Polaris
463 hedge funds and large institutions have $6.3B invested in Polaris in 2018 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 162 increasing their positions, 162 reducing their positions, and 84 closing their positions.
44% more call options, than puts
Call options by funds: $60.9M | Put options by funds: $42.3M
1.2% more ownership
Funds ownership: 86.05% → 87.25% (+1.2%)
0% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 162
6% less capital invested
Capital invested by funds: $6.67B → $6.3B (-$370M)
6% less funds holding
Funds holding: 495 → 463 (-32)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
33% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$127M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$61.9M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$42.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$34.8M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.2M |
| 2 |
State Street
Boston,
Massachusetts
|
-$39.1M |
| 3 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
-$31.8M |
| 4 |
Millennium Management
New York
|
-$31.4M |
| 5 |
CCI
Columbus Circle Investors
|
-$28.2M |
PII Hedge Fund Activity: Q1 2018 in Review
463 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q1 2018, worth a combined $6.3B — down 5.5% from $6.67B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of PII and 56 opened new positions — a net loss of 28 holders — while 162 trimmed existing stakes and 162 added.
The largest buyer was Wellington Management Group, adding an estimated $127M. The largest seller was Fidelity Investments, cutting an estimated $48.2M.
- 463 institutional investors held Polaris (PII) as of Q1 2018, down from 495 in Q4 2017.
- Funds reported $6.3B of Polaris stock for Q1 2018, down 5.5% quarter-over-quarter.
- 56 funds opened new Polaris positions in Q1 2018 and 84 closed out, a net change of -28 holders.
- The largest Polaris buyer in Q1 2018 was Wellington Management Group, an estimated $127M added.
- The largest Polaris seller in Q1 2018 was Fidelity Investments, an estimated $48.2M sold.
Based on aggregated 13F filings for Q1 2018.