Barrett Business Services
BBSI
116 hedge funds and large institutions have $324M invested in Barrett Business Services in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 36 reducing their positions, and 17 closing their positions.
36% more capital invested
Capital invested by funds: $238M → $324M (+$86.7M)
17% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 36
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
5.36% more ownership
Funds ownership: 318.49% → 323.84% (+5.4%)
1% more funds holding
Funds holding: 115 → 116 (+1)
59% less call options, than puts
Call options by funds: $557K | Put options by funds: $1.36M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$7.29M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.18M |
| 3 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$2.45M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.32M |
| 5 |
BlackRock
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$10.1M |
| 2 |
Renaissance Technologies
New York
|
-$1.67M |
| 3 |
CEI
Clark Estates Inc
New York
|
-$1.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.27M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$938K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Robeco Institutional Asset Management
Rotterdam,
Netherlands
| – | -$78K | -7,888 | Closed |
|
|
MAM
127
Meeder Asset Management
Dublin,
Ohio
| – | -$30K | -2,996 | Closed |
|
|
NFG
128
Next Financial Group
Houston,
Texas
| – | -$19K | -1,872 | Closed |
|
|
ASN
129
Advisory Services Network
Atlanta,
Georgia
| – | -$2K | -160 | Closed |
|
|
HR
130
Howe & Rusling
Rochester,
New York
| – | -$1K | -92 | Closed |
|
|
PFO
131
Pathstone Family Office
Englewood,
New Jersey
| – | +$185 | +16 | New |
|
|
OSAM
132
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$324 | +28 | New |
|
BBSI Hedge Fund Activity: Q2 2020 in Review
116 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q2 2020, worth a combined $324M — up 36% from $238M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BBSI positions and 17 closed out — a net gain of 2 holders — while 42 added to existing stakes and 36 trimmed.
The largest buyer was Private Capital Management (Florida), opening a new position worth an estimated $7.29M. The largest seller was Cloverdale Capital Management, exiting entirely with an estimated $10.1M sold.
- 116 institutional investors held Barrett Business Services (BBSI) as of Q2 2020, up from 115 in Q1 2020.
- Funds reported $324M of Barrett Business Services stock for Q2 2020, up 36% quarter-over-quarter.
- 19 funds opened new Barrett Business Services positions in Q2 2020 and 17 closed out, a net change of +2 holders.
- The largest Barrett Business Services buyer in Q2 2020 was Private Capital Management (Florida), an estimated $7.29M added.
- The largest Barrett Business Services seller in Q2 2020 was Cloverdale Capital Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2020.