Generali Investments Towarzystwo Funduszy Inwestycyjnych
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 22, 2026), Generali Investments Towarzystwo Funduszy Inwestycyjnych reported 151 stock positions worth $249.0 million. Its top holding was Nvidia (NVDA) at 5.3% of the portfolio, followed by Microsoft (MSFT, 5.2%) and Amazon.com (AMZN, 4.0%). Compared with Q1 2026, it opened 9 new positions, sold out of 6, added to 77 and reduced 35. The biggest buy was Micron Technology (MU, shares +16%) and the biggest sale an exit from Intel (INTC).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002043130
- Portfolio Value
- $249.0M (Q2 2026)
- SEC Filing
- 0002043130-26-000003 ↗ filed Jul 22, 2026
Holdings Value
Holdings 151 stocks · $249.0M
| NVDA Nvidia Corp. | 5.30% | 66,000 | $13.2M | Add +10.9% |
| MSFT Microsoft Corp. | 5.20% | 34,700 | $12.9M | Add +14.5% |
| AMZN Amazon.com Inc. | 4.04% | 42,200 | $10.1M | Add +15.0% |
| GOOGL Alphabet Inc. Class A | 3.73% | 26,000 | $9.3M | Reduce -7.1% |
| AMD Advanced Micro Devices | 2.92% | 12,500 | $7.3M | Reduce -48.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.54% | 8,300 | $6.3M | Reduce -22.4% |
| MU Micron Technology Inc. | 2.53% | 5,450 | $6.3M | Add +16.0% |
| PANW Palo Alto Networks Inc. | 2.12% | 15,500 | $5.3M | Reduce -27.9% |
| AAPL Apple Inc. | 2.02% | 17,400 | $5.0M | Reduce -10.5% |
| ADI Analog Devices Inc. | 1.95% | 12,200 | $4.8M | Reduce -9.3% |
| ISRG Intuitive Surgical Inc. | 1.84% | 11,500 | $4.6M | Add +79.7% |
| NOW ServiceNow Inc. | 1.83% | 46,000 | $4.6M | Add +4.5% |
| HUBS HubSpot Inc. | 1.76% | 24,000 | $4.4M | Add +61.1% |
| DDOG Datadog Inc. Class A | 1.73% | 16,500 | $4.3M | Reduce -23.3% |
| AMAT Applied Materials Inc. | 1.66% | 5,700 | $4.1M | Reduce -40.3% |
| SNOW Snowflake Inc. | 1.64% | 16,000 | $4.1M | Reduce -5.3% |
| MRVL Marvell Technology Inc. | 1.62% | 13,500 | $4.0M | Reduce -61.4% |
| TSLA Tesla Inc. | 1.59% | 9,400 | $4.0M | Add +2.2% |
| ADBE Adobe Inc. | 1.58% | 19,149 | $3.9M | Add +7.2% |
| MCHP Microchip Technology Inc. | 1.54% | 42,000 | $3.8M | Reduce -18.3% |
| BSX Boston Scientific Corp. | 1.46% | 85,000 | $3.6M | Add +123.7% |
| TOST Toast Inc. Class A | 1.45% | 130,000 | $3.6M | Add +46.1% |
| TXN Texas Instruments Inc. | 1.20% | 10,000 | $3.0M | Reduce -42.9% |
| ON On Semiconductor | 1.10% | 29,100 | $2.8M | Reduce -27.4% |
| BAC Bank of America Corp. | 1.10% | 48,000 | $2.7M | Add +12.9% |
| META Meta Platforms Inc. Class A | 1.05% | 4,640 | $2.6M | Add +38.1% |
| MDB Mongodb Inc. | 1.00% | 7,400 | $2.5M | No change |
| CRM Salesforce Inc. | 0.96% | 15,250 | $2.4M | Add +228.0% |
