421 hedge funds and large institutions have $3.22B invested in Polaris in 2025 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 121 increasing their positions, 140 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more capital invested

Capital invested by funds: $ → $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

6.03% less ownership

Funds ownership: 104.5%98.47% (-6%)

14% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 140

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
421
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$110M
Puts
$53.6M
Net Calls
Net Calls Change

Top Buyers

1 +$40.5M
2 +$30.7M
3 +$26M
4
Pacer Advisors
Pacer Advisors
Pennsylvania
+$22.9M
5
Goldman Sachs
Goldman Sachs
New York
+$21.6M

Top Sellers

1 -$76.5M
2 -$52.1M
3 -$33.5M
4
Invesco
Invesco
Georgia
-$21.2M
5
ProShare Advisors
ProShare Advisors
Maryland
-$17.7M
Name Holding Trade Value Shares
Change
Change in
Stake
NMIMC
176
Northwestern Mutual Investment Management Company
Wisconsin
$692K
Corient Private Wealth
177
Corient Private Wealth
Florida
$685K
Ensign Peak Advisors
178
Ensign Peak Advisors
Utah
$676K
KK
179
KLP Kapitalforvaltning
Norway
$674K
IMPI
180
Ilmarinen Mutual Pension Insurance
Finland
$669K
PCA
181
Pallas Capital Advisors
Massachusetts
$657K
SC
182
SummitTX Capital
Texas
$650K
NMERB
183
New Mexico Educational Retirement Board
New Mexico
$645K
Brown Advisory
184
Brown Advisory
Maryland
$644K
Envestnet Asset Management
185
Envestnet Asset Management
Illinois
$642K
KFS
186
Keynote Financial Services
Connecticut
$637K
MFG
187
Merit Financial Group
Georgia
$626K
OPERF
188
Oregon Public Employees Retirement Fund
Oregon
$624K
UHC
189
Union Heritage Capital
Michigan
$624K
Rockefeller Capital Management
190
Rockefeller Capital Management
New York
$612K
GS
191
GTS Securities
New York
$587K
HSBC Holdings
192
HSBC Holdings
United Kingdom
$587K
Mercer Global Advisors
193
Mercer Global Advisors
Colorado
$573K
PA
194
Probity Advisors
Texas
$571K
VOYA Investment Management
195
VOYA Investment Management
Georgia
$565K
KeyBank National Association
196
KeyBank National Association
Ohio
$563K
ASN
197
Advisory Services Network
Georgia
$563K
US Bancorp
198
US Bancorp
Minnesota
$543K
VRS
199
Virginia Retirement Systems
Virginia
$535K
Bank of Montreal
200
Bank of Montreal
Ontario, Canada
$532K