Pitney Bowes
341 hedge funds and large institutions have $3.41B invested in Pitney Bowes in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 105 increasing their positions, 143 reducing their positions, and 49 closing their positions.
23% more call options, than puts
Call options by funds: $9.25M | Put options by funds: $7.51M
1.45% less ownership
Funds ownership: 85.86% → 84.42% (-1.4%)
5% less funds holding
Funds holding: 359 → 341 (-18)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 143
31% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 49
35% less capital invested
Capital invested by funds: $5.25B → $3.41B (-$1.85B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$27M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$12.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$12.2M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$10.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$451M |
| 2 |
Neuberger Berman Group
New York
|
-$85.4M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$16.3M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$16.1M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$12.6M |
PBI Hedge Fund Activity: Q1 2016 in Review
341 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2016, worth a combined $3.41B — down 35% from $5.25B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of PBI and 34 opened new positions — a net loss of 15 holders — while 143 trimmed existing stakes and 105 added.
The largest buyer was Bank of New York Mellon, adding an estimated $27M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $451M sold.
- 341 institutional investors held Pitney Bowes (PBI) as of Q1 2016, down from 359 in Q4 2015.
- Funds reported $3.41B of Pitney Bowes stock for Q1 2016, down 35% quarter-over-quarter.
- 34 funds opened new Pitney Bowes positions in Q1 2016 and 49 closed out, a net change of -15 holders.
- The largest Pitney Bowes buyer in Q1 2016 was Bank of New York Mellon, an estimated $27M added.
- The largest Pitney Bowes seller in Q1 2016 was Americafirst Capital Management, an estimated $451M sold.
Based on aggregated 13F filings for Q1 2016.