Barnes & Noble Education
BNED
136 hedge funds and large institutions have $200M invested in Barnes & Noble Education in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 42 reducing their positions, and 20 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 42
1% more capital invested
Capital invested by funds: $199M → $200M (+$1.51M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 0.75% → 0.74% (-0.01%)
7% less funds holding
Funds holding: 146 → 136 (-10)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
82% less call options, than puts
Call options by funds: $155K | Put options by funds: $861K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.65M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
+$1.56M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.54M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$895K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$3.55M |
| 2 |
JP Morgan Chase
New York
|
-$1.8M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.42M |
| 4 |
Millennium Management
New York
|
-$1.23M |
| 5 |
Morgan Stanley
New York
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
151
Poehling Capital Management
Madison,
Wisconsin
| – | -$2K | -4 | Closed |
|
152
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -4 | Closed |
|
|
AG
153
Advisor Group
Phoenix,
Arizona
| – | -$566 | -1 | -50% |
|
|
JA
154
JOYN Advisors
Atlanta,
Georgia
| – | +$566 | +1 | New |
|
BNED Hedge Fund Activity: Q3 2018 in Review
136 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Barnes & Noble Education (BNED) for Q3 2018, worth a combined $200M — up 0.76% from $199M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BNED and 12 opened new positions — a net loss of 8 holders — while 42 trimmed existing stakes and 53 added.
The largest buyer was AJO LP, opening a new position worth an estimated $1.65M. The largest seller was Russell Investments Group, cutting an estimated $3.55M.
- 136 institutional investors held Barnes & Noble Education (BNED) as of Q3 2018, down from 146 in Q2 2018.
- Funds reported $200M of Barnes & Noble Education stock for Q3 2018, up 0.76% quarter-over-quarter.
- 12 funds opened new Barnes & Noble Education positions in Q3 2018 and 20 closed out, a net change of -8 holders.
- The largest Barnes & Noble Education buyer in Q3 2018 was AJO LP, an estimated $1.65M added.
- The largest Barnes & Noble Education seller in Q3 2018 was Russell Investments Group, an estimated $3.55M sold.
Based on aggregated 13F filings for Q3 2018.