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Institutional

Polymer Capital Management (HK) LTD

CIK 0001970465
$1.16B
Reported AUM
147
Positions
Q1 2026
Period
2026-05-14
Filed

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%.

Portfolio · Q1 2026

SMH$310.2MQQQ$126.9MNVDA$75.2MPDDLLYSNDKGLDTSMOther$396.1MPL

Top holdings

QoQ vs Q4 2025

#StockIssuerPriceDay %1Y Gr.5Y Gr.Value% of bookΔ shares (QoQ)Status
1SMHVANECK ETF TRUST$569.69-9.22%126.12%346.26%$310.2M26.81%+639,500+376.8%
2QQQINVESCO QQQ TR$705.06-4.80%33.69%99.06%$126.9M10.97%+211,639+2551.4%
3NVDANVIDIA CORPORATION$205.10-6.20%44.92%955.49%$75.2M6.50%+190,640+79.3%
4PDDPDD HOLDINGS INC$85.07-0.94%-15.44%-7.14%$42.2M3.65%+34,883+9.2%
5LLYELI LILLY & CO$1131.420.55%48.00%387.10%$40.0M3.45%2,375−5.2%
6SNDKSANDISK CORP$1559.32-11.39%3882.94%3175.19%$39.4M3.41%4,009−6.1%
7GLDSPDR GOLD TR$396.24-3.65%29.84%133.33%$35.3M3.05%2,013−2.4%
8TSMTAIWAN SEMICONDUCTOR MANUFAC$415.17-6.69%104.85%285.24%$31.7M2.74%9,434−9.1%
9ALNYALNYLAM PHARMACEUTICALS INC$303.05-0.19%0.74%69.36%$19.1M1.65%+21,019+57.2%
10VIPSVIPSHOP HLDGS LTD$13.53-2.31%-3.68%-9.84%$14.7M1.27%407−0.0%
11GILGILDAN ACTIVEWEAR INC$57.61-0.45%22.02%83.95%$13.3M1.15%+155,499+185.4%
12XLESELECT SECTOR SPDR TR$57.67-1.84%42.72%178.12%$13.2M1.14%+137,517+175.9%
13GOOGALPHABET INC$365.76-0.95%109.82%172.71%$12.9M1.11%46,007−50.6%
14PANWPALO ALTO NETWORKS INC$272.05-2.58%36.30%309.05%$11.7M1.01%+72,921NEW
15AMZNAMAZON COM INC$246.03-3.06%15.20%47.87%$11.0M0.95%+50,351+2250.8%
16FUTUFUTU HLDGS LTD$92.33-3.60%-11.56%-6.28%$10.5M0.91%+19,612+34.3%
17GLWCORNING INC$177.58-10.18%254.02%382.70%$9.9M0.85%+63,532+688.9%
18FROFRONTLINE PLC$35.172.96%107.90%513.98%$9.8M0.84%+280,005NEW
19TPRTAPESTRY INC$140.10-0.26%80.54%277.05%$9.8M0.84%+11,583+20.1%
20ASXASE TECHNOLOGY HLDG CO LTD$34.03-11.38%263.44%392.59%$9.6M0.83%+443,215NEW
21MUMICRON TECHNOLOGY INC$864.01-13.25%697.79%1041.92%$9.6M0.83%+28,273NEW
22SOXXISHARES TR$539.77-10.44%149.94%268.61%$9.5M0.82%+16,903+140.2%
23BABAALIBABA GROUP HLDG LTD$121.06-3.88%3.12%-34.69%$9.4M0.81%+58,680+364.4%
24SPYSTATE STR SPDR S&P 500 ETF T$737.55-2.58%24.51%79.50%$9.3M0.81%+3,500+32.3%
25AMDADVANCED MICRO DEVICES INC$466.38-10.86%301.39%339.19%$8.7M0.75%+18,683+77.4%
26IRENIREN LIMITED$54.35-12.14%457.44%236.12%$8.7M0.75%+238,585+1701.7%
27ASAMER SPORTS INC$34.10-1.13%-9.12%108.95%$8.2M0.71%3,247−1.3%
28MODMODINE MFG CO$276.51-8.20%195.35%1552.78%$8.0M0.69%+36,772NEW
29LITELUMENTUM HLDGS INC$863.66-8.62%960.23%928.29%$7.4M0.64%656−5.8%
30JDJD.COM INC$28.88-1.06%-9.69%-53.50%$7.2M0.62%+124,558+103.8%
