POLARIS INC PII
COM · Common Stock · CUSIP 731068102 · ISIN US7310681025
American vehicle manufacturer
- SectorIndustrials
- IndustryMiscellaneous Transportation Equipment
- HeadquartersMedina, MN
- Founded1954
- Websitepolaris.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($14.6m this quarter). Holder counts are more reliable. Shares outstanding: 57.1m as of 2023-02-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $101.00. Options: 14 managers hold calls ($40.9m notional), 16 hold puts ($74.2m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 430 |
| Q4 2022 | 460 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $49.7m | $91.4m | 1.84 |
| Q4 2022 | $40.9m | $74.2m | 1.81 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +619.4k |
| STATE STREET CORP | Added | +407.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +305.2k |
| Qube Research & Technologies Ltd | Added | +244.1k |
| Cubist Systematic Strategies, LLC | Added | +120.0k |
| ProShare Advisors LLC | Added | +117.5k |
| Capital World Investors | Added | +100.8k |
| BlackRock Inc. | Added | +100.5k |
| Invesco Ltd. | Added | +94.1k |
| MORGAN STANLEY | Added | +77.6k |
Biggest sellers
| Boston Partners | Reduced | -628.5k |
| Fisher Asset Management, LLC | Reduced | -388.9k |
| HighTower Advisors, LLC | Reduced | -295.2k |
| ArrowMark Colorado Holdings LLC | Sold out | -279.8k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -116.0k |
| SCOUT INVESTMENTS, INC. | Reduced | -97.7k |
| Alyeska Investment Group, L.P. | Reduced | -92.1k |
| MAIRS & POWER INC | Reduced | -84.9k |
| Bank of New York Mellon Corp | Reduced | -66.2k |
| Distillate Capital Partners LLC | Sold out | -57.5k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $13.6m135.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.3m71.9k shares |
| Walleye Trading LLC | Reduced | $4.9m48.8k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $4.5m45.0k shares |
| JANE STREET GROUP, LLC | Reduced | $4.3m42.9k shares |
| WOLVERINE TRADING, LLC | New | $2.4m23.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0m19.7k shares |
| GROUP ONE TRADING LLC | Reduced | $1.3m13.2k shares |
| TUDOR INVESTMENT CORP ET AL | New | $253.0k2.5k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $191.9k1.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $24.1m238.3k shares |
| Walleye Trading LLC | Reduced | $9.4m93.4k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $8.2m81.2k shares |
| Caption Management, LLC | New | $8.1m80.0k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $7.6m75.0k shares |
| CITADEL ADVISORS LLC | Reduced | $5.0m49.3k shares |
| JANE STREET GROUP, LLC | Added | $4.2m41.8k shares |
| Point72 Asset Management, L.P. | Reduced | $4.0m40.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.3m12.8k shares |
| WOLVERINE TRADING, LLC | New | $1.2m12.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-02 | 11.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: Capital World Investors (2.8%, 2026-08-12), STATE STREET CORP (4.5%, 2026-05-12), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $4.4m | — |
| Q1 2022 | 0 | — | 1 | $3.4m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 2 | $4.4m | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.13% of their portfolio | 6.2m $624.2m | Added +100.8k |
| VANGUARD GROUP INC 0.02% of their portfolio | 5.9m $591.5m | Reduced -28.6k |
| BlackRock Inc. 0.02% of their portfolio | 4.9m $490.0m | Added +100.5k |
| STATE STREET CORP 0.03% of their portfolio | 4.5m $452.1m | Added +407.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.15% of their portfolio | 2.4m $244.7m | Added +12.4k |
| Beutel, Goodman & Co Ltd. 1.30% of their portfolio | 2.1m $214.7m | Reduced -7.3k |
| Boston Partners 0.28% of their portfolio | 2.0m $203.6m | Reduced -628.5k |
| VAN ECK ASSOCIATES CORP 0.44% of their portfolio | 1.7m $170.6m | Reduced -28.7k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 1.69% of their portfolio | 1.1m $113.4m | Added +19.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 927.7k $93.7m | Reduced -66.2k |
| MORGAN STANLEY 0.01% of their portfolio | 854.3k $86.3m | Added +77.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 737.1k $74.5m | Added +21.1k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 661.4k $66.8m | Added +619.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 648.6k $65.5m | Reduced -3.4k |
| GW&K Investment Management, LLC 0.53% of their portfolio | 513.2k $51.8m | Reduced -13.4k |
| NORGES BANK 0.01% of their portfolio | 485.2k $49.0m | Added +54.8k |
| River Road Asset Management, LLC 0.64% of their portfolio | 462.4k $46.7m | Added +10.1k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 454.1k $45.9m | Reduced -19.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 420.5k $42.5m | Reduced -10.8k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 4.73% of their portfolio | 410.7k $41.5m | Reduced -26.1k |
| RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio | 402.7k $40.7m | Added +2.9k |
| MAIRS & POWER INC 0.48% of their portfolio | 392.3k $39.6m | Reduced -84.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 382.9k $38.7m | Added +305.2k |
| ProShare Advisors LLC 0.12% of their portfolio | 348.5k $35.2m | Added +117.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 347.9k $35.1m | Added +4.4k |
| BROWN ADVISORY INC 0.06% of their portfolio | 323.5k $32.7m | Added +52.9k |
| Silver Heights Capital Management Inc 11.87% of their portfolio | 315.5k $31.9m | Reduced -5.2k |
| HM PAYSON & CO 0.78% of their portfolio | 311.8k $31.5m | Added +58.3k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 300.3k $30.3m | Reduced -17.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 298.0k $30.1m | Added +15.3k |
