General Pension Society PZU Joint Stock Co

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), General Pension Society PZU Joint Stock Co reported 15 stock positions worth $654.2 million. Its top holding was Freeport-McMoran (FCX) at 25.1% of the portfolio, followed by Amazon.com (AMZN, 10.0%) and Southern Copper (SCCO, 10.0%). Compared with Q4 2025, it opened 1 new position, added to 5 and reduced 4. The biggest buy was a new position in Vistra (VST) and the biggest sale FedEx (FDX, shares −34%).

Most Recent 13F
Q2 2026
Location
WARSAW, R9
CIK
0002057421
Portfolio Value
$654.2M (Q1 2026)
SEC Filing
0002057421-26-000006 ↗ filed Apr 27, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $357.0M Q1 2024 Q2 2024: $358.8M Q2 2024 Q3 2024: $344.7M Q3 2024 Q4 2024: $325.9M Q4 2024 Q1 2025: $298.5M Q1 2025 Q2 2025: $359.6M Q2 2025 Q3 2025: $413.5M Q3 2025 Q4 2025: $494.7M Q4 2025 Q1 2026: $654.2M $654.2M Q1 2026 Q2 2026: $668.1M Q2 2026

Holdings 15 stocks · $654.2M
FCX Freeport-McMoran Inc. 25.13% 2,796,923 $164.4M Add +27.8%
AMZN Amazon.com Inc. 10.04% 315,372 $65.7M Add +96.9%
SCCO Southern Copper Corp. 9.97% 378,916 $65.2M Reduce -2.7%
INTC Intel Corp. 8.09% 1,199,000 $52.9M Reduce -9.8%
VST Vistra Corp. 7.53% 327,694 $49.3M New
MSFT Microsoft Corp. 6.63% 117,100 $43.3M Add +57.8%
GOOGL Alphabet Inc. Class A 5.55% 126,200 $36.3M Reduce -0.0%
GOOG Alphabet Inc. Class C 5.54% 126,240 $36.2M Add +0.0%
NVDA Nvidia Corp. 4.53% 170,000 $29.6M Add +750.0%
RTX RTX Corp. 4.19% 142,005 $27.4M No change
FDX FedEx Corp. 4.13% 75,872 $27.0M Reduce -33.6%
BA The Boeing Co. 3.77% 124,090 $24.7M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 3.24% 435,112 $21.2M No change
NKE Nike Inc. Class B 0.92% 113,330 $6.0M No change
HPQ HP Inc. 0.76% 259,200 $5.0M No change

Portfolio Sells Q4 2025 → Q1 2026
FDX FedEx Corp. Reduce -33.6% 4.13% −2.54
GOOGL Alphabet Inc. Class A Reduce -0.0% 5.55% −2.44
INTC Intel Corp. Reduce -9.8% 8.09% −1.83
SCCO Southern Copper Corp. Reduce -2.7% 9.97% −1.33

Portfolio Buys Q4 2025 → Q1 2026
VST Vistra Corp. New 7.53% +7.53
NVDA Nvidia Corp. Add +750.0% 4.53% +3.78
FCX Freeport-McMoran Inc. Add +27.8% 25.13% +2.66
AMZN Amazon.com Inc. Add +96.9% 10.04% +2.57
MSFT Microsoft Corp. Add +57.8% 6.63% −0.63
GOOG Alphabet Inc. Class C Add +0.0% 5.54% −2.47

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 16$668.1MFCX, AMZN, SCCO, VST, MSFT
Q1 2026Amended 15$654.2MFCX, AMZN, SCCO, INTC, VST
Q4 2025 14$494.7MFCX, SCCO, INTC, GOOG, GOOGL
Q3 2025 15$413.5MFCX, SCCO, INTC, GOOG, GOOGL
Q2 2025 16$359.6MFCX, SCCO, INTC, GOOG, GOOGL
Q1 2025 17$298.5MFCX, SCCO, INTC, AMZN, FDX
Q4 2024 18$325.9MAMZN, FCX, SCCO, GOOG, GOOGL
Q3 2024 18$344.7MAMZN, FCX, SCCO, FDX, BAC
Q2 2024 19$358.8MAMZN, FCX, SCCO, GOOG, GOOGL
Q1 2024 19$357.0MAMZN, SCCO, FCX, GOOG, GOOGL