13F
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Polar Capital Holdings Plc

13F equity value
$22.9B
Positions
239
Top 10 concentration
30.8%
Quarters / total new picks
20 / 504
13F equity value over time
$0M$12B$25B2020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 20 quarters, returned +2.0% per quarter — versus +1.8% per quarter from simply owning every 13F stock. It beat that baseline in only 60.0% of quarters (excess t = -0.52, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-1.3%
t-stat
-0.52
Quarterly win rate
60%
Annualized excess
-0.5%
$1 → follow vs universe
$1.31 vs $1.34
Cumulative return: $1 invested in new picks vs universe
1.00 20210331: universe 1.00920210630: universe 1.09020210930: universe 0.97820211231: universe 0.83220220331: universe 0.89420220630: universe 0.82820220930: universe 0.88920221231: universe 0.82620230331: universe 0.87020230630: universe 0.83920230930: universe 0.95220231231: universe 0.99520240331: universe 1.01720240630: universe 1.11020240930: universe 1.10020241231: universe 1.02720250331: universe 1.11920250630: universe 1.15520250930: universe 1.29820251231: universe 1.343 20210331: follow 1.07320210630: follow 1.11320210930: follow 0.85620211231: follow 0.70520220331: follow 0.77320220630: follow 0.67220220930: follow 0.72720221231: follow 0.65920230331: follow 0.63220230630: follow 0.64420230930: follow 0.73620231231: follow 0.79120240331: follow 0.82220240630: follow 0.93320240930: follow 0.98120241231: follow 0.92020250331: follow 0.93420250630: follow 1.02620250930: follow 1.13320251231: follow 1.313 0.58 1.02 1.45 20212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 239 · 2026 Q1

Ticker Value Weight QoQ
NVDA $2.1B
9.0%
ADD
AVGO $889M
3.9%
ADD
AMD $693M
3.0%
ADD
META $600M
2.6%
ADD
SNDK $557M
2.4%
TRIM
LITE $506M
2.2%
TRIM
COHR $471M
2.1%
ADD
GLW $453M
2.0%
ADD
GOOGL $412M
1.8%
TRIM
LRCX $409M
1.8%
TRIM
KLAC $399M
1.7%
TRIM
VRT $386M
1.7%
ADD
STX $366M
1.6%
TRIM
GOOG $365M
1.6%
TRIM
INTC $357M
1.6%
ADD
MU $347M
1.5%
TRIM
AMZN $338M
1.5%
ADD
RNR $333M
1.5%
TRIM
AAPL $329M
1.4%
TRIM
ACGL $317M
1.4%
HOLD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

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Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.