BBSI ranks #3010 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
BBSI is a top-conviction position for Trigran Investments, Inc. — at 5.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in BBSI belongs to BlackRock, Inc., but the position matters far more to Trigran Investments, Inc., who has 5.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Royce & Associates LP has added to its BBSI position for two straight quarters, increasing it by $14.5M to reach $46.0M today.
Mawer Investment Management Ltd. has trimmed its BBSI position for two straight quarters, cutting it by $27.4M while still holding $43.7M.
BBSI is down 0.2% today, but institutions show net buying of $74.1M this quarter — a divergence between today's price move and the underlying institutional flow.