Vault-13

TOWNSQUARE MEDIA INC TSQ

CL A · Common Stock · CUSIP 892231101

American radio network and media company

62 institutional holders -3 vs Q1 2026
9,485,2759.5m shares reported held*
$66.9mreported value*
7 new 16 added 19 reduced 9 sold out net bought ≈ $266.5k (+37.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($816.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.06. Options: 1 managers hold calls ($2.8k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 56Q4 22: 56Q1 23: 52Q2 23: 73Q3 23: 73Q4 23: 73Q1 24: 78Q2 24: 80Q3 24: 83Q4 24: 82Q1 25: 92Q2 25: 88Q3 25: 77Q4 25: 67Q1 26: 65Q2 26: 6262Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202256
Q4 202256
Q1 202352
Q2 202373
Q3 202373
Q4 202373
Q1 202478
Q2 202480
Q3 202483
Q4 202482
Q1 202592
Q2 202588
Q3 202577
Q4 202567
Q1 202665
Q2 202662

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 24: 36 bought or addedQ3 24: 30 cut or sold outQ4 24: 43 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 47 bought or addedQ1 25: 24 cut or sold outQ2 25: 48 bought or addedQ2 25: 47 cut or sold outQ2 25Q3 25: 33 bought or addedQ3 25: 50 cut or sold outQ4 25: 26 bought or addedQ4 25: 39 cut or sold outQ4 25Q1 26: 29 bought or addedQ1 26: 38 cut or sold outQ2 26: 23 bought or addedQ2 26: 28 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243630
Q4 20244323
Q1 20254724
Q2 20254847
Q3 20253350
Q4 20252639
Q1 20262938
Q2 20262328

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1k$2k$3kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $514Q4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $543Q1 26 puts: $0Q1 26P/C 0.00Q2 26 calls: $2.8kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$514$00.00
Q1 2026$543$00.00
Q2 2026$2.8k$00.00

Biggest buyers

CAPITAL MANAGEMENT CORP /VA Added +371,733+371.7k
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Added +38,565+38.6k
Ancora Advisors LLC New +32,930+32.9k
CITADEL ADVISORS LLC New +28,549+28.5k
JANE STREET GROUP, LLC New +26,646+26.6k
TWO SIGMA INVESTMENTS, LP Added +20,018+20.0k
VANGUARD CAPITAL MANAGEMENT LLC Added +19,888+19.9k
Trexquant Investment LP Added +18,755+18.8k
UBS Group AG Added +16,164+16.2k
RITHOLTZ WEALTH MANAGEMENT Added +14,266+14.3k

Biggest sellers

BECK MACK & OLIVER LLC Reduced -141,252-141.3k
MSD CAPITAL, L.P. Reduced -111,745-111.7k
Access Investment Management LLC Reduced -77,700-77.7k
ACADIAN ASSET MANAGEMENT LLC Sold out -55,575-55.6k
BOYAR ASSET MANAGEMENT INC. Reduced -30,896-30.9k
HighTower Advisors, LLC Sold out -27,237-27.2k
WELLS FARGO & COMPANY/MN Reduced -27,000-27.0k
GEODE CAPITAL MANAGEMENT, LLC Reduced -20,026-20.0k
Engineers Gate Manager LP Sold out -18,100-18.1k
Connor, Clark & Lunn Investment Management Ltd. Reduced -17,688-17.7k

Biggest calls

SIMPLEX TRADING, LLC Added $2.8k400 shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
CAPITAL MANAGEMENT CORP /VA 13G · institution +2.7 pts · filed 2026-10-22 18.7% +2.7 pts 3.4m≈ $24.1m 2026-10-22
MSD CAPITAL, L.P. 13G · passive investor -1.1 pts · filed 2026-05-15 7.2% -1.1 pts 1.2m≈ $8.7m 2026-05-15

