Joel Greenblatt's PBI Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 70,488 shares of Pitney Bowes Inc. (PBI) worth $745,058, representing 0.00% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 38 quarters.
Based on 13F filings, Joel Greenblatt has maintained a strategic position in PBI, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2014, adding 1.26 M shares. Largest reduction occurred in Q3 2015, reducing 2.9 M shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Pitney Bowes (PBI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Pitney Bowes (PBI) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -196,400 | Reduce 73.59% | 70,488 | $10.57 |
| Q3 2025 | +60,553 | Add 29.35% | 266,888 | $11.41 |
| Q2 2025 | +70,575 | Add 51.99% | 206,335 | $10.91 |
| Q1 2025 | +45,460 | Add 50.34% | 135,760 | $9.05 |
| Q4 2024 | +65,347 | Add 261.88% | 90,300 | $7.24 |
| Q3 2024 | +4,379 | Add 21.28% | 24,953 | $7.13 |
| Q2 2024 | +20,574 | New Buy | 20,574 | $5.08 |
| Q3 2022 | -11,725 | Sold Out | 0 | $0.00 |
| Q2 2022 | +11,725 | New Buy | 11,725 | $3.58 |
| Q2 2020 | -16,216 | Sold Out | 0 | $0.00 |
| Q1 2020 | -46,085 | Reduce 73.97% | 16,216 | $2.04 |
| Q4 2019 | -97,050 | Reduce 60.90% | 62,301 | $4.03 |
| Q3 2019 | -15,707 | Reduce 8.97% | 159,351 | $4.57 |
| Q2 2019 | +44,377 | Add 33.96% | 175,058 | $4.28 |
| Q1 2019 | +130,681 | New Buy | 130,681 | $6.87 |
| Q4 2018 | -252,344 | Sold Out | 0 | $0.00 |
| Q3 2018 | +16,037 | Add 6.79% | 252,344 | $7.08 |
| Q2 2018 | +204,027 | Add 632.05% | 236,307 | $8.57 |
| Q1 2018 | -70,243 | Reduce 68.51% | 32,280 | $10.90 |
| Q4 2017 | +52,645 | Add 105.55% | 102,523 | $11.18 |
| Q3 2017 | -348,148 | Reduce 87.47% | 49,878 | $14.01 |
| Q2 2017 | +132,684 | Add 50.00% | 398,026 | $15.10 |
| Q1 2017 | -245,819 | Reduce 48.09% | 265,342 | $13.11 |
| Q4 2016 | -179,646 | Reduce 26.01% | 511,161 | $15.19 |
| Q3 2016 | +326,977 | Add 89.87% | 690,807 | $18.16 |
| Q2 2016 | +79,548 | Add 27.98% | 363,830 | $17.80 |
| Q1 2016 | +63,393 | Add 28.70% | 284,282 | $21.54 |
| Q4 2015 | -230,832 | Reduce 51.10% | 220,889 | $20.65 |
| Q3 2015 | -2.9 M | Reduce 86.54% | 451,721 | $19.85 |
| Q2 2015 | +937,119 | Add 38.74% | 3.36 M | $20.81 |
| Q1 2015 | +228,595 | Add 10.43% | 2.42 M | $23.32 |
| Q4 2014 | -65,925 | Reduce 2.92% | 2.19 M | $24.37 |
| Q3 2014 | +1.26 M | Add 126.86% | 2.26 M | $24.99 |
| Q2 2014 | +233,233 | Add 30.63% | 994,703 | $27.62 |
| Q1 2014 | -46,102 | Reduce 5.71% | 761,470 | $25.99 |
| Q4 2013 | +57,803 | Add 7.71% | 807,572 | $23.30 |
| Q3 2013 | +52,761 | Add 7.57% | 749,769 | $18.19 |
| Q2 2013 | +697,008 | Add 0.00% | 697,008 | $14.68 |
Joel Greenblatt's Pitney Bowes Investment FAQs
Joel Greenblatt first purchased Pitney Bowes Inc. (PBI) in Q2 2013, acquiring 697,008 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Pitney Bowes Inc. (PBI) for 38 quarters since Q2 2013.
Joel Greenblatt's largest addition to Pitney Bowes Inc. (PBI) was in Q3 2014, adding 2,256,595 shares worth $56.39 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 70,488 shares of Pitney Bowes Inc. (PBI), valued at approximately $745,058.
As of the Q4 2025 filing, Pitney Bowes Inc. (PBI) represents approximately 0.00% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Pitney Bowes Inc. (PBI) was 3,356,384 shares, as reported at the end of Q2 2015.