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475 hedge funds and large institutions have $4.54B invested in Polaris in 2023 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 140 increasing their positions, 180 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: 480475 (-5)

3.52% less ownership

Funds ownership: 88.28%84.76% (-3.5%)

13% less capital invested

Capital invested by funds: $5.22B → $4.54B (-$685M)

15% less call options, than puts

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

22% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 180

Holders
475
Holders Change
-5
Holders Change %
-1.04%
% of All Funds
6.92%
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
140
Reduced
180
Closed
74
Calls
$79.5M
Puts
$93.5M
Net Calls
-$14M
Net Calls Change
+$35.9M

PII Hedge Fund Activity: Q4 2023 in Review

475 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q4 2023, worth a combined $4.54B — down 13% 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 140 added to existing stakes and 180 trimmed.

The largest buyer was Jane Street, adding an estimated $27.5M. The largest seller was VanEck Associates, cutting an estimated $119M.

  • 475 institutional investors held Polaris (PII) as of Q4 2023, down from 480 in Q3 2023.
  • Funds reported $4.54B of Polaris stock for Q4 2023, down 13% 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 Jane Street, an estimated $27.5M added.
  • The largest Polaris seller in Q4 2023 was VanEck Associates, an estimated $119M sold.

Based on aggregated 13F filings for Q4 2023.