Pitney Bowes
274 hedge funds and large institutions have $586M invested in Pitney Bowes in 2019 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 87 increasing their positions, 88 reducing their positions, and 74 closing their positions.
1.98% more ownership
Funds ownership: 73.76% → 75.74% (+2%)
1% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 88
13% less funds holding
Funds holding: 314 → 274 (-40)
38% less capital invested
Capital invested by funds: $938M → $586M (-$352M)
45% less call options, than puts
Call options by funds: $4.21M | Put options by funds: $7.67M
49% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 74
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$28.5M |
| 2 |
Goldman Sachs
New York
|
+$12.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.98M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.67M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.2M |
| 2 |
Millennium Management
New York
|
-$9.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$9.33M |
| 4 |
Bank of New York Mellon
New York
|
-$7M |
| 5 |
D.E. Shaw & Co
New York
|
-$5.4M |
PBI Hedge Fund Activity: Q2 2019 in Review
274 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q2 2019, worth a combined $586M — down 38% from $938M a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of PBI and 38 opened new positions — a net loss of 36 holders — while 88 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $28.5M. The largest seller was Vanguard Group, cutting an estimated $15.2M.
- 274 institutional investors held Pitney Bowes (PBI) as of Q2 2019, down from 314 in Q1 2019.
- Funds reported $586M of Pitney Bowes stock for Q2 2019, down 38% quarter-over-quarter.
- 38 funds opened new Pitney Bowes positions in Q2 2019 and 74 closed out, a net change of -36 holders.
- The largest Pitney Bowes buyer in Q2 2019 was BlackRock, an estimated $28.5M added.
- The largest Pitney Bowes seller in Q2 2019 was Vanguard Group, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2019.