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431 hedge funds and large institutions have $4.35B invested in Polaris in 2020 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 131 increasing their positions, 163 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 52

11% more call options, than puts

Call options by funds: $49.3M | Put options by funds: $44.3M

3% more funds holding

Funds holding: 417431 (+14)

3% more capital invested

Capital invested by funds: $4.23B → $4.35B (+$122M)

0.69% more ownership

Funds ownership: 74.6%75.29% (+0.69%)

20% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 163

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
431
Holders Change
+14
Holders Change %
+3.36%
% of All Funds
8.7%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.06%
New
69
Increased
131
Reduced
163
Closed
52
Calls
$49.3M
Puts
$44.3M
Net Calls
+$5.04M
Net Calls Change
+$73.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$548M -$21.1M -213,997 -4%
BlackRock
2
BlackRock
New York
$489M -$6.1M -61,918 -1%
State Street
3
State Street
Massachusetts
$273M -$216M -2,191,718 -43%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$222M +$27M +274,376 +13%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$221M -$12.1M -123,201 -5%
CIM
6
Confluence Investment Management
Missouri
$112M -$6.16M -62,530 -5%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$83.2M -$5.32M -54,048 -6%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$76.9M -$3.12M -31,726 -4%
Charles Schwab
9
Charles Schwab
California
$75.1M +$2.81M +28,529 +4%
Norges Bank
10
Norges Bank
Norway
$72.6M -$2.07M -21,004 -3%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$67M +$5.45M +55,397 +8%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$61.1M -$5.97M -60,681 -9%
Fisher Asset Management
13
Fisher Asset Management
Washington
$57.2M +$19.4M +196,956 +48%
SIM
14
SRS Investment Management
New York
$55.1M +$34.1M +346,393 +145%
Wells Fargo
15
Wells Fargo
California
$55.1M -$12.6M -127,842 -18%
ACH
16
ArrowMark Colorado Holdings
Colorado
$54.2M -$6M -60,962 -10%
Bank of Montreal
17
Bank of Montreal
Ontario, Canada
$53.3M -$3M -30,467 -5%
Northern Trust
18
Northern Trust
Illinois
$47.5M -$973K -9,880 -2%
N
19
Nuveen
North Carolina
$46.9M +$15.1M +153,376 +45%
VanEck Associates
20
VanEck Associates
New York
$46.5M -$23.6M -239,600 -33%
AQR Capital Management
21
AQR Capital Management
Connecticut
$45.8M -$3.21M -32,553 -6%
Capital World Investors
22
Capital World Investors
California
$45.8M -$10.4M -106,000 -18%
Alyeska Investment Group
23
Alyeska Investment Group
Illinois
$44.8M -$3.21M -32,646 -6%
PAMP
24
Polar Asset Management Partners
Ontario, Canada
$39.9M +$41.7M +423,035 New
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$39.3M +$16.8M +170,521 +69%

PII Hedge Fund Activity: Q3 2020 in Review

431 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2020, worth a combined $4.35B — up 2.9% from $4.23B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new PII positions and 52 closed out — a net gain of 17 holders — while 131 added to existing stakes and 163 trimmed.

The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $41.7M. The largest seller was State Street, cutting an estimated $216M.

  • 431 institutional investors held Polaris (PII) as of Q3 2020, up from 417 in Q2 2020.
  • Funds reported $4.35B of Polaris stock for Q3 2020, up 2.9% quarter-over-quarter.
  • 69 funds opened new Polaris positions in Q3 2020 and 52 closed out, a net change of +17 holders.
  • The largest Polaris buyer in Q3 2020 was Polar Asset Management Partners, an estimated $41.7M added.
  • The largest Polaris seller in Q3 2020 was State Street, an estimated $216M sold.

Based on aggregated 13F filings for Q3 2020.