Vault-13

CBIZ INC CBZ

COM · Common Stock · CUSIP 124805102

National provider of financial, insurance and advisory services in the U.S.

228 institutional holders +19 vs Q3 2022
44,638,45244.6m shares reported held*
87.8% of all shares outstanding*
$2.1bnreported value*
29 new 68 added 88 reduced 13 sold out net bought ≈ $122.6m (+2.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.4m this quarter). Holder counts are more reliable. Shares outstanding: 50.8m as of 2022-10-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $46.87. Options: 3 managers hold calls ($397.2k notional), 3 hold puts ($562.2k).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 209Q4 22: 228228Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022209
Q4 2022228

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ3 22 calls: $149.0kQ3 22 puts: $291.0kQ3 22P/C 1.95Q4 22 calls: $397.2kQ4 22 puts: $562.2kQ4 22P/C 1.42
Numbers
QuarterCallsPutsP/C
Q3 2022$149.0k$291.0k1.95
Q4 2022$397.2k$562.2k1.42

Biggest buyers

MORGAN STANLEY Added +3,465,585+3.5m
NEUMEIER POMA INVESTMENT COUNSEL LLC Added +377,455+377.5k
MACQUARIE GROUP LTD Added +206,652+206.7k
BlackRock Inc. Added +141,848+141.8k
STRS OHIO Added +136,100+136.1k
SEGALL BRYANT & HAMILL, LLC New +125,474+125.5k
GOLDMAN SACHS GROUP INC Added +123,779+123.8k
GW&K Investment Management, LLC Added +117,030+117.0k
Nuveen Asset Management, LLC Added +94,166+94.2k
CASTLEARK MANAGEMENT LLC New +82,030+82.0k

Biggest sellers

P2 Capital Partners, LLC Reduced -726,436-726.4k
Allspring Global Investments Holdings, LLC Reduced -681,076-681.1k
VICTORY CAPITAL MANAGEMENT INC Reduced -255,227-255.2k
MILLENNIUM MANAGEMENT LLC Reduced -247,718-247.7k
FIRST MANHATTAN CO. LLC. Reduced -117,895-117.9k
Cubist Systematic Strategies, LLC Reduced -95,612-95.6k
CARDINAL CAPITAL MANAGEMENT LLC /CT Reduced -94,255-94.3k
ExodusPoint Capital Management, LP Reduced -70,700-70.7k
DIMENSIONAL FUND ADVISORS LP Reduced -56,573-56.6k
SILVERCREST ASSET MANAGEMENT GROUP LLC Reduced -45,746-45.7k

Biggest calls

CITADEL ADVISORS LLC New $234.2k5.0k shares
SIMPLEX TRADING, LLC Unchanged $163.0k3.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

PEAK6 Investments LLC Added $520.0k11.1k shares
CITADEL ADVISORS LLC New $42.2k900 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FMR LLC 13G · institution -6.7 pts · filed 2026-08-07 8.3% -6.7 pts 4.5m≈ $143.2m 2026-08-07
BANK OF MONTREAL /CAN/ 13G · institution new · filed 2026-05-13 6.4% new 3.5m≈ $112.5m 2026-05-13
Winn David Randall 13G · passive investor new · filed 2025-05-08 5.2% new 2.8m≈ $90.0m 2025-05-08

Fell to 5% or below in the last year: Capital Research Global Investors (0.0%, 2026-05-14), MORGAN STANLEY (3.0%, 2026-05-11), VANGUARD GROUP INC (0.0%, 2026-03-26), Durable Capital Partners LP (3.0%, 2026-02-17)

