Holdings of POLARIS GLOBAL VALUE FUND
FORUM FUNDS ·85 declared positions · as of Mar 31, 2026
Original filing · Net assets 513.5M $ · Ten largest lines: 21.1 % of the equity sleeve
Sector breakdown
- Financials 10.4 %
- Industrials 10.4 %
- Health care 10.2 %
- Technology 7.2 %
- Energy 6.4 %
- Materials 2.1 %
- Consumer discretionary 2.1 %
- Communication 1.9 %
- Utilities 1.4 %
- Unattributed 47.9 %
Titelia classification, company by company. The unattributed share stays visible.
Currency breakdown
- USD 40.6 %
- EUR 20.0 %
- KRW 10.2 %
- JPY 10.1 %
- GBP 4.0 %
- NOK 3.9 %
- HKD 3.3 %
- SEK 2.3 %
- CHF 1.6 %
- CLP 1.4 %
- SGD 1.1 %
- TWD 0.8 %
- CAD 0.6 %
The quoted currency of each line, as declared.
Country breakdown
- US 39.0 %
- KR 10.2 %
- JP 10.1 %
- FR 6.5 %
- DE 5.9 %
- GB 4.0 %
- NO 3.9 %
- HK 3.3 %
- IE 2.6 %
- SE 2.3 %
- ES 2.2 %
- IT 2.1 %
- Other countries 7.9 %
Shares computed on the equity sleeve.
| Rank | Country | Lines | Value | Share |
|---|---|---|---|---|
| 1 | US | 29 | 191.7M $ | 38.98 % |
| 2 | KR | 6 | 50.3M $ | 10.23 % |
| 3 | JP | 9 | 49.7M $ | 10.09 % |
| 4 | FR | 7 | 31.8M $ | 6.47 % |
| 5 | DE | 5 | 29.2M $ | 5.94 % |
| 6 | GB | 4 | 19.7M $ | 4.01 % |
| 7 | NO | 4 | 19.4M $ | 3.95 % |
| 8 | HK | 3 | 16.3M $ | 3.32 % |
| 9 | IE | 2 | 12.7M $ | 2.58 % |
| 10 | SE | 3 | 11.4M $ | 2.32 % |
| 11 | ES | 2 | 10.6M $ | 2.15 % |
| 12 | IT | 2 | 10.3M $ | 2.09 % |
Positions
| Rank | Company | Shares | Value | Weight |
|---|---|---|---|---|
| 1 | Samsung Electronics Co Ltd | 133,758 | 14.6M $ | 2.84 % |
| 2 | SK hynix Inc | 26,600 | 14M $ | 2.73 % |
| 3 | United Therapeutics Corp | 23,600 | 14M $ | 2.73 % |
| 4 | Marubeni Corp | 283,700 | 10M $ | 1.96 % |
| 5 | Marathon Petroleum Corp | 36,282 | 8.9M $ | 1.73 % |
| 6 | Gilead Sciences Inc | 63,000 | 8.8M $ | 1.71 % |
| 7 | Eni SpA | 300,400 | 8.6M $ | 1.68 % |
| 8 | Lantheus Holdings Inc | 111,700 | 8.5M $ | 1.65 % |
| 9 | Popular Inc | 61,300 | 8.2M $ | 1.60 % |
| 10 | Shinhan Financial Group Co Ltd | 142,000 | 8.1M $ | 1.58 % |
| 11 | Barry Callebaut AG | 4,450 | 7.7M $ | 1.50 % |
| 12 | Koninklijke Ahold Delhaize NV | 164,200 | 7.6M $ | 1.49 % |
| 13 | Webster Financial Corp | 106,738 | 7.4M $ | 1.44 % |
| 14 | ITOCHU Corp | 595,000 | 7.4M $ | 1.44 % |
| 15 | General Dynamics Corp | 21,067 | 7.2M $ | 1.41 % |
| 16 | TotalEnergies SE | 77,200 | 7.2M $ | 1.41 % |
| 17 | Arrow Electronics Inc | 49,500 | 7.1M $ | 1.38 % |
| 18 | Endesa SA | 167,600 | 7M $ | 1.36 % |
| 19 | JPMorgan Chase & Co | 23,549 | 6.9M $ | 1.35 % |
| 20 | Next PLC | 40,528 | 6.8M $ | 1.32 % |
| 21 | Latam Airlines Group SA | 275,167,800 | 6.8M $ | 1.32 % |
| 22 | NextEra Energy Inc | 72,880 | 6.8M $ | 1.32 % |
| 23 | HD Hyundai Electric Co Ltd | 12,400 | 6.7M $ | 1.31 % |
| 24 | Williams Cos Inc/The | 92,400 | 6.7M $ | 1.31 % |
| 25 | Chubb Ltd | 20,544 | 6.7M $ | 1.30 % |
| 26 | Tyson Foods Inc | 104,000 | 6.7M $ | 1.30 % |
| 27 | CVS Health Corp | 92,200 | 6.6M $ | 1.29 % |
| 28 | MKS Inc | 28,800 | 6.6M $ | 1.29 % |
| 29 | International Consolidated Airlines Group SA | 1,411,400 | 6.5M $ | 1.27 % |
