Barnes & Noble Education
BNED
149 hedge funds and large institutions have $338M invested in Barnes & Noble Education in 2015 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 26 closing their positions.
59% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $907K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
3% more funds holding
Funds holding: 144 → 149 (+5)
7% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 43
0.02% less ownership
Funds ownership: 0.72% → 0.71% (-0.02%)
24% less capital invested
Capital invested by funds: $443M → $338M (-$104M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$13.5M |
| 2 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
+$7.53M |
| 3 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$4.23M |
| 4 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$3.17M |
| 5 |
WHI
William Harris Investors
Chicago,
Illinois
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$14.3M |
| 2 |
Renaissance Technologies
New York
|
-$10.6M |
| 3 |
State Street
Boston,
Massachusetts
|
-$6.24M |
| 4 |
SC
Selz Capital
New York
|
-$5.7M |
| 5 |
TA
Teachers Advisors
New York
|
-$4.54M |
BNED Hedge Fund Activity: Q4 2015 in Review
149 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Barnes & Noble Education (BNED) for Q4 2015, worth a combined $338M — down 24% from $443M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BNED positions and 26 closed out — a net gain of 8 holders — while 46 added to existing stakes and 43 trimmed.
The largest buyer was Abrams Capital Management, adding an estimated $13.5M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $14.3M sold.
- 149 institutional investors held Barnes & Noble Education (BNED) as of Q4 2015, up from 144 in Q3 2015.
- Funds reported $338M of Barnes & Noble Education stock for Q4 2015, down 24% quarter-over-quarter.
- 34 funds opened new Barnes & Noble Education positions in Q4 2015 and 26 closed out, a net change of +8 holders.
- The largest Barnes & Noble Education buyer in Q4 2015 was Abrams Capital Management, an estimated $13.5M added.
- The largest Barnes & Noble Education seller in Q4 2015 was Whale Rock Capital Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q4 2015.