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474 hedge funds and large institutions have $4.58B invested in Polaris in 2023 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 141 increasing their positions, 179 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

1% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 74

1% less funds holding

Funds holding: 479474 (-5)

2.7% less ownership

Funds ownership: 88.28%85.58% (-2.7%)

12% less capital invested

Capital invested by funds: $5.22B → $4.58B (-$641M)

15% less call options, than puts

Call options by funds: $79.5M | Put options by funds: $93.5M

21% less repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 179

Holders
474
Holders Change
-5
Holders Change %
-1.04%
% of All Funds
6.91%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.06%
New
75
Increased
141
Reduced
179
Closed
74
Calls
$79.5M
Puts
$93.5M
Net Calls
-$14M
Net Calls Change
+$35.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$640M +$14.7M +160,918 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$550M +$4.41M +48,179 +0.8%
BlackRock
3
BlackRock
New York
$436M -$2.56M -27,909 -0.6%
State Street
4
State Street
Massachusetts
$303M +$22.9M +250,274 +8%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$229M -$5.34M -58,325 -2%
BGC
6
Beutel, Goodman & Co
Ontario, Canada
$210M -$661K -7,215 -0.3%
Boston Partners
7
Boston Partners
Massachusetts
$109M -$56.7M -618,916 -35%
CIM
8
Confluence Investment Management
Missouri
$102M -$2.28M -24,893 -2%
Morgan Stanley
9
Morgan Stanley
New York
$89M +$39.8M +434,715 +86%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$80.7M +$7.58M +82,779 +11%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$78.3M +$2.36M +25,758 +3%
Alyeska Investment Group
12
Alyeska Investment Group
Illinois
$69.2M -$8.26M -90,178 -11%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$60.8M -$34.3M -374,787 -37%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$58.6M -$21.5M -234,976 -28%
Qube Research & Technologies (QRT)
15
Qube Research & Technologies (QRT)
United Kingdom
$58.2M +$23M +250,613 +69%
Macquarie Group
16
Macquarie Group
Australia
$44.7M +$7.86M +85,790 +22%
Northern Trust
17
Northern Trust
Illinois
$38.4M -$131K -1,433 -0.4%
GKIM
18
GW&K Investment Management
Massachusetts
$37.3M -$1.86M -20,298 -5%
RRAM
19
River Road Asset Management
Kentucky
$36.5M -$202K -2,208 -0.6%
RJA
20
Raymond James & Associates
Florida
$36M -$2.78M -30,396 -7%
Brown Advisory
21
Brown Advisory
Maryland
$35.3M +$534K +5,830 +2%
MPI
22
Mairs & Power Inc
Minnesota
$35.1M -$846K -9,240 -2%
Invesco
23
Invesco
Georgia
$34M +$7.76M +84,717 +31%
Charles Schwab
24
Charles Schwab
California
$34M +$984K +10,745 +3%
Jane Street
25
Jane Street
New York
$33.7M +$27.5M +300,137 +538%

PII Hedge Fund Activity: Q4 2023 in Review

474 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q4 2023, worth a combined $4.58B — down 12% from $5.22B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new PII positions and 74 closed out — a net gain of 1 holder — while 141 added to existing stakes and 179 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $39.8M. The largest seller was VanEck Associates, cutting an estimated $119M.

  • 474 institutional investors held Polaris (PII) as of Q4 2023, down from 479 in Q3 2023.
  • Funds reported $4.58B of Polaris stock for Q4 2023, down 12% quarter-over-quarter.
  • 75 funds opened new Polaris positions in Q4 2023 and 74 closed out, a net change of +1 holder.
  • The largest Polaris buyer in Q4 2023 was Morgan Stanley, an estimated $39.8M added.
  • The largest Polaris seller in Q4 2023 was VanEck Associates, an estimated $119M sold.

Based on aggregated 13F filings for Q4 2023.