AI Portfolio Summary
In 2025 Q4, Polunin Capital Partners Ltd maintained a portfolio of 26 distinct positions. The most significant new addition to the portfolio was CANADIAN SOLAR INC, which now represents 6.73% of the total fund value. They heavily accumulated shares in ALIBABA GROUP HLDG L, increasing their position by 0.2%. Conversely, Polunin Capital Partners Ltd completely exited their position in RYANAIR HOLDINGS PLC.
Total Positions
26
Quarter
2025 Q4
Top Holding
BABA (35.3%)
Top 10 Concentration
92.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 26
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
BABA
ALIBABA GROUP H...
|
Consumer Cyclical | 35.26% | 38.20% |
#1
Prev: #1
|
10.0 | 2,088 | 0.2% |
P
S
|
1,383,722 | $228,868,000 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BIDU
BAIDU INC
|
Communication Services | 9.53% | 8.61% |
#2
2
Prev: #4
|
5.8 | 1,128 | 0.3% |
P
S
|
413,496 | $61,830,000 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JD
JD.COM INC
|
Consumer Cyclical | 8.67% | 10.26% |
#3
1
Prev: #2
|
3.5 | -24,188 | -1.2% |
P
S
|
1,947,668 | $56,288,000 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
STNE
STONECO LTD
|
Technology | 7.49% | 8.88% |
#4
1
Prev: #3
|
3.0 | -2,425 | -0.1% |
P
S
|
3,356,763 | $48,639,000 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PAGS
PAGSEGURO DIGIT...
|
Technology | 6.91% | 6.10% |
#5
1
Prev: #6
|
4.8 | 16,700 | 0.4% |
P
S
|
4,450,160 | $44,858,000 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CSIQ
CANADIAN SOLAR ...
|
Technology | 6.73% | — |
#6
Prev: #—
|
4.7 | 2,009,769 | no change |
NEW
|
2,009,769 | $43,692,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DQ
DAQO NEW ENERGY...
|
Technology | 5.66% | 5.47% |
#7
Prev: #7
|
4.3 | 174,747 | 13.6% |
P
S
|
1,458,705 | $36,730,000 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
YMM
FULL TRUCK ALLI...
|
Technology | 4.79% | 6.19% |
#8
3
Prev: #5
|
3.9 | 6,787 | 0.2% |
P
S
|
3,152,133 | $31,080,000 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ATHM
AUTOHOME INC
|
Communication Services | 4.07% | 4.82% |
#9
1
Prev: #8
|
1.6 | -9,349 | -0.8% |
P
S
|
1,143,866 | $26,412,000 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BVN
COMPANIA DE MIN...
|
Basic Materials | 2.89% | 1.80% |
#10
Prev: #10
|
3.2 | 41,100 | 8.2% |
P
S
|
540,381 | $18,740,000 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JOYY
JOYY INC
|
ETF | 1.62% | 1.41% |
#11
Prev: #11
|
0.7 | -11,937 | -7.3% |
P
S
|
151,493 | $10,527,000 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HUYA
HUYA INC
|
Communication Services | 1.55% | 1.21% |
#12
Prev: #12
|
2.6 | 207,042 | 8.2% |
P
S
|
2,719,977 | $10,091,000 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CGAU
CENTERRA GOLD I...
|
Basic Materials | 1.26% | 0.86% |
#13
3
Prev: #16
|
0.5 | -24,086 | -4.7% |
P
S
|
491,629 | $8,190,000 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HIMX
HIMAX TECHNOLOG...
|
Technology | 0.94% | 0.94% |
#14
1
Prev: #15
|
0.4 | -32,618 | -4.4% |
P
S
|
706,750 | $6,071,000 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MOMO
HELLO GROUP INC
|
Communication Services | 0.92% | 0.98% |
#15
2
Prev: #13
|
0.4 | -36,150 | -4.1% |
P
S
|
853,219 | $5,964,000 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GAU
GALIANO GOLD IN...
|
Basic Materials | 0.80% | — |
#16
Prev: #—
|
2.3 | 1,860,217 | no change |
NEW
|
1,860,217 | $5,171,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DOYU
DOUYU INTL HLDG...
|
Communication Services | 0.29% | 0.32% |
#17
Prev: #17
|
0.1 | -15,602 | -5.3% |
P
S
|
277,828 | $1,889,000 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MX
MAGNACHIP SEMIC...
|
Technology | 0.16% | 0.16% |
#18
3
Prev: #21
|
0.1 | -12,947 | -3.7% |
P
S
|
335,148 | $1,015,000 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CAN
CANAAN INC
|
Technology | 0.15% | 0.25% |
#19
Prev: #19
|
0.1 | -110,285 | -8.5% |
P
S
|
1,194,556 | $942,000 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ASHR
DBX ETF TR
|
ETF | 0.12% | 0.20% |
#20
Prev: #20
|
0.2 | -17,662 | -43.2% |
P
S
|
23,183 | $778,000 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KWEB
KRANESHARES TRU...
|
Bond/Debt | 0.11% | 0.26% |
#21
3
Prev: #18
|
0.2 | -21,874 | -53.2% |
P
S
|
19,226 | $687,000 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QD
HIGH TEMPLAR TE...
|
Financial Services | 0.05% | 0.16% |
#22
Prev: #22
|
0.2 | -128,351 | -53.2% |
P
S
|
112,803 | $342,000 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BZUN
BAOZUN INC
|
Consumer Cyclical | 0.03% | 0.06% |
#23
Prev: #23
|
0.1 | -47,401 | -44.0% |
P
S
|
60,222 | $168,000 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LU
LUFAX HOLDING L...
|
Financial Services | 0.02% | 0.05% |
#24
Prev: #24
|
0.2 | -47,702 | -53.2% |
P
S
|
41,924 | $110,000 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RYAAY
RYANAIR HOLDING...
|
Industrials | 0.00% | 1.84% |
Sold All 😨
(Was: #9) |
0.3 | -210,331 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NIU
NIU TECHNOLOGIE...
|
Consumer Cyclical | 0.00% | 0.97% |
Sold All 😨
(Was: #14) |
0.3 | -1,460,883 | -100.0% |
CLOSED
|
— | $— | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 26 holdings