BNB PLUS CORP BNBX
COM NEW · Common Stock · CUSIP 03815U607
American publicly traded digital asset management company listed on NASDAQ (BNBX)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 4.4m as of 2025-12-15, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $1.23.
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 19 |
| Q3 2025 | 19 |
| Q4 2025 | 21 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2025 | 6 | 8 |
| Q4 2025 | 9 | 6 |
Biggest buyers
| Galaxy Group Investments LLC | New | +188.2k |
| SABBY MANAGEMENT, LLC | New | +54.0k |
| GEODE CAPITAL MANAGEMENT, LLC | New | +28.8k |
| VANGUARD GROUP INC | New | +16.7k |
| Tower Research Capital LLC (TRC) | Added | +2.7k |
| SBI Securities Co., Ltd. | New | +146 |
| BANK OF AMERICA CORP /DE/ | Added | +27 |
| Kohmann Bosshard Financial Services, LLC | New | +1 |
| CITIGROUP INC | New | +1 |
Biggest sellers
| FNY Investment Advisers, LLC | Sold out | -30.1k |
| Clear Street Group Inc. | Sold out | -3.0k |
| UBS Group AG | Reduced | -370 |
| COUNTRY TRUST BANK | Sold out | -1 |
| Advisory Services Network, LLC | Sold out | -1 |
| Activest Wealth Management | Sold out | 0 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| KGPLA Holdings LLC 13D · may seek influence +0.1 pts · filed 2026-08-27 | 20.0% |
| Off the Chain Capital, LLC 13G · institution new · filed 2026-02-13 | 10.0% |
| INTRACOASTAL CAPITAL, LLC 13G · passive investor new · filed 2025-09-08 | 10.0% |
Comstock MultiChain Fund, L.P.
13D · may seek influence
no change · filed 2026-09-04
Stated purposeItem 4 of the Schedule 13D is hereby amended to add the following: Strategic Review Update; Relationship to GlobalStake. The strategic review of the Issuer's businesses being conducted by an affiliate of the Reporting Persons has been substantially undertaken, and the Board has considered and, in certain cases, begun to implement recommendations arising from that review. Specifically, an existing asset management agreement has been terminated, resulting in significant net savings for the Issuer. In addition, the review suggested the addition to the Board of members with digital asset and related industry experience. Richard Shorten indirectly controls GlobalStake, the entity engaged by the Issuer to conduct the strategic review, and serves as the engagement leader for GlobalStake's engage… Full filing |
9.9% |
Fell to 5% or below in the last year: SABBY MANAGEMENT, LLC (4.9%, 2026-01-07)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| Galaxy Group Investments LLC 0.03% of their portfolio | 188.2k $231.5k | New |
| SABBY MANAGEMENT, LLC 0.55% of their portfolio | 54.0k $66.4k | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 28.8k $35.4k | New |
| VANGUARD GROUP INC 0.00% of their portfolio | 16.7k $20.5k | New |
| UBS Group AG 0.00% of their portfolio | 4.1k $5.1k | Reduced -370 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 3.6k $4.4k | Added +2.7k |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 146 $180 | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 37 $45 | Added +27 |
| BlackRock, Inc. 0.00% of their portfolio | 4 $5 | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 3 $4 | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3 $3 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2 $2 | Unchanged |
| MAI Capital Management 0.00% of their portfolio | 2 $3 | Unchanged |
| DANSKE BANK A/S 0.00% of their portfolio | 1 $1 | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 1 $1 | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1 $0 | Unchanged |
| NATIXIS 0.00% of their portfolio | 1 $1 | Unchanged |
| Westside Investment Management, Inc. 0.00% of their portfolio | 1 $1 | Unchanged |
| Kohmann Bosshard Financial Services, LLC 0.00% of their portfolio | 1 $2 | New |
| Dakota Community Bank & Trust NA 0.00% of their portfolio | 1 $1 | Unchanged |
| Wealth Preservation Advisors, LLC 0.00% of their portfolio | 1 $1 | Unchanged |