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q1 21: 0 buyingQ1 21: 0 sellingQ2 21: 0 buyingQ2 21: 0 sellingQ2 21Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 0 buyingQ4 21: 1 sellingQ4 21Q1 22: 1 buyingQ1 22: 3 sellingQ2 22: 0 buyingQ2 22: 3 sellingQ2 22Q3 22: 0 buyingQ3 22: 2 sellingQ4 22: 0 buyingQ4 22: 2 sellingQ4 22
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20210—0——
Q2 20210—0——
Q3 20210—0——
Q4 20210—1$71.0k—
Q1 20221$97.5k3$3.7m—
Q2 20220—3$1.0m—
Q3 20220—2$3.7m—
Q4 20220—2$2.5m—
DateInsiderTradeSharesPrice ValueTheir holding
2022-12-02 GROVE WARE H C.F.O. Sold 7,000 $50.08 $350.6k7.0k shares -3%
2022-11-25 GROVE WARE H C.F.O. Sold 8,000 $50.16 $401.3k8.0k shares -3%
2022-10-31 HUDSON SHERRILL W Director Sold 20,000 $50.15 $1.0m20.0k shares -24%
2022-10-31 GROVE WARE H C.F.O. Sold 1,401 $50.00 $70.0k1.4k shares -0%
2022-10-28 GROVE WARE H C.F.O. Sold 13,599 $50.08 $681.0k13.6k shares -5%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,871,4163.9m $181.4m $181.4m 0.02% Added +3.5m +3,465,585
2 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 3,491,6323.5m $163.6m $163.6m 0.06% Reduced -56.6k -56,573
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,298,4283.3m $154.5m $154.5m 0.00% Added +141.8k +141,848
4 P2 Capital Partners, LLC 17.09% of their portfolio New York, NY 2,759,5952.8m $129.3m $129.3m 17.09% Reduced -726.4k -726,436
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,606,7882.6m $122.1m $122.1m 0.00% Added +1.8k +1,847
6 FIL Ltd 0.11% of their portfolio HAMILTON, D0 1,880,5951.9m $88.1m $88.1m 0.11% Reduced -1.6k -1,573
7 Allspring Global Investments Holdings, LLC 0.15% of their portfolio CHARLOTTE, NC 1,845,0291.8m $86.4m $86.4m 0.15% Reduced -681.1k -681,076
8 Burgundy Asset Management Ltd. 1.09% of their portfolio Toronto, A6 1,796,4571.8m $84.2m $84.2m 1.09% Reduced -7.5k -7,534
9 VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio San Antonio, TX 1,659,8311.7m $77.8m $77.8m 0.09% Reduced -255.2k -255,227
10 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.47% of their portfolio NEW YORK, NY 1,314,3641.3m $61.6m $61.6m 0.47% Reduced -45.7k -45,746
11 Mawer Investment Management Ltd. 0.33% of their portfolio CALGARY, A0 1,267,4001.3m $59.4m $59.4m 0.33% Reduced -2.3k -2,300
12 CARDINAL CAPITAL MANAGEMENT LLC /CT 1.80% of their portfolio GREENWICH, CT 1,193,4191.2m $55.9m $55.9m 1.80% Reduced -94.3k -94,255
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,186,0261.2m $55.6m $55.6m 0.01% Added +522 +522
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 995,685995.7k $46.6m $46.6m 0.00% Reduced -6.3k -6,271
15 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio CHICAGO, IL 881,505881.5k $41.3m $41.3m 0.16% Reduced -30.5k -30,513
16 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 875,538875.5k $41.0m $41.0m 0.01% Added +17.6k +17,627
17 Granite Investment Partners, LLC 1.41% of their portfolio EL SEGUNDO, CA 722,714722.7k $33.9m $33.9m 1.41% Reduced -21.1k -21,052
18 Paradice Investment Management LLC 2.58% of their portfolio Denver, CO 711,979712.0k $33.4m $33.4m 2.58% Reduced -8.0k -8,008
19 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 677,522677.5k $31.7m $31.7m 0.01% Added +81.9k +81,942
20 BloombergSen Inc. 2.57% of their portfolio TORONTO, A6 633,444633.4k $29.7m $29.7m 2.57% Reduced -34.0k -34,002
21 NEUMEIER POMA INVESTMENT COUNSEL LLC 2.46% of their portfolio CARMEL, CA 566,490566.5k $26.5m $26.5m 2.46% Added +377.5k +377,455
22 Fenimore Asset Management Inc 0.71% of their portfolio Cobleskill, NY 565,196565.2k $26.5m $26.5m 0.71% Reduced -24.4k -24,396
23 NORGES BANK 0.01% of their portfolio OSLO, Q8 501,389501.4k $23.5m $23.5m 0.01% Unchanged
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 495,192495.2k $23.2m $23.2m 0.01% Reduced -2.5k -2,533
25 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 444,621444.6k $20.8m $20.8m 0.01% Added +94.2k +94,166
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 398,864398.9k $18.7m $18.7m 0.00% Reduced -40.3k -40,259
