Generali Investments Towarzystwo Funduszy Inwestycyjnych
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Generali Investments Towarzystwo Funduszy Inwestycyjnych reported 143 stock positions worth $172.4 million. Its top holding was Alphabet Class A (GOOGL) at 5.3% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Nvidia (NVDA, 4.0%). Compared with Q3 2024, it opened 23 new positions, sold out of 4, added to 43 and reduced 40. The biggest buy was a new position in Texas Instruments (TXN) and the biggest sale an exit from Roblox Class A (RBLX).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002043130
- Portfolio Value
- $172.4M (Q4 2024)
- SEC Filing
- 0002043130-25-000001 ↗ filed Feb 5, 2025
Holdings Value
Holdings 143 stocks · $172.4M
| GOOGL Alphabet Inc. Class A | 5.33% | 48,538 | $9.2M | Add +5.5% |
| MSFT Microsoft Corp. | 4.39% | 17,970 | $7.6M | Add +12.2% |
| NVDA Nvidia Corp. | 4.03% | 51,740 | $6.9M | Reduce -6.8% |
| ADI Analog Devices Inc. | 3.71% | 30,061 | $6.4M | Add +27.6% |
| ADBE Adobe Inc. | 3.67% | 14,216 | $6.3M | Add +29.1% |
| AAPL Apple Inc. | 3.45% | 23,735 | $5.9M | Reduce -1.4% |
| TSLA Tesla Inc. | 2.50% | 10,654 | $4.3M | Reduce -24.2% |
| AMAT Applied Materials Inc. | 2.23% | 23,650 | $3.8M | Add +62.5% |
| HUBS HubSpot Inc. | 2.14% | 5,300 | $3.7M | Reduce -28.4% |
| AMZN Amazon.com Inc. | 2.12% | 16,667 | $3.7M | Reduce -8.2% |
| TTWO Take-Two Interactive Softwre | 1.99% | 18,611 | $3.4M | Reduce -16.4% |
| AMD Advanced Micro Devices | 1.99% | 28,332 | $3.4M | Add +24.6% |
| NOW ServiceNow Inc. | 1.97% | 3,200 | $3.4M | Reduce -11.1% |
| DDOG Datadog Inc. Class A | 1.78% | 21,500 | $3.1M | Reduce -18.9% |
| MRVL Marvell Technology Inc. | 1.69% | 26,300 | $2.9M | Reduce -24.9% |
| SNOW Snowflake Inc. | 1.68% | 18,700 | $2.9M | Reduce -2.6% |
| MDB Mongodb Inc. | 1.66% | 12,300 | $2.9M | Add +32.3% |
| MCHP Microchip Technology Inc. | 1.63% | 48,900 | $2.8M | Add +96.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.55% | 7,800 | $2.7M | Reduce -4.9% |
| MA Mastercard Inc. Class A | 1.55% | 5,065 | $2.7M | Reduce -5.6% |
| PANW Palo Alto Networks Inc. | 1.44% | 13,600 | $2.5M | Reduce -5.6% |
| NET Cloudflare Inc. Class A | 1.37% | 22,000 | $2.4M | Reduce -8.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.31% | 51,279 | $2.3M | Reduce -1.0% |
| MU Micron Technology Inc. | 1.30% | 26,644 | $2.2M | Reduce -1.1% |
| BSX Boston Scientific Corp. | 1.30% | 25,000 | $2.2M | No change |
| ISRG Intuitive Surgical Inc. | 1.27% | 4,200 | $2.2M | No change |
| GS Goldman Sachs Group Inc. | 1.21% | 3,641 | $2.1M | Reduce -1.4% |
| KO The Coca-Cola Co. | 1.12% | 30,933 | $1.9M | Add +21.6% |
| TXN Texas Instruments Inc. | 1.09% | 10,000 | $1.9M | New |
| SHOP Shopify Inc. Class A | 1.05% | 17,050 | $1.8M | Reduce -31.8% |
| ACN Accenture PLC Class A | 1.02% | 4,982 | $1.8M | Add +4.2% |
| DE Deere & Co. | 1.00% | 4,088 | $1.7M | No change |
| META Meta Platforms Inc. Class A | 1.00% | 2,950 | $1.7M | Add +5.4% |
| BILL Bill Holdings Inc. | 0.96% | 19,500 | $1.7M | Reduce -7.1% |
| FIVN FIVE9 Inc. | 0.90% | 38,000 | $1.5M | No change |
| MNST Monster Beverage Corp. | 0.85% | 27,971 | $1.5M | Add +11.1% |
