CBIZ
260 hedge funds and large institutions have $2.81B invested in CBIZ in 2023 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 86 increasing their positions, 94 reducing their positions, and 18 closing their positions.
1,082% more call options, than puts
Call options by funds: $2.88M | Put options by funds: $244K
111% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 18
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
24% more capital invested
Capital invested by funds: $2.27B → $2.81B (+$540M)
6% more funds holding
Funds holding: 245 → 260 (+15)
2.3% more ownership
Funds ownership: 87.84% → 90.14% (+2.3%)
9% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$63.5M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$43.1M |
| 3 |
Select Equity Group
New York
|
+$15M |
| 4 |
BlackRock
New York
|
+$10.4M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$6.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$21.8M |
| 2 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$20.4M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$13.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$13M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.8M |
CBZ Hedge Fund Activity: Q4 2023 in Review
260 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in CBIZ (CBZ) for Q4 2023, worth a combined $2.81B — up 24% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CBZ positions and 18 closed out — a net gain of 20 holders — while 86 added to existing stakes and 94 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $63.5M. The largest seller was Fidelity International, cutting an estimated $21.8M.
- 260 institutional investors held CBIZ (CBZ) as of Q4 2023, up from 245 in Q3 2023.
- Funds reported $2.81B of CBIZ stock for Q4 2023, up 24% quarter-over-quarter.
- 38 funds opened new CBIZ positions in Q4 2023 and 18 closed out, a net change of +20 holders.
- The largest CBIZ buyer in Q4 2023 was Neuberger Berman Group, an estimated $63.5M added.
- The largest CBIZ seller in Q4 2023 was Fidelity International, an estimated $21.8M sold.
Based on aggregated 13F filings for Q4 2023.