| TTWO Take-Two Interactive Softwre | 0.94% | 9,341 | $2.3M | Reduce -7.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.89% | 23,000 | $2.2M | Add +48.4% |
| RTX RTX Corp. | 0.86% | 11,300 | $2.1M | Add +16.5% |
| C Citigroup Inc. | 0.84% | 15,000 | $2.1M | Add +3.5% |
| PFE Pfizer Inc. | 0.84% | 87,000 | $2.1M | Add +54.0% |
| MNST Monster Beverage Corp. | 0.84% | 21,754 | $2.1M | Reduce -9.4% |
| NET Cloudflare Inc. Class A | 0.84% | 8,500 | $2.1M | Reduce -15.0% |
| PI Impinj Inc. | 0.83% | 14,500 | $2.1M | Add +7.4% |
| DXCM Dexcom Inc. | 0.83% | 30,800 | $2.1M | Add +1332.6% |
| MNDY Monday.com Ltd. | 0.81% | 28,000 | $2.0M | No change |
| AVGO Broadcom Inc. | 0.80% | 5,300 | $2.0M | No change |
| CI The Cigna Group | 0.73% | 6,600 | $1.8M | Add +46.7% |
| LLY Eli Lilly & Co. | 0.73% | 1,510 | $1.8M | Reduce -10.9% |
| QBTS D-Wave Quantum Inc. | 0.72% | 75,000 | $1.8M | New |
| MRK Merck & Co. Inc. | 0.72% | 14,000 | $1.8M | Reduce -17.6% |
| GS Goldman Sachs Group Inc. | 0.71% | 1,760 | $1.8M | Reduce -10.2% |
| DE Deere & Co. | 0.70% | 2,750 | $1.7M | Reduce -8.3% |
| JPM JPMorgan Chase & Co. | 0.69% | 5,270 | $1.7M | Reduce -6.1% |
| GM General Motors Co. | 0.68% | 22,000 | $1.7M | Add +80.3% |
| FIVN FIVE9 Inc. | 0.63% | 74,000 | $1.6M | No change |
| INTU Intuit Inc. | 0.63% | 6,000 | $1.6M | Add +50.0% |
| TEAM Atlassian Corp. Class A | 0.62% | 20,000 | $1.6M | No change |
| CSCO Cisco Systems Inc. | 0.61% | 13,000 | $1.5M | Add +8.3% |
| AXP American Express Co. | 0.58% | 4,300 | $1.5M | Add +7.5% |
| TECH Bio-Techne Corp. | 0.58% | 20,500 | $1.4M | Reduce -24.1% |
| KO The Coca-Cola Co. | 0.55% | 17,000 | $1.4M | Reduce -15.0% |
| CBRE CBRE Group Inc. Class A | 0.55% | 10,100 | $1.4M | Add +3.1% |
| PRCT Procept Biorobotics Corp. | 0.54% | 60,000 | $1.4M | Add +20.0% |
| NKE Nike Inc. Class B | 0.53% | 32,264 | $1.3M | Add +23.1% |
| CF CF Industries Holdings Inc. | 0.53% | 12,100 | $1.3M | No change |
| MA Mastercard Inc. Class A | 0.53% | 2,550 | $1.3M | Reduce -5.6% |
| BILL Bill Holdings Inc. | 0.52% | 36,000 | $1.3M | Add +5.9% |
| T AT&T Inc. | 0.52% | 62,000 | $1.3M | Add +143.1% |
| ACN Accenture PLC Class A | 0.51% | 10,300 | $1.3M | Add +94.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.49% | 87,000 | $1.2M | Add +171.9% |
| DHI D.R. Horton Inc. | 0.48% | 7,300 | $1.2M | Add +102.8% |
| V Visa Inc. Class A | 0.47% | 3,400 | $1.2M | No change |
| DECK Deckers Outdoor Corp. | 0.45% | 11,400 | $1.1M | Add +18.8% |
| CMG Chipotle Mexican Grill Inc. | 0.42% | 31,100 | $1.1M | Add +1.3% |
| HD Home Depot Inc. | 0.41% | 2,900 | $1.0M | Add +11.5% |
| VZ Verizon Communications Inc. | 0.39% | 23,000 | $974K | New |
