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Barnes & Noble Education
BNED

71 hedge funds and large institutions have $219M invested in Barnes & Noble Education in 2025 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 15

17% more capital invested

Capital invested by funds: $187M → $219M (+$32.7M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0.2% less ownership

Funds ownership: 61.55% → 61.35% (-0.2%)

4% less funds holding

Funds holding: 74 → 71 (-3)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

41% less call options, than puts

Call options by funds: $491K | Put options by funds: $831K

Holders
71
Holders Change
-3
Holders Change %
-4.05%
% of All Funds
0.95%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
16
Increased
26
Reduced
15
Closed
18
Calls
$491K
Puts
$831K
Net Calls
-$340K
Net Calls Change
-$8.79M

Top Buyers

1
KWM
Kanen Wealth Management
Florida
+$7.48M
2
GRIM
Greenhaven Road Investment Management
Connecticut
+$5.67M
3
Millennium Management
Millennium Management
New York
+$3.08M
4
Morgan Stanley
Morgan Stanley
New York
+$2.9M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$2.87M

Top Sellers

1
KLP
Kent Lake PR
Puerto Rico
-$5.02M
2
Renaissance Technologies
Renaissance Technologies
New York
-$1.98M
3
AE
AMH Equity
New York
-$803K
4
AAP
Ardsley Advisory Partners
Connecticut
-$803K
5
CCM
Corsair Capital Management
New York
-$527K
Name Holding Trade Value Shares
Change 		Change in
Stake
I
1
Immersion
Florida
$118M +$2.09M +202,044 +2%
KWM
2
Kanen Wealth Management
Florida
$32.4M +$7.48M +724,683 +31%
GRIM
3
Greenhaven Road Investment Management
Connecticut
$11.2M +$5.67M +549,265 +106%
Vanguard Group
4
Vanguard Group
Pennsylvania
$7.9M +$231K +22,387 +3%
6CM
5
683 Capital Management
New York
$5.41M +$1.7M +165,000 +47%
Marshall Wace
6
Marshall Wace
United Kingdom
$4.31M +$1.1M +106,239 +35%
Morgan Stanley
7
Morgan Stanley
New York
$4.15M +$2.9M +280,517 +244%
Millennium Management
8
Millennium Management
New York
$3.69M +$3.08M +298,366 +561%
CP
9
CenterBook Partners
Connecticut
$3.63M +$2.1M +203,523 +143%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$3.07M +$2.87M +278,202 +2,015%
PGCM
11
Prescott Group Capital Management
Oklahoma
$3.04M – – –
BlackRock
12
BlackRock
New York
$2.32M -$230K -22,224 -9%
DA
13
DCF Advisers
Connecticut
$2.16M +$307K +29,730 +17%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$1.89M +$241K +23,366 +15%
CF
15
Centaurus Financial
California
$1.58M +$1.56M +150,873 New
JP Morgan Chase
16
JP Morgan Chase
New York
$1.28M +$1.26M +121,885 +2,031,417%
Goldman Sachs
17
Goldman Sachs
New York
$1.09M +$529K +51,190 +97%
MA
18
MYDA Advisors
New York
$1.05M -$289K -28,000 -22%
ACA
19
Apis Capital Advisors
New York
$893K – – –
UBS Group
20
UBS Group
Switzerland
$797K +$333K +32,230 +74%
State Street
21
State Street
Massachusetts
$732K +$129K +12,500 +22%
Man Group
22
Man Group
United Kingdom
$596K -$424K -41,095 -42%
Raymond James Financial
23
Raymond James Financial
Florida
$593K +$583K +56,435 New
OAC
24
OMERS Administration Corp
Ontario, Canada
$590K +$219K +21,200 +61%
BNP Paribas Financial Markets
25
BNP Paribas Financial Markets
France
$517K +$508K +49,205 +4,920,500%
1
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BNED Hedge Fund Activity: Q1 2025 in Review

71 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Barnes & Noble Education (BNED) for Q1 2025, worth a combined $219M — up 17% from $187M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of BNED and 16 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 26 added.

The largest buyer was Kanen Wealth Management, adding an estimated $7.48M. The largest seller was Kent Lake PR, exiting entirely with an estimated $5.02M sold.

  • 71 institutional investors held Barnes & Noble Education (BNED) as of Q1 2025, down from 74 in Q4 2024.
  • Funds reported $219M of Barnes & Noble Education stock for Q1 2025, up 17% quarter-over-quarter.
  • 16 funds opened new Barnes & Noble Education positions in Q1 2025 and 18 closed out, a net change of -2 holders.
  • The largest Barnes & Noble Education buyer in Q1 2025 was Kanen Wealth Management, an estimated $7.48M added.
  • The largest Barnes & Noble Education seller in Q1 2025 was Kent Lake PR, an estimated $5.02M sold.

Based on aggregated 13F filings for Q1 2025.