Towarzystwo Funduszy Inwestycyjnych Pzu SA
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Towarzystwo Funduszy Inwestycyjnych Pzu SA reported 690 stock positions worth $354.8 million. Its top holding was Nvidia (NVDA) at 17.2% of the portfolio, followed by iShares Semiconductor ETF (SOXX, 6.3%) and Microsoft (MSFT, 4.7%). Compared with Q1 2026, it opened 39 new positions, sold out of 39, added to 336 and reduced 119. The biggest buy was a new position in iShares Semiconductor ETF (SOXX) and the biggest sale Chevron (CVX, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- WARSAW, R9
- CIK
- 0002071170
- Portfolio Value
- $354.8M (Q2 2026)
- SEC Filing
- 0002071170-26-000006 ↗ filed Aug 7, 2026
Holdings Value
Holdings 690 stocks · $354.8M
| NVDA Nvidia Corp. | 17.25% | 305,846 | $61.2M | Add +8.5% |
| SOXX iShares Semiconductor ETF | 6.32% | 34,995 | $22.4M | New |
| MSFT Microsoft Corp. | 4.70% | 44,696 | $16.7M | Reduce -1.4% |
| AAPL Apple Inc. | 3.42% | 41,955 | $12.1M | Add +4.9% |
| ONON On Holding AG Class A filed as ON HLDG AG | 2.80% | 280,142 | $9.9M | No change |
| MU Micron Technology Inc. | 2.17% | 6,656 | $7.7M | Add +4.5% |
| AVGO Broadcom Inc. | 2.03% | 19,088 | $7.2M | Add +5.8% |
| AMZN Amazon.com Inc. | 1.86% | 27,644 | $6.6M | Reduce -12.9% |
| GOOGL Alphabet Inc. Class A | 1.78% | 17,627 | $6.3M | Add +7.3% |
| META Meta Platforms Inc. Class A | 1.73% | 10,881 | $6.1M | Add +4.5% |
| GLD SPDR Gold Shares | 1.64% | 15,750 | $5.8M | Add +2323.1% |
| LLY Eli Lilly & Co. | 1.41% | 4,167 | $5.0M | Reduce -3.3% |
| AXON Axon Enterprise Inc. | 1.13% | 7,172 | $4.0M | Add +4.8% |
| CCJ Cameco Corp. | 1.06% | 37,061 | $3.8M | Add +7.8% |
| NEM Newmont Corp. | 1.02% | 38,781 | $3.6M | Reduce -10.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.97% | 4,512 | $3.4M | Reduce -5.9% |
| DBA Invesco DB Agriculture Fund | 0.91% | 120,600 | $3.2M | New |
| GEV GE Vernova Inc. | 0.90% | 2,726 | $3.2M | Add +9.6% |
| AMD Advanced Micro Devices | 0.77% | 4,716 | $2.7M | Reduce -3.5% |
| AEM Agnico Eagle Mines Ltd. | 0.73% | 16,691 | $2.6M | Reduce -12.4% |
| JNJ Johnson & Johnson | 0.72% | 10,050 | $2.6M | Add +1.9% |
| UNH Unitedhealth Group Inc. | 0.71% | 6,057 | $2.5M | Add +0.8% |
| ISRG Intuitive Surgical Inc. | 0.68% | 6,049 | $2.4M | Add +1.2% |
| ABBV Abbvie Inc. | 0.62% | 8,698 | $2.2M | Add +0.5% |
| GOOG Alphabet Inc. Class C | 0.61% | 6,114 | $2.2M | Add +14.1% |
| TSLA Tesla Inc. | 0.61% | 5,129 | $2.2M | Add +13.3% |
| XOM Exxon Mobil Corp. | 0.60% | 15,624 | $2.1M | Reduce -19.3% |
| NOW ServiceNow Inc. | 0.57% | 20,384 | $2.0M | Add +1.5% |
| CSCO Cisco Systems Inc. | 0.54% | 16,427 | $1.9M | Reduce -6.7% |
| B Barrick Mining Corp. | 0.54% | 52,337 | $1.9M | Reduce -14.1% |
