Q1 2026 · 13F-HR
Polymer Capital Management (HK) LTDholdings as filed
Filed 2026-05-14 · accession 0001970465-26-000004
$1.16B
Reported value
154
Positions
2026-03-31
Period end
The Brief · Polymer Capital Management (HK) LTD · Q1 2026
AI · grounded in 13F
Polymer Capital Management (HK) LTD exited its position in AIQ for a loss of $17.19M. The fund closed its position in KBWB for $12.9M and established a new position in PANW valued at $11.69M. Other activity included increasing share counts in QQQ by 2,551.4% and AMZN by 2,250.8%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 92189F676 | SMH | VANECK ETF TRUST | $309.6M | 26.8% | 807,500 | PUT | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $121.2M | 10.5% | 210,000 | PUT | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $73.4M | 6.35% | 421,120 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $42.2M | 3.65% | 413,457 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $40.0M | 3.45% | 43,435 | Common | SOLE |
| 80004C200 | SNDK | SANDISK CORP | $39.4M | 3.41% | 62,046 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $33.1M | 2.86% | 77,037 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $31.7M | 2.74% | 93,706 | Common | SOLE |
| 02043Q107 | ALNY | ALNYLAM PHARMACEUTICALS INC | $19.1M | 1.65% | 57,784 | Common | SOLE |
| 92763W103 | VIPS | VIPSHOP HLDGS LTD | $14.7M | 1.27% | 932,000 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $13.3M | 1.15% | 239,355 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $13.2M | 1.14% | 215,689 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $12.9M | 1.11% | 44,877 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $11.7M | 1.01% | 72,921 | Common | SOLE |
| 36118L106 | FUTU | FUTU HLDGS LTD | $10.5M | 0.91% | 76,838 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $9.9M | 0.86% | 47,588 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $9.9M | 0.85% | 72,754 | Common | SOLE |
| M46528101 | FRO | FRONTLINE PLC | $9.8M | 0.84% | 280,005 | Common | SOLE |
| 876030107 | TPR | TAPESTRY INC | $9.8M | 0.84% | 69,102 | Common | SOLE |
| 00215W100 | ASX | ASE TECHNOLOGY HLDG CO LTD | $9.6M | 0.83% | 443,215 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $9.6M | 0.83% | 28,273 | Common | SOLE |
| 78462F103 | SPY | STATE STR SPDR S&P 500 ETF T | $9.3M | 0.81% | 14,329 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $8.7M | 0.75% | 42,830 | Common | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $8.7M | 0.75% | 252,605 | Common | SOLE |
| G0260P102 | AS | AMER SPORTS INC | $8.2M | 0.71% | 249,279 | Common | SOLE |
| 607828100 | MOD | MODINE MFG CO | $8.0M | 0.69% | 36,772 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $7.4M | 0.64% | 10,575 | Common | SOLE |
| 47215P106 | JD | JD.COM INC | $7.2M | 0.62% | 244,558 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $7.2M | 0.62% | 30,291 | Common | SOLE |
| 00246W103 | AXTI | AXT INC | $6.6M | 0.57% | 115,567 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $6.4M | 0.56% | 70,132 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $6.2M | 0.54% | 49,783 | Common | SOLE |
| 647581206 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $6.1M | 0.53% | 107,713 | Common | SOLE |
| 29479A108 | ERAS | ERASCA INC | $5.8M | 0.50% | 357,670 | Common | SOLE |
| M87915274 | TSEM | TOWER SEMICONDUCTOR LTD | $5.8M | 0.50% | 32,826 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $5.7M | 0.50% | 9,934 | Common | SOLE |
| 88634T774 | NVDY | TIDAL TRUST II | $5.7M | 0.49% | 441,100 | Common | SOLE |
| 78467X109 | DIA | STATE STR SPDR DOW JONES IND | $5.5M | 0.47% | 11,850 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $5.5M | 0.47% | 20,191 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $5.2M | 0.45% | 16,711 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $5.1M | 0.44% | 42,570 | Common | SOLE |
| 464287523 | SOXX | ISHARES TR | $4.9M | 0.43% | 15,000 | PUT | SOLE |
| 009066101 | ABNB | AIRBNB INC | $4.7M | 0.41% | 37,411 | Common | SOLE |
| 090040106 | BILI | BILIBILI INC | $4.7M | 0.41% | 208,223 | Common | SOLE |
| 462222100 | IONS | IONIS PHARMACEUTICALS INC | $4.6M | 0.40% | 61,200 | Common | SOLE |
