Polaris
392 hedge funds and large institutions have $6.74B invested in Polaris in 2013 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 124 increasing their positions, 160 reducing their positions, and 33 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 6 → 12 (+6)
91% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 33
34% more capital invested
Capital invested by funds: $5.05B → $6.74B (+$1.69B)
11% more call options, than puts
Call options by funds: $129M | Put options by funds: $116M
7% more funds holding
Funds holding: 368 → 392 (+24)
1.47% less ownership
Funds ownership: 77.3% → 75.83% (-1.5%)
23% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 160
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$68.7M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$44.4M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$44.1M |
| 4 |
IIM
Ivory Investment Management
New York
|
+$43.3M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$42.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$39.5M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$39.1M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$36.4M |
| 5 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$33M |
PII Hedge Fund Activity: Q3 2013 in Review
392 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2013, worth a combined $6.74B — up 34% from $5.05B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new PII positions and 33 closed out — a net gain of 30 holders — while 124 added to existing stakes and 160 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $68.7M. The largest seller was Massachusetts Financial Services, cutting an estimated $42.4M.
- 392 institutional investors held Polaris (PII) as of Q3 2013, up from 368 in Q2 2013.
- Funds reported $6.74B of Polaris stock for Q3 2013, up 34% quarter-over-quarter.
- 63 funds opened new Polaris positions in Q3 2013 and 33 closed out, a net change of +30 holders.
- The largest Polaris buyer in Q3 2013 was Franklin Resources, an estimated $68.7M added.
- The largest Polaris seller in Q3 2013 was Massachusetts Financial Services, an estimated $42.4M sold.
Based on aggregated 13F filings for Q3 2013.