Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 29, 2025), Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna reported 162 stock positions worth $263.0 million. Its top holding was Nvidia (NVDA) at 6.6% of the portfolio, followed by Microsoft (MSFT, 3.7%) and Amazon.com (AMZN, 3.6%). Compared with Q1 2024, it opened 14 new positions, sold out of 21, added to 53 and reduced 55. The biggest buy was Apple (AAPL, shares +684%) and the biggest sale Zscaler (ZS, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002079571
- Portfolio Value
- $263.0M (Q2 2024)
- SEC Filing
- 0002079571-25-000005 ↗ filed Aug 29, 2025
Holdings Value
Holdings 162 stocks · $263.0M
| NVDA Nvidia Corp. | 6.63% | 141,030 | $17.4M | Reduce -24.6% |
| MSFT Microsoft Corp. | 3.70% | 21,771 | $9.7M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 3.62% | 49,236 | $9.5M | Reduce -9.8% |
| AMD Advanced Micro Devices | 3.52% | 57,079 | $9.3M | Reduce -0.0% |
| MRVL Marvell Technology Inc. | 3.34% | 125,562 | $8.8M | Reduce -15.2% |
| GOOG Alphabet Inc. Class C | 3.12% | 44,692 | $8.2M | Add +1.7% |
| ARM Arm Holdings PLC-ADR | 3.04% | 48,781 | $8.0M | Add +2.6% |
| ISRG Intuitive Surgical Inc. | 2.69% | 15,891 | $7.1M | No change |
| ELF Elf Beauty Inc. | 2.59% | 32,356 | $6.8M | Add +60.1% |
| AAPL Apple Inc. | 2.39% | 29,797 | $6.3M | Add +683.9% |
| NOW ServiceNow Inc. | 2.18% | 7,277 | $5.7M | Reduce -21.6% |
| V Visa Inc. Class A | 2.08% | 20,869 | $5.5M | Reduce -13.9% |
| CRM Salesforce Inc. | 2.05% | 21,011 | $5.4M | Reduce -6.1% |
| MU Micron Technology Inc. | 1.99% | 39,745 | $5.2M | Reduce -3.4% |
| MA Mastercard Inc. Class A | 1.98% | 11,783 | $5.2M | Reduce -1.8% |
| PSN Parsons Corp. | 1.81% | 58,189 | $4.8M | Add +1.8% |
| QCOM Qualcomm Inc. | 1.79% | 23,685 | $4.7M | Add +2.5% |
| CLH Clean Harbors Inc. | 1.73% | 20,057 | $4.5M | Reduce -2.4% |
| MPWR Monolithic Power Systems Inc. | 1.72% | 5,495 | $4.5M | No change |
| ROAD Construction Partners Inc. Class A | 1.67% | 79,376 | $4.4M | Add +1.7% |
| DXCM Dexcom Inc. | 1.66% | 38,420 | $4.4M | Reduce -12.1% |
| CYBR Cyberark Software Ltd./Israel | 1.59% | 15,250 | $4.2M | Reduce -6.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.53% | 10,490 | $4.0M | Reduce -0.4% |
| RMBS Rambus Inc. | 1.53% | 68,400 | $4.0M | Reduce -14.1% |
| KO The Coca-Cola Co. | 1.48% | 61,002 | $3.9M | Add +1.1% |
| SYM Symbotic Inc. | 1.38% | 103,245 | $3.6M | Reduce -0.8% |
| MLM Martin Marietta Materials | 1.22% | 5,918 | $3.2M | Add +0.8% |
| VMC Vulcan Materials Co. | 1.11% | 11,721 | $2.9M | No change |
| IRDM Iridium Communications Inc. | 1.05% | 104,043 | $2.8M | No change |
| DDOG Datadog Inc. Class A | 1.00% | 20,266 | $2.6M | Reduce -26.8% |
| PWR Quanta Services Inc. | 0.98% | 10,157 | $2.6M | Reduce -4.5% |
| FSS Federal Signal Corp. | 0.96% | 30,087 | $2.5M | Add +4.4% |
| AVAV Aerovironment Inc. | 0.95% | 13,774 | $2.5M | Add +5.2% |
| WCN Waste Connections Inc. | 0.94% | 14,103 | $2.5M | Add +1.1% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.93% | 62,780 | $2.4M | Reduce -1.8% |
| XYZ Block Inc. | 0.92% | 37,400 | $2.4M | Reduce -5.5% |
| DECK Deckers Outdoor Corp. | 0.87% | 2,376 | $2.3M | Add +3.3% |
| FLYW Flywire Corp.-Voting | 0.86% | 138,100 | $2.3M | Reduce -4.5% |