27 BESSEMER GROUP INC 0.04% of their portfolio WOODBRIDGE, NJ 386,002386.0k $18.1m $18.1m 0.04% Added +16.3k +16,313
28 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 383,752383.8k $18.0m $18.0m 0.01% Added +123.8k +123,779
29 ArrowMark Colorado Holdings LLC 0.20% of their portfolio Denver, CO 359,100359.1k $16.8m $16.8m 0.20% Reduced -45.1k -45,115
30 GW&K Investment Management, LLC 0.16% of their portfolio BOSTON, MA 344,346344.3k $16.1m $16.1m 0.16% Added +117.0k +117,030
31 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 306,435306.4k $14.4m $14.4m 0.02% Added +4.5k +4,460
32 Man Group plc 0.04% of their portfolio LONDON, X0 253,731253.7k $11.9m $11.9m 0.04% Added +5.3k +5,317
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 245,100245.1k $11.5m $11.5m 0.00% Added +3.5k +3,536
34 FIRST MANHATTAN CO. LLC. 0.04% of their portfolio NEW YORK, NY 229,560229.6k $10.8m $10.8m 0.04% Reduced -117.9k -117,895
35 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 226,586226.6k $10.6m $10.6m 0.00% Reduced -15.7k -15,734
36 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 207,485207.5k $9.7m $9.7m 0.01% Added +206.7k +206,652
37 STRS OHIO 0.03% of their portfolio COLUMBUS, OH 159,500159.5k $7.5m $7.5m 0.03% Added +136.1k +136,100
38 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 143,737143.7k $6.7m $6.7m 0.00% Reduced -29.5k -29,485
39 Assenagon Asset Management S.A. 0.03% of their portfolio SENNINGERBERG, N4 136,543136.5k $6.4m $6.4m 0.03% Added +26.3k +26,259
40 Boston Partners 0.01% of their portfolio BOSTON, MA 134,808134.8k $6.3m $6.3m 0.01% Reduced -8.1k -8,107
41 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 126,577126.6k $5.9m $5.9m 0.00% Added +5.5k +5,499
42 SEGALL BRYANT & HAMILL, LLC 0.07% of their portfolio CHICAGO, IL 125,474125.5k $5.9m $5.9m 0.07% New
43 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 112,227112.2k $5.3m $5.3m 0.02% Reduced -15.3k -15,268
44 Swiss National Bank 0.00% of their portfolio ZURICH, V8 111,700111.7k $5.2m $5.2m 0.00% Added +400 +400
45 Alberta Investment Management Corp 0.04% of their portfolio EDMONTON, A0 105,468105.5k $4.9m $4.9m 0.04% Reduced -19.4k -19,426
46 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 104,623104.6k $4.9m $4.9m 0.01% Added +43.4k +43,400
47 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 103,272103.3k $4.8m $4.8m 0.01% Added +23.5k +23,529
48 PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio BOSTON, MA 101,091101.1k $4.7m $4.7m 0.03% Reduced -2.3k -2,278
49 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 100,293100.3k $4.7m $4.7m 0.00% Reduced -2.0k -2,040
50 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 100,078100.1k $4.7m $4.7m 0.02% Added +66.2k +66,206
51 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 98,62298.6k $4.6m $4.6m 0.00% Added +34.9k +34,899
52 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 88,98989.0k $4.2m $4.2m 0.00% Reduced -7.3k -7,259
53 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 88,79488.8k $4.2m $4.2m 0.01% Reduced -34 -34
54 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 83,70483.7k $3.9m $3.9m 0.02% Added +26.5k +26,490
55 CASTLEARK MANAGEMENT LLC 0.20% of their portfolio CHICAGO, IL 82,03082.0k $3.8m $3.8m 0.20% New
56 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 77,91877.9k $3.7m $3.7m 0.01% Reduced -22.3k -22,253
57 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 74,89074.9k $3.5m $3.5m 0.00% Added +2.1k +2,058
58 RICE HALL JAMES & ASSOCIATES, LLC 0.19% of their portfolio San Diego, CA 71,31671.3k $3.3m $3.3m 0.19% Reduced -32.3k -32,306
59 FMR LLC 0.00% of their portfolio BOSTON, MA 71,18371.2k $3.3m $3.3m 0.00% Added +17.0k +17,029
60 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 67,85467.9k $3.2m $3.2m 0.00% Added +3.1k +3,074
61 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 67,53867.5k $3.2m $3.2m 0.00% New
62 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 61,38661.4k $2.9m $2.9m 0.00% Reduced -3.1k -3,100
63 Informed Momentum Co LLC 0.59% of their portfolio SOLANA BEACH, CA 61,26761.3k $2.9m $2.9m 0.59% Reduced -9.1k -9,081
