13F HOLDINGS REPORT
Polymer Capital Management (HK) LTD
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001970465-26-000002
Total Value
$703.0M
Positions
127
Other Managers
0
Confidential Omitted
No
Holdings (127)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANECK ETF TRUST | 92189F676 | 168,000 | $60.5M | 8.61% |
| 2 | ELI LILLY & CO | LLY | 45,810 | $49.2M | 7.00% |
| 3 | NVIDIA CORPORATION | NVDA | 240,480 | $44.8M | 6.38% |
| 4 | PDD HOLDINGS INC | PDD | 378,574 | $42.9M | 6.11% |
| 5 | SPDR GOLD TR | GLD | 84,050 | $33.3M | 4.74% |
| 6 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 103,140 | $31.3M | 4.46% |
| 7 | ALPHABET INC | GOOG | 90,884 | $28.5M | 4.06% |
| 8 | SUMMIT THERAPEUTICS INC | SMMT | 1,421,155 | $24.9M | 3.54% |
| 9 | GLOBAL X FDS | 37954Y632 | 338,000 | $17.2M | 2.45% |
| 10 | BROADCOM INC | AVGO | 48,844 | $16.9M | 2.40% |
| 11 | VIPSHOP HLDGS LTD | VIPS | 932,407 | $16.5M | 2.35% |
| 12 | SANDISK CORP | SNDK | 66,055 | $15.7M | 2.23% |
| 13 | ALNYLAM PHARMACEUTICALS INC | ALNY | 36,765 | $14.6M | 2.08% |
| 14 | INVESCO EXCH TRADED FD TR II | IVZ | 153,000 | $12.9M | 1.83% |
| 15 | COHERENT CORP | COHR | 64,898 | $12.0M | 1.70% |
| 16 | WESTERN DIGITAL CORP | WDC | 60,883 | $10.5M | 1.49% |
| 17 | AMER SPORTS INC | AS | 252,526 | $9.4M | 1.34% |
| 18 | FUTU HLDGS LTD | FUTU | 57,226 | $9.4M | 1.34% |
| 19 | GLOBAL X FDS | 37954Y830 | 128,459 | $9.2M | 1.31% |
| 20 | BAIDU INC | BAIDF | 68,800 | $9.0M | 1.28% |
| 21 | BILIBILI INC | BLBLF | 353,870 | $8.7M | 1.24% |
| 22 | VANECK ETF TRUST | 92189F106 | 99,479 | $8.5M | 1.21% |
| 23 | META PLATFORMS INC | META | 11,763 | $7.8M | 1.10% |
| 24 | SPDR S&P 500 ETF TR | SPY | 10,829 | $7.4M | 1.05% |
| 25 | TAPESTRY INC | TPR | 57,519 | $7.3M | 1.05% |
| 26 | SPDR SERIES TRUST | 78464A870 | 48,200 | $5.9M | 0.84% |
| 27 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 11,850 | $5.7M | 0.81% |
| 28 | ON HLDG AG | H5919C104 | 117,995 | $5.5M | 0.78% |
| 29 | NEW ORIENTAL ED & TECHNOLOGY | 647581206 | 99,500 | $5.5M | 0.78% |
| 30 | GILDAN ACTIVEWEAR INC | GIL | 83,856 | $5.2M | 0.75% |
| 31 | LISTED FDS TR | 53656G498 | 78,931 | $5.2M | 0.74% |
| 32 | ADVANCED MICRO DEVICES INC | AMD | 24,147 | $5.2M | 0.74% |
| 33 | INVESCO QQQ TR | IVZ | 8,295 | $5.1M | 0.72% |
| 34 | H WORLD GROUP LTD | HWLDF | 108,200 | $5.1M | 0.72% |
| 35 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | 33,980 | $4.9M | 0.70% |
| 36 | TRIP COM GROUP LTD | TRPCF | 65,500 | $4.7M | 0.67% |
| 37 | RALPH LAUREN CORP | RL | 12,233 | $4.3M | 0.62% |
| 38 | LUMENTUM HLDGS INC | LITE | 11,231 | $4.1M | 0.59% |
| 39 | YUM CHINA HLDGS INC | YUMC | 86,654 | $4.1M | 0.59% |
