PKO Investment Management Joint-Stock Co
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 20, 2026), PKO Investment Management Joint-Stock Co reported 228 stock positions worth $1.4 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 11.4% of the portfolio, followed by Nvidia (NVDA, 5.3%) and Apple (AAPL, 3.6%). Compared with Q1 2026, it opened 21 new positions, sold out of 14, added to 69 and reduced 66. The biggest buy was a new position in Sandisk (SNDK) and the biggest sale Microsoft (MSFT, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002059321
- Portfolio Value
- $1.4B (Q2 2026)
- SEC Filing
- 0002059321-26-000004 ↗ filed Jul 20, 2026
Holdings Value
Holdings 228 stocks · $1.4B
| IVV iShares Core S&P 500 ETF | 11.35% | 208,689 | $156.3M | Add +2.9% |
| NVDA Nvidia Corp. | 5.35% | 368,000 | $73.6M | Add +13.2% |
| AAPL Apple Inc. | 3.57% | 170,000 | $49.2M | Reduce -2.9% |
| MU Micron Technology Inc. | 3.27% | 39,000 | $45.0M | Reduce -11.4% |
| MSFT Microsoft Corp. | 2.55% | 94,000 | $35.1M | Reduce -5.0% |
| VOO Vanguard S&P 500 ETF | 2.48% | 49,725 | $34.2M | Add +2.0% |
| AMZN Amazon.com Inc. | 2.48% | 143,000 | $34.1M | Reduce -2.0% |
| NEM Newmont Corp. | 2.29% | 337,434 | $31.5M | Add +1.6% |
| AEM Agnico Eagle Mines Ltd. | 2.28% | 203,120 | $31.4M | Add +14.3% |
| AMD Advanced Micro Devices | 2.24% | 53,000 | $30.8M | Reduce -1.9% |
| TSLA Tesla Inc. | 1.88% | 61,500 | $25.9M | Reduce -14.9% |
| GOOGL Alphabet Inc. Class A | 1.77% | 68,000 | $24.3M | Reduce -10.5% |
| B Barrick Mining Corp. | 1.69% | 636,102 | $23.3M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.67% | 65,000 | $23.0M | Reduce -4.4% |
| AVGO Broadcom Inc. | 1.65% | 60,000 | $22.7M | Add +3.5% |
| INTC Intel Corp. | 1.64% | 162,000 | $22.6M | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 1.47% | 36,000 | $20.3M | Reduce -12.2% |
| AMAT Applied Materials Inc. | 1.37% | 26,000 | $18.8M | Add +4.0% |
| LRCX Lam Research Corp. | 1.27% | 40,500 | $17.5M | Reduce -1.2% |
| WPM Wheaton Precious Metals Corp. | 1.23% | 150,476 | $16.9M | Add +12.8% |
| WMT Walmart Inc. | 1.15% | 140,000 | $15.9M | No change |
| FNV Franco-Nevada Corp. | 1.08% | 71,576 | $14.9M | Add +1.5% |
| IEMG iShares Core MSCI Emerging | 0.97% | 161,635 | $13.4M | Add +10.3% |
| KGC Kinross Gold Corp. | 0.96% | 561,101 | $13.2M | Add +9.1% |
| CSCO Cisco Systems Inc. | 0.94% | 110,000 | $12.9M | Reduce -15.4% |
| KLAC KLA Corp. | 0.92% | 42,000 | $12.7M | Reduce -6.7% |
| XOM Exxon Mobil Corp. | 0.92% | 92,515 | $12.6M | Reduce -2.0% |
| COST Costco Wholesale Corp. | 0.88% | 13,000 | $12.2M | Add +8.3% |
| IWM iShares Russell 2000 ETF | 0.83% | 38,033 | $11.4M | No change |
| NFLX Netflix Inc. | 0.83% | 160,000 | $11.4M | Add +14.3% |