| WAB Wabtec Corp. | 0.77% | 12,748 | $2.0M | Add +2.4% |
| IR Ingersoll-Rand Inc. | 0.74% | 21,403 | $1.9M | No change |
| CP Canadian Pacific Kansas City | 0.71% | 23,916 | $1.9M | Add +52.4% |
| CAT Caterpillar Inc. | 0.70% | 5,537 | $1.8M | Reduce -0.8% |
| CDNS Cadence Design SYS Inc. | 0.69% | 5,895 | $1.8M | Reduce -0.3% |
| LLY Eli Lilly & Co. | 0.67% | 1,938 | $1.8M | Add +23.2% |
| BABA Alibaba Group Holding-SP ADR | 0.65% | 23,850 | $1.7M | New |
| MUSA Murphy USA Inc. | 0.65% | 3,656 | $1.7M | Add +12.9% |
| LSCC Lattice Semiconductor Corp. | 0.63% | 28,570 | $1.7M | No change |
| ICE Intercontinental Exchange Inc. | 0.57% | 11,000 | $1.5M | Add +10.0% |
| EOG EOG Resources Inc. | 0.55% | 11,468 | $1.4M | Add +5.1% |
| MCHP Microchip Technology Inc. | 0.54% | 15,600 | $1.4M | Reduce -13.3% |
| HUBS HubSpot Inc. | 0.53% | 2,375 | $1.4M | No change |
| NTRA Natera Inc. | 0.53% | 12,910 | $1.4M | Reduce -6.5% |
| EXTR Extreme Networks Inc. | 0.51% | 100,400 | $1.4M | No change |
| SHW The Sherwin-Williams Co. | 0.51% | 4,519 | $1.3M | Reduce -0.5% |
| GFF Griffon Corp. | 0.51% | 20,950 | $1.3M | Add +3.5% |
| LIN Linde PLC | 0.49% | 2,948 | $1.3M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 0.49% | 2,542 | $1.3M | Add +65.7% |
| MPC Marathon Petroleum Corp. | 0.47% | 7,071 | $1.2M | Add +7.1% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.44% | 10,809 | $1.2M | No change |
| COP Conocophillips | 0.43% | 9,808 | $1.1M | Add +10.1% |
| SNPS Synopsys Inc. | 0.42% | 1,850 | $1.1M | No change |
| ANSS Ansys Inc. | 0.40% | 3,250 | $1.0M | No change |
| UNH Unitedhealth Group Inc. | 0.39% | 2,017 | $1.0M | Add +8.6% |
| ADSK Autodesk Inc. | 0.39% | 4,097 | $1.0M | Reduce -0.5% |
| EMR Emerson Electric Co. | 0.38% | 9,100 | $1.0M | No change |
| FISV Fiserv Inc. | 0.36% | 6,380 | $951K | No change |
| PANW Palo Alto Networks Inc. | 0.36% | 2,800 | $949K | Reduce -14.4% |
| NVTS Navitas Semiconductor Corp. | 0.36% | 240,300 | $944K | No change |
| ABBV Abbvie Inc. | 0.35% | 5,372 | $921K | Add +1.2% |
| FRPT Freshpet Inc. | 0.34% | 7,000 | $906K | Add +32.1% |
| PTC PTC Inc. | 0.33% | 4,800 | $872K | No change |
| WM Waste Management Inc. | 0.33% | 4,049 | $864K | Reduce -0.5% |
| VEEV Veeva Systems Inc. Class A | 0.30% | 4,310 | $789K | No change |
| CROX Crocs Inc. | 0.29% | 5,138 | $750K | Add +0.6% |
| MNST Monster Beverage Corp. | 0.28% | 14,750 | $737K | No change |
| ROK Rockwell Automation Inc. | 0.28% | 2,650 | $729K | No change |
| B Barrick Gold Corp. | 0.27% | 42,131 | $701K | Reduce -14.4% |
| DVN Devon Energy Corp. | 0.26% | 14,695 | $697K | Reduce -0.4% |
| FCX Freeport-McMoran Inc. | 0.26% | 14,225 | $691K | Add +28.6% |
| SPGI S&P Global Inc. | 0.25% | 1,500 | $669K | No change |
| PCOR Procore Technologies Inc. | 0.24% | 9,500 | $630K | Reduce -12.0% |
| AXONICS INC | 0.24% | 9,200 | $619K | No change |
| CSX CSX Corp. | 0.23% | 18,173 | $608K | Reduce -0.7% |
| UNP Union Pacific Corp. | 0.22% | 2,500 | $566K | Reduce -30.6% |
| ADBE Adobe Inc. | 0.21% | 1,000 | $556K | New |
| MCO Moody's Corp. | 0.21% | 1,300 | $547K | Add +85.7% |
| ORLY O'reilly Automotive Inc. | 0.20% | 500 | $528K | No change |
| LULU Lululemon Athletica Inc. | 0.20% | 1,750 | $523K | No change |
