CBIZ
127 hedge funds and large institutions have $773M invested in CBIZ in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 63 increasing their positions, 34 reducing their positions, and 11 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 34
8% more capital invested
Capital invested by funds: $719M → $773M (+$54.4M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1.3% less ownership
Funds ownership: 88.1% → 86.8% (-1.3%)
2% less funds holding
Funds holding: 129 → 127 (-2)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$4.23M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$3.55M |
| 4 |
Renaissance Technologies
New York
|
+$2.52M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$6.52M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.38M |
| 4 |
CEI
Clark Estates Inc
New York
|
-$3.5M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$2.32M |
CBZ Hedge Fund Activity: Q3 2017 in Review
127 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in CBIZ (CBZ) for Q3 2017, worth a combined $773M — up 7.6% from $719M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CBZ and 10 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 63 added.
The largest buyer was Millennium Management, adding an estimated $5.5M. The largest seller was Fidelity Investments, cutting an estimated $10M.
- 127 institutional investors held CBIZ (CBZ) as of Q3 2017, down from 129 in Q2 2017.
- Funds reported $773M of CBIZ stock for Q3 2017, up 7.6% quarter-over-quarter.
- 10 funds opened new CBIZ positions in Q3 2017 and 11 closed out, a net change of -1 holder.
- The largest CBIZ buyer in Q3 2017 was Millennium Management, an estimated $5.5M added.
- The largest CBIZ seller in Q3 2017 was Fidelity Investments, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2017.