Capital World Investors Amends Polaris Stake, Holds 6.76M Shares

TL;DR

**Capital World Investors updated their Polaris stake, now owning 6.76 million shares.**

AI Summary

Capital World Investors, a major institutional investor, filed an amended SC 13G/A on February 9, 2024, disclosing their ownership in Polaris Inc. As of December 29, 2023, they beneficially owned 6,764,174 shares of Polaris common stock, representing a significant stake. This filing indicates a change in their holdings, which is important for investors as large institutional movements can influence stock perception and liquidity.

Why It Matters

Large institutional ownership can provide stability to a stock, but changes in these holdings can signal shifts in investor confidence or strategy, impacting share price.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently present a high risk.

Analyst Insight

Investors should note the continued significant institutional ownership by Capital World Investors, which can be a sign of long-term confidence in Polaris Inc. However, any future amendments showing a substantial decrease in their holdings could warrant further investigation.

Key Numbers

• 6,764,174 — Shares Beneficially Owned (Total shares of Polaris Inc. common stock held by Capital World Investors as of December 29, 2023.)
• 6,757,911 — Sole Voting Power Shares (Shares over which Capital World Investors has sole voting power.)
• 731068102 — CUSIP Number (Unique identifier for Polaris Inc. Common Stock.)

Key Players & Entities

• Capital World Investors (company) — the reporting person and institutional investor
• Polaris Inc. (company) — the subject company whose securities are being reported
• 6,764,174 (dollar_amount) — shares beneficially owned by Capital World Investors
• December 29, 2023 (date) — the date of the event requiring the filing
• Delaware (company) — place of organization for Capital World Investors

Forward-Looking Statements

• Capital World Investors will maintain a significant stake in Polaris Inc. for the foreseeable future. (Capital World Investors) — medium confidence, target: 2025-02-09

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 16KB
• 0001422848-24-000288.txt ( ) — 18KB

From the Filing

SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2 ) * Polaris Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 731068102 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 731068102 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 6,757,911 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 6,764,174 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,764,174 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.0% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Polaris Inc. (b) Address of Issuer's Principal Executive Offices 2100 Highway 55, Medina, MN 55340 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 731068102 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 6,764,174 ** (b) Percent of Class: 12.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 6,757,911 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 6,764,174 (iv) shared power to dispose or to direct the disposition of 0 **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 6,764,174 shares or 12.0% of the 56,472,703 shares believed to be outstanding. Item 5. Ownership of Five Percent or Less of Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial ow