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Institutional Ownership · SEC Form 13F

Who owns PBI (PBI)


Which tracked institutional funds hold PBI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PBI company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

322
Institutional holders
118,827,386
Shares held (tracked funds)
59.5%
Of shares outstanding

How the tape is positioned

60 tracked funds added or opened PBI while 68 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

PBI’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes PBI more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in PBI divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 322 tracked filers holding PBI, 154 increased or opened the position and 168 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in PBI between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 15

  • VANGUARD PORTFOLIO MANAGEMENT LLC$93M
  • VANGUARD CAPITAL MANAGEMENT LLC$67M
  • Assenagon Asset Management S.A.$16M
  • Long Corridor Asset Management Ltd$12M
  • VANGUARD FIDUCIARY TRUST CO$11M
  • ExodusPoint Capital Management, LP$5M

Full exits 24

  • VANGUARD GROUP INC$159M
  • Point72 Asset Management, L.P.$12M
  • CANADA PENSION PLAN INVESTMENT BOARD$5M
  • Gifford Fong Associates$5M
  • Brandywine Global Investment Management, LLC$5M
  • TWO SIGMA ADVISERS, LP$3M

Largest adds

  • LSV ASSET MANAGEMENT$26M
  • D. E. Shaw & Co., Inc.$9M
  • HRT FINANCIAL LP$7M
  • MORGAN STANLEY$6M
  • FRANKLIN RESOURCES INC$5M
  • XTX Topco Ltd$5M

