Latest Polaris Capital Management, LLC Stock Portfolio

Polaris Capital Management, LLC Performance:

2024 Q3: 8.29%YTD: 12.24%2023: 13.97%

Performance for 2024 Q3 is 8.29%, and YTD is 12.24%, and 2023 is 13.97%.

About Polaris Capital Management, LLC and 13F Hedge Fund Stock Holdings

Polaris Capital Management, LLC is a hedge fund based in BOSTON, MA. On 27-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $12.4 Billions. In it's latest 13F Holdings report, Polaris Capital Management, LLC reported an equity portfolio of $2 Billions as of 30 Sep, 2024.

The top stock holdings of Polaris Capital Management, LLC are LIN, BPOP, JAZZ. The fund has invested 9.5% of it's portfolio in LINDE PLC and 8.4% of portfolio in POPULAR INC.

The fund managers got completely rid off CAMBRIDGE BANCORP (CATC), HERCULES CAPITAL INC. (HTGC) and DRIL QUIP INC (DRQ) stocks. They significantly reduced their stock positions in KIMBALL ELECTRONICS INC (KE), BARRETT BUSINESS SVCS INC (BBSI) and APPLIED INDUSTRIAL TECH INC (AIT). Polaris Capital Management, LLC opened new stock positions in GAMING AND LEISURE PROPERTIE (GLPI), ESSENTIAL PROPERTIES REALTY (EPRT) and INGLES MARKETS INC-CLASS A (IMKTA). The fund showed a lot of confidence in some stocks as they added substantially to EASTERN BANKSHARES INC (EBC), CFSB BANCORP INC (CFSB) and H&E EQUIPMENT SERVICES INC (HEES).

Polaris Capital Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Polaris Capital Management, LLC made a return of 8.29% in the last quarter. In trailing 12 months, it's portfolio return was 25.56%.

New Buys

Ticker	$ Bought
gaming and leisure propertie	38,633,800
essential properties realty	1,987,530
ingles markets inc-class a	1,961,980
innovex international inc	672,344

New stocks bought by Polaris Capital Management, LLC

Additions

Ticker	% Inc.
eastern bankshares inc	306
cfsb bancorp inc	143
h&e equipment services inc	98.92
cvr energy inc	83.72
northeast bank	76.1
harmony biosciences holdings	57.89
first seacoast bancorp inc	55.46
global medical reit inc	52.03

Additions to existing portfolio by Polaris Capital Management, LLC

Reductions

Ticker	% Reduced
kimball electronics inc	-20.3
barrett business svcs inc	-18.04
applied industrial tech inc	-15.45
cabot corp	-13.69
popular inc	-8.73
linde plc	-8.68
unitedhealth group inc	-8.07
knight-swift transportation	-6.62

Polaris Capital Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
hercules capital inc.	-2,631,200
cambridge bancorp	-7,785,060
dril quip inc	-1,125,300
pacira biosciences inc	-160,216

Polaris Capital Management, LLC got rid off the above stocks

Sector Distribution

Polaris Capital Management, LLC has about 29.7% of it's holdings in Financial Services sector.

Sector	%
Financial Services	29.7
Healthcare	19
Basic Materials	12.6
Consumer Cyclical	8.6
Technology	7.7
Energy	5.7
Consumer Defensive	4
Industrials	3.5
Others	3.3
Utilities	2.1
Real Estate	2.1
Communication Services	1.7

Market Cap. Distribution

Polaris Capital Management, LLC has about 49.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	42.3
LARGE-CAP	31.6
MEGA-CAP	17.9
SMALL-CAP	4.8
UNALLOCATED	3.3

Stocks belong to which Index?

About 51.5% of the stocks held by Polaris Capital Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	48.4
S&P 500	43.1
RUSSELL 2000	8.4

Top 5 Winners (%)		%
DCOM	dime community bancshares inc	41.1 %
TGLS	tecnoglass inc	36.6 %
EXP	eagle materials inc	32.3 %
SSB	south state corp	27.2 %
SBH	sally beauty holdings inc	26.3 %

Top 5 Winners ($)		$
BPOP	popular inc	21.9 M
LIN	linde plc	16.1 M
TGLS	tecnoglass inc	15.5 M
ALSN	allison transmission holding	12.3 M
INGR	ingredion inc	7.0 M

Top 5 Losers (%)		%
JBI	janus international group in	-17.3 %
MKSI	mks instruments inc	-16.6 %
NOV	nov inc	-15.9 %
KE	kimball electronics inc	-15.8 %
FANG	diamondback energy inc	-13.9 %

Top 5 Losers ($)		$
MKSI	mks instruments inc	-7.8 M
NOV	nov inc	-5.6 M
MPC	marathon petroleum corp	-2.2 M
MSFT	microsoft corp.	-1.8 M
ELV	elevance health inc	-1.6 M

Polaris Capital Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Polaris Capital Management, LLC

Polaris Capital Management, LLC has 92 stocks in it's portfolio. About 43.4% of the portfolio is in top 10 stocks. MKSI proved to be the most loss making stock for the portfolio. BPOP was the most profitable stock for Polaris Capital Management, LLC last quarter.

Last Reported on: 13 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABBV	abbvie inc	2.29	235,379	46,482,600	added	0.38

AIT	applied industrial tech inc	0.10	9,300	2,075,110	reduced	-15.45

AL	air lease corp	0.10	44,400	2,010,880	added	2.54

ALSN	allison transmission holding	2.82	596,800	57,334,600	reduced	-3.91

ARW	arrow electronics inc	1.69	258,403	34,323,700	added	3.98

AYI	acuity brands inc	0.07	5,000	1,376,950	unchanged	0.00

BAP	credicorp ltd	0.03	3,800	687,686	unchanged	0.00

BBSI	barrett business svcs inc	0.14	75,400	2,828,250	reduced	-18.04

BHB	bar harbor bankshares	0.07	43,400	1,338,460	unchanged	0.00

BKE	buckle inc/the	0.07	33,500	1,473,000	unchanged	0.00

BOKF	bok financial corporation	0.10	19,464	2,036,320	added	6.57

BPOP	popular inc	8.45	1,711,380	171,600,000	reduced	-8.73

CATC	cambridge bancorp	0.00	0.00	0.00	sold off	-100

CB	chubb ltd	1.88	132,069	38,087,400	added	0.61

CBAN	colony bankcorp inc.	0.10	124,479	1,931,910	added	4.18

CBT	cabot corp	0.12	22,073	2,467,100	reduced	-13.69

CFR	cullen/frost bankers inc	1.75	318,200	35,593,900	added	0.76

CFSB	cfsb bancorp inc	0.01	24,300	167,670	added	143

CG	carlyle group inc/the	1.64	771,300	33,212,200	reduced	-0.73

CHCO	city holding co	0.05	8,095	950,272	unchanged	0.00