Polymer Capital Management (HK) LTD 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Polymer Capital Management (HK) LTD disclosed 128 US equity positions worth $576.3m in its Q1 2025 13F filing. The largest position was TPR at 4.2% of the reported book, followed by META and QFIN. Against the Q4 2024 filing, it opened 9 new positions, added to 30 and reduced 11 among the top 50 holdings.
What did Polymer Capital Management (HK) LTD own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TPR TAPESTRY INC | Consumer Cyclical | 4.2% | $24.1m | 342,932 | 114% | added |
| 2 | META META PLATFORMS INC | Communication Services | 4.1% | $23.8m | 41,219 | 93% | added |
| 3 | QFIN QIFU TECHNOLOGY INC | Financial Services | 4.0% | $23.3m | 518,104 | 34% | added |
| 4 | AMD ADVANCED MICRO DEVICES INC | Technology | 3.9% | $22.2m | 216,038 | 590% | added |
| 5 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 3.8% | $21.8m | 164,948 | 214% | added |
| 6 | INTC INTEL CORP | Technology | 3.4% | $19.4m | 855,842 | – | new |
| 7 | TAL TAL EDUCATION GROUP | Consumer Defensive | 3.3% | $18.9m | 1,430,298 | 53% | added |
| 8 | PDD PDD HOLDINGS INC | Consumer Cyclical | 3.1% | $17.7m | 149,883 | 6% | added |
| 9 | GLD SPDR GOLD TR | 3.0% | $17.1m | 59,400 | 269% | added | |
| 10 | GDX VANECK ETF TRUST | 2.7% | $15.8m | 343,500 | – | new | |
| 11 | NVDA NVIDIA CORPORATION | Technology | 2.7% | $15.4m | 142,201 | 9% | added |
| 12 | XLF SELECT SECTOR SPDR TR | 2.6% | $15.3m | 306,563 | 222% | added | |
| 13 | BEKE KE HLDGS INC | Real Estate | 2.4% | $14.0m | 696,000 | 23% | added |
| 14 | AAPL APPLE INC | Technology | 2.2% | $12.8m | 57,654 | 182% | added |
| 15 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.2% | $12.7m | 76,448 | -12% | reduced |
| 16 | TLT ISHARES TR | 2.0% | $11.4m | 125,594 | -2% | reduced | |
| 17 | ON HLDG AG | 1.9% | $11.1m | 253,298 | 190% | added | |
| 18 | BILI BILIBILI INC | Communication Services | 1.9% | $11.1m | 579,000 | 18% | added |
| 19 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 1.9% | $10.8m | 226,704 | 173% | added |
| 20 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 1.8% | $10.6m | 833,398 | 94% | added |
| 21 | JD JD.COM INC | Consumer Cyclical | 1.7% | $9.9m | 241,013 | -49% | reduced |
| 22 | VIPS VIPSHOP HLDGS LTD | Consumer Cyclical | 1.5% | $8.5m | 543,580 | 103% | added |
| 23 | SNDK SANDISK CORP | Technology | 1.5% | $8.4m | 176,610 | – | new |
| 24 | SE SEA LTD | Consumer Cyclical | 1.4% | $8.3m | 63,613 | 199% | added |
| 25 | AS AMER SPORTS INC | Consumer Cyclical | 1.4% | $7.9m | 293,985 | -74% | reduced |
| 26 | SMMT SUMMIT THERAPEUTICS INC | Healthcare | 1.3% | $7.6m | 396,175 | 80% | added |
| 27 | FUTU FUTU HLDGS LTD | Financial Services | 1.3% | $7.2m | 70,404 | -54% | reduced |
| 28 | LX LEXINFINTECH HLDGS LTD | Financial Services | 1.2% | $7.1m | 706,527 | – | new |
| 29 | MU MICRON TECHNOLOGY INC | Technology | 1.2% | $6.9m | 78,900 | – | new |
| 30 | TJX TJX COS INC NEW | Consumer Cyclical | 1.1% | $6.5m | 53,496 | – | new |
| 31 | VNET VNET GROUP INC | Technology | 1.1% | $6.2m | 761,775 | 283% | added |
| 32 | HDB HDFC BANK LTD | Financial Services | 1.1% | $6.2m | 92,929 | -22% | reduced |
| 33 | SPY SPDR S&P 500 ETF TR | 1.0% | $5.8m | 10,429 | -35% | reduced | |
| 34 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 1.0% | $5.8m | 36,378 | – | new |
| 35 | DIA SPDR DOW JONES INDL AVERAGE | 0.9% | $5.0m | 11,850 | 149% | added | |
| 36 | ALNY ALNYLAM PHARMACEUTICALS INC | Healthcare | 0.8% | $4.8m | 17,804 | 73% | added |
| 37 | HWM HOWMET AEROSPACE INC | Industrials | 0.8% | $4.7m | 36,583 | – | new |
| 38 | LLY ELI LILLY & CO | Healthcare | 0.8% | $4.6m | 5,528 | 11% | added |
| 39 | VNM VANECK ETF TRUST | 0.8% | $4.4m | 355,000 | 407% | added | |
| 40 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 0.8% | $4.4m | 119,471 | 99% | added |
| 41 | WMT WALMART INC | Consumer Defensive | 0.7% | $4.0m | 45,177 | 2% | added |
| 42 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 0.6% | $3.7m | 58,328 | -48% | reduced |
| 43 | XLE SELECT SECTOR SPDR TR | 0.6% | $3.7m | 39,586 | -14% | reduced | |
| 44 | LI LI AUTO INC | Consumer Cyclical | 0.6% | $3.5m | 139,500 | – | new |
| 45 | SITM SITIME CORP | Technology | 0.6% | $3.4m | 22,032 | -36% | reduced |
| 46 | XLP SELECT SECTOR SPDR TR | 0.6% | $3.4m | 41,100 | 35% | added | |
| 47 | QQQ INVESCO QQQ TR | 0.6% | $3.3m | 6,967 | 19% | added | |
| 48 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 0.5% | $3.1m | 13,500 | 35% | added |
| 49 | RCL ROYAL CARIBBEAN GROUP | Consumer Cyclical | 0.5% | $3.1m | 14,950 | 66% | added |
| 50 | BZ KANZHUN LIMITED | Communication Services | 0.5% | $3.0m | 157,688 | -36% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.