CBIZ
111 hedge funds and large institutions have $454M invested in CBIZ in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 36 reducing their positions, and 20 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 36
5% less capital invested
Capital invested by funds: $476M → $454M (-$22.5M)
2.66% less ownership
Funds ownership: 104.39% → 101.72% (-2.7%)
8% less funds holding
Funds holding: 120 → 111 (-9)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $17K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$4.32M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$1.85M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$1.66M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$7.92M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.51M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$4.82M |
| 4 |
PCP
P2 Capital Partners
New York
|
-$4.42M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.94M |
CBZ Hedge Fund Activity: Q2 2014 in Review
111 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in CBIZ (CBZ) for Q2 2014, worth a combined $454M — down 4.7% from $476M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CBZ and 11 opened new positions — a net loss of 9 holders — while 36 trimmed existing stakes and 39 added.
The largest buyer was Fidelity Investments, adding an estimated $5M. The largest seller was Northern Trust, cutting an estimated $7.92M.
- 111 institutional investors held CBIZ (CBZ) as of Q2 2014, down from 120 in Q1 2014.
- Funds reported $454M of CBIZ stock for Q2 2014, down 4.7% quarter-over-quarter.
- 11 funds opened new CBIZ positions in Q2 2014 and 20 closed out, a net change of -9 holders.
- The largest CBIZ buyer in Q2 2014 was Fidelity Investments, an estimated $5M added.
- The largest CBIZ seller in Q2 2014 was Northern Trust, an estimated $7.92M sold.
Based on aggregated 13F filings for Q2 2014.