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440 hedge funds and large institutions have $4.94B invested in Polaris in 2017 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 155 increasing their positions, 150 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

13% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 54

8% more capital invested

Capital invested by funds: $4.6B → $4.94B (+$346M)

6.62% more ownership

Funds ownership: 87.08%93.7% (+6.6%)

3% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 150

1% less funds holding

Funds holding: 443440 (-3)

33% less call options, than puts

Call options by funds: $35.6M | Put options by funds: $52.8M

Holders
440
Holders Change
-3
Holders Change %
-0.68%
% of All Funds
10.95%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.17%
New
61
Increased
155
Reduced
150
Closed
54
Calls
$35.6M
Puts
$52.8M
Net Calls
-$17.2M
Net Calls Change
+$20M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$449M +$449M +5,212,474 +3,543%
Vanguard Group
2
Vanguard Group
Pennsylvania
$444M +$15.9M +184,995 +4%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$393M -$5.03M -58,450 -1%
State Street
4
State Street
Massachusetts
$353M -$12.4M -144,555 -3%
Wells Fargo
5
Wells Fargo
California
$293M +$9.63M +111,872 +3%
JHIU
6
Janus Henderson Investors US
Colorado
$196M +$54M +627,535 +37%
Capital Research Global Investors
7
Capital Research Global Investors
California
$193M
SAM
8
Southernsun Asset Management
Tennessee
$182M -$12.6M -146,715 -6%
KP
9
Kiltearn Partners
United Kingdom
$146M +$117M +1,359,430 +356%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$139M -$70.7M -821,754 -33%
WRF
11
Waddell & Reed Financial
Kansas
$117M -$1.42M -16,496 -1%
Kayne Anderson Rudnick Investment Management
12
Kayne Anderson Rudnick Investment Management
California
$83.1M +$2.11M +24,560 +3%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$75.3M +$2.33M +27,099 +3%
ACH
14
ArrowMark Colorado Holdings
Colorado
$67.8M +$8.85M +102,827 +15%
CFC
15
Cincinnati Financial Corp
Ohio
$65.4M +$65M +755,000 +3,020%
DAC
16
Dividend Assets Capital
South Carolina
$61.8M -$6.94M -80,675 -10%
CIM
17
Confluence Investment Management
Missouri
$61.2M +$51.3M +596,497 +445%
ATO
18
Alecta Tjanstepension Omsesidigt
Sweden
$46.1M
RRAM
19
River Road Asset Management
Kentucky
$45.5M -$253K -2,944 -0.5%
Northern Trust
20
Northern Trust
Illinois
$45.4M -$1.49M -17,263 -3%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$42.9M +$3.49M +40,544 +9%
Norges Bank
22
Norges Bank
Norway
$42.2M -$4.76M -55,281 -10%
Invesco
23
Invesco
Georgia
$41.8M -$732K -8,507 -2%
Bank of America
24
Bank of America
North Carolina
$39.5M +$4.87M +56,531 +14%
Goldman Sachs
25
Goldman Sachs
New York
$35.8M +$6.71M +77,911 +22%

PII Hedge Fund Activity: Q1 2017 in Review

440 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q1 2017, worth a combined $4.94B — up 7.5% from $4.6B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new PII positions and 54 closed out — a net gain of 7 holders — while 155 added to existing stakes and 150 trimmed.

The largest buyer was BlackRock, adding an estimated $449M. The largest seller was Fidelity Investments, cutting an estimated $70.7M.

  • 440 institutional investors held Polaris (PII) as of Q1 2017, down from 443 in Q4 2016.
  • Funds reported $4.94B of Polaris stock for Q1 2017, up 7.5% quarter-over-quarter.
  • 61 funds opened new Polaris positions in Q1 2017 and 54 closed out, a net change of +7 holders.
  • The largest Polaris buyer in Q1 2017 was BlackRock, an estimated $449M added.
  • The largest Polaris seller in Q1 2017 was Fidelity Investments, an estimated $70.7M sold.

Based on aggregated 13F filings for Q1 2017.