Pitney Bowes
321 hedge funds and large institutions have $1.98B invested in Pitney Bowes in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 109 increasing their positions, 120 reducing their positions, and 48 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 120
2.47% less ownership
Funds ownership: 78.04% → 75.57% (-2.5%)
8% less funds holding
Funds holding: 348 → 321 (-27)
10% less capital invested
Capital invested by funds: $2.2B → $1.98B (-$219M)
26% less call options, than puts
Call options by funds: $6.6M | Put options by funds: $8.97M
48% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 48
Top Buyers
Top Sellers
| 1 |
Bank of New York Mellon
New York
|
-$39.8M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$24.6M |
| 3 |
Two Sigma Investments
New York
|
-$21.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$16.3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.2M |
PBI Hedge Fund Activity: Q3 2017 in Review
321 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q3 2017, worth a combined $1.98B — down 10% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of PBI and 25 opened new positions — a net loss of 23 holders — while 120 trimmed existing stakes and 109 added.
The largest buyer was Sirios Capital Management, opening a new position worth an estimated $44.1M. The largest seller was Bank of New York Mellon, cutting an estimated $39.8M.
- 321 institutional investors held Pitney Bowes (PBI) as of Q3 2017, down from 348 in Q2 2017.
- Funds reported $1.98B of Pitney Bowes stock for Q3 2017, down 10% quarter-over-quarter.
- 25 funds opened new Pitney Bowes positions in Q3 2017 and 48 closed out, a net change of -23 holders.
- The largest Pitney Bowes buyer in Q3 2017 was Sirios Capital Management, an estimated $44.1M added.
- The largest Pitney Bowes seller in Q3 2017 was Bank of New York Mellon, an estimated $39.8M sold.
Based on aggregated 13F filings for Q3 2017.