Salem Media Group Inc. (SALM)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Mink Brook Asset Management Llc	354,553	$301,441	0.26%
2.	Byrne Asset Management Llc	19,003	$16,156	0.01%
3.	Proequities, Inc.PUT	0	$0	0%
4.	Proequities, Inc.CALL	0	$0	0%
5.	Psi Advisors, Llc	0	$0	0%