Banner Acquisition Corp. Class A Common Stock
BNNR
BNNR was delisted on the 12th of May, 2023.
51 hedge funds and large institutions have $141M invested in Banner Acquisition Corp. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
16% more capital invested
Capital invested by funds: $121M → $141M (+$19.9M)
11% more funds holding
Funds holding: 46 → 51 (+5)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$11.8M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$6M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$500K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$207K |
| 5 |
Janus Henderson Group
London,
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$633K |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$275K |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$168K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
-$100K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$95.9K |
BNNR Hedge Fund Activity: Q4 2022 in Review
51 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Banner Acquisition Corp. Class A Common Stock (BNNR) for Q4 2022, worth a combined $141M — up 16% from $121M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BNNR positions and 3 closed out — a net gain of 6 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was HGC Investment Management, adding an estimated $11.8M. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $633K sold.
- 51 institutional investors held Banner Acquisition Corp. Class A Common Stock (BNNR) as of Q4 2022, up from 46 in Q3 2022.
- Funds reported $141M of Banner Acquisition Corp. Class A Common Stock stock for Q4 2022, up 16% quarter-over-quarter.
- 9 funds opened new Banner Acquisition Corp. Class A Common Stock positions in Q4 2022 and 3 closed out, a net change of +6 holders.
- The largest Banner Acquisition Corp. Class A Common Stock buyer in Q4 2022 was HGC Investment Management, an estimated $11.8M added.
- The largest Banner Acquisition Corp. Class A Common Stock seller in Q4 2022 was Royal Bank of Canada, an estimated $633K sold.
Based on aggregated 13F filings for Q4 2022.