| JPM JPMorgan Chase & Co. | 0.52% | 5,594 | $1.8M | Add +7.3% |
| AZN Astrazeneca PLC | 0.47% | 8,972 | $1.7M | Add +34.9% |
| PL Planet Labs PBC | 0.46% | 49,060 | $1.6M | Add +56.0% |
| CRM Salesforce Inc. | 0.46% | 10,308 | $1.6M | Reduce -18.0% |
| MRK Merck & Co. Inc. | 0.44% | 12,190 | $1.6M | Reduce -7.2% |
| V Visa Inc. Class A | 0.44% | 4,529 | $1.6M | Add +8.9% |
| WPM Wheaton Precious Metals Corp. | 0.43% | 13,672 | $1.5M | Reduce -14.4% |
| NET Cloudflare Inc. Class A | 0.42% | 6,101 | $1.5M | Reduce -33.9% |
| DXCM Dexcom Inc. | 0.41% | 21,717 | $1.5M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.39% | 9,247 | $1.4M | Add +2.6% |
| AS Amer Sports Inc. | 0.39% | 41,000 | $1.4M | No change |
| MCHI iShares MSCI China ETF | 0.39% | 26,980 | $1.4M | Add +107.9% |
| COPX Global X Copper Miners ETF | 0.38% | 17,650 | $1.4M | New |
| WST West Pharmaceutical Services | 0.38% | 3,727 | $1.3M | Reduce -7.3% |
| WMT Walmart Inc. | 0.37% | 11,674 | $1.3M | Add +3.0% |
| PANW Palo Alto Networks Inc. | 0.36% | 3,756 | $1.3M | Reduce -54.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.35% | 2,453 | $1.2M | Add +11.0% |
| EWZ iShares MSCI Brazil ETF | 0.35% | 35,500 | $1.2M | New |
| MA Mastercard Inc. Class A | 0.33% | 2,290 | $1.2M | Add +5.1% |
| INTC Intel Corp. | 0.33% | 8,365 | $1.2M | Add +6.2% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 3,018 | $1.1M | Add +9.8% |
| CVX Chevron Corp. | 0.32% | 6,777 | $1.1M | Reduce -93.7% |
| GAP The Gap Inc. | 0.29% | 55,760 | $1.0M | New |
| AMAT Applied Materials Inc. | 0.29% | 1,435 | $1.0M | Add +3.2% |
| LRCX Lam Research Corp. | 0.29% | 2,361 | $1.0M | Add +12.4% |
| WELL Welltower Inc. | 0.29% | 4,471 | $1.0M | Add +13.2% |
| CAT Caterpillar Inc. | 0.28% | 937 | $998K | Add +14.3% |
| AU Anglogold Ashanti PLC | 0.28% | 12,300 | $995K | Reduce -18.9% |
| BAC Bank of America Corp. | 0.28% | 17,334 | $988K | Add +7.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 3,352 | $943K | Add +6.1% |
| C Citigroup Inc. | 0.26% | 6,519 | $912K | Add +5.0% |
| LHX L3HARRIS Technologies Inc. | 0.25% | 3,021 | $878K | Add +6.7% |
| KGC Kinross Gold Corp. | 0.25% | 37,100 | $875K | Reduce -16.1% |
| NEE Nextera Energy Inc. | 0.24% | 9,630 | $845K | Add +55.3% |
| NFLX Netflix Inc. | 0.24% | 11,758 | $840K | Add +12.0% |
| ZS Zscaler Inc. | 0.23% | 5,875 | $829K | Add +1.6% |
| FTNT Fortinet Inc. | 0.23% | 5,380 | $826K | Reduce -22.5% |
| KO The Coca-Cola Co. | 0.23% | 10,150 | $825K | Add +5.4% |
| GFI Gold Fields Ltd.-Spons ADR | 0.23% | 24,100 | $810K | Reduce -12.7% |
| DDOG Datadog Inc. Class A | 0.23% | 3,100 | $807K | Add +4.4% |
| KLAC KLA Corp. | 0.22% | 2,600 | $784K | Add +13.5% |
| TMO Thermo Fisher Scientific Inc. | 0.22% | 1,550 | $777K | Add +9.8% |