| 40 | NETEASE INC | NETTF | 30,007 | $4.1M | 0.59% |
| 41 | AIRBNB INC | ABNB | 28,023 | $3.8M | 0.54% |
| 42 | ISHARES TR | 464287200 | 5,400 | $3.7M | 0.53% |
| 43 | SELECT SECTOR SPDR TR | 81369Y605 | 67,471 | $3.7M | 0.53% |
| 44 | ISHARES TR | 464287523 | 12,056 | $3.6M | 0.52% |
| 45 | FREEPORT-MCMORAN INC | FCX | 70,466 | $3.6M | 0.51% |
| 46 | SELECT SECTOR SPDR TR | 81369Y506 | 78,172 | $3.5M | 0.50% |
| 47 | JD.COM INC | JDCMF | 120,000 | $3.4M | 0.49% |
| 48 | ALPHABET INC | GOOG | 10,573 | $3.3M | 0.47% |
| 49 | TJX COS INC NEW | 872540109 | 19,522 | $3.0M | 0.43% |
| 50 | CATERPILLAR INC | CAT | 5,223 | $3.0M | 0.43% |
| 51 | MONOLITHIC PWR SYS INC | 609839105 | 3,222 | $2.9M | 0.42% |
| 52 | SELECT SECTOR SPDR TR | 81369Y308 | 37,500 | $2.9M | 0.41% |
| 53 | MARRIOTT INTL INC NEW | 571903202 | 9,000 | $2.8M | 0.40% |
| 54 | GLOBAL X FDS | 37954Y871 | 65,300 | $2.8M | 0.40% |
| 55 | ROYAL CARIBBEAN GROUP | V7780T103 | 10,000 | $2.8M | 0.40% |
| 56 | CARNIVAL CORP | CUKPF | 90,694 | $2.8M | 0.39% |
| 57 | NORWEGIAN CRUISE LINE HLDG L | NCLH | 120,000 | $2.7M | 0.38% |
| 58 | ROBINHOOD MKTS INC | 770700102 | 23,235 | $2.6M | 0.37% |
| 59 | SELECT SECTOR SPDR TR | 81369Y407 | 22,000 | $2.6M | 0.37% |
| 60 | LAS VEGAS SANDS CORP | LVS | 39,343 | $2.6M | 0.36% |
| 61 | ALIBABA GROUP HLDG LTD | BBAAY | 16,103 | $2.4M | 0.34% |
| 62 | TESLA INC | TSLA | 4,688 | $2.1M | 0.30% |
| 63 | VERASTEM INC | VSTM | 266,812 | $2.1M | 0.29% |
| 64 | FTAI AVIATION LTD | FTAIN | 10,400 | $2.0M | 0.29% |
| 65 | NIKE INC | NKE | 32,000 | $2.0M | 0.29% |
| 66 | SEA LTD | SE | 15,463 | $2.0M | 0.28% |
| 67 | SELECT SECTOR SPDR TR | 81369Y803 | 13,400 | $1.9M | 0.27% |
| 68 | NETFLIX INC | NFLX | 20,500 | $1.9M | 0.27% |
| 69 | COSTCO WHSL CORP NEW | 22160K105 | 2,200 | $1.9M | 0.27% |
| 70 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 28,938 | $1.9M | 0.26% |
| 71 | SELECT SECTOR SPDR TR | 81369Y704 | 10,500 | $1.6M | 0.23% |
| 72 | SELECT SECTOR SPDR TR | 81369Y886 | 36,768 | $1.6M | 0.22% |
| 73 | SPOTIFY TECHNOLOGY S A | SPOT | 2,695 | $1.6M | 0.22% |
| 74 | ASTERA LABS INC | ALAB | 8,803 | $1.5M | 0.21% |
| 75 | ISHARES TR | 464287655 | 5,677 | $1.4M | 0.20% |
| 76 | SOCIEDAD QUIMICA Y MINERA DE | 833635105 | 19,555 | $1.3M | 0.19% |
| 77 | TERNS PHARMACEUTICALS INC | TERN | 33,070 | $1.3M | 0.19% |
| 78 | DBV TECHNOLOGIES S A | DBVTF | 64,500 | $1.2M | 0.18% |
| 79 | NURIX THERAPEUTICS INC | NRIX | 58,898 | $1.1M | 0.16% |
| 80 | WALMART INC | WMT | 9,879 | $1.1M | 0.16% |
| 81 | PEPGEN INC | PEPG | 160,000 | $1.0M | 0.15% |
| 82 | JOYY INC | JOYY | 15,654 | $1.0M | 0.14% |
| 83 | APPLE INC | AAPL | 3,555 | $966,462 | 0.14% |
