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 ($10.4m this quarter). Holder counts are more reliable. Shares outstanding: 56.9m as of 2026-07-21, 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 ≈ $68.40. Options: 12 managers hold calls ($48.5m notional), 16 hold puts ($30.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 430 |
| Q4 2022 | 460 |
| Q1 2023 | 468 |
| Q2 2023 | 464 |
| Q3 2023 | 483 |
| Q4 2023 | 476 |
| Q1 2024 | 462 |
| Q2 2024 | 448 |
| Q3 2024 | 441 |
| Q4 2024 | 434 |
| Q1 2025 | 394 |
| Q2 2025 | 412 |
| Q3 2025 | 427 |
| Q4 2025 | 465 |
| Q1 2026 | 447 |
| Q2 2026 | 478 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 187 | 242 |
| Q4 2024 | 219 | 214 |
| Q1 2025 | 220 | 195 |
| Q2 2025 | 249 | 159 |
| Q3 2025 | 196 | 201 |
| Q4 2025 | 204 | 201 |
| Q1 2026 | 213 | 209 |
| Q2 2026 | 251 | 199 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $111.2m | $54.8m | 0.49 |
| Q4 2025 | $61.3m | $52.8m | 0.86 |
| Q1 2026 | $34.0m | $18.7m | 0.55 |
| Q2 2026 | $48.5m | $30.1m | 0.62 |
Biggest buyers
| Balyasny Asset Management L.P. | New | +1.1m |
| AQR CAPITAL MANAGEMENT LLC | Added | +390.8k |
| COOPER CREEK PARTNERS MANAGEMENT LLC | New | +386.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +367.5k |
| Quantinno Capital Management LP | Added | +328.8k |
| BlackRock, Inc. | Added | +269.8k |
| Allianz Asset Management GmbH | Added | +192.8k |
| Russell Investments Group, Ltd. | Added | +179.8k |
| STATE STREET CORP | Added | +121.0k |
| Alyeska Investment Group, L.P. | New | +110.7k |
Biggest sellers
| Capital World Investors | Reduced | -2.3m |
| GOLDMAN SACHS GROUP INC | Reduced | -914.7k |
| MORGAN STANLEY | Reduced | -715.7k |
| CITADEL ADVISORS LLC | Reduced | -705.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -496.1k |
| Pacer Advisors, Inc. | Reduced | -425.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -409.1k |
| RWWM, INC. | Reduced | -388.8k |
| UBS Group AG | Reduced | -333.5k |
| Freestone Grove Partners LP | Reduced | -327.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $15.1m221.2k shares |
| Walleye Trading LLC | Added | $6.5m95.5k shares |
| CITADEL ADVISORS LLC | Added | $6.4m93.7k shares |
| UBS Group AG | Added | $6.3m92.2k shares |
| JANE STREET GROUP, LLC | Added | $6.1m89.5k shares |
| IMC-Chicago, LLC | Added | $4.8m70.3k shares |
| Select Equity Group, L.P. | Reduced | $1.2m17.2k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $684.4k10.0k shares |
| Squarepoint Ops LLC | New | $403.8k5.9k shares |
| SIMPLEX TRADING, LLC | Added | $383.3k5.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.1m162.9k shares |
| CITADEL ADVISORS LLC | Added | $4.8m70.7k shares |
| JANE STREET GROUP, LLC | Added | $2.5m36.4k shares |
| Crawford Fund Management, LLC | Reduced | $2.4m34.5k shares |
| IMC-Chicago, LLC | Added | $1.8m26.7k shares |
| JPMORGAN CHASE & CO | Unchanged | $1.4m20.0k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $1.4m20.0k shares |
| HRT FINANCIAL LP | New | $1.3m19.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m16.9k shares |
| GROUP ONE TRADING LLC | Added | $766.5k11.2k 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $307.5k | — |
| Q1 2026 | 0 | — | 4 | $3.9m | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 7.3m $501.4m | Added +269.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 2.9m $198.0m | Added +105.8k |
| STATE STREET CORP 0.01% of their portfolio | 2.7m $184.3m | Added +121.0k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 2.6m $175.6m | Added +390.8k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.4m $166.6m | Added +25.4k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 2.0m $138.1m | Added +45.1k |
| Capital World Investors 0.01% of their portfolio | 1.6m $110.1m | Reduced -2.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.4m $98.9m | Added +35.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.3m $91.7m | Reduced -206.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 1.1m $77.8m | Reduced -63.6k |
| Balyasny Asset Management L.P. 0.14% of their portfolio | 1.1m $73.9m | New |
| Auto-Owners Insurance Co 1.60% of their portfolio | 1.0m $70.8m | Unchanged |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.25% of their portfolio | 1.0m $69.8m | Added +367.5k |
| MORGAN STANLEY 0.00% of their portfolio | 1.0m $69.8m | Reduced -715.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.0m $69.3m | Reduced -914.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 866.8k $59.3m | Reduced -23.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 714.0k $48.9m | Added +30.4k |
| UBS Group AG 0.01% of their portfolio | 707.0k $48.4m | Reduced -333.5k |
| Quantinno Capital Management LP 0.06% of their portfolio | 696.1k $47.6m | Added +328.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 655.4k $44.9m | Reduced -17.9k |
| Gotham Asset Management, LLC 0.10% of their portfolio | 650.5k $44.5m | Reduced -55.3k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 646.2k $44.2m | Reduced -22.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 639.7k $43.8m | Reduced -17.4k |
| Invesco Ltd. 0.00% of their portfolio | 629.1k $43.1m | Reduced -19.5k |
| ProShare Advisors LLC 0.05% of their portfolio | 533.0k $36.5m | Added +44.0k |
| Divisar Capital Management LLC 8.34% of their portfolio | 529.1k $36.2m | Added +51.2k |
| RWWM, INC. 2.52% of their portfolio | 499.2k $34.2m | Reduced -388.8k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 414.3k $28.4m | Added +179.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 413.2k $28.3m | Added +12.3k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 388.6k $26.6m | Added +43.0k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 1.10% of their portfolio | 386.4k $26.4m | New |
