BARNES & NOBLE ED INC BNED
COM NEW · Common Stock · CUSIP 06777U200
- SectorConsumer discretionary
- IndustryRetail-Miscellaneous Shopping Goods Stores
- HeadquartersFlorham Park, NJ
- FilingsSEC EDGAR
* 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 ($40.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.77. Options: 5 managers hold calls ($786.8k notional), 5 hold puts ($578.2k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2024 | 28 |
| Q3 2024 | 45 |
| Q4 2024 | 75 |
| Q1 2025 | 72 |
| Q2 2025 | 89 |
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 2024 | 25 | 8 |
| Q4 2024 | 48 | 14 |
| Q1 2025 | 40 | 33 |
| Q2 2025 | 58 | 27 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $10.6m | $1.1m | 0.10 |
| Q4 2024 | $10.7m | $2.3m | 0.21 |
| Q1 2025 | $491.3k | $831.1k | 1.69 |
| Q2 2025 | $786.8k | $578.2k | 0.73 |
Biggest buyers
| BlackRock, Inc. | Added | +802.0k |
| JPMORGAN CHASE & CO | Added | +394.6k |
| MORGAN STANLEY | Added | +316.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +221.9k |
| VANGUARD GROUP INC | Added | +207.4k |
| CITADEL ADVISORS LLC | Added | +175.4k |
| CENTAURUS FINANCIAL, INC. | Added | +136.7k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +125.5k |
| STATE STREET CORP | Added | +119.5k |
| RENAISSANCE TECHNOLOGIES LLC | New | +110.9k |
Biggest sellers
| CenterBook Partners LP | Sold out | -345.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -244.2k |
| MARSHALL WACE, LLP | Reduced | -148.9k |
| Greenhaven Road Investment Management, L.P. | Reduced | -85.0k |
| Man Group plc | Sold out | -56.7k |
| OMERS ADMINISTRATION Corp | Sold out | -56.2k |
| HRT FINANCIAL LP | Sold out | -40.2k |
| MYDA Advisors LLC | Reduced | -40.0k |
| OSAIC HOLDINGS, INC. | Reduced | -37.7k |
| XTX Topco Ltd | Reduced | -28.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $616.7k52.4k shares |
| CITADEL ADVISORS LLC | Added | $133.0k11.3k shares |
| SIMPLEX TRADING, LLC | Added | $30.0k2.6k shares |
| GROUP ONE TRADING LLC | Reduced | $7.1k600 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $373.1k31.7k shares |
| CITADEL ADVISORS LLC | Added | $156.5k13.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $25.0k2.2k shares |
| GROUP ONE TRADING LLC | Reduced | $23.5k2.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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 |
|---|---|
| TORO 18 HOLDINGS LLC 13D · may seek influence -0.2 pts · filed 2026-07-08 | 33.1% |
| Philotimo Fund, LP 13G · passive investor +1.1 pts · filed 2025-05-15 | 9.1% |
| Springhouse Capital Management, LP 13G · institution +1.2 pts · filed 2026-02-24 | 6.8% |
Insider purchases and sales in Q2 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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 2 | — | 0 | — | — |
| Q3 2024 | 2 | $1.7m | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $1.7m | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| IMMERSION CORP 66.84% of their portfolio | 11.2m $131.9m | Unchanged |
| Kanen Wealth Management LLC 13.91% of their portfolio | 3.1m $36.4m | Reduced -154 |
| BlackRock, Inc. 0.00% of their portfolio | 1.0m $12.0m | Added +802.0k |
| Greenhaven Road Investment Management, L.P. 4.07% of their portfolio | 984.2k $11.6m | Reduced -85.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 960.2k $11.3m | Added +207.4k |
| MORGAN STANLEY 0.00% of their portfolio | 711.4k $8.4m | Added +316.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 516.5k $6.1m | Added +394.6k |
| 683 Capital Management, LLC 0.58% of their portfolio | 487.0k $5.7m | Reduced -28.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 402.1k $4.7m | Added +221.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 324.1k $3.8m | Reduced -27.4k |
| Prescott Group Capital Management, L.L.C. 0.40% of their portfolio | 290.0k $3.4m | Unchanged |
| CENTAURUS FINANCIAL, INC. 0.20% of their portfolio | 287.6k $3.4m | Added +136.7k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 261.7k $3.1m | Reduced -148.9k |
| DCF Advisers, LLC 1.22% of their portfolio | 215.9k $2.5m | Added +10.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 197.0k $2.3m | Added +175.4k |
| STATE STREET CORP 0.00% of their portfolio | 189.2k $2.2m | Added +119.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 174.7k $2.1m | Added +125.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 139.3k $1.6m | Added +35.1k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 119.2k $1.4m | Added +100.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 117.5k $1.4m | Added +80.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 110.9k $1.3m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 100.9k $1.2m | Added +83.0k |
| UBS Group AG 0.00% of their portfolio | 92.3k $1.1m | Added +16.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 80.7k $949.6k | Added +41.0k |