| TECH Bio-Techne Corp. | 0.85% | 20,266 | $1.5M | Add +17.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.84% | 13,041 | $1.5M | No change |
| NKE Nike Inc. Class B | 0.84% | 19,060 | $1.4M | Add +5.5% |
| TOST Toast Inc. Class A | 0.82% | 39,000 | $1.4M | Reduce -13.3% |
| JPM JPMorgan Chase & Co. | 0.81% | 5,850 | $1.4M | Add +12.5% |
| RTX RTX Corp. | 0.80% | 11,900 | $1.4M | No change |
| CRM Salesforce Inc. | 0.79% | 4,050 | $1.4M | No change |
| EXAS Exact Sciences Corp. | 0.78% | 24,000 | $1.3M | Add +33.3% |
| ENPH Enphase Energy Inc. | 0.76% | 19,000 | $1.3M | Add +72.7% |
| SBUX Starbucks Corp. | 0.74% | 14,050 | $1.3M | No change |
| CBRE CBRE Group Inc. Class A | 0.72% | 9,500 | $1.2M | Reduce -18.8% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.71% | 14,264 | $1.2M | No change |
| OXY Occidental Petroleum Corp. | 0.70% | 24,569 | $1.2M | Add +0.8% |
| DHR Danaher Corp. | 0.70% | 5,282 | $1.2M | Add +0.1% |
| PFE Pfizer Inc. | 0.69% | 44,900 | $1.2M | Add +205.4% |
| LLY Eli Lilly & Co. | 0.69% | 1,540 | $1.2M | New |
| HON Honeywell International Inc. | 0.68% | 5,200 | $1.2M | No change |
| ZS Zscaler Inc. | 0.68% | 6,500 | $1.2M | Reduce -30.9% |
| AXP American Express Co. | 0.67% | 3,900 | $1.2M | Reduce -15.2% |
| KHC The Kraft Heinz Co. | 0.67% | 37,622 | $1.2M | Add +19.0% |
| JNJ Johnson & Johnson | 0.66% | 7,820 | $1.1M | Add +0.2% |
| BEAM Beam Therapeutics Inc. | 0.60% | 42,000 | $1.0M | No change |
| REGN Regeneron Pharmaceuticals | 0.58% | 1,401 | $998K | Add +27.7% |
| C Citigroup Inc. | 0.56% | 13,700 | $964K | Reduce -4.2% |
| STAA Staar Surgical Co. | 0.56% | 39,500 | $959K | Add +9.7% |
| MRK Merck & Co. Inc. | 0.52% | 9,000 | $895K | No change |
| CMG Chipotle Mexican Grill Inc. | 0.50% | 14,400 | $868K | Add +15.2% |
| CI The Cigna Group | 0.45% | 2,800 | $773K | Add +30.2% |
| GPN Global Payments Inc. | 0.44% | 6,700 | $751K | No change |
| CRSP Crispr Therapeutics AG | 0.43% | 19,000 | $748K | Add +26.7% |
| CSCO Cisco Systems Inc. | 0.43% | 12,500 | $740K | Reduce -10.1% |
| NTLA Intellia Therapeutics Inc. | 0.42% | 62,000 | $723K | Add +77.1% |
| STT State Street Corp. | 0.41% | 7,200 | $707K | No change |
| CIEN Ciena Corp. | 0.39% | 8,000 | $678K | Reduce -20.0% |
| NFLX Netflix Inc. | 0.39% | 750 | $668K | Add +7.1% |
| AMGN Amgen Inc. | 0.38% | 2,500 | $652K | Add +8.7% |
| SONY Sony Group Corp. - SP ADR | 0.35% | 28,425 | $601K | Add +32.7% |
| PYPL PayPal Holdings Inc. | 0.35% | 7,000 | $597K | No change |
| T AT&T Inc. | 0.34% | 26,000 | $592K | Reduce -25.7% |
| WFC Wells Fargo & Co. | 0.32% | 7,837 | $550K | Reduce -13.3% |
| DG Dollar General Corp. | 0.29% | 6,700 | $508K | Add +21.8% |
| GM General Motors Co. | 0.29% | 9,500 | $506K | Reduce -9.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.28% | 1,200 | $483K | New |
| ABT Abbott Laboratories | 0.25% | 3,882 | $439K | No change |
| INTC Intel Corp. | 0.25% | 21,200 | $425K | No change |
| MDT Medtronic PLC | 0.23% | 5,000 | $399K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 1,750 | $385K | No change |
| F Ford Motor Co. filed as FORD MTR CO | 0.16% | 28,000 | $277K | No change |
| BMY Bristol-Myers Squibb Co. | 0.15% | 4,600 | $260K | Reduce -6.1% |
