Polaris Capital Management, LLC

Q1 2014 13F-HR Holdings

Location
Boston, MA
Holdings as of
3/31/2014
Date filed
5/7/2014
Form type
13F-HR
Num holdings
54
Total value ($000)
$432,711
Net value change ($000)
+32,413 (8.1%)
New positions
0
Sold out positions
1
Turnover %
1.8%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
TEVA PHARMACEUTICAL - SP ADR 20,586 34.0%
FOREST LABORATORIES INC 4,569 52.1%
BBL 2,025 3.3%
DIME COMMUNITY BANCSHARES INC 1,516 219.1%
QUEST DIAGNOSTICS 1,408 35.1%
MICROSOFT CORP. 1,353 19.9%
FRONTIER COMMUNICATIONS CORP 1,056 22.7%
AMERIS BANCORP 1,045 10.3%
HEWLETT-PACKARD CO 977 15.7%
GENERAL DYNAMICS CORP. 944 18.8%
Top Reduces (Value $000, Stocks/ETFs)
VALASSIS COMMUNICATIONS INC -7,919 -100.0%
INFOSYS LTD - SP ADR -2,310 -3.7%
SAMSUNG ELECTRONICS COMMON-GDR -682 -2.9%
METHANEX CORPORATION (US SHARES) -352 -67.0%
XEROX CORP -316 -4.8%
WESTERN UNION CO. -315 -5.3%
VERIZON COMMUNICATIONS -124 -3.5%
REGAL ENTERTAINMENT GROUP - A -115 -4.0%
PARK STERLING CORP -25 -6.8%
WEBSTER FINANCIAL CORP - CT -22 -0.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type