| GFI Gold Fields Ltd.-Spons ADR | 0.82% | 337,961 | $11.4M | Add +10.8% |
| LLY Eli Lilly & Co. | 0.76% | 8,750 | $10.5M | Reduce -13.4% |
| SNDK Sandisk Corp. | 0.74% | 4,500 | $10.2M | New |
| EEM iShares MSCI Emerging Market | 0.70% | 141,513 | $9.7M | Reduce -8.0% |
| TXN Texas Instruments Inc. | 0.69% | 32,000 | $9.5M | Add +6.7% |
| CVX Chevron Corp. | 0.68% | 56,235 | $9.3M | No change |
| PAAS Pan American Silver Corp. | 0.66% | 203,290 | $9.1M | Add +3.3% |
| MRVL Marvell Technology Inc. | 0.65% | 30,000 | $8.9M | Reduce -42.6% |
| PLTR Palantir Technologies Inc. Class A | 0.64% | 76,000 | $8.9M | No change |
| PANW Palo Alto Networks Inc. | 0.64% | 26,000 | $8.9M | Add +4.0% |
| PEP Pepsico Inc. | 0.62% | 62,735 | $8.5M | Add +79.2% |
| GILD Gilead Sciences Inc. | 0.54% | 58,500 | $7.4M | Add +19.4% |
| WDC Western Digital Corp. | 0.53% | 11,500 | $7.3M | Add +4.5% |
| CDE Coeur Mining Inc. | 0.52% | 438,898 | $7.2M | Add +11.3% |
| JNJ Johnson & Johnson | 0.52% | 28,200 | $7.2M | Add +4.4% |
| ISRG Intuitive Surgical Inc. | 0.49% | 17,100 | $6.8M | Add +3.6% |
| ADI Analog Devices Inc. | 0.49% | 17,000 | $6.8M | No change |
| QCOM Qualcomm Inc. | 0.48% | 36,000 | $6.7M | Reduce -5.3% |
| MAR Marriott International Class A | 0.47% | 17,600 | $6.5M | Add +12.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.47% | 8,500 | $6.5M | Reduce -5.6% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 0.47% | 77,008 | $6.4M | Reduce -18.1% |
| AGI Alamos Gold Inc. Class A | 0.44% | 198,363 | $6.0M | Add +0.5% |
| AMGN Amgen Inc. | 0.43% | 16,400 | $5.9M | Reduce -27.4% |
| IJR iShares Core S&P Small-Cap E | 0.43% | 39,786 | $5.9M | No change |
| TMUS T-Mobile US Inc. | 0.43% | 35,000 | $5.9M | No change |
| UNH Unitedhealth Group Inc. | 0.41% | 13,489 | $5.6M | Reduce -2.2% |
| HLT Hilton Worldwide Holdings Inc. | 0.40% | 16,657 | $5.5M | Add +75.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.40% | 11,050 | $5.5M | Add +0.5% |
| RGLD Royal Gold Inc. | 0.39% | 27,067 | $5.4M | No change |
| BKNG Booking Holdings Inc. | 0.39% | 30,000 | $5.3M | Add +20.0% |
| ABBV Abbvie Inc. | 0.39% | 21,200 | $5.3M | Add +0.9% |
| INTU Intuit Inc. | 0.39% | 20,328 | $5.3M | Add +103.3% |
| APP AppLovin Corp. Class A | 0.38% | 10,200 | $5.3M | Reduce -2.9% |
| URTH iShares MSCI World ETF | 0.37% | 24,800 | $5.0M | No change |
| SHOP Shopify Inc. Class A | 0.33% | 40,000 | $4.6M | No change |
| CLH Clean Harbors Inc. | 0.33% | 15,000 | $4.5M | No change |
| ARM Arm Holdings PLC-ADR | 0.31% | 12,000 | $4.3M | Add +140.0% |
| AG First Majestic Silver Corp. | 0.30% | 243,706 | $4.1M | Add +9.4% |
| PFE Pfizer Inc. | 0.29% | 166,450 | $4.0M | Add +156.1% |
| EQX Equinox Gold Corp. | 0.28% | 400,248 | $3.9M | Add +14.3% |
