Pitney Bowes Inc 6.70% Notes Due 2043
PBI.PRB
7 hedge funds and large institutions have $7.59M invested in Pitney Bowes Inc 6.70% Notes Due 2043 in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
40% more funds holding
Funds holding: 5 → 7 (+2)
16% more capital invested
Capital invested by funds: $6.54M → $7.59M (+$1.05M)
0.3% more ownership
Funds ownership: 1.77% → 2.07% (+0.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Roosevelt Investment Group
New York
|
+$668K |
| 2 |
BAM
Banta Asset Management
Newport Beach,
California
|
+$292K |
| 3 |
CNB
City National Bank
Beverly Hills,
California
|
+$248K |
| 4 |
CAM
Capstone Asset Management
Houston,
Texas
|
+$38.4K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
1
Capstone Asset Management
Houston,
Texas
| $3.18M | +$38.4K | +1,549 | +1% |
|
|
BAM
2
Banta Asset Management
Newport Beach,
California
| $2.73M | +$292K | +11,775 | +12% |
|
|
RIG
3
Roosevelt Investment Group
New York
| $659K | +$668K | +26,950 | New |
|
|
CNB
4
City National Bank
Beverly Hills,
California
| $489K | +$248K | +10,000 | +100% |
|
|
KIA
5
KCM Investment Advisors
Greenbrae,
California
| $409K | – | – | – |
|
|
MPWT
6
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $121K | +$122K | +4,925 | New |
|
|
7
Ameriprise
Minneapolis,
Minnesota
| $5K | +$4.95K | +200 | New |
|
|
SOAMC
8
Spirit of America Management Corp
Syosset,
New York
| – | -$247K | -10,000 | Closed |
|
PBI.PRB Hedge Fund Activity: Q4 2013 in Review
7 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes Inc 6.70% Notes Due 2043 (PBI.PRB) for Q4 2013, worth a combined $7.59M — up 16% from $6.54M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PBI.PRB positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Roosevelt Investment Group, opening a new position worth an estimated $668K. The largest seller was Spirit of America Management Corp, exiting entirely with an estimated $247K sold.
- 7 institutional investors held Pitney Bowes Inc 6.70% Notes Due 2043 (PBI.PRB) as of Q4 2013, up from 5 in Q3 2013.
- Funds reported $7.59M of Pitney Bowes Inc 6.70% Notes Due 2043 stock for Q4 2013, up 16% quarter-over-quarter.
- 3 funds opened new Pitney Bowes Inc 6.70% Notes Due 2043 positions in Q4 2013 and 1 closed out, a net change of +2 holders.
- The largest Pitney Bowes Inc 6.70% Notes Due 2043 buyer in Q4 2013 was Roosevelt Investment Group, an estimated $668K added.
- The largest Pitney Bowes Inc 6.70% Notes Due 2043 seller in Q4 2013 was Spirit of America Management Corp, an estimated $247K sold.
Based on aggregated 13F filings for Q4 2013.