Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. reported 37 stock positions worth $40.5 million. Its top holding was Amazon.com (AMZN) at 11.8% of the portfolio, followed by Agnico Eagle Mines (AEM, 8.7%) and Barrick Mining (B, 8.6%). Compared with Q2 2025, it sold out of 1 and added to 21. The biggest buy was Equinox Gold (EQX, shares +231%) and the biggest sale an exit from Huntsman (HUN).
- Most Recent 13F
- Q2 2026
- Location
- WARSZAWA, R9
- CIK
- 0002054965
- Portfolio Value
- $40.5M (Q3 2025)
- SEC Filing
- 0002054965-25-000010 ↗ filed Oct 31, 2025
Holdings Value
Holdings 37 stocks · $40.5M
| AMZN Amazon.com Inc. | 11.82% | 21,815 | $4.8M | No change |
| AEM Agnico Eagle Mines Ltd. | 8.70% | 20,926 | $3.5M | Add +43.4% |
| B Barrick Mining Corp. | 8.56% | 105,500 | $3.5M | Add +55.1% |
| NEM Newmont Corp. | 8.42% | 40,480 | $3.4M | Add +34.7% |
| WPM Wheaton Precious Metals Corp. | 8.24% | 29,810 | $3.3M | Add +51.3% |
| GFI Gold Fields Ltd.-Spons ADR | 4.48% | 43,300 | $1.8M | Add +8.8% |
| KGC Kinross Gold Corp. | 4.46% | 72,700 | $1.8M | Add +16.9% |
| AU Anglogold Ashanti PLC | 4.44% | 25,600 | $1.8M | Add +38.4% |
| FNV Franco-Nevada Corp. | 4.18% | 7,600 | $1.7M | Add +31.9% |
| PAAS Pan American Silver Corp. | 3.99% | 41,750 | $1.6M | Add +56.1% |
| AGI Alamos Gold Inc. Class A | 3.75% | 43,600 | $1.5M | Add +87.1% |
| HMY Harmony Gold MNG-Spon ADR | 3.32% | 74,000 | $1.3M | Add +47.1% |
| BTG B2GOLD Corp. | 3.16% | 258,500 | $1.3M | Add +81.4% |
| EQX Equinox Gold Corp. | 3.14% | 113,400 | $1.3M | Add +230.6% |
| AG First Majestic Silver Corp. | 2.84% | 93,600 | $1.2M | Add +120.8% |
| FSM Fortuna Mining Corp. | 2.82% | 127,600 | $1.1M | Add +155.2% |
| SSRM SSR Mining Inc. | 2.32% | 38,500 | $940K | Add +71.9% |
| RGLD Royal Gold Inc. | 2.24% | 4,520 | $907K | No change |
| SVM Silvercorp Metals Inc. | 2.06% | 132,000 | $833K | Add +182.7% |
| HL Hecla Mining Co. | 1.97% | 66,000 | $799K | No change |
| DRD Drdgold Ltd.-Sponsored ADR | 1.96% | 28,700 | $792K | Add +258.8% |
| EGO Eldorado Gold Corp. | 1.43% | 20,000 | $578K | Add +26.6% |
| CGAU Centerra Gold Inc. | 1.25% | 47,100 | $505K | Add +81.8% |
| MPC Marathon Petroleum Corp. | 0.05% | 100 | $19K | No change |
| PSX Phillips 66 | 0.04% | 130 | $18K | No change |
| VLO Valero Energy Corp. | 0.04% | 100 | $17K | No change |
| CMI Cummins Inc. | 0.04% | 40 | $17K | No change |
| KMI Kinder Morgan Inc. | 0.04% | 570 | $16K | Add +90.0% |
| WMB Williams Cos Inc. | 0.04% | 250 | $16K | No change |
| LNG Cheniere Energy Inc. | 0.03% | 60 | $14K | No change |
| EPD Enterprise Products Partners | 0.03% | 380 | $12K | No change |
| UNP Union Pacific Corp. | 0.03% | 50 | $12K | No change |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.03% | 130 | $12K | No change |
| PAA Plains All Amer Pipeline LP | 0.03% | 660 | $11K | No change |
| EMN Eastman Chemical Co. | 0.02% | 130 | $8K | No change |
| OKE Oneok Inc. | 0.02% | 110 | $8K | No change |
| LYB Lyondellbasell Indu Class A | 0.02% | 150 | $7K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| HUN Huntsman Corp. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| EQX Equinox Gold Corp. | Add +230.6% | 3.14% | +2.20 |
| B Barrick Mining Corp. | Add +55.1% | 8.56% | +1.87 |
| DRD Drdgold Ltd.-Sponsored ADR | Add +258.8% | 1.96% | +1.45 |
| FSM Fortuna Mining Corp. | Add +155.2% | 2.82% | +1.27 |
| AG First Majestic Silver Corp. | Add +120.8% | 2.84% | +1.18 |
| SVM Silvercorp Metals Inc. | Add +182.7% | 2.06% | +1.12 |
| SSRM SSR Mining Inc. | Add +71.9% | 2.32% | +0.97 |
| AGI Alamos Gold Inc. Class A | Add +87.1% | 3.75% | +0.82 |
| BTG B2GOLD Corp. | Add +81.4% | 3.16% | +0.72 |
| AU Anglogold Ashanti PLC | Add +38.4% | 4.44% | +0.49 |
| AEM Agnico Eagle Mines Ltd. | Add +43.4% | 8.70% | +0.48 |
| PAAS Pan American Silver Corp. | Add +56.1% | 3.99% | +0.39 |
| CGAU Centerra Gold Inc. | Add +81.8% | 1.25% | +0.36 |
| NEM Newmont Corp. | Add +34.7% | 8.42% | +0.11 |
| GFI Gold Fields Ltd.-Spons ADR | Add +8.8% | 4.48% | +0.01 |
| KMI Kinder Morgan Inc. | Add +90.0% | 0.04% | −0.00 |
| HMY Harmony Gold MNG-Spon ADR | Add +47.1% | 3.32% | −0.02 |
| EGO Eldorado Gold Corp. | Add +26.6% | 1.43% | −0.10 |
| WPM Wheaton Precious Metals Corp. | Add +51.3% | 8.24% | −0.14 |
| KGC Kinross Gold Corp. | Add +16.9% | 4.46% | −0.14 |
| FNV Franco-Nevada Corp. | Add +31.9% | 4.18% | −0.29 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $46.6M | NEM, AEM, WPM, B, KGC |
| Q1 2026 | 38 | $56.2M | NEM, AEM, WPM, B, KGC |
| Q4 2025 | 37 | $47.0M | B, NEM, WPM, KGC, AEM |
| Q3 2025 | 37 | $40.5M | AMZN, AEM, B, NEM, WPM |
| Q2 2025 | 38 | $21.1M | AMZN, WPM, NEM, AEM, B |
| Q1 2025 | 38 | $23.3M | NEM, AMZN, AEM, WPM, B |
| Q4 2024Amended | 38 | $33.8M | AMZN, NEM, B, PAAS, AEM |
| Q3 2024 | 39 | $39.0M | NEM, AMZN, B, PAAS, AEM |
| Q2 2024 | 39 | $32.8M | AMZN, NEM, B, PAAS, WPM |
| Q1 2024 | 39 | $27.5M | AMZN, B, NEM, PAAS, WPM |