Pitney Bowes
263 hedge funds and large institutions have $828M invested in Pitney Bowes in 2021 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 68 increasing their positions, 82 reducing their positions, and 20 closing their positions.
85% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 20
6% more funds holding
Funds holding: 248 → 263 (+15)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.03% less ownership
Funds ownership: 65.63% → 65.6% (-0.03%)
12% less call options, than puts
Call options by funds: $12.9M | Put options by funds: $14.6M
17% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 82
17% less capital invested
Capital invested by funds: $1B → $828M (-$176M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$8.9M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$8.21M |
| 3 |
Two Sigma Investments
New York
|
+$7.01M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$5.92M |
| 5 |
Millennium Management
New York
|
+$5.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$18.1M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$15.1M |
| 3 |
SAM
Soviero Asset Management
New York
|
-$12.9M |
| 4 |
JP Morgan Chase
New York
|
-$5.94M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$5.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
276
Virtu Financial
New York
| – | -$188K | -21,398 | Closed |
|
277
Marshall Wace
London,
United Kingdom
| – | -$187K | -21,322 | Closed |
|
|
BC
278
Bridgefront Capital
Austin,
Texas
| – | -$162K | -18,487 | Closed |
|
|
MAM
279
Meeder Asset Management
Dublin,
Ohio
| – | -$34.9K | -4,460 | -99% |
|
|
ASN
280
Advisory Services Network
Atlanta,
Georgia
| – | -$31K | -3,551 | Closed |
|
|
SOW
281
State of Wyoming
Cheyenne,
Wyoming
| – | -$19K | -2,130 | Closed |
|
|
BBL
282
Beck Bode LLC
Dedham,
Massachusetts
| – | -$11K | -1,200 | Closed |
|
|
MRCM
283
M&R Capital Management
Summit,
New Jersey
| – | -$8K | -1,000 | Closed |
|
|
SCA
284
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$391 | -50 | -50% |
|
PBI Hedge Fund Activity: Q3 2021 in Review
263 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q3 2021, worth a combined $828M — down 17% from $1B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PBI positions and 20 closed out — a net gain of 17 holders — while 68 added to existing stakes and 82 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $8.9M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $18.1M sold.
- 263 institutional investors held Pitney Bowes (PBI) as of Q3 2021, up from 248 in Q2 2021.
- Funds reported $828M of Pitney Bowes stock for Q3 2021, down 17% quarter-over-quarter.
- 37 funds opened new Pitney Bowes positions in Q3 2021 and 20 closed out, a net change of +17 holders.
- The largest Pitney Bowes buyer in Q3 2021 was Frontier Capital Management, an estimated $8.9M added.
- The largest Pitney Bowes seller in Q3 2021 was Arrowstreet Capital, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2021.