| Artisan Partners Limited Partnership 0.04% of their portfolio | 376.4k $25.8m | Reduced -208.5k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 296.4k $20.3m | Added +192.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 295.5k $20.2m | Added +84.4k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 2.31% of their portfolio | 284.5k $19.5m | Reduced -65.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 253.9k $17.4m | Reduced -191.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.30% of their portfolio | 247.8k $17.0m | Added +57.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 243.5k $16.7m | Added +107.0k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 229.7k $15.7m | Added +11.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 212.1k $14.5m | Reduced -496.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 200.9k $13.8m | Added +14.8k |
| M&G PLC 0.07% of their portfolio | 192.9k $13.1m | Reduced -9.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 180.0k $12.3m | Reduced -45.8k |
| Nuveen, LLC 0.00% of their portfolio | 175.3k $12.0m | Added +42.1k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.23% of their portfolio | 171.4k $11.7m | Reduced -16.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 169.7k $11.6m | Added +4.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 158.4k $11.4m | Reduced -47.6k |
| Segment Wealth Management, LLC 0.54% of their portfolio | 151.3k $10.4m | Reduced -1.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 149.7k $10.2m | Added +20.5k |
| HANCOCK WHITNEY CORP 0.16% of their portfolio | 143.6k $9.8m | Added +784 |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 141.5k $9.7m | Reduced -705.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 135.8k $9.3m | Added +53.0k |
| Meiji Yasuda Asset Management Co Ltd. 0.41% of their portfolio | 133.2k $9.1m | Reduced -12.2k |
| LPL Financial LLC 0.00% of their portfolio | 132.0k $9.0m | Added +2.4k |
| Creative Planning 0.01% of their portfolio | 127.2k $8.7m | Added +7.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 117.1k $8.0m | Added +13.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 114.4k $7.8m | Added +230 |
| Alyeska Investment Group, L.P. 0.02% of their portfolio | 110.7k $7.6m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 109.6k $7.5m | Added +102.9k |
| Swiss National Bank 0.00% of their portfolio | 108.0k $7.4m | Added +2.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 107.9k $7.4m | Reduced -26.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 106.1k $7.3m | Added +22.4k |
| Cerity Partners LLC 0.01% of their portfolio | 105.4k $7.2m | Added +8.7k |
| NORGES BANK 0.00% of their portfolio | 105.4k $7.2m | Not comparable |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 104.0k $5.7m | Added +1.9k |
| IEQ CAPITAL, LLC 0.03% of their portfolio | 95.6k $6.5m | Added +63.9k |
| CITIGROUP INC 0.00% of their portfolio | 95.0k $6.5m | Added +45.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 91.1k $6.2m | Reduced -140.1k |
| Freestone Grove Partners LP 0.04% of their portfolio | 86.2k $5.9m | Reduced -327.0k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 84.2k $5.3m | Added +14.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 83.0k $5.7m | Reduced -36.1k |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 82.3k $5.6m | Added +56.7k |
| Aquatic Capital Management LLC 0.19% of their portfolio | 81.3k $5.6m | Added +13.8k |
| STRS OHIO 0.02% of their portfolio | 77.8k $5.3m | Added +24.6k |
| Legal & General Group Plc 0.00% of their portfolio | 76.3k $5.2m | Added +9.4k |
| Edgestream Partners, L.P. 0.15% of their portfolio | 76.1k $5.2m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 72.6k $5.0m | Added +11.9k |
| BESSEMER GROUP INC 0.01% of their portfolio | 70.2k $4.8m | Added +90 |
| Man Group plc 0.01% of their portfolio | 69.1k $4.7m | Reduced -208.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 66.9k $4.6m | Added +3.3k |
| Mariner, LLC 0.00% of their portfolio | 64.8k $4.4m | Added +32.6k |
| HRT FINANCIAL LP 0.01% of their portfolio | 64.1k $4.4m | Added +23.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 62.4k $4.3m | Added +54.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 61.9k $4.2m | Reduced -1.2k |
| MAIRS & POWER INC 0.04% of their portfolio | 61.3k $4.2m | Reduced -1.2k |
| Neo Ivy Capital Management 0.96% of their portfolio | 61.2k $4.2m | New |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.22% of their portfolio | 60.5k $4.1m | Added +34.4k |
| IFG Advisory, LLC 0.14% of their portfolio | 60.4k $4.1m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 59.1k $4.0m | Added +9.2k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 57.0k $3.9m | Added +2.4k |
| Retirement Systems of Alabama 0.01% of their portfolio | 55.9k $3.8m | Reduced -9.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 53.3k $3.6m | Added +1.7k |
| Forum Finance Group S.A. 1.05% of their portfolio | 52.9k $2.9m | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 51.7k $3.5m | Added +26.6k |
| NFJ INVESTMENT GROUP, LLC 0.12% of their portfolio | 50.0k $3.4m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 49.2k $3.4m | Added +947 |
| GROUP ONE TRADING LLC 0.09% of their portfolio | 47.2k $3.2m | Reduced -8.5k |
| BARCLAYS PLC 0.00% of their portfolio | 46.9k $3.2m | Reduced -29.1k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 46.3k $3.2m | Added +6.3k |
| STEADFAST CAPITAL MANAGEMENT LP 0.10% of their portfolio | 46.0k $3.1m | Reduced -300 |