Vault-13

BANYAN ACQUISITION CORPORATI PNSTQ

CL A COM · Common Stock · CUSIP 06690B107

41 institutional holders -4 vs Q1 2024
6,937,8596.9m shares reported held*
$18.4mreported value*
7 new 5 added 7 reduced 11 sold out net sold ≈ $1.3m (-387.0k shares)

* 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. Implied quarter-end price ≈ $2.66.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 54Q4 22: 59Q1 23: 60Q2 23: 25Q3 23: 25Q4 23: 11Q1 24: 45Q2 24: 4141Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202254
Q4 202259
Q1 202360
Q2 202325
Q3 202325
Q4 202311
Q1 202445
Q2 202441

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 19 bought or addedQ4 22: 13 cut or sold outQ4 22Q1 23: 13 bought or addedQ1 23: 19 cut or sold outQ2 23: 19 bought or addedQ2 23: 51 cut or sold outQ2 23Q3 23: 7 bought or addedQ3 23: 6 cut or sold outQ4 23: 3 bought or addedQ4 23: 22 cut or sold outQ4 23Q1 24: 39 bought or addedQ1 24: 5 cut or sold outQ2 24: 12 bought or addedQ2 24: 18 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221913
Q1 20231319
Q2 20231951
Q3 202376
Q4 2023322
Q1 2024395
Q2 20241218

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ3 23 calls: $276.4kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $0Q2 24 puts: $0Q2 24P/C —
Numbers
QuarterCallsPutsP/C
Q3 2023$276.4k$00.00
Q4 2023$0$0—
Q1 2024$0$0—
Q2 2024$0$0—

Biggest buyers

GOODNOW INVESTMENT GROUP, LLC New +406,408+406.4k
KKM Financial LLC New +144,912+144.9k
Quarry LP New +84,236+84.2k
OSAIC HOLDINGS, INC. New +71,998+72.0k
GEODE CAPITAL MANAGEMENT, LLC Added +69,111+69.1k
COOPERMAN LEON G New +68,824+68.8k
Connecticut Wealth Management, LLC New +32,000+32.0k
WELLS FARGO & COMPANY/MN Added +19,041+19.0k
BERKSHIRE ASSET MANAGEMENT LLC/PA New +12,714+12.7k
BlackRock Inc. Added +7,339+7.3k

Biggest sellers

MORGAN STANLEY Reduced -911,978-912.0k
BANK OF AMERICA CORP /DE/ Reduced -143,828-143.8k
LINCOLN NATIONAL CORP Sold out -71,998-72.0k
Creative Planning Sold out -50,857-50.9k
CIBC Private Wealth Group LLC Sold out -27,238-27.2k
GOLDMAN SACHS GROUP INC Sold out -21,556-21.6k
AMERIPRISE FINANCIAL INC Sold out -19,200-19.2k
JPMORGAN CHASE & CO Sold out -18,890-18.9k
Virtu Financial LLC Sold out -13,339-13.3k
LANDAAS & CO /WI /ADV Reduced -11,000-11.0k

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.

HolderStakeChangeShares Last filed
Oaktree Value Equity Fund, L.P. 13D · may seek influence +1.4 pts · filed 2025-03-11
Stated purposeItem 4 to the Schedule 13D is hereby amended to incorporate the following at the end thereof and the information set forth in Item 3 and Item 6, each as amended by this Amendment No. 1, is hereby incorporated by reference in its entirety. Binding Letter of Intent in Respect of Recapitalization Transaction On March 7, 2025, the Issuer entered into a binding letter of intent (the "Letter of Intent") with OCM with respect to a recapitalization of the Issuer. The Letter of Intent provides, among other things, that: (i) the Issuer will issue a number of Class A Shares to the Oaktree Lenders such that the Oaktree Lenders will hold 85%, and existing stockholders will hold 15% of the Issuer's Common Stock following the closing of recapitalization transaction, all subject to dilution from Common … Full filing
 8.6% +1.4 pts 3.9m 2025-03-11

