Cumulus Media Inc.
Cumulus Media Inc. (CMLS) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · CMLS · as of Mar 31, 2025
Ownership Breakdown
35
Institutional Holders
$2.43M
Total Inst. Value
▼ $1.23M vs Q4
17.13M
Shares Outstanding
freeFloat 87.85%
5.47M
13F Shares Held
▼ 71,819 vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
CMLS largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
ZAZOVE ASSOCIATES LLC radio broadcasting stations | 1.53M | 8.88% | 8.88% | $675.57M | May 13, 2025 | — held |
CAPITAL WORLD INVESTORS radio broadcasting stations | 779.4K | 4.53% | 4.53% | $344.48M | May 12, 2025 | — held |
VANGUARD GROUP INC radio broadcasting stations | 666.0K | 3.87% | 3.87% | $294.36M | May 9, 2025 | ▼ 10.5K |
OAK HILL ADVISORS LP radio broadcasting stations | 531.8K | 3.09% | 3.09% | $235.06M | May 15, 2025 | — held |
ACADIAN ASSET MANAGEMENT LLC radio broadcasting stations | 425.0K | 2.47% | 2.47% | $187.00M | May 21, 2025 | — held |
DIMENSIONAL FUND ADVISORS LP radio broadcasting stations | 319.6K | 1.86% | 1.86% | $141.28M | May 13, 2025 | ▼ 134.6K |
CITADEL ADVISORS LLC radio broadcasting stations | 180.0K | 1.05% | 1.05% | $79.54M | May 15, 2025 | ▲ 166.0K |
GEODE CAPITAL MANAGEMENT, LLC radio broadcasting stations | 152.8K | 88.82% | 88.82% | $67.56M | May 13, 2025 | ▼ 53 |
CITADEL ADVISORS LLC radio broadcasting stations | 132.6K | 77.07% | 77.07% | $58.61M | May 15, 2025 | ▲ 109.9K |
BLACKROCK, INC. radio broadcasting stations | 100.2K | 58.24% | 58.24% | $44.29M | May 2, 2025 | ▼ 85.6K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
5
Increased
+294.4K shares4
New Positions
first time holders14
Decreased
−338.0K shares4
Sold Out
fully exitedNet shares change (top 50)
43.6K
+294.4K / −338.0K
Net new holders
-9
4 new / 4 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
CMLS insider trading · insider activity
Source: SEC Form 4
6
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
No recent insider transactions reported.
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Cumulus Media Inc. (CMLS) is primarily owned by institutional investors, who hold approximately 31.9% of total shares outstanding. Company insiders own approximately 12.15%, while retail and public investors account for the remaining 55.94%.
The largest institutional shareholder of Cumulus Media Inc. is ZAZOVE ASSOCIATES LLC, holding approximately 1.53 million shares — equal to 8.88% of outstanding shares — as of March 31, 2025.
A total of 35 institutional investors currently hold CMLS stock, with a combined institutional value of approximately $2,426,674 as of the most recent 13F filing period.
Frequently asked questions
CMLS ownershipCumulus Media Inc. (CMLS) is primarily owned by institutional investors, who hold approximately 31.9% of shares. The largest shareholder is ZAZOVE ASSOCIATES LLC with a 8.88% stake. Company insiders hold 12.15%. Data sourced from SEC Form 13F as of March 31, 2025.