Polymer Capital Management (HK) LTD 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Polymer Capital Management (HK) LTD disclosed 244 US equity positions worth $718.9m in its Q3 2025 13F filing. The largest position was NVDA at 5.3% of the reported book, followed by LLY and GOOG. Against the Q2 2025 filing, it opened 8 new positions, added to 20 and reduced 17 among the top 50 holdings.
What did Polymer Capital Management (HK) LTD own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 5.3% | $38.4m | 205,691 | 8% | added |
| 2 | LLY ELI LILLY & CO | Healthcare | 5.1% | $36.6m | 47,915 | 156% | added |
| 3 | GOOG ALPHABET INC | Communication Services | 3.6% | $25.9m | 106,399 | 473% | added |
| 4 | GLD SPDR GOLD TR | 3.5% | $25.5m | 71,639 | 43% | added | |
| 5 | PDD PDD HOLDINGS INC | Consumer Cyclical | 3.3% | $24.1m | 182,184 | 11% | added |
| 6 | TSLA TESLA INC | Consumer Cyclical | 2.8% | $19.9m | 44,721 | 1725% | added |
| 7 | WDC WESTERN DIGITAL CORP | Technology | 2.7% | $19.5m | 162,562 | -8% | reduced |
| 8 | MAGS LISTED FDS TR | 2.7% | $19.5m | 300,700 | – | new | |
| 9 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 2.7% | $19.1m | 106,953 | 872% | added |
| 10 | SMMT SUMMIT THERAPEUTICS INC | Healthcare | 2.3% | $16.9m | 817,276 | -8% | reduced |
| 11 | TPR TAPESTRY INC | Consumer Cyclical | 2.2% | $15.6m | 137,988 | -22% | reduced |
| 12 | UNH UNITEDHEALTH GROUP INC | Healthcare | 1.9% | $13.4m | 38,936 | – | new |
| 13 | ALNY ALNYLAM PHARMACEUTICALS INC | Healthcare | 1.8% | $13.2m | 28,900 | 0% | held |
| 14 | AAPL APPLE INC | Technology | 1.7% | $12.5m | 49,188 | 1722% | added |
| 15 | ALAB ASTERA LABS INC | Technology | 1.7% | $12.1m | 61,972 | 1494% | added |
| 16 | AVGO BROADCOM INC | Technology | 1.7% | $12.0m | 36,341 | -11% | reduced |
| 17 | VIPS VIPSHOP HLDGS LTD | Consumer Cyclical | 1.6% | $11.5m | 585,100 | 10% | added |
| 18 | FUTU FUTU HLDGS LTD | Financial Services | 1.6% | $11.5m | 66,010 | -42% | reduced |
| 19 | BILI BILIBILI INC | Communication Services | 1.5% | $10.8m | 385,401 | -54% | reduced |
| 20 | SNDK SANDISK CORP | Technology | 1.5% | $10.4m | 93,063 | -35% | reduced |
| 21 | GIL GILDAN ACTIVEWEAR INC | Consumer Cyclical | 1.4% | $9.8m | 169,582 | 17% | added |
| 22 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.3% | $9.7m | 34,632 | -40% | reduced |
| 23 | CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 1.3% | $9.5m | 65,363 | 11% | added |
| 24 | TER TERADYNE INC | Technology | 1.1% | $8.2m | 59,510 | 385% | added |
| 25 | GRAB HOLDINGS LIMITED | 1.1% | $7.9m | 1,307,864 | 47% | added | |
| 26 | BEKE KE HLDGS INC | Real Estate | 1.1% | $7.6m | 400,000 | -40% | reduced |
| 27 | RBLX ROBLOX CORP | Communication Services | 1.1% | $7.6m | 54,794 | -65% | reduced |
| 28 | ON HLDG AG | 1.0% | $7.1m | 168,625 | 171% | added | |
| 29 | SPY SPDR S&P 500 ETF TR | 1.0% | $6.9m | 10,429 | 0% | held | |
| 30 | LITE LUMENTUM HLDGS INC | Technology | 0.9% | $6.8m | 41,622 | 23% | added |
| 31 | INSM INSMED INC | Healthcare | 0.9% | $6.4m | 44,416 | 654% | added |
| 32 | FIX COMFORT SYS USA INC | Industrials | 0.9% | $6.2m | 7,472 | 637% | added |
| 33 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.8% | $6.1m | 37,696 | -81% | reduced |
| 34 | COHR COHERENT CORP | Technology | 0.8% | $6.0m | 55,387 | – | new |
| 35 | GDX VANECK ETF TRUST | 0.8% | $5.9m | 77,447 | – | new | |
| 36 | APP APPLOVIN CORP | Communication Services | 0.8% | $5.9m | 8,164 | – | new |
| 37 | MNSO MINISO GROUP HLDG LTD | Consumer Cyclical | 0.8% | $5.6m | 248,907 | -4% | reduced |
| 38 | RL RALPH LAUREN CORP | Consumer Cyclical | 0.8% | $5.6m | 17,847 | – | new |
| 39 | IREN IREN LIMITED | Financial Services | 0.8% | $5.6m | 118,356 | -60% | reduced |
| 40 | DIA SPDR DOW JONES INDL AVERAGE | 0.8% | $5.5m | 11,850 | 0% | held | |
| 41 | LEGN LEGEND BIOTECH CORP | Healthcare | 0.7% | $5.3m | 162,420 | 0% | held |
| 42 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 0.7% | $5.0m | 94,367 | -14% | reduced |
| 43 | QQQ INVESCO QQQ TR | 0.6% | $4.2m | 6,967 | -22% | reduced | |
| 44 | LHX L3HARRIS TECHNOLOGIES INC | Industrials | 0.6% | $4.1m | 13,388 | – | new |
| 45 | MSFT MICROSOFT CORP | Technology | 0.6% | $4.0m | 7,800 | -43% | reduced |
| 46 | FLEX FLEX LTD | Technology | 0.5% | $3.8m | 66,398 | 573% | added |
| 47 | FN FABRINET | Technology | 0.5% | $3.6m | 9,870 | – | new |
| 48 | CW CURTISS WRIGHT CORP | Industrials | 0.5% | $3.6m | 6,552 | 323% | added |
| 49 | XLF SELECT SECTOR SPDR TR | 0.5% | $3.5m | 65,063 | -26% | reduced | |
| 50 | XLE SELECT SECTOR SPDR TR | 0.5% | $3.5m | 39,086 | 0% | held |
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.