Barrett Business Services
BBSI
124 hedge funds and large institutions have $375M invested in Barrett Business Services in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 39 reducing their positions, and 27 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 39
7% less funds holding
Funds holding: 133 → 124 (-9)
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
33% less capital invested
Capital invested by funds: $562M → $375M (-$187M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$11.3M |
| 2 |
Select Equity Group
New York
|
+$11M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$10.1M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$9.07M |
| 5 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$7.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$10.3M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$5.94M |
| 3 |
GF
Gerstein Fisher
New York
|
-$4.78M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$4.58M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$4.36M |
BBSI Hedge Fund Activity: Q1 2014 in Review
124 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q1 2014, worth a combined $375M — down 33% from $562M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BBSI and 19 opened new positions — a net loss of 8 holders — while 39 trimmed existing stakes and 55 added.
The largest buyer was Wells Fargo, adding an estimated $11.3M. The largest seller was Numeric Investors, exiting entirely with an estimated $10.3M sold.
- 124 institutional investors held Barrett Business Services (BBSI) as of Q1 2014, down from 133 in Q4 2013.
- Funds reported $375M of Barrett Business Services stock for Q1 2014, down 33% quarter-over-quarter.
- 19 funds opened new Barrett Business Services positions in Q1 2014 and 27 closed out, a net change of -8 holders.
- The largest Barrett Business Services buyer in Q1 2014 was Wells Fargo, an estimated $11.3M added.
- The largest Barrett Business Services seller in Q1 2014 was Numeric Investors, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2014.