Polaris
391 hedge funds and large institutions have $2.21B invested in Polaris in 2020 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 147 increasing their positions, 126 reducing their positions, and 127 closing their positions.
18% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $9.8M
17% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 126
2.23% less ownership
Funds ownership: 76.8% → 74.58% (-2.2%)
18% less funds holding
Funds holding: 474 → 391 (-83)
26% less capital inflows, than outflows
Capital inflows: $324M | Capital outflows: $437M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$27.4M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$19M |
| 4 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$17M |
| 5 |
Morgan Stanley
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$64.6M |
| 2 |
Renaissance Technologies
New York
|
-$35.5M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$27.3M |
| 4 |
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$19.9M |
| 5 |
Saratoga Research & Investment Management
Saratoga,
California
|
-$19.8M |
PII Hedge Fund Activity: Q1 2020 in Review
391 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q1 2020, worth a combined $2.21B — down 54% from $4.76B a quarter earlier.
Sellers outnumbered buyers: 127 funds closed out of PII and 48 opened new positions — a net loss of 79 holders — while 126 trimmed existing stakes and 147 added.
The largest buyer was Vanguard Group, adding an estimated $27.8M. The largest seller was State Street, cutting an estimated $64.6M.
- 391 institutional investors held Polaris (PII) as of Q1 2020, down from 474 in Q4 2019.
- Funds reported $2.21B of Polaris stock for Q1 2020, down 54% quarter-over-quarter.
- 48 funds opened new Polaris positions in Q1 2020 and 127 closed out, a net change of -79 holders.
- The largest Polaris buyer in Q1 2020 was Vanguard Group, an estimated $27.8M added.
- The largest Polaris seller in Q1 2020 was State Street, an estimated $64.6M sold.
Based on aggregated 13F filings for Q1 2020.