Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cbiz Inc (CBZ)

254 + Investors. Track Smart Money conviction in CBZ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
54%

Smart Money Signals — CBZ

Based on 260 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CBZ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
260 funds currently hold this stock — 92% of the 3.0-year high of 282 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 8% fewer funds vs a year ago

fund count last 6Q
22 fewer hedge funds hold CBZ compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 54% buying

160 buying137 selling
Last quarter: 160 funds bought or added vs 137 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+19 vs last Q)

new funds entering per quarter
Funds opening a new CBZ position: 31 → 45 → 45 → 64. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 21% medium ■ 20% new
152 out of 260 hedge funds have held CBZ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -4%, value -49%

Value
-48%
Shares
-3%
Last quarter: funds added -4% more shares while total portfolio value only changed -49%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

43 → 31 → 45 → 45 → 64 new funds/Q
New funds entering each quarter: 31 → 45 → 45 → 64. A growing number of institutions are discovering CBZ each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 66% veterans vs 23% newcomers

■ 66% veterans ■ 11% 1-2yr ■ 23% new
Entry-cohort mix of 264 holders: 174 (66%) are 2+ year veterans, 29 entered 1–2 years ago, and 61 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
49 of 260 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CBZ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CBZ

In 2026 Q1, 160 hedge funds were net buyers of CBZ (64 opened a new position, 96 added to an existing one), while 137 reduced or exited (71 trimmed, 66 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 56% of total institutional value in CBZ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 260.

Hedge Fund Ownership: CBZ

How many hedge funds hold CBZ — quarterly history vs. share price
Quarterly hedge fund ownership of CBZ vs. share price

Market Analysis: CBZ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CBZ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Cbiz Inc (CBZ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CBZ has moved relative to its sector benchmark (XLI) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 51d ago
CBZ
+71.4%
XLI
-2.2%

CBZ outperformed XLI by +73.6% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 6d ago
CBZ
+1.0%
XLI
-2.8%

Since the filing became public, CBZ outperformed XLI by +3.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 3 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: CBZ
254 + Investors

Track Smart Money conviction in CBZ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 254 260 -2.31%
13F Shares 51M 52M -1.97%
Total Value $1.63B $1.40B 16.69%
New Positions 48 64 -16
Increased Positions 102 95 +7
Closed Positions 53 66 -13
Reduced Positions 63 69 -6
Total Calls 3 3 -
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.67 0.33 Bullish

Statistics: CBZ

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

254 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CBZ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CBZ holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 22C Capital LLC 100.00% 3,202,267 $102.7M
2 P2 Capital Partners, LLC 14.85% 1,136,974 $36.5M
3 DG Capital Management, LLC 4.46% 660,000 $21.2M
4 GatePass Capital, LLC 3.15% 258,877 $8.3M
5 BloombergSen Inc. 2.56% 1,068,306 $34.3M
6 Summit Creek Advisors LLC 1.35% 123,551 $4.0M
7 Taylor Frigon Capital Management LLC 1.12% 74,318 $2.4M
8 Waters Parkerson & CO., LLC 0.82% 515,707 $16.5M
9 Engine Capital Management, LP 0.63% 201,998 $6.5M
10 Basswood Capital Management, L.L.C. 0.58% 451,259 $14.5M
11 Bridge City Capital, LLC 0.47% 63,792 $2.0M
12 Fenimore Asset Management Inc 0.45% 681,628 $21.9M
13 Helium Advisors LLC 0.38% 14,300 $459K
14 Prelude Capital Management, LLC 0.37% 157,894 $5.1M
15 Clearline Capital LP 0.33% 174,345 $5.6M
16 Dana Investment Advisors, Inc. 0.27% 322,771 $10.4M
17 Woodard & Co Asset Management Group Inc /Adv 0.27% 57,645 $1.8M
18 Royce & Associates LP 0.26% 992,770 $31.8M
19 Chatham Capital Group, INC. 0.24% 59,773 $1.9M
20 Geneva Capital Management LLC 0.22% 294,044 $9.4M
21 Letson Investment Management, INC. 0.19% 16,020 $514K
22 Dynamic Technology Lab Private Ltd 0.17% 24,235 $777K
23 Montrusco Bolton Investments INC. 0.17% 342,221 $11.0M
24 Edgestream Partners, L.P. 0.16% 167,963 $5.4M
25 Chicago Wealth Management, Inc. 0.16% 14,000 $449K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cbiz Inc (CBZ)

What does the Smart Money Trend signal show for CBZ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CBZ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CBZ?

Slight buying edge — 54% buying: Last quarter: 160 funds bought or added vs 137 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CBZ holders?

Elite ownership — 56% AUM from top-100 funds: 49 of 260 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CBZ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CBZ?

58% of holders stayed for 2+ years: 152 out of 260 hedge funds have held CBZ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Cbiz Inc (CBZ) following the 2026 Q2 hedge fund 13F filings?

As of today, CBZ has moved +1.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to -2.8% for the XLI sector ETF — an outperformance of +3.8%. Since the quarter end (June 30, 2026), CBZ has gained +71.4% vs -2.2% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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