Polaris Capital Management, LLC — 13F Holdings & Portfolio
CIK 1316926 · latest 13F-HR filed 2026-04-27
Polaris Capital Management, LLC manages $1.22B in 13F-reported U.S. long-equity assets across 84 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BPOP (7.12%), JAZZ (6.42%), LIN (5.05%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 2 new positions, exited 7, added to 37, and trimmed 21.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.22B
Long-equity book
84
Distinct positions
2026-03-31
Filed 2026-04-27
+2 / −7 / ↑37 / ↓21
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- MARATHON PETROLEUM CORP$11.4M +42.7%
- LANTHEUS HOLDINGS INC$11.0M +30.7%
- ARROW ELECTRONICS INC$8.6M +26.3%
- UNITED THERAPEUTICS CORP$6.8M +13.5%
- JAZZ PHARMACEUTICALS PLC$5.0M +6.8%
Top Trims
- MKS INC-$11.4M -26.9%
- NOMAD FOODS LTD-$8.9M -30.7%
- CAPITAL ONE FINANCIAL CORP-$7.1M -25.6%
- ELEVANCE HEALTH INC-$4.9M -19.1%
- CVS HEALTH CORP-$4.5M -10.8%
Exited Positions
- SALLY BEAUTY HOLDINGS INC$24.9M
- UNITEDHEALTH GROUP INC$14.8M
- EVERTEC INC$1.9M
- ABERCROMBIE & FITCH CO-CL A$1.8M
- AMERICAN EAGLE OUTFITTERS$1.4M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | POPULAR INC | BPOP | 733174700 | $87.0M | 7.12% | 648,130 | SH |
| 2 | JAZZ PHARMACEUTICALS PLC | JAZZ | G50871105 | $78.5M | 6.42% | 415,366 | SH |
| 3 | LINDE PLC | LIN | G54950103 | $61.8M | 5.05% | 124,583 | SH |
| 4 | UNITED THERAPEUTICS CORP | UTHR | 91307C102 | $57.3M | 4.69% | 96,650 | SH |
| 5 | SMURFIT WESTROCK PLC | SW | G8267P108 | $54.5M | 4.46% | 1,366,550 | SH |
| 6 | LANTHEUS HOLDINGS INC | LNTH | 516544103 | $46.8M | 3.83% | 617,000 | SH |
| 7 | ARROW ELECTRONICS INC | ARW | 042735100 | $41.1M | 3.36% | 286,603 | SH |
| 8 | MARATHON PETROLEUM CORP | MPC | 56585A102 | $38.1M | 3.11% | 155,832 | SH |
| 9 | CVS HEALTH CORP | CVS | 126650100 | $37.2M | 3.04% | 517,700 | SH |
| 10 | EASTMAN CHEMICAL CO | EMN | 277432100 | $36.0M | 2.94% | 471,600 | SH |
| 11 | GILEAD SCIENCES INC | GILD | 375558103 | $35.1M | 2.88% | 252,200 | SH |
| 12 | JPMORGAN CHASE & CO | JPM | 46625H100 | $34.6M | 2.83% | 117,552 | SH |
| 13 | WEBSTER FINANCIAL CORP - CT | WBS | 947890109 | $34.2M | 2.80% | 492,201 | SH |
| 14 | INTERNATIONAL BANCSHARES CORP | IBOC | 459044103 | $31.2M | 2.55% | 463,004 | SH |
| 15 | MKS INC | MKSI | 55306N104 | $31.0M | 2.53% | 134,700 | SH |
| 16 | SLM CORP | SLM | 78442P106 | $30.6M | 2.50% | 1,429,100 | SH |
| 17 | ALLISON TRANSMISSION HOLDING | ALSN | 01973R101 | $30.3M | 2.48% | 258,600 | SH |
| 18 | GENERAL DYNAMICS CORP. | GD | 369550108 | $30.0M | 2.45% | 87,354 | SH |
