Barrett Business Services
BBSI
168 hedge funds and large institutions have $724M invested in Barrett Business Services in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 18 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
5% more capital invested
Capital invested by funds: $687M → $724M (+$37.1M)
1% more funds holding
Funds holding: 167 → 168 (+1)
8% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 59
87% less call options, than puts
Call options by funds: $1.41M | Put options by funds: $10.5M
245.8% less ownership
Funds ownership: 330.61% → 84.8% (-246%)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.4M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$17.2M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.86M |
| 4 |
Morgan Stanley
New York
|
+$2.74M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.72M |
Top Sellers
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$9.54M |
| 2 |
Millennium Management
New York
|
-$3.44M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.07M |
| 4 |
PM
Prosight Management
Dallas,
Texas
|
-$3.04M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
176
Dynamic Technology Lab
Singapore
| – | -$308K | -9,732 | Closed |
|
177
Squarepoint
New York
| – | -$295K | -9,304 | Closed |
|
|
ECM
178
ExodusPoint Capital Management
New York
| – | -$248K | -7,824 | Closed |
|
|
VF
179
Virtu Financial
New York
| – | -$227K | -7,164 | Closed |
|
180
Balyasny Asset Management
Chicago,
Illinois
| – | -$216K | -6,812 | Closed |
|
|
MLICM
181
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$45.9K | -1,448 | Closed |
|
|
TC
182
Truvestments Capital
Sarasota,
Florida
| – | -$19.4K | -612 | Closed |
|
|
NA
183
NewEdge Advisors
New Orleans,
Louisiana
| – | -$3.55K | -112 | Closed |
|
|
CAM
184
ClariVest Asset Management
San Diego,
California
| – | -$634 | -20 | Closed |
|
|
AWM
185
Avior Wealth Management
Omaha,
Nebraska
| – | -$126 | -4 | Closed |
|
|
AW
186
Avion Wealth
The Woodlands,
Texas
| – | +$506 | +16 | New |
|
BBSI Hedge Fund Activity: Q2 2024 in Review
168 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q2 2024, worth a combined $724M — up 5.4% from $687M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BBSI positions and 18 closed out — a net gain of 3 holders — while 54 added to existing stakes and 59 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $19.4M. The largest seller was American Century Companies, cutting an estimated $9.54M.
- 168 institutional investors held Barrett Business Services (BBSI) as of Q2 2024, up from 167 in Q1 2024.
- Funds reported $724M of Barrett Business Services stock for Q2 2024, up 5.4% quarter-over-quarter.
- 21 funds opened new Barrett Business Services positions in Q2 2024 and 18 closed out, a net change of +3 holders.
- The largest Barrett Business Services buyer in Q2 2024 was Fidelity Investments, an estimated $19.4M added.
- The largest Barrett Business Services seller in Q2 2024 was American Century Companies, an estimated $9.54M sold.
Based on aggregated 13F filings for Q2 2024.