Pitney Bowes
265 hedge funds and large institutions have $779M invested in Pitney Bowes in 2020 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 88 increasing their positions, 77 reducing their positions, and 28 closing their positions.
89% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 28
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
15% more capital invested
Capital invested by funds: $675M → $779M (+$104M)
14% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 77
10% more funds holding
Funds holding: 240 → 265 (+25)
0.57% less ownership
Funds ownership: 74.01% → 73.44% (-0.57%)
44% less call options, than puts
Call options by funds: $20.1M | Put options by funds: $35.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$12M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$4.34M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$4.1M |
| 4 |
RA
Royce & Associates
New York
|
+$3.8M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$35.6M |
| 2 |
AI
Atom Investors
Austin,
Texas
|
-$16.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$7.67M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.69M |
| 5 |
JP Morgan Chase
New York
|
-$3.41M |
PBI Hedge Fund Activity: Q4 2020 in Review
265 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q4 2020, worth a combined $779M — up 15% from $675M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PBI positions and 28 closed out — a net gain of 25 holders — while 88 added to existing stakes and 77 trimmed.
The largest buyer was Masters Capital Management, opening a new position worth an estimated $12M. The largest seller was Miller Value Partners, cutting an estimated $35.6M.
- 265 institutional investors held Pitney Bowes (PBI) as of Q4 2020, up from 240 in Q3 2020.
- Funds reported $779M of Pitney Bowes stock for Q4 2020, up 15% quarter-over-quarter.
- 53 funds opened new Pitney Bowes positions in Q4 2020 and 28 closed out, a net change of +25 holders.
- The largest Pitney Bowes buyer in Q4 2020 was Masters Capital Management, an estimated $12M added.
- The largest Pitney Bowes seller in Q4 2020 was Miller Value Partners, an estimated $35.6M sold.
Based on aggregated 13F filings for Q4 2020.