Polunin Capital Partners Ltd Diversified Active

Location: London, United Kingdom

CIK: 0001629869 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Jul 15, 2026

Total Value: $407M

Holdings (19)

New Positions (6)

JD JD.COM INC 13.6%

Value $55.47M Shares 1,967,136 Est. Cost $28.20 Unrealized —

WB WEIBO CORP 5.5%

Value $22.59M Shares 2,926,338 Est. Cost $7.72 Unrealized —

HIMX HIMAX TECHNOLOGIES INC 2.6%

Value $10.62M Shares 696,950 Est. Cost $15.23 Unrealized —

TUYA TUYA INC 1.3%

Value $5.443M Shares 2,958,145 Est. Cost $1.84 Unrealized —

MOMO HELLO GROUP INC 1.2%

Value $5.061M Shares 835,119 Est. Cost $6.06 Unrealized —

PPLT ABRDN PLATINUM ETF TRUST 0.9%

Value $3.595M Shares 243,370 Est. Cost $14.77 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JD	JD.COM INC	1,967,136	$55.47M	13.6%	$28.20	—	—	47215P106
WB	WEIBO CORP	2,926,338	$22.59M	5.5%	$7.72	—	—	948596101
HIMX	HIMAX TECHNOLOGIES INC	696,950	$10.62M	2.6%	$15.23	—	—	43289P106
TUYA	TUYA INC	2,958,145	$5.443M	1.3%	$1.84	—	—	90114C107
MOMO	HELLO GROUP INC	835,119	$5.061M	1.2%	$6.06	—	—	423403104
PPLT	ABRDN PLATINUM ETF TRUST	243,370	$3.595M	0.9%	$14.77	—	—	003260106

Increased Positions (4)

STNE STONECO LTD 9.7%

Value $39.34M (-17.8%) Shares 3,508,909 (+4.6%) Est. Cost $13.02 Unrealized —

CSIQ CANADIAN SOLAR INC 7.8%

Value $31.85M (+24.3%) Shares 2,120,414 (+5.9%) Est. Cost $21.42 Unrealized —

ATHM AUTOHOME INC 6.1%

Value $25.05M (+25.4%) Shares 1,234,149 (+8.0%) Est. Cost $33.69 Unrealized —

MX MAGNACHIP SEMICONDUCTOR CORP 0.1%

Value $240K (+46.3%) Shares 59,811 (+4.9%) Est. Cost $13.20 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
STNE	STONECO LTD	3,508,909 (+4.6%)	$39.34M (-17.8%)	9.7%	$13.02	—	—	G85158106
CSIQ	CANADIAN SOLAR INC	2,120,414 (+5.9%)	$31.85M (+24.3%)	7.8%	$21.42	—	—	136635109
ATHM	AUTOHOME INC	1,234,149 (+8.0%)	$25.05M (+25.4%)	6.1%	$33.69	—	—	05278C107
MX	MAGNACHIP SEMICONDUCTOR CORP	59,811 (+4.9%)	$240K (+46.3%)	0.1%	$13.20	—	—	55933J203

Exited Positions (3)

BABA ALIBABA GROUP HLDG LTD 25.9%

Value $106M Shares 862,604 Est. Cost $100.87 Unrealized —

KWEB KRANESHARES TRUST 0.1%

Value $541K Shares 19,226 Est. Cost $26.92 Unrealized —

DOYU DOUYU INTL HLDGS LTD 0.0%

Value $59,000 Shares 12,198 Est. Cost $10.99 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BABA	ALIBABA GROUP HLDG LTD	862,604	$106M	25.9%	$100.87	—	—	01609W102
KWEB	KRANESHARES TRUST	19,226	$541K	0.1%	$26.92	—	—	500767306
DOYU	DOUYU INTL HLDGS LTD	12,198	$59,000	0.0%	$10.99	—	—	25985W204

Decreased Positions (6)

ACMR ACM RESH INC 18.9%

Value $77.09M (+142.4%) Shares 748,498 (-1.9%) Est. Cost $57.07 Unrealized —

DQ DAQO NEW ENERGY CORP 5.2%

Value $21.27M (-41.5%) Shares 1,714,923 (-1.6%) Est. Cost $27.26 Unrealized —

PAGS PAGSEGURO DIGITAL LTD 11.2%

Value $45.49M (-14.5%) Shares 4,918,011 (-1.7%) Est. Cost $11.31 Unrealized —

BIDU BAIDU INC 8.2%

Value $33.31M (+3.8%) Shares 283,440 (-1.7%) Est. Cost $87.68 Unrealized —

CAN CANAAN INC 0.0%

Value $23,000 (-95.4%) Shares 74,382 (-93.8%) Est. Cost $3.23 Unrealized —

YMM FULL TRUCK ALLIANCE CO LTD 6.5%

Value $26.55M (+1.7%) Shares 3,098,533 (-1.7%) Est. Cost $8.88 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ACMR	ACM RESH INC	748,498 (-1.9%)	$77.09M (+142.4%)	18.9%	$57.07	—	—	00108J109
DQ	DAQO NEW ENERGY CORP	1,714,923 (-1.6%)	$21.27M (-41.5%)	5.2%	$27.26	—	—	23703Q203
PAGS	PAGSEGURO DIGITAL LTD	4,918,011 (-1.7%)	$45.49M (-14.5%)	11.2%	$11.31	—	—	G68707101
BIDU	BAIDU INC	283,440 (-1.7%)	$33.31M (+3.8%)	8.2%	$87.68	—	—	056752108
CAN	CANAAN INC	74,382 (-93.8%)	$23,000 (-95.4%)	0.0%	$3.23	—	—	134748102
YMM	FULL TRUCK ALLIANCE CO LTD	3,098,533 (-1.7%)	$26.55M (+1.7%)	6.5%	$8.88	—	—	35969L108

Unchanged Positions (3)

GAU GALIANO GOLD INC 0.8%

Value $3.43M Shares 1,834,017 Est. Cost $2.47 Unrealized —

ASHR DBX ETF TR 0.2%

Value $820K Shares 23,183 Est. Cost $26.74 Unrealized —

BZUN BAOZUN INC 0.0%

Value $171K Shares 60,222 Est. Cost $3.94 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GAU	GALIANO GOLD INC	1,834,017	$3.43M	0.8%	$2.47	—	—	36352H100
ASHR	DBX ETF TR	23,183	$820K	0.2%	$26.74	—	—	233051879
BZUN	BAOZUN INC	60,222	$171K	0.0%	$3.94	—	—	06684L103