Pitney Bowes Inc 6.70% Notes Due 2043
PBI.PRB
8 hedge funds and large institutions have $10M invested in Pitney Bowes Inc 6.70% Notes Due 2043 in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 0 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
32% more capital invested
Capital invested by funds: $7.59M → $10M (+$2.42M)
14% more funds holding
Funds holding: 7 → 8 (+1)
0.56% more ownership
Funds ownership: 2.07% → 2.63% (+0.56%)
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
|
+$1.08M |
| 2 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$734K |
| 3 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$193K |
| 4 |
BAM
Banta Asset Management
Newport Beach,
California
|
+$110K |
| 5 |
CAM
Capstone Asset Management
Houston,
Texas
|
+$41.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
-$45.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
1
Capstone Asset Management
Houston,
Texas
| $3.34M | +$41.9K | +1,669 | +1% |
|
|
BAM
2
Banta Asset Management
Newport Beach,
California
| $2.95M | +$110K | +4,399 | +4% |
|
|
RIG
3
Roosevelt Investment Group
New York
| $1.77M | +$1.08M | +42,950 | +159% |
|
|
MPWT
4
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $867K | +$734K | +29,250 | +594% |
|
|
CNB
5
City National Bank
Beverly Hills,
California
| $508K | – | – | – |
|
|
KIA
6
KCM Investment Advisors
Greenbrae,
California
| $378K | -$45.2K | -1,800 | -11% |
|
|
SOAMC
7
Spirit of America Management Corp
Syosset,
New York
| $196K | +$193K | +7,700 | New |
|
8
Ameriprise
Minneapolis,
Minnesota
| $10K | +$5.02K | +200 | +100% |
|
PBI.PRB Hedge Fund Activity: Q1 2014 in Review
8 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes Inc 6.70% Notes Due 2043 (PBI.PRB) for Q1 2014, worth a combined $10M — up 32% from $7.59M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new PBI.PRB positions and 0 closed out — a net gain of 1 holder — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Roosevelt Investment Group, adding an estimated $1.08M. The largest seller was KCM Investment Advisors, cutting an estimated $45.2K.
- 8 institutional investors held Pitney Bowes Inc 6.70% Notes Due 2043 (PBI.PRB) as of Q1 2014, up from 7 in Q4 2013.
- Funds reported $10M of Pitney Bowes Inc 6.70% Notes Due 2043 stock for Q1 2014, up 32% quarter-over-quarter.
- 1 fund opened new Pitney Bowes Inc 6.70% Notes Due 2043 positions in Q1 2014 and 0 closed out, a net change of +1 holder.
- The largest Pitney Bowes Inc 6.70% Notes Due 2043 buyer in Q1 2014 was Roosevelt Investment Group, an estimated $1.08M added.
- The largest Pitney Bowes Inc 6.70% Notes Due 2043 seller in Q1 2014 was KCM Investment Advisors, an estimated $45.2K sold.
Based on aggregated 13F filings for Q1 2014.