Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed August 29, 2025), Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna reported 169 stock positions worth $253.7 million. Its top holding was Nvidia (NVDA) at 6.4% of the portfolio, followed by Marvell Technology (MRVL, 4.0%) and Advanced Micro Devices (AMD, 3.9%). Compared with Q4 2023, it opened 21 new positions, sold out of 35, added to 47 and reduced 66. The biggest buy was a new position in Arm Holdings PLC-ADR (ARM) and the biggest sale Advanced Micro Devices (AMD, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002079571
- Portfolio Value
- $253.7M (Q1 2024)
- SEC Filing
- 0002079571-25-000006 ↗ filed Aug 29, 2025
Holdings Value
Holdings 169 stocks · $253.7M
| NVDA Nvidia Corp. | 6.39% | 18,712 | $16.2M | Reduce -40.0% |
| MRVL Marvell Technology Inc. | 3.97% | 148,054 | $10.1M | Add +5.1% |
| AMD Advanced Micro Devices | 3.89% | 57,102 | $9.9M | Reduce -35.2% |
| AMZN Amazon.com Inc. | 3.72% | 54,585 | $9.4M | Add +1.9% |
| MSFT Microsoft Corp. | 3.54% | 22,234 | $9.0M | Add +0.5% |
| NOW ServiceNow Inc. | 2.67% | 9,281 | $6.8M | Reduce -9.6% |
| V Visa Inc. Class A | 2.56% | 24,248 | $6.5M | Add +2.9% |
| CRM Salesforce Inc. | 2.55% | 22,376 | $6.5M | Add +1.1% |
| GOOG Alphabet Inc. Class C | 2.53% | 43,964 | $6.4M | Add +29.7% |
| ISRG Intuitive Surgical Inc. | 2.40% | 15,891 | $6.1M | Reduce -42.7% |
| DXCM Dexcom Inc. | 2.29% | 43,685 | $5.8M | Reduce -12.4% |
| ARM Arm Holdings PLC-ADR | 2.25% | 47,560 | $5.7M | New |
| MA Mastercard Inc. Class A | 2.18% | 11,998 | $5.5M | Reduce -2.1% |
| RMBS Rambus Inc. | 1.86% | 79,589 | $4.7M | Reduce -1.4% |
| MU Micron Technology Inc. | 1.83% | 41,125 | $4.6M | Reduce -13.9% |
| PSN Parsons Corp. | 1.79% | 57,163 | $4.5M | New |
| SYM Symbotic Inc. | 1.77% | 104,069 | $4.5M | New |
| ROAD Construction Partners Inc. Class A | 1.66% | 78,076 | $4.2M | Add +673.0% |
| CYBR Cyberark Software Ltd./Israel | 1.64% | 16,290 | $4.1M | Add +12.9% |
| CLH Clean Harbors Inc. | 1.56% | 20,557 | $4.0M | Add +255.2% |
| ELF Elf Beauty Inc. | 1.50% | 20,211 | $3.8M | Reduce -7.7% |
| QCOM Qualcomm Inc. | 1.48% | 23,100 | $3.7M | No change |
| MPWR Monolithic Power Systems Inc. | 1.41% | 5,495 | $3.6M | Reduce -5.3% |
| KO The Coca-Cola Co. | 1.39% | 60,327 | $3.5M | Add +34.0% |
| MLM Martin Marietta Materials | 1.36% | 5,870 | $3.5M | Add +161.6% |
| FLYW Flywire Corp.-Voting | 1.36% | 144,530 | $3.4M | Add +257.5% |
| DDOG Datadog Inc. Class A | 1.29% | 27,677 | $3.3M | Add +3.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.28% | 10,533 | $3.2M | Add +50.5% |
| XYZ Block Inc. | 1.26% | 39,555 | $3.2M | Add +52.7% |
| VMC Vulcan Materials Co. | 1.21% | 11,721 | $3.1M | Add +252.9% |
