Barnes & Noble Education
BNED
135 hedge funds and large institutions have $232M invested in Barnes & Noble Education in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 37 reducing their positions, and 23 closing their positions.
34% more capital inflows, than outflows
Capital inflows: $33.5M | Capital outflows: $25M
2.6% more ownership
Funds ownership: 69.22% → 71.82% (+2.6%)
3% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 140 → 135 (-5)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
64% less call options, than puts
Call options by funds: $213K | Put options by funds: $590K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$6.11M |
| 2 |
Ancora Advisors
Cleveland,
Ohio
|
+$5.49M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$3.4M |
| 4 |
Caption Management
Oklahoma City,
Oklahoma
|
+$2.47M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.21M |
| 2 |
Abrams Capital Management
Boston,
Massachusetts
|
-$3M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.92M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.2M |
| 5 |
Two Sigma Investments
New York
|
-$1.17M |
BNED Hedge Fund Activity: Q1 2018 in Review
135 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Barnes & Noble Education (BNED) for Q1 2018, worth a combined $232M — down 13% from $268M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BNED and 20 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 38 added.
The largest buyer was Russell Investments Group, adding an estimated $6.11M. The largest seller was Millennium Management, cutting an estimated $6.21M.
- 135 institutional investors held Barnes & Noble Education (BNED) as of Q1 2018, down from 140 in Q4 2017.
- Funds reported $232M of Barnes & Noble Education stock for Q1 2018, down 13% quarter-over-quarter.
- 20 funds opened new Barnes & Noble Education positions in Q1 2018 and 23 closed out, a net change of -3 holders.
- The largest Barnes & Noble Education buyer in Q1 2018 was Russell Investments Group, an estimated $6.11M added.
- The largest Barnes & Noble Education seller in Q1 2018 was Millennium Management, an estimated $6.21M sold.
Based on aggregated 13F filings for Q1 2018.