31COHRCOHERENT CORP$376.99-10.64%$7.2M0.62%34,607−53.3%
32AXTIAXT INC$89.04-15.99%$6.6M0.57%+115,567NEW
33GDXVANECK ETF TRUST$78.84-8.75%$6.4M0.56%29,347−29.5%
34EDUNEW ORIENTAL ED & TECHNOLOGY$45.74-1.15%$6.1M0.53%+8,213+8.3%
35ERASERASCA INC$11.97-9.80%$5.8M0.50%+357,670NEW
36TSEMTOWER SEMICONDUCTOR LTD$235.48-9.88%$5.8M0.50%+32,826NEW
37NVDYTIDAL TRUST II$13.00-5.04%$5.7M0.49%+441,100NEW
38DIASTATE STR SPDR DOW JONES IND$509.70-1.35%$5.5M0.47%HELD
39WDCWESTERN DIGITAL CORP$511.72-11.08%$5.5M0.47%40,692−66.8%
40AVGOBROADCOM INC$385.73-7.92%$5.2M0.45%32,133−65.8%
41MRKMERCK & CO INC$120.790.44%$5.1M0.44%+42,570NEW
42ABNBAIRBNB INC$133.54-0.13%$4.7M0.41%+9,388+33.5%
43BILIBILIBILI INC$17.46-3.05%$4.7M0.41%145,647−41.2%
44IONSIONIS PHARMACEUTICALS INC$74.48-0.87%$4.6M0.40%+61,200NEW
45SESEA LTD$86.56-6.00%$4.5M0.39%+39,368+254.6%
46IVVISHARES TR$740.91-2.62%$4.2M0.36%+1,000+18.5%
47GRABGRAB HOLDINGS LIMITED$3.34-3.47%$3.9M0.34%+926,026+621.6%
48METAMETA PLATFORMS INC$593.00-5.51%$3.8M0.33%5,049−42.9%
49XLFSELECT SECTOR SPDR TR$52.300.21%$3.4M0.30%+1,824+2.7%
50GOOGLALPHABET INC$368.53-0.98%$3.3M0.29%+1,056+10.0%
51ETNEATON CORP PLC$395.94-5.42%$3.2M0.28%+9,049NEW
52XLPSELECT SECTOR SPDR TR$83.441.71%$3.1M0.27%HELD
53GDSGDS HLDGS LTD$34.00-6.16%$3.1M0.27%+68,527+891.8%
54HHYATT HOTELS CORP$193.062.08%$2.9M0.25%+20,202NEW
55NOKNOKIA CORP$14.38-13.48%$2.9M0.25%+357,000NEW
56AVBPARRIVENT BIOPHARMA INC$30.35-8.28%$2.8M0.24%+122,276NEW
57BEBLOOM ENERGY CORP$263.61-9.53%$2.7M0.23%+20,028NEW
58CRVSCORVUS PHARMACEUTICALS INC$11.12-5.12%$2.7M0.23%+183,187NEW
59IWMISHARES TR$281.65-3.55%$2.6M0.23%+4,843+85.3%
60MANEVERADERMICS INC$91.69-9.42%$2.6M0.23%+41,296NEW
61SITMSITIME CORP$625.68-11.50%$2.6M0.22%+7,480NEW
62SMMTSUMMIT THERAPEUTICS INC$14.77-0.47%$2.5M0.22%1,288,121−90.6%
63TTWOTAKE-TWO INTERACTIVE SOFTWAR$214.39-1.04%$2.5M0.22%+9,646+319.0%
64DHTDHT HOLDINGS INC$16.652.52%$2.4M0.21%+133,963NEW
65MPWRMONOLITHIC PWR SYS INC$1481.05-10.38%$2.4M0.21%1,012−31.4%
66XLYSELECT SECTOR SPDR TR$114.86-2.05%$2.4M0.21%HELD
67ARMARM HOLDINGS PLC$342.93-12.84%$2.3M0.20%+15,411NEW
68UNHUNITEDHEALTH GROUP INC$399.470.76%$2.3M0.20%+8,500NEW
69RVMDREVOLUTION MEDICINES INC$149.23-4.15%$2.3M0.20%+23,227NEW
70SNSHARKNINJA INC$119.82-2.96%$2.1M0.18%+20,046NEW
71INTCINTEL CORP$99.17-11.28%$2.1M0.18%+47,792NEW
72AAPLAPPLE INC$307.34-1.25%$2.1M0.18%+4,533+127.5%
73VVISA INC$323.571.06%$1.9M0.17%+5,327+520.7%
74CTASCINTAS CORP$179.85-0.06%$1.8M0.16%+10,900NEW
75SPOTSPOTIFY TECHNOLOGY S A$496.950.68%$1.8M0.16%+1,020+37.8%
76XLKSELECT SECTOR SPDR TR$180.30-6.66%$1.8M0.15%HELD
77IBKRINTERACTIVE BROKERS GROUP IN$84.40-3.06%$1.7M0.15%3,552−12.3%