| Nuveen, LLC 0.00% of their portfolio | 79.2k $932.7k | New |
| GSA CAPITAL PARTNERS LLP 0.06% of their portfolio | 70.1k $825.0k | New |
| Apis Capital Advisors, LLC 0.29% of their portfolio | 70.0k $823.9k | Reduced -15.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 60.2k $708.1k | New |
| MYDA Advisors LLC 0.20% of their portfolio | 60.0k $706.2k | Reduced -40.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 55.4k $652.6k | Reduced -990 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 50.2k $591.2k | Added +37.6k |
| Caption Management, LLC 0.05% of their portfolio | 49.3k $580.5k | Added +38.6k |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.11% of their portfolio | 49.0k $576.7k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 47.9k $563.3k | Reduced -244.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 46.6k $548.4k | Added +19.4k |
| Invesco Ltd. 0.00% of their portfolio | 46.2k $544.4k | Added +12.0k |
| SG Americas Securities, LLC 0.00% of their portfolio | 39.2k $461.0k | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 39.0k $459.0k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 34.9k $410.6k | New |
| FOX RUN MANAGEMENT, L.L.C. 0.06% of their portfolio | 30.5k $359.3k | New |
| Cetera Investment Advisers 0.00% of their portfolio | 29.2k $343.6k | New |
| Dynamic Technology Lab Private Ltd 0.04% of their portfolio | 25.8k $304.0k | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 25.6k $300.7k | Added +10.3k |
| BARCLAYS PLC 0.00% of their portfolio | 25.1k $295.7k | Added +25.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 22.4k $263.9k | Added +22.4k |
| Quadrature Capital Ltd 0.00% of their portfolio | 21.1k $248.1k | New |
| GILDER GAGNON HOWE & CO LLC 0.00% of their portfolio | 19.7k $231.7k | New |
| XTX Topco Ltd 0.01% of their portfolio | 16.5k $194.6k | Reduced -28.1k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 15.7k $184.3k | New |
| AlphaQuest LLC 0.02% of their portfolio | 14.4k $169.7k | Added +5.4k |
| Diametric Capital, LP 0.09% of their portfolio | 14.3k $168.7k | New |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 14.2k $167.7k | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio | 12.2k $143.3k | Unchanged |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 12.2k $143.1k | New |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 11.1k $130.7k | Reduced -10.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 9.6k $113.1k | Added +2.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 9.4k $110.3k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 9.2k $108.2k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 8.5k $100.0k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 8.2k $96.4k | New |
| FNY Investment Advisers, LLC 0.03% of their portfolio | 6.3k $74.0k | Added +2.8k |
| CITIGROUP INC 0.00% of their portfolio | 5.0k $59.1k | Added +4.4k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 3.7k $43.0k | Reduced -15.8k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 3.4k $40.5k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.4k $28.0k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.2k $25.6k | Reduced -37.7k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.5k $18.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 1.4k $16.0k | New |
| Caitong International Asset Management Co., Ltd 0.01% of their portfolio | 1.2k $14.4k | Added +568 |
| AMALGAMATED BANK 0.00% of their portfolio | 511 $6.0k | New |
| Sterling Capital Management LLC 0.00% of their portfolio | 404 $4.8k | New |
| Blue Trust, Inc. 0.00% of their portfolio | 333 $3.9k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 141 $1.7k | Reduced -4.9k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 101 $1.2k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 89 $1.0k | New |
| GAMMA Investing LLC 0.00% of their portfolio | 88 $1.0k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 50 $589 | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 44 $518 | New |
| FMR LLC 0.00% of their portfolio | 28 $330 | Added +24 |
| Atlantic Union Bankshares Corp 0.00% of their portfolio | 25 $295 | New |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 20 $235 | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 20 $235 | Unchanged |
| Investors Research Corp 0.00% of their portfolio | 15 $177 | Unchanged |
| Golden State Wealth Management, LLC 0.00% of their portfolio | 3 $35 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 2 $24 | Unchanged |
| UMB Bank, n.a. 0.00% of their portfolio | 1 $12 | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 1 $12 | First filing |
| Quarry LP 0.00% of their portfolio | 1 $12 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |