Generali Investments Towarzystwo Funduszy Inwestycyjnych
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 21, 2026), Generali Investments Towarzystwo Funduszy Inwestycyjnych reported 146 stock positions worth $193.7 million. Its top holding was Microsoft (MSFT) at 5.8% of the portfolio, followed by Nvidia (NVDA, 5.4%) and Amazon.com (AMZN, 3.9%). Compared with Q4 2025, it opened 5 new positions, added to 57 and reduced 34. The biggest buy was a new position in Intuit (INTU) and the biggest sale Analog Devices (ADI, shares −44%).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002043130
- Portfolio Value
- $193.7M (Q1 2026)
- SEC Filing
- 0002043130-26-000002 ↗ filed Apr 21, 2026
Holdings Value
Holdings 146 stocks · $193.7M
| MSFT Microsoft Corp. | 5.81% | 30,300 | $11.3M | Add +22.9% |
| NVDA Nvidia Corp. | 5.36% | 59,500 | $10.4M | Add +8.6% |
| AMZN Amazon.com Inc. | 3.95% | 36,700 | $7.6M | Add +32.5% |
| GOOGL Alphabet Inc. Class A | 3.83% | 28,000 | $7.4M | Reduce -0.4% |
| AAPL Apple Inc. | 2.55% | 19,450 | $4.9M | Add +0.2% |
| AMD Advanced Micro Devices | 2.53% | 24,100 | $4.9M | Add +11.6% |
| NOW ServiceNow Inc. | 2.37% | 44,000 | $4.6M | Add +22.2% |
| ADBE Adobe Inc. | 2.24% | 17,866 | $4.3M | Reduce -2.2% |
| ADI Analog Devices Inc. | 2.21% | 13,450 | $4.3M | Reduce -43.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.16% | 10,700 | $4.2M | Add +35.4% |
| HUBS HubSpot Inc. | 1.88% | 14,900 | $3.6M | Add +26.3% |
| MRVL Marvell Technology Inc. | 1.79% | 35,000 | $3.5M | Reduce -10.3% |
| PANW Palo Alto Networks Inc. | 1.78% | 21,500 | $3.4M | Add +8.6% |
| TSLA Tesla Inc. | 1.77% | 9,200 | $3.4M | No change |
| TXN Texas Instruments Inc. | 1.75% | 17,500 | $3.4M | Reduce -25.5% |
| MCHP Microchip Technology Inc. | 1.71% | 51,400 | $3.3M | Reduce -16.3% |
| AMAT Applied Materials Inc. | 1.68% | 9,550 | $3.3M | Reduce -42.0% |
| ISRG Intuitive Surgical Inc. | 1.52% | 6,400 | $3.0M | No change |
| SNOW Snowflake Inc. | 1.32% | 16,900 | $2.5M | Add +11.9% |
| DDOG Datadog Inc. Class A | 1.31% | 21,500 | $2.5M | Reduce -6.5% |
| ON On Semiconductor | 1.28% | 40,100 | $2.5M | Reduce -14.9% |
| BSX Boston Scientific Corp. | 1.23% | 38,000 | $2.4M | Add +72.7% |
| TOST Toast Inc. Class A | 1.22% | 89,000 | $2.4M | Add +21.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.07% | 42,500 | $2.1M | Add +4.9% |
| NET Cloudflare Inc. Class A | 1.07% | 10,000 | $2.1M | Add +17.6% |
| MRK Merck & Co. Inc. | 1.06% | 17,000 | $2.0M | No change |
| TTWO Take-Two Interactive Softwre | 1.03% | 10,091 | $2.0M | Add +86.9% |
| MNDY Monday.com Ltd. | 1.00% | 28,000 | $1.9M | Add +51.4% |
| META Meta Platforms Inc. Class A | 0.99% | 3,360 | $1.9M | Reduce -18.3% |
| RTX RTX Corp. | 0.97% | 9,700 | $1.9M | Reduce -4.9% |
| MDB Mongodb Inc. | 0.94% | 7,400 | $1.8M | Add +8.8% |
| MNST Monster Beverage Corp. | 0.90% | 24,021 | $1.7M | Reduce -1.8% |
| INTU Intuit Inc. | 0.89% | 4,000 | $1.7M | New |
| DE Deere & Co. | 0.87% | 3,000 | $1.7M | No change |
| GS Goldman Sachs Group Inc. | 0.86% | 1,960 | $1.7M | Reduce -4.8% |
