Barnes & Noble Education
BNED
82 hedge funds and large institutions have $222M invested in Barnes & Noble Education in 2025 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more call options, than puts
Call options by funds: $2.99M | Put options by funds: $2.14M
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
8.44% more ownership
Funds ownership: 62.51% → 70.95% (+8.4%)
5% more capital invested
Capital invested by funds: $212M → $222M (+$10.1M)
6% less funds holding
Funds holding: 87 → 82 (-5)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$5.06M |
| 2 |
Goldman Sachs
New York
|
+$2.94M |
| 3 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
+$2.75M |
| 4 |
Morgan Stanley
New York
|
+$1.11M |
| 5 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$918K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$738K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$732K |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
-$696K |
| 4 |
Millennium Management
New York
|
-$691K |
| 5 |
Renaissance Technologies
New York
|
-$526K |
BNED Hedge Fund Activity: Q4 2025 in Review
82 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Barnes & Noble Education (BNED) for Q4 2025, worth a combined $222M — up 4.8% from $212M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BNED and 10 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 27 added.
The largest buyer was Prescott Group Capital Management, adding an estimated $5.06M. The largest seller was JP Morgan Chase, cutting an estimated $738K.
- 82 institutional investors held Barnes & Noble Education (BNED) as of Q4 2025, down from 87 in Q3 2025.
- Funds reported $222M of Barnes & Noble Education stock for Q4 2025, up 4.8% quarter-over-quarter.
- 10 funds opened new Barnes & Noble Education positions in Q4 2025 and 15 closed out, a net change of -5 holders.
- The largest Barnes & Noble Education buyer in Q4 2025 was Prescott Group Capital Management, an estimated $5.06M added.
- The largest Barnes & Noble Education seller in Q4 2025 was JP Morgan Chase, an estimated $738K sold.
Based on aggregated 13F filings for Q4 2025.