Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. reported 56 stock positions worth $846.2 million. Its top holding was Amazon.com (AMZN) at 6.2% of the portfolio, followed by Eaton (ETN, 5.4%) and Cyberark Software Ltd./Israel (CYBR, 5.3%). Compared with Q1 2025, it opened 6 new positions, sold out of 4, added to 25 and reduced 16. The biggest buy was a new position in Cyberark Software Ltd./Israel (CYBR) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −81%).
- Most Recent 13F
- Q2 2026
- Location
- WARSZAWA, R9
- CIK
- 0002011081
- Portfolio Value
- $846.2M (Q2 2025)
- SEC Filing
- 0002011081-25-000008 ↗ filed Jul 25, 2025
Holdings Value
Holdings 56 stocks · $846.2M
| AMZN Amazon.com Inc. | 6.17% | 237,791 | $52.2M | Add +110.3% |
| ETN Eaton Corp. PLC | 5.43% | 128,810 | $46.0M | Add +704.9% |
| CYBR Cyberark Software Ltd./Israel | 5.31% | 110,380 | $44.9M | New |
| META Meta Platforms Inc. Class A | 5.02% | 57,500 | $42.4M | Add +107.2% |
| SLNO Soleno Therapeutics Inc. | 4.97% | 502,374 | $42.1M | New |
| AVGO Broadcom Inc. | 4.90% | 150,326 | $41.4M | Add +468.4% |
| LLY Eli Lilly & Co. | 4.75% | 51,591 | $40.2M | New |
| LIN Linde PLC | 4.41% | 79,493 | $37.3M | Reduce -0.4% |
| CYTK Cytokinetics Inc. | 4.23% | 1,082,563 | $35.8M | Add +571.2% |
| WM Waste Management Inc. | 4.08% | 150,820 | $34.5M | Add +4.8% |
| AXSM Axsome Therapeutics Inc. | 4.03% | 326,318 | $34.1M | Add +14.3% |
| AMAT Applied Materials Inc. | 3.77% | 174,383 | $31.9M | Add +71.0% |
| VRT Vertiv Holdings Co. Class A | 3.76% | 247,634 | $31.8M | Add +434.1% |
| GOOG Alphabet Inc. Class C | 3.53% | 168,185 | $29.8M | Add +94.4% |
| XYZ Block Inc. | 3.39% | 422,838 | $28.7M | Add +0.2% |
| SNOW Snowflake Inc. | 3.23% | 122,253 | $27.4M | New |
| SRRK Scholar Rock Holding Corp. | 3.22% | 769,442 | $27.3M | Add +145.3% |
| FCX Freeport-McMoran Inc. | 2.84% | 555,093 | $24.1M | No change |
| MELI MercadoLibre Inc. | 1.93% | 6,237 | $16.3M | Reduce -33.6% |
| APH Amphenol Corp. Class A | 1.91% | 163,756 | $16.2M | Reduce -0.0% |
| VZ Verizon Communications Inc. | 1.76% | 344,087 | $14.9M | Reduce -8.4% |
| S Sentinelone Inc. Class A | 1.73% | 802,409 | $14.7M | Add +0.4% |
| JANX Janux Therapeutics Inc. | 1.03% | 376,496 | $8.7M | No change |
| ORCL Oracle Corp. | 0.95% | 36,876 | $8.1M | Add +224.7% |
| AMD Advanced Micro Devices | 0.87% | 52,105 | $7.4M | Add +155.4% |
| MRVL Marvell Technology Inc. | 0.81% | 88,061 | $6.8M | Reduce -0.0% |
| NBIX Neurocrine Biosciences Inc. | 0.80% | 53,954 | $6.8M | No change |
| NVDA Nvidia Corp. | 0.74% | 39,832 | $6.3M | Add +3.1% |
| VRDN Viridian Therapeutics Inc. | 0.70% | 423,272 | $5.9M | No change |