| PWR Quanta Services Inc. | 1.04% | 10,632 | $2.6M | Add +1.5% |
| IRDM Iridium Communications Inc. | 1.03% | 104,043 | $2.6M | Reduce -5.4% |
| FSS Federal Signal Corp. | 0.92% | 28,828 | $2.3M | Add +152.9% |
| WCN Waste Connections Inc. | 0.91% | 13,946 | $2.3M | Reduce -17.4% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.85% | 63,900 | $2.2M | Add +129.0% |
| LSCC Lattice Semiconductor Corp. | 0.84% | 28,570 | $2.1M | No change |
| DECK Deckers Outdoor Corp. | 0.82% | 2,300 | $2.1M | No change |
| CAT Caterpillar Inc. | 0.77% | 5,581 | $2.0M | Add +109.1% |
| IR Ingersoll-Rand Inc. | 0.77% | 21,403 | $1.9M | Reduce -0.3% |
| AVAV Aerovironment Inc. | 0.76% | 13,100 | $1.9M | Add +469.6% |
| CDNS Cadence Design SYS Inc. | 0.70% | 5,911 | $1.8M | Reduce -6.5% |
| WAB Wabtec Corp. | 0.69% | 12,448 | $1.7M | Reduce -7.5% |
| ZS Zscaler Inc. | 0.68% | 9,383 | $1.7M | Reduce -3.9% |
| CELH Celsius Holdings Inc. | 0.63% | 20,150 | $1.6M | Add +111.9% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.63% | 10,809 | $1.6M | Reduce -54.8% |
| MCHP Microchip Technology Inc. | 0.61% | 18,000 | $1.5M | No change |
| SHW The Sherwin-Williams Co. | 0.60% | 4,543 | $1.5M | Reduce -6.2% |
| HUBS HubSpot Inc. | 0.56% | 2,375 | $1.4M | No change |
| GFF Griffon Corp. | 0.56% | 20,250 | $1.4M | Reduce -19.9% |
| EOG EOG Resources Inc. | 0.53% | 10,909 | $1.3M | Reduce -0.8% |
| CP Canadian Pacific Kansas City | 0.52% | 15,697 | $1.3M | No change |
| ICE Intercontinental Exchange Inc. | 0.52% | 10,000 | $1.3M | Reduce -13.0% |
| LIN Linde PLC | 0.52% | 2,959 | $1.3M | Reduce -11.3% |
| MUSA Murphy USA Inc. | 0.51% | 3,238 | $1.3M | New |
| MPC Marathon Petroleum Corp. | 0.50% | 6,600 | $1.3M | Add +5.3% |
| NTRA Natera Inc. | 0.48% | 13,800 | $1.2M | Add +1.5% |
| LLY Eli Lilly & Co. | 0.46% | 1,573 | $1.2M | New |
| EXTR Extreme Networks Inc. | 0.44% | 100,400 | $1.1M | Reduce -29.7% |
| NVTS Navitas Semiconductor Corp. | 0.43% | 240,300 | $1.1M | Reduce -3.8% |
| COP Conocophillips | 0.43% | 8,910 | $1.1M | Add +3.6% |
| ANSS Ansys Inc. | 0.43% | 3,250 | $1.1M | No change |
| ADSK Autodesk Inc. | 0.41% | 4,118 | $1.0M | No change |
| SNPS Synopsys Inc. | 0.40% | 1,850 | $1.0M | No change |
| EMR Emerson Electric Co. | 0.39% | 9,100 | $990K | New |
| FISV Fiserv Inc. | 0.39% | 6,380 | $978K | Add +7875.0% |
| VEEV Veeva Systems Inc. Class A | 0.38% | 4,310 | $957K | Reduce -14.8% |
| ABBV Abbvie Inc. | 0.37% | 5,310 | $927K | Reduce -19.6% |
| PANW Palo Alto Networks Inc. | 0.35% | 3,270 | $891K | Reduce -50.2% |
| UNH Unitedhealth Group Inc. | 0.35% | 1,858 | $881K | Add +3.0% |
| PTC PTC Inc. | 0.34% | 4,800 | $870K | No change |
| PCOR Procore Technologies Inc. | 0.34% | 10,800 | $851K | Reduce -18.8% |
