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Pitney Bowes

240 hedge funds and large institutions have $675M invested in Pitney Bowes in 2020 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 45 increasing their positions, 96 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

148% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 21

96% more capital invested

Capital invested by funds: $344M → $675M (+$331M)

14% more funds holding

Funds holding: 210240 (+30)

3.12% less ownership

Funds ownership: 77.13%74.01% (-3.1%)

48% less call options, than puts

Call options by funds: $12.9M | Put options by funds: $24.7M

53% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 96

Holders
240
Holders Change
+30
Holders Change %
+14.29%
% of All Funds
4.84%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.04%
New
52
Increased
45
Reduced
96
Closed
21
Calls
$12.9M
Puts
$24.7M
Net Calls
-$11.9M
Net Calls Change
-$3.34M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$134M -$872K -189,043 -0.7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$90.8M -$519K -112,556 -0.7%
MVP
3
Miller Value Partners
Florida
$38.9M +$8.83M +1,913,500 +35%
State Street
4
State Street
Massachusetts
$34.6M -$306K -66,296 -1%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$22.3M +$11.2M +2,434,033 +138%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$17M -$1.43M -310,689 -9%
AI
7
Atom Investors
Texas
$16.5M +$14.4M +3,113,638 New
Bank of New York Mellon
8
Bank of New York Mellon
New York
$15.5M -$874K -189,292 -6%
LSV Asset Management
9
LSV Asset Management
Illinois
$14.8M -$13.9M -3,021,867 -52%
Northern Trust
10
Northern Trust
Illinois
$13.9M -$1.38M -298,918 -10%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$13M -$37.4K -8,101 -0.3%
PCMI
12
Paradigm Capital Management Inc
New York
$11.9M -$3.27M -708,000 -24%
Jacobs Levy Equity Management
13
Jacobs Levy Equity Management
New Jersey
$11.8M -$8.74M -1,893,917 -46%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$11.7M -$377K -81,612 -4%
CM
15
Capital Management
Virginia
$11.4M -$2.15M -464,980 -18%
RA
16
Royce & Associates
New York
$10.7M +$1.44M +312,500 +18%
JP Morgan Chase
17
JP Morgan Chase
New York
$9.84M +$626K +135,591 +8%
Charles Schwab
18
Charles Schwab
California
$9.03M -$518K -112,339 -6%
Principal Financial Group
19
Principal Financial Group
Iowa
$8.42M +$451K +97,818 +7%
AM
20
Anqa Management
New York
$8.32M +$7.23M +1,566,042 New
Morgan Stanley
21
Morgan Stanley
New York
$7.28M -$1.43M -310,481 -18%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$6.88M -$530K -114,774 -8%
CCP
23
Clifford Capital Partners
Utah
$6.81M -$5.36M -1,160,503 -48%
Ameriprise
24
Ameriprise
Minnesota
$5.7M -$771K -167,026 -13%
New York State Common Retirement Fund
25
New York State Common Retirement Fund
New York
$5.59M -$3.78M -819,300 -44%

PBI Hedge Fund Activity: Q3 2020 in Review

240 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q3 2020, worth a combined $675M — up 96% from $344M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PBI positions and 21 closed out — a net gain of 31 holders — while 45 added to existing stakes and 96 trimmed.

The largest buyer was Atom Investors, opening a new position worth an estimated $14.4M. The largest seller was Victory Capital Management, cutting an estimated $14.3M.

  • 240 institutional investors held Pitney Bowes (PBI) as of Q3 2020, up from 210 in Q2 2020.
  • Funds reported $675M of Pitney Bowes stock for Q3 2020, up 96% quarter-over-quarter.
  • 52 funds opened new Pitney Bowes positions in Q3 2020 and 21 closed out, a net change of +31 holders.
  • The largest Pitney Bowes buyer in Q3 2020 was Atom Investors, an estimated $14.4M added.
  • The largest Pitney Bowes seller in Q3 2020 was Victory Capital Management, an estimated $14.3M sold.

Based on aggregated 13F filings for Q3 2020.