Barrett Business Services
BBSI
117 hedge funds and large institutions have $494M invested in Barrett Business Services in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 38 reducing their positions, and 18 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
21% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 38
4% more capital invested
Capital invested by funds: $473M → $494M (+$20.5M)
5% less funds holding
Funds holding: 123 → 117 (-6)
6.82% less ownership
Funds ownership: 329.86% → 323.04% (-6.8%)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$4.84M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.42M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$1.96M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.51M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.1M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Tudor Investment Corp
Stamford,
Connecticut
| – | -$234K | -12,120 | Closed |
|
127
DZ Bank
Frankfurt Am Main,
Germany
| – | -$212K | -11,012 | Closed |
|
|
TRCT
128
Tower Research Capital (TRC)
New York
| – | -$24K | -1,228 | Closed |
|
129
Simplex Trading
Chicago,
Illinois
| – | -$18K | -980 | Closed |
|
|
PCM
130
Prelude Capital Management
New York
| – | -$11K | -588 | Closed |
|
|
TCM
131
Tradewinds Capital Management
Bellingham,
Washington
| – | -$8K | -436 | Closed |
|
|
FHB
132
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$6K | -320 | Closed |
|
|
MSA
133
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$3K | -136 | Closed |
|
|
CAM
134
Cresset Asset Management
Chicago,
Illinois
| – | -$1K | -48 | Closed |
|
|
QT
135
Quantamental Technologies
White Plains,
New York
| – | -$1K | -48 | Closed |
|
BBSI Hedge Fund Activity: Q2 2019 in Review
117 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q2 2019, worth a combined $494M — up 4.3% from $473M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BBSI and 14 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 46 added.
The largest buyer was Prudential Financial, opening a new position worth an estimated $4.84M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $4.3M sold.
- 117 institutional investors held Barrett Business Services (BBSI) as of Q2 2019, down from 123 in Q1 2019.
- Funds reported $494M of Barrett Business Services stock for Q2 2019, up 4.3% quarter-over-quarter.
- 14 funds opened new Barrett Business Services positions in Q2 2019 and 18 closed out, a net change of -4 holders.
- The largest Barrett Business Services buyer in Q2 2019 was Prudential Financial, an estimated $4.84M added.
- The largest Barrett Business Services seller in Q2 2019 was Hotchkis & Wiley Capital Management, an estimated $4.3M sold.
Based on aggregated 13F filings for Q2 2019.