78XLISELECT SECTOR SPDR TR$174.18-1.12%$1.7M0.15%HELD
79XLUSELECT SECTOR SPDR TR$44.350.93%$1.7M0.15%HELD
80NETCLOUDFLARE INC$250.11-6.90%$1.6M0.14%+7,781NEW
81GNRCGENERAC HLDGS INC$261.54-5.97%$1.5M0.13%+4,850+161.7%
82LINLINDE PLC$507.900.09%$1.5M0.13%+3,040NEW
83XPEVXPENG INC$15.95-5.12%$1.5M0.13%+59,451+214.6%
84FSLYFASTLY INC$18.07-9.24%$1.5M0.13%+50,000NEW
85PAYPPAYPAY CORP$15.08-4.19%$1.5M0.13%+68,000NEW
86DBVTDBV TECHNOLOGIES S A$16.59-5.63%$1.3M0.12%HELD
87ATATATOUR LIFESTYLE HLDGS LTD$33.42-1.79%$1.3M0.11%+35,390NEW
88YMMFULL TRUCK ALLIANCE CO LTD$8.59-3.16%$1.2M0.11%+149,143NEW
89UALUNITED AIRLS HLDGS INC$105.730.75%$1.2M0.11%+13,325NEW
90GFSGLOBALFOUNDRIES INC$75.53-10.83%$1.2M0.10%+26,920NEW
91FORMFORMFACTOR INC$116.70-7.83%$1.2M0.10%+11,900NEW
92AMATAPPLIED MATLS INC$453.01-9.71%$1.1M0.10%+3,356NEW
93JOYYJOYY INC$66.09-2.85%$1.1M0.09%+2,878+18.4%
94BKRBAKER HUGHES COMPANY$62.59-5.32%$1.1M0.09%+17,285NEW
95MPMP MATERIALS CORP$59.18-9.59%$1.0M0.09%+11,600+116.0%
96MDBMONGODB INC$350.74-7.74%$1.0M0.09%+2,030+98.1%
97HDHOME DEPOT INC$310.780.27%$1000K0.09%+3,040NEW
98SNPSSYNOPSYS INC$464.85-5.99%$978K0.08%+2,467NEW
99PSIXPOWER SOLUTIONS INTL INC$37.61-6.40%$974K0.08%+16,000NEW
100REGNREGENERON PHARMACEUTICALS$635.451.07%$973K0.08%+1,259NEW
101PLTRPALANTIR TECHNOLOGIES INC$970K0.08%+6,633NEW
102CATCATERPILLAR INC$969K0.08%3,855−73.8%
103MRVLMARVELL TECHNOLOGY INC$964K0.08%+7,030+260.5%
104ESLTELBIT SYS LTD$960K0.08%+1,131NEW
105TAT&T INC$957K0.08%+33,000NEW
106NRIXNURIX THERAPEUTICS INC$913K0.08%HELD
107SEISOLARIS ENERGY INFRAS INC$904K0.08%+3,460+27.6%
108AKAMAKAMAI TECHNOLOGIES INC$897K0.08%+7,811NEW
109TLTISHARES TR$892K0.08%HELD
110MSFTMICROSOFT CORP$887K0.08%+2,395NEW
111NVONOVO-NORDISK A S$857K0.07%+23,328NEW
112HDBHDFC BANK LTD$842K0.07%+33,843NEW
113SPGIS&P GLOBAL INC$812K0.07%+1,497+364.2%
114RDWREDWIRE CORPORATION$789K0.07%+92,780NEW
115ZTOZTO EXPRESS CAYMAN INC$786K0.07%+31,220NEW
116NEMNEWMONT CORP$744K0.06%+6,869NEW
117TPGTPG INC$694K0.06%+17,139NEW
118BIDUBAIDU INC$693K0.06%62,584−91.0%
119LASRNLIGHT INC$684K0.06%+12,000NEW
120FIXCOMFORT SYS USA INC$684K0.06%+496NEW
121EEMISHARES TR$654K0.06%+11,523NEW
122FLEXFLEXTRONICS INTL LTD$620K0.05%+9,477NEW
123LILI AUTO INC$610K0.05%+17,700+107.3%
124CCITIGROUP INC$602K0.05%+5,304NEW
125MTUMISHARES TR$600K0.05%+2,500NEW
126NIONIO INC$590K0.05%+7,900+8.8%
127TERTERADYNE INC$575K0.05%+1,939NEW
128ORCLORACLE CORP$522K0.05%+3,551NEW
129BZKANZHUN LIMITED$516K0.04%+10,416+37.0%
130JPMJPMORGAN CHASE & CO$488K0.04%+1,659NEW
131VEEVVEEVA SYS INC$474K0.04%+2,699NEW
