PBI (PBI) Institutional Ownership Changes & 13F Activity
PBI (PBI) institutional ownership data tracks hedge funds, asset managers, and other institutional investors based on recent SEC 13F filings (Q4 2025). This page analyzes institutional buying and selling activity, new holdings, and sold-out positions among tracked filers. Notable filers include Polen Capital Management, Renaissance Technologies LLC, Miller Value Partners, First Eagle U.S. Value, and Arbiter Partners Capital Management.
| Portfolio quarter | Name | Type | Quantity | Remaining | Reported stock balance |
|---|---|---|---|---|---|
| Q4 2021 | First Eagle U.S. Value | Buy | 96,000 | 138,842 | $921 |
| Q3 2021 | Miller Value Partners | Buy | 179,075 | 1,396,034 | $10,065 |
| Q3 2021 | First Eagle U.S. Value | Buy | 38,000 | 42,842 | $309 |
| Q2 2021 | First Eagle U.S. Value | Sell | -436,977 | 4,842 | $42 |
| Q2 2021 | Miller Value Partners | Buy | 193,290 | 1,216,959 | $10,673 |
| Q1 2021 | Miller Value Partners | Sell | -367,191 | 1,023,669 | $8,435 |
| Q1 2021 | Renaissance Technologies LLC | Sell | -300,900 | 495,100 | $4,080 |
| Q4 2020 | Miller Value Partners | Sell | -5,933,265 | 1,390,860 | $8,568 |
| Q4 2020 | Renaissance Technologies LLC | Buy | 408,300 | 796,000 | $4,903 |
| Q3 2020 | Miller Value Partners | Buy | 1,913,500 | 7,324,125 | $38,891 |
| Q3 2020 | Renaissance Technologies LLC | Sell | -417,800 | 387,700 | $2,059 |
| Q2 2020 | Miller Value Partners | Buy | 323,996 | 5,410,625 | $14,068 |
| Q2 2020 | Renaissance Technologies LLC | Buy | 2,606 | 805,500 | $2,094 |
| Q1 2020 | Renaissance Technologies LLC | Sell | -437,731 | 802,894 | $1,638 |
| Q1 2020 | Miller Value Partners | Sell | -83,396 | 5,086,629 | $10,377 |
| Q4 2019 | Miller Value Partners | Buy | 1,022,250 | 5,170,025 | $20,835 |
| Q4 2019 | Renaissance Technologies LLC | Sell | -236,083 | 1,240,625 | $5,000 |
| Q3 2019 | Miller Value Partners | Buy | 1,229,900 | 4,147,775 | $18,955 |
| Q3 2019 | Renaissance Technologies LLC | Buy | 424,982 | 1,476,708 | $6,749 |
| Q2 2019 | Miller Value Partners | Buy | 531,550 | 2,917,875 | $12,489 |
| Q2 2019 | Renaissance Technologies LLC | Buy | 258,026 | 1,051,726 | $4,501 |
| Q1 2019 | Miller Value Partners | Buy | 2,360,225 | 2,386,325 | $16,394 |
| Q1 2019 | Renaissance Technologies LLC | Buy | 570,700 | 793,700 | $5,453 |
| Q2 2018 | Arbiter Partners Capital Management | Sell | -148,787 | 874,639 | $7,496 |
| Q1 2018 | Renaissance Technologies LLC | Sell | -391,200 | 223,000 | $2,428 |
| Q4 2017 | Arbiter Partners Capital Management | Buy | 100,000 | 1,023,426 | $11,442 |
| Q3 2017 | Arbiter Partners Capital Management | Buy | 923,426 | 923,426 | $12,937 |
| Q3 2017 | Renaissance Technologies LLC | Sell | -494,975 | 614,200 | $8,605 |
| Q2 2017 | First Eagle U.S. Value | Sell | -762,490 | 441,819 | $6,671 |
| Q2 2017 | Renaissance Technologies LLC | Sell | -304,851 | 1,109,175 | $16,749 |
Frequently asked questions about PBI activity
Which institutional owners are buying PBI?
Institutional owners buying PBI include investors who have either initiated new positions or increased their existing holdings based on recent SEC 13F filings. The activity table above highlights which funds added shares in the latest reporting periods and how their positions changed over time.
What does "buy" mean in PBI activity?
"Buy" means an investor increased their reported position in PBI compared to the prior reporting period. This reflects growing exposure to PBI rather than necessarily a brand-new position (though new positions also appear as buys when prior quantity was zero).
Is institutional interest in PBI increasing?
Institutional interest in PBI can be assessed by comparing the number of tracked funds adding or increasing positions versus those trimming or exiting across the periods shown. A higher number of additions typically signals increasing participation among large filers, but it should be read alongside position sizes and the full table.