Polaris
430 hedge funds and large institutions have $4.85B invested in Polaris in 2022 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 113 increasing their positions, 175 reducing their positions, and 42 closing their positions.
7% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 42
1% less funds holding
Funds holding: 435 → 430 (-5)
7.02% less ownership
Funds ownership: 92.38% → 85.36% (-7%)
11% less capital invested
Capital invested by funds: $5.45B → $4.85B (-$595M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
35% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 175
46% less call options, than puts
Call options by funds: $49.7M | Put options by funds: $91.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$16M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$11.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$9.05M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$72M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$63.3M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$57M |
| 4 |
EIP
Epoch Investment Partners
New York
|
-$46.2M |
| 5 |
State Street
Boston,
Massachusetts
|
-$40M |
PII Hedge Fund Activity: Q3 2022 in Review
430 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2022, worth a combined $4.85B — down 11% from $5.45B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PII positions and 42 closed out — a net gain of 3 holders — while 113 added to existing stakes and 175 trimmed.
The largest buyer was Alyeska Investment Group, adding an estimated $16M. The largest seller was American Century Companies, cutting an estimated $72M.
- 430 institutional investors held Polaris (PII) as of Q3 2022, down from 435 in Q2 2022.
- Funds reported $4.85B of Polaris stock for Q3 2022, down 11% quarter-over-quarter.
- 45 funds opened new Polaris positions in Q3 2022 and 42 closed out, a net change of +3 holders.
- The largest Polaris buyer in Q3 2022 was Alyeska Investment Group, an estimated $16M added.
- The largest Polaris seller in Q3 2022 was American Century Companies, an estimated $72M sold.
Based on aggregated 13F filings for Q3 2022.