Pitney Bowes Inc 6.70% Notes Due 2043
PBI.PRB
7 hedge funds and large institutions have $12.3M invested in Pitney Bowes Inc 6.70% Notes Due 2043 in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
1.46% less ownership
Funds ownership: 4.29% → 2.83% (-1.5%)
22% less funds holding
Funds holding: 9 → 7 (-2)
36% less capital invested
Capital invested by funds: $19.1M → $12.3M (-$6.84M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$298K |
| 2 |
CAM
Capstone Asset Management
Houston,
Texas
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Roosevelt Investment Group
New York
|
-$448K |
| 2 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
-$205K |
| 3 |
LAM
Lebenthal Asset Management
New York
|
-$11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
1
Capstone Asset Management
Houston,
Texas
| $5.75M | +$255K | +9,812 | +5% |
|
|
RIG
2
Roosevelt Investment Group
New York
| $5.44M | -$448K | -17,250 | -8% |
|
|
SOAMC
3
Spirit of America Management Corp
Syosset,
New York
| $453K | – | – | – |
|
|
KIA
4
KCM Investment Advisors
Greenbrae,
California
| $320K | – | – | – |
|
|
5
Ameriprise
Minneapolis,
Minnesota
| $293K | +$298K | +11,456 | New |
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $24K | – | – | – |
|
|
VIA
7
Vantage Investment Advisors
State College,
Pennsylvania
| $23K | – | – | – |
|
|
FWCM
8
Ferguson Wellman Capital Management
Portland,
Oregon
| – | -$205K | -7,690 | Closed |
|
|
LAM
9
Lebenthal Asset Management
New York
| – | -$11K | -400 | Closed |
|
PBI.PRB Hedge Fund Activity: Q4 2016 in Review
7 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes Inc 6.70% Notes Due 2043 (PBI.PRB) for Q4 2016, worth a combined $12.3M — down 36% from $19.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PBI.PRB and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Ameriprise, opening a new position worth an estimated $298K. The largest seller was Roosevelt Investment Group, cutting an estimated $448K.
- 7 institutional investors held Pitney Bowes Inc 6.70% Notes Due 2043 (PBI.PRB) as of Q4 2016, down from 9 in Q3 2016.
- Funds reported $12.3M of Pitney Bowes Inc 6.70% Notes Due 2043 stock for Q4 2016, down 36% quarter-over-quarter.
- 1 fund opened new Pitney Bowes Inc 6.70% Notes Due 2043 positions in Q4 2016 and 2 closed out, a net change of -1 holder.
- The largest Pitney Bowes Inc 6.70% Notes Due 2043 buyer in Q4 2016 was Ameriprise, an estimated $298K added.
- The largest Pitney Bowes Inc 6.70% Notes Due 2043 seller in Q4 2016 was Roosevelt Investment Group, an estimated $448K sold.
Based on aggregated 13F filings for Q4 2016.