Banner Acquisition Corp. Units
BNNRU
BNNRU was delisted on the 12th of May, 2023.
7 hedge funds and large institutions have $3.72M invested in Banner Acquisition Corp. Units in 2022 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 5 closing their positions.
42% less funds holding
Funds holding: 12 → 7 (-5)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
85% less capital invested
Capital invested by funds: $24.3M → $3.72M (-$20.5M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| 1 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$84.9K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Schechter Investment Advisors
Birmingham,
Michigan
| $2.71M | +$84.9K | +8,500 | +3% |
|
|
LCM
2
Landscape Capital Management
Englewood,
New Jersey
| $289K | – | – | – |
|
|
SMA
3
Sage Mountain Advisors
Atlanta,
Georgia
| $251K | -$218K | -21,807 | -47% |
|
|
WC
4
Wealthspring Capital
West Harrison,
New York
| $241K | -$2.64M | -264,171 | -92% |
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $116K | -$43.8K | -4,383 | -27% |
|
|
CCM
6
Condor Capital Management
Martinsville,
New Jersey
| $101K | -$20K | -2,000 | -17% |
|
7
UBS Group
Zurich,
Switzerland
| $11.5K | – | – | – |
|
|
HIM
8
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$11.8M | -1,185,000 | Closed |
|
9
Calamos Advisors
Naperville,
Illinois
| – | -$5.95M | -600,000 | Closed |
|
|
CS
10
Clear Street
New York
| – | -$52K | -5,216 | Closed |
|
|
WAM
11
Wolverine Asset Management
Chicago,
Illinois
| – | -$39K | -3,999 | Closed |
|
BNNRU Hedge Fund Activity: Q4 2022 in Review
7 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Banner Acquisition Corp. Units (BNNRU) for Q4 2022, worth a combined $3.72M — down 85% from $24.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BNNRU and 0 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Schechter Investment Advisors, adding an estimated $84.9K. The largest seller was HGC Investment Management, exiting entirely with an estimated $11.8M sold.
- 7 institutional investors held Banner Acquisition Corp. Units (BNNRU) as of Q4 2022, down from 12 in Q3 2022.
- Funds reported $3.72M of Banner Acquisition Corp. Units stock for Q4 2022, down 85% quarter-over-quarter.
- 0 funds opened new Banner Acquisition Corp. Units positions in Q4 2022 and 5 closed out, a net change of -5 holders.
- The largest Banner Acquisition Corp. Units buyer in Q4 2022 was Schechter Investment Advisors, an estimated $84.9K added.
- The largest Banner Acquisition Corp. Units seller in Q4 2022 was HGC Investment Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q4 2022.