| 30 | Daimler Truck Holding AG | 135,400 | 6.5M $ | 1.26 % |
| 31 | Mitsubishi UFJ Financial Group Inc | 396,000 | 6.5M $ | 1.26 % |
| 32 | ORIX Corp | 221,400 | 6.4M $ | 1.25 % |
| 33 | Jazz Pharmaceuticals PLC | 33,900 | 6.4M $ | 1.25 % |
| 34 | International Bancshares Corp | 94,563 | 6.4M $ | 1.24 % |
| 35 | DNB Bank ASA | 202,596 | 6.3M $ | 1.23 % |
| 36 | Allison Transmission Holdings Inc | 53,700 | 6.3M $ | 1.22 % |
| 37 | Eastman Chemical Co | 82,300 | 6.3M $ | 1.22 % |
| 38 | Ryanair Holdings PLC | 227,600 | 6.3M $ | 1.22 % |
| 39 | Yara International ASA | 107,200 | 6.2M $ | 1.22 % |
| 40 | AIA Group Ltd | 576,800 | 6.2M $ | 1.22 % |
| 41 | Takeda Pharmaceutical Co Ltd | 172,200 | 6.1M $ | 1.20 % |
| 42 | Deutsche Post AG | 118,200 | 6.1M $ | 1.19 % |
| 43 | Ping An Insurance Group Co of China Ltd | 790,500 | 6M $ | 1.17 % |
| 44 | Hannover Rueck SE | 19,200 | 5.9M $ | 1.16 % |
| 45 | Vinci SA | 39,553 | 5.9M $ | 1.14 % |
| 46 | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 9,300 | 5.8M $ | 1.13 % |
| 47 | Kia Corp | 61,100 | 5.8M $ | 1.13 % |
| 48 | Cullen/Frost Bankers Inc | 41,800 | 5.7M $ | 1.12 % |
| 49 | AbbVie Inc | 26,251 | 5.7M $ | 1.11 % |
| 50 | SKF AB | 240,300 | 5.7M $ | 1.11 % |
| 51 | United Overseas Bank Ltd | 195,650 | 5.6M $ | 1.09 % |
| 52 | Linde PLC | 11,113 | 5.5M $ | 1.07 % |
| 53 | M&T Bank Corp | 25,800 | 5.3M $ | 1.04 % |
| 54 | Cie Generale des Etablissements Michelin SCA | 153,100 | 5.2M $ | 1.01 % |
| 55 | Gaming and Leisure Properties Inc | 114,600 | 5.1M $ | 0.99 % |
| 56 | Smurfit Westrock PLC | 126,652 | 5M $ | 0.98 % |
| 57 | KDDI Corp | 290,200 | 5M $ | 0.97 % |
| 58 | SLM Corp | 228,700 | 4.9M $ | 0.95 % |
| 59 | Deutsche Telekom AG | 131,979 | 4.9M $ | 0.95 % |
| 60 | Capital One Financial Corp | 26,064 | 4.8M $ | 0.93 % |
| 61 | Ingredion Inc | 42,200 | 4.8M $ | 0.93 % |
| 62 | Publicis Groupe SA | 56,776 | 4.6M $ | 0.91 % |
| 63 | Elevance Health Inc | 15,500 | 4.5M $ | 0.88 % |
| 64 | Loomis AB | 100,203 | 4.5M $ | 0.88 % |
| 65 | Sony Group Corp | 224,000 | 4.5M $ | 0.88 % |
| 66 | Sanofi SA | 45,600 | 4.4M $ | 0.85 % |
| 67 | LKQ Corp | 148,100 | 4.3M $ | 0.85 % |
| 68 | Alibaba Group Holding Ltd | 268,800 | 4.1M $ | 0.79 % |
| 69 | Chailease Holding Co Ltd | 1,111,800 | 3.8M $ | 0.74 % |
| 70 | SpareBank 1 Sor-Norge ASA | 166,137 | 3.6M $ | 0.70 % |
| 71 | Bankinter SA | 232,500 | 3.6M $ | 0.70 % |
| 72 | Greencore Group PLC | 1,036,300 | 3.3M $ | 0.65 % |
| 73 | Sparebanken Norge | 158,654 | 3.3M $ | 0.64 % |
| 74 | Lundin Mining Corp | 122,800 | 3.1M $ | 0.60 % |
| 75 | Inchcape PLC | 308,158 | 3.1M $ | 0.60 % |
| 76 | Teleperformance SE | 51,491 | 3M $ | 0.58 % |
| 77 | Daicel Corp | 355,100 | 2.7M $ | 0.53 % |
| 78 | D'ieteren Group | 13,500 | 2.5M $ | 0.48 % |
| 79 | Nomad Foods Ltd | 173,300 | 1.7M $ | 0.32 % |
| 80 | TREVI - Finanziaria Industriale SpA | 4,371,673 | 1.7M $ | 0.32 % |
| 81 | IPSOS SA | 39,907 | 1.6M $ | 0.30 % |
| 82 | Duni AB | 119,300 | 1.2M $ | 0.24 % |
| 83 | F&F Co Ltd / New | 26,700 | 1.1M $ | 0.21 % |
| 84 | Macnica Holdings Inc | 61,500 | 895.3K $ | 0.17 % |
| 85 | Alrosa PJSC | 3,148,600 | 387.3 $ | 0.00 % |