Pitney Bowes
235 hedge funds and large institutions have $385M invested in Pitney Bowes in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 75 increasing their positions, 68 reducing their positions, and 42 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 68
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.25% less ownership
Funds ownership: 62.22% → 61.97% (-0.25%)
9% less capital invested
Capital invested by funds: $424M → $385M (-$38.6M)
10% less funds holding
Funds holding: 261 → 235 (-26)
23% less call options, than puts
Call options by funds: $3.61M | Put options by funds: $4.69M
60% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.36M |
| 2 |
CM
Capital Management
Glen Allen,
Virginia
|
+$3.3M |
| 3 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
+$1.83M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.15M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.03M |
| 2 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
-$3.47M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$2.17M |
| 4 |
Goldman Sachs
New York
|
-$1.7M |
| 5 |
Renaissance Technologies
New York
|
-$1.02M |
PBI Hedge Fund Activity: Q2 2023 in Review
235 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Pitney Bowes (PBI) for Q2 2023, worth a combined $385M — down 9.1% from $424M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of PBI and 17 opened new positions — a net loss of 25 holders — while 68 trimmed existing stakes and 75 added.
The largest buyer was Assenagon Asset Management, adding an estimated $4.36M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $4.03M sold.
- 235 institutional investors held Pitney Bowes (PBI) as of Q2 2023, down from 261 in Q1 2023.
- Funds reported $385M of Pitney Bowes stock for Q2 2023, down 9.1% quarter-over-quarter.
- 17 funds opened new Pitney Bowes positions in Q2 2023 and 42 closed out, a net change of -25 holders.
- The largest Pitney Bowes buyer in Q2 2023 was Assenagon Asset Management, an estimated $4.36M added.
- The largest Pitney Bowes seller in Q2 2023 was Arrowstreet Capital, an estimated $4.03M sold.
Based on aggregated 13F filings for Q2 2023.