| COP Conocophillips | 0.28% | 37,319 | $3.9M | Reduce -15.6% |
| MRK Merck & Co. Inc. | 0.28% | 30,000 | $3.9M | Add +3.5% |
| IAG Iamgold Corp. | 0.27% | 234,974 | $3.7M | Add +10.8% |
| REGN Regeneron Pharmaceuticals | 0.27% | 5,900 | $3.7M | Add +2.6% |
| CVS CVS Health Corp. | 0.27% | 35,300 | $3.7M | Reduce -2.8% |
| EGO Eldorado Gold Corp. | 0.26% | 115,947 | $3.6M | Add +39.8% |
| HL Hecla Mining Co. | 0.26% | 231,914 | $3.6M | Add +13.7% |
| FTNT Fortinet Inc. | 0.25% | 22,000 | $3.4M | No change |
| CDNS Cadence Design SYS Inc. | 0.23% | 8,600 | $3.2M | Reduce -14.0% |
| HMY Harmony Gold MNG-Spon ADR | 0.23% | 206,836 | $3.1M | No change |
| ADBE Adobe Inc. | 0.22% | 15,000 | $3.1M | No change |
| SNPS Synopsys Inc. | 0.22% | 6,700 | $3.0M | Add +3.1% |
| CEG Constellation Energy | 0.22% | 12,000 | $3.0M | No change |
| ADP Automatic Data Processing | 0.21% | 13,000 | $2.9M | Reduce -13.3% |
| FCX Freeport-McMoran Inc. | 0.21% | 46,268 | $2.9M | Reduce -16.4% |
| FANG Diamondback Energy Inc. | 0.20% | 15,950 | $2.8M | Add +23.2% |
| DASH DoorDash Inc. Class A | 0.20% | 15,000 | $2.8M | No change |
| MELI MercadoLibre Inc. | 0.20% | 1,600 | $2.7M | Reduce -46.7% |
| CMCSA Comcast Corp. Class A | 0.20% | 110,000 | $2.7M | Add +37.5% |
| OGC Oceanagold Corp. | 0.20% | 107,868 | $2.7M | New |
| EIX Edison International | 0.19% | 35,250 | $2.6M | New |
| DDOG Datadog Inc. Class A | 0.19% | 10,000 | $2.6M | Reduce -16.7% |
| CI The Cigna Group | 0.19% | 9,400 | $2.6M | Add +3.3% |
| SBUX Starbucks Corp. | 0.19% | 25,000 | $2.6M | Reduce -28.6% |
| ORLY O'reilly Automotive Inc. | 0.18% | 27,000 | $2.5M | No change |
| TER Teradyne Inc. | 0.18% | 5,000 | $2.4M | New |
| ALAB Astera Labs Inc. | 0.18% | 5,000 | $2.4M | New |
| EMR Emerson Electric Co. | 0.17% | 16,778 | $2.4M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.17% | 24,786 | $2.4M | New |
| CSX CSX Corp. | 0.17% | 50,000 | $2.4M | No change |
Portfolio Sells Q1 2026 → Q2 2026
| MSFT Microsoft Corp. | Reduce -5.0% | 2.55% | −0.54 |
| META Meta Platforms Inc. Class A | Reduce -12.2% | 1.47% | −0.50 |
| B Barrick Mining Corp. | Reduce -0.3% | 1.69% | −0.50 |
| XOM Exxon Mobil Corp. | Reduce -2.0% | 0.92% | −0.43 |
| TSLA Tesla Inc. | Reduce -14.9% | 1.88% | −0.38 |
| MELI MercadoLibre Inc. | Reduce -46.7% | 0.20% | −0.24 |
| AMGN Amgen Inc. | Reduce -27.4% | 0.43% | −0.24 |
| COP Conocophillips | Reduce -15.6% | 0.28% | −0.21 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.17 |
| AAPL Apple Inc. | Reduce -2.9% | 3.57% | −0.16 |
| INSM Insmed Inc. | Reduce -56.8% | 0.04% | −0.12 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -18.1% | 0.47% | −0.11 |
| TRI Thomson Reuters Corp. | Sold out | 0.00% | −0.10 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.10 |
