Polaris
390 hedge funds and large institutions have $2.21B invested in Polaris in 2020 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 147 increasing their positions, 126 reducing their positions, and 127 closing their positions.
18% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $9.76M
17% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 126
2.21% less ownership
Funds ownership: 76.8% → 74.59% (-2.2%)
18% less funds holding
Funds holding: 473 → 390 (-83)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less capital invested
Capital invested by funds: $4.76B → $2.21B (-$2.55B)
62% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$27.4M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$19M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$17M |
| 5 |
Morgan Stanley
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$64.6M |
| 2 |
Renaissance Technologies
New York
|
-$35.5M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$27.3M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$19.9M |
| 5 |
SRIM
Saratoga Research & Investment Management
Saratoga,
California
|
-$19.8M |
PII Hedge Fund Activity: Q1 2020 in Review
390 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q1 2020, worth a combined $2.21B — down 54% from $4.76B a quarter earlier.
Sellers outnumbered buyers: 127 funds closed out of PII and 48 opened new positions — a net loss of 79 holders — while 126 trimmed existing stakes and 147 added.
The largest buyer was Vanguard Group, adding an estimated $27.8M. The largest seller was State Street, cutting an estimated $64.6M.
- 390 institutional investors held Polaris (PII) as of Q1 2020, down from 473 in Q4 2019.
- Funds reported $2.21B of Polaris stock for Q1 2020, down 54% quarter-over-quarter.
- 48 funds opened new Polaris positions in Q1 2020 and 127 closed out, a net change of -79 holders.
- The largest Polaris buyer in Q1 2020 was Vanguard Group, an estimated $27.8M added.
- The largest Polaris seller in Q1 2020 was State Street, an estimated $64.6M sold.
Based on aggregated 13F filings for Q1 2020.