Brand Engagement Network
BNAI
10 hedge funds and large institutions have $3.93M invested in Brand Engagement Network in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 8 closing their positions.
2.87% less ownership
Funds ownership: 4.28% → 1.41% (-2.9%)
9% less funds holding
Funds holding: 11 → 10 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
81% less capital invested
Capital invested by funds: $20.7M → $3.93M (-$16.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.52M |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
+$478K |
| 3 |
Millennium Management
New York
|
+$331K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$128K |
| 5 |
JP Morgan Chase
New York
|
+$80K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$3.65M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$2.5M |
| 3 |
AMC
Atlas Merchant Capital
New York
|
-$2.12M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
-$2.12M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.02M |
BNAI Hedge Fund Activity: Q1 2024 in Review
10 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in Brand Engagement Network (BNAI) for Q1 2024, worth a combined $3.93M — down 81% from $20.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BNAI and 7 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Periscope Capital, opening a new position worth an estimated $1.52M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $3.65M sold.
- 10 institutional investors held Brand Engagement Network (BNAI) as of Q1 2024, down from 11 in Q4 2023.
- Funds reported $3.93M of Brand Engagement Network stock for Q1 2024, down 81% quarter-over-quarter.
- 7 funds opened new Brand Engagement Network positions in Q1 2024 and 8 closed out, a net change of -1 holder.
- The largest Brand Engagement Network buyer in Q1 2024 was Periscope Capital, an estimated $1.52M added.
- The largest Brand Engagement Network seller in Q1 2024 was First Trust Capital Management, an estimated $3.65M sold.
Based on aggregated 13F filings for Q1 2024.