| BVN Cia DE Minas Buenaventur-ADR | Reduce -9.0% | 0.17% | −0.10 |
| SU Suncor Energy Inc. | Reduce -16.8% | 0.14% | −0.10 |
| EOG EOG Resources Inc. | Reduce -21.3% | 0.15% | −0.10 |
| TTWO Take-Two Interactive Softwre | Reduce -50.0% | 0.11% | −0.09 |
| CTVA Corteva Inc. | Reduce -32.7% | 0.13% | −0.09 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.09 |
| AMZN Amazon.com Inc. | Reduce -2.0% | 2.48% | −0.08 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.08 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.08 |
| SBUX Starbucks Corp. | Reduce -28.6% | 0.19% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -10.5% | 1.77% | −0.07 |
| CTSH Cognizant Tech Solutions-A | Sold out | 0.00% | −0.07 |
| KDP Keurig Dr Pepper Inc. | Sold out | 0.00% | −0.07 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.06 |
| ROP Roper Technologies Inc. | Reduce -30.0% | 0.09% | −0.06 |
| FCX Freeport-McMoran Inc. | Reduce -16.4% | 0.21% | −0.06 |
| NTR Nutrien Ltd. | Reduce -25.1% | 0.07% | −0.06 |
| CCJ Cameco Corp. | Reduce -22.0% | 0.10% | −0.06 |
| OXY Occidental Petroleum Corp. | Reduce -7.2% | 0.09% | −0.06 |
| WDS Woodside Energy Group-ADR | Reduce -15.2% | 0.08% | −0.06 |
| ABT Abbott Laboratories | Reduce -6.7% | 0.14% | −0.06 |
| GEHC GE Healthcare Technology | Reduce -16.0% | 0.10% | −0.05 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.05 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −0.05 |
| EQT Eqt Corp. | Reduce -17.1% | 0.07% | −0.05 |
| ADP Automatic Data Processing | Reduce -13.3% | 0.21% | −0.04 |
| ZTS Zoetis Inc. | Reduce -21.4% | 0.03% | −0.04 |
| EXE Expand Energy Corp. | Reduce -22.7% | 0.04% | −0.04 |
| DHR Danaher Corp. | Reduce -13.0% | 0.11% | −0.04 |
| DXCM Dexcom Inc. | Reduce -25.1% | 0.07% | −0.03 |
| EEM iShares MSCI Emerging Market | Reduce -8.0% | 0.70% | −0.03 |
| CF CF Industries Holdings Inc. | Reduce -22.8% | 0.04% | −0.03 |
| CVE Cenovus Energy Inc. | Reduce -12.0% | 0.07% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -8.7% | 0.09% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.1% | 0.17% | −0.03 |
| ADM Archer-Daniels-Midland Co. | Reduce -13.4% | 0.08% | −0.02 |
Portfolio Buys Q1 2026 → Q2 2026
| SNDK Sandisk Corp. | New | 0.74% | +0.74 |
| AMAT Applied Materials Inc. | Add +4.0% | 1.37% | +0.65 |
| NVDA Nvidia Corp. | Add +13.2% | 5.35% | +0.58 |
| PANW Palo Alto Networks Inc. | Add +4.0% | 0.64% | +0.31 |
| WDC Western Digital Corp. | Add +4.5% | 0.53% | +0.28 |
| ARM Arm Holdings PLC-ADR | Add +140.0% | 0.31% | +0.25 |
| TXN Texas Instruments Inc. | Add +6.7% | 0.69% | +0.20 |
| IVV iShares Core S&P 500 ETF | Add +2.9% | 11.35% | +0.20 |
| OGC Oceanagold Corp. | New | 0.20% | +0.20 |
| EIX Edison International | New | 0.19% | +0.19 |
