Polar Capital Holdings Plc

Diversified strategySector-focusedMomentum follower

Total reported value

$28.2B

Reporting period: 2026-03-31 · Number of holdings: 242

Polar Capital Holdings Plc disclosed 242 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $28.2B and a quarterly turnover rate of 34.9%.

Personality snowflake

Concentration: 11.82
Portfolio Stability: 34.86
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 100
Sizing Uniformity: 75.33

Recent moves

Add GOOGL
+63.0%　$863.1M
Trim MSFT
+21.1%　-$125.0M
Add INTC
+195.0%　$255.7M
Add VRT
+86.2%　$252.0M
Add GLW
+45.8%　$253.1M
Add SNDK
-30.8%　$256.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 239 holdings (of 242 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	9.25%	+2.51%	+63.03%
2	AAPL	Apple INC	Stock-Tech	7.34%	-0.17%	+13.89%
3	NVDA	Nvidia CORP	Stock-Tech	7.31%	+0.32%	+21.79%
4	MSFT	Microsoft CORP	Stock-Tech	5.61%	-0.97%	+21.07%
5	AVGO	Broadcom INC	Stock-Tech	3.16%	-0.47%	+5.76%
6	AMD	Advanced Micro Devices	Stock-Tech	2.46%	+0.18%	+23.42%
7	META	Meta Platforms Inc-class A	Stock-Comm Services	2.13%	—	+19.61%
8	SNDK	Sandisk CORP	Stock-Tech	1.98%	+0.82%	-30.85%
9	LITE	Lumentum Holdings INC	Stock-Tech	1.80%	+0.33%	-30.10%
10	COHR	Coherent CORP	Stock-Tech	1.67%	+0.45%	+15.96%
11	GLW	Corning INC	Stock-Tech	1.61%	+0.84%	+45.84%
12	LRCX	Lam Research CORP	Stock-Tech	1.45%	-0.45%	-33.42%
13	KLAC	Kla CORP	Stock-Tech	1.42%	—	-20.71%
14	VRT	Vertiv Holdings Co-a	Stock-Industrials	1.37%	+0.85%	+86.15%
15	STX	Seagate Technology Holdings plc	Stock-Tech	1.30%	—	-24.04%
16	GOOG	Alphabet Inc-cl C	Stock-Comm Services	1.30%	-0.53%	-15.69%
17	INTC	Intel CORP	Stock-Tech	1.27%	+0.88%	+194.98%
18	MU	Micron Technology INC	Stock-Tech	1.23%	—	-6.53%
19	AMZN	Amazon.com INC	Stock-Consumer Disc	1.20%	—	+18.61%
20	RNR	RenaissanceRe Holdings Ltd.	Stock-Financials	1.18%	—	-12.50%
21	ACGL	Arch Capital Group Ltd.	Stock-Financials	1.12%	—	-0.90%
22	CIEN	Ciena CORP	Stock-Tech	1.10%	—	-38.08%
23	CLS	Celestica INC	Stock-Tech	1.07%	—	+5.34%
24	TTMI	Ttm Technologies	Stock-Tech	1.01%	+0.32%	+12.58%
25	ANET	Arista Networks INC	Stock-Tech	0.97%	+0.34%	+79.24%
26	WDC	Western Digital CORP	Stock-Tech	0.93%	+0.32%	+6.49%
27	LLY	Eli Lilly & Co	Stock-Healthcare	0.92%	—	+5.02%
28	XENE	Xenon Pharmaceuticals INC	Stock-Other	0.91%	+0.48%	+78.66%
29	GEV	GE Vernova INC	Stock-Industrials	0.89%	+0.26%	+16.11%
30	CB	Chubb Limited	Stock-Financials	0.86%	—	+4.02%
31	NET	Cloudflare INC - Class A	Stock-Tech	0.85%	+0.14%	+25.12%
32	FLEX	Flex Ltd.	Stock-Tech	0.84%	—	-2.24%
33	FORM	Formfactor INC	Stock-Tech	0.79%	+0.79%	NEW
34	MRSH	Marsh & Mclennan Cos	Stock-Financials	0.75%	—	+26.42%
35	MTSI	Macom Technology Solutions H	Stock-Tech	0.73%	+0.73%	NEW
36	ELVN	Enliven Therapeutics INC	Stock-Other	0.71%	+0.50%	+44.18%
37	FN	Fabrinet	Stock-Tech	0.68%	-0.29%	-33.70%
38	NUVL	Nuvalent Inc-a	Stock-Other	0.67%	—	+19.16%
39	BBIO	Bridgebio Pharma INC	Stock-Healthcare	0.66%	+0.28%	+93.89%
40	SHOP	Shopify INC - Class A	Stock-Tech	0.61%	-0.43%	-14.15%
41	TEVA	Teva Pharmaceutical-sp Adr	Stock-Healthcare	0.55%	—	+3.76%
42	MKL	Markel Group INC	Stock-Financials	0.54%	—	+3.90%
43	MDGL	Madrigal Pharmaceuticals INC	Stock-Healthcare	0.54%	—	+7.09%
44	WRB	Wr Berkley CORP	Stock-Financials	0.54%	—	-6.95%
45	ASND	Ascendis Pharma A/S	Stock-Other	0.53%	+0.22%	+75.91%
46	ESNT	Essent Group Ltd.	Stock-Financials	0.53%	—	+4.08%
47	AKAM	Akamai Technologies INC	Stock-Tech	0.53%	+0.53%	NEW
48	REGN	Regeneron Pharmaceuticals	Stock-Healthcare	0.53%	—	-6.04%
49	RYTM	Rhythm Pharmaceuticals INC	Stock-Other	0.50%	—	+36.29%
50	TRV	Travelers Cos Inc/the	Stock-Financials	0.49%	—	-2.55%

