PKO Investment Management Joint-Stock Co
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed March 13, 2025), PKO Investment Management Joint-Stock Co reported 156 stock positions worth $810.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 33.9% of the portfolio, followed by Invesco Nasdaq 100 ETF (QQQM, 5.4%) and iShares Core S&P Small-Cap E (IJR, 2.7%). Compared with Q2 2024, it opened 4 new positions, sold out of 12, added to 40 and reduced 50. The biggest buy was iShares Core S&P Small-Cap E (IJR, shares +563%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002059321
- Portfolio Value
- $810.8M (Q3 2024)
- SEC Filing
- 0002059321-25-000002 ↗ filed Mar 13, 2025
Holdings Value
Holdings 156 stocks · $810.8M
| IVV iShares Core S&P 500 ETF | 33.88% | 476,285 | $274.7M | Reduce -10.8% |
| QQQM Invesco Nasdaq 100 ETF | 5.45% | 220,000 | $44.2M | No change |
| IJR iShares Core S&P Small-Cap E | 2.73% | 189,086 | $22.1M | Add +563.5% |
| VOO Vanguard S&P 500 ETF | 2.59% | 39,758 | $21.0M | Add +11.3% |
| MSFT Microsoft Corp. | 2.39% | 45,000 | $19.4M | Add +32.4% |
| NEM Newmont Corp. | 2.19% | 332,853 | $17.8M | Reduce -13.5% |
| AEM Agnico Eagle Mines Ltd. | 2.11% | 212,478 | $17.1M | Add +1.1% |
| B Barrick Gold Corp. | 1.95% | 796,221 | $15.8M | Reduce -5.1% |
| NVDA Nvidia Corp. | 1.74% | 116,000 | $14.1M | Reduce -13.6% |
| AAPL Apple Inc. | 1.70% | 59,000 | $13.7M | Reduce -9.2% |
| WPM Wheaton Precious Metals Corp. | 1.65% | 218,391 | $13.3M | Add +9.5% |
| GOOGL Alphabet Inc. Class A | 1.43% | 70,000 | $11.6M | Add +55.6% |
| XOM Exxon Mobil Corp. | 1.42% | 97,932 | $11.5M | Add +1.4% |
| CVX Chevron Corp. | 1.26% | 69,173 | $10.2M | No change |
| TSLA Tesla Inc. | 1.19% | 36,800 | $9.6M | Reduce -17.5% |
| AVGO Broadcom Inc. | 1.13% | 53,000 | $9.1M | Add +6.0% |
| FNV Franco-Nevada Corp. | 1.04% | 67,764 | $8.4M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 0.97% | 42,000 | $7.8M | Reduce -25.5% |
| LLY Eli Lilly & Co. | 0.79% | 7,200 | $6.4M | Reduce -18.4% |
| DXCM Dexcom Inc. | 0.79% | 95,000 | $6.4M | Add +150.0% |
| META Meta Platforms Inc. Class A | 0.78% | 11,000 | $6.3M | Add +10.0% |
| GFI Gold Fields Ltd.-Spons ADR | 0.76% | 401,996 | $6.2M | Add +2.5% |
| BHP BHP Group Ltd.-Spon ADR | 0.75% | 98,308 | $6.1M | Add +3.1% |
| EEM iShares MSCI Emerging Market | 0.73% | 129,813 | $6.0M | Add +3.9% |
| UNH Unitedhealth Group Inc. | 0.70% | 9,689 | $5.7M | Reduce -11.8% |
| KGC Kinross Gold Corp. | 0.68% | 589,006 | $5.5M | Reduce -18.1% |
| AMD Advanced Micro Devices | 0.67% | 33,000 | $5.4M | No change |
| LRCX Lam Research Corp. | 0.60% | 6,000 | $4.9M | Add +172.7% |
| PYPL PayPal Holdings Inc. | 0.58% | 60,000 | $4.7M | No change |
| COP Conocophillips | 0.56% | 43,300 | $4.6M | Add +4.1% |
| ADBE Adobe Inc. | 0.51% | 8,000 | $4.1M | Add +33.3% |
| PAAS Pan American Silver Corp. | 0.51% | 196,266 | $4.1M | Reduce -18.0% |
| QCOM Qualcomm Inc. | 0.50% | 24,000 | $4.1M | Add +60.0% |
| RGLD Royal Gold Inc. | 0.50% | 28,900 | $4.1M | Reduce -23.8% |
| MAR Marriott International Class A | 0.49% | 16,000 | $4.0M | No change |
| MRK Merck & Co. Inc. | 0.49% | 34,676 | $3.9M | Add +20.9% |
| URTH iShares MSCI World ETF | 0.48% | 24,800 | $3.9M | No change |
