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410 hedge funds and large institutions have $2.39B invested in Polaris in 2025 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 167 increasing their positions, 96 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more call options, than puts

Call options by funds: $124M | Put options by funds: $57.8M

74% more repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 96

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

38% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 64

11% more capital invested

Capital invested by funds: $2.16B → $2.39B (+$232M)

10.27% more ownership

Funds ownership: 94.24%104.51% (+10%)

5% more funds holding

Funds holding: 391410 (+19)

Holders
410
Holders Change
+19
Holders Change %
+4.86%
% of All Funds
5.4%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.07%
New
88
Increased
167
Reduced
96
Closed
64
Calls
$124M
Puts
$57.8M
Net Calls
+$66.5M
Net Calls Change
+$79.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$279M +$75.8M +2,009,998 +41%
Capital World Investors
2
Capital World Investors
California
$275M +$2.04M +54,249 +0.8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$228M +$11.5M +304,827 +6%
State Street
4
State Street
Massachusetts
$128M +$16.1M +426,482 +16%
RI
5
RWWM Inc
California
$97.6M +$242K +6,428 +0.3%
Morgan Stanley
6
Morgan Stanley
New York
$77.3M +$20M +529,545 +39%
UBS Group
7
UBS Group
Switzerland
$71.4M +$55.2M +1,463,611 +499%
AQR Capital Management
8
AQR Capital Management
Connecticut
$70.7M +$56.1M +1,489,157 +565%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$54.4M -$536K -14,221 -1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$53.3M +$15.2M +404,178 +45%
American Century Companies
11
American Century Companies
Missouri
$47.5M +$3.79M +100,624 +9%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$46.8M +$14.7M +391,209 +51%
ProShare Advisors
13
ProShare Advisors
Maryland
$45.5M +$20.9M +553,964 +98%
AOI
14
Auto-Owners Insurance
Michigan
$42.1M +$38.7M +1,027,161 +13,103%
Invesco
15
Invesco
Georgia
$39M +$2.13M +56,504 +6%
Artisan Partners
16
Artisan Partners
Wisconsin
$37.8M -$939K -24,902 -3%
Two Sigma Advisers
17
Two Sigma Advisers
New York
$33.6M +$16.9M +448,400 +118%
CIM
18
Confluence Investment Management
Missouri
$33.5M -$3.7M -98,127 -11%
GAM
19
Gotham Asset Management
New York
$31.5M +$20.4M +540,184 +230%
Charles Schwab
20
Charles Schwab
California
$30.5M +$6.42M +170,437 +29%
Two Sigma Investments
21
Two Sigma Investments
New York
$30.4M +$10.7M +284,874 +61%
Northern Trust
22
Northern Trust
Illinois
$28.2M +$8.45M +224,157 +48%
EBSAM
23
Eubel Brady & Suttman Asset Management
Ohio
$24.7M +$4.56M +121,072 +25%
DCM
24
Divisar Capital Management
California
$24M +$4.2M +111,466 +23%
Ameriprise
25
Ameriprise
Minnesota
$22.5M +$5.93M +157,329 +40%

PII Hedge Fund Activity: Q2 2025 in Review

410 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Polaris (PII) for Q2 2025, worth a combined $2.39B — up 11% from $2.16B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new PII positions and 64 closed out — a net gain of 24 holders — while 167 added to existing stakes and 96 trimmed.

The largest buyer was BlackRock, adding an estimated $75.8M. The largest seller was Beutel, Goodman & Co, exiting entirely with an estimated $114M sold.

  • 410 institutional investors held Polaris (PII) as of Q2 2025, up from 391 in Q1 2025.
  • Funds reported $2.39B of Polaris stock for Q2 2025, up 11% quarter-over-quarter.
  • 88 funds opened new Polaris positions in Q2 2025 and 64 closed out, a net change of +24 holders.
  • The largest Polaris buyer in Q2 2025 was BlackRock, an estimated $75.8M added.
  • The largest Polaris seller in Q2 2025 was Beutel, Goodman & Co, an estimated $114M sold.

Based on aggregated 13F filings for Q2 2025.