General Pension Society PZU Joint Stock Co
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), General Pension Society PZU Joint Stock Co reported 16 stock positions worth $359.6 million. Its top holding was Freeport-McMoran (FCX) at 16.8% of the portfolio, followed by Southern Copper (SCCO, 11.0%) and Intel (INTC, 8.3%). Compared with Q1 2025, it sold out of 1, added to 9 and reduced 3. The biggest buy was Microsoft (MSFT, shares +62%) and the biggest sale PayPal (PYPL, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002057421
- Portfolio Value
- $359.6M (Q2 2025)
- SEC Filing
- 0002057421-25-000059 ↗ filed Aug 13, 2025
Holdings Value
Holdings 16 stocks · $359.6M
| FCX Freeport-McMoran Inc. | 16.78% | 1,392,153 | $60.3M | Add +17.6% |
| SCCO Southern Copper Corp. | 10.96% | 389,354 | $39.4M | Add +3.1% |
| INTC Intel Corp. | 8.29% | 1,330,000 | $29.8M | Add +1.6% |
| GOOG Alphabet Inc. Class C | 8.00% | 162,200 | $28.8M | Add +20.9% |
| GOOGL Alphabet Inc. Class A | 7.95% | 162,240 | $28.6M | Add +20.9% |
| AMZN Amazon.com Inc. | 7.93% | 129,972 | $28.5M | Reduce -6.8% |
| FDX FedEx Corp. | 7.22% | 114,221 | $26.0M | Add +28.0% |
| BA The Boeing Co. | 6.85% | 117,500 | $24.6M | Add +4.4% |
| MSFT Microsoft Corp. | 6.74% | 48,700 | $24.2M | Add +62.3% |
| RTX RTX Corp. | 5.77% | 142,005 | $20.7M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 5.73% | 435,112 | $20.6M | Add +29.1% |
| NKE Nike Inc. Class B | 2.24% | 113,330 | $8.1M | No change |
| HPQ HP Inc. | 1.76% | 259,200 | $6.3M | No change |
| NVDA Nvidia Corp. | 1.54% | 35,000 | $5.5M | Reduce -5.4% |
| HPE Hewlett Packard Enterprise | 1.17% | 205,500 | $4.2M | No change |
| PYPL PayPal Holdings Inc. | 1.08% | 52,314 | $3.9M | Reduce -65.7% |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +62.3% | 6.74% | +2.96 |
| FCX Freeport-McMoran Inc. | Add +17.6% | 16.78% | +1.77 |
| BAC Bank of America Corp. | Add +29.1% | 5.73% | +1.01 |
| GOOGL Alphabet Inc. Class A | Add +20.9% | 7.95% | +1.00 |
| GOOG Alphabet Inc. Class C | Add +20.9% | 8.00% | +0.98 |
| BA The Boeing Co. | Add +4.4% | 6.85% | +0.42 |
| FDX FedEx Corp. | Add +28.0% | 7.22% | −0.06 |
| SCCO Southern Copper Corp. | Add +3.1% | 10.96% | −0.86 |
| INTC Intel Corp. | Add +1.6% | 8.29% | −1.67 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 16 | $668.1M | FCX, AMZN, SCCO, VST, MSFT |
| Q1 2026Amended | 15 | $654.2M | FCX, AMZN, SCCO, INTC, VST |
| Q4 2025 | 14 | $494.7M | FCX, SCCO, INTC, GOOG, GOOGL |
| Q3 2025 | 15 | $413.5M | FCX, SCCO, INTC, GOOG, GOOGL |
| Q2 2025 | 16 | $359.6M | FCX, SCCO, INTC, GOOG, GOOGL |
| Q1 2025 | 17 | $298.5M | FCX, SCCO, INTC, AMZN, FDX |
| Q4 2024 | 18 | $325.9M | AMZN, FCX, SCCO, GOOG, GOOGL |
| Q3 2024 | 18 | $344.7M | AMZN, FCX, SCCO, FDX, BAC |
| Q2 2024 | 19 | $358.8M | AMZN, FCX, SCCO, GOOG, GOOGL |
| Q1 2024 | 19 | $357.0M | AMZN, SCCO, FCX, GOOG, GOOGL |