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Pitney Bowes

314 hedge funds and large institutions have $935M invested in Pitney Bowes in 2019 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 100 increasing their positions, 93 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 41

21% more capital invested

Capital invested by funds: $775M → $935M (+$161M)

2.8% more ownership

Funds ownership: 70.75%73.55% (+2.8%)

3% more funds holding

Funds holding: 306314 (+8)

8% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 93

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

37% less call options, than puts

Call options by funds: $5.34M | Put options by funds: $8.44M

Holders
314
Holders Change
+8
Holders Change %
+2.61%
% of All Funds
6.8%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
50
Increased
100
Reduced
93
Closed
41
Calls
$5.34M
Puts
$8.44M
Net Calls
-$3.09M
Net Calls Change
+$7.19M
Name Holding Trade Value Shares
Change
Change in
Stake
Schroder Investment Management Group
26
Schroder Investment Management Group
United Kingdom
$7.39M -$3.88M -561,355 -34%
RA
27
Royce & Associates
New York
$7.23M +$1.22M +176,903 +20%
Wells Fargo
28
Wells Fargo
California
$6.94M -$77.4K -11,191 -1%
Principal Financial Group
29
Principal Financial Group
Iowa
$6.9M -$25.7K -3,711 -0.4%
SIM
30
Spark Investment Management
New York
$6.87M +$4.14M +598,700 +149%
PPA
31
Parametric Portfolio Associates
Washington
$6.81M -$145K -20,949 -2%
CM
32
Capital Management
Virginia
$6.43M +$6.48M +936,165 New
State of New Jersey Common Pension Fund D
33
State of New Jersey Common Pension Fund D
New Jersey
$6.18M -$7.61M -1,100,000 -55%
Citadel Advisors
34
Citadel Advisors
Florida
$6.01M -$34.3K -4,966 -0.6%
Invesco
35
Invesco
Georgia
$5.87M +$644K +93,100 +12%
JP Morgan Chase
36
JP Morgan Chase
New York
$5.48M +$1.2M +172,995 +28%
Renaissance Technologies
37
Renaissance Technologies
New York
$5.45M +$5.49M +793,700 New
LCS
38
Levin Capital Strategies
New York
$5.01M +$148K +21,461 +3%
CS
39
Credit Suisse
Switzerland
$4.58M +$2.32M +334,764 +101%
UBS Group
40
UBS Group
Switzerland
$3.93M +$2.1M +303,043 +113%
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$3.88M +$24.7K +3,577 +0.6%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$3.86M +$13.3K +1,926 +0.3%
CEP
43
Chicago Equity Partners
Illinois
$3.76M +$3.79M +547,587 New
Morgan Stanley
44
Morgan Stanley
New York
$3.59M -$1.81M -261,387 -33%
Connor, Clark & Lunn Investment Management (CC&L)
45
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.54M +$2.6M +375,728 +269%
GFA
46
Gifford Fong Associates
California
$3.51M +$1.04M +150,000 +42%
First Trust Advisors
47
First Trust Advisors
Illinois
$3.48M -$665K -96,112 -16%
Ameriprise
48
Ameriprise
Minnesota
$3.43M +$4.28K +619 +0.1%
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$3.39M +$6.92K +1,000 +0.2%
AIG
50
American International Group
New York
$3.38M -$456K -65,931 -12%

PBI Hedge Fund Activity: Q1 2019 in Review

314 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2019, worth a combined $935M — up 21% from $775M a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new PBI positions and 41 closed out — a net gain of 9 holders — while 100 added to existing stakes and 93 trimmed.

The largest buyer was Miller Value Partners, opening a new position worth an estimated $16.5M. The largest seller was BlackRock, cutting an estimated $27.2M.

  • 314 institutional investors held Pitney Bowes (PBI) as of Q1 2019, up from 306 in Q4 2018.
  • Funds reported $935M of Pitney Bowes stock for Q1 2019, up 21% quarter-over-quarter.
  • 50 funds opened new Pitney Bowes positions in Q1 2019 and 41 closed out, a net change of +9 holders.
  • The largest Pitney Bowes buyer in Q1 2019 was Miller Value Partners, an estimated $16.5M added.
  • The largest Pitney Bowes seller in Q1 2019 was BlackRock, an estimated $27.2M sold.

Based on aggregated 13F filings for Q1 2019.