| UNP Union Pacific Corp. | 0.33% | 3,600 | $849K | No change |
| MNST Monster Beverage Corp. | 0.33% | 14,750 | $838K | New |
| WM Waste Management Inc. | 0.33% | 4,071 | $832K | Reduce -20.1% |
| B Barrick Gold Corp. | 0.31% | 49,200 | $781K | Add +12.3% |
| BILL Bill Holdings Inc. | 0.30% | 11,664 | $769K | Reduce -8.9% |
| ROK Rockwell Automation Inc. | 0.29% | 2,650 | $740K | No change |
| META Meta Platforms Inc. Class A | 0.28% | 1,534 | $714K | New |
| DVN Devon Energy Corp. | 0.28% | 14,760 | $710K | Add +1.0% |
| CROX Crocs Inc. | 0.28% | 5,108 | $704K | Add +135.8% |
| LULU Lululemon Athletica Inc. | 0.26% | 1,750 | $656K | Add +1066.7% |
| CSX CSX Corp. | 0.26% | 18,301 | $651K | Reduce -25.9% |
| AAPL Apple Inc. | 0.25% | 3,801 | $625K | Add +13.8% |
| SPGI S&P Global Inc. | 0.24% | 1,500 | $612K | Add +25.0% |
| AXONICS INC | 0.24% | 9,200 | $608K | No change |
| PLAY Dave & Buster's Entertainmen | 0.24% | 10,000 | $600K | Reduce -28.6% |
| FRPT Freshpet Inc. | 0.23% | 5,300 | $589K | Add +6.0% |
| ORLY O'reilly Automotive Inc. | 0.21% | 500 | $541K | New |
| MSCI MSCI Inc. | 0.21% | 1,000 | $537K | Add +42.9% |
| FCX Freeport-McMoran Inc. | 0.20% | 11,064 | $499K | Reduce -3.8% |
| HD Home Depot Inc. | 0.19% | 1,312 | $483K | Reduce -1.4% |
| JPM JPMorgan Chase & Co. | 0.18% | 2,367 | $455K | Reduce -3.7% |
| POOL Pool Corp. | 0.17% | 1,126 | $436K | Reduce -22.2% |
| FIVE Five Below | 0.17% | 2,500 | $435K | Reduce -71.8% |
| KNSL Kinsale Capital Group Inc. | 0.15% | 780 | $392K | Reduce -9.3% |
| WFC Wells Fargo & Co. | 0.14% | 6,551 | $364K | Add +7.3% |
| ALGN Align Technology Inc. | 0.14% | 1,100 | $346K | No change |
| NOG Northern Oil and Gas Inc. | 0.13% | 8,900 | $339K | Add +32.8% |
| FICO Fair Isaac Corp. | 0.13% | 280 | $335K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.13% | 2,500 | $326K | Reduce -4.4% |
Portfolio Sells Q4 2023 → Q1 2024
| AMD Advanced Micro Devices | Reduce -35.2% | 3.89% | −1.58 |
| ISRG Intuitive Surgical Inc. | Reduce -42.7% | 2.40% | −1.54 |
| MBLY Mobileye Global Inc. Class A | Sold out | 0.00% | −1.31 |
| PODD Insulet Corp. | Sold out | 0.00% | −1.20 |
| IAS Integral Ad Science Holding | Sold out | 0.00% | −1.09 |
| NSC Norfolk Southern Corp. | Reduce -95.6% | 0.04% | −0.94 |
| IRDM Iridium Communications Inc. | Reduce -5.4% | 1.03% | −0.88 |
| EL Estee Lauder Companies Class A | Reduce -54.8% | 0.63% | −0.84 |
| EVRI Everi Holdings Inc. | Sold out | 0.00% | −0.81 |
| SITM Sitime Corp. | Reduce -96.8% | 0.02% | −0.79 |
| AMBA Ambarella Inc. | Reduce -94.3% | 0.03% | −0.71 |
| NEOG Neogen Corp. | Sold out | 0.00% | −0.64 |
| EXTR Extreme Networks Inc. | Reduce -29.7% | 0.44% | −0.62 |
| FIVE Five Below | Reduce -71.8% | 0.17% | −0.62 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.50 |
