Polaris
493 hedge funds and large institutions have $7.86B invested in Polaris in 2015 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 199 increasing their positions, 179 reducing their positions, and 58 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 179
1.05% more ownership
Funds ownership: 82.67% → 83.72% (+1%)
3% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 58
1% less funds holding
Funds holding: 498 → 493 (-5)
5% less capital invested
Capital invested by funds: $8.3B → $7.86B (-$446M)
55% less call options, than puts
Call options by funds: $44.2M | Put options by funds: $97.2M
75% less funds holding in top 10
Funds holding in top 10: 8 → 2 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$92.1M |
| 2 |
EPCM
Eton Park Capital Management
New York
|
+$79.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$79.1M |
| 4 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$52.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$48.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$57.8M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$41.8M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$38.5M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$38.1M |
| 5 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$37.2M |
PII Hedge Fund Activity: Q1 2015 in Review
493 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q1 2015, worth a combined $7.86B — down 5.4% from $8.3B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PII positions and 58 closed out — a net gain of 2 holders — while 199 added to existing stakes and 179 trimmed.
The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $92.1M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $57.8M sold.
- 493 institutional investors held Polaris (PII) as of Q1 2015, down from 498 in Q4 2014.
- Funds reported $7.86B of Polaris stock for Q1 2015, down 5.4% quarter-over-quarter.
- 60 funds opened new Polaris positions in Q1 2015 and 58 closed out, a net change of +2 holders.
- The largest Polaris buyer in Q1 2015 was Waddell & Reed Financial, an estimated $92.1M added.
- The largest Polaris seller in Q1 2015 was Westfield Capital Management, an estimated $57.8M sold.
Based on aggregated 13F filings for Q1 2015.