Pitney Bowes
PBI
379 hedge funds and large institutions have $4.55B invested in Pitney Bowes in 2014 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 121 increasing their positions, 146 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
93% more call options, than puts
Call options by funds: $131M | Put options by funds: $67.9M
33% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 36
17% more capital invested
Capital invested by funds: $3.9B → $4.55B (+$656M)
3.78% more ownership
Funds ownership: 82.88% → 86.66% (+3.8%)
3% more funds holding
Funds holding: 369 → 379 (+10)
17% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 146
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$64M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59.7M |
| 3 |
D.E. Shaw & Co
New York
|
+$44.9M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$34.6M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$46.4M |
| 2 |
Morgan Stanley
New York
|
-$46.2M |
| 3 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$36.3M |
| 4 |
Goldman Sachs
New York
|
-$26.2M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$18.3M |
PBI Hedge Fund Activity: Q1 2014 in Review
379 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2014, worth a combined $4.55B — up 17% from $3.9B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PBI positions and 36 closed out — a net gain of 12 holders — while 121 added to existing stakes and 146 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $64M. The largest seller was Lord, Abbett & Co, cutting an estimated $46.4M.
- 379 institutional investors held Pitney Bowes (PBI) as of Q1 2014, up from 369 in Q4 2013.
- Funds reported $4.55B of Pitney Bowes stock for Q1 2014, up 17% quarter-over-quarter.
- 48 funds opened new Pitney Bowes positions in Q1 2014 and 36 closed out, a net change of +12 holders.
- The largest Pitney Bowes buyer in Q1 2014 was Systematic Financial Management, an estimated $64M added.
- The largest Pitney Bowes seller in Q1 2014 was Lord, Abbett & Co, an estimated $46.4M sold.
Based on aggregated 13F filings for Q1 2014.