Barnes & Noble Education
BNED
144 hedge funds and large institutions have $305M invested in Barnes & Noble Education in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 42 reducing their positions, and 25 closing their positions.
47% more call options, than puts
Call options by funds: $194K | Put options by funds: $132K
17% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 42
0.04% less ownership
Funds ownership: 0.71% → 0.66% (-0.04%)
3% less funds holding
Funds holding: 149 → 144 (-5)
10% less capital invested
Capital invested by funds: $338M → $305M (-$33.2M)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$5.42M |
| 2 |
SIM
Spark Investment Management
New York
|
+$2.54M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.29M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.42M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$4.71M |
| 2 |
GJL
Gendell Jeffrey L
|
-$4.66M |
| 3 |
CPM
Chesapeake Partners Management
Baltimore,
Maryland
|
-$3.74M |
| 4 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
-$3.28M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$3.28M |
BNED Hedge Fund Activity: Q1 2016 in Review
144 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Barnes & Noble Education (BNED) for Q1 2016, worth a combined $305M — down 9.8% from $338M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BNED and 21 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 49 added.
The largest buyer was Abrams Capital Management, adding an estimated $5.42M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $4.71M sold.
- 144 institutional investors held Barnes & Noble Education (BNED) as of Q1 2016, down from 149 in Q4 2015.
- Funds reported $305M of Barnes & Noble Education stock for Q1 2016, down 9.8% quarter-over-quarter.
- 21 funds opened new Barnes & Noble Education positions in Q1 2016 and 25 closed out, a net change of -4 holders.
- The largest Barnes & Noble Education buyer in Q1 2016 was Abrams Capital Management, an estimated $5.42M added.
- The largest Barnes & Noble Education seller in Q1 2016 was Loomis, Sayles & Company, an estimated $4.71M sold.
Based on aggregated 13F filings for Q1 2016.