Polunin Capital Partners Ltd Diversified Active

Location: London, United Kingdom

CIK: 0001629869 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Jan 25, 2024

Total Value: $534M (100.0% shares, 0.0% debt)

Holdings (27)

BVN COMPANIA DE MINAS BUENAVENTU 12.8%

Value $68.29M Shares 4,481,121 Share Price $15.24 Est. Cost/Share $7.58 Unrealized @ Report Date +101.0%

HMY HARMONY GOLD MINING CO LTD 11.6%

Value $61.98M Shares 10,077,884 Share Price $6.15 Est. Cost/Share $4.09 Unrealized @ Report Date +50.3%

STNE STONECO LTD 11.2%

Value $60.06M Shares 3,331,291 Share Price $18.03 Est. Cost/Share $12.74 Unrealized @ Report Date —

VIPS VIPSHOP HLDGS LTD 9.1%

Value $48.84M Shares 2,750,071 Share Price $17.76 Est. Cost/Share $9.95 Unrealized @ Report Date +78.5%

PAGS PAGSEGURO DIGITAL LTD 8.5%

Value $45.4M Shares 3,640,969 Share Price $12.47 Est. Cost/Share $11.58 Unrealized @ Report Date +7.7%

— BRF SA 8.5%

Value $45.24M Shares 16,274,755 Share Price $2.78 Est. Cost/Share $2.52 Unrealized @ Report Date —

KGC KINROSS GOLD CORP 6.7%

Value $35.65M Shares 5,892,728 Share Price $6.05 Est. Cost/Share $3.95 Unrealized @ Report Date +53.0%

CIG CIA ENERGETICA DE MINAS GERA 5.1%

Value $27.43M Shares 11,824,717 Share Price $2.32 Est. Cost/Share $2.47 Unrealized @ Report Date -6.0%

ATHM AUTOHOME INC 5.1%

Value $27.34M Shares 974,268 Share Price $28.06 Est. Cost/Share $30.92 Unrealized @ Report Date -9.2%

PAAS PAN AMERN SILVER CORP 4.7%

Value $25.25M Shares 1,546,038 Share Price $16.33 Est. Cost/Share $16.00 Unrealized @ Report Date +2.1%

— NATURA &CO HLDG S A 4.3%

Value $22.76M Shares 3,327,226 Share Price $6.84 Est. Cost/Share $6.97 Unrealized @ Report Date —

IAG IAMGOLD CORP 3.8%

Value $20.31M Shares 8,026,955 Share Price $2.53 Est. Cost/Share $2.89 Unrealized @ Report Date -12.6%

EQX EQUINOX GOLD CORP 1.1%

Value $5.621M Shares 1,149,400 Share Price $4.89 Est. Cost/Share $3.50 Unrealized @ Report Date +39.7%

MOMO HELLO GROUP INC 1.0%

Value $5.213M Shares 750,095 Share Price $6.95 Est. Cost/Share $4.90 Unrealized @ Report Date +41.8%

HIMX HIMAX TECHNOLOGIES INC 0.9%

Value $4.875M Shares 803,068 Share Price $6.07 Est. Cost/Share $10.84 Unrealized @ Report Date -44.0%

HUYA HUYA INC 0.8%

Value $4.523M Shares 1,235,700 Share Price $3.66 Est. Cost/Share $2.56 Unrealized @ Report Date +43.2%

CGAU CENTERRA GOLD INC 0.8%

Value $4.438M Shares 561,015 Share Price $7.91 * Est. Cost/Share $6.70 Unrealized @ Report Date -15.2%

JOYY JOYY INC 0.8%

Value $4.399M Shares 110,800 Share Price $39.70 Est. Cost/Share $39.76 Unrealized @ Report Date -0.1%

CAN CANAAN INC 0.6%

Value $3.262M Shares 1,412,141 Share Price $2.31 Est. Cost/Share $3.76 Unrealized @ Report Date -38.5%

— DOUYU INTL HLDGS LTD 0.6%

Value $3.055M Shares 3,215,500 Share Price $0.95 Est. Cost/Share $1.04 Unrealized @ Report Date —

MX MAGNACHIP SEMICONDUCTOR CORP 0.5%

Value $2.816M Shares 375,495 Share Price $7.50 Est. Cost/Share $13.65 Unrealized @ Report Date -45.0%

NIU NIU TECHNOLOGIES 0.5%

Value $2.466M Shares 1,126,062 Share Price $2.19 Est. Cost/Share $3.85 Unrealized @ Report Date -43.1%

KWEB KRANESHARES TR 0.3%

Value $1.369M Shares 50,700 Share Price $27.00 Est. Cost/Share $27.81 Unrealized @ Report Date -2.9%

ASHR DBX ETF TR 0.2%

Value $1.206M Shares 50,445 Share Price $23.91 Est. Cost/Share $28.25 Unrealized @ Report Date -15.4%