| MSFT Microsoft Corp. | 0.69% | 11,798 | $5.9M | Reduce -0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.65% | 18,796 | $5.5M | Add +1.4% |
| INTC Intel Corp. | 0.65% | 246,619 | $5.5M | No change |
| NFLX Netflix Inc. | 0.61% | 3,839 | $5.1M | Add +0.6% |
| FISV Fiserv Inc. | 0.60% | 29,423 | $5.1M | No change |
| CRM Salesforce Inc. | 0.56% | 17,407 | $4.7M | Reduce -8.7% |
| MA Mastercard Inc. Class A | 0.56% | 8,432 | $4.7M | Add +5.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 9,485 | $4.6M | Reduce -81.2% |
| ABBV Abbvie Inc. | 0.52% | 23,920 | $4.4M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.41% | 6,860 | $3.5M | Reduce -84.2% |
| SCCO Southern Copper Corp. | 0.39% | 32,938 | $3.3M | Add +1.0% |
| MRK Merck & Co. Inc. | 0.38% | 40,429 | $3.2M | New |
| KO The Coca-Cola Co. | 0.35% | 42,154 | $3.0M | Reduce -60.8% |
| WMT Walmart Inc. | 0.34% | 29,154 | $2.9M | Reduce -52.1% |
| GM General Motors Co. | 0.32% | 55,592 | $2.7M | No change |
| UNH Unitedhealth Group Inc. | 0.30% | 8,168 | $2.5M | Add +4.8% |
| AAPL Apple Inc. | 0.30% | 12,277 | $2.5M | No change |
| TSLA Tesla Inc. | 0.29% | 7,720 | $2.5M | Add +6.8% |
| ACN Accenture PLC Class A | 0.23% | 6,439 | $1.9M | Add +0.3% |
| V Visa Inc. Class A | 0.22% | 5,310 | $1.9M | Add +1.3% |
| T AT&T Inc. | 0.22% | 64,012 | $1.9M | Reduce -44.8% |
| NOW ServiceNow Inc. | 0.15% | 1,266 | $1.3M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 0.15% | 4,376 | $1.3M | Add +527.8% |
| WFC Wells Fargo & Co. | 0.09% | 9,267 | $742K | Reduce -67.6% |
| PG The Procter & Gamble Co. | 0.08% | 4,163 | $663K | Reduce -90.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 11,012 | $521K | No change |
| PEP Pepsico Inc. | 0.05% | 3,145 | $415K | Reduce -93.5% |
Portfolio Sells Q1 2025 → Q2 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -81.2% | 0.54% | −5.01 |
| LIN Linde PLC | Reduce -0.4% | 4.41% | −3.26 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -84.2% | 0.41% | −2.74 |
| SWTX Springworks Therapeutics Inc. | Sold out | 0.00% | −2.57 |
| MELI MercadoLibre Inc. | Reduce -33.6% | 1.93% | −1.85 |
| VZ Verizon Communications Inc. | Reduce -8.4% | 1.76% | −1.76 |
| PG The Procter & Gamble Co. | Reduce -90.9% | 0.08% | −1.52 |
| PEP Pepsico Inc. | Reduce -93.5% | 0.05% | −1.45 |
| KO The Coca-Cola Co. | Reduce -60.8% | 0.35% | −1.24 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.94 |
| WMT Walmart Inc. | Reduce -52.1% | 0.34% | −0.77 |
| CRM Salesforce Inc. | Reduce -8.7% | 0.56% | −0.49 |
| T AT&T Inc. | Reduce -44.8% | 0.22% | −0.46 |
| WFC Wells Fargo & Co. | Reduce -67.6% | 0.09% | −0.34 |
| MRVL Marvell Technology Inc. | Reduce -0.0% | 0.81% | −0.31 |
