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Pitney Bowes

241 hedge funds and large institutions have $276M invested in Pitney Bowes in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 69 increasing their positions, 78 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.28% more ownership

Funds ownership: 78.97%79.26% (+0.28%)

10% less funds holding

Funds holding: 267241 (-26)

12% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 78

44% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 52

49% less capital invested

Capital invested by funds: $544M → $276M (-$268M)

84% less call options, than puts

Call options by funds: $1.31M | Put options by funds: $8.04M

Holders
241
Holders Change
-26
Holders Change %
-9.74%
% of All Funds
5.31%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
29
Increased
69
Reduced
78
Closed
52
Calls
$1.31M
Puts
$8.04M
Net Calls
-$6.73M
Net Calls Change
-$6.74M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$51.7M +$1.05M +307,519 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$38.9M +$3.02M +879,905 +5%
State Street
3
State Street
Massachusetts
$13.3M +$3.19M +929,169 +17%
LSV Asset Management
4
LSV Asset Management
Illinois
$11.5M -$429K -125,100 -2%
MVP
5
Miller Value Partners
Florida
$10.4M -$286K -83,396 -2%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$7.71M +$1.99M +581,079 +18%
Jacobs Levy Equity Management
7
Jacobs Levy Equity Management
New Jersey
$7.53M +$733K +213,672 +6%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$6.54M -$1.02M -296,760 -8%
JP Morgan Chase
9
JP Morgan Chase
New York
$5.72M +$464K +135,197 +5%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$5.65M -$145K -42,374 -2%
Northern Trust
11
Northern Trust
Illinois
$5.58M +$589K +171,887 +7%
CM
12
Capital Management
Virginia
$5.33M +$2.18M +634,935 +32%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$4.9M +$519K +151,298 +7%
Norges Bank
14
Norges Bank
Norway
$4.65M -$310K -90,498 -4%
EMG
15
Ellington Management Group
Connecticut
$4.46M +$6.36M +1,853,503 +558%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$4.2M +$889K +259,186 +14%
CCP
17
Clifford Capital Partners
Utah
$4.1M +$2.57M +749,987 +60%
Charles Schwab
18
Charles Schwab
California
$3.6M +$455K +132,657 +8%
New York State Common Retirement Fund
19
New York State Common Retirement Fund
New York
$3.23M +$1.8M +525,600 +50%
RA
20
Royce & Associates
New York
$3.07M +$445K +129,669 +9%
Goldman Sachs
21
Goldman Sachs
New York
$3.02M +$2.16M +631,020 +74%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.95M -$326K -95,200 -6%
Principal Financial Group
23
Principal Financial Group
Iowa
$2.9M -$162K -47,229 -3%
PCMI
24
Paradigm Capital Management Inc
New York
$2.8M +$4.63M +1,349,500 +5,398%
PPA
25
Parametric Portfolio Associates
Washington
$2.78M -$689K -201,066 -13%

PBI Hedge Fund Activity: Q1 2020 in Review

241 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2020, worth a combined $276M — down 49% from $544M a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of PBI and 29 opened new positions — a net loss of 23 holders — while 78 trimmed existing stakes and 69 added.

The largest buyer was Ellington Management Group, adding an estimated $6.36M. The largest seller was Lapides Asset Management, cutting an estimated $2.91M.

  • 241 institutional investors held Pitney Bowes (PBI) as of Q1 2020, down from 267 in Q4 2019.
  • Funds reported $276M of Pitney Bowes stock for Q1 2020, down 49% quarter-over-quarter.
  • 29 funds opened new Pitney Bowes positions in Q1 2020 and 52 closed out, a net change of -23 holders.
  • The largest Pitney Bowes buyer in Q1 2020 was Ellington Management Group, an estimated $6.36M added.
  • The largest Pitney Bowes seller in Q1 2020 was Lapides Asset Management, an estimated $2.91M sold.

Based on aggregated 13F filings for Q1 2020.