Polaris
431 hedge funds and large institutions have $4.35B invested in Polaris in 2020 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 131 increasing their positions, 163 reducing their positions, and 52 closing their positions.
33% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 52
11% more call options, than puts
Call options by funds: $49.3M | Put options by funds: $44.3M
3% more funds holding
Funds holding: 417 → 431 (+14)
3% more capital invested
Capital invested by funds: $4.23B → $4.35B (+$122M)
0.69% more ownership
Funds ownership: 74.6% → 75.29% (+0.69%)
20% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 163
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$41.7M |
| 2 |
Two Sigma Investments
New York
|
+$34.8M |
| 3 |
SIM
SRS Investment Management
New York
|
+$34.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$27M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$216M |
| 2 |
VanEck Associates
New York
|
-$23.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$21.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$17.3M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$15.1M |
PII Hedge Fund Activity: Q3 2020 in Review
431 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2020, worth a combined $4.35B — up 2.9% from $4.23B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new PII positions and 52 closed out — a net gain of 17 holders — while 131 added to existing stakes and 163 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $41.7M. The largest seller was State Street, cutting an estimated $216M.
- 431 institutional investors held Polaris (PII) as of Q3 2020, up from 417 in Q2 2020.
- Funds reported $4.35B of Polaris stock for Q3 2020, up 2.9% quarter-over-quarter.
- 69 funds opened new Polaris positions in Q3 2020 and 52 closed out, a net change of +17 holders.
- The largest Polaris buyer in Q3 2020 was Polar Asset Management Partners, an estimated $41.7M added.
- The largest Polaris seller in Q3 2020 was State Street, an estimated $216M sold.
Based on aggregated 13F filings for Q3 2020.