Pitney Bowes
PBI
331 hedge funds and large institutions have $4.7B invested in Pitney Bowes in 2015 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 123 increasing their positions, 104 reducing their positions, and 46 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more capital invested
Capital invested by funds: $3.71B → $4.7B (+$985M)
18% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 104
2.57% less ownership
Funds ownership: 89.09% → 86.53% (-2.6%)
5% less funds holding
Funds holding: 349 → 331 (-18)
19% less call options, than puts
Call options by funds: $10.5M | Put options by funds: $12.9M
35% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$24M |
| 2 |
Bank of New York Mellon
New York
|
+$22.3M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$21.5M |
| 4 |
Neuberger Berman Group
New York
|
+$21.2M |
| 5 |
Lazard Asset Management
New York
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$59.6M |
| 2 |
D.E. Shaw & Co
New York
|
-$41.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$35.8M |
| 4 |
JP Morgan Chase
New York
|
-$24.1M |
| 5 |
Renaissance Technologies
New York
|
-$20M |
PBI Hedge Fund Activity: Q3 2015 in Review
331 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q3 2015, worth a combined $4.7B — up 27% from $3.71B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PBI and 30 opened new positions — a net loss of 16 holders — while 104 trimmed existing stakes and 123 added.
The largest buyer was Wells Fargo, adding an estimated $24M. The largest seller was Gotham Asset Management, cutting an estimated $59.6M.
- 331 institutional investors held Pitney Bowes (PBI) as of Q3 2015, down from 349 in Q2 2015.
- Funds reported $4.7B of Pitney Bowes stock for Q3 2015, up 27% quarter-over-quarter.
- 30 funds opened new Pitney Bowes positions in Q3 2015 and 46 closed out, a net change of -16 holders.
- The largest Pitney Bowes buyer in Q3 2015 was Wells Fargo, an estimated $24M added.
- The largest Pitney Bowes seller in Q3 2015 was Gotham Asset Management, an estimated $59.6M sold.
Based on aggregated 13F filings for Q3 2015.