CBIZ
118 hedge funds and large institutions have $424M invested in CBIZ in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 28 increasing their positions, 43 reducing their positions, and 9 closing their positions.
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
39% more capital invested
Capital invested by funds: $306M → $424M (+$118M)
17.47% more ownership
Funds ownership: 80.61% → 98.08% (+17%)
16% more funds holding
Funds holding: 102 → 118 (+16)
35% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 43
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $54K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$20.4M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$6.12M |
| 3 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$5.88M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.32M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$1.94M |
| 2 |
Goldman Sachs
New York
|
-$1.23M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.07M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.05M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$1.02M |
CBZ Hedge Fund Activity: Q4 2013 in Review
118 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in CBIZ (CBZ) for Q4 2013, worth a combined $424M — up 39% from $306M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CBZ positions and 9 closed out — a net gain of 17 holders — while 28 added to existing stakes and 43 trimmed.
The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $20.4M. The largest seller was Lombardia Capital Partners, cutting an estimated $1.94M.
- 118 institutional investors held CBIZ (CBZ) as of Q4 2013, up from 102 in Q3 2013.
- Funds reported $424M of CBIZ stock for Q4 2013, up 39% quarter-over-quarter.
- 26 funds opened new CBIZ positions in Q4 2013 and 9 closed out, a net change of +17 holders.
- The largest CBIZ buyer in Q4 2013 was Silvercrest Asset Management, an estimated $20.4M added.
- The largest CBIZ seller in Q4 2013 was Lombardia Capital Partners, an estimated $1.94M sold.
Based on aggregated 13F filings for Q4 2013.