Barrett Business Services
BBSI
115 hedge funds and large institutions have $238M invested in Barrett Business Services in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 49 reducing their positions, and 34 closing their positions.
5.74% less ownership
Funds ownership: 324.23% → 318.49% (-5.7%)
17% less funds holding
Funds holding: 138 → 115 (-23)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
31% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 49
57% less capital invested
Capital invested by funds: $549M → $238M (-$312M)
59% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 34
84% less call options, than puts
Call options by funds: $126K | Put options by funds: $805K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$4.57M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.49M |
| 3 |
CEI
Clark Estates Inc
New York
|
+$2.46M |
| 4 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$2.37M |
| 5 |
2L
22NW LP
Seattle,
Washington
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$2.6M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.43M |
| 3 |
Man Group
London,
United Kingdom
|
-$2.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$2.15M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$1.99M |
BBSI Hedge Fund Activity: Q1 2020 in Review
115 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q1 2020, worth a combined $238M — down 57% from $549M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BBSI and 14 opened new positions — a net loss of 20 holders — while 49 trimmed existing stakes and 34 added.
The largest buyer was Cloverdale Capital Management, adding an estimated $4.57M. The largest seller was Tieton Capital Management, exiting entirely with an estimated $2.6M sold.
- 115 institutional investors held Barrett Business Services (BBSI) as of Q1 2020, down from 138 in Q4 2019.
- Funds reported $238M of Barrett Business Services stock for Q1 2020, down 57% quarter-over-quarter.
- 14 funds opened new Barrett Business Services positions in Q1 2020 and 34 closed out, a net change of -20 holders.
- The largest Barrett Business Services buyer in Q1 2020 was Cloverdale Capital Management, an estimated $4.57M added.
- The largest Barrett Business Services seller in Q1 2020 was Tieton Capital Management, an estimated $2.6M sold.
Based on aggregated 13F filings for Q1 2020.