Pitney Bowes
PBI
351 hedge funds and large institutions have $1.59B invested in Pitney Bowes in 2017 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 111 increasing their positions, 100 reducing their positions, and 46 closing their positions.
72% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 46
11% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 100
9% more funds holding
Funds holding: 321 → 351 (+30)
0.41% more ownership
Funds ownership: 75.57% → 75.98% (+0.41%)
20% less capital invested
Capital invested by funds: $1.98B → $1.59B (-$390M)
65% less call options, than puts
Call options by funds: $16.1M | Put options by funds: $46.4M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$41.6M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$23M |
| 3 |
D.E. Shaw & Co
New York
|
+$21M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16.8M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$58.1M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$24M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$16.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$15.5M |
| 5 |
Bank of New York Mellon
New York
|
-$13.2M |
PBI Hedge Fund Activity: Q4 2017 in Review
351 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q4 2017, worth a combined $1.59B — down 20% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new PBI positions and 46 closed out — a net gain of 33 holders — while 111 added to existing stakes and 100 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $41.6M. The largest seller was Miller Howard Investments, cutting an estimated $58.1M.
- 351 institutional investors held Pitney Bowes (PBI) as of Q4 2017, up from 321 in Q3 2017.
- Funds reported $1.59B of Pitney Bowes stock for Q4 2017, down 20% quarter-over-quarter.
- 79 funds opened new Pitney Bowes positions in Q4 2017 and 46 closed out, a net change of +33 holders.
- The largest Pitney Bowes buyer in Q4 2017 was Schroder Investment Management Group, an estimated $41.6M added.
- The largest Pitney Bowes seller in Q4 2017 was Miller Howard Investments, an estimated $58.1M sold.
Based on aggregated 13F filings for Q4 2017.