Pitney Bowes Inc 6.70% Notes Due 2043
PBI.PRB
8 hedge funds and large institutions have $12.4M invested in Pitney Bowes Inc 6.70% Notes Due 2043 in 2014 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
12% more capital invested
Capital invested by funds: $11.1M → $12.4M (+$1.29M)
0.21% more ownership
Funds ownership: 2.53% → 2.74% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 9 → 8 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Roosevelt Investment Group
New York
|
+$502K |
| 2 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$278K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$200K |
| 4 |
CAM
Capstone Asset Management
Houston,
Texas
|
+$13.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$36K |
| 2 |
BAM
Banta Asset Management
Newport Beach,
California
|
-$21.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
1
Capstone Asset Management
Houston,
Texas
| $3.75M | +$13.9K | +525 | +0.4% |
|
|
BAM
2
Banta Asset Management
Newport Beach,
California
| $3.04M | -$21.1K | -800 | -0.7% |
|
|
RIG
3
Roosevelt Investment Group
New York
| $2.64M | +$502K | +19,025 | +24% |
|
|
MPWT
4
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $1.36M | +$278K | +10,525 | +26% |
|
|
CNB
5
City National Bank
Beverly Hills,
California
| $533K | – | – | – |
|
|
6
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $486K | +$200K | +7,567 | +71% |
|
|
KIA
7
KCM Investment Advisors
Greenbrae,
California
| $376K | – | – | – |
|
|
SOAMC
8
Spirit of America Management Corp
Syosset,
New York
| $205K | – | – | – |
|
|
9
Ameriprise
Minneapolis,
Minnesota
| – | -$36K | -1,400 | Closed |
|
PBI.PRB Hedge Fund Activity: Q4 2014 in Review
8 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes Inc 6.70% Notes Due 2043 (PBI.PRB) for Q4 2014, worth a combined $12.4M — up 12% from $11.1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of PBI.PRB and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 4 added.
The largest buyer was Roosevelt Investment Group, adding an estimated $502K. The largest seller was Ameriprise, exiting entirely with an estimated $36K sold.
- 8 institutional investors held Pitney Bowes Inc 6.70% Notes Due 2043 (PBI.PRB) as of Q4 2014, down from 9 in Q3 2014.
- Funds reported $12.4M of Pitney Bowes Inc 6.70% Notes Due 2043 stock for Q4 2014, up 12% quarter-over-quarter.
- 0 funds opened new Pitney Bowes Inc 6.70% Notes Due 2043 positions in Q4 2014 and 1 closed out, a net change of -1 holder.
- The largest Pitney Bowes Inc 6.70% Notes Due 2043 buyer in Q4 2014 was Roosevelt Investment Group, an estimated $502K added.
- The largest Pitney Bowes Inc 6.70% Notes Due 2043 seller in Q4 2014 was Ameriprise, an estimated $36K sold.
Based on aggregated 13F filings for Q4 2014.