Vault-13

TOWNSQUARE MEDIA INC TSQ

CL A · Common Stock · CUSIP 892231101

American radio network and media company

52 institutional holders -4 vs Q4 2022
8,253,7278.3m shares reported held*
$66.0mreported value*
2 new 14 added 16 reduced 7 sold out net sold ≈ $3.4m (-427.1k 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. Holder counts are more reliable. Implied quarter-end price ≈ $8.00. Options: 2 managers hold calls ($8.8k notional), 2 hold puts ($8.0k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 56Q4 22: 56Q1 23: 5252Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202256
Q4 202256
Q1 202352

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 14 bought or addedQ4 22: 28 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 23 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221428
Q1 20231623

Calls vs puts

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

CallsPuts
$0$2.5k$5k$7.5k$10kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $1.0kQ4 22 puts: $6.5kQ4 22P/C 6.53Q1 23 calls: $8.8kQ1 23 puts: $8.0kQ1 23P/C 0.91
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$1.0k$6.5k6.53
Q1 2023$8.8k$8.0k0.91

Biggest buyers

GEODE CAPITAL MANAGEMENT, LLC Added +31,703+31.7k
BECK MACK & OLIVER LLC Added +23,249+23.2k
JANE STREET GROUP, LLC New +17,420+17.4k
Krilogy Financial LLC Added +16,000+16.0k
VANGUARD GROUP INC Added +13,838+13.8k
Corton Capital Inc. New +10,891+10.9k
FEDERATED HERMES, INC. Added +8,485+8.5k
GAMCO INVESTORS, INC. ET AL Added +7,682+7.7k
Janney Montgomery Scott LLC Added +4,467+4.5k
CITADEL ADVISORS LLC Added +3,979+4.0k

Biggest sellers

Praetorian Capital Management LLC Sold out -328,203-328.2k
BlackRock Inc. Reduced -59,606-59.6k
Russell Investments Group, Ltd. Sold out -49,813-49.8k
ACADIAN ASSET MANAGEMENT LLC Reduced -27,529-27.5k
Ancora Advisors LLC Reduced -24,020-24.0k
BANK OF AMERICA CORP /DE/ Reduced -21,296-21.3k
AMERICAN CENTURY COMPANIES INC Reduced -17,555-17.6k
DIMENSIONAL FUND ADVISORS LP Reduced -11,893-11.9k
BANK OF MONTREAL /CAN/ Sold out -10,500-10.5k
SEI INVESTMENTS CO Reduced -3,850-3.9k

Biggest calls

CITADEL ADVISORS LLC New $8.8k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $8.0k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

