Q2 2026 13F · SEC CIK 2011081

Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.

Investment managerFiled 2026-08-07 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.8B
Reported positions: 43
Top holdings a year, 3 yrs: +22.8%
Average holding period: 1.6 yrs

Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. is an investment manager that reported 43 positions worth $1.8B in its Q2 2026 13F, filed 2026-08-07. Its largest holdings were Micron Technology Inc (MU, 10.9%), Microsoft Corp (MSFT, 10.4%), Advanced Micro Devices Inc (AMD, 6.6%). A portfolio copying its top holdings returned 22.8% a year over the last 3 years, against 18.4% for the S&P 500.

Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. holdings all 43 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MUMicron Technology Inc	10.9%	7.3%	173,121	-32.4%	$199.8M
MSFTMicrosoft Corp	10.4%	3.6%	506,688	+342.7%	$189.0M
AMDAdvanced Micro Devices Inc	6.6%	0.6%	208,567	+468.3%	$121.2M
ABVXAbivax SA	5.6%	7.2%	765,332	-0.1%	$102.0M
AMZNAmazon Com Inc	5.4%	4.6%	414,360	+57.6%	$98.8M
RVMDRevolution Medicines Inc	4.9%	4.0%	479,080	+0.0%	$89.7M
SNDKSandisk Corp	4.5%	—	36,481	—	$82.9M
VVisa Inc	4.5%	—	237,134	—	$81.4M
CRWDCrowdstrike Hldgs Inc	4.2%	3.5%	100,662	-4.5%	$76.8M
WDCWestern Digital Corp Com	3.9%	2.2%	110,524	+14.0%	$70.6M
INTCIntel Corp	3.7%	1.1%	488,322	+68.7%	$68.2M
NVDANvidia Corporation	3.3%	5.0%	298,303	-12.5%	$59.7M
AMATApplied Matls Inc	3.2%	2.5%	80,404	-5.1%	$58.1M
CYTKCytokinetics	3.1%	3.7%	660,310	+0.0%	$56.3M
ALBAlbemarle Corp	3.0%	—	407,798	—	$55.1M
AVGOBroadcom Inc	2.9%	3.4%	141,283	+9.8%	$53.4M
CEGConstellation Energy Corp	2.8%	2.4%	204,196	+99.9%	$50.7M
GOOGAlphabet Inc	2.3%	9.3%	120,067	-68.7%	$42.4M
HQYHealthequity Inc	2.3%	—	456,922	—	$41.3M
GOOGLAlphabet Inc	2.0%	1.4%	101,014	+70.7%	$36.1M
FCXFreeport Mcmoran Inc	1.9%	2.8%	555,093	+0.0%	$34.9M
MRVLMarvell Technology Inc	1.4%	0.7%	84,648	+0.0%	$25.2M
QUREUniqure NV	1.3%	0.7%	521,677	+0.0%	$24.0M
WMWaste Mgmt Inc Del	1.1%	1.8%	92,659	+0.0%	$20.7M
METAMeta Platforms Inc	1.0%	1.3%	33,877	+30.1%	$19.1M
MELIMercadolibre Inc	0.7%	3.2%	7,978	-63.2%	$13.5M
AAPLApple Inc	0.7%	0.6%	41,662	+42.2%	$12.1M
NKTRNektar Therapeutics	0.5%	0.7%	122,767	+0.4%	$8.6M
GEVGe Vernova Inc	0.4%	0.5%	5,795	-19.6%	$6.8M
SCCOSouthern Copper Corp	0.3%	0.5%	34,173	+1.0%	$6.0M
JANXJanux Therapeutics Inc	0.3%	0.4%	376,496	+0.0%	$5.8M
WMTWalmart Inc	0.2%	0.3%	29,143	+0.0%	$3.3M
CATCaterpillar Inc	0.2%	0.2%	3,093	-0.9%	$3.3M
XOMExxon Mobil Corp	0.2%	3.1%	20,367	-90.4%	$2.8M
CRMSalesforce Inc	0.1%	0.1%	9,183	+0.0%	$1.4M
GSGoldman Sachs Group Inc	0.1%	0.1%	1,289	+0.2%	$1.3M
CVXChevron Corporation	0.1%	3.0%	6,688	-96.1%	$1.1M
PGProcter & Gamble Co	0.0%	0.1%	4,153	+0.3%	$609K
JPMJpmorgan Chase & Co	0.0%	0.0%	1,811	+0.0%	$593K
BACBank of Amer Corp	0.0%	0.0%	7,522	+0.0%	$429K
PEPPepsico Inc	0.0%	0.0%	3,143	+0.0%	$426K
KOCoca Cola Co	0.0%	0.0%	5,219	+0.0%	$424K
WFCWells Fargo & Co	0.0%	0.0%	2,846	+0.0%	$235K

What Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

AMD Advanced Micro Devices Inc+468.3% shares
MSFT Microsoft Corp+342.7% shares
CEG Constellation Energy Corp+99.9% shares
GOOGL Alphabet Inc+70.7% shares
INTC Intel Corp+68.7% shares
AMZN Amazon Com Inc+57.6% shares
AAPL Apple Inc+42.2% shares
META Meta Platforms Inc+30.1% shares

Reduced

Sold out

PTGX Protagonist Therapeutics Incwas 5.1%
DOW Dow Hldgs Incwas 3.4%
LYB Lyondellbasell Industries NVwas 3.3%
LIN Linde PLCwas 2.8%
VRT Vertiv Holdings Cowas 2.2%
MLYS Mineralys Therapeutics Incwas 0.2%
GE Ge Aerospacewas 0.2%
BRK-B Berkshire Hathaway Inc Delwas 0.2%

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +54.5% /yr; S&P 500 +20.1%
3 years: +22.8% /yr; S&P 500 +18.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.8B	43
Q1 2026	$1.2B	51
Q4 2025	$1.1B	48
Q3 2025	$1.3B	46
Q2 2025	$846.2M	56
Q1 2025	$484.6M	54
Q4 2024	$826.4M	52
Q3 2024	$720.5M	48
Q2 2024	$615.0M	41
Q1 2024	$648.4M	37
Q4 2023	$439.0M	31

Questions about Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s portfolio

What stocks does Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. own?

Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s latest 13F, for Q2 2026 and filed Aug 7, 2026, lists 43 positions worth $1.8B. The largest are Micron Technology Inc (MU) at 10.9%, Microsoft Corp (MSFT) at 10.4%, Advanced Micro Devices Inc (AMD) at 6.6%, Abivax SA (ABVX) at 5.6% and Amazon Com Inc (AMZN) at 5.4%.

What did Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. buy last quarter?

In Q2 2026, Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. added Advanced Micro Devices Inc (AMD) (+468.3% shares), Microsoft Corp (MSFT) (+342.7% shares) and Constellation Energy Corp (CEG) (+99.9% shares), compared with its Q1 2026 filing.

What did Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. sell last quarter?

In Q2 2026, Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. sold all of Protagonist Therapeutics Inc (PTGX), sold all of Dow Hldgs Inc (DOW), sold all of Lyondellbasell Industries NV (LYB), sold all of Linde PLC (LIN), sold all of Vertiv Holdings Co (VRT), Chevron Corporation (CVX) (-96.1% shares), Exxon Mobil Corp (XOM) (-90.4% shares) and Alphabet Inc (GOOG) (-68.7% shares), compared with its Q1 2026 filing.

How has Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s portfolio performed?

A portfolio copying Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +22.8% a year over the last 3 years, against +18.4% for the S&P 500. Over 1 year: +54.5% against +20.1%.

When is Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.