Pitney Bowes
357 hedge funds and large institutions have $1.93B invested in Pitney Bowes in 2017 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 125 increasing their positions, 101 reducing their positions, and 86 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
24% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 101
2.79% less ownership
Funds ownership: 81.74% → 78.96% (-2.8%)
7% less funds holding
Funds holding: 382 → 357 (-25)
16% less capital invested
Capital invested by funds: $2.31B → $1.93B (-$379M)
20% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 86
58% less call options, than puts
Call options by funds: $4.83M | Put options by funds: $11.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$296M |
| 2 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$54.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$19.7M |
| 4 |
Two Sigma Advisers
New York
|
+$17.4M |
| 5 |
Two Sigma Investments
New York
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$63.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$52.3M |
| 3 |
Bank of New York Mellon
New York
|
-$49.3M |
| 4 |
First Eagle Investment Management
New York
|
-$48.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$44.8M |
PBI Hedge Fund Activity: Q1 2017 in Review
357 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2017, worth a combined $1.93B — down 16% from $2.31B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of PBI and 69 opened new positions — a net loss of 17 holders — while 101 trimmed existing stakes and 125 added.
The largest buyer was BlackRock, adding an estimated $296M. The largest seller was Invesco, cutting an estimated $63.4M.
- 357 institutional investors held Pitney Bowes (PBI) as of Q1 2017, down from 382 in Q4 2016.
- Funds reported $1.93B of Pitney Bowes stock for Q1 2017, down 16% quarter-over-quarter.
- 69 funds opened new Pitney Bowes positions in Q1 2017 and 86 closed out, a net change of -17 holders.
- The largest Pitney Bowes buyer in Q1 2017 was BlackRock, an estimated $296M added.
- The largest Pitney Bowes seller in Q1 2017 was Invesco, an estimated $63.4M sold.
Based on aggregated 13F filings for Q1 2017.