| FDX FedEx Corp. | 0.15% | 900 | $253K | Reduce -14.3% |
| WMT Walmart Inc. | 0.14% | 2,741 | $248K | No change |
| CTRA Coterra Energy Inc. | 0.13% | 9,000 | $230K | Add +5.9% |
| KR Kroger Co. | 0.13% | 3,600 | $220K | No change |
| ELV Elevance Health Inc. | 0.12% | 570 | $210K | Add +42.5% |
| PCAR Paccar Inc. | 0.12% | 2,000 | $208K | No change |
| B Barrick Gold Corp. | 0.12% | 13,000 | $202K | No change |
| LULU Lululemon Athletica Inc. | 0.11% | 500 | $191K | New |
| VLO Valero Energy Corp. | 0.11% | 1,550 | $190K | Add +6.9% |
| TAP Molson Coors Beverage Co. Class B | 0.11% | 3,300 | $189K | Reduce -8.3% |
| MTCH Match Group Inc. | 0.11% | 5,750 | $188K | Add +187.5% |
| DHI D.R. Horton Inc. | 0.11% | 1,300 | $182K | Add +18.2% |
| WBD Warner Bros Discovery Inc. | 0.10% | 17,000 | $180K | Reduce -20.9% |
| CVS CVS Health Corp. | 0.10% | 4,000 | $180K | Add +8.1% |
| HPE Hewlett Packard Enterprise | 0.10% | 8,200 | $175K | Reduce -10.9% |
Portfolio Sells Q3 2024 → Q4 2024
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.67 |
| MU Micron Technology Inc. | Reduce -1.1% | 1.30% | −0.47 |
| HUBS HubSpot Inc. | Reduce -28.4% | 2.14% | −0.36 |
| ZS Zscaler Inc. | Reduce -30.9% | 0.68% | −0.34 |
| NVDA Nvidia Corp. | Reduce -6.8% | 4.03% | −0.25 |
| SHOP Shopify Inc. Class A | Reduce -31.8% | 1.05% | −0.22 |
| AMED Amedisys Inc. | Sold out | 0.00% | −0.21 |
| CBRE CBRE Group Inc. Class A | Reduce -18.8% | 0.72% | −0.20 |
| TTWO Take-Two Interactive Softwre | Reduce -16.4% | 1.99% | −0.19 |
| DDOG Datadog Inc. Class A | Reduce -18.9% | 1.78% | −0.15 |
| T AT&T Inc. | Reduce -25.7% | 0.34% | −0.15 |
| MA Mastercard Inc. Class A | Reduce -5.6% | 1.55% | −0.13 |
| PANW Palo Alto Networks Inc. | Reduce -5.6% | 1.44% | −0.13 |
| AXP American Express Co. | Reduce -15.2% | 0.67% | −0.12 |
| AAPL Apple Inc. | Reduce -1.4% | 3.45% | −0.11 |
| LOGI Logitech International-Reg | Sold out | 0.00% | −0.10 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.09 |
| NOW ServiceNow Inc. | Reduce -11.1% | 1.97% | −0.08 |
| GILD Gilead Sciences Inc. | Reduce -45.8% | 0.07% | −0.06 |
| CEG Constellation Energy | Reduce -33.3% | 0.05% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -10.1% | 0.43% | −0.04 |
| FDX FedEx Corp. | Reduce -14.3% | 0.15% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -8.2% | 2.12% | −0.03 |
| TAP Molson Coors Beverage Co. Class B | Reduce -8.3% | 0.11% | −0.02 |
| FISV Fiserv Inc. | Reduce -28.6% | 0.06% | −0.02 |
| MET Metlife Inc. | Reduce -9.5% | 0.09% | −0.02 |
| HPE Hewlett Packard Enterprise | Reduce -10.9% | 0.10% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -6.1% | 0.15% | −0.01 |
| C Citigroup Inc. | Reduce -4.2% | 0.56% | −0.01 |
| WBD Warner Bros Discovery Inc. | Reduce -20.9% | 0.10% | −0.01 |
| LUV Southwest Airlines Co. | Reduce -14.3% | 0.06% | −0.01 |
| JAZZ Jazz Pharmaceuticals PLC | Reduce -8.0% | 0.08% | −0.01 |
| GM General Motors Co. | Reduce -9.5% | 0.29% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -13.3% | 0.32% | −0.00 |
| CIEN Ciena Corp. | Reduce -20.0% | 0.39% | +0.00 |
| BAC Bank of America Corp. | Reduce -1.0% | 1.31% | +0.00 |
| TOST Toast Inc. Class A | Reduce -13.3% | 0.82% | +0.02 |