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 in Q1 2023

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
101Q2 21: 0 buyingQ2 21: 0 sellingQ3 21: 0 buyingQ3 21: 0 sellingQ3 21Q4 21: 1 buyingQ4 21: 0 sellingQ1 22: 0 buyingQ1 22: 0 sellingQ1 22Q2 22: 0 buyingQ2 22: 0 sellingQ3 22: 0 buyingQ3 22: 0 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 0 buyingQ1 23: 0 sellingQ1 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20210—0——
Q3 20210—0——
Q4 20211$13.0k0——
Q1 20220—0——
Q2 20220—0——
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MSD CAPITAL, L.P. 2.87% of their portfolio NEW YORK, NY 1,518,8271.5m $12.2m $12.2m 2.87% Unchanged
2 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 860,521860.5k $6.9m $6.9m 0.01% Reduced -17.6k -17,555
3 BECK MACK & OLIVER LLC 0.16% of their portfolio NEW YORK, NY 684,961685.0k $5.5m $5.5m 0.16% Added +23.2k +23,249
4 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 523,271523.3k $4.2m $4.2m 0.00% Reduced -11.9k -11,893
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 506,700506.7k $4.1m $4.1m 0.00% Added +13.8k +13,838
6 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 471,252471.3k $3.8m $3.8m 0.01% Reduced -2.0k -2,000
7 JB CAPITAL PARTNERS LP 0.89% of their portfolio Armonk, NY 467,807467.8k $3.7m $3.7m 0.89% Unchanged
8 Praetorian PR LLC 2.52% of their portfolio RINCON, PR 420,000420.0k $3.4m $3.4m 2.52% First filing
9 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 320,514320.5k $2.6m $2.6m 0.03% Added +7.7k +7,682
10 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.06% of their portfolio HOUSTON, TX 276,510276.5k $2.2m $2.2m 0.06% Reduced -2.1k -2,090
11 FULLER & THALER ASSET MANAGEMENT, INC. 0.01% of their portfolio SAN MATEO, CA 251,035251.0k $2.0m $2.0m 0.01% Reduced -230 -230
12 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 214,169214.2k $1.7m $1.7m 0.01% Reduced -27.5k -27,529
13 Hillsdale Investment Management Inc. 0.12% of their portfolio Toronto, A6 172,497172.5k $1.4m $1.4m 0.12% Added +3.0k +3,000
14 BlackRock Inc. 0.00% of their portfolio New York, NY 159,606159.6k $1.3m $1.3m 0.00% Reduced -59.6k -59,606
15 Teton Advisors, Inc. 0.32% of their portfolio Rye, NY 150,000150.0k $1.2m $1.2m 0.32% Unchanged
16 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 135,215135.2k $1.1m $1.1m 0.00% Added +8.5k +8,485
17 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 119,065119.1k $952.5k $952.5k 0.00% Added +31.7k +31,703
18 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 100,948100.9k $807.6k $807.6k 0.00% Reduced -3.9k -3,850
19 GLOBEFLEX CAPITAL L P 0.10% of their portfolio SAN DIEGO, CA 97,80497.8k $782.4k $782.4k 0.10% Unchanged
20 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 78,87678.9k $631.0k $631.0k 0.00% Reduced -3.4k -3,355
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 66,36266.4k $530.9k $530.9k 0.00% Added +2.5k +2,518
22 RBF Capital, LLC 0.04% of their portfolio RENO, NV 65,43065.4k $524.0k $524.0k 0.04% Unchanged
23 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 62,80062.8k $502.0k $502.0k 0.00% Reduced -1.0k -1,000
24 Mork Capital Management, LLC 0.39% of their portfolio HEALDSBURG, CA 60,00060.0k $480.0k $480.0k 0.39% Unchanged
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 50,47150.5k $403.8k $403.8k 0.00% Unchanged
26 BOYAR ASSET MANAGEMENT INC. 0.26% of their portfolio NEW YORK, NY 42,14242.1k $337.1k $337.1k 0.26% Unchanged
27 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 40,80040.8k $326.4k $326.4k 0.00% Reduced -3.2k -3,200
28 Krilogy Financial LLC 0.03% of their portfolio ST. LOUIS, MO 40,00040.0k $320.0k $320.0k 0.03% Added +16.0k +16,000
29 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 34,47734.5k $275.8k $275.8k 0.00% Added +277 +277
30 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 33,33933.3k $273.0k $273.0k 0.00% Unchanged
31 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 30,73030.7k $245.8k $245.8k 0.00% Reduced -2.5k -2,500
32 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 24,10124.1k $193.0k $193.0k 0.00% Added +4.5k +4,467
33 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 23,83023.8k $190.6k $190.6k 0.01% Reduced -24.0k -24,020
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 23,65023.6k $190.0k $190.0k 0.00% Reduced -2.0k -2,000
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,28321.3k $170.3k $170.3k 0.00% Reduced -21.3k -21,296
36 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 20,59520.6k $164.8k $164.8k 0.00% Added +836 +836
37 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 20,54720.5k $164.4k $164.4k 0.00% Added +4.0k +3,979
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 17,42017.4k $139.4k $139.4k 0.00% New
39 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 15,50015.5k $124.0k $124.0k 0.00% Added +500 +500
40 Corton Capital Inc. 0.06% of their portfolio Carrying Place, A6 10,89110.9k $87.1k $87.1k 0.06% New
41 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 10,57710.6k $84.6k $84.6k 0.00% Unchanged
42 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,0042.0k $16.0k $16.0k 0.00% Unchanged
43 Bartlett & Co. LLC 0.00% of their portfolio CINCINNATI, OH 2,0002.0k $16.0k $16.0k 0.00% Unchanged
44 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 2,0002.0k $16.4k $16.4k 0.00% Unchanged
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5691.6k $12.6k $12.6k 0.00% Reduced -635 -635
46 HM PAYSON & CO 0.00% of their portfolio PORTLAND, ME 500500 $4.0k $4.0k 0.00% Added +200 +200
47 Addison Advisors LLC 0.00% of their portfolio MIDDLEBURY, VT 499499 $4.0k $4.0k 0.00% Unchanged
48 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 337337 $2.7k $2.7k 0.00% Unchanged
49 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 179179 $1.4k $1.4k 0.00% Unchanged
50 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 100100 $800 $800 0.00% Unchanged
51 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1616 $128 $128 0.00% Unchanged
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged