These 10 Hedge Funds Are Making A Fortune On Barnes & Noble Today

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Photo: Milken Institute

Shares of Barnes & Noble skyrocketed Monday on the news that Microsoft has invested $300 million in a joint venture. The stock was up around 80% in pre-market trading following the announcement.  

Here’s a rundown of hedge funds with the greatest stake in Barnes & Noble, according data from the latest regulatory filings compiled by Bloomberg.

  • JANA Partners — ~6.95 million shares (11.56% stake)
  • Clovis Capital Management — ~1.6 million shares (2.76% stake)
  • Towerview LLC — ~1.5 million shares (2.5% stake)
  • Balyansy Asset Management — ~1.33 million shares (2.22% stake)
  • Adage Capital Partners — ~1.12 million shares (1.88% stake)
  • Southpoint Capital — 1 million shares (1.66% stake)
  • Buckingham Capital — 900,000 shares (1.3% stake)
  • Scopus Asset Management — 898,500 shares (1.49% stake)
  • Aletheia Research — 987,554 shares (1.49% stake)
  • Citadel Advisors — 525,979 shares (0.87%) 

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