Barrett Business Services
BBSI
133 hedge funds and large institutions have $462M invested in Barrett Business Services in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 38 increasing their positions, 54 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
3.07% more ownership
Funds ownership: 330.99% → 334.06% (+3.1%)
5% more capital invested
Capital invested by funds: $441M → $462M (+$20.6M)
1% more funds holding
Funds holding: 132 → 133 (+1)
30% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.09M |
| 3 |
Millennium Management
New York
|
+$4.11M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$788K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$738K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.71M |
| 2 |
BlackRock
New York
|
-$3.53M |
| 3 |
RA
Royce & Associates
New York
|
-$2.59M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$2.4M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.84M |
BBSI Hedge Fund Activity: Q3 2022 in Review
133 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q3 2022, worth a combined $462M — up 4.7% from $441M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BBSI positions and 11 closed out — a net gain of 2 holders — while 38 added to existing stakes and 54 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $6.3M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $3.71M.
- 133 institutional investors held Barrett Business Services (BBSI) as of Q3 2022, up from 132 in Q2 2022.
- Funds reported $462M of Barrett Business Services stock for Q3 2022, up 4.7% quarter-over-quarter.
- 13 funds opened new Barrett Business Services positions in Q3 2022 and 11 closed out, a net change of +2 holders.
- The largest Barrett Business Services buyer in Q3 2022 was Fidelity Investments, an estimated $6.3M added.
- The largest Barrett Business Services seller in Q3 2022 was DePrince Race & Zollo Inc (DRZ), an estimated $3.71M sold.
Based on aggregated 13F filings for Q3 2022.