Generali Powszechne Towarzystwo Emerytalne
WARSAW, R9
$631m in 25 US stocks at the end of 30 June 2026. The top 10 are 68.6% of the money. It changed about 20.7% of the portfolio this quarter.
Value
$631m
Stocks
25
Top 10 share
68.6%
Turnover
20.7%
What changed this quarter
New
Bought for the first time this quarter.
- OracleORCL2.3% of the fund
- Honeywell InternationalHON0.4% of the fund
- Honeywell AerospaceHONA0.4% of the fund
Added
Bought more of a stock they already held.
- Amazon.comAMZN8.7% of the fund+41%
- NvidiaNVDA8.6% of the fund+59%
- MicrosoftMSFT8.0% of the fund+23%
- SnowflakeSNOW7.7% of the fund+45%
- ServiceNowNOW4.4% of the fund+55%
- SalesforceCRM3.6% of the fund+26%
Cut
Sold some of their stake.
- Advanced Micro DevicesAMD7.4% of the fund-43%
Sold out
Sold their entire stake.
- ConocoPhillipsCOP-100%
- AdobeADBE-100%
- Micron TechnologyMU-100%
- NikeNKE-100%
- HalliburtonHAL-100%
- Honeywell InternationalHON-100%
Holdings
- Honeywell AerospaceHONA
- Share
- 0.4%
- Value
- $2m
- Shares
- 10,059
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Freeport-McMoRanFCX | 8.9% | $56m | 892,200 | Held |
| Amazon.comAMZN | 8.7% | $55m | 230,630 | +41% |
| NvidiaNVDA | 8.6% | $54m | 270,000 | +59% |
| MicrosoftMSFT | 8.0% | $51m | 135,900 | +23% |
| SnowflakeSNOW | 7.7% | $48m | 190,000 | +45% |
| Advanced Micro DevicesAMD | 7.4% | $46m | 80,000 | -43% |
| UnitedHealth GroupUNH | 6.0% | $38m | 90,350 | Held |
| Wesco InternationalWCC | 4.5% | $29m | 82,679 | Held |
| Meta PlatformsMETA | 4.5% | $28m | 50,000 | Held |
| ServiceNowNOW | 4.4% | $28m | 281,250 | +55% |
| MercadoLibreMELI | 4.1% | $26m | 15,100 | Held |
| Take TWO Interactive SoftwareTTWO | 4.0% | $25m | 100,300 | Held |
| SalesforceCRM | 3.6% | $23m | 145,800 | +26% |
| VisaV | 3.5% | $22m | 65,118 | Held |
| SentinelOneS | 2.9% | $18m | 1,063,223 | Held |
| DanaherDHR | 2.7% | $17m | 91,000 | Held |
| BoeingBA | 2.4% | $15m | 70,000 | Held |
| OracleORCL | 2.3% | $15m | 100,000 | New |
| CitigroupC | 1.4% | $9m | 64,900 | Held |
| American ExpressAXP | 1.1% | $7m | 20,118 | Held |
| Travelers CompaniesTRV | 1.1% | $7m | 20,118 | Held |
| McDonald'sMCD | 0.9% | $5m | 20,118 | Held |
| Archer AviationACHR | 0.7% | $5m | 1,000,000 | Held |
| Honeywell InternationalHON | 0.4% | $2m | 10,059 | New |
| Honeywell AerospaceHONA | 0.4% | $2m | 10,059 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 30.3% since 30 June 2025.
Where the money is
Technology48.9%
Retail & consumer9.6%
Materials8.9%
Health care8.7%
Media & telecom8.4%
Industrials8.4%
Financial services7.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.