Polaris
PII
465 hedge funds and large institutions have $5.63B invested in Polaris in 2023 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 148 increasing their positions, 165 reducing their positions, and 45 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
31% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 45
11% more capital invested
Capital invested by funds: $5.09B → $5.63B (+$544M)
1% more funds holding
Funds holding: 459 → 465 (+6)
1.17% more ownership
Funds ownership: 88% → 89.17% (+1.2%)
10% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 165
35% less call options, than puts
Call options by funds: $62.1M | Put options by funds: $95.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$20.5M |
| 2 |
Two Sigma Advisers
New York
|
+$19.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$19M |
| 4 |
Two Sigma Investments
New York
|
+$18.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$50.4M |
| 2 |
Morgan Stanley
New York
|
-$38.3M |
| 3 |
Goldman Sachs
New York
|
-$24.8M |
| 4 |
Neuberger Berman Group
New York
|
-$21.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$10.9M |
PII Hedge Fund Activity: Q1 2023 in Review
465 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q1 2023, worth a combined $5.63B — up 11% from $5.09B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new PII positions and 45 closed out — a net gain of 14 holders — while 148 added to existing stakes and 165 trimmed.
The largest buyer was J. Goldman & Co, opening a new position worth an estimated $20.5M. The largest seller was Millennium Management, cutting an estimated $50.4M.
- 465 institutional investors held Polaris (PII) as of Q1 2023, up from 459 in Q4 2022.
- Funds reported $5.63B of Polaris stock for Q1 2023, up 11% quarter-over-quarter.
- 59 funds opened new Polaris positions in Q1 2023 and 45 closed out, a net change of +14 holders.
- The largest Polaris buyer in Q1 2023 was J. Goldman & Co, an estimated $20.5M added.
- The largest Polaris seller in Q1 2023 was Millennium Management, an estimated $50.4M sold.
Based on aggregated 13F filings for Q1 2023.