Cumulus Media Ownership | Who Owns Cumulus Media?


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Cumulus Media Ownership Summary


Cumulus Media is owned by 32.62% institutional investors, 18.53% insiders, and 48.86% retail investors. Zazove associates is the largest institutional shareholder, holding 9.02% of CMLS shares. Capital Guardian US High Yield FI S1 is the top mutual fund, with 3.31% of its assets in Cumulus Media shares.

CMLS Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockCumulus Media32.62%18.53%48.86%
SectorCommunication Services Stocks 31.68%14.81%53.51%
IndustryBroadcasting Stocks 29.44%19.38%51.18%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Zazove associates1.53M9.02%$1.02M
Capital world investors779.37K4.60%$508.93K
Vanguard group676.46K3.99%$441.73K
Oak hill advisors lp531.81K3.14%$356.31K
Dimensional fund advisors lp454.21K2.68%$296.63K
Acadian asset management424.98K2.51%$276.00K
Blackrock202.40K1.21%$412.89K
Blackrock funding, inc. /de185.84K1.10%$124.51K
Bridgeway capital management160.28K0.95%$104.66K
Geode capital management152.86K0.90%$99.85K

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Zazove associates1.53M0.10%$1.02M
Oak hill advisors lp531.81K0.07%$356.31K
Bridgeway capital management160.28K0.00%$104.66K
Acadian asset management424.98K0.00%$276.00K
Xtx topco10.42K0.00%$6.80K
Sigma planning21.70K0.00%$14.54K
Empowered funds17.28K0.00%$11.28K
Dimensional fund advisors lp454.21K0.00%$296.63K
Capital world investors779.37K0.00%$508.93K
Engineers gate manager lp11.94K0.00%$8.00K

Top Buyers

HolderShares% AssetsChange
Zazove associates1.53M0.10%70.00K
Xtx topco10.42K0.00%10.42K
Ubs group86.99K-7.27K
Simplex trading6.17K-5.39K
Blackrock202.40K-3.48K

Top Sellers

HolderShares% AssetsChange
Garden state investment advisory services---145.50K
Castleknight management lp---124.50K
Balanced rock investment advisor---107.72K
Gsa capital partners llp---91.95K
Jacobs levy equity management---84.48K

Sold Out

HolderChange
Innealta capital-1.00
Citigroup-2.00
Qube research-75.00
Capital advisors-197.00
Federated hermes-262.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Dec 31, 202432-28.89%5,524,591-8.68%322.56%9-43.75%9-30.77%
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%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Capital Guardian US High Yield FI S1561.84K3.31%-
American Funds American High-Inc A561.84K3.31%-
Vanguard Total Stock Mkt Idx Inv422.70K2.45%-
Vanguard US Total Market Shares ETF422.70K2.45%-
Vanguard Institutional Extnd Mkt Idx Tr227.16K1.32%-
American Funds Income Fund of Amer A217.53K1.28%-
Dimensional US Targeted Value ETF107.13K0.62%-
Bridgeway Ultra-Small Company Market75.00K0.44%-
Fidelity Extended Market Index73.55K0.43%-469.00
DFA US Small Cap I63.78K0.37%-1.93K

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 32.62%, followed by 18.53% insiders and 48.85% retail investors. The average institutional ownership in Cumulus Media's industry, Broadcasting Stocks , is 29.44%, which Cumulus Media exceeds.

Who owns the most shares of Cumulus Media?

Cumulus Media’s largest shareholders are Zazove associates (1.53M shares, 9.02%), Capital world investors (779.37K shares, 4.60%), and Vanguard group (676.46K shares, 3.99%). Together, they hold 17.62% 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 0.10% of its assets in 1.53M Cumulus Media shares, valued at 1.02M$.

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 3.31% of its total shares outstanding invested in 561.84K Cumulus Media shares.

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