Polaris
487 hedge funds and large institutions have $6.6B invested in Polaris in 2015 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 200 increasing their positions, 162 reducing their positions, and 67 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 162
1.91% more ownership
Funds ownership: 81.74% → 83.66% (+1.9%)
3% less funds holding
Funds holding: 500 → 487 (-13)
15% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 67
17% less capital invested
Capital invested by funds: $8B → $6.6B (-$1.4B)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
57% less call options, than puts
Call options by funds: $36.5M | Put options by funds: $85.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$67.2M |
| 2 |
CI
Cincinnati Insurance
Fairfield,
Ohio
|
+$57M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$51.8M |
| 4 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
+$43.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$43.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$208M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$168M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$124M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$70M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$33.1M |
PII Hedge Fund Activity: Q3 2015 in Review
487 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2015, worth a combined $6.6B — down 17% from $8B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of PII and 57 opened new positions — a net loss of 10 holders — while 162 trimmed existing stakes and 200 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $67.2M. The largest seller was William Blair & Company, cutting an estimated $208M.
- 487 institutional investors held Polaris (PII) as of Q3 2015, down from 500 in Q2 2015.
- Funds reported $6.6B of Polaris stock for Q3 2015, down 17% quarter-over-quarter.
- 57 funds opened new Polaris positions in Q3 2015 and 67 closed out, a net change of -10 holders.
- The largest Polaris buyer in Q3 2015 was Janus Henderson Investors US, an estimated $67.2M added.
- The largest Polaris seller in Q3 2015 was William Blair & Company, an estimated $208M sold.
Based on aggregated 13F filings for Q3 2015.