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Polaris

479 hedge funds and large institutions have $4.7B invested in Polaris in 2015 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 191 increasing their positions, 149 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 191 | Existing positions reduced: 149

0.34% more ownership

Funds ownership: 83.66%84% (+0.34%)

3% less first-time investments, than exits

New positions opened: 84 | Existing positions closed: 87

2% less funds holding

Funds holding: 487479 (-8)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

29% less capital invested

Capital invested by funds: $6.6B → $4.7B (-$1.89B)

81% less call options, than puts

Call options by funds: $35M | Put options by funds: $187M

Holders
479
Holders Change
-8
Holders Change %
-1.64%
% of All Funds
12.57%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.1%
New
84
Increased
191
Reduced
149
Closed
87
Calls
$35M
Puts
$187M
Net Calls
-$152M
Net Calls Change
-$103M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$403M +$9.56M +90,197 +2%
Wells Fargo
2
Wells Fargo
California
$265M -$33.7M -318,166 -9%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$223M -$33.8M -318,890 -11%
BFA
4
BlackRock Fund Advisors
California
$183M +$7.11M +67,110 +3%
JHIU
5
Janus Henderson Investors US
Colorado
$172M +$50.1M +472,703 +31%
State Street
6
State Street
Massachusetts
$171M +$381K +3,593 +0.2%
William Blair Investment Management
7
William Blair Investment Management
Illinois
$169M +$29.4M +276,969 +16%
BIT
8
BlackRock Institutional Trust
California
$160M +$4.58M +43,198 +2%
SAM
9
Southernsun Asset Management
Tennessee
$147M +$94.7M +893,695 +110%
Neuberger Berman Group
10
Neuberger Berman Group
New York
$139M -$41.9M -394,834 -20%
WRF
11
Waddell & Reed Financial
Kansas
$133M -$20.3M -191,828 -11%
Select Equity Group
12
Select Equity Group
New York
$94.2M +$23.4M +220,509 +25%
Franklin Resources
13
Franklin Resources
California
$85M -$3.16M -29,778 -3%
DAC
14
Dividend Assets Capital
South Carolina
$80M +$8.29M +78,203 +9%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$65.5M -$10.3M -97,566 -11%
NC
16
Nicholas Company
Wisconsin
$64.8M +$4.15M +39,150 +5%
GAM
17
Gotham Asset Management
New York
$61.7M +$76.1M +717,618 New
Northern Trust
18
Northern Trust
Illinois
$58.6M -$6.08M -57,355 -8%
CWAM
19
Columbia Wanger Asset Management
Illinois
$52.4M +$31.7M +298,822 +96%
Deutsche Bank
20
Deutsche Bank
Germany
$50.7M -$994K -9,374 -2%
Norges Bank
21
Norges Bank
Norway
$49.3M +$922K +8,699 +2%
CI
22
Cincinnati Insurance
Ohio
$43.8M +$9.54M +90,000 +21%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$36.2M +$2.8M +26,452 +7%
TCM
24
TimesSquare Capital Management
New York
$35.8M -$15.9M -149,925 -26%
M2MC
25
Matthew 25 Management Corp
Pennsylvania
$34.4M +$11.1M +105,000 +36%

PII Hedge Fund Activity: Q4 2015 in Review

479 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q4 2015, worth a combined $4.7B — down 29% from $6.6B a quarter earlier.

Sellers outnumbered buyers: 87 funds closed out of PII and 84 opened new positions — a net loss of 3 holders — while 149 trimmed existing stakes and 191 added.

The largest buyer was Southernsun Asset Management, adding an estimated $94.7M. The largest seller was American Century Companies, cutting an estimated $84M.

  • 479 institutional investors held Polaris (PII) as of Q4 2015, down from 487 in Q3 2015.
  • Funds reported $4.7B of Polaris stock for Q4 2015, down 29% quarter-over-quarter.
  • 84 funds opened new Polaris positions in Q4 2015 and 87 closed out, a net change of -3 holders.
  • The largest Polaris buyer in Q4 2015 was Southernsun Asset Management, an estimated $94.7M added.
  • The largest Polaris seller in Q4 2015 was American Century Companies, an estimated $84M sold.

Based on aggregated 13F filings for Q4 2015.