1–50 of 239

Portfolio Performance

Performance for Q3 2026

+5.8%

Performance Last 4 Quarters

+57.5%

Based on 80% of reported portfolio value with available pricing

Stdev: +21.2%
Beta: +1.43
Alpha: +5.1%
Max Drawdown: -12.7%
Annualized Perf: +33.9%
Batting Avg vs S&P: +66.7%
Sortino: +3.52
Stutzer: +0.46
Treynor: +0.22
Sterling: +1.73
Calmar: +2.66
Information Ratio: +1.16
Tracking Error: +11.4%
Stdev Down: +9%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +89.3%
Worst 12 Months: -1.2%
Efficiency Ratio: +0.76
Sharpe: +1.49
Stdev Sectors: +20.5%
Skewness: +0.62
Kurtosis: +1.12
Upside Potential: +5.16

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	242	$28.2B	35	1GOOGL 2AAPL 3NVDA Top holdings2026-03-31 1.GOOGL 2.AAPL 3.NVDA 4.MSFT 5.AVGO 6.AMD 7.META 8.SNDK 9.LITE 10.COHR
2025-12-31	264	$25.9B	54	1AAPL 2NVDA 3GOOGL Top holdings2025-12-31 1.AAPL 2.NVDA 3.GOOGL 4.MSFT 5.AVGO 6.AMD 7.META 8.LRCX 9.GOOG 10.KLAC
2025-09-30	254	$20.8B	63	1NVDA 2META 3AVGO Top holdings2025-09-30 1.NVDA 2.META 3.AVGO 4.MSFT 5.NET 6.LRCX 7.KLAC 8.STX 9.RNR 10.AAPL
2025-06-30	270	$19.1B	0	1NVDA 2META 3AVGO Top holdings2025-06-30 1.NVDA 2.META 3.AVGO 4.MSFT 5.AMD 6.NET 7.HOOD 8.RNR 9.SPOT 10.ORCL
2025-03-31	286	$16.4B	100	1NVDA 2META 3MSFT Top holdings2025-03-31 1.NVDA 2.META 3.MSFT 4.AVGO 5.RNR 6.ACGL 7.AAPL 8.BABA 9.M2682V 10.FERG
2024-12-31	296	$17.9B	0	1NVDA 2META 3AVGO Top holdings2024-12-31 1.NVDA 2.META 3.AVGO 4.MSFT 5.AAPL 6.AMZN 7.GOOGL 8.GOOG 9.RNR 10.NET
2024-09-30	289	$21.0B	0	1SW 2NVDA 3META Top holdings2024-09-30 1.SW 2.NVDA 3.META 4.FERG 5.MSFT 6.AVGO 7.AMD 8.RNR 9.ACGL 10.ANETEUR
2024-06-30	272	$17.0B	0	1NVDA 2MSFT 3META Top holdings2024-06-30 1.NVDA 2.MSFT 3.META 4.AVGO 5.GOOG 6.GOOGL 7.MU 8.AAPL 9.AMD 10.AMZN
2024-03-31	278	$19.1B	0	1FERG 2NVDA 3MSFT Top holdings2024-03-31 1.FERG 2.NVDA 3.MSFT 4.INDV 5.META 6.AMD 7.AMZN 8.ACGL 9.ANETEUR 10.GOOG
2023-12-31	276	$16.3B	0	1FERG 2MSFT 3NVDA Top holdings2023-12-31 1.FERG 2.MSFT 3.NVDA 4.AAPL 5.AMD 6.GOOG 7.GOOGL 8.META 9.AMZN 10.ACGL