| JPM JPMorgan Chase & Co. | 0.85% | 5,610 | $1.7M | Add +2.0% |
| C Citigroup Inc. | 0.85% | 14,500 | $1.6M | Reduce -12.1% |
| AVGO Broadcom Inc. | 0.85% | 5,300 | $1.6M | Add +60.6% |
| MU Micron Technology Inc. | 0.82% | 4,700 | $1.6M | Reduce -39.0% |
| PFE Pfizer Inc. | 0.82% | 56,500 | $1.6M | No change |
| CF CF Industries Holdings Inc. | 0.81% | 12,100 | $1.6M | Reduce -13.6% |
| LLY Eli Lilly & Co. | 0.80% | 1,695 | $1.6M | Add +0.3% |
| KO The Coca-Cola Co. | 0.79% | 20,000 | $1.5M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.77% | 15,500 | $1.5M | Add +6.9% |
| HON Honeywell International Inc. | 0.76% | 6,500 | $1.5M | Reduce -7.1% |
| NKE Nike Inc. Class B | 0.73% | 26,214 | $1.4M | Add +1.9% |
| TECH Bio-Techne Corp. | 0.73% | 27,000 | $1.4M | No change |
| PI Impinj Inc. | 0.72% | 13,500 | $1.4M | Add +22.7% |
| TEAM Atlassian Corp. Class A | 0.70% | 20,000 | $1.4M | New |
| MA Mastercard Inc. Class A | 0.70% | 2,700 | $1.3M | Reduce -10.0% |
| CBRE CBRE Group Inc. Class A | 0.69% | 9,800 | $1.3M | Add +3.2% |
| BILL Bill Holdings Inc. | 0.67% | 34,000 | $1.3M | Add +17.2% |
| OXY Occidental Petroleum Corp. | 0.66% | 19,800 | $1.3M | Reduce -7.9% |
| PRCT Procept Biorobotics Corp. | 0.65% | 50,000 | $1.3M | No change |
| AXP American Express Co. | 0.62% | 4,000 | $1.2M | Reduce -11.1% |
| CI The Cigna Group | 0.62% | 4,500 | $1.2M | Add +3.5% |
| INTC Intel Corp. | 0.59% | 26,000 | $1.1M | No change |
| FIVN FIVE9 Inc. | 0.58% | 74,000 | $1.1M | No change |
| REGN Regeneron Pharmaceuticals | 0.56% | 1,400 | $1.1M | No change |
| ACN Accenture PLC Class A | 0.54% | 5,300 | $1.1M | Reduce -4.5% |
| STT State Street Corp. | 0.54% | 8,200 | $1.0M | No change |
| V Visa Inc. Class A | 0.53% | 3,400 | $1.0M | Add +21.4% |
| CMG Chipotle Mexican Grill Inc. | 0.51% | 30,700 | $983K | Add +2.0% |
| DECK Deckers Outdoor Corp. | 0.50% | 9,600 | $961K | Add +2.1% |
| DHR Danaher Corp. | 0.49% | 5,000 | $948K | No change |
| VRTX Vertex Pharmaceuticals Inc. | 0.48% | 2,100 | $938K | No change |
| CSCO Cisco Systems Inc. | 0.48% | 12,000 | $931K | No change |
| GM General Motors Co. | 0.47% | 12,200 | $909K | Add +16.2% |
| BEAM Beam Therapeutics Inc. | 0.47% | 38,000 | $906K | Reduce -15.6% |
| AMGN Amgen Inc. | 0.45% | 2,500 | $880K | No change |
| NFLX Netflix Inc. | 0.45% | 9,100 | $875K | Add +16.7% |
| CRM Salesforce Inc. | 0.45% | 4,650 | $868K | No change |
| HD Home Depot Inc. | 0.44% | 2,600 | $855K | New |
| DG Dollar General Corp. | 0.43% | 7,000 | $831K | No change |
| JNJ Johnson & Johnson | 0.43% | 3,400 | $831K | No change |
| SBUX Starbucks Corp. | 0.42% | 9,000 | $806K | No change |
| KHC The Kraft Heinz Co. | 0.39% | 33,800 | $760K | No change |
| T AT&T Inc. | 0.38% | 25,500 | $739K | Add +13.3% |
| CRSP Crispr Therapeutics AG | 0.37% | 15,000 | $714K | Reduce -11.8% |
| GPN Global Payments Inc. | 0.29% | 8,400 | $565K | No change |
| QCOM Qualcomm Inc. | 0.28% | 4,200 | $541K | Add +31.3% |
| FDX FedEx Corp. | 0.28% | 1,500 | $534K | No change |