| Alyeska Investment Group, L.P. 0.30% of their portfolio | 288.7k $29.2m | Reduced -92.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 283.3k $28.6m | Reduced -16.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 278.6k $28.1m | Reduced -42.5k |
| Qube Research & Technologies Ltd 0.15% of their portfolio | 252.1k $25.5m | Added +244.1k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.19% of their portfolio | 249.7k $25.2m | Reduced -20.0k |
| UBS Group AG 0.01% of their portfolio | 225.0k $22.7m | Reduced -20.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 215.1k $21.7m | Reduced -3.4k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 0.63% of their portfolio | 209.9k $21.2m | Added +11.2k |
| Invesco Ltd. 0.01% of their portfolio | 202.8k $20.5m | Added +94.1k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 196.6k $19.9m | Reduced -1.7k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.61% of their portfolio | 184.2k $18.6m | Reduced -10.3k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.08% of their portfolio | 169.5k $17.1m | Reduced -4.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 165.6k $16.7m | Added +2.0k |
| Matthew 25 Management Corp 6.67% of their portfolio | 156.5k $15.8m | Reduced -6.0k |
| Cubist Systematic Strategies, LLC 0.13% of their portfolio | 154.5k $15.6m | Added +120.0k |
| Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio | 151.6k $15.3m | Reduced -5.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 150.9k $15.2m | Reduced -3.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 142.0k $14.3m | Reduced -4.1k |
| SCHWARTZ INVESTMENT COUNSEL INC 0.64% of their portfolio | 140.6k $14.2m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 136.7k $13.8m | Added +2.7k |
| Legal & General Group Plc 0.01% of their portfolio | 134.6k $13.6m | Added +1.9k |
| DAVIS R M INC 0.37% of their portfolio | 134.6k $13.6m | Reduced -25.8k |
| TD Asset Management Inc 0.02% of their portfolio | 134.5k $13.6m | Reduced -15.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 130.6k $13.2m | Reduced -3.4k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 127.8k $12.9m | Reduced -9.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 122.4k $12.4m | Reduced -4.5k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 118.1k $12.0m | Reduced -6.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 109.5k $11.1m | Added +2.5k |
| Retirement Systems of Alabama 0.05% of their portfolio | 108.7k $11.0m | Reduced -1.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 103.8k $10.5m | Reduced -7.6k |
| BARCLAYS PLC 0.01% of their portfolio | 102.3k $10.3m | First filing |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 101.3k $10.2m | Added +10.2k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 92.7k $9.4m | Reduced -388.9k |
| SCOUT INVESTMENTS, INC. 0.19% of their portfolio | 92.5k $9.3m | Reduced -97.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 87.0k $8.8m | Added +3.0k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 85.2k $8.5m | Added +16.6k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.06% of their portfolio | 85.1k $8.6m | Reduced -3.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 85.0k $8.6m | Reduced -1.1k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 84.8k $8.6m | Unchanged |
| S&T Bank/PA 1.54% of their portfolio | 82.8k $8.4m | Reduced -860 |
| NOVARE CAPITAL MANAGEMENT LLC 0.93% of their portfolio | 78.4k $7.9m | Added +3.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 73.6k $7.4m | Reduced -1.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 71.7k $7.2m | Added +260 |
| Goelzer Investment Management, Inc. 0.61% of their portfolio | 70.2k $7.1m | Added +366 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 69.5k $7.0m | Reduced -38.3k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 68.3k $6.9m | Added +18.9k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 65.6k $6.6m | Added +5.3k |
| Vident Investment Advisory, LLC 0.25% of their portfolio | 64.6k $6.5m | Added +4.1k |
| ICICI Prudential Asset Management Co Ltd 1.00% of their portfolio | 64.3k $6.5m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 62.5k $6.3m | Added +190 |
| Brandywine Global Investment Management, LLC 0.05% of their portfolio | 61.5k $6.2m | Added +22.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 58.6k $5.9m | Reduced -17 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 57.3k $5.8m | Reduced -22.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 54.0k $5.4m | Reduced -1.7k |
| LPL Financial LLC 0.00% of their portfolio | 51.6k $5.2m | Added +548 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 51.3k $5.2m | Added +29.0k |
| AMALGAMATED BANK 0.05% of their portfolio | 50.1k $5.1m | Added +8.0k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 49.0k $4.9m | Reduced -1.8k |
| Trexquant Investment LP 0.14% of their portfolio | 47.7k $4.8m | New |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 47.3k $4.8m | Added +32 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 47.2k $4.8m | Added +6.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 44.8k $4.5m | Reduced -202 |
| Walleye Trading LLC 0.11% of their portfolio | 44.5k $4.5m | Reduced -17.2k |
| Steward Partners Investment Advisory, LLC 0.08% of their portfolio | 44.3k $4.5m | Added +3.8k |
| Round Hill Asset Management 2.64% of their portfolio | 42.3k $4.3m | Reduced -535 |
| State of Tennessee, Department of Treasury 0.02% of their portfolio | 42.2k $4.3m | Unchanged |
| Skandinaviska Enskilda Banken AB (publ) 0.03% of their portfolio | 41.4k $4.2m | Added +273 |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 41.0k $4.1m | Reduced -709 |
| TUDOR INVESTMENT CORP ET AL 0.10% of their portfolio | 39.9k $4.0m | Added +28.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 39.1k $3.9m | Added +7.5k |