Barrett Business Services
BBSI
167 hedge funds and large institutions have $687M invested in Barrett Business Services in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 68 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more capital invested
Capital invested by funds: $637M → $687M (+$49.1M)
2% more funds holding
Funds holding: 163 → 167 (+4)
2.03% less ownership
Funds ownership: 332.63% → 330.61% (-2%)
31% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 68
50% less call options, than puts
Call options by funds: $164K | Put options by funds: $329K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.92M |
| 2 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$1.69M |
| 3 |
Goldman Sachs
New York
|
+$1.36M |
| 4 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
+$1.29M |
| 5 |
PM
Prosight Management
Dallas,
Texas
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.36M |
| 2 |
BlackRock
New York
|
-$1.94M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$1.93M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$1.7M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.56M |
BBSI Hedge Fund Activity: Q1 2024 in Review
167 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q1 2024, worth a combined $687M — up 7.7% from $637M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BBSI positions and 10 closed out — a net gain of 6 holders — while 47 added to existing stakes and 68 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $2.92M. The largest seller was Morgan Stanley, cutting an estimated $7.36M.
- 167 institutional investors held Barrett Business Services (BBSI) as of Q1 2024, up from 163 in Q4 2023.
- Funds reported $687M of Barrett Business Services stock for Q1 2024, up 7.7% quarter-over-quarter.
- 16 funds opened new Barrett Business Services positions in Q1 2024 and 10 closed out, a net change of +6 holders.
- The largest Barrett Business Services buyer in Q1 2024 was Assenagon Asset Management, an estimated $2.92M added.
- The largest Barrett Business Services seller in Q1 2024 was Morgan Stanley, an estimated $7.36M sold.
Based on aggregated 13F filings for Q1 2024.