Generali Powszechne Towarzystwo Emerytalne

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Generali Powszechne Towarzystwo Emerytalne reported 27 stock positions worth $516.0 million. Its top holding was Meta Platforms Class A (META) at 7.1% of the portfolio, followed by Amazon.com (AMZN, 6.9%) and ServiceNow (NOW, 6.5%). Compared with Q2 2025, it opened 4 new positions, sold out of 6 and added to 3. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale an exit from Roblox Class A (RBLX).

Most Recent 13F
Q2 2026
Location
WARSAW, R9
CIK
0002042955
Portfolio Value
$516.0M (Q3 2025)
SEC Filing
0002042955-25-000034 ↗ filed Oct 28, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $275.0M Q1 2024 Q2 2024: $287.7M Q2 2024 Q3 2024: $297.8M Q3 2024 Q4 2024: $298.0M Q4 2024 Q1 2025: $316.3M Q1 2025 Q2 2025: $484.3M Q2 2025 Q3 2025: $516.0M $516.0M Q3 2025 Q4 2025: $584.6M Q4 2025 Q1 2026: $565.6M Q1 2026 Q2 2026: $631.1M Q2 2026

Holdings 27 stocks · $516.0M
META Meta Platforms Inc. Class A 7.12% 50,000 $36.7M No change
AMZN Amazon.com Inc. 6.94% 163,000 $35.8M No change
NOW ServiceNow Inc. 6.47% 36,250 $33.4M Add +39.4%
MU Micron Technology Inc. 6.32% 195,000 $32.6M No change
UNH Unitedhealth Group Inc. 6.05% 90,350 $31.2M New
SNOW Snowflake Inc. 5.71% 130,600 $29.5M No change
MSFT Microsoft Corp. 5.43% 54,118 $28.0M No change
CRM Salesforce Inc. 5.32% 115,800 $27.4M Add +15.8%
TTWO Take-Two Interactive Softwre 5.02% 100,300 $25.9M No change
ADBE Adobe Inc. 4.81% 70,350 $24.8M New
MELI MercadoLibre Inc. 4.56% 10,070 $23.5M New
AMD Advanced Micro Devices 4.39% 140,000 $22.7M No change
V Visa Inc. Class A 4.31% 65,118 $22.2M Add +29.9%
S Sentinelone Inc. Class A 3.63% 1,063,223 $18.7M No change
DHR Danaher Corp. 3.50% 91,000 $18.0M New
WCC Wesco International Inc. 3.39% 82,679 $17.5M No change
GS Goldman Sachs Group Inc. 3.10% 20,118 $16.0M No change
CROX Crocs Inc. 2.96% 183,000 $15.3M No change
CAT Caterpillar Inc. 2.32% 25,118 $12.0M No change
AXP American Express Co. 1.30% 20,118 $6.7M No change
C Citigroup Inc. 1.28% 64,900 $6.6M No change
MCD McDonald's Corp. 1.18% 20,118 $6.1M No change
AMGN Amgen Inc. 1.10% 20,118 $5.7M No change
TRV The Travelers Cos Inc. 1.09% 20,118 $5.6M No change
HAL Halliburton Co. 1.05% 220,000 $5.4M No change
BA The Boeing Co. 0.84% 20,118 $4.3M No change
HON Honeywell International Inc. 0.82% 20,118 $4.2M No change

Portfolio Sells Q2 2025 → Q3 2025
RBLX Roblox Corp. Class A Sold out 0.00% −9.23
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −3.66
STLA Stellantis NV Sold out 0.00% −2.96
INTC Intel Corp. Sold out 0.00% −1.82
IBM Intl Business Machines Corp. Sold out 0.00% −1.22
NEM Newmont Corp. Sold out 0.00% −0.92

Portfolio Buys Q2 2025 → Q3 2025
UNH Unitedhealth Group Inc. New 6.05% +6.05
ADBE Adobe Inc. New 4.81% +4.81
MELI MercadoLibre Inc. New 4.56% +4.56
DHR Danaher Corp. New 3.50% +3.50
NOW ServiceNow Inc. Add +39.4% 6.47% +0.95
V Visa Inc. Class A Add +29.9% 4.31% +0.63
CRM Salesforce Inc. Add +15.8% 5.32% −0.31

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 25$631.1MFCX, AMZN, NVDA, MSFT, SNOW
Q1 2026 28$565.6MFCX, COP, MSFT, AMZN, NVDA
Q4 2025 30$584.6MMU, AMZN, MSFT, META, CRM
Q3 2025 27$516.0MMETA, AMZN, NOW, MU, UNH
Q2 2025 29$484.3MRBLX, META, AMZN, SNOW, CRM
Q1 2025 28$316.3MRBLX, TTWO, MSFT, CROX, S
Q4 2024Amended 26$298.0MPLTR, RBLX, S, MSFT, CROX
Q3 2024 25$297.8MPLTR, CROX, S, MSFT, STLA
Q2 2024 25$287.7MSTLA, PLTR, CROX, MSFT, S
Q1 2024 26$275.0MCROX, MSFT, S, INTC, SNOW