Vault-13

BARNES & NOBLE ED INC BNED

COM NEW · Common Stock · CUSIP 06777U200

89 institutional holders +17 vs Q1 2025
23,261,66323.3m shares reported held*
$273.8mreported value*
29 new 29 added 14 reduced 13 sold out net bought ≈ $28.0m (+2.4m 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 ($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

050100Q2 24: 28Q3 24: 45Q4 24: 75Q1 25: 72Q2 25: 8989Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q2 202428
Q3 202445
Q4 202475
Q1 202572
Q2 202589

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 25 bought or addedQ3 24: 8 cut or sold outQ3 24Q4 24: 48 bought or addedQ4 24: 14 cut or sold outQ4 24Q1 25: 40 bought or addedQ1 25: 33 cut or sold outQ1 25Q2 25: 58 bought or addedQ2 25: 27 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2024258
Q4 20244814
Q1 20254033
Q2 20255827

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 24 calls: $10.6mQ3 24 puts: $1.1mQ3 24P/C 0.10Q4 24 calls: $10.7mQ4 24 puts: $2.3mQ4 24P/C 0.21Q1 25 calls: $491.3kQ1 25 puts: $831.1kQ1 25P/C 1.69Q2 25 calls: $786.8kQ2 25 puts: $578.2kQ2 25P/C 0.73
Numbers
QuarterCallsPutsP/C
Q3 2024$10.6m$1.1m0.10
Q4 2024$10.7m$2.3m0.21
Q1 2025$491.3k$831.1k1.69
Q2 2025$786.8k$578.2k0.73

Biggest buyers

BlackRock, Inc. Added +802,005+802.0k
JPMORGAN CHASE & CO Added +394,630+394.6k
MORGAN STANLEY Added +316,070+316.1k
GEODE CAPITAL MANAGEMENT, LLC Added +221,936+221.9k
VANGUARD GROUP INC Added +207,427+207.4k
CITADEL ADVISORS LLC Added +175,444+175.4k
CENTAURUS FINANCIAL, INC. Added +136,711+136.7k
BNP PARIBAS FINANCIAL MARKETS Added +125,530+125.5k
STATE STREET CORP Added +119,505+119.5k
RENAISSANCE TECHNOLOGIES LLC New +110,900+110.9k

Biggest sellers

CenterBook Partners LP Sold out -345,877-345.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -244,151-244.2k
MARSHALL WACE, LLP Reduced -148,919-148.9k
Greenhaven Road Investment Management, L.P. Reduced -85,000-85.0k
Man Group plc Sold out -56,717-56.7k
OMERS ADMINISTRATION Corp Sold out -56,200-56.2k
HRT FINANCIAL LP Sold out -40,224-40.2k
MYDA Advisors LLC Reduced -40,000-40.0k
OSAIC HOLDINGS, INC. Reduced -37,695-37.7k
XTX Topco Ltd Reduced -28,052-28.1k

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.

HolderStakeChangeShares Last filed
TORO 18 HOLDINGS LLC 13D · may seek influence -0.2 pts · filed 2026-07-08 33.1% -0.2 pts 11.4m≈ $142.8m 2026-07-08
Philotimo Fund, LP 13G · passive investor +1.1 pts · filed 2025-05-15 9.1% +1.1 pts 3.1m≈ $38.8m 2025-05-15
Springhouse Capital Management, LP 13G · institution +1.2 pts · filed 2026-02-24 6.8% +1.2 pts 2.3m≈ $29.3m 2026-02-24

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)

