Polymer Capital Management (HK) LTD
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Polymer Capital Management (HK) LTD reported 156 stock positions worth $493.1 million. Its top holding was Apple (AAPL) at 5.8% of the portfolio, followed by Microsoft (MSFT, 5.7%) and Amazon.com (AMZN, 5.2%). Compared with Q1 2024, it opened 70 new positions, sold out of 108, added to 43 and reduced 35. The biggest buy was Apple (AAPL, shares +7007%) and the biggest sale an exit from Vertiv Class A (VRT).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001970465
- Portfolio Value
- $493.1M (Q2 2024)
- SEC Filing
- 0001970465-24-000005 ↗ filed Aug 14, 2024
Holdings Value
Holdings 156 stocks · $493.1M
| AAPL Apple Inc. | 5.77% | 135,028 | $28.4M | Add +7006.7% |
| MSFT Microsoft Corp. | 5.71% | 62,980 | $28.1M | Add +1.8% |
| AMZN Amazon.com Inc. | 5.23% | 133,570 | $25.8M | Add +33.3% |
| GOOG Alphabet Inc. Class C | 4.30% | 115,520 | $21.2M | Add +30.8% |
| NVDA Nvidia Corp. | 3.60% | 143,513 | $17.7M | Reduce -32.5% |
| BABA Alibaba Group Holding-SP ADR | 3.32% | 227,700 | $16.4M | Add +148.8% |
| TME Tencent Music Entertainm-ADR | 2.92% | 1,025,085 | $14.4M | Add +37.6% |
| EDU New Oriental Educatio-SP ADR | 2.64% | 167,347 | $13.0M | Add +140.4% |
| TSM Taiwan Semiconductor-SP ADR | 2.62% | 74,199 | $12.9M | Add +363.7% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 2.49% | 866,939 | $12.3M | Add +232.2% |
| PDD PDD Holdings Inc. | 2.49% | 92,218 | $12.3M | Reduce -23.6% |
| APH Amphenol Corp. Class A | 2.39% | 174,853 | $11.8M | Add +4501.4% |
| BILI Bilibili Inc.-Sponsored ADR | 2.31% | 737,310 | $11.4M | Add +215.0% |
| FOX Fox Corp. Class B | 2.27% | 350,000 | $11.2M | New |
| GEV GE Vernova Inc. | 2.14% | 61,636 | $10.6M | New |
| AVGO Broadcom Inc. | 2.13% | 6,554 | $10.5M | Add +227.7% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 2.06% | 155,103 | $10.2M | Reduce -13.8% |
| SNPS Synopsys Inc. | 1.89% | 15,630 | $9.3M | Reduce -21.1% |
| MLCO Melco Resorts & Entert-ADR | 1.48% | 975,050 | $7.3M | Reduce -7.9% |
| ANET Arista Networks Inc. | 1.36% | 19,200 | $6.7M | Add +679.2% |
| DELL Dell Technologies -C | 1.36% | 48,700 | $6.7M | Add +115.5% |
| SPOT Spotify Technology SA | 1.34% | 21,011 | $6.6M | Add +417.1% |
| WDC Western Digital Corp. | 1.19% | 77,305 | $5.9M | New |
| QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC | 0.99% | 248,130 | $4.9M | Add +594.2% |
| SKX Skechers USA Inc. Class A | 0.96% | 68,700 | $4.7M | New |
| Z Zillow Group Inc. Class C | 0.95% | 100,954 | $4.7M | New |
