Polunin Capital Partners Ltd

Registered adviser

CIK

1629869

Location

LONDON, X0

Portfolio Value

Small $306,675,353

Diversification

Diversified

Filing Date

Global Rank

#5,051 / 8,819 ▼ 911 · as of Jun 2026

Top Industry

Internet Content & Information 24.0%

Period ended 29 days ago

Filed Oct 20, 2026 · 9d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 159031

Roster of Oct 1, 2026

Regulatory AUM

$7,959,632,144

Main clients

Pooled investment vehicles (59% of AUM)

Private funds

3 funds · Other private funds

Focus by fund count, roster of Oct 1, 2026

$3,820,332,887 gross assets

LEI

2138009ZY9F63P4MCK37

Private funds on Schedule D 7.B.(1)

As filed Mar 21, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$2,581,079,119 gross assets in 3 funds Other private funds $2,532,558,662 (2) Hedge funds $48,520,457 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$7,959,632,144	Pooled investment vehicles (59%)
Apr 2025 to Mar 2026	$5,091,655,997	Pooled investment vehicles (66%)
Apr 2024 to Mar 2025	$4,502,650,769	Pooled investment vehicles (74%)
May 2023 to Mar 2024	$4,155,893,543	Pooled investment vehicles (77%)
Apr 2023	$4,155,893,543	Pooled investment vehicles (77%)
Apr 2022 to Mar 2023	$5,944,460,426	Pooled investment vehicles (80%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 94.4% of the book (60%+)

Turnover

Medium turnover

57.9% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 7.2 quarters (4 to under 12)

Closest benchmark: the Russell 2000 as of 2026-06-30, active share 99.8%; sector active share 53.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

24 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

16.7%

+1.1 pts

Top 5

60.3%

−1.8 pts

Top 10

91.5%

−2.8 pts

HHI

1,008

Diversified−13

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	44.6%	$136,814,036	14
Communication Services	23.6%	$72,517,924	4
Consumer Cyclical	16.8%	$51,652,961	2
Basic Materials	13.4%	$41,182,713	2
Unclassified	1.5%	$4,507,719	2

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
STNE	StoneCo Ltd.	+2,190,119	5,699,028	$66,109
PAGS	PagSeguro Digital Ltd.	+1,216,552	6,134,563	$65,517
BZUN	Baozun Inc.	+95,420	155,642	$476,264
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
YMM	Full Truck Alliance Co. Ltd.	−63,500	3,035,033	$25,099,722
WB	WEIBO Corp	−55,100	2,871,238	$18,548,197
JD	JD.com, Inc.	−43,200	1,923,936	$51,176,697
CSIQ	Canadian Solar Inc.	−34,500	2,085,914	$24,029,729
DQ	Daqo New Energy Corp.	−29,900	1,685,023	$19,259,812
ATHM	Autohome Inc.	−19,600	1,214,549	$25,809,166
ACMR	ACM Research, Inc.	−17,100	731,398	$51,783
BIDU	Baidu, Inc.	−5,800	277,640	$24,118,586
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
EPAM	EPAM Systems, Inc.	417,874	$45,280,826
BTG	B2gold Corp	7,207,801	$37,624,721
GLOB	Globant S.A.	227,446	$7,892,376
YB	Yuanbao Inc.	18,047	$224,504
DXC	DXC Technology Co	688,329	$8,515
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

24 tracked positions · $306,675,353 total · filing declares 24 positions · $496,779 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
JD	JD.com, Inc. Consumer Cyclical	Reduced	1,923,936	-43,200	$51,176,697	+2.1%	16.69%
EPAM	EPAM Systems, Inc. Technology	NEW	417,874	NEW	$45,280,826	NEW	14.77%
BTG	B2gold Corp Basic Materials	NEW	7,207,801	NEW	$37,624,721	NEW	12.27%
ATHM	Autohome Inc. Communication Services	Reduced	1,214,549	-19,600	$25,809,166	+9.9%	8.42%
YMM	Full Truck Alliance Co. Ltd. Technology	Reduced	3,035,033	-63,500	$25,099,722	−0.2%	8.18%
BIDU	Baidu, Inc. Communication Services	Reduced	277,640	-5,800	$24,118,586	−25.5%	7.86%
CSIQ	Canadian Solar Inc. Technology	Reduced	2,085,914	-34,500	$24,029,729	−29.3%	7.84%
DQ	Daqo New Energy Corp. Technology	Reduced	1,685,023	-29,900	$19,259,812	−16.1%	6.28%
WB	WEIBO Corp Communication Services	Reduced	2,871,238	-55,100	$18,548,197	−12.7%	6.05%
HIMX	Himax Technologies, Inc. Technology	Held	696,950	0	$9,806,086	−8.3%	3.20%
GLOB	Globant S.A. Technology	NEW	227,446	NEW	$7,892,376	NEW	2.57%
TUYA	Tuya Inc. Technology	Held	2,958,145	0	$5,028,846	−3.4%	1.64%
MOMO	Hello Group Inc. Communication Services	Held	835,119	0	$4,041,975	−16.6%	1.32%
PPLT	abrdn Platinum ETF Trust	Held	243,370	0	$3,750,331	+9.1%	1.22%
GAU	Galiano Gold Inc. Basic Materials	Held	1,834,017	0	$3,557,992	+3.7%	1.16%
ASHR	DBX ETF Trust	Held	23,183	0	$757,388	−10.9%	0.25%
BZUN	Baozun Inc. Consumer Cyclical	Added	155,642	+95,420	$476,264	+179.5%	0.16%
YB	Yuanbao Inc. Technology	NEW	18,047	NEW	$224,504	NEW	0.07%
STNE	StoneCo Ltd. Technology	Added	5,699,028	+2,190,119	$66,109	−99.8%	0.02%
PAGS	PagSeguro Digital Ltd. Technology	Added	6,134,563	+1,216,552	$65,517	−99.9%	0.02%
ACMR	ACM Research, Inc. Technology	Reduced	731,398	-17,100	$51,783	−32.8%	0.02%
DXC	DXC Technology Co Technology	NEW	688,329	NEW	$8,515	NEW	0.00%
MX	MAGNACHIP SEMICONDUCTOR Corp Technology	Held	59,811	0	$189	−21.2%	0.00%
CAN	Canaan Inc. Technology	Held	74,382	0	$22	−99.9%	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.