| APH Amphenol Corp. Class A | Reduce -0.0% | 1.91% | −0.31 |
| MSFT Microsoft Corp. | Reduce -0.0% | 0.69% | −0.22 |
| NOW ServiceNow Inc. | Reduce -0.2% | 0.15% | −0.05 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.01 |
| MLTX Moonlake Immunotherapeutics | Sold out | 0.00% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| CYBR Cyberark Software Ltd./Israel | New | 5.31% | +5.31 |
| SLNO Soleno Therapeutics Inc. | New | 4.97% | +4.97 |
| LLY Eli Lilly & Co. | New | 4.75% | +4.75 |
| ETN Eaton Corp. PLC | Add +704.9% | 5.43% | +4.54 |
| AVGO Broadcom Inc. | Add +468.4% | 4.90% | +3.98 |
| SNOW Snowflake Inc. | New | 3.23% | +3.23 |
| VRT Vertiv Holdings Co. Class A | Add +434.1% | 3.76% | +3.07 |
| CYTK Cytokinetics Inc. | Add +571.2% | 4.23% | +2.89 |
| AMZN Amazon.com Inc. | Add +110.3% | 6.17% | +1.73 |
| META Meta Platforms Inc. Class A | Add +107.2% | 5.02% | +1.71 |
| SRRK Scholar Rock Holding Corp. | Add +145.3% | 3.22% | +1.14 |
| GOOG Alphabet Inc. Class C | Add +94.4% | 3.53% | +0.74 |
| AMAT Applied Materials Inc. | Add +71.0% | 3.77% | +0.72 |
| ORCL Oracle Corp. | Add +224.7% | 0.95% | +0.63 |
| ABBV Abbvie Inc. | New | 0.52% | +0.52 |
| AMD Advanced Micro Devices | Add +155.4% | 0.87% | +0.44 |
| MRK Merck & Co. Inc. | New | 0.38% | +0.38 |
| JPM JPMorgan Chase & Co. | Add +527.8% | 0.15% | +0.11 |
| TSLA Tesla Inc. | Add +6.8% | 0.29% | −0.10 |
| NVDA Nvidia Corp. | Add +3.1% | 0.74% | −0.12 |
| NFLX Netflix Inc. | Add +0.6% | 0.61% | −0.13 |
| V Visa Inc. Class A | Add +1.3% | 0.22% | −0.16 |
| ACN Accenture PLC Class A | Add +0.3% | 0.23% | −0.19 |
| SCCO Southern Copper Corp. | Add +1.0% | 0.39% | −0.24 |
| IBM Intl Business Machines Corp. | Add +1.4% | 0.65% | −0.30 |
| MA Mastercard Inc. Class A | Add +5.1% | 0.56% | −0.35 |
| UNH Unitedhealth Group Inc. | Add +4.8% | 0.30% | −0.54 |
| S Sentinelone Inc. Class A | Add +0.4% | 1.73% | −1.27 |
| XYZ Block Inc. | Add +0.2% | 3.39% | −1.34 |
| WM Waste Management Inc. | Add +4.8% | 4.08% | −2.79 |
| AXSM Axsome Therapeutics Inc. | Add +14.3% | 4.03% | −2.85 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 43 | $1.8B | MU, MSFT, AMD, ABVX, AMZN |
| Q1 2026 | 51 | $1.2B | GOOG, MU, ABVX, PTGX, NVDA |
| Q4 2025 | 48 | $1.1B | GOOG, ABVX, AMZN, MU, NVDA |
| Q3 2025 | 46 | $1.3B | RBLX, NVDA, GOOG, INTC, CRWD |
| Q2 2025 | 56 | $846.2M | AMZN, ETN, CYBR, META, SLNO |
| Q1 2025 | 54 | $484.6M | LIN, WM, AXSM, BRK.B, XYZ |
| Q4 2024 | 52 | $826.4M | GOOG, BAC, VRT, SCCO, CRWD |
| Q3 2024 | 48 | $720.5M | SCCO, AMAT, WMT, VKTX, CRWD |
| Q2 2024 | 41 | $615.0M | SCCO, GOOG, CRWD, TDW, NVDA |
| Q1 2024 | 37 | $648.4M | SCCO, GOOG, VKTX, META, NVDA |