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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.

New
Increased
Maintained
Reduced
Closed

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: 375371 (-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: 75 (-2)

Holders
371
Holders Change
-4
Holders Change %
-1.07%
% of All Funds
10.77%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.15%
New
36
Increased
130
Reduced
141
Closed
34
Calls
$95.4M
Puts
$42.1M
Net Calls
+$53.3M
Net Calls Change
-$44.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$475M +$30.9M +1,155,883 +6%
IAM
2
Iridian Asset Management
Connecticut
$217M +$16.6M +620,847 +8%
State Street
3
State Street
Massachusetts
$186M -$3.41M -127,385 -2%
AAM
4
Alken Asset Management
United Kingdom
$181M -$82.1M -3,070,725 -41%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$173M -$9.48M -354,633 -5%
Invesco
6
Invesco
Georgia
$168M +$17.4M +650,686 +11%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$167M +$1.9M +71,156 +1%
First Eagle Investment Management
8
First Eagle Investment Management
New York
$142M +$8.42M +315,040 +6%
BFA
9
BlackRock Fund Advisors
California
$136M +$3.96M +148,167 +3%
BIT
10
BlackRock Institutional Trust
California
$132M -$1.5M -56,235 -1%
JP Morgan Chase
11
JP Morgan Chase
New York
$100M +$8.63M +322,621 +9%
SFM
12
Systematic Financial Management
New Jersey
$82.1M +$10.8M +405,030 +14%
CCI
13
Columbus Circle Investors
$72.4M -$61M -2,279,915 -44%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$72.2M +$5.49M +205,221 +8%
TCIM
15
TIAA CREF Investment Management
New York
$68.1M +$3.09M +115,446 +4%
GAM
16
Gotham Asset Management
New York
$56.4M +$33.7M +1,261,892 +127%
JHIU
17
Janus Henderson Investors US
Colorado
$56.1M +$4.78M +178,700 +9%
Northern Trust
18
Northern Trust
Illinois
$54.3M -$535K -19,994 -0.9%
Capital Research Global Investors
19
Capital Research Global Investors
California
$50M
WCM
20
Wedge Capital Management
North Carolina
$49.6M +$16.4M +614,880 +45%
KCM
21
Kornitzer Capital Management
Kansas
$48M -$216K -8,085 -0.4%
BA
22
BlackRock Advisors
Delaware
$47.7M -$6.5M -243,093 -11%
Norges Bank
23
Norges Bank
Norway
$44.2M -$47.3M -1,768,600 -50%
Alkeon Capital Management
24
Alkeon Capital Management
New York
$41.5M +$18.7M +700,000 +73%
CEP
25
Chicago Equity Partners
Illinois
$41.1M +$4.67M +174,815 +12%

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.