2023-09-30	279	$13.5B	0	1MSFT 2NVDA 3AAPL Top holdings2023-09-30 1.MSFT 2.NVDA 3.AAPL 4.META 5.GOOG 6.AMD 7.GOOGL 8.ACGL 9.AMZN 10.RNR
2023-06-30	286	$19.8B	—	1IRON 2TEAM 3MMYT Top holdings2023-06-30 1.IRON 2.TEAM 3.MMYT 4.MSFT 5.NVDA 6.AAPL 7.AMD 8.META 9.GOOG 10.GOOGL
2023-03-31	295	$15.4B	—	1TEAM 2MSFT 3AAPL Top holdings2023-03-31 1.TEAM 2.MSFT 3.AAPL 4.NVDA 5.AMD 6.ACGL 7.GOOG 8.GOOGL 9.RNR 10.META
2022-12-31	309	$12.5B	0	1MSFT 2AAPL 3ACGL Top holdings2022-12-31 1.MSFT 2.AAPL 3.ACGL 4.AMD 5.CB 6.MRSH 7.GOOG 8.RNR 9.NVDA 10.NOW
2022-09-30	416	$15.7B	0	1FERG 2MSFT 3AAPL Top holdings2022-09-30 1.FERG 2.MSFT 3.AAPL 4.GOOG 5.GOOGL 6.AMD 7.ACGL 8.CB 9.MRSH 10.AMZN
2022-06-30	433	$17.0B	0	1FERG 2MSFT 3AAPL Top holdings2022-06-30 1.FERG 2.MSFT 3.AAPL 4.GOOG 5.GOOGL 6.AMD 7.ACGL 8.CB 9.MRSH 10.NOW
2022-03-31	458	$22.2B	0	1FERG 2AAPL 3MSFT Top holdings2022-03-31 1.FERG 2.AAPL 3.MSFT 4.GOOG 5.GOOGL 6.NVDA 7.AMD 8.AMZN 9.ACGL 10.SNAP
2021-12-31	445	$26.7B	0	1FERG 2MSFT 3AAPL Top holdings2021-12-31 1.FERG 2.MSFT 3.AAPL 4.GOOGL 5.GOOG 6.NVDA 7.AMD 8.META 9.AMZN 10.MRVL
2021-09-30	356	$24.5B	0	1FERG 2MSFT 3AAPL Top holdings2021-09-30 1.FERG 2.MSFT 3.AAPL 4.GOOGL 5.META 6.GOOG 7.NVDA 8.AMD 9.ADBE 10.SNAP
2021-06-30	351	$23.0B	82	1FERG 2MSFT 3AAPL Top holdings2021-06-30 1.FERG 2.MSFT 3.AAPL 4.META 5.GOOG 6.GOOGL 7.NVDA 8.AMD 9.ADBE 10.PYPL
2021-03-31	336	$16.2B	48	1MSFT 2AAPL 3GOOG Top holdings2021-03-31 1.MSFT 2.AAPL 3.GOOG 4.GOOGL 5.META 6.AMAT 7.BABA 8.NVDA 9.PYPL 10.ACGL
2020-12-31	321	$16.5B	0	1AAPL 2MSFT 3META Top holdings2020-12-31 1.AAPL 2.MSFT 3.META 4.AMZN 5.AMD 6.GOOG 7.GOOGL 8.ADBE 9.BABA 10.PYPL

Holding changes this quarter

Polar Capital Holdings Plc's most significant position changes for 2026-03-31: New buy: Formfactor INC (FORM); New buy: Macom Technology Solutions H (MTSI); Sold out: Applovin Corp-class A (APP); Sold out: Credo Technology Group Holding Ltd (CRDO); New buy: Akamai Technologies INC (AKAM).

