Pitney Bowes
338 hedge funds and large institutions have $2.81B invested in Pitney Bowes in 2016 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 109 increasing their positions, 132 reducing their positions, and 37 closing their positions.
54% more call options, than puts
Call options by funds: $7.8M | Put options by funds: $5.05M
1.59% more ownership
Funds ownership: 81.89% → 83.48% (+1.6%)
2% more capital invested
Capital invested by funds: $2.76B → $2.81B (+$52.5M)
4% less funds holding
Funds holding: 351 → 338 (-13)
17% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 132
27% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$36.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.71M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$9.36M |
| 4 |
NBC
Neuberger Berman Canada
Toronto,
Ontario, Canada
|
+$7.64M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$56M |
| 2 |
JP Morgan Chase
New York
|
-$13.4M |
| 3 |
D.E. Shaw & Co
New York
|
-$6.12M |
| 4 |
FL
Fort LP
Chevy Chase,
Maryland
|
-$5.37M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$4.52M |
PBI Hedge Fund Activity: Q3 2016 in Review
338 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q3 2016, worth a combined $2.81B — up 1.9% from $2.76B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PBI and 27 opened new positions — a net loss of 10 holders — while 132 trimmed existing stakes and 109 added.
The largest buyer was Invesco, adding an estimated $36.6M. The largest seller was Neuberger Berman Group, cutting an estimated $56M.
- 338 institutional investors held Pitney Bowes (PBI) as of Q3 2016, down from 351 in Q2 2016.
- Funds reported $2.81B of Pitney Bowes stock for Q3 2016, up 1.9% quarter-over-quarter.
- 27 funds opened new Pitney Bowes positions in Q3 2016 and 37 closed out, a net change of -10 holders.
- The largest Pitney Bowes buyer in Q3 2016 was Invesco, an estimated $36.6M added.
- The largest Pitney Bowes seller in Q3 2016 was Neuberger Berman Group, an estimated $56M sold.
Based on aggregated 13F filings for Q3 2016.