Pitney Bowes
PBI
241 hedge funds and large institutions have $276M invested in Pitney Bowes in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 69 increasing their positions, 78 reducing their positions, and 52 closing their positions.
0.28% more ownership
Funds ownership: 78.97% → 79.26% (+0.28%)
10% less funds holding
Funds holding: 267 → 241 (-26)
12% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 78
44% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 52
49% less capital invested
Capital invested by funds: $544M → $276M (-$268M)
84% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $8.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
Ellington Management Group
Old Greenwich,
Connecticut
|
+$6.36M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$4.63M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.19M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.02M |
| 5 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
-$2.91M |
| 2 |
LCS
Levin Capital Strategies
New York
|
-$2.26M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.9M |
| 4 |
Renaissance Technologies
New York
|
-$1.5M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$1.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TF
276
TimeScale Financial
Danvers,
Massachusetts
| – | -$3.29K | -960 | Closed |
|
277
Rockefeller Capital Management
New York
| – | -$2K | -450 | Closed |
|
|
HB
278
Horizon Bancorp
Michigan City,
Indiana
| – | -$2K | -400 | Closed |
|
|
PA
279
Parallel Advisors
San Francisco,
California
| – | -$2K | -381 | Closed |
|
|
QCG
280
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -318 | Closed |
|
|
ANBT
281
American National Bank & Trust
Wichita Falls,
Texas
| – | -$1K | -225 | Closed |
|
|
IWA
282
Intercontinental Wealth Advisors
San Antonio,
Texas
| – | -$1K | -218 | Closed |
|
|
PFGIA
283
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$1K | -142 | Closed |
|
|
CAN
284
Claraphi Advisory Network
Aliso Viejo,
United States
| – | +$206 | +60 | New |
|
|
QT
285
Quantbot Technologies
New York
| – | +$1.58K | +460 | New |
|
PBI Hedge Fund Activity: Q1 2020 in Review
241 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2020, worth a combined $276M — down 49% from $544M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of PBI and 29 opened new positions — a net loss of 23 holders — while 78 trimmed existing stakes and 69 added.
The largest buyer was Ellington Management Group, adding an estimated $6.36M. The largest seller was Lapides Asset Management, cutting an estimated $2.91M.
- 241 institutional investors held Pitney Bowes (PBI) as of Q1 2020, down from 267 in Q4 2019.
- Funds reported $276M of Pitney Bowes stock for Q1 2020, down 49% quarter-over-quarter.
- 29 funds opened new Pitney Bowes positions in Q1 2020 and 52 closed out, a net change of -23 holders.
- The largest Pitney Bowes buyer in Q1 2020 was Ellington Management Group, an estimated $6.36M added.
- The largest Pitney Bowes seller in Q1 2020 was Lapides Asset Management, an estimated $2.91M sold.
Based on aggregated 13F filings for Q1 2020.