Polaris
PII
469 hedge funds and large institutions have $5.28B invested in Polaris in 2016 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 177 increasing their positions, 160 reducing their positions, and 75 closing their positions.
44% more call options, than puts
Call options by funds: $102M | Put options by funds: $71.2M
12% more capital invested
Capital invested by funds: $4.7B → $5.28B (+$579M)
11% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 160
2.04% more ownership
Funds ownership: 84% → 86.04% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less funds holding
Funds holding: 479 → 469 (-10)
11% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$135M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$121M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$55.5M |
| 4 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$41.9M |
| 5 |
MCM
Melvin Capital Management
New York
|
+$36.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$169M |
| 2 |
GAM
Gotham Asset Management
New York
|
-$61.7M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$35.8M |
| 4 |
VanEck Associates
New York
|
-$32M |
| 5 |
Renaissance Technologies
New York
|
-$23M |
PII Hedge Fund Activity: Q1 2016 in Review
469 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q1 2016, worth a combined $5.28B — up 12% from $4.7B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of PII and 67 opened new positions — a net loss of 8 holders — while 160 trimmed existing stakes and 177 added.
The largest buyer was State Street, adding an estimated $135M. The largest seller was William Blair Investment Management, exiting entirely with an estimated $169M sold.
- 469 institutional investors held Polaris (PII) as of Q1 2016, down from 479 in Q4 2015.
- Funds reported $5.28B of Polaris stock for Q1 2016, up 12% quarter-over-quarter.
- 67 funds opened new Polaris positions in Q1 2016 and 75 closed out, a net change of -8 holders.
- The largest Polaris buyer in Q1 2016 was State Street, an estimated $135M added.
- The largest Polaris seller in Q1 2016 was William Blair Investment Management, an estimated $169M sold.
Based on aggregated 13F filings for Q1 2016.