PKO BP BANKOWY Universal Pension Society JSC
WARSAW, R9
$350m in 13 US stocks at the end of 30 June 2026. The top 10 are 97.6% of the money. It changed about 21.0% of the portfolio this quarter.
Value
$350m
Stocks
13
Top 10 share
97.6%
Turnover
21.0%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- Uber TechnologiesUBER8.5% of the fund+5%
- Neurocrine BiosciencesNBIX8.2% of the fund+23%
- SalesforceCRM1.6% of the fund+20%
Cut
Sold some of their stake.
- Micron TechnologyMU47.8% of the fund-18%
- Dell TechnologiesDELL8.6% of the fund-29%
- MosaicMOS0.1% of the fund-43%
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Micron TechnologyMU | 47.8% | $167m | 145,000 | -18% |
| Freeport-McMoRanFCX | 9.5% | $33m | 527,755 | Held |
| Dell TechnologiesDELL | 8.6% | $30m | 69,552 | -29% |
| Uber TechnologiesUBER | 8.5% | $30m | 411,550 | +5% |
| Neurocrine BiosciencesNBIX | 8.2% | $29m | 170,802 | +23% |
| Amazon.comAMZN | 6.2% | $22m | 91,250 | Held |
| ProPetro HoldingPUMP | 3.6% | $12m | 870,485 | Held |
| Devon EnergyDVN | 2.1% | $7m | 177,491 | Held |
| SalesforceCRM | 1.6% | $6m | 36,000 | +20% |
| AlphabetGOOGL | 1.5% | $5m | 15,000 | Held |
| NewmontNEM | 1.3% | $5m | 50,000 | Held |
| ConocoPhillipsCOP | 0.9% | $3m | 31,000 | Held |
| MosaicMOS | 0.1% | $423,800 | 20,000 | -43% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 140.1% since 30 June 2025.
Where the money is
Technology58.0%
Materials10.9%
Industrials8.5%
Health care8.2%
Energy6.6%
Retail & consumer6.2%
Media & telecom1.5%
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.