Polaris
440 hedge funds and large institutions have $4.12B invested in Polaris in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 151 increasing their positions, 159 reducing their positions, and 44 closing their positions.
255% more call options, than puts
Call options by funds: $97M | Put options by funds: $27.3M
0% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 44
1% less funds holding
Funds holding: 443 → 440 (-3)
0.7% less ownership
Funds ownership: 77.41% → 76.71% (-0.7%)
4% less capital invested
Capital invested by funds: $4.31B → $4.12B (-$186M)
5% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 159
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$60.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$33.7M |
| 3 |
VanEck Associates
New York
|
+$33.5M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$21.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$246M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$20.5M |
| 3 |
State Street
Boston,
Massachusetts
|
-$18.8M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$11.4M |
| 5 |
Goldman Sachs
New York
|
-$11.4M |
PII Hedge Fund Activity: Q3 2019 in Review
440 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2019, worth a combined $4.12B — down 4.3% from $4.31B a quarter earlier.
Fund positioning in PII was balanced in Q3 2019: 44 funds opened new positions, 44 closed out, 151 added to existing stakes and 159 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $60.6M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $246M.
- 440 institutional investors held Polaris (PII) as of Q3 2019, down from 443 in Q2 2019.
- Funds reported $4.12B of Polaris stock for Q3 2019, down 4.3% quarter-over-quarter.
- 44 funds opened new Polaris positions in Q3 2019 and 44 closed out, a net change of 0 holders.
- The largest Polaris buyer in Q3 2019 was Citadel Advisors, an estimated $60.6M added.
- The largest Polaris seller in Q3 2019 was Manulife (Manufacturers Life Insurance), an estimated $246M sold.
Based on aggregated 13F filings for Q3 2019.