Barrett Business Services
BBSI
123 hedge funds and large institutions have $479M invested in Barrett Business Services in 2018 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 33 increasing their positions, 43 reducing their positions, and 9 closing their positions.
289% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 9
106% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $5M
30% more capital invested
Capital invested by funds: $367M → $479M (+$112M)
23% more funds holding
Funds holding: 100 → 123 (+23)
4.73% more ownership
Funds ownership: 312.14% → 316.87% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
23% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$4.12M |
| 2 |
Renaissance Technologies
New York
|
+$3.79M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$3.25M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$2.5M |
| 5 |
Two Sigma Investments
New York
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$9.24M |
| 2 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$6.11M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$4.01M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.83M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$3.31M |
BBSI Hedge Fund Activity: Q1 2018 in Review
123 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q1 2018, worth a combined $479M — up 30% from $367M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BBSI positions and 9 closed out — a net gain of 26 holders — while 33 added to existing stakes and 43 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $4.12M. The largest seller was Cloverdale Capital Management, cutting an estimated $9.24M.
- 123 institutional investors held Barrett Business Services (BBSI) as of Q1 2018, up from 100 in Q4 2017.
- Funds reported $479M of Barrett Business Services stock for Q1 2018, up 30% quarter-over-quarter.
- 35 funds opened new Barrett Business Services positions in Q1 2018 and 9 closed out, a net change of +26 holders.
- The largest Barrett Business Services buyer in Q1 2018 was Russell Investments Group, an estimated $4.12M added.
- The largest Barrett Business Services seller in Q1 2018 was Cloverdale Capital Management, an estimated $9.24M sold.
Based on aggregated 13F filings for Q1 2018.