| 84 | BOEING CO | BA-PA | 4,400 | $955,328 | 0.14% |
| 85 | ISHARES TR | 464287432 | 10,294 | $897,225 | 0.13% |
| 86 | UNITY SOFTWARE INC | U | 20,000 | $883,400 | 0.13% |
| 87 | MONGODB INC | MDB | 2,070 | $868,758 | 0.12% |
| 88 | CORNING INC | GLW | 9,222 | $807,478 | 0.11% |
| 89 | TAKE-TWO INTERACTIVE SOFTWAR | TTWO | 3,024 | $774,235 | 0.11% |
| 90 | GRAB HOLDINGS LIMITED | GRABW | 148,974 | $743,380 | 0.11% |
| 91 | SIGMA LITHIUM CORPORATION | SGML | 50,000 | $659,500 | 0.09% |
| 92 | ROBLOX CORP | RBLX | 8,047 | $652,048 | 0.09% |
| 93 | RYANAIR HOLDINGS PLC | RYAOF | 8,707 | $628,558 | 0.09% |
| 94 | LYFT INC | LYFT | 32,158 | $622,900 | 0.09% |
| 95 | MUELLER INDS INC | 624756102 | 5,357 | $614,984 | 0.09% |
| 96 | FIGMA INC | FIG | 16,430 | $613,989 | 0.09% |
| 97 | VANECK ETF TRUST | 92189F676 | 1,700 | $612,221 | 0.09% |
| 98 | ADOBE INC | ADBE | 1,649 | $577,134 | 0.08% |
| 99 | SOLARIS ENERGY INFRAS INC | SEI | 12,540 | $576,464 | 0.08% |
| 100 | KANZHUN LIMITED | BZ | 28,134 | $573,371 | 0.08% |
| 101 | XPENG INC | XPNGF | 27,700 | $561,756 | 0.08% |
| 102 | SERVICETITAN INC | TTAN | 5,127 | $546,026 | 0.08% |
| 103 | SALESFORCE INC | CRM | 2,059 | $545,450 | 0.08% |
| 104 | IREN LIMITED | IREN | 14,020 | $529,535 | 0.08% |
| 105 | AMAZON COM INC | AMZN | 2,237 | $516,344 | 0.07% |
| 106 | MP MATERIALS CORP | MP | 10,000 | $505,200 | 0.07% |
| 107 | NIO INC | NIOIF | 90,000 | $459,000 | 0.07% |
| 108 | GENERAC HLDGS INC | GNRC | 3,000 | $409,110 | 0.06% |
| 109 | SAMSARA INC | IOT | 11,500 | $407,675 | 0.06% |
| 110 | TENCENT MUSIC ENTMT GROUP | XHLD | 20,800 | $364,624 | 0.05% |
| 111 | VISA INC | V | 1,023 | $358,776 | 0.05% |
| 112 | SNOWFLAKE INC | SNOW | 1,600 | $350,976 | 0.05% |
| 113 | FERMI INC | FRMI | 35,100 | $280,800 | 0.04% |
| 114 | LI AUTO INC | LAAOF | 16,500 | $279,345 | 0.04% |
| 115 | GDS HLDGS LTD | GDHLF | 7,684 | $268,172 | 0.04% |
| 116 | VERIZON COMMUNICATIONS INC | VZ | 6,000 | $244,380 | 0.03% |
| 117 | RLX TECHNOLOGY INC | RLX | 98,800 | $230,204 | 0.03% |
| 118 | MARVELL TECHNOLOGY INC | MRVL | 2,699 | $229,361 | 0.03% |
| 119 | LULULEMON ATHLETICA INC | LULU | 1,095 | $227,552 | 0.03% |
| 120 | MINISO GROUP HLDG LTD | MSOGF | 11,900 | $223,125 | 0.03% |
| 121 | ASML HOLDING N V | ASMLF | 203 | $217,182 | 0.03% |
| 122 | S&P GLOBAL INC | SPGI | 411 | $214,784 | 0.03% |
| 123 | CHENIERE ENERGY INC | LNG | 1,095 | $212,857 | 0.03% |
| 124 | CHAGEE HLDGS LTD | CHA | 15,300 | $177,939 | 0.03% |
| 125 | SOUNDHOUND AI INC | SOUNW | 12,233 | $121,963 | 0.02% |
| 126 | HUYA INC | HUYA | 33,270 | $95,818 | 0.01% |
| 127 | IQIYI INC | IQ | 32,559 | $62,513 | 0.01% |