Polaris
498 hedge funds and large institutions have $8.3B invested in Polaris in 2014 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 182 increasing their positions, 165 reducing their positions, and 36 closing their positions.
161% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 36
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
11% more funds holding
Funds holding: 448 → 498 (+50)
10% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 165
6% more capital invested
Capital invested by funds: $7.81B → $8.3B (+$493M)
3.64% more ownership
Funds ownership: 79.03% → 82.67% (+3.6%)
65% less call options, than puts
Call options by funds: $36.4M | Put options by funds: $104M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$78.9M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$67.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$64.9M |
| 4 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
+$64.8M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$52.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$79.8M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$42.1M |
| 3 |
AC
Ascend Capital
Orinda,
California
|
-$41.3M |
| 4 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$30M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$20.5M |
PII Hedge Fund Activity: Q4 2014 in Review
498 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q4 2014, worth a combined $8.3B — up 6.3% from $7.81B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new PII positions and 36 closed out — a net gain of 58 holders — while 182 added to existing stakes and 165 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $78.9M. The largest seller was Citadel Advisors, cutting an estimated $79.8M.
- 498 institutional investors held Polaris (PII) as of Q4 2014, up from 448 in Q3 2014.
- Funds reported $8.3B of Polaris stock for Q4 2014, up 6.3% quarter-over-quarter.
- 94 funds opened new Polaris positions in Q4 2014 and 36 closed out, a net change of +58 holders.
- The largest Polaris buyer in Q4 2014 was Fidelity Investments, an estimated $78.9M added.
- The largest Polaris seller in Q4 2014 was Citadel Advisors, an estimated $79.8M sold.
Based on aggregated 13F filings for Q4 2014.