TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA
SEC Form 13F institutional filer · CIK 0002071170
13F-HR · 448 reported holdings · 2026-03-31
Reported long-US-equity value
$0.24B
Top-10 concentration
54.4%
TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA — $239M AUM allocation strategy
TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA files SEC Form 13F and reports $239M of long US equity value across 448 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 37.8%, followed by Energy 10.7% and Health Care 4.6%.
The top 10 holdings account for 54% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$239M
total across 448 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
54% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$CVX +101K sh · +$21.3M+$NOW +15.3K sh · +$1.36M+$GEN +5.1K sh · −$38.1K
Biggest trims (shares)
−$NKE −211K sh · −$13.5M−$TJX −48.2K sh · −$7.35M−$AMZN −42.3K sh · −$10.5M
Exited to nil (held last quarter, gone now)
$RL ($760K last qtr)$ARE ($30.3K last qtr)$BXP ($20.2K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors23.9%—
- Integrated Oil & Gas10.7%—
- Systems Software8.7%—
- Interactive Media & Services4.4%—
- Technology Hardware, Storage & Peripherals4.3%—
- Broadline Retail2.8%—
- Pharmaceuticals2.6%—
- Gold2.0%—
- Other holdings40.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 282K | $49.2M | +4.38K | 20.6% |
| $CVX | Chevron Corporation | 108K | $22.3M | +101K | 9.3% |
| $MSFT | Microsoft Corporation | 45.3K | $16.8M | -36.3K | 7.0% |
| $AAPL | Apple Inc | 40K | $10.2M | -4.31K | 4.3% |
| $AMZN | Amazon.com Inc | 31.7K | $6.61M | -42.3K | 2.8% |
| $META | Meta Platforms Inc | 10.4K | $5.96M | -19.8K | 2.5% |
| $AVGO | Broadcom Inc | 18K | $5.58M | +1.23K | 2.3% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 16.4K | $4.72M | -23.9K | 2.0% |
| $NEM | Newmont Corporation | 43.5K | $4.7M | -6K | 2.0% |
| $LLY | Eli Lilly and Company | 4.31K | $3.96M | +235 | 1.7% |
…and 438 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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