Pitney Bowes
210 hedge funds and large institutions have $344M invested in Pitney Bowes in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 69 increasing their positions, 72 reducing their positions, and 46 closing their positions.
25% more capital invested
Capital invested by funds: $276M → $344M (+$68.5M)
4% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 72
2.12% less ownership
Funds ownership: 79.26% → 77.13% (-2.1%)
13% less funds holding
Funds holding: 241 → 210 (-31)
61% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 46
82% less call options, than puts
Call options by funds: $1.81M | Put options by funds: $10.3M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$7.65M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$3.95M |
| 3 |
Morgan Stanley
New York
|
+$1.84M |
| 4 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
+$1.08M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.64M |
| 2 |
EMG
Ellington Management Group
Old Greenwich,
Connecticut
|
-$4.11M |
| 3 |
JP Morgan Chase
New York
|
-$2.81M |
| 4 |
PA
Prism Advisors
Studio City,
California
|
-$2.07M |
| 5 |
Goldman Sachs
New York
|
-$1.37M |
PBI Hedge Fund Activity: Q2 2020 in Review
210 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q2 2020, worth a combined $344M — up 25% from $276M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PBI and 18 opened new positions — a net loss of 28 holders — while 72 trimmed existing stakes and 69 added.
The largest buyer was Victory Capital Management, adding an estimated $7.65M. The largest seller was Vanguard Group, cutting an estimated $4.64M.
- 210 institutional investors held Pitney Bowes (PBI) as of Q2 2020, down from 241 in Q1 2020.
- Funds reported $344M of Pitney Bowes stock for Q2 2020, up 25% quarter-over-quarter.
- 18 funds opened new Pitney Bowes positions in Q2 2020 and 46 closed out, a net change of -28 holders.
- The largest Pitney Bowes buyer in Q2 2020 was Victory Capital Management, an estimated $7.65M added.
- The largest Pitney Bowes seller in Q2 2020 was Vanguard Group, an estimated $4.64M sold.
Based on aggregated 13F filings for Q2 2020.