,067,374-4.81%362.67%15-37.50%1946.15%
Mar 31, 202455-3.51%6,374,259-2.24%362.35%24-13-13.33%
Dec 31, 202357-6.56%6,520,2822.20%393.10%2414.29%15-25.00%
Sep 30, 202361-3.17%6,379,799-6.22%352.58%21-8.70%20-31.03%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Capital Guardian US High Yield FI S1561.84K3.32%-
American Funds American High-Inc A561.84K3.31%-
Vanguard Total Stock Mkt Idx Inv422.70K2.49%-
Vanguard Institutional Extnd Mkt Idx Tr227.16K1.34%-
American Funds Income Fund of Amer A217.53K1.28%-
Dimensional US Targeted Value ETF115.19K0.68%-105.00
DFA US Targeted Value I95.67K0.56%-24.69K
Fidelity Extended Market Index75.75K0.45%-499.00
Bridgeway Ultra-Small Company Market75.00K0.44%30.00K
DFA US Small Cap I74.40K0.44%-

Recent Insider Transactions


DateNameRoleActivityValue
May 02, 2022Denning Richard EVP,General Counsel&SecretarySell$34.27K
May 02, 2022Milner David Edward President - OperationsSell$40.86K
Jan 19, 2021BRIGADE CAPITAL MANAGEMENT, LP-Sell$1.22M
Nov 16, 2020BRIGADE CAPITAL MANAGEMENT, LP-Sell$129.64K
Nov 16, 2020BRIGADE CAPITAL MANAGEMENT, LP-Sell$163.50K

Insider Transactions Trends


DateBuySell
2024 Q2--
2024 Q1--
2023 Q2--
2023 Q1--
2022 Q3--

CMLS Ownership FAQ


Who Owns Cumulus Media?

Cumulus Media shareholders are primarily institutional investors at 35.72%, followed by 17.47% insiders and 46.81% retail investors. The average institutional ownership in Cumulus Media's industry, Broadcasting Stocks , is 37.59%, which Cumulus Media falls below.

Who owns the most shares of Cumulus Media?

Cumulus Media’s largest shareholders are Zazove associates (1.46M shares, 8.74%), Capital world investors (779.37K shares, 4.67%), and Vanguard group (676.46K shares, 4.05%). Together, they hold 17.47% of Cumulus Media’s total shares outstanding.

Does Blackrock own Cumulus Media?

Yes, BlackRock owns 1.21% of Cumulus Media, totaling 202.4K shares as of Jun 2024. This represents 0% of BlackRock's total assets, with a market value of 412.89K$. In the last quarter, BlackRock increased its holdings by 3.48K shares, a 1.75% change.

Who is Cumulus Media’s biggest shareholder by percentage of total assets invested?

Zazove associates is Cumulus Media’s biggest shareholder by percentage of total assets invested, with 0.34% of its assets in 1.46M Cumulus Media shares, valued at 2.98M$.

Who is the top mutual fund holder of Cumulus Media shares?

Capital Guardian US High Yield FI S1 is the top mutual fund holder of Cumulus Media shares, with 3.32% of its total shares outstanding invested in 561.84K Cumulus Media shares.

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