Barrett Business Services
BBSI
92 hedge funds and large institutions have $143M invested in Barrett Business Services in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 20 reducing their positions, and 19 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 96 → 92 (-4)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
36% less capital invested
Capital invested by funds: $224M → $143M (-$81M)
98% less call options, than puts
Call options by funds: $8K | Put options by funds: $395K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.05M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$4.49M |
| 3 |
Millennium Management
New York
|
+$2.96M |
| 4 |
Renaissance Technologies
New York
|
+$2.35M |
| 5 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$15.5M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$5M |
| 3 |
JP Morgan Chase
New York
|
-$4.93M |
| 4 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$2.16M |
| 5 |
ACM
Atika Capital Management
New York
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Jane Street
New York
| – | -$489K | -44,940 | Closed |
|
|
PCM
102
Perritt Capital Management
Chicago,
Illinois
| – | -$477K | -43,800 | Closed |
|
103
Axa
Paris,
France
| – | -$401K | -36,800 | Closed |
|
104
Allianz Asset Management
Munich,
Germany
| – | -$372K | -34,200 | Closed |
|
|
BFM
105
Boothbay Fund Management
New York
| – | -$270K | -24,760 | Closed |
|
106
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$268K | -24,616 | Closed |
|
|
QT
107
Quantbot Technologies
New York
| – | -$150K | -13,848 | Closed |
|
108
BNP Paribas Financial Markets
Paris,
France
| – | -$60.8K | -5,584 | Closed |
|
|
MFBTD
109
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$2K | -152 | Closed |
|
110
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -56 | Closed |
|
111
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -32 | Closed |
|
BBSI Hedge Fund Activity: Q1 2016 in Review
92 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q1 2016, worth a combined $143M — down 36% from $224M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BBSI and 15 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 38 added.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $5.05M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $15.5M sold.
- 92 institutional investors held Barrett Business Services (BBSI) as of Q1 2016, down from 96 in Q4 2015.
- Funds reported $143M of Barrett Business Services stock for Q1 2016, down 36% quarter-over-quarter.
- 15 funds opened new Barrett Business Services positions in Q1 2016 and 19 closed out, a net change of -4 holders.
- The largest Barrett Business Services buyer in Q1 2016 was Kennedy Capital Management, an estimated $5.05M added.
- The largest Barrett Business Services seller in Q1 2016 was Hood River Capital Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2016.