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Pitney Bowes

359 hedge funds and large institutions have $6.61B invested in Pitney Bowes in 2014 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 113 increasing their positions, 145 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $55.2M | Put options by funds: $29.7M

50% more capital invested

Capital invested by funds: $4.42B → $6.61B (+$2.19B)

0.47% more ownership

Funds ownership: 85.93%86.4% (+0.47%)

3% less funds holding

Funds holding: 371359 (-12)

15% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 48

22% less repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 145

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
359
Holders Change
-12
Holders Change %
-3.23%
% of All Funds
9.58%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.05%
New
41
Increased
113
Reduced
145
Closed
48
Calls
$55.2M
Puts
$29.7M
Net Calls
+$25.5M
Net Calls Change
-$27.8M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$2.39B -$2.39M -97,978 Closed
Vanguard Group
2
Vanguard Group
Pennsylvania
$482M +$19M +776,833 +4%
IAM
3
Iridian Asset Management
Connecticut
$299M +$87.4M +3,577,425 +41%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$221M +$151M +6,178,679 +214%
Neuberger Berman Group
5
Neuberger Berman Group
New York
$220M +$57.5M +2,353,315 +35%
State Street
6
State Street
Massachusetts
$188M +$6.46M +264,402 +4%
Invesco
7
Invesco
Georgia
$185M +$21.1M +862,677 +13%
First Eagle Investment Management
8
First Eagle Investment Management
New York
$156M +$18M +736,100 +13%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$141M -$28.4M -1,162,576 -17%
BFA
10
BlackRock Fund Advisors
California
$139M +$6.5M +265,888 +5%
BIT
11
BlackRock Institutional Trust
California
$129M +$31.3K +1,282 +0%
JP Morgan Chase
12
JP Morgan Chase
New York
$105M +$6.92M +283,435 +7%
AAM
13
Alken Asset Management
United Kingdom
$101M -$5.45M -223,234 -5%
SFM
14
Systematic Financial Management
New Jersey
$75.5M -$4.57M -187,229 -6%
Northern Trust
15
Northern Trust
Illinois
$55.4M +$2.4M +98,452 +5%
GAM
16
Gotham Asset Management
New York
$53.4M -$1.61M -65,925 -3%
KCM
17
Kornitzer Capital Management
Kansas
$50.4M +$3.61M +147,750 +8%
Capital Research Global Investors
18
Capital Research Global Investors
California
$48.7M
TCIM
19
TIAA CREF Investment Management
New York
$45.1M -$21.3M -872,892 -32%
Norges Bank
20
Norges Bank
Norway
$44.1M +$992K +40,601 +2%
WCM
21
Wedge Capital Management
North Carolina
$43.6M -$4.78M -195,850 -10%
Alkeon Capital Management
22
Alkeon Capital Management
New York
$40.8M +$256K +10,500 +0.6%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$39.2M +$1.45M +59,452 +4%
American Century Companies
24
American Century Companies
Missouri
$35.1M +$2.31M +94,517 +7%
Wells Fargo
25
Wells Fargo
California
$34.8M +$725K +29,696 +2%

PBI Hedge Fund Activity: Q4 2014 in Review

359 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q4 2014, worth a combined $6.61B — up 50% from $4.42B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of PBI and 41 opened new positions — a net loss of 7 holders — while 145 trimmed existing stakes and 113 added.

The largest buyer was Bank of New York Mellon, adding an estimated $151M. The largest seller was Columbus Circle Investors, cutting an estimated $49.4M.

  • 359 institutional investors held Pitney Bowes (PBI) as of Q4 2014, down from 371 in Q3 2014.
  • Funds reported $6.61B of Pitney Bowes stock for Q4 2014, up 50% quarter-over-quarter.
  • 41 funds opened new Pitney Bowes positions in Q4 2014 and 48 closed out, a net change of -7 holders.
  • The largest Pitney Bowes buyer in Q4 2014 was Bank of New York Mellon, an estimated $151M added.
  • The largest Pitney Bowes seller in Q4 2014 was Columbus Circle Investors, an estimated $49.4M sold.

Based on aggregated 13F filings for Q4 2014.