| GS Goldman Sachs Group Inc. | Reduce -1.4% | 1.21% | +0.05 |
| MRVL Marvell Technology Inc. | Reduce -24.9% | 1.69% | +0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -4.9% | 1.55% | +0.09 |
| NET Cloudflare Inc. Class A | Reduce -8.3% | 1.37% | +0.14 |
| TSLA Tesla Inc. | Reduce -24.2% | 2.50% | +0.16 |
| BILL Bill Holdings Inc. | Reduce -7.1% | 0.96% | +0.25 |
| SNOW Snowflake Inc. | Reduce -2.6% | 1.68% | +0.27 |
Portfolio Buys Q3 2024 → Q4 2024
| TXN Texas Instruments Inc. | New | 1.09% | +1.09 |
| LLY Eli Lilly & Co. | New | 0.69% | +0.69 |
| GOOGL Alphabet Inc. Class A | Add +5.5% | 5.33% | +0.48 |
| PFE Pfizer Inc. | Add +205.4% | 0.69% | +0.42 |
| AMAT Applied Materials Inc. | Add +62.5% | 2.23% | +0.36 |
| MCHP Microchip Technology Inc. | Add +96.4% | 1.63% | +0.36 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.28% | +0.28 |
| ADI Analog Devices Inc. | Add +27.6% | 3.71% | +0.26 |
| JPM JPMorgan Chase & Co. | Add +12.5% | 0.81% | +0.12 |
| LULU Lululemon Athletica Inc. | New | 0.11% | +0.11 |
| MELI MercadoLibre Inc. | New | 0.09% | +0.09 |
| COP Conocophillips | New | 0.09% | +0.09 |
| COIN Coinbase Global Inc. Class A | New | 0.09% | +0.09 |
| ULTA Ulta Beauty Inc. | New | 0.09% | +0.09 |
| ABNB Airbnb Inc. Class A | New | 0.09% | +0.09 |
| SONY Sony Group Corp. - SP ADR | Add +32.7% | 0.35% | +0.09 |
| UBER Uber Technologies Inc. | New | 0.08% | +0.08 |
| DASH DoorDash Inc. Class A | New | 0.08% | +0.08 |
| ALGN Align Technology Inc. | New | 0.08% | +0.08 |
| NFLX Netflix Inc. | Add +7.1% | 0.39% | +0.07 |
| CHWY Chewy Inc. Class A | New | 0.07% | +0.07 |
| CELH Celsius Holdings Inc. | New | 0.07% | +0.07 |
| ETSY Etsy Inc. | New | 0.07% | +0.07 |
| MDB Mongodb Inc. | Add +32.3% | 1.66% | +0.06 |
| MTCH Match Group Inc. | Add +187.5% | 0.11% | +0.06 |
| DECK Deckers Outdoor Corp. | New | 0.06% | +0.06 |
| ZTS Zoetis Inc. | New | 0.06% | +0.06 |
| ELF Elf Beauty Inc. | New | 0.05% | +0.05 |
| DXCM Dexcom Inc. | New | 0.05% | +0.05 |
| CMG Chipotle Mexican Grill Inc. | Add +15.2% | 0.50% | +0.05 |
| ADBE Adobe Inc. | Add +29.1% | 3.67% | +0.05 |
| PINS Pinterest Inc. Class A | New | 0.05% | +0.05 |
| SG Sweetgreen Inc. Class A | New | 0.04% | +0.04 |
| ABBV Abbvie Inc. | Add +88.0% | 0.10% | +0.03 |
| DUOL Duolingo | New | 0.03% | +0.03 |
| SNAP Snap Inc. Class A | New | 0.03% | +0.03 |
| MSFT Microsoft Corp. | Add +12.2% | 4.39% | +0.02 |
| MNST Monster Beverage Corp. | Add +11.1% | 0.85% | +0.02 |
| EOG EOG Resources Inc. | Add +18.2% | 0.09% | +0.01 |
| CTRA Coterra Energy Inc. | Add +5.9% | 0.13% | +0.00 |
| EXAS Exact Sciences Corp. | Add +33.3% | 0.78% | +0.00 |
| DG Dollar General Corp. | Add +21.8% | 0.29% | −0.00 |
| RACE Ferrari NV | Add +14.8% | 0.08% | −0.00 |
| LYB Lyondellbasell Indu Class A | Add +26.3% | 0.05% | −0.01 |
| ELV Elevance Health Inc. | Add +42.5% | 0.12% | −0.01 |
| CRSP Crispr Therapeutics AG | Add +26.7% | 0.43% | −0.01 |
| VLO Valero Energy Corp. | Add +6.9% | 0.11% | −0.01 |
| META Meta Platforms Inc. Class A | Add +5.4% | 1.00% | −0.02 |
| CI The Cigna Group | Add +30.2% | 0.45% | −0.02 |
| DHI D.R. Horton Inc. | Add +18.2% | 0.11% | −0.03 |
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 |