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Pitney Bowes

361 hedge funds and large institutions have $4.06B invested in Pitney Bowes in 2015 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 121 increasing their positions, 123 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

126% more call options, than puts

Call options by funds: $35.5M | Put options by funds: $15.7M

16% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 44

1% more funds holding

Funds holding: 359361 (+2)

0.06% more ownership

Funds ownership: 86.4%86.46% (+0.06%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 123

39% less capital invested

Capital invested by funds: $6.61B → $4.06B (-$2.55B)

Holders
361
Holders Change
+2
Holders Change %
+0.56%
% of All Funds
9.62%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
51
Increased
121
Reduced
123
Closed
44
Calls
$35.5M
Puts
$15.7M
Net Calls
+$19.8M
Net Calls Change
-$5.65M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$452M -$8.55M -367,179 -2%
IAM
2
Iridian Asset Management
Connecticut
$311M +$24.3M +1,045,962 +9%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$266M +$54.9M +2,360,043 +26%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$219M +$7.28M +312,771 +3%
Invesco
5
Invesco
Georgia
$194M +$17.2M +739,384 +10%
First Eagle Investment Management
6
First Eagle Investment Management
New York
$176M +$26M +1,116,635 +17%
State Street
7
State Street
Massachusetts
$165M -$15M -643,215 -8%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$148M +$13.2M +567,088 +10%
BFA
9
BlackRock Fund Advisors
California
$132M -$1.39M -59,888 -1%
BIT
10
BlackRock Institutional Trust
California
$126M +$2.43M +104,361 +2%
JP Morgan Chase
11
JP Morgan Chase
New York
$115M +$15M +645,853 +15%
WHG
12
Westwood Holdings Group
Texas
$95.4M +$95.2M +4,090,594 New
Wells Fargo
13
Wells Fargo
California
$57.9M +$24.6M +1,056,503 +74%
GAM
14
Gotham Asset Management
New York
$56.4M +$5.32M +228,595 +10%
Northern Trust
15
Northern Trust
Illinois
$52.2M -$758K -32,584 -1%
AAM
16
Alken Asset Management
United Kingdom
$51.4M -$44.8M -1,923,692 -47%
KCM
17
Kornitzer Capital Management
Kansas
$49.2M +$966K +41,507 +2%
Capital Research Global Investors
18
Capital Research Global Investors
California
$46.6M
WCM
19
Wedge Capital Management
North Carolina
$46.1M +$4.37M +187,720 +10%
Norges Bank
20
Norges Bank
Norway
$43.2M +$1M +42,978 +2%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$37.7M +$171K +7,346 +0.5%
GC
22
Guggenheim Capital
Illinois
$35.3M +$5.65M +242,713 +19%
Allianz Asset Management
23
Allianz Asset Management
Germany
$33.3M +$4.46M +191,654 +16%
KG
24
Killen Group
Pennsylvania
$32.5M +$1.59M +68,210 +5%
LSV Asset Management
25
LSV Asset Management
Illinois
$32.4M +$801K +34,400 +3%

PBI Hedge Fund Activity: Q1 2015 in Review

361 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2015, worth a combined $4.06B — down 39% from $6.61B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new PBI positions and 44 closed out — a net gain of 7 holders — while 121 added to existing stakes and 123 trimmed.

The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $95.2M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $75.5M sold.

  • 361 institutional investors held Pitney Bowes (PBI) as of Q1 2015, up from 359 in Q4 2014.
  • Funds reported $4.06B of Pitney Bowes stock for Q1 2015, down 39% quarter-over-quarter.
  • 51 funds opened new Pitney Bowes positions in Q1 2015 and 44 closed out, a net change of +7 holders.
  • The largest Pitney Bowes buyer in Q1 2015 was Westwood Holdings Group, an estimated $95.2M added.
  • The largest Pitney Bowes seller in Q1 2015 was Systematic Financial Management, an estimated $75.5M sold.

Based on aggregated 13F filings for Q1 2015.