| PANW Palo Alto Networks Inc. | Reduce -50.2% | 0.35% | −0.47 |
| RMBS Rambus Inc. | Reduce -1.4% | 1.86% | −0.46 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.46 |
| NVTS Navitas Semiconductor Corp. | Reduce -3.8% | 0.43% | −0.42 |
| NOW ServiceNow Inc. | Reduce -9.6% | 2.67% | −0.38 |
| LBRT Liberty Energy Inc. | Reduce -98.5% | 0.00% | −0.32 |
| DXCM Dexcom Inc. | Reduce -12.4% | 2.29% | −0.32 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.28 |
| CERS Cerus Corp. | Sold out | 0.00% | −0.26 |
| ZS Zscaler Inc. | Reduce -3.9% | 0.68% | −0.23 |
| ETSY Etsy Inc. | Sold out | 0.00% | −0.22 |
| NKE Nike Inc. Class B | Reduce -61.5% | 0.09% | −0.21 |
| WCN Waste Connections Inc. | Reduce -17.4% | 0.91% | −0.16 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.14 |
| BILL Bill Holdings Inc. | Reduce -8.9% | 0.30% | −0.14 |
| MPWR Monolithic Power Systems Inc. | Reduce -5.3% | 1.41% | −0.14 |
| NVDA Nvidia Corp. | Reduce -40.0% | 6.39% | −0.13 |
| CSX CSX Corp. | Reduce -25.9% | 0.26% | −0.10 |
| ICE Intercontinental Exchange Inc. | Reduce -13.0% | 0.52% | −0.10 |
| ULTA Ulta Beauty Inc. | Reduce -96.8% | 0.00% | −0.10 |
| GFF Griffon Corp. | Reduce -19.9% | 0.56% | −0.09 |
| FLNC Fluence Energy Inc. | Sold out | 0.00% | −0.09 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.08 |
| PLAY Dave & Buster's Entertainmen | Reduce -28.6% | 0.24% | −0.08 |
| AGCO Agco Corp. | Reduce -32.0% | 0.13% | −0.08 |
| PM Philip Morris International | Reduce -37.5% | 0.09% | −0.07 |
| POOL Pool Corp. | Reduce -22.2% | 0.17% | −0.07 |
| MDB Mongodb Inc. | Reduce -93.1% | 0.00% | −0.07 |
| ZIP Ziprecruiter Inc. Class A | Sold out | 0.00% | −0.07 |
| ABBV Abbvie Inc. | Reduce -19.6% | 0.37% | −0.07 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.06 |
| LIN Linde PLC | Reduce -11.3% | 0.52% | −0.06 |
| WM Waste Management Inc. | Reduce -20.1% | 0.33% | −0.06 |
| SHOP Shopify Inc. Class A | Reduce -39.1% | 0.06% | −0.05 |
| PCOR Procore Technologies Inc. | Reduce -18.8% | 0.34% | −0.05 |
Portfolio Buys Q4 2023 → Q1 2024
| ARM Arm Holdings PLC-ADR | New | 2.25% | +2.25 |
| PSN Parsons Corp. | New | 1.79% | +1.79 |
| SYM Symbotic Inc. | New | 1.77% | +1.77 |
| ROAD Construction Partners Inc. Class A | Add +673.0% | 1.66% | +1.47 |
| CLH Clean Harbors Inc. | Add +255.2% | 1.56% | +1.14 |
| FLYW Flywire Corp.-Voting | Add +257.5% | 1.36% | +0.96 |
| VMC Vulcan Materials Co. | Add +252.9% | 1.21% | +0.89 |
| MLM Martin Marietta Materials | Add +161.6% | 1.36% | +0.89 |
| AVAV Aerovironment Inc. | Add +469.6% | 0.76% | +0.64 |
| FSS Federal Signal Corp. | Add +152.9% | 0.92% | +0.56 |
| ONON On Holding AG Class A | Add +129.0% | 0.85% | +0.54 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +50.5% | 1.28% | +0.52 |