| AGI Alamos Gold Inc. Class A | 0.47% | 192,500 | $3.8M | Reduce -17.9% |
| MBLY Mobileye Global Inc. Class A | 0.47% | 280,000 | $3.8M | Add +154.6% |
| CLH Clean Harbors Inc. | 0.45% | 15,000 | $3.6M | No change |
| INTC Intel Corp. | 0.44% | 153,000 | $3.6M | Reduce -39.5% |
| SNOW Snowflake Inc. | 0.44% | 31,000 | $3.6M | Add +40.9% |
| LULU Lululemon Athletica Inc. | 0.44% | 13,000 | $3.5M | No change |
| HLT Hilton Worldwide Holdings Inc. | 0.43% | 15,000 | $3.5M | Reduce -11.8% |
| HMY Harmony Gold MNG-Spon ADR | 0.41% | 328,700 | $3.3M | Reduce -9.9% |
| JNJ Johnson & Johnson | 0.40% | 20,000 | $3.2M | Reduce -37.5% |
| IEMG iShares Core MSCI Emerging | 0.39% | 54,739 | $3.1M | Reduce -1.4% |
| TTWO Take-Two Interactive Softwre | 0.38% | 20,000 | $3.1M | New |
| AMGN Amgen Inc. | 0.37% | 9,200 | $3.0M | Reduce -9.8% |
| MU Micron Technology Inc. | 0.36% | 28,000 | $2.9M | Add +86.7% |
| NFLX Netflix Inc. | 0.35% | 4,000 | $2.8M | No change |
| PFE Pfizer Inc. | 0.35% | 97,484 | $2.8M | No change |
| AMAT Applied Materials Inc. | 0.34% | 13,500 | $2.7M | Add +92.9% |
| FCX Freeport-McMoran Inc. | 0.33% | 53,700 | $2.7M | Reduce -2.0% |
| CI The Cigna Group | 0.33% | 7,700 | $2.7M | Reduce -10.5% |
| CSCO Cisco Systems Inc. | 0.33% | 50,000 | $2.7M | No change |
| CNQ Canadian Natural Resources | 0.33% | 79,400 | $2.6M | No change |
| CVS CVS Health Corp. | 0.31% | 40,300 | $2.5M | No change |
| EOG EOG Resources Inc. | 0.30% | 19,700 | $2.4M | Reduce -4.8% |
| RSG Republic Services Inc. | 0.29% | 11,747 | $2.4M | No change |
| ABBV Abbvie Inc. | 0.29% | 11,800 | $2.3M | Reduce -12.6% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.28% | 22,500 | $2.2M | No change |
| ON On Semiconductor | 0.27% | 30,000 | $2.2M | Reduce -33.3% |
| INTU Intuit Inc. | 0.27% | 3,500 | $2.2M | No change |
| MRVL Marvell Technology Inc. | 0.27% | 30,000 | $2.2M | Add +50.0% |
| BTG B2GOLD Corp. | 0.26% | 689,000 | $2.1M | Reduce -17.9% |
| HL Hecla Mining Co. | 0.26% | 318,500 | $2.1M | Reduce -25.7% |
| WCN Waste Connections Inc. | 0.25% | 11,448 | $2.0M | No change |
| EGO Eldorado Gold Corp. | 0.24% | 111,000 | $1.9M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 3,100 | $1.9M | Reduce -3.1% |
| CRM Salesforce Inc. | 0.24% | 7,000 | $1.9M | Reduce -44.4% |
| LVS Las Vegas Sands Corp. | 0.22% | 36,000 | $1.8M | No change |
| OR Osisko Gold Royalties Ltd. | 0.22% | 97,800 | $1.8M | Reduce -20.4% |
| BDX Becton Dickinson and Co. | 0.22% | 7,500 | $1.8M | No change |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 0.22% | 126,942 | $1.8M | Reduce -24.0% |
| DHR Danaher Corp. | 0.21% | 6,000 | $1.7M | Reduce -7.7% |
| CCL Carnival Corp. | 0.21% | 90,000 | $1.7M | No change |
| CTVA Corteva Inc. | 0.20% | 28,098 | $1.7M | Add +7.7% |
| TEAM Atlassian Corp. Class A | 0.20% | 10,000 | $1.6M | No change |
| IAG Iamgold Corp. | 0.19% | 300,000 | $1.6M | No change |
| SU Suncor Energy Inc. | 0.19% | 42,000 | $1.6M | No change |
| WSM Williams-Sonoma Inc. | 0.19% | 10,000 | $1.5M | Reduce -25.4% |
| KLAC KLA Corp. | 0.19% | 2,000 | $1.5M | New |
| ABT Abbott Laboratories | 0.18% | 13,000 | $1.5M | Reduce -38.1% |
| CDE Coeur Mining Inc. | 0.17% | 200,000 | $1.4M | No change |
| NUE Nucor Corp. | 0.17% | 9,120 | $1.4M | Add +22.9% |