Fell to 5% or below in the last year: AMERICAN CENTURY INVESTMENT MANAGEMENT INC (4.9%, 2026-08-14), BECK MACK & OLIVER LLC (—, 2026-05-12)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q4 24: 1 buyingQ4 24: 2 sellingQ1 25: 0 buyingQ1 25: 3 sellingQ1 25Q2 25: 1 buyingQ2 25: 1 sellingQ3 25: 2 buyingQ3 25: 0 sellingQ3 25Q4 25: 1 buyingQ4 25: 1 sellingQ1 26: 1 buyingQ1 26: 2 sellingQ1 26Q2 26: 1 buyingQ2 26: 3 sellingQ3 26: 0 buyingQ3 26: 1 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20241$1.5k2$341.9k—
Q1 20250—3$200.2k—
Q2 20251$5.2k1$246.3k—
Q3 20252$389.3k0——
Q4 20251$5.4k1$28.8k—
Q1 20261$6.5k2$645.8k—
Q2 20261$6.1k3$774.7k—
Q3 20260—1$829.7k—
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-12 Wilson Bill Chief Executive Officer, director Sold 21,420 $5.54 $118.7k21.4k shares -1%
2026-08-11 Wilson Bill Chief Executive Officer, director Sold 126,744 $5.61 $711.0k126.7k shares -4%
2026-06-09 Hellum Erik COO Sold 35,000 $6.44 $225.4k35.0k shares -4%
2026-05-28 WORSHEK ROBERT L. SVP, Chief Accounting Officer Sold 34,299 $6.62 $227.1k34.3k shares -19%
2026-05-20 Yenicay Claire Marie EVP, Inv Rel and Corp Comm Sold 19,716 $6.09 $120.1k19.7k shares -8%
2026-05-19 Yenicay Claire Marie EVP, Inv Rel and Corp Comm Sold 15,718 $6.04 $94.9k15.7k shares -6%
2026-05-18 Yenicay Claire Marie EVP, Inv Rel and Corp Comm Sold 17,717 $6.05 $107.2k17.7k shares -6%
2026-05-04 Schatz Scott EVP, Finance Op and Tech Bought 943 $6.51 $6.1k943 shares +1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CAPITAL MANAGEMENT CORP /VA 3.04% of their portfolio GLEN ALLEN, VA 2,866,3402.9m $20.3m $20.3m 3.04% Added +371.7k +371,733
2 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 824,004824.0k $5.8m $5.8m 0.00% Reduced -3.7k -3,730
3 MSD CAPITAL, L.P. 4.27% of their portfolio NEW YORK, NY 615,279615.3k $4.4m $4.4m 4.27% Reduced -111.7k -111,745
4 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 543,853543.9k $3.8m $3.8m 0.00% Added +19.9k +19,888
5 BECK MACK & OLIVER LLC 0.07% of their portfolio NEW YORK, NY 473,400473.4k $3.3m $3.3m 0.07% Reduced -141.3k -141,252
6 JB CAPITAL PARTNERS LP 0.50% of their portfolio Armonk, NY 467,807467.8k $3.2m $3.2m 0.50% Unchanged
7 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 424,463424.5k $3.0m $3.0m 0.00% Reduced -17.0k -17,000
8 RBF Capital, LLC 0.12% of their portfolio RENO, NV 393,474393.5k $2.8m $2.8m 0.12% Unchanged
9 GAMCO INVESTORS, INC. ET AL 0.02% of their portfolio GREENWICH, CT 381,618381.6k $2.7m $2.7m 0.02% Reduced -2.9k -2,900
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 234,934234.9k $1.7m $1.7m 0.00% Added +820 +820
11 CastleKnight Management LP 0.06% of their portfolio New York, NY 214,220214.2k $1.5m $1.5m 0.06% Unchanged
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 173,974174.0k $1.2m $1.2m 0.00% Added +13.5k +13,525
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 158,940158.9k $1.1m $1.1m 0.00% Reduced -20.0k -20,026
14 Teton Advisors, LLC 0.47% of their portfolio GREENWICH, CT 115,000115.0k $813.0k $813.0k 0.47% Unchanged
15 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 110,163110.2k $778.9k $778.9k 0.01% Unchanged
16 GSA CAPITAL PARTNERS LLP 0.05% of their portfolio LONDON, X0 106,761106.8k $755.0k $755.0k 0.05% Reduced -723 -723
17 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 94,43394.4k $667.6k $667.6k 0.00% Unchanged
18 Advyzon Investment Management, LLC 0.05% of their portfolio LISLE, IL 93,74293.7k $662.8k $662.8k 0.05% Added +3.1k +3,078
19 Indivisible Partners 0.04% of their portfolio CLEARWATER, FL 91,64691.6k $647.9k $647.9k 0.04% Added +3.0k +3,006
20 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 84,66484.7k $598.6k $598.6k 0.00% Added +38.6k +38,565
21 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 82,78482.8k $585.3k $585.3k 0.00% Added +20.0k +20,018
22 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 79,77679.8k $564.0k $564.0k 0.00% Added +551 +551
23 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 73,91273.9k $522.6k $522.6k 0.00% Added +18.8k +18,755
