Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. reported 46 stock positions worth $1.3 billion. Its top holding was Roblox Class A (RBLX) at 7.8% of the portfolio, followed by Nvidia (NVDA, 7.4%) and Alphabet Class C (GOOG, 6.6%). Compared with Q2 2025, it opened 5 new positions, sold out of 15, added to 16 and reduced 16. The biggest buy was a new position in Roblox Class A (RBLX) and the biggest sale an exit from Cyberark Software Ltd./Israel (CYBR).
- Most Recent 13F
- Q2 2026
- Location
- WARSZAWA, R9
- CIK
- 0002011081
- Portfolio Value
- $1.3B (Q3 2025)
- SEC Filing
- 0002011081-25-000013 ↗ filed Nov 12, 2025
Holdings Value
Holdings 46 stocks · $1.3B
| RBLX Roblox Corp. Class A | 7.82% | 730,629 | $101.2M | New |
| NVDA Nvidia Corp. | 7.35% | 510,042 | $95.2M | Add +1180.5% |
| GOOG Alphabet Inc. Class C | 6.58% | 349,865 | $85.2M | Add +108.0% |
| INTC Intel Corp. | 5.43% | 2,095,595 | $70.3M | Add +749.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 5.42% | 143,035 | $70.1M | Add +1985.1% |
| CYTK Cytokinetics Inc. | 5.06% | 1,192,484 | $65.5M | Add +10.2% |
| ABVX Abivax SA-ADR | 4.80% | 731,523 | $62.1M | New |
| META Meta Platforms Inc. Class A | 4.71% | 82,987 | $60.9M | Add +44.3% |
| VRT Vertiv Holdings Co. Class A | 4.56% | 391,369 | $59.0M | Add +58.0% |
| AMZN Amazon.com Inc. | 4.03% | 237,695 | $52.2M | Reduce -0.0% |
| AVGO Broadcom Inc. | 3.87% | 151,887 | $50.1M | Add +1.0% |
| S Sentinelone Inc. Class A | 3.78% | 2,776,171 | $48.9M | Add +246.0% |
| SNOW Snowflake Inc. | 3.57% | 204,867 | $46.2M | Add +67.6% |
| WDC Western Digital Corp. | 3.19% | 343,864 | $41.3M | New |
| AXSM Axsome Therapeutics Inc. | 3.06% | 326,318 | $39.6M | No change |
| LIN Linde PLC | 2.82% | 76,809 | $36.5M | Reduce -3.4% |
| ORCL Oracle Corp. | 2.69% | 123,579 | $34.8M | Add +235.1% |
| XYZ Block Inc. | 2.36% | 422,597 | $30.5M | Reduce -0.1% |
| QURE Uniqure NV | 2.35% | 521,677 | $30.5M | New |
| SRRK Scholar Rock Holding Corp. | 2.21% | 769,442 | $28.7M | No change |
| MSFT Microsoft Corp. | 1.84% | 46,056 | $23.9M | Add +290.4% |
| WM Waste Management Inc. | 1.69% | 99,234 | $21.9M | Reduce -34.2% |
| FCX Freeport-McMoran Inc. | 1.68% | 555,093 | $21.8M | No change |
| AMAT Applied Materials Inc. | 1.28% | 80,612 | $16.5M | Reduce -53.8% |
| ETN Eaton Corp. PLC | 1.13% | 39,000 | $14.6M | Reduce -69.7% |
| MELI MercadoLibre Inc. | 1.13% | 6,236 | $14.6M | Reduce -0.0% |
| JANX Janux Therapeutics Inc. | 0.71% | 376,496 | $9.2M | No change |
| VRDN Viridian Therapeutics Inc. | 0.71% | 423,272 | $9.1M | No change |
| NKTR Nektar Therapeutics | 0.68% | 153,846 | $8.8M | New |
| MRVL Marvell Technology Inc. | 0.57% | 88,061 | $7.4M | No change |
| AMD Advanced Micro Devices | 0.38% | 30,009 | $4.9M | Reduce -42.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 9,546 | $4.8M | Add +0.6% |
| NFLX Netflix Inc. | 0.36% | 3,860 | $4.6M | Add +0.6% |
| SCCO Southern Copper Corp. | 0.31% | 33,270 | $4.0M | Add +1.0% |
| FISV Fiserv Inc. | 0.29% | 29,423 | $3.8M | No change |
| AAPL Apple Inc. | 0.24% | 12,267 | $3.1M | Reduce -0.1% |
| WMT Walmart Inc. | 0.23% | 29,137 | $3.0M | Reduce -0.1% |
| CRM Salesforce Inc. | 0.17% | 9,183 | $2.2M | Reduce -47.3% |
| V Visa Inc. Class A | 0.15% | 5,583 | $1.9M | Add +5.1% |
| JPM JPMorgan Chase & Co. | 0.11% | 4,365 | $1.4M | Reduce -0.3% |
| NOW ServiceNow Inc. | 0.09% | 1,265 | $1.2M | Reduce -0.1% |