| OXY Occidental Petroleum Corp. | 0.39% | 19,800 | $962K | No change |
| DHR Danaher Corp. | 0.38% | 5,000 | $952K | No change |
| DG Dollar General Corp. | 0.38% | 8,200 | $944K | Add +17.1% |
| URI United Rentals Inc. | 0.36% | 800 | $906K | Add +23.1% |
| AMGN Amgen Inc. | 0.36% | 2,500 | $905K | No change |
| STT State Street Corp. | 0.35% | 5,200 | $882K | Reduce -36.6% |
| PCAR Paccar Inc. | 0.35% | 7,300 | $877K | Add +135.5% |
| REGN Regeneron Pharmaceuticals | 0.35% | 1,400 | $873K | No change |
| AIG American International Group | 0.35% | 11,700 | $872K | Add +192.5% |
| NFLX Netflix Inc. | 0.34% | 11,850 | $846K | Add +30.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.34% | 1,700 | $844K | Reduce -19.1% |
| KR Kroger Co. | 0.33% | 15,000 | $833K | Add +130.8% |
| CVS CVS Health Corp. | 0.33% | 8,000 | $828K | Add +60.0% |
| CRSP Crispr Therapeutics AG | 0.33% | 15,000 | $818K | No change |
| SBUX Starbucks Corp. | 0.33% | 8,000 | $818K | Reduce -11.1% |
| UPS United Parcel Service Class B | 0.32% | 7,500 | $806K | Add +134.4% |
| TSN Tyson Foods Inc. Class A | 0.32% | 14,000 | $802K | Add +324.2% |
| KHC The Kraft Heinz Co. | 0.32% | 33,800 | $798K | No change |
| JNJ Johnson & Johnson | 0.32% | 3,100 | $787K | Reduce -8.8% |
| FDX FedEx Corp. | 0.31% | 2,500 | $783K | Add +66.7% |
| QCOM Qualcomm Inc. | 0.31% | 4,200 | $776K | No change |
| GPN Global Payments Inc. | 0.31% | 10,500 | $762K | Add +25.0% |
| BEAM Beam Therapeutics Inc. | 0.30% | 22,000 | $755K | Reduce -42.1% |
| HON Honeywell International Inc. | 0.29% | 3,250 | $728K | No change |
| HPE Hewlett Packard Enterprise | 0.29% | 16,000 | $722K | Add +33.3% |
| HONA Honeywell Aerospace Inc. | 0.29% | 3,250 | $719K | No change |
| DVN Devon Energy Corp. | 0.28% | 17,000 | $702K | New |
| ELV Elevance Health Inc. | 0.28% | 1,800 | $696K | Add +50.0% |
| NTLA Intellia Therapeutics Inc. | 0.27% | 40,000 | $677K | No change |
| WFC Wells Fargo & Co. | 0.25% | 7,600 | $628K | Add +58.3% |
| EOG EOG Resources Inc. | 0.24% | 4,700 | $610K | Add +46.9% |
Portfolio Sells Q1 2026 → Q2 2026
| INTC Intel Corp. | Sold out | 0.00% | −0.59 |
| TXN Texas Instruments Inc. | Reduce -42.9% | 1.20% | −0.56 |
| AAPL Apple Inc. | Reduce -10.5% | 2.02% | −0.53 |
| MRK Merck & Co. Inc. | Reduce -17.6% | 0.72% | −0.33 |
| ADI Analog Devices Inc. | Reduce -9.3% | 1.95% | −0.26 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.24 |
| KO The Coca-Cola Co. | Reduce -15.0% | 0.55% | −0.23 |
| NET Cloudflare Inc. Class A | Reduce -15.0% | 0.84% | −0.23 |
| STT State Street Corp. | Reduce -36.6% | 0.35% | −0.18 |
| ON On Semiconductor | Reduce -27.4% | 1.10% | −0.18 |