| PLD Prologis Inc. | 0.21% | 5,612 | $760K | Add +7.1% |
| USAR USA Rare Earth Inc. | 0.21% | 34,873 | $753K | No change |
| GS Goldman Sachs Group Inc. | 0.21% | 741 | $749K | Add +0.3% |
| RTX RTX Corp. | 0.21% | 3,928 | $745K | Add +24.3% |
| CDE Coeur Mining Inc. | 0.21% | 44,600 | $728K | Reduce -6.2% |
| COST Costco Wholesale Corp. | 0.20% | 777 | $727K | Add +9.9% |
| PG The Procter & Gamble Co. | 0.20% | 4,925 | $722K | Add +6.8% |
| AMGN Amgen Inc. | 0.20% | 1,951 | $706K | Add +1.3% |
| EC Ecopetrol SA-Sponsored ADR | 0.20% | 49,500 | $705K | New |
| GILD Gilead Sciences Inc. | 0.20% | 5,568 | $703K | Add +9.0% |
| PAAS Pan American Silver Corp. | 0.20% | 15,650 | $699K | Reduce -13.3% |
| MS Morgan Stanley | 0.19% | 3,255 | $680K | Add +3.5% |
| IEMG iShares Core MSCI Emerging | 0.19% | 8,100 | $671K | Add +102.5% |
| WFC Wells Fargo & Co. | 0.19% | 8,092 | $669K | Add +6.8% |
| TTWO Take-Two Interactive Softwre | 0.19% | 2,668 | $667K | Add +2.6% |
| RBRK Rubrik Inc. Class A | 0.19% | 8,300 | $666K | Add +31.8% |
| UBER Uber Technologies Inc. | 0.18% | 9,052 | $653K | Add +0.7% |
| KRMN Karman Holdings Inc. | 0.18% | 13,063 | $652K | New |
| PEP Pepsico Inc. | 0.18% | 4,815 | $652K | Add +234.4% |
| EEM iShares MSCI Emerging Market | 0.18% | 9,500 | $650K | Add +46.1% |
| ABT Abbott Laboratories | 0.18% | 7,073 | $642K | Add +7.5% |
| TTE Totalenergies SE | 0.18% | 8,124 | $630K | Reduce -12.7% |
| EQIX Equinix Inc. | 0.18% | 602 | $628K | Add +7.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.17% | 6,200 | $597K | Add +6.7% |
| BA The Boeing Co. | 0.17% | 2,756 | $597K | Add +6.0% |
| GEN Gen Digital Inc. | 0.17% | 23,850 | $594K | Add +12.8% |
| LIN Linde PLC | 0.17% | 1,138 | $591K | Add +121.0% |
| FSLR First Solar Inc. | 0.17% | 2,500 | $590K | Reduce -67.1% |
Portfolio Sells Q1 2026 → Q2 2026
| CVX Chevron Corp. | Reduce -93.7% | 0.32% | −7.18 |
| MSFT Microsoft Corp. | Reduce -1.4% | 4.70% | −0.94 |
| AEM Agnico Eagle Mines Ltd. | Reduce -12.4% | 0.73% | −0.57 |
| NEM Newmont Corp. | Reduce -10.8% | 1.02% | −0.56 |
| XOM Exxon Mobil Corp. | Reduce -19.3% | 0.60% | −0.50 |
| AMZN Amazon.com Inc. | Reduce -12.9% | 1.86% | −0.36 |
| FSLR First Solar Inc. | Reduce -67.1% | 0.17% | −0.34 |
| CRM Salesforce Inc. | Reduce -18.0% | 0.46% | −0.33 |
| B Barrick Mining Corp. | Reduce -14.1% | 0.54% | −0.29 |
| WPM Wheaton Precious Metals Corp. | Reduce -14.4% | 0.43% | −0.27 |
| OII Oceaneering Intl Inc. | Sold out | 0.00% | −0.25 |
| HXL Hexcel Corp. | Sold out | 0.00% | −0.25 |
| NET Cloudflare Inc. Class A | Reduce -33.9% | 0.42% | −0.22 |
| AU Anglogold Ashanti PLC | Reduce -18.9% | 0.28% | −0.22 |
| KGC Kinross Gold Corp. | Reduce -16.1% | 0.25% | −0.21 |
