SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Polaris Capital Management, LLC

CIK 0001316926 · 121 HIGH STREET, BOSTON, MA, 02110-2475 · 617-951-1365

Reported Value
$2.7B
Q4 2020
Positions
100
Filings on Record
32
2019–present window
Filed
Feb 11, 2021
original filing

Summary

Polaris Capital Management, LLC reported $2.7B in U.S.-listed holdings across 100 positions for Q4 2020.

Its largest position, BPOP, represents 8.4% of the portfolio.

Compared with Q3 2020, the fund opened 6 new positions and exited 6.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+45.1%
share of reported value
Largest Position
+8.4%
Popular
New / Exited
6 / 6
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.2BQ4 ’18Q1 ’19: $2.4BQ2 ’19: $2.4BQ3 ’19: $2.2BQ4 ’19: $2.4BQ4 ’19Q1 ’20: $1.7BQ2 ’20: $2.0BQ3 ’20: $2.0BQ4 ’20: $2.7BQ4 ’20Q1 ’21: $3.0BQ2 ’21: $3.1BQ3 ’21: $3.1BQ4 ’21: $3.1BQ4 ’21Q1 ’22: $3.1BQ2 ’22: $5.7BQ3 ’22: $2.5BQ4 ’22: $2.9BQ4 ’22Q1 ’23: $2.7BQ2 ’23: $2.7BQ3 ’23: $1.9BQ4 ’23: $2.1BQ4 ’23Q1 ’24: $2.0BQ2 ’24: $1.9BQ3 ’24: $2.0BQ4 ’24: $2.1BQ4 ’24Q1 ’25: $1.7BQ2 ’25: $1.5BQ3 ’25: $1.5BQ4 ’25: $1.2BQ4 ’25Q1 ’26: $1.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 65.5%Other: 25.5%ADR: 8.9%REIT: 0.0%
  • Common Stock · 65.5% · $1.7B
  • Other · 25.5% · $679M
  • ADR · 8.9% · $237M
  • REIT · 0.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BERYEURBERRY GLOBAL GROUP INCNEW+829.7K829.7K+$47M$47M
CVSCVS HEALTH CORPNEW+662.6K662.6K+$45M$45M
WMBWILLIAMS COS INCNEW+2.08M2.08M+$42M$42M
DCOMDIME COMMUNITY BANCSHARES INCNEW+986.3K986.3K+$16M$16M
EBCEASTERN BANKSHARES INCNEW+200.0K200.0K+$3M$3M
BGSFBGSF INCNEW+116.1K116.1K+$2M$2M
CNKCINEMARK HOLDINGS INCADDED+3.28M3.31M+$57M$58M
ABBVABBVIE INCADDED+359.7K450.3K+$40M$48M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BPOPPOPULAR INChistory →CommonStock8.41%$224M3.98M
2COCA-COLA EUROPEAN PARTNERSCommonStock6.64%$177M3.55M
3LINDE PLC (US SHARES)CommonStock6.11%$163M617.0K
4AMCOR PLCCommonStock5.93%$158M13.41M
5INFYINFOSYS LTD - SP ADRhistory →ADR5.56%$148M8.73M
6CIBEURBANCOLOMBIA S.A.-SPONS ADRhistory →ADR3.35%$89M2.22M
7WBSWEBSTER FINANCIAL CORP - CThistory →CommonStock2.44%$65M1.54M
8JPMJPMORGAN CHASE & COhistory →CommonStock2.29%$61M478.8K
9ARWARROW ELECTRONICS INChistory →CommonStock2.21%$59M603.3K
10CNKCINEMARK HOLDINGS INChistory →CommonStock2.17%$58M3.31M
11CROXCROCS INChistory →CommonStock2.11%$56M895.5K
12CAPITAL ONE FINANCIAL CORPCommonStock2.02%$54M543.5K
13ALXNALEXION PHARMACEUTICALS INChistory →CommonStock2.01%$54M342.9K
14IBOCINTERNATIONAL BANCSHARES CORPhistory →CommonStock1.98%$53M1.41M
15TPRTAPESTRY INChistory →CommonStock1.92%$51M1.64M
16CHUBB LTDCommonStock1.91%$51M330.7K
17MSFTMICROSOFT CORP.history →CommonStock1.89%$50M226.1K
18SAICSCIENCE APPLICATIONS INTEhistory →CommonStock1.83%$49M513.6K
19AEBAALLETEhistory →CommonStock1.83%$49M784.6K
20TSNTYSON FOODS INC-CL Ahistory →CommonStock1.82%$49M753.2K
21ELVANTHEM INChistory →CommonStock1.82%$49M151.1K
22ABBVABBVIE INChistory →CommonStock1.81%$48M450.3K
23ABCBAMERIS BANCORPhistory →CommonStock1.79%$47M1.25M
24BERYEURBERRY GLOBAL GROUP INChistory →CommonStock1.75%$47M829.7K
25CRICARTER'S INChistory →CommonStock1.74%$46M493.0K
26LABORATORY CRP OF AMER HLDGSCommonStock1.73%$46M225.7K