Position changes disclosed by Polar Capital Holdings Plc for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	GOOGL	Alphabet Inc-cl A	+2.5%	+63.03%	Add
2	INTC	Intel CORP	+0.9%	+194.98%	Add
3	VRT	Vertiv Holdings Co-a	+0.9%	+86.15%	Add
4	GLW	Corning INC	+0.8%	+45.84%	Add
5	SNDK	Sandisk CORP	+0.8%	-30.85%	Trim
6	ELVN	Enliven Therapeutics INC	+0.5%	+44.18%	Add
7	XENE	Xenon Pharmaceuticals INC	+0.5%	+78.66%	Add
8	COHR	Coherent CORP	+0.5%	+15.96%	Add
9	PLTR	Palantir Technologies Inc-a	+0.4%	+495.94%	Add
10	ANET	Arista Networks INC	+0.3%	+79.24%	Add
11	LITE	Lumentum Holdings INC	+0.3%	-30.10%	Trim
12	NVDA	Nvidia CORP	+0.3%	+21.79%	Add
13	WDC	Western Digital CORP	+0.3%	+6.49%	Add
14	TTMI	Ttm Technologies	+0.3%	+12.58%	Add
15	BBIO	Bridgebio Pharma INC	+0.3%	+93.89%	Add
16	GEV	GE Vernova INC	+0.3%	+16.11%	Add
17	ASND	Ascendis Pharma A/S	+0.2%	+75.91%	Add
18	FUTU	Futu Holdings Ltd-adr	+0.2%	+1274.99%	Add
19	AMD	Advanced Micro Devices	+0.2%	+23.42%	Add
20	DNTH	Dianthus Therapeutics INC	+0.2%	+7.09%	Add
21	NET	Cloudflare INC - Class A	+0.1%	+25.12%	Add
22	AAPL	Apple INC	-0.2%	+13.89%	Add
23	RVMD	Revolution Medicines INC	-0.2%	-43.69%	Trim
24	BABA	Alibaba Group Holding-sp Adr	-0.3%	-70.19%	Trim
25	FN	Fabrinet	-0.3%	-33.70%	Trim
26	TSLA	Tesla INC	-0.3%	-30.05%	Trim
27	CSCO	Cisco Systems INC	-0.4%	-83.34%	Trim
28	MDB	Mongodb INC	-0.4%	-23.29%	Trim
29	RDDT	Reddit Inc-cl A	-0.4%	-79.30%	Trim
30	SHOP	Shopify INC - Class A	-0.4%	-14.15%	Trim
31	LRCX	Lam Research CORP	-0.5%	-33.42%	Trim
32	AVGO	Broadcom INC	-0.5%	+5.76%	Add
33	GOOG	Alphabet Inc-cl C	-0.5%	-15.69%	Trim
34	FSLR	First Solar INC	-0.7%	-85.07%	Trim
35	MSFT	Microsoft CORP	-1%	+21.07%	Add
36	FORM	Formfactor INC	—	NEW	New buy
37	MTSI	Macom Technology Solutions H	—	NEW	New buy
38	APP	Applovin Corp-class A	—	EXIT	Sold out
39	CRDO	Credo Technology Group Holding Ltd	—	EXIT	Sold out
40	AKAM	Akamai Technologies INC	—	NEW	New buy
41	IBM	Intl Business Machines CORP	—	EXIT	Sold out
42	SPOT	Spotify Technology S.A.	—	NEW	New buy
43	ALAB	Astera Labs INC	—	EXIT	Sold out
44	APLSUSD	Apellis Pharmaceuticals INC	—	EXIT	Sold out
45	CRWD	Crowdstrike Holdings INC - A	—	EXIT	Sold out
46	GRAB	Grab Holdings Limited	—	EXIT	Sold out
47	CVNA	Carvana Co	—	EXIT	Sold out
48	AXGN	Axogen INC	—	NEW	New buy
49	RDN	Radian Group INC	—	NEW	New buy
50	MBX	Mbx Biosciences INC	—	NEW	New buy

FAQ

What is Polar Capital Holdings Plc and what type of investor is it?

Polar Capital Holdings Plc is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $28.2B, spread across 242 disclosed positions.

What are Polar Capital Holdings Plc's largest equity positions?

Based on the latest 13F filing, Polar Capital Holdings Plc's top holdings by market value are: 1. Alphabet Inc-cl A (GOOGL) — $2.6B (9.3%) 2. Apple INC (AAPL) — $2.1B (7.3%) 3. Nvidia CORP (NVDA) — $2.1B (7.3%) 4. Microsoft CORP (MSFT) — $1.6B (5.6%) 5. Broadcom INC (AVGO) — $889.3M (3.2%)

What changes did Polar Capital Holdings Plc make in its most recent portfolio filing?

In the latest reported quarter, Polar Capital Holdings Plc made 50 notable position adjustments: 7 new positions were initiated, 22 existing holdings were added to, 13 positions were partially reduced, and 8 were completely exited. The largest of these moves: New buy: Formfactor INC (FORM); New buy: Macom Technology Solutions H (MTSI); Sold out: Applovin Corp-class A (APP); Sold out: Credo Technology Group Holding Ltd (CRDO); New buy: Akamai Technologies INC (AKAM)

What sectors does Polar Capital Holdings Plc focus on?

Polar Capital Holdings Plc is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 61.5% • Communication Services: 22.9% • Industrials: 4.7% • Health Care: 4.3% • Consumer Discretionary: 3.6% • Financials: 2.4%