Barrett Business Services
BBSI
133 hedge funds and large institutions have $577M invested in Barrett Business Services in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 50 increasing their positions, 44 reducing their positions, and 10 closing their positions.
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
20% more capital invested
Capital invested by funds: $479M → $577M (+$97.2M)
14% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 44
9.83% more ownership
Funds ownership: 316.87% → 326.7% (+9.8%)
8% more funds holding
Funds holding: 123 → 133 (+10)
6% more call options, than puts
Call options by funds: $1.92M | Put options by funds: $1.81M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| 1 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$4.64M |
| 2 |
Man Group
London,
United Kingdom
|
+$4M |
| 3 |
BlackRock
New York
|
+$3.54M |
| 4 |
Renaissance Technologies
New York
|
+$3.18M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.12M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$5.63M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$3.96M |
| 3 |
PM
Precept Management
Dallas,
Texas
|
-$2.5M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.1M |
| 5 |
Two Sigma Investments
New York
|
-$1.94M |
BBSI Hedge Fund Activity: Q2 2018 in Review
133 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q2 2018, worth a combined $577M — up 20% from $479M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BBSI positions and 10 closed out — a net gain of 10 holders — while 50 added to existing stakes and 44 trimmed.
The largest buyer was Cloverdale Capital Management, adding an estimated $4.64M. The largest seller was Millennium Management, cutting an estimated $5.63M.
- 133 institutional investors held Barrett Business Services (BBSI) as of Q2 2018, up from 123 in Q1 2018.
- Funds reported $577M of Barrett Business Services stock for Q2 2018, up 20% quarter-over-quarter.
- 20 funds opened new Barrett Business Services positions in Q2 2018 and 10 closed out, a net change of +10 holders.
- The largest Barrett Business Services buyer in Q2 2018 was Cloverdale Capital Management, an estimated $4.64M added.
- The largest Barrett Business Services seller in Q2 2018 was Millennium Management, an estimated $5.63M sold.
Based on aggregated 13F filings for Q2 2018.