Polaris
470 hedge funds and large institutions have $4.69B invested in Polaris in 2016 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 200 increasing their positions, 132 reducing their positions, and 56 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 132
2.7% more ownership
Funds ownership: 86.04% → 88.74% (+2.7%)
9% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 56
0% more funds holding
Funds holding: 469 → 470 (+1)
11% less capital invested
Capital invested by funds: $5.28B → $4.69B (-$597M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less call options, than puts
Call options by funds: $34.5M | Put options by funds: $48.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$102M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$75.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$59.9M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$43.7M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$41.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$124M |
| 2 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$73.8M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$55.3M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$41.9M |
| 5 |
Select Equity Group
New York
|
-$36.8M |
PII Hedge Fund Activity: Q2 2016 in Review
470 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q2 2016, worth a combined $4.69B — down 11% from $5.28B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new PII positions and 56 closed out — a net gain of 5 holders — while 200 added to existing stakes and 132 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $102M. The largest seller was Royal London Asset Management, cutting an estimated $124M.
- 470 institutional investors held Polaris (PII) as of Q2 2016, up from 469 in Q1 2016.
- Funds reported $4.69B of Polaris stock for Q2 2016, down 11% quarter-over-quarter.
- 61 funds opened new Polaris positions in Q2 2016 and 56 closed out, a net change of +5 holders.
- The largest Polaris buyer in Q2 2016 was Capital Research Global Investors, an estimated $102M added.
- The largest Polaris seller in Q2 2016 was Royal London Asset Management, an estimated $124M sold.
Based on aggregated 13F filings for Q2 2016.