64 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 59,39559.4k $2.8m $2.8m 0.00% Reduced -126 -126
65 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 0.96% of their portfolio BERMUDA RUN, NC 57,64557.6k $2.7m $2.7m 0.96% Unchanged
66 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 57,54157.5k $2.7m $2.7m 0.02% Added +15.6k +15,576
67 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 56,58356.6k $2.7m $2.7m 0.01% Added +5.5k +5,540
68 ARGENT CAPITAL MANAGEMENT LLC 0.09% of their portfolio ST LOUIS, MO 55,73655.7k $2.6m $2.6m 0.09% Added +1.3k +1,275
69 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 55,30755.3k $2.6m $2.6m 0.00% Reduced -3.5k -3,454
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 54,77354.8k $2.6m $2.6m 0.00% Added +12.6k +12,612
71 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 54,25154.3k $2.5m $2.5m 0.02% Reduced -95.6k -95,612
72 Laurus Global Equity Management Inc. 1.25% of their portfolio TORONTO, A6 52,93052.9k $3.4m $3.4m 1.25% Added +26.8k +26,840
73 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 48,38348.4k $2.3m $2.3m 0.00% Added +14.5k +14,522
74 CHATHAM CAPITAL GROUP, INC. 0.52% of their portfolio SAVANNAH, GA 47,62547.6k $2.2m $2.2m 0.52% Reduced -100 -100
75 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 47,23847.2k $2.2m $2.2m 0.01% Reduced -5.7k -5,670
76 Burton Enright Welch 0.91% of their portfolio WALNUT CREEK, CA 46,87546.9k $2.2m $2.2m 0.91% Added +5.3k +5,262
77 Global IMC LLC 0.56% of their portfolio SOLANA BEACH, CA 46,52046.5k $2.2m $2.2m 0.56% Reduced -6.5k -6,548
78 MARTINGALE ASSET MANAGEMENT L P 0.04% of their portfolio BOSTON, MA 46,33946.3k $2.2m $2.2m 0.04% Reduced -1.8k -1,831
79 Legal & General Group Plc 0.00% of their portfolio London, X0 44,04744.0k $2.1m $2.1m 0.00% Reduced -1.1k -1,081
80 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 42,81842.8k $2.0m $2.0m 0.00% Reduced -247.7k -247,718
81 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 42,25742.3k $2.0m $2.0m 0.06% Unchanged
82 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 40,76840.8k $1.9m $1.9m 0.00% Reduced -1.3k -1,321
83 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 40,64840.6k $1.9m $1.9m 0.01% Added +6.2k +6,191
84 Roundview Capital LLC 0.22% of their portfolio PRINCETON, NJ 40,50540.5k $1.9m $1.9m 0.22% Reduced -3.6k -3,600
85 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.03% of their portfolio BALA CYNWYD, PA 35,85935.9k $1.7m $1.7m 0.03% Reduced -1.8k -1,794
86 CWM, LLC 0.01% of their portfolio OMAHA, NE 34,81834.8k $1.6m $1.6m 0.01% Reduced -2.7k -2,739
87 Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio Boston, MA 34,20034.2k $1.6m $1.6m 0.01% Added +24.6k +24,600
88 Graham Capital Management, L.P. 0.06% of their portfolio ROWAYTON, CT 32,19232.2k $1.5m $1.5m 0.06% New
89 Millington Financial Advisors, LLC 1.44% of their portfolio NAPERVILLE, IL 31,57031.6k $1.5m $1.5m 1.44% First filing
90 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 31,12431.1k $1.5m $1.5m 0.00% Reduced -34.4k -34,424
91 Schneider Downs Wealth Management Advisors, LP 0.29% of their portfolio Pittsburgh, PA 28,67628.7k $1.3m $1.3m 0.29% Unchanged
92 GLENMEDE TRUST CO NA 0.01% of their portfolio PHILADELPHIA, PA 27,38127.4k $1.3m $1.3m 0.01% Added +8.2k +8,174
93 Engineers Gate Manager LP 0.08% of their portfolio NEW YORK, NY 27,35027.4k $1.3m $1.3m 0.08% Reduced -3.3k -3,255
94 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 27,13227.1k $1.3m $1.3m 0.00% Added +33 +33
95 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 25,36825.4k $1.2m $1.2m 0.01% Unchanged
96 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 25,08125.1k $1.2m $1.2m 0.00% Added +2.9k +2,900
97 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 24,39024.4k $1.1m $1.1m 0.00% Reduced -2.3k -2,269
98 AXA S.A. 0.00% of their portfolio PARIS, I0 23,30023.3k $1.1m $1.1m 0.00% New
99 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 22,66122.7k $1.1m $1.1m 0.01% Reduced -347 -347
100 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 22,00922.0k $1.0m $1.0m 0.00% Reduced -558 -558