Pitney Bowes
PBI
261 hedge funds and large institutions have $424M invested in Pitney Bowes in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 79 increasing their positions, 88 reducing their positions, and 34 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more call options, than puts
Call options by funds: $6.88M | Put options by funds: $4.59M
3% more capital invested
Capital invested by funds: $410M → $424M (+$14M)
1.41% less ownership
Funds ownership: 63.63% → 62.22% (-1.4%)
3% less funds holding
Funds holding: 269 → 261 (-8)
10% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 88
15% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Permit Capital
West Conshohocken,
Pennsylvania
|
+$3.68M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.1M |
| 3 |
CM
Capital Management
Glen Allen,
Virginia
|
+$2.85M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.25M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$5.68M |
| 2 |
Goldman Sachs
New York
|
-$4.19M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.4M |
| 4 |
AM
Anqa Management
Sag Harbor,
New York
|
-$2.48M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.23M |
PBI Hedge Fund Activity: Q1 2023 in Review
261 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q1 2023, worth a combined $424M — up 3.4% from $410M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PBI and 29 opened new positions — a net loss of 5 holders — while 88 trimmed existing stakes and 79 added.
The largest buyer was Permit Capital, adding an estimated $3.68M. The largest seller was Paradigm Capital Management Inc, cutting an estimated $5.68M.
- 261 institutional investors held Pitney Bowes (PBI) as of Q1 2023, down from 269 in Q4 2022.
- Funds reported $424M of Pitney Bowes stock for Q1 2023, up 3.4% quarter-over-quarter.
- 29 funds opened new Pitney Bowes positions in Q1 2023 and 34 closed out, a net change of -5 holders.
- The largest Pitney Bowes buyer in Q1 2023 was Permit Capital, an estimated $3.68M added.
- The largest Pitney Bowes seller in Q1 2023 was Paradigm Capital Management Inc, an estimated $5.68M sold.
Based on aggregated 13F filings for Q1 2023.