132BEKEKE HLDGS INC$452K0.04%+30,196NEW
133MNSOMINISO GROUP HLDG LTD$429K0.04%+14,557+122.3%
134DQDAQO NEW ENERGY CORP$373K0.03%+17,526NEW
135PPTAPERPETUA RESOURCES CORP$371K0.03%+13,200NEW
136CHACHAGEE HLDGS LTD$343K0.03%+21,500+140.5%
137PONYPONY AI INC$328K0.03%+34,732NEW
138CEGCONSTELLATION ENERGY CORP$324K0.03%+1,160NEW
139JBLJABIL INC$286K0.02%+1,076NEW
140YUMCYUM CHINA HLDGS INC$283K0.02%80,854−93.3%
141TCOMTRIP COM GROUP LTD$282K0.02%59,836−91.4%
142HUYAHUYA INC$270K0.02%+48,546+145.9%
143RLXRLX TECHNOLOGY INC$257K0.02%+18,042+18.3%
144HTHTH WORLD GROUP LTD$251K0.02%103,200−95.4%
145HLHECLA MINING COMPANY$250K0.02%+13,400NEW
146GEVGE VERNOVA INC$232K0.02%+266NEW
147TALTAL ED GROUP$217K0.02%+19,080NEW
148AIQGLOBAL X FDS338,000EXITED
149KBWBINVESCO EXCH TRADED FD TR II153,000EXITED
150COPXGLOBAL X FDS128,459EXITED
151XBISPDR SERIES TRUST48,200EXITED
152ONONON HLDG AG117,995EXITED
153MAGSLISTED FDS TR78,931EXITED
154CRDOCREDO TECHNOLOGY GROUP HOLDI33,980EXITED
155RLRALPH LAUREN CORP12,233EXITED
156NTESNETEASE INC30,007EXITED
157FCXFREEPORT-MCMORAN INC70,466EXITED
158TJXTJX COS INC NEW19,522EXITED
159MARMARRIOTT INTL INC NEW9,000EXITED
160URAGLOBAL X FDS65,300EXITED
161RCLROYAL CARIBBEAN GROUP10,000EXITED
162CCL1EURCARNIVAL CORP90,694EXITED
163NCLHNORWEGIAN CRUISE LINE HLDG L120,000EXITED
164HOODROBINHOOD MKTS INC23,235EXITED
165LVSLAS VEGAS SANDS CORP39,343EXITED
166TSLATESLA INC4,688EXITED
167VSTMVERASTEM INC266,812EXITED
168FTAIFTAI AVIATION LTD10,400EXITED
169NKENIKE INC32,000EXITED
170NFLXNETFLIX INC20,500EXITED
171COSTCOSTCO WHSL CORP NEW2,200EXITED
172ALABASTERA LABS INC8,803EXITED
173SQMSOCIEDAD QUIMICA Y MINERA DE19,555EXITED
174430TERNS PHARMACEUTICALS INC33,070EXITED
175WMTWALMART INC9,879EXITED
176PEPGPEPGEN INC160,000EXITED
177BABOEING CO4,400EXITED
178UUNITY SOFTWARE INC20,000EXITED
179SGMLSIGMA LITHIUM CORPORATION50,000EXITED
180RBLXROBLOX CORP8,047EXITED
181RYAAYRYANAIR HOLDINGS PLC8,707EXITED
182LYFTLYFT INC32,158EXITED
183MLIMUELLER INDS INC5,357EXITED
184FIGFIGMA INC16,430EXITED
185ADBEADOBE INC1,649EXITED
186TTANSERVICETITAN INC5,127EXITED
187CRMSALESFORCE INC2,059EXITED
188IOTSAMSARA INC11,500EXITED
189TMETENCENT MUSIC ENTMT GROUP20,800EXITED
190SNOWSNOWFLAKE INC1,600EXITED
191FRMIFERMI INC35,100EXITED
192VZVERIZON COMMUNICATIONS INC6,000EXITED
193LULULULULEMON ATHLETICA INC1,095EXITED
194ASMLASML HOLDING N V203EXITED
195LNGCHENIERE ENERGY INC1,095EXITED
196SOUNSOUNDHOUND AI INC12,233EXITED
197IQIQIYI INC32,559EXITED

Source: SEC EDGAR · accession 0001970465-26-000004. 13F discloses long positions only — shorts, foreign equities, and options are excluded.