Polaris
448 hedge funds and large institutions have $4.69B invested in Polaris in 2016 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 177 increasing their positions, 156 reducing their positions, and 54 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 156
5.83% more ownership
Funds ownership: 88.74% → 94.57% (+5.8%)
0% less capital invested
Capital invested by funds: $4.69B → $4.69B (-$1.02M)
5% less funds holding
Funds holding: 470 → 448 (-22)
31% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 54
75% less call options, than puts
Call options by funds: $46.5M | Put options by funds: $186M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$271M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$99.9M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$98.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$42.6M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$39.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$65.7M |
| 2 |
Select Equity Group
New York
|
-$65.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$54.1M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$51.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$46.1M |
PII Hedge Fund Activity: Q3 2016 in Review
448 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2016, worth a combined $4.69B — down 0.02% from $4.69B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of PII and 37 opened new positions — a net loss of 17 holders — while 156 trimmed existing stakes and 177 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $271M. The largest seller was Victory Capital Management, cutting an estimated $65.7M.
- 448 institutional investors held Polaris (PII) as of Q3 2016, down from 470 in Q2 2016.
- Funds reported $4.69B of Polaris stock for Q3 2016, down 0.02% quarter-over-quarter.
- 37 funds opened new Polaris positions in Q3 2016 and 54 closed out, a net change of -17 holders.
- The largest Polaris buyer in Q3 2016 was Manulife (Manufacturers Life Insurance), an estimated $271M added.
- The largest Polaris seller in Q3 2016 was Victory Capital Management, an estimated $65.7M sold.
Based on aggregated 13F filings for Q3 2016.