| NTES Netease Inc.-ADR | 0.92% | 47,300 | $4.5M | Add +22.3% |
| ARGX Argenx SE - ADR | 0.87% | 10,000 | $4.3M | Add +25.0% |
| CTLT Catalent Inc. | 0.80% | 70,000 | $3.9M | Add +16.7% |
| HLT Hilton Worldwide Holdings Inc. | 0.80% | 18,000 | $3.9M | Add +20.0% |
| AOSL Alpha & Omega Semiconductor | 0.78% | 103,400 | $3.9M | New |
| IREN Iren Ltd. filed as IRIS ENERGY LTD | 0.75% | 327,400 | $3.7M | Reduce -49.6% |
| TAL Tal Education Group- ADR | 0.73% | 339,000 | $3.6M | Add +27.8% |
| WYNN WYNN Resorts Ltd. | 0.73% | 40,167 | $3.6M | Add +33.9% |
| CCL Carnival Corp. | 0.72% | 190,000 | $3.6M | Reduce -7.8% |
| PINS Pinterest Inc. Class A | 0.72% | 80,638 | $3.6M | Add +295.9% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.72% | 275,400 | $3.5M | Reduce -17.3% |
| TLT iShares 20+ Year Treasury BD | 0.71% | 38,000 | $3.5M | New |
| PANW Palo Alto Networks Inc. | 0.70% | 10,190 | $3.5M | Add +512.0% |
| GAP The Gap Inc. | 0.67% | 138,000 | $3.3M | Add +53.3% |
| GRAB Grab Holdings Ltd. Class A | 0.65% | 900,000 | $3.2M | Add +50.0% |
| ILMN Illumina Inc. | 0.64% | 30,000 | $3.1M | Add +20.0% |
| PI Impinj Inc. | 0.63% | 19,780 | $3.1M | Add +27.4% |
| HTHT H World Group Ltd.-ADR | 0.61% | 90,000 | $3.0M | Add +28.6% |
| RCL Royal Caribbean Cruises Ltd. | 0.58% | 18,000 | $2.9M | Reduce -28.0% |
| SE Sea Ltd.-ADR | 0.55% | 38,300 | $2.7M | Add +92.3% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.54% | 69,253 | $2.7M | Add +125.6% |
| YUMC Yum China Holdings Inc. | 0.52% | 83,400 | $2.6M | Add +1126.5% |
| DECK Deckers Outdoor Corp. | 0.52% | 2,642 | $2.6M | Reduce -17.4% |
| MU Micron Technology Inc. | 0.51% | 18,979 | $2.5M | Reduce -60.8% |
| SN Sharkninja Inc. | 0.50% | 33,108 | $2.5M | Reduce -8.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.48% | 4,373 | $2.4M | New |
| BDX Becton Dickinson and Co. | 0.48% | 10,055 | $2.3M | Add +43.6% |
| RLX RLX Technology Inc.-ADR | 0.47% | 1,267,446 | $2.3M | New |
| GDX Vaneck Gold Miners ETF | 0.47% | 68,000 | $2.3M | New |
| ARM Arm Holdings PLC-ADR | 0.44% | 13,306 | $2.2M | Reduce -28.8% |
| YMM Full Truck Alliance -SPN ADR | 0.44% | 270,000 | $2.2M | Reduce -24.8% |
| XLF SS Financial Select Sector | 0.43% | 51,400 | $2.1M | New |
| SNAP Snap Inc. Class A | 0.41% | 122,520 | $2.0M | New |
| XLP SS Consumer Staples Sel Sect | 0.40% | 26,000 | $2.0M | New |
| ANF Abercrombie & Fitch Co. Class A | 0.38% | 10,560 | $1.9M | Add +486.7% |
| FRO Frontline PLC | 0.36% | 69,799 | $1.8M | New |