| TER Teradyne Inc. | New | 0.18% | +0.18 |
| ALAB Astera Labs Inc. | New | 0.18% | +0.18 |
| EMR Emerson Electric Co. | New | 0.17% | +0.17 |
| DIS The Walt Disney Co. | New | 0.17% | +0.17 |
| DD Dupont DE Nemours Inc. | New | 0.17% | +0.17 |
| AEP American Electric Power | New | 0.17% | +0.17 |
| SLB SLB Ltd. | New | 0.17% | +0.17 |
| MRSH Marsh & McLennan Cos | New | 0.17% | +0.17 |
| PEP Pepsico Inc. | Add +79.2% | 0.62% | +0.16 |
| HLT Hilton Worldwide Holdings Inc. | Add +75.3% | 0.40% | +0.16 |
| RKLB Rocket Lab Corp. | New | 0.16% | +0.16 |
| PFE Pfizer Inc. | Add +156.1% | 0.29% | +0.14 |
| AVGO Broadcom Inc. | Add +3.5% | 1.65% | +0.14 |
| SPCX Space Exploration Techn Class A | New | 0.12% | +0.12 |
| EXC Exelon Corp. | New | 0.12% | +0.12 |
| IEMG iShares Core MSCI Emerging | Add +10.3% | 0.97% | +0.11 |
| CRWV Coreweave Inc. Class A | New | 0.11% | +0.11 |
| SKE Skeena Resources Ltd. | New | 0.09% | +0.09 |
| AUGO Aura Minerals Inc. | New | 0.09% | +0.09 |
| SVM Silvercorp Metals Inc. | New | 0.07% | +0.07 |
| LITE Lumentum Holdings Inc. | New | 0.07% | +0.07 |
| AYA Aya Gold & Silver Inc. | New | 0.07% | +0.07 |
| XEL Xcel Energy Inc. | Add +100.0% | 0.12% | +0.05 |
| MAR Marriott International Class A | Add +12.8% | 0.47% | +0.04 |
| MCHP Microchip Technology Inc. | Add +11.1% | 0.13% | +0.03 |
| BKNG Booking Holdings Inc. | Add +20.0% | 0.39% | +0.03 |
| PYPL PayPal Holdings Inc. | Add +75.0% | 0.11% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +2.0% | 2.48% | +0.03 |
| BKR Baker Hughes Co. | Add +66.7% | 0.12% | +0.03 |
| EGO Eldorado Gold Corp. | Add +39.8% | 0.26% | +0.02 |
| INTU Intuit Inc. | Add +103.3% | 0.39% | +0.02 |
| RVMD Revolution Medicines Inc. | Add +46.7% | 0.03% | +0.02 |
| HCA HCA Healthcare Inc. | Add +80.0% | 0.08% | +0.02 |
| MDLN Medline Inc. Class A | New | 0.01% | +0.01 |
| MSTR Strategy Inc. | Add +100.0% | 0.06% | +0.01 |
| BIIB Biogen Inc. | Add +46.1% | 0.03% | +0.01 |
| TEVA Teva Pharmaceutical-SP ADR | Add +27.3% | 0.03% | +0.01 |
| TECK Teck Resources Ltd.-CLS B | Add +8.0% | 0.08% | +0.00 |
| UTHR United Therapeutics Corp. | Add +66.7% | 0.02% | +0.00 |
| WAT Waters Corp. | Add +4.2% | 0.03% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 228 | $1.4B | IVV, NVDA, AAPL, MU, MSFT |
| Q1 2026 | 220 | $1.2B | IVV, NVDA, AAPL, MSFT, AEM |
| Q4 2025 | 218 | $1.3B | IVV, NVDA, MSFT, AAPL, AMZN |
| Q3 2025 | 202 | $1.2B | IVV, NVDA, MSFT, AAPL, AMZN |
| Q2 2025 | 175 | $930.8M | IVV, NVDA, AAPL, MSFT, AMZN |
| Q1 2025 | 174 | $881.7M | IVV, QQQM, MSFT, QQQE, AAPL |
| Q4 2024 | 156 | $803.5M | IVV, QQQM, QQQE, MSFT, VOO |
| Q3 2024 | 156 | $810.8M | IVV, QQQM, IJR, VOO, MSFT |
| Q2 2024 | 164 | $809.5M | IVV, QQQM, VOO, NVDA, NEM |
| Q1 2024 | 159 | $840.6M | IVV, QQQM, AAPL, VOO, B |