Hedge Fund Takes New Position in Logistics Stock, According to Recent SEC Filing

2 days ago 9

Jake Lerch, The Motley Fool

Thu, May 14, 2026 astatine 8:55 AM CDT 4 min read

On May 11, 2026, Long Corridor Asset Management Ltd disclosed a caller presumption successful Pitney Bowes (NYSE:PBI), acquiring 1,120,000 shares successful an estimated $11.75 cardinal commercialized based connected the quarterly mean price.

What happened

According to a U.S. Securities and Exchange Commission (SEC) filing dated May 11, 2026, Long Corridor Asset Management Ltd disclosed the acquisition of 1,120,000 shares of Pitney Bowes. The estimated transaction worth was $11.75 million, calculated utilizing the mean closing terms for the archetypal 4th of 2026. The presumption was valued astatine $12.38 cardinal astatine quarter’s end, reflecting Long Corridor's caller acquisition of Pitney Bowes shares.

What other to cognize

This marks a caller presumption for Long Corridor, with Pitney Bowes representing 3.79% of reported 13F assets nether absorption (AUM) arsenic of March 31, 2026.

Top holdings aft the filing:

NASDAQ: GOOGL: $41.41 cardinal (12.7% of AUM)
NASDAQ: AMZN: $35.23 cardinal (10.8% of AUM)
NASDAQ: META: $30.32 cardinal (9.3% of AUM)
NYSE: AXP: $29.64 cardinal (9.1% of AUM)
NASDAQ: MSFT: $27.76 cardinal (8.5% of AUM)

As of May 11, 2026, Pitney Bowes shares were trading astatine $15.90, up 73.6% implicit the past twelvemonth and outperforming the S&P 500 by 45.89 percent points.

Company Overview

Metric

Value

Revenue (TTM)	$1.88 billion
Net Income (TTM)	$167.41 million
Dividend Yield	2.52%
Price (as of marketplace adjacent 2026-05-11)	$15.90

Company Snapshot

Offers technology, logistics, and fiscal services, including parcel delivery, message sortation, and shipping solutions crossed 3 main segments: Global Ecommerce, Presort Services, and SendTech Solutions.
Generates gross chiefly done work fees for logistics and message processing, exertion sales, and fiscal services related to shipping and mailing operations.
Serves tiny and medium-sized businesses, ample enterprises, retailers, and authorities clients successful the United States, Canada, and internationally.

Pitney Bowes provides exertion and logistics solutions for planetary businesses, including e-commerce, message processing, and shipping. Pitney Bowes Inc. operates globally, providing integrated shipping, mailing, and logistics solutions done aggregate concern segments. The institution provides exertion and logistics services to a wide commercialized and authorities lawsuit base.

What this transaction means for investors

Long Corridor Asset Management, a hedge money based successful Hong Kong, precocious purchased astir $12.4 cardinal of Pitney Bowes banal during the archetypal 4th (the 3 months ended March 31, 2026). Here are immoderate cardinal takeaways for investors.

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