| 464287523 | SOXX | ISHARES TR | $4.6M | 0.40% | 13,959 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $4.5M | 0.39% | 54,831 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $4.2M | 0.36% | 6,400 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $3.9M | 0.34% | 1,075,000 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $3.8M | 0.33% | 6,714 | Common | SOLE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $3.4M | 0.30% | 69,295 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $3.3M | 0.29% | 11,629 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $3.2M | 0.28% | 9,049 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $3.1M | 0.27% | 25,000 | CALL | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $3.1M | 0.27% | 37,500 | Common | SOLE |
| 36165L108 | GDS | GDS HLDGS LTD | $3.1M | 0.27% | 76,211 | Common | SOLE |
| 448579102 | H | HYATT HOTELS CORP | $2.9M | 0.25% | 20,202 | Common | SOLE |
| 654902204 | NOK | NOKIA CORP | $2.9M | 0.25% | 357,000 | Common | SOLE |
| 04272N102 | AVBP | ARRIVENT BIOPHARMA INC | $2.8M | 0.24% | 122,276 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $2.7M | 0.23% | 20,028 | Common | SOLE |
| 221015100 | CRVS | CORVUS PHARMACEUTICALS INC | $2.7M | 0.23% | 183,187 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $2.6M | 0.23% | 10,520 | Common | SOLE |
| 922967104 | MANE | VERADERMICS INC | $2.6M | 0.23% | 41,296 | Common | SOLE |
| 82982T106 | SITM | SITIME CORP | $2.6M | 0.22% | 7,480 | Common | SOLE |
| 86627T108 | SMMT | SUMMIT THERAPEUTICS INC | $2.5M | 0.22% | 133,034 | Common | SOLE |
| 874054109 | TTWO | TAKE-TWO INTERACTIVE SOFTWAR | $2.5M | 0.22% | 12,670 | Common | SOLE |
| Y2065G121 | DHT | DHT HOLDINGS INC | $2.4M | 0.21% | 133,963 | Common | SOLE |
| 609839105 | MPWR | MONOLITHIC PWR SYS INC | $2.4M | 0.21% | 2,210 | Common | SOLE |
| 81369Y407 | XLY | SELECT SECTOR SPDR TR | $2.4M | 0.21% | 22,000 | Common | SOLE |
| 042068205 | ARM | ARM HOLDINGS PLC | $2.3M | 0.20% | 15,411 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $2.3M | 0.20% | 8,500 | Common | SOLE |
| 76155X100 | RVMD | REVOLUTION MEDICINES INC | $2.3M | 0.20% | 23,227 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $2.2M | 0.19% | 5,000 | CALL | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $2.1M | 0.18% | 20,046 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $2.1M | 0.18% | 47,792 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $2.1M | 0.18% | 8,088 | Common | SOLE |
| 92826C839 | V | VISA INC | $1.9M | 0.17% | 6,350 | Common | SOLE |
| 172908105 | CTAS | CINTAS CORP | $1.8M | 0.16% | 10,900 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $1.8M | 0.16% | 3,715 | Common | SOLE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $1.8M | 0.15% | 13,400 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.7M | 0.15% | 10,000 | CALL | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP IN | $1.7M | 0.15% | 25,386 | Common | SOLE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $1.7M | 0.15% | 10,500 | Common | SOLE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $1.7M | 0.15% | 36,768 | Common | SOLE |
| 18915M107 | NET | CLOUDFLARE INC | $1.6M | 0.14% | 7,781 | Common | SOLE |
| 368736104 | GNRC | GENERAC HLDGS INC | $1.5M | 0.13% | 7,850 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $1.5M | 0.13% | 3,040 | Common | SOLE |
| 98422D105 | XPEV | XPENG INC | $1.5M | 0.13% | 87,151 | Common | SOLE |
| 31188V100 | FSLY | FASTLY INC | $1.5M | 0.13% | 50,000 | Common | SOLE |
| 70450C101 | PAYP | PAYPAY CORP | $1.5M | 0.13% | 68,000 | Common | SOLE |
| 23306J309 | DBVT | DBV TECHNOLOGIES S A | $1.3M | 0.12% | 64,500 | Common | SOLE |
| 04965M106 | ATAT | ATOUR LIFESTYLE HLDGS LTD | $1.3M | 0.11% | 35,390 | Common | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $1.2M | 0.11% | 149,143 | Common | SOLE |
| 910047109 | UAL | UNITED AIRLS HLDGS INC | $1.2M | 0.11% | 13,325 | Common | SOLE |
| G39387108 | GFS | GLOBALFOUNDRIES INC | $1.2M | 0.10% | 26,920 | Common | SOLE |
| 346375108 | FORM | FORMFACTOR INC | $1.2M | 0.10% | 11,900 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $1.1M | 0.10% | 3,356 | Common | SOLE |
| 46591M109 | JOYY | JOYY INC | $1.1M | 0.09% | 18,532 | Common | SOLE |
| 05722G100 | BKR | BAKER HUGHES COMPANY | $1.1M | 0.09% | 17,285 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $1.0M | 0.09% | 21,600 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $1.0M | 0.09% | 5,000 | CALL | SOLE |
