Polus Capital Management Ltd
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Nov 2026 | $5,319,396,394 | Pooled investment vehicles (100%) |
| Apr 2026 to Oct 2026 | $5,319,396,394 | Pooled investment vehicles (100%) |
| Apr 2025 to Mar 2026 | $6,045,200,000 | Pooled investment vehicles (100%) |
| Apr 2024 to Mar 2025 | $4,275,090,595 | Pooled investment vehicles (100%) |
| May 2023 to Mar 2024 | $4,310,422,001 | Pooled investment vehicles (99%) |
| Apr 2023 | $4,310,422,001 | Pooled investment vehicles (99%) |
In the firm's words
- Fundamental active:
Polus carries out fundamental credit research as to the quality or strength of the cash flows of the creditor to which the position relates.
- Value:
This often involves acquiring assets deemed undervalued, with the expectation of a longer-term recovery.
- Fixed income / rates:
Polus strategies focus primarily on investing in credit instruments that expose investors either directly or indirectly to the risk of loan defaults from underlying borrowers.
Schedule 13D/13G stakes
Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.
No stake currently held at or above 5%.
A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis. Show 2 exited, below-5% or retired stakes
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2024, never from the firm's own description.
Closest benchmark: the Russell 2000 as of 2024-09-30, active share 100.0%; sector active share 75.6% against the combined 13F book's sector weights.
Over time 8 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 backtestPortfolio Concentration
6 tracked positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024Portfolio Trend
Sector Breakdown
As of Sep 30, 2024| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 99.1% | $416,668,790 |
| Technology | 0.9% | $3,603,794 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DBD | DIEBOLD NIXDORF, Inc | −50,912 | 80,694 | $3,603,794 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterSold Out
Positions the filer fully exited| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| IWM |
iShares Russell 2000 ETF
PUT
|
Reduced | 950,000 | $209,845,500 | 49.93% | |
| SPY |
Spdr S&P 500 ETF Trust
PUT
|
Added | 251,500 | $144,300,640 | 34.34% | |
| EWJ |
iShares MSCI Japan ETF
PUT
|
Held | 575,000 | $41,135,500 | 9.79% | |
| XHB |
State Street(R) SPDR(R) S&P(R) Homebuilders ETF
PUT
|
NEW | 87,500 | $10,899,000 | 2.59% | |
| XRT |
State Street(R) SPDR(R) S&P(R) Retail ETF
PUT
|
NEW | 135,000 | $10,488,150 | 2.50% | |
| DBD |
DIEBOLD NIXDORF, Inc
Technology
|
Reduced | 80,694 | $3,603,794 | 0.86% |
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.