Pitney Bowes
371 hedge funds and large institutions have $4.42B invested in Pitney Bowes in 2014 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 130 increasing their positions, 141 reducing their positions, and 34 closing their positions.
127% more call options, than puts
Call options by funds: $95.4M | Put options by funds: $42.1M
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
0.46% more ownership
Funds ownership: 85.47% → 85.93% (+0.46%)
8% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 141
1% less funds holding
Funds holding: 375 → 371 (-4)
8% less capital invested
Capital invested by funds: $4.79B → $4.42B (-$365M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$33.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.9M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$24M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$23.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alken Asset Management
London,
United Kingdom
|
-$82.1M |
| 2 |
CCI
Columbus Circle Investors
|
-$61M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$47.3M |
| 4 |
LHC
Lodge Hill Capital
New York
|
-$23.5M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$13.6M |
PBI Hedge Fund Activity: Q3 2014 in Review
371 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q3 2014, worth a combined $4.42B — down 7.6% from $4.79B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PBI positions and 34 closed out — a net gain of 2 holders — while 130 added to existing stakes and 141 trimmed.
The largest buyer was Gotham Asset Management, adding an estimated $33.7M. The largest seller was Alken Asset Management, cutting an estimated $82.1M.
- 371 institutional investors held Pitney Bowes (PBI) as of Q3 2014, down from 375 in Q2 2014.
- Funds reported $4.42B of Pitney Bowes stock for Q3 2014, down 7.6% quarter-over-quarter.
- 36 funds opened new Pitney Bowes positions in Q3 2014 and 34 closed out, a net change of +2 holders.
- The largest Pitney Bowes buyer in Q3 2014 was Gotham Asset Management, an estimated $33.7M added.
- The largest Pitney Bowes seller in Q3 2014 was Alken Asset Management, an estimated $82.1M sold.
Based on aggregated 13F filings for Q3 2014.