Polymer Capital Management (HK) LTD

Exempt adviser

CIK

1970465

Location

HONG KONG, K3

Portfolio Value

Mid $1,949,776,516

Diversification

Diversified

Filing Date

Global Rank

#1,629 / 8,825 ▲ 483

Top Industry

Semiconductors 23.2%

Period ended 4 months ago

Filed Aug 13, 2026 · 3mo

11 quarters · since Dec 2023

Regulatory profile

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

Holder type

Exempt adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 308190

Roster of Nov 1, 2026

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$13,235,205,387 gross assets

LEI

254900FWU40QCSRQCO16

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

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$8,797,566,361 gross assets in 1 fund Hedge funds $8,797,566,361 (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 Nov 2026	—	—
Apr 2025 to Mar 2026	—	—
Apr 2024 to Mar 2025	—	—
Jun 2023 to Mar 2024	—	—
May 2023	$0	—
Jun 2020 to Apr 2023	—	—

Portfolio style

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

Style

Diversified active

Top 10 weight 43.9%, 35.3 effective positions, active share 72.4% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

147.6% over the last four quarters (100%+)

Horizon

Medium horizon

Value-weighted holding period 4.7 quarters (4 to under 12)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 72.4%; sector active share 28.9% against the combined 13F book's sector weights.