27UNHUNITEDHEALTH GROUP INChistory →CommonStock1.72%$46M130.3K
28CVSCVS HEALTH CORPhistory →CommonStock1.70%$45M662.6K
29INTCINTEL CORPhistory →CommonStock1.63%$44M873.2K
30MPCMARATHON PETROLEUM CORPhistory →CommonStock1.63%$43M1.05M
31NEENEXTERA ENERGY INChistory →CommonStock1.61%$43M555.8K
32DGXQUEST DIAGNOSTICShistory →CommonStock1.59%$42M356.0K
33INGRINGREDION INChistory →CommonStock1.58%$42M532.8K
34WMBWILLIAMS COS INChistory →CommonStock1.57%$42M2.08M
35GDGENERAL DYNAMICS CORP.history →CommonStock1.52%$40M271.8K
36BENFRANKLIN RESOURCES INChistory →CommonStock1.40%$37M1.49M
37BACVERIZON COMMUNICATIONShistory →CommonStock1.38%$37M623.4K
38MTBM & T BANK CORPhistory →CommonStock1.36%$36M284.8K
39AVTAVNET INChistory →CommonStock1.14%$30M861.0K
40BB3BROOKLINE BANCORP INChistory →CommonStock0.60%$16M1.32M
41DCOMDIME COMMUNITY BANCSHARES INChistory →CommonStock0.58%$16M986.3K
42CAMBRIDGE BANCORPCommonStock0.51%$14M196.2K
43PREMIER FINANCIAL CORPCommonStock0.48%$13M552.3K
44CBANCOLONY BANKCORP INC.CommonStock0.21%$6M387.9K
45OFGOFG BANCORPCommonStock0.15%$4M216.2K
46SPFISOUTH PLAINS FINANCIAL INCCommonStock0.14%$4M196.4K
47EBCEASTERN BANKSHARES INCCommonStock0.12%$3M200.0K
48TECNOGLASS INCCommonStock0.10%$3M393.8K
49HTGCHERCULES CAPITAL INC.CommonStock0.08%$2M150.3K
50IEIINSIGHT ENTERPRISES INCCommonStock0.08%$2M28.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B84Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.2B89Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.5B90Oct 27, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.5B92Jul 21, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.7B91May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.1B96Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.0B92Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.9B95Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.0B92Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.1B93Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.9B92Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.7B92Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.7B95May 3, 2023RESTATEMENTchanges · EDGAR ↗
Q4 2022$2.9B96Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.5B100Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022REVEALED$5.7B204Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.1B109May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.1B104Feb 1, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.1B102Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.1B103Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.0B102May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.7B100Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.0B100Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.0B102Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.7B102May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.4B88Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.2B83Nov 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.4B83Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.4B84May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.2B86Feb 7, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • PEAR TREE ADVISORS INC

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.