| 60937P106 | MDB | MONGODB INC | $1.0M | 0.09% | 4,100 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $999,826 | 0.09% | 3,040 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $978,116 | 0.08% | 2,467 | Common | SOLE |
| 73933G202 | PSIX | POWER SOLUTIONS INTL INC | $974,080 | 0.08% | 16,000 | Common | SOLE |
| 75886F107 | REGN | REGENERON PHARMACEUTICALS | $972,754 | 0.08% | 1,259 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $970,275 | 0.08% | 6,633 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $969,173 | 0.08% | 1,368 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $963,657 | 0.08% | 9,729 | Common | SOLE |
| M3760D101 | ESLT | ELBIT SYS LTD | $960,321 | 0.08% | 1,131 | Common | SOLE |
| 00206R102 | T | AT&T INC | $956,670 | 0.08% | 33,000 | Common | SOLE |
| 67080M103 | NRIX | NURIX THERAPEUTICS INC | $912,919 | 0.08% | 58,898 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $904,160 | 0.08% | 16,000 | Common | SOLE |
| 00971T101 | AKAM | AKAMAI TECHNOLOGIES INC | $897,093 | 0.08% | 7,811 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $892,387 | 0.08% | 10,294 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $886,557 | 0.08% | 2,395 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $857,304 | 0.07% | 23,328 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $842,014 | 0.07% | 33,843 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $811,549 | 0.07% | 1,908 | Common | SOLE |
| 75776W103 | RDW | REDWIRE CORPORATION | $788,630 | 0.07% | 92,780 | Common | SOLE |
| 98980A105 | ZTO | ZTO EXPRESS CAYMAN INC | $785,807 | 0.07% | 31,220 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $743,569 | 0.06% | 6,869 | Common | SOLE |
| 872657101 | TPG | TPG INC | $694,301 | 0.06% | 17,139 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC | $692,587 | 0.06% | 6,216 | Common | SOLE |
| 65487K100 | LASR | NLIGHT INC | $684,240 | 0.06% | 12,000 | Common | SOLE |
| 199908104 | FIX | COMFORT SYS USA INC | $683,979 | 0.06% | 496 | Common | SOLE |
| 464287234 | EEM | ISHARES TR | $654,391 | 0.06% | 11,523 | Common | SOLE |
| 92189F676 | SMH | VANECK ETF TRUST | $651,780 | 0.06% | 1,700 | Common | SOLE |
| Y2573F102 | FLEX | FLEXTRONICS INTL LTD | $620,364 | 0.05% | 9,477 | Common | SOLE |
| 50202M102 | LI | LI AUTO INC | $609,786 | 0.05% | 34,200 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $601,527 | 0.05% | 5,304 | Common | SOLE |
| 46432F396 | MTUM | ISHARES TR | $599,975 | 0.05% | 2,500 | Common | SOLE |
| 62914V106 | NIO | NIO INC | $590,337 | 0.05% | 97,900 | Common | SOLE |
| 880770102 | TER | TERADYNE INC | $574,836 | 0.05% | 1,939 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $522,388 | 0.05% | 3,551 | Common | SOLE |
| 48553T106 | BZ | KANZHUN LIMITED | $516,185 | 0.04% | 38,550 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $488,011 | 0.04% | 1,659 | Common | SOLE |
| 922475108 | VEEV | VEEVA SYS INC | $474,106 | 0.04% | 2,699 | Common | SOLE |
| 482497104 | BEKE | KE HLDGS INC | $452,034 | 0.04% | 30,196 | Common | SOLE |
| 66981J102 | MNSO | MINISO GROUP HLDG LTD | $428,603 | 0.04% | 26,457 | Common | SOLE |
| 23703Q203 | DQ | DAQO NEW ENERGY CORP | $372,778 | 0.03% | 17,526 | Common | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $371,184 | 0.03% | 13,200 | Common | SOLE |
| 15743P104 | CHA | CHAGEE HLDGS LTD | $342,608 | 0.03% | 36,800 | Common | SOLE |
| 732908108 | PONY | PONY AI INC | $327,870 | 0.03% | 34,732 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $323,930 | 0.03% | 1,160 | Common | SOLE |
| 466313103 | JBL | JABIL INC | $285,818 | 0.02% | 1,076 | Common | SOLE |
| 98850P109 | YUMC | YUM CHINA HLDGS INC | $282,924 | 0.02% | 5,800 | Common | SOLE |
| 89677Q107 | TCOM | TRIP COM GROUP LTD | $282,011 | 0.02% | 5,664 | Common | SOLE |
| 44852D108 | HUYA | HUYA INC | $269,993 | 0.02% | 81,816 | Common | SOLE |
| 74969N103 | RLX | RLX TECHNOLOGY INC | $257,052 | 0.02% | 116,842 | Common | SOLE |
| 44332N106 | HTHT | H WORLD GROUP LTD | $251,450 | 0.02% | 5,000 | Common | SOLE |
| 422704106 | HL | HECLA MINING COMPANY | $249,642 | 0.02% | 13,400 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $232,191 | 0.02% | 266 | Common | SOLE |
| 874080104 | TAL | TAL ED GROUP | $216,940 | 0.02% | 19,080 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.