Polar Capital Holdings Plc
Long book
$22.89B
Q1 2026
Positions
239
Top-10 weight
31%
concentration
Last quarter
+35.3%
SPY +14.8%
Turnover
27%
of book per quarter
Strategy in plain words
auto-generated from filingsPolar Capital Holdings Plc is an institutional manager, running a $22.89B US long book across 239 positions.
The portfolio is moderately concentrated (top 10 ≈ 31% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, BROADCOM INC, ADVANCED MICRO DEVICES, META PLATFORMS INC-CLASS A, SANDISK CORP.
Over the last 9 quarters its long book ran on average 4.9pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.4%
Q2 2024
+2.1%
Q3 2024
+4.0%
Q4 2024
-9.1%
Q1 2025
+22.5%
Q2 2025
+14.8%
Q3 2025
+7.7%
Q4 2025
+2.3%
Q1 2026
+35.3%
Sector allocation
Technology 51%
Healthcare 16%
Financials 14%
Industrials 8%
Other 6%
Consumer discretionary 2%
Services media 1%
Communications 1%
Long book by quarter
What does Polar Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 11.8M | $2.06B | 9.0% | +21.8% |
| AVGO BROADCOM INC | Technology | 2.9M | $889.3M | 3.9% | +5.8% |
| AMD ADVANCED MICRO DEVICES | Technology | 3.4M | $692.8M | 3.0% | +23.4% |
| META META PLATFORMS INC-CLASS A | Technology | 1.0M | $600.2M | 2.6% | +19.6% |
| SNDK SANDISK CORP | Technology | 877.0K | $557.2M | 2.4% | -30.8% |
| LITE LUMENTUM HOLDINGS INC | Technology | 719.5K | $505.6M | 2.2% | -30.1% |
| COHR COHERENT CORP | Other | 2.0M | $471.2M | 2.1% | +16.0% |
| GLW CORNING INC | Industrials | 3.3M | $453.3M | 2.0% | +45.8% |
| GOOGL ALPHABET INC-CL A | Technology | 1.4M | $412.0M | 1.8% | -8.1% |
| LRCX LAM RESEARCH CORP | Industrials | 1.9M | $408.8M | 1.8% | -33.4% |
| KLAC KLA CORP | Other | 271.3K | $399.5M | 1.7% | -20.7% |
| VRT VERTIV HOLDINGS CO-A | Technology | 1.5M | $386.1M | 1.7% | +86.2% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 933.9K | $365.8M | 1.6% | -24.0% |
| GOOG ALPHABET INC-CL C | Technology | 1.3M | $365.1M | 1.6% | -15.7% |
| INTC INTEL CORP | Technology | 8.1M | $356.8M | 1.6% | +195.0% |
| MU MICRON TECHNOLOGY INC | Technology | 1.0M | $346.7M | 1.5% | -6.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.6M | $338.1M | 1.5% | +18.6% |
| RNR RENAISSANCERE HOLDINGS LTD | Financials | 1.1M | $332.9M | 1.5% | -12.5% |
| AAPL APPLE INC | Technology | 1.3M | $328.9M | 1.4% | -12.0% |
| ACGL ARCH CAPITAL GROUP LTD | Financials | 3.3M | $316.8M | 1.4% | -0.9% |
| CIEN CIENA CORP | Technology | 798.4K | $310.0M | 1.4% | -38.1% |
| CLS CELESTICA INC | Technology | 1.1M | $300.0M | 1.3% | +5.3% |
| TTMI TTM TECHNOLOGIES | Technology | 2.9M | $284.9M | 1.2% | +12.6% |
| ANET ARISTA NETWORKS INC | Technology | 2.2M | $273.9M | 1.2% | +79.2% |
| WDC WESTERN DIGITAL CORP | Technology | 972.4K | $263.0M | 1.1% | +6.5% |
| LLY ELI LILLY & CO | Healthcare | 281.1K | $258.5M | 1.1% | +5.0% |
| XENE XENON PHARMACEUTICALS INC | Healthcare | 4.4M | $256.2M | 1.1% | +78.7% |
| GEV GE VERNOVA INC | Industrials | 288.0K | $251.4M | 1.1% | +16.1% |
| MSFT MICROSOFT CORP | Technology | 659.2K | $244.0M | 1.1% | -38.1% |
| CB CHUBB LTD | Financials | 743.7K | $242.4M | 1.1% | +4.0% |
| NET CLOUDFLARE INC - CLASS A | Technology | 1.2M | $240.2M | 1.0% | +25.1% |
| FLEX FLEX LTD | Technology | 3.6M | $236.3M | 1.0% | -2.2% |
| FORM FORMFACTOR INC | Technology | 2.3M | $222.3M | 1.0% | New |
| MRSH MARSH & MCLENNAN COS | Financials | 1.2M | $211.6M | 0.9% | +26.4% |
| MTSI MACOM TECHNOLOGY SOLUTIONS H | Technology | 930.8K | $206.7M | 0.9% | New |
| ELVN ENLIVEN THERAPEUTICS INC | Healthcare | 5.1M | $198.6M | 0.9% | +44.2% |
| FN FABRINET | Technology | 365.9K | $190.8M | 0.8% | -33.7% |
| NUVL NUVALENT INC-A | Healthcare | 1.8M | $187.6M | 0.8% | +19.2% |
| BBIO BRIDGEBIO PHARMA INC | Healthcare | 2.5M | $187.1M | 0.8% | +93.9% |
| SHOP SHOPIFY INC - CLASS A | Technology | 1.4M | $171.0M | 0.7% | -14.2% |
| MKL MARKEL GROUP INC | Financials | 80.0K | $153.1M | 0.7% | +3.9% |
| MDGL MADRIGAL PHARMACEUTICALS INC | Healthcare | 289.3K | $151.4M | 0.7% | +7.1% |
| WRB WR BERKLEY CORP | Financials | 2.3M | $150.8M | 0.7% | -7.0% |
| ESNT ESSENT GROUP LTD | Financials | 2.5M | $149.0M | 0.7% | +4.1% |
| AKAM AKAMAI TECHNOLOGIES INC | Services media | 1.3M | $148.9M | 0.7% | New |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 192.5K | $148.8M | 0.6% | -6.0% |
| RYTM RHYTHM PHARMACEUTICALS INC | Healthcare | 1.6M | $140.5M | 0.6% | +36.3% |
| TRV TRAVELERS COS INC/THE | Financials | 477.5K | $139.3M | 0.6% | -2.6% |
| ARQT ARCUTIS BIOTHERAPEUTICS INC | Healthcare | 5.7M | $133.5M | 0.6% | +2.0% |
| EG EVEREST GROUP LTD | Financials | 403.5K | $131.9M | 0.6% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 242 | $28.16B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 264 | $25.88B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 254 | $20.78B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 270 | $19.11B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 286 | $16.42B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 296 | $17.88B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 289 | $20.96B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 272 | $16.97B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 278 | $19.07B | canonical | SEC ↗ |
Similar funds
MASSACHUSETTS FINANCIAL SERVICES CO /MA/JENNISON ASSOCIATES LLCNational Pension ServiceFIL LtdClearbridge Investments, LLCDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainNORDEA INVESTMENT MANAGEMENT ABBoston PartnersSwedbank AB1832 Asset Management L.P. HARRIS ASSOCIATES L PLOOMIS SAYLES & CO L P