Banner Acquisition Corp. Units
BNNRU
BNNRU was delisted on the 12th of May, 2023.
12 hedge funds and large institutions have $24.3M invested in Banner Acquisition Corp. Units in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 0 closing their positions.
9% more funds holding
Funds holding: 11 → 12 (+1)
34% less capital invested
Capital invested by funds: $36.9M → $24.3M (-$12.6M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$159K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$17.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$992 |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
1
HGC Investment Management
Toronto,
Ontario, Canada
| $11.8M | -$11.8M | -1,185,000 | -50% |
|
2
Calamos Advisors
Naperville,
Illinois
| $5.95M | – | – | – |
|
|
WC
3
Wealthspring Capital
West Harrison,
New York
| $2.85M | -$107K | -10,750 | -4% |
|
|
SIA
4
Schechter Investment Advisors
Birmingham,
Michigan
| $2.58M | -$12.4K | -1,250 | -0.5% |
|
|
SMA
5
Sage Mountain Advisors
Atlanta,
Georgia
| $463K | -$1.09M | -109,893 | -70% |
|
|
LCM
6
Landscape Capital Management
Englewood,
New Jersey
| $285K | – | – | – |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $158K | +$159K | +15,986 | New |
|
|
CCM
8
Condor Capital Management
Martinsville,
New Jersey
| $119K | – | – | – |
|
|
CS
9
Clear Street
New York
| $52K | -$32.5K | -3,272 | -39% |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| $39K | +$17.9K | +1,799 | +82% |
|
|
11
UBS Group
Zurich,
Switzerland
| $11K | +$992 | +100 | +10% |
|
BNNRU Hedge Fund Activity: Q3 2022 in Review
12 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Banner Acquisition Corp. Units (BNNRU) for Q3 2022, worth a combined $24.3M — down 34% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new BNNRU positions and 0 closed out — a net gain of 1 holder — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $159K. The largest seller was HGC Investment Management, cutting an estimated $11.8M.
- 12 institutional investors held Banner Acquisition Corp. Units (BNNRU) as of Q3 2022, up from 11 in Q2 2022.
- Funds reported $24.3M of Banner Acquisition Corp. Units stock for Q3 2022, down 34% quarter-over-quarter.
- 1 fund opened new Banner Acquisition Corp. Units positions in Q3 2022 and 0 closed out, a net change of +1 holder.
- The largest Banner Acquisition Corp. Units buyer in Q3 2022 was Susquehanna International Group, an estimated $159K added.
- The largest Banner Acquisition Corp. Units seller in Q3 2022 was HGC Investment Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2022.