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LONDON - Polar Capital Global Financials Trust Plc revealed its top equity holdings and sector exposures as of June 30, 2025, showing JPMorgan as its largest position at 6.6% of the portfolio.
The trust’s top 15 equity holdings represent 41.1% of its total investments, with Mastercard (NYSE:MA) (4.1%), Bank of America (3.8%), Berkshire Hathaway (NYSE:BRKa) (3.2%), and Visa (NYSE:V) (3.1%) rounding out the top five positions.
Other significant holdings include UniCredit (2.6%), Royal Bank of Canada (2.2%), Progressive Corp (NYSE:PGR) (2.1%), and Goldman Sachs Group (NYSE:GS) (2.1%).
In terms of sector allocation, Financial Services leads with 41.1% exposure, followed by Banks at 36.5% and Insurance at 18.1%. Fixed Income investments account for 3.6% of the portfolio, while Equity REITs represent 0.7%.
Geographically, North America dominates the trust’s investments at 50.1%, with Europe at 14.0%, Asia Pacific (excluding Japan) at 13.1%, and the UK at 10.8%. Other regions include Latin America (4.2%), Eastern Europe (2.5%), and Japan (1.8%).
The trust reported a gearing ratio of 4.7%, calculated according to Association of Investment Companies guidelines.
According to the press release, the monthly factsheet with investment manager commentary will be available on the company’s website approximately on the 10th working day after month-end.
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