Barrett Business Services
BBSI
128 hedge funds and large institutions have $410M invested in Barrett Business Services in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 52 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more capital invested
Capital invested by funds: $317M → $410M (+$92.8M)
10% more funds holding
Funds holding: 116 → 128 (+12)
13% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$4.58M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$4.45M |
| 3 |
Renaissance Technologies
New York
|
+$2.74M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.23M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$3.33M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.5M |
| 3 |
Morgan Stanley
New York
|
-$2.28M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$1.92M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
126
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
PIM
127
Profit Investment Management
North Bethesda,
Maryland
| $2.13K | -$112K | -6,844 | -5% |
|
128
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $351 | +$9.34K | +572 | +3% |
|
|
GC
129
Guggenheim Capital
Chicago,
Illinois
| – | -$1.16M | -88,684 | Closed |
|
|
MA
130
MUFG Americas
New York
| – | -$539K | -41,300 | Closed |
|
131
First Trust Advisors
Wheaton,
Illinois
| – | -$417K | -31,984 | Closed |
|
|
MAM
132
Martingale Asset Management
Boston,
Massachusetts
| – | -$346K | -26,440 | Closed |
|
133
Fidelity Investments
Boston,
Massachusetts
| – | -$318K | -24,400 | Closed |
|
|
SCA
134
SAC Capital Advisors
Stamford,
Connecticut
| – | -$258K | -19,804 | Closed |
|
|
MCM
135
Matarin Capital Management
New York
| – | -$34K | -2,568 | Closed |
|
BBSI Hedge Fund Activity: Q3 2013 in Review
128 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q3 2013, worth a combined $410M — up 29% from $317M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BBSI positions and 7 closed out — a net gain of 14 holders — while 45 added to existing stakes and 52 trimmed.
The largest buyer was Ohio Public Employees Retirement System (OPERS), opening a new position worth an estimated $4.58M. The largest seller was Neuberger Berman Group, cutting an estimated $3.33M.
- 128 institutional investors held Barrett Business Services (BBSI) as of Q3 2013, up from 116 in Q2 2013.
- Funds reported $410M of Barrett Business Services stock for Q3 2013, up 29% quarter-over-quarter.
- 21 funds opened new Barrett Business Services positions in Q3 2013 and 7 closed out, a net change of +14 holders.
- The largest Barrett Business Services buyer in Q3 2013 was Ohio Public Employees Retirement System (OPERS), an estimated $4.58M added.
- The largest Barrett Business Services seller in Q3 2013 was Neuberger Berman Group, an estimated $3.33M sold.
Based on aggregated 13F filings for Q3 2013.