Polymer Capital Management (HK) LTD 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Polymer Capital Management (HK) LTD disclosed 148 US equity positions worth $638.4m in its Q2 2025 13F filing. The largest position was AS at 5.7% of the reported book, followed by NVDA and AMD. Against the Q1 2025 filing, it opened 15 new positions, added to 19 and reduced 14 among the top 50 holdings.
What did Polymer Capital Management (HK) LTD own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | AS AMER SPORTS INC | Consumer Cyclical | 5.7% | $36.2m | 934,324 | 218% | added |
| 2 | NVDA NVIDIA CORPORATION | Technology | 4.7% | $30.1m | 190,318 | 34% | added |
| 3 | AMD ADVANCED MICRO DEVICES INC | Technology | 4.5% | $28.6m | 201,696 | -7% | reduced |
| 4 | META META PLATFORMS INC | Communication Services | 3.3% | $21.1m | 28,654 | -30% | reduced |
| 5 | SMMT SUMMIT THERAPEUTICS INC | Healthcare | 3.0% | $18.9m | 890,029 | 125% | added |
| 6 | BILI BILIBILI INC | Communication Services | 2.8% | $18.1m | 843,057 | 46% | added |
| 7 | PDD PDD HOLDINGS INC | Consumer Cyclical | 2.7% | $17.2m | 164,500 | 10% | added |
| 8 | RBLX ROBLOX CORP | Communication Services | 2.6% | $16.6m | 158,094 | – | new |
| 9 | TPR TAPESTRY INC | Consumer Cyclical | 2.4% | $15.6m | 177,916 | -48% | reduced |
| 10 | GLD SPDR GOLD TR | 2.4% | $15.2m | 49,945 | -16% | reduced | |
| 11 | LLY ELI LILLY & CO | Healthcare | 2.3% | $14.6m | 18,694 | 238% | added |
| 12 | SE SEA LTD | Consumer Cyclical | 2.3% | $14.6m | 91,066 | 43% | added |
| 13 | FUTU FUTU HLDGS LTD | Financial Services | 2.2% | $14.1m | 114,128 | 62% | added |
| 14 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.0% | $13.1m | 57,768 | -24% | reduced |
| 15 | MRVL MARVELL TECHNOLOGY INC | Technology | 2.0% | $12.6m | 163,294 | – | new |
| 16 | QFIN QIFU TECHNOLOGY INC | Financial Services | 1.9% | $12.1m | 279,036 | -46% | reduced |
| 17 | BEKE KE HLDGS INC | Real Estate | 1.8% | $11.8m | 662,700 | -5% | reduced |
| 18 | WDC WESTERN DIGITAL CORP | Technology | 1.8% | $11.3m | 176,785 | 265% | added |
| 19 | AVGO BROADCOM INC | Technology | 1.8% | $11.2m | 40,640 | – | new |
| 20 | HOOD ROBINHOOD MKTS INC | Financial Services | 1.7% | $11.0m | 116,977 | – | new |
| 21 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 1.7% | $10.7m | 13,987 | – | new |
| 22 | INTC INTEL CORP | Technology | 1.5% | $9.8m | 439,598 | -49% | reduced |
| 23 | ALNY ALNYLAM PHARMACEUTICALS INC | Healthcare | 1.5% | $9.4m | 28,869 | 62% | added |
| 24 | VIPS VIPSHOP HLDGS LTD | Consumer Cyclical | 1.2% | $8.0m | 529,613 | -3% | reduced |
| 25 | VST VISTRA CORP | Utilities | 1.2% | $7.9m | 40,879 | – | new |
| 26 | GEV GE VERNOVA INC | Industrials | 1.2% | $7.5m | 14,155 | 123% | added |
| 27 | CLS CELESTICA INC | Technology | 1.2% | $7.3m | 47,050 | 194% | added |
| 28 | GIL GILDAN ACTIVEWEAR INC | Consumer Cyclical | 1.1% | $7.2m | 145,253 | – | new |
| 29 | MSFT MICROSOFT CORP | Technology | 1.1% | $6.8m | 13,686 | – | new |
| 30 | SNDK SANDISK CORP | Technology | 1.0% | $6.5m | 144,064 | -18% | reduced |
| 31 | SPY SPDR S&P 500 ETF TR | 1.0% | $6.4m | 10,429 | 0% | held | |
| 32 | NFLX NETFLIX INC | Communication Services | 1.0% | $6.3m | 4,695 | – | new |
| 33 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 0.9% | $5.9m | 110,183 | -51% | reduced |
| 34 | LEGN LEGEND BIOTECH CORP | Healthcare | 0.9% | $5.8m | 162,055 | 338% | added |
| 35 | CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 0.9% | $5.4m | 58,737 | 84% | added |
| 36 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 0.8% | $5.4m | 158,659 | 33% | added |
| 37 | HWM HOWMET AEROSPACE INC | Industrials | 0.8% | $5.4m | 28,777 | -21% | reduced |
| 38 | DIA SPDR DOW JONES INDL AVERAGE | 0.8% | $5.2m | 11,850 | 0% | held | |
| 39 | CRCL CIRCLE INTERNET GROUP INC | Financial Services | 0.8% | $5.2m | 28,565 | – | new |
| 40 | QQQ INVESCO QQQ TR | 0.8% | $4.9m | 8,967 | 29% | added | |
| 41 | MNSO MINISO GROUP HLDG LTD | Consumer Cyclical | 0.7% | $4.7m | 260,053 | – | new |
| 42 | XLF SELECT SECTOR SPDR TR | 0.7% | $4.6m | 88,028 | -71% | reduced | |
| 43 | GDS GDS HLDGS LTD | Technology | 0.7% | $4.5m | 147,552 | 392% | added |
| 44 | GRAB HOLDINGS LIMITED | 0.7% | $4.5m | 891,774 | – | new | |
| 45 | IREN IREN LIMITED | Financial Services | 0.7% | $4.3m | 298,000 | – | new |
| 46 | TJX TJX COS INC NEW | Consumer Cyclical | 0.7% | $4.3m | 34,890 | -35% | reduced |
| 47 | SOXX ISHARES TR | 0.7% | $4.2m | 17,660 | 64% | added | |
| 48 | LI LI AUTO INC | Consumer Cyclical | 0.6% | $3.8m | 140,894 | 1% | added |
| 49 | YUMC YUM CHINA HLDGS INC | Consumer Cyclical | 0.6% | $3.7m | 82,044 | – | new |
| 50 | LULU LULULEMON ATHLETICA INC | Consumer Cyclical | 0.6% | $3.5m | 14,900 | – | new |
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.