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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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+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: 459465 (+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

Holders
465
Holders Change
+6
Holders Change %
+1.31%
% of All Funds
7.41%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
59
Increased
148
Reduced
165
Closed
45
Calls
$62.1M
Puts
$95.6M
Net Calls
-$33.5M
Net Calls Change
-$180K
Name Holding Trade Value Shares
Change
Change in
Stake
ProShare Advisors
26
ProShare Advisors
Maryland
$36M -$2.54M -22,966 -7%
HPC
27
HM Payson & Co
Maine
$34.9M +$419K +3,781 +1%
SHCM
28
Silver Heights Capital Management
Ontario, Canada
$34.9M -$22.3K -201 -0.1%
Bank of America
29
Bank of America
North Carolina
$33.5M +$2.12M +19,104 +7%
Wells Fargo
30
Wells Fargo
California
$32.7M -$567K -5,114 -2%
SAM
31
Silvercrest Asset Management
New York
$29.1M +$1.5M +13,525 +5%
Citadel Advisors
32
Citadel Advisors
Florida
$28.6M +$19M +171,683 +197%
Principal Financial Group
33
Principal Financial Group
Iowa
$23.9M +$97.3K +878 +0.4%
VDI
34
Vaughan David Investments
Illinois
$23.6M +$406K +3,665 +2%
Millennium Management
35
Millennium Management
New York
$22.8M -$50.4M -455,034 -69%
JGC
36
J. Goldman & Co
New York
$20.4M +$20.5M +184,803 New
Two Sigma Advisers
37
Two Sigma Advisers
New York
$20.2M +$19.8M +178,500 +4,250%
Qube Research & Technologies (QRT)
38
Qube Research & Technologies (QRT)
United Kingdom
$20M -$7.9M -71,340 -28%
Massachusetts Financial Services
39
Massachusetts Financial Services
Massachusetts
$19.9M -$10.9M -98,737 -35%
Royal London Asset Management
40
Royal London Asset Management
United Kingdom
$19.9M +$1.1M +9,966 +6%
SFM
41
Systematic Financial Management
New Jersey
$19.6M -$781K -7,046 -4%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$18.4M +$130K +1,169 +0.7%
Two Sigma Investments
43
Two Sigma Investments
New York
$18.2M +$18.2M +164,174 New
JP Morgan Chase
44
JP Morgan Chase
New York
$17.9M +$2.24M +20,176 +14%
N
45
Nuveen
North Carolina
$17.3M +$645K +5,818 +4%
CSS
46
Cubist Systematic Strategies
Connecticut
$16M -$1.06M -9,574 -6%
RJFSA
47
Raymond James Financial Services Advisors
Florida
$16M -$747K -6,744 -4%
UBS Group
48
UBS Group
Switzerland
$15.6M -$9.31M -84,076 -37%
SIC
49
Schwartz Investment Counsel
Michigan
$15.6M
HW
50
Hancock Whitney
Mississippi
$15.2M +$13.9M +125,453 +1,084%

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.