Pitney Bowes
223 hedge funds and large institutions have $315M invested in Pitney Bowes in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 61 increasing their positions, 78 reducing their positions, and 30 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2.69% less ownership
Funds ownership: 61.97% → 59.28% (-2.7%)
5% less funds holding
Funds holding: 235 → 223 (-12)
18% less capital invested
Capital invested by funds: $385M → $315M (-$70.3M)
22% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 78
33% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 30
64% less call options, than puts
Call options by funds: $1.56M | Put options by funds: $4.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
+$3.22M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.57M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.32M |
| 4 |
WCM
Whitefort Capital Management
New York
|
+$1.28M |
| 5 |
Millennium Management
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$7.24M |
| 2 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
-$3.54M |
| 3 |
Goldman Sachs
New York
|
-$2.9M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.55M |
| 5 |
Renaissance Technologies
New York
|
-$2.45M |
PBI Hedge Fund Activity: Q3 2023 in Review
223 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q3 2023, worth a combined $315M — down 18% from $385M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of PBI and 20 opened new positions — a net loss of 10 holders — while 78 trimmed existing stakes and 61 added.
The largest buyer was Clifford Capital Partners, adding an estimated $3.22M. The largest seller was Fisher Asset Management, exiting entirely with an estimated $7.24M sold.
- 223 institutional investors held Pitney Bowes (PBI) as of Q3 2023, down from 235 in Q2 2023.
- Funds reported $315M of Pitney Bowes stock for Q3 2023, down 18% quarter-over-quarter.
- 20 funds opened new Pitney Bowes positions in Q3 2023 and 30 closed out, a net change of -10 holders.
- The largest Pitney Bowes buyer in Q3 2023 was Clifford Capital Partners, an estimated $3.22M added.
- The largest Pitney Bowes seller in Q3 2023 was Fisher Asset Management, an estimated $7.24M sold.
Based on aggregated 13F filings for Q3 2023.