Pitney Bowes
PBI
348 hedge funds and large institutions have $2.2B invested in Pitney Bowes in 2017 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 107 increasing their positions, 134 reducing their positions, and 51 closing their positions.
14% more capital invested
Capital invested by funds: $1.93B → $2.2B (+$269M)
0.92% less ownership
Funds ownership: 78.96% → 78.04% (-0.92%)
3% less funds holding
Funds holding: 357 → 348 (-9)
12% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 51
20% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 134
26% less call options, than puts
Call options by funds: $6.99M | Put options by funds: $9.47M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$23.8M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$16.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.9M |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$14.6M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$23.4M |
| 2 |
Morgan Stanley
New York
|
-$16.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$15.4M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$11.8M |
| 5 |
First Eagle Investment Management
New York
|
-$11.1M |
PBI Hedge Fund Activity: Q2 2017 in Review
348 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q2 2017, worth a combined $2.2B — up 14% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of PBI and 45 opened new positions — a net loss of 6 holders — while 134 trimmed existing stakes and 107 added.
The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $23.8M. The largest seller was Vanguard Group, cutting an estimated $23.4M.
- 348 institutional investors held Pitney Bowes (PBI) as of Q2 2017, down from 357 in Q1 2017.
- Funds reported $2.2B of Pitney Bowes stock for Q2 2017, up 14% quarter-over-quarter.
- 45 funds opened new Pitney Bowes positions in Q2 2017 and 51 closed out, a net change of -6 holders.
- The largest Pitney Bowes buyer in Q2 2017 was Alyeska Investment Group, an estimated $23.8M added.
- The largest Pitney Bowes seller in Q2 2017 was Vanguard Group, an estimated $23.4M sold.
Based on aggregated 13F filings for Q2 2017.