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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
Legal & General Group
51
Legal & General Group
United Kingdom
$15.1M +$173K +1,563 +1%
M2MC
52
Matthew 25 Management Corp
Pennsylvania
$15M -$2.27M -20,500 -13%
AQR Capital Management
53
AQR Capital Management
Connecticut
$14.7M +$5.5M +49,635 +58%
TD Asset Management
54
TD Asset Management
Ontario, Canada
$14.7M -$205K -1,849 -1%
SI
55
Scout Investments
Missouri
$14.6M +$4.39M +39,605 +43%
Barclays
56
Barclays
United Kingdom
$13.7M +$2.38M +21,461 +21%
First Trust Advisors
57
First Trust Advisors
Illinois
$13.2M -$966K -8,721 -7%
Swiss National Bank
58
Swiss National Bank
Switzerland
$13.1M -$1.98M -17,900 -13%
State of Wisconsin Investment Board
59
State of Wisconsin Investment Board
Wisconsin
$12.9M -$1.56M -14,103 -11%
Bank of Montreal
60
Bank of Montreal
Ontario, Canada
$12.9M -$190K -1,711 -1%
Invesco
61
Invesco
Georgia
$12.8M -$9.7M -87,551 -43%
California Public Employees Retirement System
62
California Public Employees Retirement System
California
$12.1M -$1.48M -13,395 -11%
RMDI
63
R.M. Davis Inc
Maine
$12M -$2.93M -26,491 -20%
Retirement Systems of Alabama
64
Retirement Systems of Alabama
Alabama
$12M -$68.8K -621 -0.6%
Ameriprise
65
Ameriprise
Minnesota
$11.4M -$69.1K -624 -0.6%
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
$10.7M -$1.37M -12,326 -11%
UBS AM
67
UBS AM
Illinois
$10.7M -$504K -4,550 -4%
Fisher Asset Management
68
Fisher Asset Management
Washington
$10.2M -$36.2K -327 -0.4%
Connor, Clark & Lunn Investment Management (CC&L)
69
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$9.61M +$7.44M +67,152 +341%
LSV Asset Management
70
LSV Asset Management
Illinois
$9.38M
AIG
71
American International Group
New York
$9.32M -$88.3K -797 -0.9%
Envestnet Asset Management
72
Envestnet Asset Management
Illinois
$9.31M +$1.63M +14,670 +21%
BGIM
73
Brandywine Global Investment Management
Pennsylvania
$9.25M +$2.46M +22,173 +36%
STB
74
S&T Bank
Pennsylvania
$9.05M -$109K -987 -1%
AllianceBernstein
75
AllianceBernstein
Tennessee
$8.89M -$515K -4,652 -5%

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.