Barnes & Noble Education
BNED
129 hedge funds and large institutions have $122M invested in Barnes & Noble Education in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 28 reducing their positions, and 19 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 28
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 130 → 129 (-1)
4.04% less ownership
Funds ownership: 77.9% → 73.86% (-4%)
18% less capital invested
Capital invested by funds: $149M → $122M (-$26.6M)
99% less call options, than puts
Call options by funds: $7K | Put options by funds: $804K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$4.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.31M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.51M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$1.49M |
| 5 |
Squarepoint
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$17.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.04M |
| 3 |
SIM
Spark Investment Management
New York
|
-$1.22M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.2M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$466K |
BNED Hedge Fund Activity: Q2 2019 in Review
129 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Barnes & Noble Education (BNED) for Q2 2019, worth a combined $122M — down 18% from $149M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BNED positions and 19 closed out — a net gain of 2 holders — while 58 added to existing stakes and 28 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $4.7M. The largest seller was Abrams Capital Management, exiting entirely with an estimated $17.9M sold.
- 129 institutional investors held Barnes & Noble Education (BNED) as of Q2 2019, down from 130 in Q1 2019.
- Funds reported $122M of Barnes & Noble Education stock for Q2 2019, down 18% quarter-over-quarter.
- 21 funds opened new Barnes & Noble Education positions in Q2 2019 and 19 closed out, a net change of +2 holders.
- The largest Barnes & Noble Education buyer in Q2 2019 was Water Island Capital, an estimated $4.7M added.
- The largest Barnes & Noble Education seller in Q2 2019 was Abrams Capital Management, an estimated $17.9M sold.
Based on aggregated 13F filings for Q2 2019.