| GDXJ Vaneck Junior Gold Miners | 0.36% | 41,800 | $1.8M | New |
| URA Global X Uranium ETF | 0.36% | 60,700 | $1.8M | New |
| PFE Pfizer Inc. | 0.34% | 60,000 | $1.7M | No change |
| TRMD Torm PLC-A | 0.33% | 42,361 | $1.6M | New |
| AS Amer Sports Inc. | 0.33% | 130,590 | $1.6M | Reduce -66.7% |
| AAOI Applied Optoelectronics Inc. | 0.33% | 194,500 | $1.6M | Add +7.0% |
| BNTX Biontech SE-ADR | 0.33% | 20,000 | $1.6M | No change |
| CEG Constellation Energy | 0.31% | 7,551 | $1.5M | New |
| TSLA Tesla Inc. | 0.30% | 7,600 | $1.5M | Add +12.9% |
| LULU Lululemon Athletica Inc. | 0.30% | 5,000 | $1.5M | New |
| JNJ Johnson & Johnson | 0.30% | 10,000 | $1.5M | New |
| GOTU Gaotu Techedu Inc. | 0.30% | 298,200 | $1.5M | New |
| NWS News Corp. Class B | 0.29% | 50,000 | $1.4M | No change |
| CCJ Cameco Corp. | 0.29% | 28,627 | $1.4M | Add +18.2% |
| NOW ServiceNow Inc. | 0.27% | 1,720 | $1.4M | New |
| RDDT Reddit Inc. Class A | 0.27% | 21,000 | $1.3M | New |
| LEGN Legend Biotech Corp.-ADR | 0.27% | 30,000 | $1.3M | New |
| TCOM Trip.com Group Ltd.-ADR | 0.26% | 27,662 | $1.3M | Reduce -75.1% |
| META Meta Platforms Inc. Class A | 0.25% | 2,487 | $1.3M | Reduce -88.0% |
| FLUT Flutter Entertainment PLC-Di | 0.25% | 6,778 | $1.2M | No change |
| BSX Boston Scientific Corp. | 0.23% | 15,000 | $1.2M | Reduce -40.0% |
| MNSO Miniso Group Holding Ltd.-ADR | 0.23% | 58,672 | $1.1M | Reduce -31.3% |
| QCOM Qualcomm Inc. | 0.23% | 5,600 | $1.1M | Reduce -81.3% |
| ABT Abbott Laboratories | 0.21% | 10,000 | $1.0M | New |
| XP XP Inc. Class A | 0.20% | 57,300 | $1.0M | Reduce -19.5% |
| XLK SS Technology Select Sector | 0.19% | 4,100 | $928K | New |
| ULTA Ulta Beauty Inc. | 0.18% | 2,266 | $874K | New |
| HIMX Himax Technologies Inc.-ADR | 0.16% | 101,000 | $802K | New |
| CRL Charles River Laboratories | 0.16% | 3,751 | $775K | Add +7.2% |
| SOXX iShares Semiconductor ETF | 0.15% | 3,097 | $764K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.15% | 1,550 | $743K | New |
| MARA Mara Holdings Inc. filed as MARATHON DIGITAL HOLDINGS IN | 0.15% | 37,300 | $740K | Add +85.1% |
| ADBE Adobe Inc. | 0.15% | 1,300 | $722K | New |
| ETN Eaton Corp. PLC | 0.15% | 2,300 | $721K | Reduce -83.9% |
| IQV Iqvia Holdings Inc. | 0.13% | 3,135 | $663K | Add +56.8% |
| RNW Renew Energy Global PLC-A | 0.13% | 100,000 | $624K | New |
| GOOGL Alphabet Inc. Class A | 0.13% | 3,400 | $619K | New |
| INTU Intuit Inc. | 0.12% | 900 | $591K | New |
Options reported separately and not counted above: AOSL calls ($561K).
