Barrett Business Services
BBSI
190 hedge funds and large institutions have $919M invested in Barrett Business Services in 2025 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 54 increasing their positions, 75 reducing their positions, and 19 closing their positions.
9,163% more call options, than puts
Call options by funds: $741K | Put options by funds: $8K
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
7% more funds holding
Funds holding: 177 → 190 (+13)
2.24% less ownership
Funds ownership: 88.73% → 86.49% (-2.2%)
8% less capital invested
Capital invested by funds: $1,000M → $919M (-$80.7M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
28% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.8M |
| 2 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$2.5M |
| 3 |
Two Sigma Investments
New York
|
+$2.03M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.97M |
| 5 |
Jane Street
New York
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$6.15M |
| 2 |
2L
22NW LP
Seattle,
Washington
|
-$5.52M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.3M |
| 4 |
Goldman Sachs
New York
|
-$3.93M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$3.85M |
BBSI Hedge Fund Activity: Q1 2025 in Review
190 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Barrett Business Services (BBSI) for Q1 2025, worth a combined $919M — down 8.1% from $1,000M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BBSI positions and 19 closed out — a net gain of 14 holders — while 54 added to existing stakes and 75 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $3.8M. The largest seller was Mawer Investment Management, cutting an estimated $6.15M.
- 190 institutional investors held Barrett Business Services (BBSI) as of Q1 2025, up from 177 in Q4 2024.
- Funds reported $919M of Barrett Business Services stock for Q1 2025, down 8.1% quarter-over-quarter.
- 33 funds opened new Barrett Business Services positions in Q1 2025 and 19 closed out, a net change of +14 holders.
- The largest Barrett Business Services buyer in Q1 2025 was Millennium Management, an estimated $3.8M added.
- The largest Barrett Business Services seller in Q1 2025 was Mawer Investment Management, an estimated $6.15M sold.
Based on aggregated 13F filings for Q1 2025.