| JPM JPMorgan Chase & Co. | 0.18% | 2,342 | $474K | Reduce -1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.17% | 2,580 | $448K | Add +3.2% |
| HD Home Depot Inc. | 0.17% | 1,278 | $440K | Reduce -2.6% |
| NEM Newmont Corp. | 0.16% | 10,120 | $424K | Add +20.0% |
| FICO Fair Isaac Corp. | 0.16% | 280 | $417K | No change |
| TW Tradeweb Markets Inc. Class A | 0.15% | 3,730 | $395K | Add +273.0% |
| WFC Wells Fargo & Co. | 0.15% | 6,445 | $383K | Reduce -1.6% |
| NOV Nov Inc. | 0.14% | 19,500 | $371K | Add +14.7% |
| NOG Northern Oil and Gas Inc. | 0.14% | 9,800 | $364K | Add +10.1% |
| CWST Casella Waste Systems Inc. Class A | 0.13% | 3,500 | $347K | Add +9.4% |
| POOL Pool Corp. | 0.13% | 1,112 | $342K | Reduce -1.2% |
| MSCI MSCI Inc. | 0.13% | 700 | $337K | Reduce -30.0% |
Portfolio Sells Q1 2024 → Q2 2024
| ZS Zscaler Inc. | Reduce -95.6% | 0.03% | −0.65 |
| DXCM Dexcom Inc. | Reduce -12.1% | 1.66% | −0.63 |
| MRVL Marvell Technology Inc. | Reduce -15.2% | 3.34% | −0.63 |
| CELH Celsius Holdings Inc. | Reduce -94.0% | 0.03% | −0.61 |
| NOW ServiceNow Inc. | Reduce -21.6% | 2.18% | −0.50 |
| FLYW Flywire Corp.-Voting | Reduce -4.5% | 0.86% | −0.49 |
| CRM Salesforce Inc. | Reduce -6.1% | 2.05% | −0.49 |
| V Visa Inc. Class A | Reduce -13.9% | 2.08% | −0.47 |
| SYM Symbotic Inc. | Reduce -0.8% | 1.38% | −0.39 |
| AMD Advanced Micro Devices | Reduce -0.0% | 3.52% | −0.37 |
| XYZ Block Inc. | Reduce -5.5% | 0.92% | −0.35 |
| RMBS Rambus Inc. | Reduce -14.1% | 1.53% | −0.33 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.30 |
| DDOG Datadog Inc. Class A | Reduce -26.8% | 1.00% | −0.29 |
| MA Mastercard Inc. Class A | Reduce -1.8% | 1.98% | −0.21 |
| FIVE Five Below | Sold out | 0.00% | −0.17 |
| UNP Union Pacific Corp. | Reduce -30.6% | 0.22% | −0.12 |
| PLAY Dave & Buster's Entertainmen | Reduce -20.0% | 0.12% | −0.12 |
| BLMN Bloomin' Brands Inc. | Sold out | 0.00% | −0.10 |
| AMZN Amazon.com Inc. | Reduce -9.8% | 3.62% | −0.10 |
| PCOR Procore Technologies Inc. | Reduce -12.0% | 0.24% | −0.10 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.09 |
| KNSL Kinsale Capital Group Inc. | Reduce -42.3% | 0.07% | −0.09 |
| MSCI MSCI Inc. | Reduce -30.0% | 0.13% | −0.08 |
| SHW The Sherwin-Williams Co. | Reduce -0.5% | 0.51% | −0.08 |
| DUOL Duolingo | Sold out | 0.00% | −0.08 |
| EXAS Exact Sciences Corp. | Reduce -34.8% | 0.05% | −0.07 |
| CAT Caterpillar Inc. | Reduce -0.8% | 0.70% | −0.07 |
| M D C HLDGS INC | Sold out | 0.00% | −0.07 |
| MCHP Microchip Technology Inc. | Reduce -13.3% | 0.54% | −0.07 |
| PWR Quanta Services Inc. | Reduce -4.5% | 0.98% | −0.06 |
| CYBR Cyberark Software Ltd./Israel | Reduce -6.4% | 1.59% | −0.05 |
| POOL Pool Corp. | Reduce -1.2% | 0.13% | −0.04 |
| B Barrick Gold Corp. | Reduce -14.4% | 0.27% | −0.04 |
| INSP Inspire Medical Systems Inc. | Sold out | 0.00% | −0.04 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.04 |
| RGNX Regenxbio Inc. | Sold out | 0.00% | −0.03 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.03 |
| AMBA Ambarella Inc. | Sold out | 0.00% | −0.03 |
| BMRN Biomarin Pharmaceutical Inc. | Sold out | 0.00% | −0.03 |
| DE Deere & Co. | Reduce -27.6% | 0.06% | −0.03 |
| AGCO Agco Corp. | Reduce -3.4% | 0.10% | −0.03 |
| SHOP Shopify Inc. Class A | Reduce -34.4% | 0.04% | −0.03 |
