Pitney Bowes
PBI
313 hedge funds and large institutions have $1.18B invested in Pitney Bowes in 2018 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 108 increasing their positions, 106 reducing their positions, and 66 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 106
2.45% less ownership
Funds ownership: 75.86% → 73.41% (-2.4%)
10% less funds holding
Funds holding: 346 → 313 (-33)
24% less capital invested
Capital invested by funds: $1.55B → $1.18B (-$368M)
47% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 66
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
77% less call options, than puts
Call options by funds: $6.07M | Put options by funds: $25.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$48.8M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$12.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$9.95M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.81M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$8.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$45.6M |
| 2 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$20M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$15M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.9M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$10.6M |
PBI Hedge Fund Activity: Q2 2018 in Review
313 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q2 2018, worth a combined $1.18B — down 24% from $1.55B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of PBI and 35 opened new positions — a net loss of 31 holders — while 106 trimmed existing stakes and 108 added.
The largest buyer was BlackRock, adding an estimated $48.8M. The largest seller was Millennium Management, exiting entirely with an estimated $45.6M sold.
- 313 institutional investors held Pitney Bowes (PBI) as of Q2 2018, down from 346 in Q1 2018.
- Funds reported $1.18B of Pitney Bowes stock for Q2 2018, down 24% quarter-over-quarter.
- 35 funds opened new Pitney Bowes positions in Q2 2018 and 66 closed out, a net change of -31 holders.
- The largest Pitney Bowes buyer in Q2 2018 was BlackRock, an estimated $48.8M added.
- The largest Pitney Bowes seller in Q2 2018 was Millennium Management, an estimated $45.6M sold.
Based on aggregated 13F filings for Q2 2018.