Pitney Bowes
PBI
267 hedge funds and large institutions have $544M invested in Pitney Bowes in 2019 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 78 increasing their positions, 83 reducing their positions, and 28 closing their positions.
54% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 28
5% more funds holding
Funds holding: 255 → 267 (+12)
1.91% more ownership
Funds ownership: 77.06% → 78.97% (+1.9%)
0% more call options, than puts
Call options by funds: $7.22M | Put options by funds: $7.21M
6% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 83
10% less capital invested
Capital invested by funds: $602M → $544M (-$58.1M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.8M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$12.9M |
| 3 |
JP Morgan Chase
New York
|
+$8.19M |
| 4 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$4.69M |
| 5 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12.6M |
| 2 |
Bank of New York Mellon
New York
|
-$10.4M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$3.28M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.67M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$2.66M |
PBI Hedge Fund Activity: Q4 2019 in Review
267 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q4 2019, worth a combined $544M — down 9.7% from $602M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PBI positions and 28 closed out — a net gain of 15 holders — while 78 added to existing stakes and 83 trimmed.
The largest buyer was Vanguard Group, adding an estimated $19.8M. The largest seller was Goldman Sachs, cutting an estimated $12.6M.
- 267 institutional investors held Pitney Bowes (PBI) as of Q4 2019, up from 255 in Q3 2019.
- Funds reported $544M of Pitney Bowes stock for Q4 2019, down 9.7% quarter-over-quarter.
- 43 funds opened new Pitney Bowes positions in Q4 2019 and 28 closed out, a net change of +15 holders.
- The largest Pitney Bowes buyer in Q4 2019 was Vanguard Group, an estimated $19.8M added.
- The largest Pitney Bowes seller in Q4 2019 was Goldman Sachs, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2019.