Over time 11 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

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

Top Position

28.4%

+0.9 pts

Top 5

61.4%

+9.2 pts

Top 10

70.3%

+5.4 pts

HHI

1,371

Diversified+368

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	52.5%	$1,023,992,419	8
Technology	23.1%	$450,800,211	42
Healthcare	8.1%	$158,362,500	20
Consumer Cyclical	5.6%	$108,616,812	22
Industrials	3.4%	$67,224,231	9
Financial Services	3.4%	$66,326,274	15
Communication Services	1.7%	$34,046,211	10
Energy	1.0%	$19,590,825	2
Consumer Defensive	0.7%	$13,247,386	7
Basic Materials	0.4%	$7,133,747	5
Real Estate	0.0%	$435,900	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
FRO	Frontline plc	+206,271	486,276	$16,917,542
NIO	NIO Inc.	+141,200	239,100	$1,209,846
ERAS	Erasca, Inc.	+120,350	478,020	$8,757,326
IONS	Ionis Pharmaceuticals Inc	+116,697	177,897	$14,105,453
SMMT	Summit Therapeutics Inc.	+91,819	224,853	$3,276,108
RLX	RLX Technology Inc.	+85,660	202,502	$384,753
BE	Bloom Energy Corp	+84,621	104,649	$31,677,252
XLF	State Street Corp	+83,486	152,781	$8,190,589
CRVS	Corvus Pharmaceuticals, Inc.	+80,475	263,662	$3,939,110
IBKR	Interactive Brokers Group, Inc.	+66,490	91,876	$7,996,887
AS	Amer Sports, Inc.	+63,373	312,652	$10,580,143
BILI	Bilibili Inc.	+61,777	270,000	$4,598,100
AMAT	Applied Materials Inc	+58,630	61,986	$44,815,878
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	+43,400	53,900	$9,983,897
YUMC	Yum China Holdings, Inc.	+28,350	34,150	$1,395,710
NOK	Nokia Corp	+23,741	380,741	$5,056,240
PDD	PDD Holdings Inc.	+18,843	432,300	$32,975,844
SEI	Solaris Energy Infrastructure, Inc.	+17,225	33,225	$2,673,283
BZ	Kanzhun Ltd	+17,050	55,600	$715,572
LLY	ELI LILLY & Co	+13,172	56,607	$67,896,139
FORM	Formfactor Inc	+13,100	25,000	$3,998,250
NET	Cloudflare, Inc.	+13,098	20,879	$5,121,201
IREN	IREN Ltd	+10,195	262,800	$12,017,844
TTWO	Take Two Interactive Software Inc	+8,486	21,156	$5,288,576
CHA	Chagee Holdings Ltd.	+8,200	45,000	$540,900
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GRAB	Grab Holdings Ltd	−622,599	452,401	$1,705,551
ASX	ASE Technology Holding Co., Ltd.	−308,713	134,502	$6,068,730
JD	JD.com, Inc.	−181,358	63,200	$1,610,336
AXTI	Axt Inc	−101,076	14,491	$1,044,511
NVDA	Nvidia Corp	−99,679	321,441	$64,317,129
GLW	Corning Inc	−54,582	18,172	$4,641,673
GIL	Gildan Activewear Inc.	−44,216	195,139	$10,069,172
SE	Sea Ltd	−40,736	14,095	$1,350,723
EDU	New Oriental Education & Technology Group Inc.	−36,887	70,826	$3,251,621
MRK	Merck & Co., Inc.	−34,470	8,100	$1,040,850
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−30,857	62,849	$30,014,796
VIPS	Vipshop Holdings Ltd	−28,700	903,300	$11,977,758
SNDK	Sandisk Corp	−28,525	33,521	$76,217,703
TPR	Tapestry, Inc.	−27,338	41,764	$6,113,414
ATAT	Atour Lifestyle Holdings Ltd	−26,390	9,000	$286,200
GOOG	Alphabet Inc.	−24,041	20,836	$7,361,983