BuyingSelling
202Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 2 buyingQ2 24: 0 sellingQ2 24Q3 24: 2 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 1 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20242—0——
Q3 20242$1.7m0——
Q4 20240—0——
Q1 20251$1.7m0——
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 IMMERSION CORP 66.84% of their portfolio Aventura, FL 11,208,74611.2m $131.9m $131.9m 66.84% Unchanged
2 Kanen Wealth Management LLC 13.91% of their portfolio COCONUT CREEK, FL 3,089,8893.1m $36.4m $36.4m 13.91% Reduced -154 -154
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,022,8021.0m $12.0m $12.0m 0.00% Added +802.0k +802,005
4 Greenhaven Road Investment Management, L.P. 4.07% of their portfolio GREENWICH, CT 984,162984.2k $11.6m $11.6m 4.07% Reduced -85.0k -85,000
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 960,234960.2k $11.3m $11.3m 0.00% Added +207.4k +207,427
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 711,431711.4k $8.4m $8.4m 0.00% Added +316.1k +316,070
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 516,521516.5k $6.1m $6.1m 0.00% Added +394.6k +394,630
8 683 Capital Management, LLC 0.58% of their portfolio NEW YORK, NY 487,000487.0k $5.7m $5.7m 0.58% Reduced -28.0k -28,000
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 402,109402.1k $4.7m $4.7m 0.00% Added +221.9k +221,936
10 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 324,123324.1k $3.8m $3.8m 0.00% Reduced -27.4k -27,443
11 Prescott Group Capital Management, L.L.C. 0.40% of their portfolio Tulsa, OK 290,000290.0k $3.4m $3.4m 0.40% Unchanged
12 CENTAURUS FINANCIAL, INC. 0.20% of their portfolio ANAHEIM, CA 287,584287.6k $3.4m $3.4m 0.20% Added +136.7k +136,711
13 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 261,655261.7k $3.1m $3.1m 0.00% Reduced -148.9k -148,919
14 DCF Advisers, LLC 1.22% of their portfolio MOUNT PLEASANT, SC 215,943215.9k $2.5m $2.5m 1.22% Added +10.5k +10,500
15 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 197,003197.0k $2.3m $2.3m 0.00% Added +175.4k +175,444
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 189,192189.2k $2.2m $2.2m 0.00% Added +119.5k +119,505
17 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 174,736174.7k $2.1m $2.1m 0.00% Added +125.5k +125,530
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 139,308139.3k $1.6m $1.6m 0.00% Added +35.1k +35,103
19 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 119,162119.2k $1.4m $1.4m 0.00% Added +100.1k +100,124
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 117,463117.5k $1.4m $1.4m 0.00% Added +80.8k +80,783
21 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 110,900110.9k $1.3m $1.3m 0.00% New
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 100,881100.9k $1.2m $1.2m 0.00% Added +83.0k +83,005
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 92,30292.3k $1.1m $1.1m 0.00% Added +16.4k +16,373
24 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 80,68180.7k $949.6k $949.6k 0.03% Added +41.0k +40,981
25 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 79,24179.2k $932.7k $932.7k 0.00% New
26 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 70,12970.1k $825.0k $825.0k 0.06% New
27 Apis Capital Advisors, LLC 0.29% of their portfolio New York, NY 70,00070.0k $823.9k $823.9k 0.29% Reduced -15.0k -15,000
28 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 60,16360.2k $708.1k $708.1k 0.00% New
29 MYDA Advisors LLC 0.20% of their portfolio WOODMERE, NY 60,00060.0k $706.2k $706.2k 0.20% Reduced -40.0k -40,000
30 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 55,44555.4k $652.6k $652.6k 0.00% Reduced -990 -990
31 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 50,23150.2k $591.2k $591.2k 0.00% Added +37.6k +37,568
32 Caption Management, LLC 0.05% of their portfolio OKLAHOMA CITY, OK 49,31849.3k $580.5k $580.5k 0.05% Added +38.6k +38,595
33 CORSAIR CAPITAL MANAGEMENT, L.P. 0.11% of their portfolio NEW YORK, NY 49,00049.0k $576.7k $576.7k 0.11% Unchanged
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 47,85647.9k $563.3k $563.3k 0.00% Reduced -244.2k -244,151
35 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 46,59546.6k $548.4k $548.4k 0.00% Added +19.4k +19,394
36 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 46,25046.2k $544.4k $544.4k 0.00% Added +12.0k +12,022
37 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 39,19439.2k $461.0k $461.0k 0.00% New
38 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 39,00039.0k $459.0k $459.0k 0.01% Unchanged
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 34,88934.9k $410.6k $410.6k 0.00% New
40 FOX RUN MANAGEMENT, L.L.C. 0.06% of their portfolio GREENWICH, CT 30,52330.5k $359.3k $359.3k 0.06% New
