Barnes & Noble Education
BNED
90 hedge funds and large institutions have $217M invested in Barnes & Noble Education in 2026 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
59% more call options, than puts
Call options by funds: $3.31M | Put options by funds: $2.08M
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
10% more funds holding
Funds holding: 82 → 90 (+8)
0.57% more ownership
Funds ownership: 70.95% → 71.51% (+0.57%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $222M → $217M (-$5.03M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.68M |
| 2 |
HF
HRT Financial
New York
|
+$821K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$697K |
| 4 |
Barclays
London,
United Kingdom
|
+$593K |
| 5 |
VCM
Voleon Capital Management
Berkeley,
California
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$1.71M |
| 2 |
Morgan Stanley
New York
|
-$510K |
| 3 |
Millennium Management
New York
|
-$308K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$298K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$278K |
BNED Hedge Fund Activity: Q1 2026 in Review
90 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Barnes & Noble Education (BNED) for Q1 2026, worth a combined $217M — down 2.3% from $222M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BNED positions and 12 closed out — a net gain of 11 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was Bank of America, adding an estimated $1.68M. The largest seller was Caption Management, exiting entirely with an estimated $1.71M sold.
- 90 institutional investors held Barnes & Noble Education (BNED) as of Q1 2026, up from 82 in Q4 2025.
- Funds reported $217M of Barnes & Noble Education stock for Q1 2026, down 2.3% quarter-over-quarter.
- 23 funds opened new Barnes & Noble Education positions in Q1 2026 and 12 closed out, a net change of +11 holders.
- The largest Barnes & Noble Education buyer in Q1 2026 was Bank of America, an estimated $1.68M added.
- The largest Barnes & Noble Education seller in Q1 2026 was Caption Management, an estimated $1.71M sold.
Based on aggregated 13F filings for Q1 2026.