Polunin Capital Partners Ltd

CIK 0001629869 · Q2 2026

13F Equity AUM

$407K

+5.7% QoQ

Positions

+3 QoQ

AUM Rank

#8,648

Top 98%

Skill Alpha (FF)

-4.5%/yr^ns

No Clear Edge

Rank #7,518 · Top 90%

vs S&P -10.0%/yr (unadj.)

Quarters Tracked

~8 years

Portfolio Concentration

Top 5: 61.5%Top 10: 92.8%Top 20: 100.0%

ACMR18.9%

JD13.6%

PAGS11.2%

STNE9.7%

BIDUN8.2%

CSIQ7.8%

YMM6.5%

ATHM6.2%

WB5.5%

DQ5.2%

Others (9)7.2%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Technology55.5%

Communication Services21.1%

Consumer Cyclical13.7%

Energy7.8%

Other1.9%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 19Median: 5.22%Avg: 5.26%

0–0.5%

4(0.3%)

0.5–1%

2(1.7%)

1–3%

3(5.2%)

3–5%

0(0.0%)

5%+

10(92.8%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 0Unique: 19vs 20 funds

0%Low

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

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Position Changes This Quarter

New6Increased4Decreased7Exited3

New Positions

JD13.6%

+2.0M

WB5.5%

+2.9M

HIMX2.6%

+697K

TUYA1.3%

+3.0M

MOMO1.2%

+835K

PPLT0.9%

+243K

Increased

STNE9.7%

+154K(+5%)

CSIQ7.8%

+119K(+6%)

ATHM6.2%

+91K(+8%)

MX0.1%

+3K(+5%)

Decreased

CAN0.0%

-1,120,174(-94%)

PAGS11.2%

-86,800(-2%)

YMM6.5%

-54,300(-2%)

DQ5.2%

-27,741(-2%)

ACMR18.9%

-14,820(-2%)

GAU0.8%

-13,100(-1%)

BIDUN8.2%

-5,000(-2%)

Exited

BABA

-862,604

KWEB

-19,226

DOYU

-12,198

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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