Portfolio Sells Q1 2024 → Q2 2024
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −4.30 |
| META Meta Platforms Inc. Class A | Reduce -88.0% | 0.25% | −2.27 |
| LBTYA Liberty Global Ltd. Class A | Sold out | 0.00% | −2.19 |
| VIPS Vipshop Holdings Ltd. - ADR | Sold out | 0.00% | −2.08 |
| CLS Celestica Inc. | Sold out | 0.00% | −1.44 |
| AS Amer Sports Inc. | Reduce -66.7% | 0.33% | −1.27 |
| DUOL Duolingo | Sold out | 0.00% | −1.24 |
| NVDA Nvidia Corp. | Reduce -32.5% | 3.60% | −1.24 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −1.13 |
| FN Fabrinet | Sold out | 0.00% | −1.06 |
| QCOM Qualcomm Inc. | Reduce -81.3% | 0.23% | −1.05 |
| PDD PDD Holdings Inc. | Reduce -23.6% | 2.49% | −1.04 |
| ETN Eaton Corp. PLC | Reduce -83.9% | 0.15% | −0.98 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -75.1% | 0.26% | −0.96 |
| SNPS Synopsys Inc. | Reduce -21.1% | 1.89% | −0.96 |
| MU Micron Technology Inc. | Reduce -60.8% | 0.51% | −0.93 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.83 |
| ZTO Zto Express Cayman Inc.-ADR | Sold out | 0.00% | −0.76 |
| FLEX Flex Ltd. | Sold out | 0.00% | −0.74 |
| IQ Iqiyi Inc.-ADR | Sold out | 0.00% | −0.64 |
| CRH CRH PLC | Reduce -89.1% | 0.05% | −0.55 |
| PBR Petroleo Brasileiro-Spon ADR | Sold out | 0.00% | −0.52 |
| EC Ecopetrol SA-Sponsored ADR | Sold out | 0.00% | −0.51 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.51 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.49 |
| MOMO Hello Group Inc. -SPN ADR | Sold out | 0.00% | −0.45 |
| MLCO Melco Resorts & Entert-ADR | Reduce -7.9% | 1.48% | −0.45 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.41 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.41 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -13.8% | 2.06% | −0.39 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −0.39 |
| NVT Nvent Electric PLC | Sold out | 0.00% | −0.39 |
| ONC Beone Medicines Ltd.-ADR | Sold out | 0.00% | −0.37 |
| JOYY Joyy Inc.-ADR | Sold out | 0.00% | −0.34 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -28.0% | 0.58% | −0.29 |
| LLYVK Liberty Media Corp.-Liberty-C | Sold out | 0.00% | −0.28 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -17.3% | 0.72% | −0.28 |
| HAL Halliburton Co. | Sold out | 0.00% | −0.27 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.26 |
| XP XP Inc. Class A | Reduce -19.5% | 0.20% | −0.26 |
| DECK Deckers Outdoor Corp. | Reduce -17.4% | 0.52% | −0.24 |
| AMD Advanced Micro Devices | Reduce -62.6% | 0.08% | −0.22 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.22 |
| YMM Full Truck Alliance -SPN ADR | Reduce -24.8% | 0.44% | −0.22 |
| MNSO Miniso Group Holding Ltd.-ADR | Reduce -31.3% | 0.23% | −0.21 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.20 |
| DNA Ginkgo Bioworks Holdings Inc. | Reduce -24.1% | 0.04% | −0.20 |
| BSX Boston Scientific Corp. | Reduce -40.0% | 0.23% | −0.20 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.17 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -65.0% | 0.07% | −0.17 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +7006.7% | 5.77% | +5.68 |
| APH Amphenol Corp. Class A | Add +4501.4% | 2.39% | +2.33 |
| FOX Fox Corp. Class B | New | 2.27% | +2.27 |
| GEV GE Vernova Inc. | New | 2.14% | +2.14 |
