Barrett Business Services
BBSI
163 hedge funds and large institutions have $631M invested in Barrett Business Services in 2023 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 58 reducing their positions, and 7 closing their positions.
329% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 7
27% more capital invested
Capital invested by funds: $495M → $631M (+$136M)
16% more funds holding
Funds holding: 141 → 163 (+22)
3.5% more ownership
Funds ownership: 325.94% → 329.44% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
17% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$14.4M |
| 2 |
BlackRock
New York
|
+$3.72M |
| 3 |
Millennium Management
New York
|
+$2.93M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.14M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$16.2M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$6.41M |
| 3 |
2L
22NW LP
Seattle,
Washington
|
-$3.45M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$2.18M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$2.06M |
BBSI Hedge Fund Activity: Q4 2023 in Review
163 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q4 2023, worth a combined $631M — up 27% from $495M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BBSI positions and 7 closed out — a net gain of 23 holders — while 48 added to existing stakes and 58 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $14.4M. The largest seller was American Century Companies, cutting an estimated $16.2M.
- 163 institutional investors held Barrett Business Services (BBSI) as of Q4 2023, up from 141 in Q3 2023.
- Funds reported $631M of Barrett Business Services stock for Q4 2023, up 27% quarter-over-quarter.
- 30 funds opened new Barrett Business Services positions in Q4 2023 and 7 closed out, a net change of +23 holders.
- The largest Barrett Business Services buyer in Q4 2023 was JP Morgan Chase, an estimated $14.4M added.
- The largest Barrett Business Services seller in Q4 2023 was American Century Companies, an estimated $16.2M sold.
Based on aggregated 13F filings for Q4 2023.