| VLO Valero Energy Corp. | 0.27% | 2,100 | $519K | Reduce -8.7% |
| NTLA Intellia Therapeutics Inc. | 0.26% | 40,000 | $513K | No change |
| PYPL PayPal Holdings Inc. | 0.26% | 11,000 | $498K | No change |
| DHI D.R. Horton Inc. | 0.26% | 3,600 | $494K | Add +20.0% |
| URI United Rentals Inc. | 0.24% | 650 | $474K | Add +62.5% |
| KR Kroger Co. | 0.24% | 6,500 | $470K | Add +8.3% |
| EOG EOG Resources Inc. | 0.24% | 3,200 | $463K | Reduce -3.0% |
| CTRA Coterra Energy Inc. | 0.24% | 13,000 | $457K | Reduce -13.3% |
| MDT Medtronic PLC | 0.22% | 5,000 | $433K | No change |
| BMY Bristol-Myers Squibb Co. | 0.22% | 7,000 | $425K | No change |
| HAL Halliburton Co. | 0.20% | 10,000 | $390K | No change |
| WFC Wells Fargo & Co. | 0.20% | 4,800 | $382K | No change |
| F Ford Motor Co. filed as FORD MTR CO | 0.19% | 32,000 | $369K | No change |
| CVS CVS Health Corp. | 0.19% | 5,000 | $359K | Add +25.0% |
| PCAR Paccar Inc. | 0.18% | 3,100 | $358K | No change |
| COP Conocophillips | 0.18% | 2,700 | $356K | Reduce -15.6% |
| ELV Elevance Health Inc. | 0.18% | 1,200 | $351K | Add +9.1% |
| SHOP Shopify Inc. Class A | 0.17% | 2,700 | $320K | Add +58.8% |
Portfolio Sells Q4 2025 → Q1 2026
| ADI Analog Devices Inc. | Reduce -43.5% | 2.21% | −0.93 |
| ADBE Adobe Inc. | Reduce -2.2% | 2.24% | −0.87 |
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 3.83% | −0.45 |
| AMAT Applied Materials Inc. | Reduce -42.0% | 1.68% | −0.37 |
| META Meta Platforms Inc. Class A | Reduce -18.3% | 0.99% | −0.33 |
| MU Micron Technology Inc. | Reduce -39.0% | 0.82% | −0.25 |
| TXN Texas Instruments Inc. | Reduce -25.5% | 1.75% | −0.23 |
| DDOG Datadog Inc. Class A | Reduce -6.5% | 1.31% | −0.21 |
| MCHP Microchip Technology Inc. | Reduce -16.3% | 1.71% | −0.19 |
| AXP American Express Co. | Reduce -11.1% | 0.62% | −0.19 |
| ACN Accenture PLC Class A | Reduce -4.5% | 0.54% | −0.18 |
| BEAM Beam Therapeutics Inc. | Reduce -15.6% | 0.47% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -10.0% | 0.70% | −0.14 |
| C Citigroup Inc. | Reduce -12.1% | 0.85% | −0.09 |
| CRSP Crispr Therapeutics AG | Reduce -11.8% | 0.37% | −0.07 |
| ULTA Ulta Beauty Inc. | Reduce -30.0% | 0.06% | −0.03 |
| GS Goldman Sachs Group Inc. | Reduce -4.8% | 0.86% | −0.03 |
| RVLV Revolve Group Inc. Class A | Reduce -20.0% | 0.04% | −0.02 |
| ELF Elf Beauty Inc. | Reduce -8.6% | 0.05% | −0.01 |
| MNST Monster Beverage Corp. | Reduce -1.8% | 0.90% | −0.01 |
| ABBV Abbvie Inc. | Reduce -13.0% | 0.09% | −0.01 |
| ETSY Etsy Inc. | Reduce -4.7% | 0.11% | −0.01 |
| ALGN Align Technology Inc. | Reduce -24.3% | 0.06% | −0.01 |
| LYB Lyondellbasell Indu Class A | Reduce -32.0% | 0.14% | +0.04 |
| COP Conocophillips | Reduce -15.6% | 0.18% | +0.04 |
| ON On Semiconductor | Reduce -14.9% | 1.28% | +0.04 |
| CTRA Coterra Energy Inc. | Reduce -13.3% | 0.24% | +0.04 |
| RTX RTX Corp. | Reduce -4.9% | 0.97% | +0.06 |
| EOG EOG Resources Inc. | Reduce -3.0% | 0.24% | +0.07 |
| VLO Valero Energy Corp. | Reduce -8.7% | 0.27% | +0.09 |
| HON Honeywell International Inc. | Reduce -7.1% | 0.76% | +0.09 |