| MCHP Microchip Technology Inc. | Reduce -18.3% | 1.54% | −0.18 |
| MRVL Marvell Technology Inc. | Reduce -61.4% | 1.62% | −0.17 |
| DE Deere & Co. | Reduce -8.3% | 0.70% | −0.17 |
| MA Mastercard Inc. Class A | Reduce -5.6% | 0.53% | −0.17 |
| BEAM Beam Therapeutics Inc. | Reduce -42.1% | 0.30% | −0.16 |
| JPM JPMorgan Chase & Co. | Reduce -6.1% | 0.69% | −0.16 |
| TECH Bio-Techne Corp. | Reduce -24.1% | 0.58% | −0.15 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -19.1% | 0.34% | −0.14 |
| GS Goldman Sachs Group Inc. | Reduce -10.2% | 0.71% | −0.14 |
| JNJ Johnson & Johnson | Reduce -8.8% | 0.32% | −0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -7.1% | 3.73% | −0.09 |
| TTWO Take-Two Interactive Softwre | Reduce -7.4% | 0.94% | −0.09 |
| SBUX Starbucks Corp. | Reduce -11.1% | 0.33% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -10.9% | 0.73% | −0.08 |
| SOLS Solstice Adv Materials Inc. | Sold out | 0.00% | −0.06 |
| MNST Monster Beverage Corp. | Reduce -9.4% | 0.84% | −0.06 |
| VLO Valero Energy Corp. | Reduce -4.8% | 0.21% | −0.06 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -40.3% | 1.66% | −0.03 |
| LULU Lululemon Athletica Inc. | Reduce -13.7% | 0.03% | −0.03 |
| ALGN Align Technology Inc. | Reduce -14.3% | 0.04% | −0.02 |
| CAG Conagra Brands Inc. | Sold out | 0.00% | −0.01 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.01 |
| WBTN Webtoon Entertainment Inc. | Reduce -23.5% | 0.03% | −0.01 |
| SG Sweetgreen Inc. Class A | Reduce -16.7% | 0.03% | +0.00 |
| ETSY Etsy Inc. | Reduce -9.8% | 0.11% | +0.01 |
| SNOW Snowflake Inc. | Reduce -5.3% | 1.64% | +0.32 |
| PANW Palo Alto Networks Inc. | Reduce -27.9% | 2.12% | +0.34 |
| AMD Advanced Micro Devices | Reduce -48.1% | 2.92% | +0.39 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -22.4% | 2.54% | +0.39 |
| DDOG Datadog Inc. Class A | Reduce -23.3% | 1.73% | +0.42 |
Portfolio Buys Q1 2026 → Q2 2026
| MU Micron Technology Inc. | Add +16.0% | 2.53% | +1.71 |
| DXCM Dexcom Inc. | Add +1332.6% | 0.83% | +0.76 |
| QBTS D-Wave Quantum Inc. | New | 0.72% | +0.72 |
| CRM Salesforce Inc. | Add +228.0% | 0.96% | +0.51 |
| VZ Verizon Communications Inc. | New | 0.39% | +0.39 |
| ISRG Intuitive Surgical Inc. | Add +79.7% | 1.84% | +0.31 |
| F Ford Motor Co. | Add +171.9% | 0.49% | +0.30 |
| DVN Devon Energy Corp. | New | 0.28% | +0.28 |
| TOST Toast Inc. Class A | Add +46.1% | 1.45% | +0.23 |
| BSX Boston Scientific Corp. | Add +123.7% | 1.46% | +0.23 |
| DHI D.R. Horton Inc. | Add +102.8% | 0.48% | +0.22 |
| TSN Tyson Foods Inc. Class A | Add +324.2% | 0.32% | +0.21 |
| GM General Motors Co. | Add +80.3% | 0.68% | +0.21 |
| AIG American International Group | Add +192.5% | 0.35% | +0.19 |
