Polunin Capital Partners Ltd Diversified Active

Location: London, United Kingdom

CIK: 0001629869 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Jul 10, 2025

Total Value: $612M

Holdings (27)

BABA ALIBABA GROUP HLDG LTD 25.2%

Value $154M Shares 1,426,634 Est. Cost $100.87 Unrealized —

— BRF SA 10.9%

Value $66.81M Shares 16,829,511 Est. Cost $2.59 Unrealized —

JD JD.COM INC 10.9%

Value $66.64M Shares 2,037,856 Est. Cost $30.10 Unrealized —

STNE STONECO LTD 9.2%

Value $56.5M Shares 3,464,288 Est. Cost $13.11 Unrealized —

YMM FULL TRUCK ALLIANCE CO LTD 6.7%

Value $41.24M Shares 3,247,146 Est. Cost $8.88 Unrealized —

PAGS PAGSEGURO DIGITAL LTD 5.8%

Value $35.32M Shares 3,835,371 Est. Cost $11.76 Unrealized -23.3%

ATHM AUTOHOME INC 5.2%

Value $32.03M Shares 1,189,315 Est. Cost $34.76 Unrealized —

UGP ULTRAPAR PARTICIPACOES SA 5.1%

Value $31.4M Shares 9,457,242 Est. Cost $2.81 Unrealized —

BIDU BAIDU INC 5.1%

Value $31.05M Shares 343,872 Est. Cost $76.86 Unrealized —

HSAI HESAI GROUP 4.4%

Value $26.92M Shares 1,180,242 Est. Cost $6.65 Unrealized —

RYAAY RYANAIR HOLDINGS PLC 2.0%

Value $12.38M Shares 210,331 Est. Cost $39.66 Unrealized —

JOYY JOYY INC 1.5%

Value $8.985M Shares 167,377 Est. Cost $36.37 Unrealized —

BVN COMPANIA DE MINAS BUENAVENTU 1.3%

Value $8.103M Shares 499,281 Est. Cost $12.94 Unrealized —

HIMX HIMAX TECHNOLOGIES INC 1.1%

Value $6.984M Shares 758,268 Est. Cost $7.94 Unrealized —

MOMO HELLO GROUP INC 1.0%

Value $6.203M Shares 706,495 Est. Cost $6.12 Unrealized —

WB WEIBO CORP 0.9%

Value $5.481M Shares 561,050 Est. Cost $9.17 Unrealized —

HUYA HUYA INC 0.8%

Value $5.134M Shares 2,078,672 Est. Cost $3.35 Unrealized —

NIU NIU TECHNOLOGIES 0.6%

Value $3.817M Shares 1,072,062 Est. Cost $4.89 Unrealized —

CGAU CENTERRA GOLD INC 0.6%

Value $3.752M Shares 529,115 Est. Cost $6.33 Unrealized +7.6%

DOYU DOUYU INTL HLDGS LTD 0.4%

Value $2.143M Shares 303,530 Est. Cost $10.99 Unrealized —

MX MAGNACHIP SEMICONDUCTOR CORP 0.2%

Value $1.445M Shares 358,495 Est. Cost $13.65 Unrealized -74.5%

KWEB KRANESHARES TRUST 0.2%

Value $1.418M Shares 41,100 Est. Cost $26.92 Unrealized —

ASHR DBX ETF TR 0.2%

Value $1.142M Shares 40,845 Est. Cost $26.74 Unrealized —

TAL TAL EDUCATION GROUP 0.2%

Value $966K Shares 92,426 Est. Cost $4.86 Unrealized —

CAN CANAAN INC 0.2%

Value $963K Shares 1,346,141 Est. Cost $3.23 Unrealized —

HTT QUDIAN INC 0.1%

Value $779K Shares 241,154 Est. Cost $1.20 Unrealized —

LU LUFAX HOLDING LTD 0.0%

Value $246K Shares 89,626 Est. Cost $3.16 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BABA	ALIBABA GROUP HLDG LTD	1,426,634	$154M	25.2%	$100.87	—	—	01609W102
—	BRF SA	16,829,511	$66.81M	10.9%	$2.59	—	—	10552T107
JD	JD.COM INC	2,037,856	$66.64M	10.9%	$30.10	—	—	47215P106
STNE	STONECO LTD	3,464,288	$56.5M	9.2%	$13.11	—	—	G85158106
YMM	FULL TRUCK ALLIANCE CO LTD	3,247,146	$41.24M	6.7%	$8.88	—	—	35969L108
PAGS	PAGSEGURO DIGITAL LTD	3,835,371	$35.32M	5.8%	$11.76	-23.3%	—	G68707101
ATHM	AUTOHOME INC	1,189,315	$32.03M	5.2%	$34.76	—	—	05278C107
UGP	ULTRAPAR PARTICIPACOES SA	9,457,242	$31.4M	5.1%	$2.81	—	—	90400P101
BIDU	BAIDU INC	343,872	$31.05M	5.1%	$76.86	—	—	056752108
HSAI	HESAI GROUP	1,180,242	$26.92M	4.4%	$6.65	—	—	428050108
RYAAY	RYANAIR HOLDINGS PLC	210,331	$12.38M	2.0%	$39.66	—	—	783513203
JOYY	JOYY INC	167,377	$8.985M	1.5%	$36.37	—	—	46591M109
BVN	COMPANIA DE MINAS BUENAVENTU	499,281	$8.103M	1.3%	$12.94	—	—	204448104
HIMX	HIMAX TECHNOLOGIES INC	758,268	$6.984M	1.1%	$7.94	—	—	43289P106
MOMO	HELLO GROUP INC	706,495	$6.203M	1.0%	$6.12	—	—	423403104
WB	WEIBO CORP	561,050	$5.481M	0.9%	$9.17	—	—	948596101
HUYA	HUYA INC	2,078,672	$5.134M	0.8%	$3.35	—	—	44852D108
NIU	NIU TECHNOLOGIES	1,072,062	$3.817M	0.6%	$4.89	—	—	65481N100
CGAU	CENTERRA GOLD INC	529,115	$3.752M	0.6%	$6.33	+7.6%	—	152006102
DOYU	DOUYU INTL HLDGS LTD	303,530	$2.143M	0.4%	$10.99	—	—	25985W204
MX	MAGNACHIP SEMICONDUCTOR CORP	358,495	$1.445M	0.2%	$13.65	-74.5%	—	55933J203
KWEB	KRANESHARES TRUST	41,100	$1.418M	0.2%	$26.92	—	—	500767306
ASHR	DBX ETF TR	40,845	$1.142M	0.2%	$26.74	—	—	233051879
TAL	TAL EDUCATION GROUP	92,426	$966K	0.2%	$4.86	—	—	874080104
CAN	CANAAN INC	1,346,141	$963K	0.2%	$3.23	—	—	134748102
HTT	QUDIAN INC	241,154	$779K	0.1%	$1.20	—	—	747798106
LU	LUFAX HOLDING LTD	89,626	$246K	0.0%	$3.16	—	—	54975P201