Polaris
480 hedge funds and large institutions have $5.22B invested in Polaris in 2023 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 154 increasing their positions, 164 reducing their positions, and 46 closing their positions.
52% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 46
4% more funds holding
Funds holding: 460 → 480 (+20)
0.76% more ownership
Funds ownership: 87.53% → 88.28% (+0.76%)
6% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 164
13% less capital invested
Capital invested by funds: $6.02B → $5.22B (-$800M)
40% less call options, than puts
Call options by funds: $75.3M | Put options by funds: $125M
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$49.2M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$47M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$31.7M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$30.4M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$116M |
| 2 |
VanEck Associates
New York
|
-$101M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$34.6M |
| 4 |
Morgan Stanley
New York
|
-$15.8M |
| 5 |
Man Group
London,
United Kingdom
|
-$14M |
PII Hedge Fund Activity: Q3 2023 in Review
480 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q3 2023, worth a combined $5.22B — down 13% from $6.02B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new PII positions and 46 closed out — a net gain of 24 holders — while 154 added to existing stakes and 164 trimmed.
The largest buyer was Capital World Investors, adding an estimated $49.2M. The largest seller was State Street, cutting an estimated $116M.
- 480 institutional investors held Polaris (PII) as of Q3 2023, up from 460 in Q2 2023.
- Funds reported $5.22B of Polaris stock for Q3 2023, down 13% quarter-over-quarter.
- 70 funds opened new Polaris positions in Q3 2023 and 46 closed out, a net change of +24 holders.
- The largest Polaris buyer in Q3 2023 was Capital World Investors, an estimated $49.2M added.
- The largest Polaris seller in Q3 2023 was State Street, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2023.