Pitney Bowes
255 hedge funds and large institutions have $602M invested in Pitney Bowes in 2019 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 99 reducing their positions, and 46 closing their positions.
1.71% more ownership
Funds ownership: 75.34% → 77.06% (+1.7%)
3% more capital invested
Capital invested by funds: $581M → $602M (+$20.3M)
7% less funds holding
Funds holding: 274 → 255 (-19)
37% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 46
39% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 99
47% less call options, than puts
Call options by funds: $4.7M | Put options by funds: $8.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$4.93M |
| 2 |
CM
Capital Management
Glen Allen,
Virginia
|
+$3.33M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$2.87M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.66M |
| 5 |
JP Morgan Chase
New York
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$7.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.04M |
| 3 |
BlackRock
New York
|
-$5.65M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.04M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.88M |
PBI Hedge Fund Activity: Q3 2019 in Review
255 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q3 2019, worth a combined $602M — up 3.5% from $581M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PBI and 29 opened new positions — a net loss of 17 holders — while 99 trimmed existing stakes and 60 added.
The largest buyer was Miller Value Partners, adding an estimated $4.93M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $7.7M sold.
- 255 institutional investors held Pitney Bowes (PBI) as of Q3 2019, down from 274 in Q2 2019.
- Funds reported $602M of Pitney Bowes stock for Q3 2019, up 3.5% quarter-over-quarter.
- 29 funds opened new Pitney Bowes positions in Q3 2019 and 46 closed out, a net change of -17 holders.
- The largest Pitney Bowes buyer in Q3 2019 was Miller Value Partners, an estimated $4.93M added.
- The largest Pitney Bowes seller in Q3 2019 was State of New Jersey Common Pension Fund D, an estimated $7.7M sold.
Based on aggregated 13F filings for Q3 2019.