| MRVL Marvell Technology Inc. | Reduce -10.3% | 1.79% | +0.18 |
| OXY Occidental Petroleum Corp. | Reduce -7.9% | 0.66% | +0.23 |
| CF CF Industries Holdings Inc. | Reduce -13.6% | 0.81% | +0.28 |
Portfolio Buys Q4 2025 → Q1 2026
| INTU Intuit Inc. | New | 0.89% | +0.89 |
| AMZN Amazon.com Inc. | Add +32.5% | 3.95% | +0.83 |
| TEAM Atlassian Corp. Class A | New | 0.70% | +0.70 |
| HD Home Depot Inc. | New | 0.44% | +0.44 |
| NVDA Nvidia Corp. | Add +8.6% | 5.36% | +0.38 |
| TTWO Take-Two Interactive Softwre | Add +86.9% | 1.03% | +0.36 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +35.4% | 2.16% | +0.35 |
| AVGO Broadcom Inc. | Add +60.6% | 0.85% | +0.29 |
| AMD Advanced Micro Devices | Add +11.6% | 2.53% | +0.28 |
| NET Cloudflare Inc. Class A | Add +17.6% | 1.07% | +0.25 |
| BSX Boston Scientific Corp. | Add +72.7% | 1.23% | +0.21 |
| T AT&T Inc. | Add +13.3% | 0.38% | +0.11 |
| NFLX Netflix Inc. | Add +16.7% | 0.45% | +0.10 |
| URI United Rentals Inc. | Add +62.5% | 0.24% | +0.09 |
| AIG American International Group | Add +100.0% | 0.16% | +0.07 |
| KR Kroger Co. | Add +8.3% | 0.24% | +0.06 |
| GM General Motors Co. | Add +16.2% | 0.47% | +0.05 |
| V Visa Inc. Class A | Add +21.4% | 0.53% | +0.05 |
| LUV Southwest Airlines Co. | New | 0.05% | +0.05 |
| SHAK Shake Shack Inc. Class A | New | 0.05% | +0.05 |
| DHI D.R. Horton Inc. | Add +20.0% | 0.26% | +0.04 |
| MET Metlife Inc. | Add +36.4% | 0.16% | +0.04 |
| CI The Cigna Group | Add +3.5% | 0.62% | +0.04 |
| DELL Dell Technologies -C | Add +25.0% | 0.08% | +0.04 |
| SHOP Shopify Inc. Class A | Add +58.8% | 0.17% | +0.03 |
| CVS CVS Health Corp. | Add +25.0% | 0.19% | +0.03 |
| TSN Tyson Foods Inc. Class A | Add +10.0% | 0.11% | +0.02 |
| DECK Deckers Outdoor Corp. | Add +2.1% | 0.50% | +0.02 |
| UPS United Parcel Service Class B | Add +6.7% | 0.16% | +0.02 |
| NXPI NXP Semiconductors NV | Add +20.0% | 0.12% | +0.02 |
| QCOM Qualcomm Inc. | Add +31.3% | 0.28% | +0.01 |
| MTCH Match Group Inc. | Add +10.0% | 0.10% | +0.01 |
| MELI MercadoLibre Inc. | Add +17.2% | 0.15% | +0.01 |
| ABNB Airbnb Inc. Class A | Add +12.0% | 0.09% | +0.01 |
| RACE Ferrari NV | Add +16.3% | 0.09% | +0.01 |
| MSFT Microsoft Corp. | Add +22.9% | 5.81% | +0.01 |
| DXCM Dexcom Inc. | Add +7.5% | 0.07% | +0.01 |
| CHWY Chewy Inc. Class A | Add +25.0% | 0.06% | +0.00 |
| PANW Palo Alto Networks Inc. | Add +8.6% | 1.78% | +0.00 |
| UBER Uber Technologies Inc. | Add +5.9% | 0.10% | −0.00 |
| DUOL Duolingo | Add +42.9% | 0.03% | −0.00 |
| ELV Elevance Health Inc. | Add +9.1% | 0.18% | −0.01 |
| DASH DoorDash Inc. Class A | Add +31.3% | 0.08% | −0.01 |
| WBTN Webtoon Entertainment Inc. | Add +13.3% | 0.04% | −0.01 |
| CELH Celsius Holdings Inc. | Add +9.1% | 0.09% | −0.01 |
| JPM JPMorgan Chase & Co. | Add +2.0% | 0.85% | −0.01 |
| LULU Lululemon Athletica Inc. | Add +4.3% | 0.06% | −0.01 |
| BAC Bank of America Corp. | Add +4.9% | 1.07% | −0.01 |
| AAPL Apple Inc. | Add +0.2% | 2.55% | −0.02 |
| DIS The Walt Disney Co. | Add +6.9% | 0.77% | −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 |