Polunin Capital Partners Ltd

CIK

1629869

Location

LONDON, X0

Portfolio Value

Small $414,945,826

Diversification

Diversified

Filing Date

Global Rank

#719 / 2,968 ▲ 2309

Top Industry

Semiconductor Equipment & Materials 28.7%

3Y Alpha vs SPY

-6.0%

Period ended 29 days ago

Filed Jul 15, 2026 · 14d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+43.6%

SPY

+67.9%

Annualised alpha

-6.0%

Max drawdown

−29.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

18 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

22.9%

−5.3 pts

Top 5

63.0%

−8.5 pts

Top 10

93.2%

−6.5 pts

HHI

1,133

Diversified−333

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	66.5%	$275,815,229	10
Communication Services	19.8%	$81,969,115	4
Consumer Cyclical	12.1%	$50,293,053	2
Unclassified	0.8%	$3,438,818	1
Basic Materials	0.8%	$3,429,611	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
STNE	StoneCo Ltd.	+154,146	3,508,909	$38,036,573
CSIQ	Canadian Solar Inc.	+118,545	2,120,414	$33,969,032
ATHM	Autohome Inc.	+91,183	1,234,149	$23,485,855
MX	MAGNACHIP SEMICONDUCTOR Corp	+2,800	59,811	$282,906
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
CAN	Canaan Inc.	−1,120,174	74,382	$21,355
PAGS	PagSeguro Digital Ltd.	−86,800	4,918,011	$44,507,999
YMM	Full Truck Alliance Co. Ltd.	−54,300	3,098,533	$25,160,087
DQ	Daqo New Energy Corp.	−27,741	1,714,923	$22,962,818
ACMR	ACM Research, Inc.	−14,820	748,498	$94,976,911
GAU	Galiano Gold Inc.	−13,100	1,834,017	$3,429,611
BIDU	Baidu, Inc.	−5,000	283,440	$32,394,357
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
JD	JD.com, Inc.	1,967,136	$50,122,625
WB	WEIBO Corp	2,926,338	$21,245,213
HIMX	Himax Technologies, Inc.	696,950	$10,691,213
TUYA	Tuya Inc.	2,958,145	$5,206,335
MOMO	Hello Group Inc.	835,119	$4,843,690
PPLT	abrdn Platinum ETF Trust	243,370	$3,438,818
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
BABA	Alibaba Group Holding Ltd	862,604	$108,222,297
DOYU	DouYu International Holdings Ltd	12,198	$61,233
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

18 tracked positions · $414,945,826 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ACMR	ACM Research, Inc. Technology	Reduced	748,498	-14,820	$94,976,911	+216.2%	22.89%
JD	JD.com, Inc. Consumer Cyclical	NEW	1,967,136	NEW	$50,122,625	NEW	12.08%
PAGS	PagSeguro Digital Ltd. Technology	Reduced	4,918,011	-86,800	$44,507,999	−11.2%	10.73%
STNE	StoneCo Ltd. Technology	Added	3,508,909	+154,146	$38,036,573	−19.7%	9.17%
CSIQ	Canadian Solar Inc. Technology	Added	2,120,414	+118,545	$33,969,032	+22.5%	8.19%
BIDU	Baidu, Inc. Communication Services	Reduced	283,440	-5,000	$32,394,357	+0.8%	7.81%
YMM	Full Truck Alliance Co. Ltd. Technology	Reduced	3,098,533	-54,300	$25,160,087	−3.9%	6.06%
ATHM	Autohome Inc. Communication Services	Added	1,234,149	+91,183	$23,485,855	+18.3%	5.66%
DQ	Daqo New Energy Corp. Technology	Reduced	1,714,923	-27,741	$22,962,818	−38.0%	5.53%
WB	WEIBO Corp Communication Services	NEW	2,926,338	NEW	$21,245,213	NEW	5.12%
HIMX	Himax Technologies, Inc. Technology	NEW	696,950	NEW	$10,691,213	NEW	2.58%
TUYA	Tuya Inc. Technology	NEW	2,958,145	NEW	$5,206,335	NEW	1.25%
MOMO	Hello Group Inc. Communication Services	NEW	835,119	NEW	$4,843,690	NEW	1.17%
PPLT	abrdn Platinum ETF Trust	NEW	243,370	NEW	$3,438,818	NEW	0.83%
GAU	Galiano Gold Inc. Basic Materials	Reduced	1,834,017	-13,100	$3,429,611	−26.0%	0.83%
MX	MAGNACHIP SEMICONDUCTOR Corp Technology	Added	59,811	+2,800	$282,906	+77.2%	0.07%
BZUN	Baozun Inc. Consumer Cyclical	Held	60,222	0	$170,428	+18.4%	0.04%
CAN	Canaan Inc. Technology	Reduced	74,382	-1,120,174	$21,355	−95.9%	0.01%

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.