TAL TAL EDUCATION GROUP 0.2%

Value $1.205M Shares 95,426 Share Price $12.63 Est. Cost/Share $3.82 Unrealized @ Report Date +230.5%

UGP ULTRAPAR PARTICIPACOES SA 0.1%

Value $535K Shares 98,700 Share Price $5.42 Est. Cost/Share $3.29 Unrealized @ Report Date +64.6%

HTT QUDIAN INC 0.1%

Value $492K Shares 241,154 Share Price $2.04 Est. Cost/Share $1.18 Unrealized @ Report Date +73.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BVN	COMPANIA DE MINAS BUENAVENTU	4,481,121	$68.29M	12.8%	$15.24	$7.58	+101.0%	SPONSORED ADR	204448104
HMY	HARMONY GOLD MINING CO LTD	10,077,884	$61.98M	11.6%	$6.15	$4.09	+50.3%	SPONSORED ADR	413216300
STNE	STONECO LTD	3,331,291	$60.06M	11.2%	$18.03	$12.74	—	COM CL A	G85158106
VIPS	VIPSHOP HLDGS LTD	2,750,071	$48.84M	9.1%	$17.76	$9.95	+78.5%	SPONSORED ADS A	92763W103
PAGS	PAGSEGURO DIGITAL LTD	3,640,969	$45.4M	8.5%	$12.47	$11.58	+7.7%	COM CL A	G68707101
—	BRF SA	16,274,755	$45.24M	8.5%	$2.78	$2.52	—	SPONSORED ADR	10552T107
KGC	KINROSS GOLD CORP	5,892,728	$35.65M	6.7%	$6.05	$3.95	+53.0%	COM	496902404
CIG	CIA ENERGETICA DE MINAS GERA	11,824,717	$27.43M	5.1%	$2.32	$2.47	-6.0%	SP ADR N-V PFD	204409601
ATHM	AUTOHOME INC	974,268	$27.34M	5.1%	$28.06	$30.92	-9.2%	SP ADS RP CL A	05278C107
PAAS	PAN AMERN SILVER CORP	1,546,038	$25.25M	4.7%	$16.33	$16.00	+2.1%	COM	697900108
—	NATURA &CO HLDG S A	3,327,226	$22.76M	4.3%	$6.84	$6.97	—	ADS	63884N108
IAG	IAMGOLD CORP	8,026,955	$20.31M	3.8%	$2.53	$2.89	-12.6%	COM	450913108
EQX	EQUINOX GOLD CORP	1,149,400	$5.621M	1.1%	$4.89	$3.50	+39.7%	COM	29446Y502
MOMO	HELLO GROUP INC	750,095	$5.213M	1.0%	$6.95	$4.90	+41.8%	ADS	423403104
HIMX	HIMAX TECHNOLOGIES INC	803,068	$4.875M	0.9%	$6.07	$10.84	-44.0%	SPONSORED ADR	43289P106
HUYA	HUYA INC	1,235,700	$4.523M	0.8%	$3.66	$2.56	+43.2%	ADS REP SHS A	44852D108
CGAU	CENTERRA GOLD INC	561,015	$4.438M	0.8%	$7.91 *	$6.70	-15.2%	COM	152006102
JOYY	JOYY INC	110,800	$4.399M	0.8%	$39.70	$39.76	-0.1%	ADS REPSTG COM A	46591M109
CAN	CANAAN INC	1,412,141	$3.262M	0.6%	$2.31	$3.76	-38.5%	SPONSORED ADS	134748102
—	DOUYU INTL HLDGS LTD	3,215,500	$3.055M	0.6%	$0.95	$1.04	—	SPONSORED ADS	25985W105
MX	MAGNACHIP SEMICONDUCTOR CORP	375,495	$2.816M	0.5%	$7.50	$13.65	-45.0%	COM	55933J203
NIU	NIU TECHNOLOGIES	1,126,062	$2.466M	0.5%	$2.19	$3.85	-43.1%	ADS	65481N100
KWEB	KRANESHARES TR	50,700	$1.369M	0.3%	$27.00	$27.81	-2.9%	CSI CHI INTERNET	500767306
ASHR	DBX ETF TR	50,445	$1.206M	0.2%	$23.91	$28.25	-15.4%	XTRACK HRVST CSI	233051879
TAL	TAL EDUCATION GROUP	95,426	$1.205M	0.2%	$12.63	$3.82	+230.5%	SPONSORED ADS	874080104
UGP	ULTRAPAR PARTICIPACOES SA	98,700	$535K	0.1%	$5.42	$3.29	+64.6%	SP ADR REP COM	90400P101
HTT	QUDIAN INC	241,154	$492K	0.1%	$2.04	$1.18	+73.1%	ADR	747798106