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LONDON - Polar Capital Technology Trust plc revealed its top equity holdings and sector exposures as of August 29, with semiconductor giant Nvidia representing its largest position at 10.9% of the portfolio.
The trust’s top 15 equity holdings account for 58.7% of the portfolio, according to a statement released Thursday. Following Nvidia, Microsoft ranks second at 8.2%, while Meta Platforms and Alphabet each represent 6.2% of holdings. Broadcom rounds out the top five at 5.5%, followed by Apple at 4.5% and TSMC at 4.1%.
Sector allocation data shows semiconductors and semiconductor equipment dominating the portfolio with a 29.7% weighting. Software (12.5%) and interactive media & services (11.6%) represent the next largest sector exposures.
The trust maintains a strong geographic focus on the United States and Canada, which account for 71.3% of the portfolio. Asia Pacific excluding Japan follows at 11.4%, with Europe excluding the UK at 5.8%. The portfolio holds 6.1% in cash.
Other notable holdings include Advanced Micro Devices (2.3%), Cloudflare (1.9%), and Arista Networks (1.7%). The trust’s remaining top 15 positions each represent between 1.4% and 1.5% of the portfolio, including Spotify Technology, Seagate Technology Holdings, Tencent, Corning, and Snowflake.
The trust publishes its complete portfolio in annual and half-year reports, with monthly factsheets typically available on its website by the 10th working day after month-end.
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