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 71,26371.3k $503.8k $503.8k 0.00% Added +16.2k +16,164
25 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 63,30063.3k $447.5k $447.5k 0.00% Unchanged
26 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 61,72761.7k $436.4k $436.4k 0.00% Unchanged
27 BOYAR ASSET MANAGEMENT INC. 0.23% of their portfolio NEW YORK, NY 55,87755.9k $395.1k $395.1k 0.23% Reduced -30.9k -30,896
28 Access Investment Management LLC 0.10% of their portfolio ATLANTA, GA 53,87553.9k $380.9k $380.9k 0.10% Reduced -77.7k -77,700
29 Daytona Street Capital LLC 0.27% of their portfolio SAINT LOUIS, MO 53,04253.0k $364.9k $364.9k 0.27% Unchanged
30 Krilogy Financial LLC 0.01% of their portfolio ST. LOUIS, MO 50,00050.0k $353.5k $353.5k 0.01% Unchanged
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 48,81548.8k $345.1k $345.1k 0.00% Added +273 +273
32 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 45,30545.3k $320.0k $320.0k 0.00% Reduced -542 -542
33 RITHOLTZ WEALTH MANAGEMENT 0.00% of their portfolio NEW YORK, NY 43,40043.4k $306.8k $306.8k 0.00% Added +14.3k +14,266
34 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 33,31133.3k $235.5k $235.5k 0.00% Reduced -488 -488
35 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 32,93032.9k $232.8k $232.8k 0.00% New
36 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 32,68332.7k $231.1k $231.1k 0.00% Reduced -5.3k -5,320
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 31,00031.0k $219.2k $219.2k 0.00% Added +1 +1
38 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 28,54928.5k $201.8k $201.8k 0.00% New
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 28,44428.4k $201.1k $201.1k 0.00% Reduced -24 -24
40 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 26,64626.6k $188.4k $188.4k 0.00% New
41 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 25,53325.5k $180.5k $180.5k 0.00% Added +1.7k +1,710
42 Empowered Funds, LLC 0.00% of their portfolio NEWTOWN SQUARE, PA 23,86323.9k $168.7k $168.7k 0.00% Unchanged
43 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 23,71223.7k $167.6k $167.6k 0.00% Reduced -8.7k -8,707
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 13,50513.5k $95.5k $95.5k 0.00% Reduced -3.7k -3,737
45 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 10,71810.7k $75.8k $75.8k 0.00% Reduced -17.7k -17,688
46 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 10,55110.6k $74.6k $74.6k 0.00% New
47 Centiva Capital, LP 0.00% of their portfolio New York, NY 10,48010.5k $74.1k $74.1k 0.00% New
48 Crews Bank & Trust 0.00% of their portfolio PORT CHARLOTTE, FL 5,1005.1k $36.1k $36.1k 0.00% Unchanged
49 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 4,2164.2k $29.8k $29.8k 0.00% Unchanged
50 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 2,0002.0k $14.1k $14.1k 0.00% Unchanged
51 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 2,0002.0k $14.1k $14.1k 0.00% Unchanged
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,5001.5k $11.0k $11.0k 0.00% Reduced -1.5k -1,493
53 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,0321.0k $7.3k $7.3k 0.00% Unchanged
54 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 444444 $3.1k $3.1k 0.00% Added +13 +13
55 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 300300 $2.1k $2.1k 0.00% New
56 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 157157 $1.1k $1.1k 0.00% Unchanged
57 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 118118 $834 $834 0.00% New
58 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 101101 $714 $714 0.00% Unchanged
59 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9292 $640 $640 0.00% Unchanged
60 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 66 $42 $42 0.00% Reduced -168 -168
61 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $4 $4 0.00% Reduced -27.0k -27,000
62 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 11 $7 $7 0.00% Unchanged