| GFI Gold Fields Ltd.-Spons ADR | Reduce -12.7% | 0.23% | −0.19 |
| NKE Nike Inc. Class B | Reduce -80.3% | 0.02% | −0.16 |
| AGI Alamos Gold Inc. Class A | Reduce -16.3% | 0.14% | −0.16 |
| PAAS Pan American Silver Corp. | Reduce -13.3% | 0.20% | −0.13 |
| COP Conocophillips | Reduce -20.6% | 0.13% | −0.12 |
| BSX Boston Scientific Corp. | Reduce -22.9% | 0.09% | −0.12 |
| TTE Totalenergies SE | Reduce -12.7% | 0.18% | −0.11 |
| CDE Coeur Mining Inc. | Reduce -6.2% | 0.21% | −0.09 |
| EQX Equinox Gold Corp. | Reduce -16.1% | 0.08% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -7.2% | 0.44% | −0.09 |
| IAUM iShares Gold Trust Micro | Reduce -24.1% | 0.11% | −0.09 |
| PANW Palo Alto Networks Inc. | Reduce -54.2% | 0.36% | −0.08 |
| TEL Te Connectivity PLC | Reduce -62.1% | 0.03% | −0.08 |
| CNQ Canadian Natural Resources | Reduce -22.7% | 0.08% | −0.07 |
| HMY Harmony Gold MNG-Spon ADR | Reduce -28.6% | 0.10% | −0.07 |
| IAG Iamgold Corp. | Reduce -13.9% | 0.11% | −0.07 |
| SGOL Abrdn Physical Gold Shares | Reduce -3.7% | 0.14% | −0.06 |
| OUNZ Vaneck Merk Gold ETF | Reduce -1.2% | 0.14% | −0.06 |
| PCG P G & E Corp. | Reduce -79.1% | 0.01% | −0.06 |
| SU Suncor Energy Inc. | Reduce -17.3% | 0.07% | −0.05 |
| SSRM SSR Mining Inc. | Reduce -22.5% | 0.08% | −0.05 |
| RKLB Rocket Lab Corp. | Reduce -48.1% | 0.10% | −0.05 |
| OXY Occidental Petroleum Corp. | Reduce -26.4% | 0.04% | −0.04 |
| BTG B2GOLD Corp. | Reduce -15.7% | 0.05% | −0.04 |
| EOG EOG Resources Inc. | Reduce -8.6% | 0.08% | −0.04 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.04 |
| EGO Eldorado Gold Corp. | Reduce -4.0% | 0.08% | −0.03 |
| CTVA Corteva Inc. | Reduce -21.4% | 0.06% | −0.03 |
| FNV Franco-Nevada Corp. | Reduce -23.0% | 0.03% | −0.03 |
| SNDK Sandisk Corp. | Sold out | 0.00% | −0.03 |
| CGAU Centerra Gold Inc. | Reduce -8.0% | 0.06% | −0.03 |
| EQT Eqt Corp. | Reduce -17.5% | 0.04% | −0.03 |
| FCX Freeport-McMoran Inc. | Reduce -11.3% | 0.10% | −0.03 |
| ARIS Aris Mining Corp. | Reduce -25.0% | 0.03% | −0.02 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2026 → Q2 2026
| SOXX iShares Semiconductor ETF | New | 6.32% | +6.32 |
| GLD SPDR Gold Shares | Add +2323.1% | 1.64% | +1.54 |
| MU Micron Technology Inc. | Add +4.5% | 2.17% | +1.44 |
| DBA Invesco DB Agriculture Fund | New | 0.91% | +0.91 |
| NVDA Nvidia Corp. | Add +8.5% | 17.25% | +0.73 |
| COPX Global X Copper Miners ETF | New | 0.38% | +0.38 |
| EWZ iShares MSCI Brazil ETF | New | 0.35% | +0.35 |
| GAP The Gap Inc. | New | 0.29% | +0.29 |
| INTC Intel Corp. | Add +6.2% | 0.33% | +0.21 |
| EC Ecopetrol SA-Sponsored ADR | New | 0.20% | +0.20 |
| GOOGL Alphabet Inc. Class A | Add +7.3% | 1.78% | +0.19 |
| KRMN Karman Holdings Inc. | New | 0.18% | +0.18 |
