Pitney Bowes
249 hedge funds and large institutions have $933M invested in Pitney Bowes in 2021 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 60 increasing their positions, 106 reducing their positions, and 48 closing their positions.
20% more capital invested
Capital invested by funds: $780M → $933M (+$153M)
13% more call options, than puts
Call options by funds: $26.7M | Put options by funds: $23.7M
6% less funds holding
Funds holding: 265 → 249 (-16)
7.94% less ownership
Funds ownership: 73.44% → 65.49% (-7.9%)
25% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 48
43% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 106
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$16.9M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$14.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.4M |
| 4 |
SM
Senvest Management
New York
|
+$11.4M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$8.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$15.1M |
| 2 |
D.E. Shaw & Co
New York
|
-$14M |
| 3 |
CM
Capital Management
Glen Allen,
Virginia
|
-$13.8M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$12M |
| 5 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
-$8.38M |
PBI Hedge Fund Activity: Q1 2021 in Review
249 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2021, worth a combined $933M — up 20% from $780M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of PBI and 36 opened new positions — a net loss of 12 holders — while 106 trimmed existing stakes and 60 added.
The largest buyer was Charles Schwab, adding an estimated $16.9M. The largest seller was LSV Asset Management, exiting entirely with an estimated $15.1M sold.
- 249 institutional investors held Pitney Bowes (PBI) as of Q1 2021, down from 265 in Q4 2020.
- Funds reported $933M of Pitney Bowes stock for Q1 2021, up 20% quarter-over-quarter.
- 36 funds opened new Pitney Bowes positions in Q1 2021 and 48 closed out, a net change of -12 holders.
- The largest Pitney Bowes buyer in Q1 2021 was Charles Schwab, an estimated $16.9M added.
- The largest Pitney Bowes seller in Q1 2021 was LSV Asset Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2021.