Barrett Business Services
BBSI
83 hedge funds and large institutions have $202M invested in Barrett Business Services in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 20 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more capital invested
Capital invested by funds: $143M → $202M (+$59M)
10% less funds holding
Funds holding: 92 → 83 (-9)
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
99% less call options, than puts
Call options by funds: $32K | Put options by funds: $2.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.85M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.14M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$1.05M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$1.03M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$882K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.97M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.44M |
| 3 |
Morgan Stanley
New York
|
-$1.36M |
| 4 |
AG
Algert Global
San Francisco,
California
|
-$1.35M |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
101
MSI Financial Services
Springfield,
Massachusetts
| – | -$8K | -1,068 | Closed |
|
102
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$7K | -1,036 | Closed |
|
|
MTIP
103
Magee Thomson Investment Partners
San Diego,
California
| – | -$4K | -516 | Closed |
|
BBSI Hedge Fund Activity: Q2 2016 in Review
83 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q2 2016, worth a combined $202M — up 41% from $143M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BBSI and 12 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 26 added.
The largest buyer was Kennedy Capital Management, adding an estimated $1.85M. The largest seller was Millennium Management, cutting an estimated $1.97M.
- 83 institutional investors held Barrett Business Services (BBSI) as of Q2 2016, down from 92 in Q1 2016.
- Funds reported $202M of Barrett Business Services stock for Q2 2016, up 41% quarter-over-quarter.
- 12 funds opened new Barrett Business Services positions in Q2 2016 and 20 closed out, a net change of -8 holders.
- The largest Barrett Business Services buyer in Q2 2016 was Kennedy Capital Management, an estimated $1.85M added.
- The largest Barrett Business Services seller in Q2 2016 was Millennium Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2016.