BABA	Alibaba Group Holding Ltd	−16,483	33,300	$3,196,134
NVO	Novo Nordisk A S	−15,705	7,623	$365,446
LI	Li Auto Inc.	−14,200	20,000	$234,800
SPY	Spdr S&P 500 ETF Trust	−11,849	2,480	$1,851,989
AMZN	Amazon Com Inc	−11,228	36,360	$8,666,042
JOYY	JOYY Inc.	−9,278	9,254	$610,671
AMD	Advanced Micro Devices Inc	−9,201	33,629	$19,535,422
ARM	Arm Holdings PLC	−8,410	7,001	$2,482,344
SITM	SITIME Corp	−5,480	2,000	$1,491,120
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CRDO	Credo Technology Group Holding Ltd	62,687	$17,047,729
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	105,300	$16,663,725
KBWB	Invesco Ltd.	151,492	$14,085,726
DUOL	Duolingo, Inc.	122,300	$14,066,946
LRCX	Lam Research Corp	29,776	$12,902,834
CYTK	Cytokinetics Inc	138,255	$11,777,943
APH	Amphenol Corp	64,676	$11,403,672
TXN	Texas Instruments Inc	31,515	$9,393,676
BIIB	Biogen Inc.	38,665	$8,353,959
NTES	NetEase, Inc.	63,694	$8,161,749
SPCX	Space Exploration Technologies Corp	47,409	$8,100,301
BAC	Bank Of America Corp	126,344	$7,199,081
STX	Seagate Technology Holdings plc	6,266	$6,046,690
AEIS	Advanced Energy Industries Inc	14,119	$5,264,551
COPX	Global X Copper Miners ETF	66,000	$5,080,020
LEGN	Legend Biotech Corp	165,209	$4,771,235
ASML	Asml Holding NV	2,362	$4,699,057
ENTG	Entegris Inc	24,105	$4,335,525
ONTO	Onto Innovation Inc.	11,400	$4,314,330
HOOD	Robinhood Markets, Inc.	42,800	$4,291,984
UBS	UBS Group AG	78,801	$3,905,377
ONON	On Holding AG	92,118	$3,262,819
UMC	United Microelectronics Corp	115,074	$3,131,163
KO	Coca Cola Co	38,132	$3,098,987
DASH	DoorDash, Inc.	16,355	$3,017,988
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
GLD	Spdr Gold Trust	77,037	$33,148,250
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	215,689	$13,213,108
PANW	Palo Alto Networks Inc	72,921	$11,690,694
FUTU	Futu Holdings Ltd	76,838	$10,508,364
COHR	Coherent Corp.	30,291	$7,215,619
GDX	VanEck Gold Miners ETF	70,132	$6,436,013
TSEM	Tower Semiconductor Ltd	32,826	$5,760,306
QQQ	Invesco Qqq Trust, Series 1	9,934	$5,733,706
DIA	Spdr Dow Jones Industrial Average ETF Trust	11,850	$5,488,801
SOXX	iShares Semiconductor ETF	13,959	$4,587,764
IVV	iShares Core S&P 500 ETF	6,400	$4,180,544
META	Meta Platforms, Inc.	6,714	$3,841,280
—		37,500	$3,074,250
GDS	GDS Holdings Ltd	76,211	$3,070,541
AVBP	ArriVent BioPharma, Inc.	122,276	$2,820,907
IWM	iShares Russell 2000 ETF	10,520	$2,608,960
MANE	Veradermics, Inc	41,296	$2,607,842
DHT	DHT Holdings, Inc.	133,963	$2,447,504
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	22,000	$2,397,560
UNH	Unitedhealth Group Inc	8,500	$2,300,015
RVMD	Revolution Medicines, Inc.	23,227	$2,258,825
SN	SharkNinja, Inc.	20,046	$2,122,871
AAPL	Apple Inc.	8,088	$2,052,653
SPOT	Spotify Technology S.A.	3,715	$1,801,440
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	13,400	$1,780,860
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

