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474 hedge funds and large institutions have $4.58B invested in Polaris in 2023 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 141 increasing their positions, 179 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

1% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 74

1% less funds holding

Funds holding: 479474 (-5)

2.7% less ownership

Funds ownership: 88.28%85.58% (-2.7%)

12% less capital invested

Capital invested by funds: $5.22B → $4.58B (-$641M)

15% less call options, than puts

Call options by funds: $79.5M | Put options by funds: $93.5M

21% less repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 179

Holders
474
Holders Change
-5
Holders Change %
-1.04%
% of All Funds
6.91%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.06%
New
75
Increased
141
Reduced
179
Closed
74
Calls
$79.5M
Puts
$93.5M
Net Calls
-$14M
Net Calls Change
+$35.9M
Name Holding Trade Value Shares
Change
Change in
Stake
ProShare Advisors
26
ProShare Advisors
Maryland
$31.3M +$6.38M +69,640 +27%
AQR Capital Management
27
AQR Capital Management
Connecticut
$30.9M -$8.99M -98,193 -23%
SAM
28
Southernsun Asset Management
Tennessee
$30.6M -$3.05M -33,260 -9%
Wells Fargo
29
Wells Fargo
California
$29.1M +$1.31M +14,310 +5%
Bank of America
30
Bank of America
North Carolina
$26.4M -$2.96M -32,271 -10%
LSV Asset Management
31
LSV Asset Management
Illinois
$24.8M +$15.7M +171,672 +190%
Royal London Asset Management
32
Royal London Asset Management
United Kingdom
$24.6M +$663K +7,239 +3%
Millennium Management
33
Millennium Management
New York
$24.3M +$6.76M +73,794 +40%
Goldman Sachs
34
Goldman Sachs
New York
$21.1M -$4.06M -44,314 -17%
SHCM
35
Silver Heights Capital Management
Ontario, Canada
$21M +$151K +1,645 +0.7%
Holocene Advisors
36
Holocene Advisors
New York
$19.9M +$19.2M +209,735 New
Principal Financial Group
37
Principal Financial Group
Iowa
$18.5M -$148K -1,611 -0.8%
SBH
38
Segall Bryant & Hamill
Illinois
$18.1M +$17.5M +190,840 New
SFM
39
Systematic Financial Management
New Jersey
$17.4M +$1.66M +18,112 +11%
UBS AM
40
UBS AM
Illinois
$16.8M +$2.22M +24,216 +16%
HF
41
HRT Financial
New York
$16.6M +$4.81M +52,473 +43%
First Trust Advisors
42
First Trust Advisors
Illinois
$15.6M -$1.39M -15,149 -8%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$15.1M -$185K -2,022 -1%
Tudor Investment Corp
44
Tudor Investment Corp
Connecticut
$14.2M +$2.79M +30,504 +26%
N
45
Nuveen
North Carolina
$13.6M +$173K +1,893 +1%
TD Asset Management
46
TD Asset Management
Ontario, Canada
$13.3M +$987K +10,770 +8%
Retirement Systems of Alabama
47
Retirement Systems of Alabama
Alabama
$13.2M +$3.33M +36,316 +35%
UBS Group
48
UBS Group
Switzerland
$12.2M -$1.87M -20,453 -14%
Norges Bank
49
Norges Bank
Norway
$12.2M +$3.45M +37,612 +41%
Legal & General Group
50
Legal & General Group
United Kingdom
$12M -$255K -2,785 -2%

PII Hedge Fund Activity: Q4 2023 in Review

474 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q4 2023, worth a combined $4.58B — down 12% from $5.22B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new PII positions and 74 closed out — a net gain of 1 holder — while 141 added to existing stakes and 179 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $39.8M. The largest seller was VanEck Associates, cutting an estimated $119M.

  • 474 institutional investors held Polaris (PII) as of Q4 2023, down from 479 in Q3 2023.
  • Funds reported $4.58B of Polaris stock for Q4 2023, down 12% quarter-over-quarter.
  • 75 funds opened new Polaris positions in Q4 2023 and 74 closed out, a net change of +1 holder.
  • The largest Polaris buyer in Q4 2023 was Morgan Stanley, an estimated $39.8M added.
  • The largest Polaris seller in Q4 2023 was VanEck Associates, an estimated $119M sold.

Based on aggregated 13F filings for Q4 2023.