Barrett Business Services
BBSI
141 hedge funds and large institutions have $495M invested in Barrett Business Services in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 63 reducing their positions, and 14 closing their positions.
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
1% more funds holding
Funds holding: 140 → 141 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $501M → $495M (-$5.83M)
11.6% less ownership
Funds ownership: 337.55% → 325.94% (-12%)
49% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 63
89% less call options, than puts
Call options by funds: $108K | Put options by funds: $966K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$2.3M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$2.05M |
| 3 |
PM
Prosight Management
Dallas,
Texas
|
+$1.97M |
| 4 |
Morgan Stanley
New York
|
+$1.43M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
-$7.24M |
| 2 |
Renaissance Technologies
New York
|
-$2.98M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.39M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$1.83M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.56M |
BBSI Hedge Fund Activity: Q3 2023 in Review
141 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q3 2023, worth a combined $495M — down 1.2% from $501M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BBSI positions and 14 closed out — a net gain of 3 holders — while 32 added to existing stakes and 63 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $2.3M. The largest seller was 22NW LP, cutting an estimated $7.24M.
- 141 institutional investors held Barrett Business Services (BBSI) as of Q3 2023, up from 140 in Q2 2023.
- Funds reported $495M of Barrett Business Services stock for Q3 2023, down 1.2% quarter-over-quarter.
- 17 funds opened new Barrett Business Services positions in Q3 2023 and 14 closed out, a net change of +3 holders.
- The largest Barrett Business Services buyer in Q3 2023 was Russell Investments Group, an estimated $2.3M added.
- The largest Barrett Business Services seller in Q3 2023 was 22NW LP, an estimated $7.24M sold.
Based on aggregated 13F filings for Q3 2023.