Polaris
423 hedge funds and large institutions have $6.02B invested in Polaris in 2017 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 118 increasing their positions, 174 reducing their positions, and 34 closing their positions.
24% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 34
9% more capital invested
Capital invested by funds: $5.53B → $6.02B (+$488M)
1% more funds holding
Funds holding: 420 → 423 (+3)
3.25% less ownership
Funds ownership: 95.19% → 91.94% (-3.2%)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
32% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 174
34% less call options, than puts
Call options by funds: $62.1M | Put options by funds: $94.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$16.9M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$14.1M |
| 3 |
CCI
Columbus Circle Investors
|
+$12.6M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$11.1M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$10.2M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
451
Parallax Volatility Advisers
San Francisco,
California
| – | -$37.5K | -396 | Closed |
|
|
MLFP
452
MPS Loria Financial Planners
Burr Ridge,
Illinois
| – | -$19K | -215 | Closed |
|
|
GI
453
Gradient Investments
Arden Hills,
Minnesota
| – | -$11K | -119 | Closed |
|
|
WEC
454
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$9.68K | -105 | Closed |
|
|
TRCT
455
Tower Research Capital (TRC)
New York
| – | -$9K | -100 | Closed |
|
|
RFM
456
Royal Fund Management
Lady Lake,
Florida
| – | -$2K | -30 | Closed |
|
PII Hedge Fund Activity: Q3 2017 in Review
423 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2017, worth a combined $6.02B — up 8.8% from $5.53B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PII positions and 34 closed out — a net gain of 8 holders — while 118 added to existing stakes and 174 trimmed.
The largest buyer was Bank of America, adding an estimated $16.9M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $42.7M.
- 423 institutional investors held Polaris (PII) as of Q3 2017, up from 420 in Q2 2017.
- Funds reported $6.02B of Polaris stock for Q3 2017, up 8.8% quarter-over-quarter.
- 42 funds opened new Polaris positions in Q3 2017 and 34 closed out, a net change of +8 holders.
- The largest Polaris buyer in Q3 2017 was Bank of America, an estimated $16.9M added.
- The largest Polaris seller in Q3 2017 was Kayne Anderson Rudnick Investment Management, an estimated $42.7M sold.
Based on aggregated 13F filings for Q3 2017.