JANA PARTNERS LLC has just filed a 13F with the Securities and Exchange Comission (SEC), which shows that they now own zero shares in Barnes & Nobles. JANA Partners had previously held 4,114,506 shares of the company as of the previous filling dated June 30th. It is possible that JANA did not sell Barnes & Noble, and side-pocketed it for a new fund launched on August 30th, as shown in the following filing.

Jana Partners Barry Rosenstein

The latest filing shows that Barry Rosenstein’s value hedge funds sold the shares as of August 30th, at a price of approximately $12 a share. JANA had held 7% of the struggling brick & Mortar book store. The hedge fund held 7 million shares, or 12% of Barnes & Noble, Inc. (NYSE:BKS) in April of this year.

For the 13 weeks ended 28 July 2012, Barnes & Noble, Inc. (NYSE:BKS), Inc. revenues increased 2% to $1.45B. Net loss applicable to common stockholders decreased 20% to $45.2M. Revenues reflect B&N Retail segment increase of 2% to $1.12B, B&N. com segment increase of less than 1% to $192M, Comp.Store-Barnes & Noble, Inc. (NYSE:BKS) Retail increase from -1.6 to 4.6%, Retail Sales-B&N Retail increase of 2% to $1.12B, Value of Online Sales- NOOK increase of less than 1% to $19 M.

Competitors of Barnes & Noble include Books-A-Million, Inc. (NASDAQ:BAMM) and Amazon.com, Inc. (NASDAQ:AMZN)

Shares of Barnes & Noble, Inc. (NYSE:BKS), Inc. were up 1.95% during today’s trading day, closing at $11.52.

JANA Partners is up 11.2%as of June 30th.

(Disclosure: The author of this article has no position in any securities mentioned)