| GEV GE Vernova Inc. | Add +9.6% | 0.90% | +0.17 |
| UNH Unitedhealth Group Inc. | Add +0.8% | 0.71% | +0.16 |
| PL Planet Labs PBC | Add +56.0% | 0.46% | +0.16 |
| AXON Axon Enterprise Inc. | Add +4.8% | 1.13% | +0.16 |
| AVGO Broadcom Inc. | Add +5.8% | 2.03% | +0.16 |
| MCHI iShares MSCI China ETF | Add +107.9% | 0.39% | +0.14 |
| LRCX Lam Research Corp. | Add +12.4% | 0.29% | +0.14 |
| AMAT Applied Materials Inc. | Add +3.2% | 0.29% | +0.13 |
| DDOG Datadog Inc. Class A | Add +4.4% | 0.23% | +0.11 |
| PEP Pepsico Inc. | Add +234.4% | 0.18% | +0.11 |
| KLAC KLA Corp. | Add +13.5% | 0.22% | +0.11 |
| IEMG iShares Core MSCI Emerging | Add +102.5% | 0.19% | +0.10 |
| MRVL Marvell Technology Inc. | Add +23.0% | 0.14% | +0.09 |
| GOOG Alphabet Inc. Class C | Add +14.1% | 0.61% | +0.09 |
| BE Bloom Energy Corp. Class A | Add +37.5% | 0.15% | +0.09 |
| DT Dynatrace Inc. | Add +134.2% | 0.16% | +0.09 |
| CAT Caterpillar Inc. | Add +14.3% | 0.28% | +0.09 |
| RBRK Rubrik Inc. Class A | Add +31.8% | 0.19% | +0.08 |
| LIN Linde PLC | Add +121.0% | 0.17% | +0.08 |
| WDC Western Digital Corp. | Add +20.3% | 0.13% | +0.07 |
| NVT Nvent Electric PLC | Add +60.0% | 0.15% | +0.07 |
| APLD Applied Digital Corp. | Add +45.2% | 0.15% | +0.07 |
| STX Seagate Technology Holdings | Add +10.3% | 0.11% | +0.06 |
| CVLT Commvault Systems Inc. | Add +42.1% | 0.11% | +0.06 |
| EEM iShares MSCI Emerging Market | Add +46.1% | 0.18% | +0.06 |
| AAOI Applied Optoelectronics Inc. | Add +57.4% | 0.10% | +0.06 |
| OGC Oceanagold Corp. | New | 0.06% | +0.06 |
| GE General Electric | Add +9.8% | 0.32% | +0.06 |
| GLW Corning Inc. | Add +16.3% | 0.12% | +0.05 |
| DELL Dell Technologies -C | Add +26.0% | 0.08% | +0.05 |
| VSAT Viasat Inc. | Add +29.3% | 0.09% | +0.05 |
| NEE Nextera Energy Inc. | Add +55.3% | 0.24% | +0.04 |
| WCC Wesco International Inc. | Add +53.3% | 0.11% | +0.04 |
| TSLA Tesla Inc. | Add +13.3% | 0.61% | +0.04 |
| TENB Tenable Holdings Inc. | Add +61.6% | 0.06% | +0.04 |
| COHR Coherent Corp. | New | 0.04% | +0.04 |
| AZN Astrazeneca PLC | Add +34.9% | 0.47% | +0.04 |
| LITE Lumentum Holdings Inc. | New | 0.04% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 690 | $354.8M | NVDA, SOXX, MSFT, AAPL, ONON |
| Q1 2026 | 687 | $297.7M | NVDA, CVX, MSFT, AAPL, ONON |
| Q4 2025 | 682 | $397.2M | NVDA, MSFT, META, ONON, AMZN |
| Q3 2025 | 662 | $422.0M | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q2 2025 | 658 | $355.6M | MSFT, NVDA, AMZN, AAPL, ISRG |
| Q1 2025 | 654 | $293.3M | MSFT, NVDA, AAPL, AMZN, ISRG |
| Q4 2024 | 627 | $303.0M | MSFT, NVDA, AAPL, AMZN, ISRG |
| Q3 2024 | 582 | $275.1M | MSFT, NVDA, AMD, AAPL, ISRG |
| Q2 2024 | 564 | $267.9M | NVDA, MSFT, AMD, ISRG, GOOGL |
| Q1 2024 | 572 | $236.1M | NVDA, MSFT, AMD, PANW, NKE |