| WFC Wells Fargo & Co. | 0.06% | 9,245 | $775K | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.05% | 4,152 | $638K | Reduce -0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.04% | 11,012 | $568K | No change |
| PEP Pepsico Inc. | 0.03% | 3,145 | $442K | No change |
| KO The Coca-Cola Co. | 0.03% | 5,245 | $348K | Reduce -87.6% |
Portfolio Sells Q2 2025 → Q3 2025
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −5.31 |
| SLNO Soleno Therapeutics Inc. | Sold out | 0.00% | −4.97 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −4.75 |
| ETN Eaton Corp. PLC | Reduce -69.7% | 1.13% | −4.31 |
| AMAT Applied Materials Inc. | Reduce -53.8% | 1.28% | −2.50 |
| WM Waste Management Inc. | Reduce -34.2% | 1.69% | −2.39 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 4.03% | −2.13 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −1.91 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −1.76 |
| LIN Linde PLC | Reduce -3.4% | 2.82% | −1.59 |
| XYZ Block Inc. | Reduce -0.1% | 2.36% | −1.03 |
| NBIX Neurocrine Biosciences Inc. | Sold out | 0.00% | −0.80 |
| MELI MercadoLibre Inc. | Reduce -0.0% | 1.13% | −0.80 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.65 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.56 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.52 |
| AMD Advanced Micro Devices | Reduce -42.4% | 0.38% | −0.50 |
| CRM Salesforce Inc. | Reduce -47.3% | 0.17% | −0.39 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.38 |
| KO The Coca-Cola Co. | Reduce -87.6% | 0.03% | −0.33 |
| GM General Motors Co. | Sold out | 0.00% | −0.32 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.30 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.29 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.23 |
| T AT&T Inc. | Sold out | 0.00% | −0.22 |
| WMT Walmart Inc. | Reduce -0.1% | 0.23% | −0.10 |
| NOW ServiceNow Inc. | Reduce -0.1% | 0.09% | −0.06 |
| AAPL Apple Inc. | Reduce -0.1% | 0.24% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 0.11% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -0.3% | 0.05% | −0.03 |
| WFC Wells Fargo & Co. | Reduce -0.2% | 0.06% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| RBLX Roblox Corp. Class A | New | 7.82% | +7.82 |
| NVDA Nvidia Corp. | Add +1180.5% | 7.35% | +6.61 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +1985.1% | 5.42% | +5.01 |
| ABVX Abivax SA-ADR | New | 4.80% | +4.80 |
| INTC Intel Corp. | Add +749.7% | 5.43% | +4.78 |
| WDC Western Digital Corp. | New | 3.19% | +3.19 |
| GOOG Alphabet Inc. Class C | Add +108.0% | 6.58% | +3.06 |
| QURE Uniqure NV | New | 2.35% | +2.35 |
| S Sentinelone Inc. Class A | Add +246.0% | 3.78% | +2.04 |
| ORCL Oracle Corp. | Add +235.1% | 2.69% | +1.73 |
| MSFT Microsoft Corp. | Add +290.4% | 1.84% | +1.15 |
| CYTK Cytokinetics Inc. | Add +10.2% | 5.06% | +0.84 |
| VRT Vertiv Holdings Co. Class A | Add +58.0% | 4.56% | +0.80 |
| NKTR Nektar Therapeutics | New | 0.68% | +0.68 |
| SNOW Snowflake Inc. | Add +67.6% | 3.57% | +0.34 |
| V Visa Inc. Class A | Add +5.1% | 0.15% | −0.08 |
| SCCO Southern Copper Corp. | Add +1.0% | 0.31% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.6% | 0.37% | −0.17 |
| NFLX Netflix Inc. | Add +0.6% | 0.36% | −0.25 |
| META Meta Platforms Inc. Class A | Add +44.3% | 4.71% | −0.31 |
| AVGO Broadcom Inc. | Add +1.0% | 3.87% | −1.02 |
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 |