Global Endowment Management’s Polaris PII Stock Holding History

Global Endowment Management’s Portfolio PII Stock Details PII Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-19,800	Closed	-$1.81M	–	145
2019 Q2	$1.81M	Buy	+19,800	New	+$1.8M	0.17%	46
2019 Q1	–	Sell	-6,500	Closed	-$498K	–	216
2018 Q4	$498K	Buy	+6,500	New	+$584K	0.11%	88
2017 Q3	–	Sell	-36,900	Closed	-$3.4M	–	257
2017 Q2	$3.4M	Buy	36,900 +1,300	+4%	+$111K	0.46%	30
2017 Q1	$2.98M	Buy	+35,600	New	+$3.06M	0.43%	43
2016 Q4	–	Sell	-53,220	Closed	-$4.12M	–	272
2016 Q3	$4.12M	Buy	53,220 +50,380	+1,774%	+$4.38M	0.68%	23
2016 Q2	$232K	Hold	2,840	–	–	0.05%	191
2016 Q1	$280K	Hold	2,840	–	–	0.06%	173
2015 Q4	$244K	Hold	2,840	–	–	0.04%	180
2015 Q3	$340K	Buy	+2,840	New	+$385K	0.05%	181

Other funds holding PII

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

ACH

ArrowMark Colorado Holdings Denver, Colorado $3.76B AUM 21.77% 1-Year Est. Return

CIM

Confluence Investment Management St. Louis, Missouri $6.4B AUM 9.79% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Global Endowment Management's PII Position: Q3 2019 in Review

Global Endowment Management sold out of Polaris (PII) in Q3 2019, closing a stake of 19,800 shares — an estimated $1.81M sold.

Global Endowment Management first reported a position in PII in Q3 2015 and held it in 9 quarters. The position peaked at $4.12M in Q3 2016. 440 funds tracked by Wall St. Rank hold PII as of Q3 2019.

Global Endowment Management reported no remaining Polaris position as of Q3 2019 after selling out during the quarter.
Global Endowment Management sold 19,800 Polaris shares in Q3 2019, an estimated $1.81M.
Global Endowment Management first reported a position in Polaris in Q3 2015 and held it in 9 quarters.
Global Endowment Management's Polaris position peaked at $4.12M in Q3 2016.
440 funds tracked by Wall St. Rank held Polaris as of Q3 2019.

Based on Global Endowment Management's 13F filing for Q3 2019, filed 13 Nov 2019.