Barrett Business Services
BBSI
88 hedge funds and large institutions have $287M invested in Barrett Business Services in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 30 reducing their positions, and 14 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 30
6.26% more ownership
Funds ownership: 283.22% → 289.48% (+6.3%)
9% less funds holding
Funds holding: 97 → 88 (-9)
13% less capital invested
Capital invested by funds: $329M → $287M (-$42M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
63% less call options, than puts
Call options by funds: $189K | Put options by funds: $510K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$26.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.35M |
| 3 |
Renaissance Technologies
New York
|
+$3.32M |
| 4 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$2.22M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$3.13M |
| 2 |
Two Sigma Investments
New York
|
-$2.28M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.1M |
| 4 |
JP Morgan Chase
New York
|
-$1.69M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.54M |
BBSI Hedge Fund Activity: Q1 2017 in Review
88 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q1 2017, worth a combined $287M — down 13% from $329M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BBSI and 9 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 39 added.
The largest buyer was BlackRock, adding an estimated $26.3M. The largest seller was Heartland Advisors, cutting an estimated $3.13M.
- 88 institutional investors held Barrett Business Services (BBSI) as of Q1 2017, down from 97 in Q4 2016.
- Funds reported $287M of Barrett Business Services stock for Q1 2017, down 13% quarter-over-quarter.
- 9 funds opened new Barrett Business Services positions in Q1 2017 and 14 closed out, a net change of -5 holders.
- The largest Barrett Business Services buyer in Q1 2017 was BlackRock, an estimated $26.3M added.
- The largest Barrett Business Services seller in Q1 2017 was Heartland Advisors, an estimated $3.13M sold.
Based on aggregated 13F filings for Q1 2017.