Largest trims

  • GOLDMAN SACHS GROUP INC$15M
  • Invesco Ltd.$14M
  • MILLENNIUM MANAGEMENT LLC$13M
  • PRICE T ROWE ASSOCIATES INC /MD/$11M
  • HSBC HOLDINGS PLC$6M
  • BARCLAYS PLC$6M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed14,673,861$162M10.7%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new8,398,571$93M6.1%2026-Q1
Hestia Capital Management, LLC trimmed8,155,805$90M5.9%2026-Q1
STATE STREET CORP added6,417,472$71M4.7%2026-Q1
LSV ASSET MANAGEMENT added6,333,880$70M4.6%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new6,059,626$67M4.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed3,758,123$42M2.7%2026-Q1
Permit Capital, LLC added3,500,000$39M2.5%2026-Q1
GOLDMAN SACHS GROUP INC trimmed3,195,804$35M2.3%2026-Q1
CAPITAL MANAGEMENT CORP /VA trimmed2,689,543$30M2.0%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,331,315$26M1.7%2026-Q1
MORGAN STANLEY added2,275,231$25M1.7%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added2,160,613$24M1.6%2026-Q1
D. E. Shaw & Co., Inc. added2,100,701$23M1.5%2026-Q1
Bank of New York Mellon Corp trimmed1,735,770$19M1.3%2026-Q1
NORTHERN TRUST CORP added1,708,817$19M1.2%2026-Q1
Assenagon Asset Management S.A. added1,484,436$16M1.1%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed1,372,541$15M1.0%2026-Q1
DEUTSCHE BANK AG\ trimmed1,252,914$14M0.9%2026-Q1
Qube Research & Technologies Ltd trimmed1,130,953$12M0.8%2026-Q1
Long Corridor Asset Management Ltd new1,120,000$12M0.8%2026-Q1
Saber Capital Managment, LLC added1,108,765$12M0.8%2026-Q1
NOMURA HOLDINGS INC trimmed1,079,614$12M0.8%2026-Q1
VANGUARD FIDUCIARY TRUST CO new990,114$11M0.7%2026-Q1
HENNESSY ADVISORS INC trimmed975,500$11M0.7%2026-Q1
HRT FINANCIAL LP added962,174$11M0.7%2026-Q1
CIBC WORLD MARKET INC. added861,161$10M0.6%2026-Q1
FEDERATED HERMES, INC. added845,635$9M0.6%2026-Q1
Public Sector Pension Investment Board added762,678$8M0.6%2026-Q1
GROUP ONE TRADING LLC added760,840$8M0.6%2026-Q1
Solidarity Wealth, LLC added746,833$8M0.5%2026-Q1
CITADEL ADVISORS LLC trimmed729,022$8M0.5%2026-Q1
Invesco Ltd. trimmed728,572$8M0.5%2026-Q1
PRINCIPAL FINANCIAL GROUP INC trimmed721,947$8M0.5%2026-Q1
JANE STREET GROUP, LLC trimmed707,291$8M0.5%2026-Q1
Evergreen Wealth Management, LLC trimmed698,165$8M0.5%2026-Q1
MIZUHO MARKETS AMERICAS LLC added692,308$8M0.5%2026-Q1
Nuveen, LLC added689,471$8M0.5%2026-Q1
JPMORGAN CHASE & CO added698,716$8M0.5%2026-Q1
XTX Topco Ltd added635,919$7M0.5%2026-Q1
Westside Investment Management, Inc. trimmed614,014$7M0.4%2026-Q1
FRANKLIN RESOURCES INC added598,220$7M0.4%2026-Q1
TWO SIGMA INVESTMENTS, LP trimmed564,821$6M0.4%2026-Q1
UBS Group AG trimmed549,588$6M0.4%2026-Q1
GAMCO INVESTORS, INC. ET AL trimmed489,200$5M0.4%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed476,744$5M0.3%2026-Q1
ExodusPoint Capital Management, LP added450,857$5M0.3%2026-Q1
INGALLS & SNYDER LLC added433,626$5M0.3%2026-Q1
RHUMBLINE ADVISERS added430,318$5M0.3%2026-Q1
FIRST TRUST ADVISORS LP added408,325$5M0.3%2026-Q1
Phoenix Financial Ltd. added404,000$4M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed389,369$4M0.3%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH added382,207$4M0.3%2026-Q1
Legal & General Group Plc trimmed333,458$4M0.2%2026-Q1
Ruffer LLP trimmed328,645$4M0.2%2026-Q1
BANK OF AMERICA CORP /DE/ added326,865$4M0.2%2026-Q1
AMERIPRISE FINANCIAL INC trimmed323,302$4M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed314,246$3M0.2%2026-Q1
BESSEMER GROUP INC trimmed310,417$3M0.2%2026-Q1
Man Group plc added303,365$3M0.2%2026-Q1
Swiss National Bank trimmed302,500$3M0.2%2026-Q1
Parallax Volatility Advisers, L.P.300,000$3M0.2%2026-Q1
CAXTON ASSOCIATES LLP added281,222$3M0.2%2026-Q1
Systematic Alpha Investments, LLC275,000$3M0.2%2026-Q1
NORGES BANK331,000$3M0.2%2026-Q1
KORNITZER CAPITAL MANAGEMENT INC /KS trimmed268,530$3M0.2%2026-Q1
CANADA LIFE ASSURANCE Co trimmed261,701$3M0.2%2026-Q1
Brevan Howard Capital Management LP added237,089$3M0.2%2026-Q1
CITIGROUP INC added223,890$2M0.2%2026-Q1
JUPITER ASSET MANAGEMENT LTD added220,785$2M0.2%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed220,253$2M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed215,107$2M0.2%2026-Q1
LPL Financial LLC trimmed214,245$2M0.2%2026-Q1
PRUDENTIAL FINANCIAL INC added210,960$2M0.2%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed208,693$2M0.2%2026-Q1
WEDGE CAPITAL MANAGEMENT L L P/NC trimmed203,332$2M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added202,484$2M0.1%2026-Q1
VANGUARD GROUP INC trimmed15,016,582$159M10.5%2025-Q4 stale
Cannell & Spears LLC added3,364,466$38M2.5%2025-Q3 stale
Ancora Advisors LLC added1,670,000$18M1.2%2025-Q2 stale
Point72 Asset Management, L.P. new1,144,850$12M0.8%2025-Q4 stale
Alyeska Investment Group, L.P. new1,218,990$11M0.7%2025-Q1 stale
Allspring Global Investments Holdings, LLC added555,747$6M0.4%2025-Q3 stale
RENAISSANCE TECHNOLOGIES LLC trimmed527,671$6M0.4%2025-Q3 stale
CANADA PENSION PLAN INVESTMENT BOARD added512,600$5M0.4%2025-Q4 stale
Gifford Fong Associates511,059$5M0.4%2025-Q4 stale
Brandywine Global Investment Management, LLC trimmed502,064$5M0.3%2025-Q4 stale
Rakuten Investment Management, Inc. new20,184$4M0.3%2025-Q3 stale
Neo Ivy Capital Management new347,218$4M0.3%2025-Q3 stale
Informed Momentum Co LLC trimmed319,245$3M0.2%2025-Q2 stale
TWO SIGMA ADVISERS, LP added319,800$3M0.2%2025-Q4 stale
MARSHALL WACE, LLP added286,223$3M0.2%2025-Q3 stale
ADVISORY RESEARCH INC272,687$3M0.2%2025-Q3 stale
Cubist Systematic Strategies, LLC trimmed325,822$3M0.2%2025-Q1 stale
Kingsview Wealth Management, LLC trimmed246,540$3M0.2%2025-Q3 stale
PARK CIRCLE Co added245,505$3M0.2%2025-Q3 stale
Jump Financial, LLC added215,503$2M0.2%2025-Q4 stale
Triasima Portfolio Management inc. added194,340$2M0.1%2025-Q3 stale
VIRGINIA RETIREMENT SYSTEMS ET Al added198,720$2M0.1%2025-Q4 stale
PEAK6 LLC trimmed197,326$2M0.1%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

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