Polunin Capital Partners Ltd

LONDON, X0 · CIK 1629869 · 13F filing filed 2026-07-15

SEC-registered investment adviser since 2011 · other (specify)

Assets managed$8.0bn
Staff17 · 6 in investment roles
Main clients (by assets)Private funds 59%, Mutual funds and ETFs 24%, Sovereign wealth funds 16%
Private funds3 (1 hedge) · $3.8bn gross assets
Websitepolunin.co.uk
Form ADV · 2026-03-30SEC adviser record

Legal entityPOLUNIN CAPITAL PARTNERS LIMITED (GB)

Kindhedge funds, futures, FCA fund manager
Others nearbyLondon

As an employer

Staff in the UK18
Offices in1 country
Private fundsother private 2, hedge 1

In the UK

FCA-authorised companies1
Manages investmentsyes
Runs fundsyes
Retail clientsno, professional only

Company	Town	Staff	Pay gap report	FCA register
POLUNIN CAPITAL PARTNERS LIMITED Private Limited Company · accounts to 2025-12-31FCA: Authorised · manages investments, manages AIFs, advises, deals	London	18		Authorisedmanages investments, manages AIFs, advises, deals

Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.

$407.4m reported value +5.7% vs Q1 2026

19positions

92.8%in top 10

6 new 4 added 7 reduced 3 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ACM RESH INC COM CL A ACMR	ACMR	748,498	$77.1m18.92%	18.92%	Reduced -14.8k	-14,820 -1.9%
2	JD.COM INC SPON ADS CL A JD	JD	1,967,136	$55.5m13.62%	13.62%	New
3	PAGSEGURO DIGITAL LTD COM CL A PAGS	PAGS	4,918,011	$45.5m11.17%	11.17%	Reduced -86.8k	-86,800 -1.7%
4	STONECO LTD COM CL A STNE	STNE	3,508,909	$39.3m9.65%	9.65%	Added +154.1k	+154,146 4.6%
5	BAIDU INC SPON ADR REP A BIDU	BIDU	283,440	$33.3m8.18%	8.18%	Reduced -5.0k	-5,000 -1.7%
6	CANADIAN SOLAR INC COM CSIQ	CSIQ	2,120,414	$31.8m7.82%	7.82%	Added +118.5k	+118,545 5.9%
7	FULL TRUCK ALLIANCE CO LTD SPONSORED ADS YMM	YMM	3,098,533	$26.6m6.52%	6.52%	Reduced -54.3k	-54,300 -1.7%
8	AUTOHOME INC SP ADS RP CL A ATHM	ATHM	1,234,149	$25.1m6.15%	6.15%	Added +91.2k	+91,183 8.0%
9	WEIBO CORP SPONSORED ADR WB	WB	2,926,338	$22.6m5.54%	5.54%	New
10	DAQO NEW ENERGY CORP SPNSRD ADS NEW DQ	DQ	1,714,923	$21.3m5.22%	5.22%	Reduced -27.7k	-27,741 -1.6%
11	HIMAX TECHNOLOGIES INC SPONSORED ADR HIMX	HIMX	696,950	$10.6m2.61%	2.61%	New
12	TUYA INC SPONSERED ADS TUYA	TUYA	2,958,145	$5.4m1.34%	1.34%	New
13	HELLO GROUP INC ADS MOMO	MOMO	835,119	$5.1m1.24%	1.24%	New
14	ABRDN PLATINUM ETF TRUST PHYSCL PLATM SHS PPLT	PPLT	243,370	$3.6m0.88%	0.88%	New
15	GALIANO GOLD INC COM GAU	GAU	1,834,017	$3.4m0.84%	0.84%	Reduced -13.1k	-13,100 -0.7%
16	DBX ETF TR XTRACK HRVST CSI ASHR	ASHR	23,183	$820.0k0.20%	0.20%	Unchanged
17	MAGNACHIP SEMICONDUCTOR CORP COM MX	MX	59,811	$240.0k0.06%	0.06%	Added +2.8k	+2,800 4.9%
18	BAOZUN INC SPONSORED ADR BZUN	BZUN	60,222	$171.0k0.04%	0.04%	Unchanged
19	CANAAN INC SPONSORED ADS CAN	CAN	74,382	$23.0k0.01%	0.01%	Reduced -1.1m	-1,120,174 -93.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ALIBABA GROUP HLDG LTD BABA	BABA	862,604	$105.5m862.6k shares
KRANESHARES TRUST KWEB	KWEB	19,226	$541.0k19.2k shares
DOUYU INTL HLDGS LTD DOYU	DOYU	12,198	$59.0k12.2k shares