Barrett Business Services
BBSI
140 hedge funds and large institutions have $501M invested in Barrett Business Services in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 21 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
7.33% more ownership
Funds ownership: 330.22% → 337.55% (+7.3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% less capital invested
Capital invested by funds: $503M → $501M (-$2.34M)
7% less funds holding
Funds holding: 151 → 140 (-11)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.18M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.51M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$2.02M |
| 4 |
BlackRock
New York
|
+$1.9M |
| 5 |
RA
Royce & Associates
New York
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$2.86M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$2.5M |
| 3 |
Renaissance Technologies
New York
|
-$2.03M |
| 4 |
Two Sigma Investments
New York
|
-$1.84M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.49M |
BBSI Hedge Fund Activity: Q2 2023 in Review
140 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q2 2023, worth a combined $501M — down 0.47% from $503M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of BBSI and 11 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 53 added.
The largest buyer was Fidelity Investments, adding an estimated $5.18M. The largest seller was State Street, cutting an estimated $2.86M.
- 140 institutional investors held Barrett Business Services (BBSI) as of Q2 2023, down from 151 in Q1 2023.
- Funds reported $501M of Barrett Business Services stock for Q2 2023, down 0.47% quarter-over-quarter.
- 11 funds opened new Barrett Business Services positions in Q2 2023 and 21 closed out, a net change of -10 holders.
- The largest Barrett Business Services buyer in Q2 2023 was Fidelity Investments, an estimated $5.18M added.
- The largest Barrett Business Services seller in Q2 2023 was State Street, an estimated $2.86M sold.
Based on aggregated 13F filings for Q2 2023.