| LIN Linde PLC | Reduce -0.4% | 0.49% | −0.03 |
| CSX CSX Corp. | Reduce -0.7% | 0.23% | −0.03 |
| FDX FedEx Corp. | Reduce -26.4% | 0.08% | −0.02 |
| HD Home Depot Inc. | Reduce -2.6% | 0.17% | −0.02 |
| ADSK Autodesk Inc. | Reduce -0.5% | 0.39% | −0.02 |
| ANET Arista Networks Inc. | Reduce -34.4% | 0.07% | −0.02 |
| DVN Devon Energy Corp. | Reduce -0.4% | 0.26% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +683.9% | 2.39% | +2.14 |
| ELF Elf Beauty Inc. | Add +60.1% | 2.59% | +1.10 |
| ARM Arm Holdings PLC-ADR | Add +2.6% | 3.04% | +0.79 |
| BABA Alibaba Group Holding-SP ADR | New | 0.65% | +0.65 |
| GOOG Alphabet Inc. Class C | Add +1.7% | 3.12% | +0.59 |
| QCOM Qualcomm Inc. | Add +2.5% | 1.79% | +0.32 |
| ADBE Adobe Inc. | New | 0.21% | +0.21 |
| META Meta Platforms Inc. Class A | Add +65.7% | 0.49% | +0.21 |
| LLY Eli Lilly & Co. | Add +23.2% | 0.67% | +0.20 |
| AVAV Aerovironment Inc. | Add +5.2% | 0.95% | +0.20 |
| CP Canadian Pacific Kansas City | Add +52.4% | 0.71% | +0.19 |
| MUSA Murphy USA Inc. | Add +12.9% | 0.65% | +0.14 |
| FRPT Freshpet Inc. | Add +32.1% | 0.34% | +0.11 |
| TW Tradeweb Markets Inc. Class A | Add +273.0% | 0.15% | +0.11 |
| MCO Moody's Corp. | Add +85.7% | 0.21% | +0.10 |
| KO The Coca-Cola Co. | Add +1.1% | 1.48% | +0.08 |
| WAB Wabtec Corp. | Add +2.4% | 0.77% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | New | 0.07% | +0.07 |
| FCX Freeport-McMoran Inc. | Add +28.6% | 0.26% | +0.07 |
| DECK Deckers Outdoor Corp. | Add +3.3% | 0.87% | +0.06 |
| ICE Intercontinental Exchange Inc. | Add +10.0% | 0.57% | +0.05 |
| MELI MercadoLibre Inc. | New | 0.05% | +0.05 |
| PRMW Primo Water Corp. | Add +100.0% | 0.08% | +0.05 |
| NEM Newmont Corp. | Add +20.0% | 0.16% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +8.6% | 0.39% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.2% | 0.17% | +0.04 |
| ORCL Oracle Corp. | Add +626.3% | 0.05% | +0.04 |
| NFLX Netflix Inc. | New | 0.04% | +0.04 |
| FSS Federal Signal Corp. | Add +4.4% | 0.96% | +0.03 |
| WCN Waste Connections Inc. | Add +1.1% | 0.94% | +0.03 |
| KTOS Kratos Defense & Security | New | 0.03% | +0.03 |
| CAMT Camtek Ltd. | Add +2.8% | 0.09% | +0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Add +33.8% | 0.08% | +0.03 |
| TSLA Tesla Inc. | New | 0.03% | +0.03 |
| CMG Chipotle Mexican Grill Inc. | New | 0.03% | +0.03 |
| EOG EOG Resources Inc. | Add +5.1% | 0.55% | +0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +25.0% | 0.08% | +0.02 |
| PSN Parsons Corp. | Add +1.8% | 1.81% | +0.02 |
| WMT Walmart Inc. | Add +11.8% | 0.09% | +0.02 |
| NOV Nov Inc. | Add +14.7% | 0.14% | +0.02 |
| LNG Cheniere Energy Inc. | Add +13.8% | 0.07% | +0.01 |
| BAC Bank of America Corp. | Add +11.1% | 0.09% | +0.01 |
| CWST Casella Waste Systems Inc. Class A | Add +9.4% | 0.13% | +0.01 |
| MDB Mongodb Inc. | Add +460.0% | 0.02% | +0.01 |
| ROAD Construction Partners Inc. Class A | Add +1.7% | 1.67% | +0.01 |
| MRK Merck & Co. Inc. | New | 0.01% | +0.01 |
| CROX Crocs Inc. | Add +0.6% | 0.29% | +0.01 |
| CARR Carrier Global Corp. | New | 0.01% | +0.01 |
| LOPE Grand Canyon Education Inc. | New | 0.01% | +0.01 |
| AZO AutoZone Inc. | New | 0.01% | +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 |