CBIZ
143 hedge funds and large institutions have $1.13B invested in CBIZ in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 54 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more capital invested
Capital invested by funds: $880M → $1.13B (+$255M)
8% more funds holding
Funds holding: 133 → 143 (+10)
1.92% more ownership
Funds ownership: 87.65% → 89.57% (+1.9%)
28% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.2M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$7.75M |
| 3 |
BlackRock
New York
|
+$7.41M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$3.81M |
| 5 |
Renaissance Technologies
New York
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.9M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$10.2M |
| 3 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$9.4M |
| 4 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$8.43M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$5.65M |
CBZ Hedge Fund Activity: Q2 2018 in Review
143 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in CBIZ (CBZ) for Q2 2018, worth a combined $1.13B — up 29% from $880M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CBZ positions and 10 closed out — a net gain of 11 holders — while 39 added to existing stakes and 54 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $45.2M. The largest seller was Polar Asset Management Partners, cutting an estimated $10.9M.
- 143 institutional investors held CBIZ (CBZ) as of Q2 2018, up from 133 in Q1 2018.
- Funds reported $1.13B of CBIZ stock for Q2 2018, up 29% quarter-over-quarter.
- 21 funds opened new CBIZ positions in Q2 2018 and 10 closed out, a net change of +11 holders.
- The largest CBIZ buyer in Q2 2018 was Fidelity Investments, an estimated $45.2M added.
- The largest CBIZ seller in Q2 2018 was Polar Asset Management Partners, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2018.