Polaris
500 hedge funds and large institutions have $8B invested in Polaris in 2015 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 181 increasing their positions, 182 reducing their positions, and 54 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 2 → 8 (+6)
24% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 54
2% more funds holding
Funds holding: 492 → 500 (+8)
2% more capital invested
Capital invested by funds: $7.84B → $8B (+$154M)
1% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 182
1.98% less ownership
Funds ownership: 83.72% → 81.74% (-2%)
25% less call options, than puts
Call options by funds: $78.9M | Put options by funds: $105M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$236M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$141M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$106M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$48M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$42.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$257M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$191M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$94.7M |
| 4 |
EPCM
Eton Park Capital Management
New York
|
-$76.3M |
| 5 |
Neuberger Berman Group
New York
|
-$65.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFSG
551
Community Financial Services Group
Newport,
Vermont
| – | -$1K | -10 | Closed |
|
552
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -8 | Closed |
|
|
WCM
553
Wealthcare Capital Management
Richmond,
Virginia
| – | -$1K | -8 | Closed |
|
|
RCG
554
Ruggie Capital Group
Tavares,
Florida
| – | -$1K | -7 | Closed |
|
PII Hedge Fund Activity: Q2 2015 in Review
500 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q2 2015, worth a combined $8B — up 2% from $7.84B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new PII positions and 54 closed out — a net gain of 13 holders — while 181 added to existing stakes and 182 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $236M. The largest seller was AllianceBernstein, cutting an estimated $257M.
- 500 institutional investors held Polaris (PII) as of Q2 2015, up from 492 in Q1 2015.
- Funds reported $8B of Polaris stock for Q2 2015, up 2% quarter-over-quarter.
- 67 funds opened new Polaris positions in Q2 2015 and 54 closed out, a net change of +13 holders.
- The largest Polaris buyer in Q2 2015 was Citadel Advisors, an estimated $236M added.
- The largest Polaris seller in Q2 2015 was AllianceBernstein, an estimated $257M sold.
Based on aggregated 13F filings for Q2 2015.