Barrett Business Services
BBSI
115 hedge funds and large institutions have $399M invested in Barrett Business Services in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 51 increasing their positions, 36 reducing their positions, and 30 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 36
1.77% less ownership
Funds ownership: 326.7% → 324.92% (-1.8%)
14% less funds holding
Funds holding: 133 → 115 (-18)
31% less capital invested
Capital invested by funds: $577M → $399M (-$177M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
60% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 30
75% less call options, than puts
Call options by funds: $214K | Put options by funds: $861K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$23.5M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$6.29M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.27M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$5.53M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$23.5M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$4.94M |
| 3 |
Morgan Stanley
New York
|
-$4.88M |
| 4 |
CAM
Crown Advisors Management
Larkspur,
California
|
-$4.83M |
| 5 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$2.73M |
BBSI Hedge Fund Activity: Q3 2018 in Review
115 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q3 2018, worth a combined $399M — down 31% from $577M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BBSI and 12 opened new positions — a net loss of 18 holders — while 36 trimmed existing stakes and 51 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $23.5M. The largest seller was Capital World Investors, cutting an estimated $23.5M.
- 115 institutional investors held Barrett Business Services (BBSI) as of Q3 2018, down from 133 in Q2 2018.
- Funds reported $399M of Barrett Business Services stock for Q3 2018, down 31% quarter-over-quarter.
- 12 funds opened new Barrett Business Services positions in Q3 2018 and 30 closed out, a net change of -18 holders.
- The largest Barrett Business Services buyer in Q3 2018 was Capital Research Global Investors, an estimated $23.5M added.
- The largest Barrett Business Services seller in Q3 2018 was Capital World Investors, an estimated $23.5M sold.
Based on aggregated 13F filings for Q3 2018.