| GOOG Alphabet Inc. Class C | Add +29.7% | 2.53% | +0.52 |
| MUSA Murphy USA Inc. | New | 0.51% | +0.51 |
| LLY Eli Lilly & Co. | New | 0.46% | +0.46 |
| CAT Caterpillar Inc. | Add +109.1% | 0.77% | +0.44 |
| XYZ Block Inc. | Add +52.7% | 1.26% | +0.42 |
| CELH Celsius Holdings Inc. | Add +111.9% | 0.63% | +0.41 |
| EMR Emerson Electric Co. | New | 0.39% | +0.39 |
| MRVL Marvell Technology Inc. | Add +5.1% | 3.97% | +0.39 |
| FISV Fiserv Inc. | Add +7875.0% | 0.39% | +0.38 |
| MNST Monster Beverage Corp. | New | 0.33% | +0.33 |
| CYBR Cyberark Software Ltd./Israel | Add +12.9% | 1.64% | +0.30 |
| AMZN Amazon.com Inc. | Add +1.9% | 3.72% | +0.29 |
| META Meta Platforms Inc. Class A | New | 0.28% | +0.28 |
| KO The Coca-Cola Co. | Add +34.0% | 1.39% | +0.28 |
| LULU Lululemon Athletica Inc. | Add +1066.7% | 0.26% | +0.23 |
| ORLY O'reilly Automotive Inc. | New | 0.21% | +0.21 |
| CROX Crocs Inc. | Add +135.8% | 0.28% | +0.19 |
| EXAS Exact Sciences Corp. | New | 0.12% | +0.12 |
| NTRA Natera Inc. | Add +1.5% | 0.48% | +0.12 |
| MPC Marathon Petroleum Corp. | Add +5.3% | 0.50% | +0.11 |
| TOL Toll Brothers Inc. | New | 0.11% | +0.11 |
| CRM Salesforce Inc. | Add +1.1% | 2.55% | +0.09 |
| PWR Quanta Services Inc. | Add +1.5% | 1.04% | +0.09 |
| CAMT Camtek Ltd. | New | 0.06% | +0.06 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.06% | +0.06 |
| PHM Pultegroup Inc. | New | 0.05% | +0.05 |
| FRPT Freshpet Inc. | Add +6.0% | 0.23% | +0.05 |
| TXG 10X Genomics Inc. Class A | New | 0.05% | +0.05 |
| MSCI MSCI Inc. | Add +42.9% | 0.21% | +0.04 |
| TTWO Take-Two Interactive Softwre | New | 0.04% | +0.04 |
| SNOW Snowflake Inc. | New | 0.03% | +0.03 |
| NOG Northern Oil and Gas Inc. | Add +32.8% | 0.13% | +0.03 |
| MSFT Microsoft Corp. | Add +0.5% | 3.54% | +0.03 |
| SPGI S&P Global Inc. | Add +25.0% | 0.24% | +0.02 |
| WFC Wells Fargo & Co. | Add +7.3% | 0.14% | +0.02 |
| BLMN Bloomin' Brands Inc. | Add +25.3% | 0.10% | +0.01 |
| CWST Casella Waste Systems Inc. Class A | Add +6.7% | 0.12% | +0.01 |
| COP Conocophillips | Add +3.6% | 0.43% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 199 | $300.5M | NVDA, MSFT, GOOG, MU, AMZN |
| Q1 2026 | 191 | $242.1M | NVDA, MSFT, GOOG, AMZN, AMD |
| Q4 2025 | 181 | $264.0M | NVDA, MSFT, GOOG, AMZN, AAPL |
| Q3 2025 | 190 | $249.7M | NVDA, MSFT, AAPL, GOOG, MA |
| Q2 2025 | 200 | $249.3M | MSFT, NVDA, AAPL, NOW, MA |
| Q1 2025 | 185 | $211.9M | NVDA, MSFT, AMZN, AAPL, NOW |
| Q4 2024 | 180 | $251.8M | NVDA, MSFT, AMZN, MRVL, TSLA |
| Q3 2024 | 177 | $259.2M | NVDA, MSFT, AMD, AAPL, MRVL |
| Q2 2024 | 162 | $263.0M | NVDA, MSFT, AMZN, AMD, MRVL |
| Q1 2024 | 169 | $253.7M | NVDA, MRVL, AMD, AMZN, MSFT |