| TSM Taiwan Semiconductor-SP ADR | Add +363.7% | 2.62% | +2.07 |
| BABA Alibaba Group Holding-SP ADR | Add +148.8% | 3.32% | +1.66 |
| BILI Bilibili Inc.-Sponsored ADR | Add +215.0% | 2.31% | +1.65 |
| BEKE Ke Holdings Inc.-ADR | Add +232.2% | 2.49% | +1.59 |
| AVGO Broadcom Inc. | Add +227.7% | 2.13% | +1.47 |
| WDC Western Digital Corp. | New | 1.19% | +1.19 |
| ANET Arista Networks Inc. | Add +679.2% | 1.36% | +1.18 |
| EDU New Oriental Educatio-SP ADR | Add +140.4% | 2.64% | +1.12 |
| SPOT Spotify Technology SA | Add +417.1% | 1.34% | +1.07 |
| SKX Skechers USA Inc. Class A | New | 0.96% | +0.96 |
| Z Zillow Group Inc. Class C | New | 0.95% | +0.95 |
| GOOG Alphabet Inc. Class C | Add +30.8% | 4.30% | +0.91 |
| QFIN Qfin Holdings Inc.-ADR | Add +594.2% | 0.99% | +0.83 |
| TME Tencent Music Entertainm-ADR | Add +37.6% | 2.92% | +0.82 |
| AOSL Alpha & Omega Semiconductor | New | 0.78% | +0.78 |
| DELL Dell Technologies -C | Add +115.5% | 1.36% | +0.71 |
| TLT iShares 20+ Year Treasury BD | New | 0.71% | +0.71 |
| AMZN Amazon.com Inc. | Add +33.3% | 5.23% | +0.69 |
| PANW Palo Alto Networks Inc. | Add +512.0% | 0.70% | +0.58 |
| PINS Pinterest Inc. Class A | Add +295.9% | 0.72% | +0.54 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.48% | +0.48 |
| RLX RLX Technology Inc.-ADR | New | 0.47% | +0.47 |
| GDX Vaneck Gold Miners ETF | New | 0.47% | +0.47 |
| YUMC Yum China Holdings Inc. | Add +1126.5% | 0.52% | +0.45 |
| XLF SS Financial Select Sector | New | 0.43% | +0.43 |
| SNAP Snap Inc. Class A | New | 0.41% | +0.41 |
| XLP SS Consumer Staples Sel Sect | New | 0.40% | +0.40 |
| FRO Frontline PLC | New | 0.36% | +0.36 |
| GDXJ Vaneck Junior Gold Miners | New | 0.36% | +0.36 |
| URA Global X Uranium ETF | New | 0.36% | +0.36 |
| TRMD Torm PLC-A | New | 0.33% | +0.33 |
| ANF Abercrombie & Fitch Co. Class A | Add +486.7% | 0.38% | +0.32 |
| CEG Constellation Energy | New | 0.31% | +0.31 |
| LULU Lululemon Athletica Inc. | New | 0.30% | +0.30 |
| JNJ Johnson & Johnson | New | 0.30% | +0.30 |
| GOTU Gaotu Techedu Inc. | New | 0.30% | +0.30 |
| SE Sea Ltd.-ADR | Add +92.3% | 0.55% | +0.29 |
| NOW ServiceNow Inc. | New | 0.27% | +0.27 |
| RDDT Reddit Inc. Class A | New | 0.27% | +0.27 |
| ONON On Holding AG Class A | Add +125.6% | 0.54% | +0.27 |
| LEGN Legend Biotech Corp.-ADR | New | 0.27% | +0.27 |
| ABT Abbott Laboratories | New | 0.21% | +0.21 |
| XLK SS Technology Select Sector | New | 0.19% | +0.19 |
| ULTA Ulta Beauty Inc. | New | 0.18% | +0.18 |
| GRAB Grab Holdings Ltd. Class A | Add +50.0% | 0.65% | +0.17 |
| HIMX Himax Technologies Inc.-ADR | New | 0.16% | +0.16 |
Options Activity Q1 2024 → Q2 2024
| AOSL Alpha & Omega Semiconductor | call | New | 15,000 | $561K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 140 | $984.8M | SNDK, LLY, NVDA, AMAT, MU |
| Q1 2026 | 147 | $713.5M | NVDA, PDD, LLY, SNDK, GLD |
| Q4 2025 | 126 | $642.5M | LLY, NVDA, PDD, GLD, TSM |
| Q3 2025 | 244 | $718.9M | NVDA, LLY, GOOG, GLD, PDD |
| Q2 2025 | 148 | $638.4M | AS, NVDA, AMD, META, SMMT |
| Q1 2025 | 128 | $576.3M | TPR, META, QFIN, AMD, BABA |
| Q4 2024 | 167 | $570.8M | AMZN, AS, BA, NVDA, TSM |
| Q3 2024 | 151 | $432.1M | JD, FUTU, BABA, GEV, PDD |
| Q2 2024 | 156 | $493.1M | AAPL, MSFT, AMZN, GOOG, NVDA |
| Q1 2024 | 194 | $397.2M | MSFT, NVDA, AMZN, VRT, PDD |