Banner Acquisition Corp. Units
BNNRU
BNNRU was delisted on the 12th of May, 2023.
19 hedge funds and large institutions have $46.1M invested in Banner Acquisition Corp. Units in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 24 closing their positions.
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
49% less funds holding
Funds holding: 37 → 19 (-18)
66% less capital invested
Capital invested by funds: $134M → $46.1M (-$88.4M)
75% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 24
Top Buyers
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$4.4M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$689K |
| 3 |
Morgan Stanley
New York
|
+$643K |
| 4 |
Walleye Capital
New York
|
+$185K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$94.8K |
Top Sellers
BNNRU Hedge Fund Activity: Q4 2021 in Review
19 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Banner Acquisition Corp. Units (BNNRU) for Q4 2021, worth a combined $46.1M — down 66% from $134M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BNNRU and 6 opened new positions — a net loss of 18 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $4.4M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $14.8M sold.
- 19 institutional investors held Banner Acquisition Corp. Units (BNNRU) as of Q4 2021, down from 37 in Q3 2021.
- Funds reported $46.1M of Banner Acquisition Corp. Units stock for Q4 2021, down 66% quarter-over-quarter.
- 6 funds opened new Banner Acquisition Corp. Units positions in Q4 2021 and 24 closed out, a net change of -18 holders.
- The largest Banner Acquisition Corp. Units buyer in Q4 2021 was Cubist Systematic Strategies, an estimated $4.4M added.
- The largest Banner Acquisition Corp. Units seller in Q4 2021 was Polar Asset Management Partners, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2021.