| HES Hess Corp. | 0.17% | 10,095 | $1.4M | No change |
| PANW Palo Alto Networks Inc. | 0.17% | 4,000 | $1.4M | No change |
| XYL Xylem Inc. | 0.17% | 10,000 | $1.4M | No change |
| WM Waste Management Inc. | 0.16% | 6,412 | $1.3M | Reduce -59.7% |
| AWK American Water Works Co. Inc. | 0.16% | 9,022 | $1.3M | No change |
| TOL Toll Brothers Inc. | 0.16% | 8,500 | $1.3M | Reduce -34.6% |
| SAND Sandstorm Gold Ltd. | 0.16% | 210,400 | $1.3M | No change |
| BIIB Biogen Inc. | 0.16% | 6,500 | $1.3M | Add +85.7% |
| OXY Occidental Petroleum Corp. | 0.15% | 23,150 | $1.2M | No change |
| TECK Teck Resources Ltd.-CLS B | 0.15% | 22,724 | $1.2M | Add +28.2% |
| EQX Equinox Gold Corp. | 0.14% | 186,887 | $1.1M | No change |
| WDS Woodside Energy Group-ADR | 0.14% | 66,000 | $1.1M | No change |
| HUM Humana Inc. | 0.14% | 3,500 | $1.1M | Add +16.7% |
| ELV Elevance Health Inc. | 0.13% | 2,100 | $1.1M | Add +23.5% |
Portfolio Sells Q2 2024 → Q3 2024
| IVV iShares Core S&P 500 ETF | Reduce -10.8% | 33.88% | −2.20 |
| INTC Intel Corp. | Reduce -39.5% | 0.44% | −0.53 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.44 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.42 |
| AMZN Amazon.com Inc. | Reduce -25.5% | 0.97% | −0.38 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.35 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.32 |
| NVDA Nvidia Corp. | Reduce -13.6% | 1.74% | −0.31 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.27 |
| SYK Stryker Corp. | Reduce -76.1% | 0.09% | −0.26 |
| WM Waste Management Inc. | Reduce -59.7% | 0.16% | −0.26 |
| AXP American Express Co. | Sold out | 0.00% | −0.25 |
| ECL Ecolab Inc. | Sold out | 0.00% | −0.23 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.22 |
| LLY Eli Lilly & Co. | Reduce -18.4% | 0.79% | −0.20 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.19 |
| JNJ Johnson & Johnson | Reduce -37.5% | 0.40% | −0.18 |
| VEEV Veeva Systems Inc. Class A | Reduce -83.3% | 0.04% | −0.18 |
| CRM Salesforce Inc. | Reduce -44.4% | 0.24% | −0.16 |
| BVN Cia DE Minas Buenaventur-ADR | Reduce -24.0% | 0.22% | −0.13 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.13 |
| ON On Semiconductor | Reduce -33.3% | 0.27% | −0.11 |
| ABT Abbott Laboratories | Reduce -38.1% | 0.18% | −0.09 |
| RGLD Royal Gold Inc. | Reduce -23.8% | 0.50% | −0.09 |
| SILV Silvercrest Metals Inc. | Reduce -51.8% | 0.10% | −0.09 |
| PAAS Pan American Silver Corp. | Reduce -18.0% | 0.51% | −0.08 |
| PII Polaris Inc. | Sold out | 0.00% | −0.07 |
| KGC Kinross Gold Corp. | Reduce -18.1% | 0.68% | −0.06 |
| FSM Fortuna Mining Corp. | Reduce -34.1% | 0.09% | −0.05 |
| WSM Williams-Sonoma Inc. | Reduce -25.4% | 0.19% | −0.04 |
| IDXX Idexx Laboratories Inc. | Reduce -50.0% | 0.04% | −0.04 |
| BAX Baxter International Inc. | Reduce -55.6% | 0.04% | −0.04 |
| A Agilent Technologies Inc. | Reduce -66.7% | 0.02% | −0.04 |
| IQV Iqvia Holdings Inc. | Reduce -50.0% | 0.04% | −0.03 |
| RIVN Rivian Automotive Inc. Class A | Reduce -22.4% | 0.06% | −0.03 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -11.8% | 0.43% | −0.03 |
| AMGN Amgen Inc. | Reduce -9.8% | 0.37% | −0.03 |
| EOG EOG Resources Inc. | Reduce -4.8% | 0.30% | −0.02 |
| TOL Toll Brothers Inc. | Reduce -34.6% | 0.16% | −0.02 |