| 19 | WILLIAMS COS INC | WMB | 969457100 | $29.0M | 2.38% | 398,900 | SH |
| 20 | TYSON FOODS INC-CL A | TSN | 902494103 | $28.9M | 2.37% | 451,348 | SH |
| 21 | CHUBB LTD | CB | H1467J104 | $28.2M | 2.31% | 86,525 | SH |
| 22 | CULLEN/FROST BANKERS INC | CFR | 229899109 | $28.0M | 2.29% | 204,000 | SH |
| 23 | NEXTERA ENERGY INC | NEE | 65339F101 | $27.1M | 2.22% | 291,676 | SH |
| 24 | INGREDION INC | INGR | 457187102 | $25.9M | 2.12% | 229,600 | SH |
| 25 | ABBVIE INC | ABBV | 00287Y109 | $25.4M | 2.08% | 116,677 | SH |
| 26 | M & T BANK CORP | MTB | 55261F104 | $25.3M | 2.07% | 122,594 | SH |
| 27 | GAMING AND LEISURE PROPERTIE | GLPI | 36467J108 | $24.0M | 1.96% | 540,300 | SH |
| 28 | ELEVANCE HEALTH INC | ELV | 036752103 | $21.0M | 1.72% | 71,641 | SH |
| 29 | CAPITAL ONE FINANCIAL CORP | COF | 14040H105 | $20.7M | 1.70% | 113,644 | SH |
| 30 | NOMAD FOODS LTD | NOMD | G6564A105 | $20.2M | 1.65% | 2,102,800 | SH |
| 31 | LKQ CORP | LKQ | 501889208 | $20.1M | 1.64% | 683,000 | SH |
| 32 | NORTHEAST BANK | NBN | 66405S100 | $5.2M | 0.43% | 46,600 | SH |
| 33 | SOUTH PLAINS FINANCIAL INC | SPFI | 83946P107 | $4.8M | 0.39% | 113,400 | SH |
| 34 | HOMETRUST BANCSHARES INC | HTB | 437872104 | $4.5M | 0.37% | 105,000 | SH |
| 35 | OFG BANCORP | OFG | 67103X102 | $4.4M | 0.36% | 108,000 | SH |
| 36 | LAUREATE EDUCATION INC | LAUR | 518613203 | $2.5M | 0.20% | 71,800 | SH |
| 37 | INDEPENDENT BANK CORP/MA | INDB | 453836108 | $2.4M | 0.20% | 32,439 | SH |
| 38 | INGLES MARKETS INC-CLASS A | IMKTA | 457030104 | $2.4M | 0.20% | 26,983 | SH |
| 39 | BANK OF N.T. BUTTERFIELD&SON | NTB | G0772R208 | $2.4M | 0.20% | 45,600 | SH |
| 40 | SOUTH STATE CORP | SSB | 840441109 | $2.4M | 0.20% | 25,761 | SH |
| 41 | V2X INC | VVX | 92242T101 | $2.3M | 0.19% | 34,200 | SH |
| 42 | BLACK HILLS CORP | BKH | 092113109 | $2.3M | 0.19% | 33,700 | SH |
| 43 | BOK FINANCIAL CORPORATION | BOKF | 05561Q201 | $2.3M | 0.19% | 18,164 | SH |
| 44 | CITY HOLDING CO | CHCO | 177835105 | $2.3M | 0.19% | 19,095 | SH |
| 45 | BAR HARBOR BANKSHARES | BHB | 066849100 | $2.3M | 0.19% | 70,000 | SH |
| 46 | PERDOCEO EDUCATION CORP | PRDO | 71363P106 | $2.3M | 0.18% | 60,600 | SH |
| 47 | CVR ENERGY INC | CVI | 12662P108 | $2.3M | 0.18% | 67,000 | SH |
| 48 | ENNIS INC | EBF | 293389102 | $2.3M | 0.18% | 105,100 | SH |
| 49 | BUSINESS FIRST BANCSHARES | BFST | 12326C105 | $2.2M | 0.18% | 82,400 | SH |
| 50 | CABOT CORP | CBT | 127055101 | $2.1M | 0.18% | 28,473 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-27 | $1.22B | 84 | 0001144969-26-000004 |
| 2025-12-31 | 2026-01-29 | $1.21B | 89 | 0001144969-26-000002 |