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420 hedge funds and large institutions have $5.53B invested in Polaris in 2017 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 174 increasing their positions, 133 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

33% more call options, than puts

Call options by funds: $69.4M | Put options by funds: $52.1M

31% more repeat investments, than reductions

Existing positions increased: 174 | Existing positions reduced: 133

12% more capital invested

Capital invested by funds: $4.94B → $5.53B (+$589M)

1.5% more ownership

Funds ownership: 93.7%95.19% (+1.5%)

5% less funds holding

Funds holding: 440420 (-20)

35% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 48

Holders
420
Holders Change
-20
Holders Change %
-4.55%
% of All Funds
10.47%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.25%
New
31
Increased
174
Reduced
133
Closed
48
Calls
$69.4M
Puts
$52.1M
Net Calls
+$17.3M
Net Calls Change
+$34.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$519M +$27.8M +323,616 +6%
BlackRock
2
BlackRock
New York
$491M -$2.66M -30,988 -0.6%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$485M +$49.1M +572,461 +12%
State Street
4
State Street
Massachusetts
$404M +$13.8M +161,055 +4%
Wells Fargo
5
Wells Fargo
California
$323M +$1.1M +12,865 +0.4%
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$222M +$206M +2,402,472 +27,968%
Capital Research Global Investors
7
Capital Research Global Investors
California
$212M +$183K +2,134 +0.1%
SAM
8
Southernsun Asset Management
Tennessee
$208M +$7.52M +87,649 +4%
KP
9
Kiltearn Partners
United Kingdom
$162M +$1.26M +14,700 +0.8%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$158M +$4.61M +53,744 +3%
WRF
11
Waddell & Reed Financial
Kansas
$130M +$1.11M +12,979 +0.9%
ACH
12
ArrowMark Colorado Holdings
Colorado
$109M +$32.3M +376,714 +47%
CIM
13
Confluence Investment Management
Missouri
$102M +$32.3M +376,083 +51%
Kayne Anderson Rudnick Investment Management
14
Kayne Anderson Rudnick Investment Management
California
$85.5M -$5.54M -64,616 -7%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$79M -$3.57M -41,591 -5%
CFC
16
Cincinnati Financial Corp
Ohio
$71.9M
DAC
17
Dividend Assets Capital
South Carolina
$62.5M -$5.07M -59,169 -8%
Norges Bank
18
Norges Bank
Norway
$54.3M +$7.34M +85,607 +17%
ATO
19
Alecta Tjanstepension Omsesidigt
Sweden
$50.7M
Northern Trust
20
Northern Trust
Illinois
$49.9M -$21.8K -254 -0%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$49.4M +$10.3M +119,645 +29%
RRAM
22
River Road Asset Management
Kentucky
$48.6M -$1.31M -15,287 -3%
Invesco
23
Invesco
Georgia
$47.5M +$1.36M +15,825 +3%
Bank of America
24
Bank of America
North Carolina
$45.3M +$1.78M +20,759 +4%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$41.5M -$5.35M -62,391 -12%

PII Hedge Fund Activity: Q2 2017 in Review

420 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q2 2017, worth a combined $5.53B — up 12% from $4.94B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of PII and 31 opened new positions — a net loss of 17 holders — while 133 trimmed existing stakes and 174 added.

The largest buyer was Janus Henderson Group, adding an estimated $206M. The largest seller was Capital World Investors, exiting entirely with an estimated $29.3M sold.

  • 420 institutional investors held Polaris (PII) as of Q2 2017, down from 440 in Q1 2017.
  • Funds reported $5.53B of Polaris stock for Q2 2017, up 12% quarter-over-quarter.
  • 31 funds opened new Polaris positions in Q2 2017 and 48 closed out, a net change of -17 holders.
  • The largest Polaris buyer in Q2 2017 was Janus Henderson Group, an estimated $206M added.
  • The largest Polaris seller in Q2 2017 was Capital World Investors, an estimated $29.3M sold.

Based on aggregated 13F filings for Q2 2017.