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Brookfield Corp /ON/ 0.05% of their portfolio TORONTO, A6 2,759,9322.8m $7.6m $7.6m 0.05% Unchanged
2 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 623,218623.2k $1.7m $1.7m 0.00% Reduced -767 -767
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 481,645481.6k $1.3m $1.3m 0.00% Unchanged
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 455,989456.0k $1.3m $1.3m 0.00% Reduced -912.0k -911,978
5 GOODNOW INVESTMENT GROUP, LLC 0.13% of their portfolio Darien, CT 406,408406.4k $1.1m $1.1m 0.13% New
6 BlackRock Inc. 0.00% of their portfolio New York, NY 304,551304.6k $837.5k $837.5k 0.00% Added +7.3k +7,339
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 253,392253.4k $697.1k $697.1k 0.00% Added +69.1k +69,111
8 DEBUSSY CAPITAL MANAGEMENT LP 0.17% of their portfolio CHICAGO, IL 217,995218.0k $599.5k $599.5k 0.17% Unchanged
9 Boston Partners 0.00% of their portfolio BOSTON, MA 147,484147.5k $405.6k $405.6k 0.00% Unchanged
10 KKM Financial LLC 0.19% of their portfolio CHICAGO, IL 144,912144.9k $398.5k $398.5k 0.19% New
11 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 139,900139.9k $0 $0 0.00% Unchanged
12 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 100,000100.0k $275.0k $275.0k 0.01% Unchanged
13 Lakewood Asset Management LLC 0.17% of their portfolio NAPERVILLE, IL 89,50489.5k $246.1k $246.1k 0.17% Reduced -2.5k -2,520
14 Quarry LP 0.00% of their portfolio NEW YORK, NY 84,23684.2k $9.4k $9.4k 0.00% New
15 LANDAAS & CO /WI /ADV 0.06% of their portfolio MILWAUKEE, WI 77,59577.6k $213.0k $213.0k 0.06% Reduced -11.0k -11,000
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 71,99872.0k $198.0k $198.0k 0.00% New
17 COOPERMAN LEON G 0.01% of their portfolio BOCA RATON, FL 68,82468.8k $189.3k $189.3k 0.01% New
18 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 63,99864.0k $176.0k $176.0k 0.00% Unchanged
19 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 50,00050.0k $137.5k $137.5k 0.00% Unchanged
20 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 42,97643.0k $118.2k $118.2k 0.00% Unchanged
21 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 35,80935.8k $98.5k $98.5k 0.00% Unchanged
22 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 35,59835.6k $98.0k $98.0k 0.00% Reduced -1.9k -1,850
23 Cornerstone Advisory, LLC 0.01% of their portfolio HUNT VALLEY, MD 35,19135.2k $96.8k $96.8k 0.01% Unchanged
24 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 33,15633.2k $91.2k $91.2k 0.00% Unchanged
25 Connecticut Wealth Management, LLC 0.00% of their portfolio FARMINGTON, CT 32,00032.0k $88.0k $88.0k 0.00% New
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 29,90429.9k $82.2k $82.2k 0.00% Reduced -28 -28
27 GREENWOOD GEARHART LLC 0.01% of their portfolio FAYETTEVILLE, AR 25,42825.4k $69.9k $69.9k 0.01% Unchanged
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 19,20019.2k $52.8k $52.8k 0.00% Added +19.0k +19,041
29 Horizon Wealth Management, LLC 0.01% of their portfolio LA GRANGE, IL 16,79916.8k $46.2k $46.2k 0.01% Unchanged
30 Tuttle Capital Management, LLC 0.01% of their portfolio RIVERSIDE, CT 16,09516.1k $2.5k $2.5k 0.01% Unchanged
31 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 13,00013.0k $35.8k $35.8k 0.00% Unchanged
32 BERKSHIRE ASSET MANAGEMENT LLC/PA 0.00% of their portfolio WILKES BARRE, PA 12,71412.7k $35.0k $35.0k 0.00% New
33 HighPoint Advisor Group LLC 0.00% of their portfolio DOWNERS GROVE, IL 12,26812.3k $27.0k $27.0k 0.00% Added +1.4k +1,375
34 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 10,17110.2k $28.0k $28.0k 0.00% Unchanged
35 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 9,2509.2k $25.4k $25.4k 0.00% Unchanged
36 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,2617.3k $20.0k $20.0k 0.00% Added +7.2k +7,182
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,2555.3k $14.5k $14.5k 0.00% Reduced -143.8k -143,828
38 Tyler-Stone Wealth Management 0.00% of their portfolio Beachwood, OH 3,2023.2k $8.8k $8.8k 0.00% Unchanged
39 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 1,0001.0k $2.8k $2.8k 0.00% Unchanged
40 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 11 $3 $3 0.00% Unchanged
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged