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Pitney Bowes

341 hedge funds and large institutions have $3.41B invested in Pitney Bowes in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 105 increasing their positions, 143 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more call options, than puts

Call options by funds: $9.25M | Put options by funds: $7.51M

1.45% less ownership

Funds ownership: 85.86%84.42% (-1.4%)

5% less funds holding

Funds holding: 359341 (-18)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

27% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 143

31% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 49

35% less capital invested

Capital invested by funds: $5.25B → $3.41B (-$1.85B)

Holders
341
Holders Change
-18
Holders Change %
-5.01%
% of All Funds
9.09%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
34
Increased
105
Reduced
143
Closed
49
Calls
$9.25M
Puts
$7.51M
Net Calls
+$1.74M
Net Calls Change
+$4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$450M -$4.96M -261,214 -1%
IAM
2
Iridian Asset Management
Connecticut
$309M -$5.57M -292,945 -2%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$180M +$27M +1,418,701 +21%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$177M -$85.4M -4,495,565 -35%
First Eagle Investment Management
5
First Eagle Investment Management
New York
$163M -$3.03M -159,630 -2%
State Street
6
State Street
Massachusetts
$145M +$1.65K +87 +0%
Invesco
7
Invesco
Georgia
$141M +$6.61M +347,839 +6%
Wells Fargo
8
Wells Fargo
California
$135M +$12.8M +675,761 +12%
BFA
9
BlackRock Fund Advisors
California
$125M +$2.72M +143,149 +3%
BIT
10
BlackRock Institutional Trust
California
$118M -$915K -48,164 -0.9%
WHG
11
Westwood Holdings Group
Texas
$105M -$8.93M -470,215 -9%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$74.3M -$862K -45,378 -1%
Northern Trust
13
Northern Trust
Illinois
$48.3M -$1.62M -85,032 -4%
LSV Asset Management
14
LSV Asset Management
Illinois
$47.5M +$12.2M +641,327 +41%
American Century Companies
15
American Century Companies
Missouri
$46.6M -$11.7M -615,404 -22%
Norges Bank
16
Norges Bank
Norway
$46.2M +$3.71M +195,197 +10%
KCM
17
Kornitzer Capital Management
Kansas
$45.3M -$107K -5,633 -0.3%
JP Morgan Chase
18
JP Morgan Chase
New York
$41.1M +$1.8M +94,575 +5%
Deutsche Bank
19
Deutsche Bank
Germany
$32.6M +$60.5K +3,185 +0.2%
LCP
20
Lombardia Capital Partners
California
$30.3M -$9.38M -493,770 -26%
TAM
21
Tocqueville Asset Management
New York
$29.3M +$1.19M +62,600 +5%
Lord, Abbett & Co
22
Lord, Abbett & Co
New Jersey
$26.2M +$7.91M +416,100 +52%
New York State Common Retirement Fund
23
New York State Common Retirement Fund
New York
$25.3M -$452K -23,798 -2%
WCM
24
Wedge Capital Management
North Carolina
$24.8M -$1.65M -87,082 -7%
KG
25
Killen Group
Pennsylvania
$24.2M -$2.22M -116,836 -9%

PBI Hedge Fund Activity: Q1 2016 in Review

341 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2016, worth a combined $3.41B — down 35% from $5.25B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of PBI and 34 opened new positions — a net loss of 15 holders — while 143 trimmed existing stakes and 105 added.

The largest buyer was Bank of New York Mellon, adding an estimated $27M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $451M sold.

  • 341 institutional investors held Pitney Bowes (PBI) as of Q1 2016, down from 359 in Q4 2015.
  • Funds reported $3.41B of Pitney Bowes stock for Q1 2016, down 35% quarter-over-quarter.
  • 34 funds opened new Pitney Bowes positions in Q1 2016 and 49 closed out, a net change of -15 holders.
  • The largest Pitney Bowes buyer in Q1 2016 was Bank of New York Mellon, an estimated $27M added.
  • The largest Pitney Bowes seller in Q1 2016 was Americafirst Capital Management, an estimated $451M sold.

Based on aggregated 13F filings for Q1 2016.