41 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 29,19429.2k $343.6k $343.6k 0.00% New
42 Dynamic Technology Lab Private Ltd 0.04% of their portfolio SINGAPORE, U0 25,79025.8k $304.0k $304.0k 0.04% New
43 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 25,55025.6k $300.7k $300.7k 0.00% Added +10.3k +10,320
44 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 25,12125.1k $295.7k $295.7k 0.00% Added +25.1k +25,065
45 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 22,42222.4k $263.9k $263.9k 0.00% Added +22.4k +22,407
46 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 21,10121.1k $248.1k $248.1k 0.00% New
47 GILDER GAGNON HOWE & CO LLC 0.00% of their portfolio New York, NY 19,68519.7k $231.7k $231.7k 0.00% New
48 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 16,53016.5k $194.6k $194.6k 0.01% Reduced -28.1k -28,052
49 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 15,66215.7k $184.3k $184.3k 0.00% New
50 AlphaQuest LLC 0.02% of their portfolio New York, NY 14,41714.4k $169.7k $169.7k 0.02% Added +5.4k +5,449
51 Diametric Capital, LP 0.09% of their portfolio BOSTON, MA 14,33614.3k $168.7k $168.7k 0.09% New
52 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 14,24514.2k $167.7k $167.7k 0.00% New
53 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio BALA CYNWYD, PA 12,17712.2k $143.3k $143.3k 0.00% Unchanged
54 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 12,15512.2k $143.1k $143.1k 0.00% New
55 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 11,10111.1k $130.7k $130.7k 0.00% Reduced -10.0k -10,027
56 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 9,6079.6k $113.1k $113.1k 0.00% Added +2.4k +2,355
57 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 9,3749.4k $110.3k $110.3k 0.00% New
58 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 9,1959.2k $108.2k $108.2k 0.00% New
59 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 8,5008.5k $100.0k $100.0k 0.00% New
60 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 8,1888.2k $96.4k $96.4k 0.00% New
61 FNY Investment Advisers, LLC 0.03% of their portfolio NEW YORK, NY 6,3346.3k $74.0k $74.0k 0.03% Added +2.8k +2,834
62 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 5,0235.0k $59.1k $59.1k 0.00% Added +4.4k +4,355
63 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,6993.7k $43.0k $43.0k 0.00% Reduced -15.8k -15,786
64 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 3,4393.4k $40.5k $40.5k 0.00% New
65 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,4322.4k $28.0k $28.0k 0.00% New
66 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,1722.2k $25.6k $25.6k 0.00% Reduced -37.7k -37,695
67 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,5281.5k $18.0k $18.0k 0.00% New
68 Legal & General Group Plc 0.00% of their portfolio London, X0 1,3601.4k $16.0k $16.0k 0.00% New
69 Caitong International Asset Management Co., Ltd 0.01% of their portfolio HONG KONG, K3 1,2271.2k $14.4k $14.4k 0.01% Added +568 +568
70 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 511511 $6.0k $6.0k 0.00% New
71 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 404404 $4.8k $4.8k 0.00% New
72 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 333333 $3.9k $3.9k 0.00% Unchanged
73 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 141141 $1.7k $1.7k 0.00% Reduced -4.9k -4,886
74 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 101101 $1.2k $1.2k 0.00% Unchanged
75 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 8989 $1.0k $1.0k 0.00% New
76 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 8888 $1.0k $1.0k 0.00% Unchanged
77 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5050 $589 $589 0.00% Unchanged
78 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 4444 $518 $518 0.00% New
79 FMR LLC 0.00% of their portfolio BOSTON, MA 2828 $330 $330 0.00% Added +24 +24
80 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 2525 $295 $295 0.00% New
81 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 2020 $235 $235 0.00% Unchanged
82 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 2020 $235 $235 0.00% Unchanged
83 Investors Research Corp 0.00% of their portfolio ATLANTA, GA 1515 $177 $177 0.00% Unchanged
84 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 33 $35 $35 0.00% Unchanged
85 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 22 $24 $24 0.00% Unchanged
86 UMB Bank, n.a. 0.00% of their portfolio Kansas City, MO 11 $12 $12 0.00% Unchanged
87 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 11 $12 $12 0.00% First filing
88 Quarry LP 0.00% of their portfolio NEW YORK, NY 11 $12 $12 0.00% New
89 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged