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Pitney Bowes

265 hedge funds and large institutions have $779M invested in Pitney Bowes in 2020 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 88 increasing their positions, 77 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 28

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

15% more capital invested

Capital invested by funds: $675M → $779M (+$104M)

14% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 77

10% more funds holding

Funds holding: 240265 (+25)

0.57% less ownership

Funds ownership: 74.01%73.44% (-0.57%)

44% less call options, than puts

Call options by funds: $20.1M | Put options by funds: $35.6M

Holders
265
Holders Change
+25
Holders Change %
+10.42%
% of All Funds
4.69%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
53
Increased
88
Reduced
77
Closed
28
Calls
$20.1M
Puts
$35.6M
Net Calls
-$15.6M
Net Calls Change
-$3.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$156M +$729K +121,438 +0.5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$108M +$2.82M +469,465 +3%
State Street
3
State Street
Massachusetts
$39.9M -$273K -45,398 -0.7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$19.8M +$13.1K +2,187 +0.1%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$18M -$7.67M -1,277,056 -30%
Jacobs Levy Equity Management
6
Jacobs Levy Equity Management
New Jersey
$17.1M +$3.3M +550,106 +25%
RA
7
Royce & Associates
New York
$16.3M +$3.8M +632,500 +31%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$16.1M -$1.92M -318,970 -11%
Northern Trust
9
Northern Trust
Illinois
$15.9M -$248K -41,336 -2%
PCMI
10
Paradigm Capital Management Inc
New York
$15.7M +$1.76M +293,000 +13%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$15.5M +$426K +70,864 +3%
LSV Asset Management
12
LSV Asset Management
Illinois
$15.1M -$1.99M -331,512 -12%
CM
13
Capital Management
Virginia
$13.8M +$588K +97,855 +5%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$13.4M -$159K -26,409 -1%
MCM
15
Masters Capital Management
Georgia
$12.3M +$12M +2,000,000 New
Charles Schwab
16
Charles Schwab
California
$10.4M -$50.4K -8,387 -0.5%
Morgan Stanley
17
Morgan Stanley
New York
$9.74M +$1.26M +210,205 +15%
AM
18
Anqa Management
New York
$9.65M
MVP
19
Miller Value Partners
Florida
$8.57M -$35.6M -5,933,265 -81%
CCP
20
Clifford Capital Partners
Utah
$8.38M +$468K +77,842 +6%
Principal Financial Group
21
Principal Financial Group
Iowa
$8.11M -$1.61M -268,573 -17%
JP Morgan Chase
22
JP Morgan Chase
New York
$7.67M -$3.41M -567,062 -31%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$7.65M -$317K -52,790 -4%
Goldman Sachs
24
Goldman Sachs
New York
$7.21M +$2.71M +451,430 +63%
New York State Common Retirement Fund
25
New York State Common Retirement Fund
New York
$6.76M +$273K +45,500 +4%

PBI Hedge Fund Activity: Q4 2020 in Review

265 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q4 2020, worth a combined $779M — up 15% from $675M a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new PBI positions and 28 closed out — a net gain of 25 holders — while 88 added to existing stakes and 77 trimmed.

The largest buyer was Masters Capital Management, opening a new position worth an estimated $12M. The largest seller was Miller Value Partners, cutting an estimated $35.6M.

  • 265 institutional investors held Pitney Bowes (PBI) as of Q4 2020, up from 240 in Q3 2020.
  • Funds reported $779M of Pitney Bowes stock for Q4 2020, up 15% quarter-over-quarter.
  • 53 funds opened new Pitney Bowes positions in Q4 2020 and 28 closed out, a net change of +25 holders.
  • The largest Pitney Bowes buyer in Q4 2020 was Masters Capital Management, an estimated $12M added.
  • The largest Pitney Bowes seller in Q4 2020 was Miller Value Partners, an estimated $35.6M sold.

Based on aggregated 13F filings for Q4 2020.