| CI The Cigna Group | Reduce -10.5% | 0.33% | −0.02 |
| GILD Gilead Sciences Inc. | Reduce -50.0% | 0.03% | −0.02 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.02 |
| NCLH Norwegian Cruise Line Holdin | Reduce -22.2% | 0.09% | −0.02 |
| LH Labcorp Holdings Inc. | Reduce -46.7% | 0.02% | −0.02 |
| ADM Archer-Daniels-Midland Co. | Reduce -9.6% | 0.12% | −0.02 |
| BTG B2GOLD Corp. | Reduce -17.9% | 0.26% | −0.01 |
| ZTS Zoetis Inc. | Reduce -25.0% | 0.07% | −0.01 |
| OR Osisko Gold Royalties Ltd. | Reduce -20.4% | 0.22% | −0.01 |
| HMY Harmony Gold MNG-Spon ADR | Reduce -9.9% | 0.41% | −0.00 |
| ABBV Abbvie Inc. | Reduce -12.6% | 0.29% | +0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| IJR iShares Core S&P Small-Cap E | Add +563.5% | 2.73% | +2.35 |
| MSFT Microsoft Corp. | Add +32.4% | 2.39% | +0.51 |
| GOOGL Alphabet Inc. Class A | Add +55.6% | 1.43% | +0.42 |
| AEM Agnico Eagle Mines Ltd. | Add +1.1% | 2.11% | +0.42 |
| VOO Vanguard S&P 500 ETF | Add +11.3% | 2.59% | +0.38 |
| TTWO Take-Two Interactive Softwre | New | 0.38% | +0.38 |
| WPM Wheaton Precious Metals Corp. | Add +9.5% | 1.65% | +0.36 |
| LRCX Lam Research Corp. | Add +172.7% | 0.60% | +0.31 |
| DXCM Dexcom Inc. | Add +150.0% | 0.79% | +0.25 |
| KLAC KLA Corp. | New | 0.19% | +0.19 |
| META Meta Platforms Inc. Class A | Add +10.0% | 0.78% | +0.15 |
| AVGO Broadcom Inc. | Add +6.0% | 1.13% | +0.14 |
| QCOM Qualcomm Inc. | Add +60.0% | 0.50% | +0.13 |
| AMAT Applied Materials Inc. | Add +92.9% | 0.34% | +0.13 |
| NGD New Gold Inc. | New | 0.13% | +0.13 |
| CRL Charles River Laboratories | New | 0.12% | +0.12 |
| MU Micron Technology Inc. | Add +86.7% | 0.36% | +0.11 |
| ADBE Adobe Inc. | Add +33.3% | 0.51% | +0.10 |
| MRVL Marvell Technology Inc. | Add +50.0% | 0.27% | +0.09 |
| MBLY Mobileye Global Inc. Class A | Add +154.6% | 0.47% | +0.09 |
| BHP BHP Group Ltd.-Spon ADR | Add +3.1% | 0.75% | +0.08 |
| EEM iShares MSCI Emerging Market | Add +3.9% | 0.73% | +0.08 |
| SNOW Snowflake Inc. | Add +40.9% | 0.44% | +0.07 |
| REGN Regeneron Pharmaceuticals | Add +166.7% | 0.10% | +0.06 |
| BIIB Biogen Inc. | Add +85.7% | 0.16% | +0.06 |
| MRK Merck & Co. Inc. | Add +20.9% | 0.49% | +0.05 |
| EW Edwards Lifesciences Corp. | Add +133.3% | 0.11% | +0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Add +80.0% | 0.10% | +0.05 |
| BMRN Biomarin Pharmaceutical Inc. | Add +100.0% | 0.10% | +0.04 |
| XOM Exxon Mobil Corp. | Add +1.4% | 1.42% | +0.04 |
| TECK Teck Resources Ltd.-CLS B | Add +28.2% | 0.15% | +0.04 |
| EQT Eqt Corp. | Add +80.4% | 0.09% | +0.04 |
| GFI Gold Fields Ltd.-Spons ADR | Add +2.5% | 0.76% | +0.04 |
| CTVA Corteva Inc. | Add +7.7% | 0.20% | +0.03 |
| CF CF Industries Holdings Inc. | Add +42.5% | 0.07% | +0.03 |
| RS Reliance Inc. | Add +39.7% | 0.09% | +0.03 |
| MRNA Moderna Inc. | Add +252.9% | 0.05% | +0.02 |
| NUE Nucor Corp. | Add +22.9% | 0.17% | +0.02 |
| ELV Elevance Health Inc. | Add +23.5% | 0.13% | +0.02 |
| STLD Steel Dynamics Inc. | Add +21.9% | 0.08% | +0.01 |
| NTR Nutrien Ltd. | Add +14.0% | 0.12% | +0.01 |
| OVV Ovintiv Inc. | Add +38.9% | 0.06% | +0.01 |
| HUM Humana Inc. | Add +16.7% | 0.14% | −0.00 |
| COP Conocophillips | Add +4.1% | 0.56% | −0.03 |
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 |