| PCAR Paccar Inc. | Add +135.5% | 0.35% | +0.17 |
| UPS United Parcel Service Class B | Add +134.4% | 0.32% | +0.16 |
| CVS CVS Health Corp. | Add +60.0% | 0.33% | +0.15 |
| HPE Hewlett Packard Enterprise | Add +33.3% | 0.29% | +0.14 |
| T AT&T Inc. | Add +143.1% | 0.52% | +0.13 |
| CSCO Cisco Systems Inc. | Add +8.3% | 0.61% | +0.13 |
| URI United Rentals Inc. | Add +23.1% | 0.36% | +0.12 |
| PI Impinj Inc. | Add +7.4% | 0.83% | +0.12 |
| DIS The Walt Disney Co. | Add +48.4% | 0.89% | +0.12 |
| CI The Cigna Group | Add +46.7% | 0.73% | +0.11 |
| OKTA Okta Inc. | New | 0.11% | +0.11 |
| PINS Pinterest Inc. Class A | Add +434.5% | 0.13% | +0.10 |
| ELV Elevance Health Inc. | Add +50.0% | 0.28% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.10% | +0.10 |
| LUV Southwest Airlines Co. | Add +180.0% | 0.14% | +0.10 |
| AMZN Amazon.com Inc. | Add +15.0% | 4.04% | +0.09 |
| KR Kroger Co. | Add +130.8% | 0.33% | +0.09 |
| VCIT Vanguard Int-Term Corporate | New | 0.07% | +0.07 |
| META Meta Platforms Inc. Class A | Add +38.1% | 1.05% | +0.06 |
| FIS Fidelity National Info Serv | Add +300.0% | 0.09% | +0.06 |
| WFC Wells Fargo & Co. | Add +58.3% | 0.25% | +0.06 |
| CEG Constellation Energy | Add +200.0% | 0.09% | +0.05 |
| MTCH Match Group Inc. | Add +43.9% | 0.15% | +0.04 |
| FDX FedEx Corp. | Add +66.7% | 0.31% | +0.04 |
| FDXF FedEx Freight Holding Co. | Add +113.3% | 0.10% | +0.04 |
| GMF State Street SPDR S&P Emergi | New | 0.04% | +0.04 |
| DASH DoorDash Inc. Class A | Add +42.9% | 0.11% | +0.03 |
| BAC Bank of America Corp. | Add +12.9% | 1.10% | +0.03 |
| EWY iShares MSCI South Korea ETF | New | 0.03% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +50.0% | 0.24% | +0.02 |
| MET Metlife Inc. | Add +22.2% | 0.19% | +0.02 |
| PFE Pfizer Inc. | Add +54.0% | 0.84% | +0.02 |
| ABBV Abbvie Inc. | Add +37.5% | 0.11% | +0.02 |
| DUOL Duolingo | Add +80.0% | 0.04% | +0.02 |
| GPN Global Payments Inc. | Add +25.0% | 0.31% | +0.01 |
| WY Weyerhaeuser Co. | Add +42.9% | 0.10% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 151 | $249.0M | NVDA, MSFT, AMZN, GOOGL, AMD |
| Q1 2026 | 146 | $193.7M | MSFT, NVDA, AMZN, GOOGL, AAPL |
| Q4 2025 | 141 | $205.5M | MSFT, NVDA, GOOGL, ADI, AMZN |
| Q3 2025 | 142 | $188.7M | MSFT, NVDA, GOOGL, ADI, ADBE |
| Q2 2025 | 145 | $191.6M | MSFT, NVDA, GOOGL, ADI, AMD |
| Q1 2025 | 144 | $157.5M | MSFT, GOOGL, ADI, ADBE, NVDA |
| Q4 2024 | 143 | $172.4M | GOOGL, MSFT, NVDA, ADI, ADBE |
| Q3 2024 | 124 | $157.5M | GOOGL, MSFT, NVDA, ADBE, AAPL |
| Q2 2024 | 121 | $153.8M | GOOGL, NVDA, MSFT, ADBE, AAPL |
| Q1 2024 | 120 | $145.2M | GOOGL, MSFT, NVDA, ADI, ADBE |