Banner Acquisition Corp. Units
BNNRU
BNNRU was delisted on the 12th of May, 2023.
4 hedge funds and large institutions have $1.15M invested in Banner Acquisition Corp. Units in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 4 closing their positions.
43% less funds holding
Funds holding: 7 → 4 (-3)
69% less capital invested
Capital invested by funds: $3.72M → $1.15M (-$2.56M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$26.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$1.93M |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$251K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$241K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$116K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Schechter Investment Advisors
Birmingham,
Michigan
| $821K | -$1.93M | -189,820 | -70% |
|
|
LCM
2
Landscape Capital Management
Englewood,
New Jersey
| $295K | – | – | – |
|
|
GCL
3
Glazer Capital LLC
New York
| $27K | +$26.4K | +2,600 | New |
|
4
UBS Group
Zurich,
Switzerland
| $10.9K | -$905 | -89 | -8% |
|
|
SMA
5
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$251K | -25,000 | Closed |
|
|
WC
6
Wealthspring Capital
West Harrison,
New York
| – | -$241K | -23,770 | Closed |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$116K | -11,603 | Closed |
|
|
CCM
8
Condor Capital Management
Martinsville,
New Jersey
| – | -$101K | -10,040 | Closed |
|
BNNRU Hedge Fund Activity: Q1 2023 in Review
4 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Banner Acquisition Corp. Units (BNNRU) for Q1 2023, worth a combined $1.15M — down 69% from $3.72M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BNNRU and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $26.4K. The largest seller was Schechter Investment Advisors, cutting an estimated $1.93M.
- 4 institutional investors held Banner Acquisition Corp. Units (BNNRU) as of Q1 2023, down from 7 in Q4 2022.
- Funds reported $1.15M of Banner Acquisition Corp. Units stock for Q1 2023, down 69% quarter-over-quarter.
- 1 fund opened new Banner Acquisition Corp. Units positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest Banner Acquisition Corp. Units buyer in Q1 2023 was Glazer Capital LLC, an estimated $26.4K added.
- The largest Banner Acquisition Corp. Units seller in Q1 2023 was Schechter Investment Advisors, an estimated $1.93M sold.
Based on aggregated 13F filings for Q1 2023.