141 tracked positions · $1,949,776,516 total · filing declares 143 positions · $1,975,143,877 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 141 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SMH	VanEck Semiconductor ETF PUT	Added	844,500	+35,300	$553,899,105	+78.5%	—	—	28.41%
QQQ	Invesco Qqq Trust, Series 1 PUT	Added	589,300	+369,366	$433,960,520	+241.9%	—	—	22.26%
SNDK	Sandisk Corp Technology	Reduced	33,521	-28,525	$76,217,703	+93.3%	6	$49.67	3.91%
LLY	ELI LILLY & Co Healthcare	Added	56,607	+13,172	$67,896,139	+70.0%	8	$823.72	3.48%
NVDA	Nvidia Corp Technology	Reduced	321,441	-109,679	$64,317,129	−14.5%	11	before history	3.30%
AMAT	Applied Materials Inc Technology	Added	61,986	+58,630	$44,815,878	+3807.1%	2	$454.62	2.30%
MU	Micron Technology Inc Technology	Added	29,958	+1,685	$34,580,219	+262.0%	2	$411.86	1.77%
PDD	PDD Holdings Inc. Consumer Cyclical	Added	432,300	+18,843	$32,975,844	−21.9%	11	before history	1.69%
BE	Bloom Energy Corp Industrials	Added	104,649	+84,621	$31,677,252	+1067.4%	2	$235.26	1.62%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	62,849	-30,857	$30,014,796	−5.2%	11	before history	1.54%
ALNY	Alnylam Pharmaceuticals, Inc. Healthcare	Added	64,957	+7,173	$19,554,005	+2.3%	7	$315.73	1.00%
AMD	Advanced Micro Devices Inc Technology	Reduced	33,629	-9,201	$19,535,422	+124.2%	11	before history	1.00%
CRDO	Credo Technology Group Holding Ltd Technology	NEW	62,687	NEW	$17,047,729	NEW	1	$197.59	0.87%
FRO	Frontline plc Energy	Added	486,276	+206,271	$16,917,542	+73.3%	2	$33.17	0.87%
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	NEW	105,300	NEW	$16,663,725	NEW	1	$135.19	0.85%
WDC	Western Digital Corp Technology	Added	24,764	+4,573	$15,817,262	+189.6%	7	unpriced	0.81%
IONS	Ionis Pharmaceuticals Inc Healthcare	Added	177,897	+116,697	$14,105,453	+206.9%	2	$76.52	0.72%
KBWB	Invesco Ltd. Financial Services	NEW	151,492	NEW	$14,085,726	NEW	1	$87.48	0.72%
DUOL	Duolingo, Inc. Technology	NEW	122,300	NEW	$14,066,946	NEW	1	$109.47	0.72%
LRCX	Lam Research Corp Technology	NEW	29,776	NEW	$12,902,834	NEW	1	$303.56	0.66%
IREN	IREN Ltd Financial Services	Added	262,800	+10,195	$12,017,844	+38.8%	5	$43.44	0.62%
VIPS	Vipshop Holdings Ltd Consumer Cyclical	Reduced	903,300	-28,700	$11,977,758	−18.2%	8	$16.51	0.61%
TXN	Texas Instruments Inc CALL + SHARES Technology	NEW	39,715	NEW	$11,837,850	NEW	1	$277.43	0.61%
CYTK	Cytokinetics Inc Healthcare	NEW	138,255	NEW	$11,777,943	NEW	1	$71.80	0.60%
APH	Amphenol Corp Technology	NEW	64,676	NEW	$11,403,672	NEW	1	$144.16	0.58%
AS	Amer Sports, Inc. Consumer Cyclical	Added	312,652	+63,373	$10,580,143	+28.9%	3	$34.46	0.54%
GIL	Gildan Activewear Inc. Consumer Cyclical	Reduced	195,139	-44,216	$10,069,172	−24.4%	5	$58.47	0.52%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Added	53,900	+43,400	$9,983,897	+487.9%	9	unpriced	0.51%
ERAS	Erasca, Inc. Healthcare	Added	478,020	+120,350	$8,757,326	+51.3%	2	$12.44	0.45%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	36,360	-16,228	$8,666,042	−20.9%	3	$220.58	0.44%
MOD	Modine Manufacturing Co Industrials	Reduced	32,442	-4,330	$8,662,662	+8.7%	2	$188.24	0.44%
BIIB	Biogen Inc. Healthcare	NEW	38,665	NEW	$8,353,959	NEW	1	$191.29	0.43%
AVGO	Broadcom Inc. Technology	Added	22,030	+5,319	$8,321,832	+60.9%	5	$288.80	0.43%
XLF	State Street Corp Financial Services	Added	152,781	+83,486	$8,190,589	+139.4%	9	$50.78	0.42%
NTES	NetEase, Inc. Communication Services	NEW	63,694	NEW	$8,161,749	NEW	1	$118.02	0.42%
SPCX	Space Exploration Technologies Corp Industrials	NEW	47,409	NEW	$8,100,301	NEW	1	unpriced	0.42%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	91,876	+66,490	$7,996,887	+369.7%	5	unpriced	0.41%
GOOG	Alphabet Inc. Communication Services	Reduced	20,836	-24,041	$7,361,983	−42.8%	5	$202.36	0.38%
LITE	Lumentum Holdings Inc. Technology	Reduced	8,509	-2,066	$7,301,232	−1.8%	8	$72.33	0.37%
INTC	Intel Corp Technology	Added	51,594	+3,802	$7,204,070	+241.6%	2	$49.91	0.37%
BAC	Bank Of America Corp Financial Services	NEW	126,344	NEW	$7,199,081	NEW	1	$53.18	0.37%
ETN	Eaton Corp plc Industrials	Added	16,358	+7,309	$6,970,470	+115.4%	2	$377.05	0.36%
TPR	Tapestry, Inc. Consumer Cyclical	Reduced	41,764	-27,338	$6,113,414	−37.3%	7	$78.54	0.31%
ASX	ASE Technology Holding Co., Ltd. Technology	Reduced	134,502	-308,713	$6,068,730	−36.8%	2	$21.03	0.31%
STX	Seagate Technology Holdings plc Technology	NEW	6,266	NEW	$6,046,690	NEW	1	$762.82	0.31%
TTWO	Take Two Interactive Software Inc Communication Services	Added	21,156	+8,486	$5,288,576	+111.3%	3	$223.31	0.27%
GOOGL	Alphabet Inc. Communication Services	Added	14,798	+3,169	$5,288,361	+58.1%	7	$236.59	0.27%
AEIS	Advanced Energy Industries Inc Industrials	NEW	14,119	NEW	$5,264,551	NEW	1	$349.69	0.27%
NET	Cloudflare, Inc. Technology	Added	20,879	+13,098	$5,121,201	+219.0%	2	$208.31	0.26%
COPX	Global X Copper Miners ETF	NEW	66,000	NEW	$5,080,020	NEW	1	unpriced	0.26%

Showing the top 50 of 141 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.