Q4 2025 · 13F-HR
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjnaholdings as filed
Filed 2026-02-11 · accession 0002079571-26-000001
$264.0M
Reported value
181
Positions
2025-12-31
Period end
The Brief · Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna · Q4 2025
AI · grounded in 13F
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna closed its position in CYBR, reducing exposure by $3.4M. The fund established a new position in KRMN valued at $2.5M and increased its stake in FCX by 1480.17%. Other notable activity includes accumulating shares of AVGO by 355.98% and trimming its holding in V by 45.67%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 67066G104 | NVDA | NVIDIA CORPORATION | $18.5M | 7.01% | 99,263 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $15.1M | 5.71% | 31,160 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $13.8M | 5.24% | 44,105 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $10.5M | 3.99% | 45,657 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $9.3M | 3.51% | 34,100 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $7.9M | 2.98% | 51,405 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $7.4M | 2.80% | 11,196 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $6.6M | 2.49% | 11,492 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $6.5M | 2.47% | 22,866 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $5.7M | 2.16% | 26,621 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $5.6M | 2.11% | 16,128 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $4.6M | 1.75% | 17,490 | Common | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $4.6M | 1.73% | 8,045 | Common | SOLE |
| 184496107 | CLH | CLEAN HARBORS INC | $4.3M | 1.63% | 18,407 | Common | SOLE |
| 21044C107 | ROAD | CONSTRUCTION PARTNERS INC | $4.1M | 1.57% | 38,065 | Common | SOLE |
| 92826C839 | V | VISA INC | $3.3M | 1.26% | 9,464 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $3.3M | 1.24% | 7,765 | Common | SOLE |
| 609839105 | MPWR | MONOLITHIC PWR SYS INC | $3.1M | 1.19% | 3,458 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $3.0M | 1.15% | 9,418 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $2.9M | 1.10% | 1,448 | Common | SOLE |
| 50077B207 | KTOS | KRATOS DEFENSE & SEC SOLUTIO | $2.9M | 1.10% | 38,408 | Common | SOLE |
| 23804L103 | DDOG | DATADOG INC | $2.8M | 1.08% | 20,945 | Common | SOLE |
| 750917106 | RMBS | RAMBUS INC DEL | $2.7M | 1.04% | 29,750 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $2.7M | 1.02% | 52,841 | Common | SOLE |
| 87151X101 | SYM | SYMBOTIC INC | $2.6M | 1.00% | 44,175 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $2.6M | 0.98% | 154,510 | Common | SOLE |
| 313855108 | FSS | FEDERAL SIGNAL CORP | $2.6M | 0.97% | 23,498 | Common | SOLE |
| 485924104 | KRMN | KARMAN HLDGS INC | $2.5M | 0.95% | 34,127 | Common | SOLE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $2.4M | 0.92% | 20,878 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $2.4M | 0.92% | 11,007 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $2.4M | 0.91% | 2,728 | Common | SOLE |
| 49845K101 | KVYO | KLAVIYO INC | $2.3M | 0.87% | 71,081 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $2.3M | 0.87% | 24,569 | Common | SOLE |
| P73684113 | OSW | ONESPAWORLD HOLDINGS LIMITED | $2.1M | 0.80% | 101,519 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $2.1M | 0.80% | 25,723 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $2.0M | 0.77% | 44,000 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $1.9M | 0.72% | 10,886 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $1.9M | 0.72% | 9,746 | Common | SOLE |
| 929740108 | WAB | WABTEC | $1.9M | 0.71% | 8,841 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $1.8M | 0.70% | 2,962 | Common | SOLE |
| 518415104 | LSCC | LATTICE SEMICONDUCTOR CORP | $1.7M | 0.66% | 23,770 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $1.7M | 0.64% | 2,955 | Common | SOLE |
| 773121108 | RKLB | ROCKET LAB CORP | $1.7M | 0.63% | 23,785 | Common | SOLE |
| 042068205 | ARM | ARM HOLDINGS PLC | $1.7M | 0.63% | 15,155 | Common | SOLE |
| 929160109 | VMC | VULCAN MATLS CO | $1.7M | 0.63% | 5,805 | Common | SOLE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $1.6M | 0.60% | 5,100 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $1.6M | 0.60% | 14,179 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $1.6M | 0.59% | 3,491 | Common | SOLE |
| 632307104 | NTRA | NATERA INC | $1.5M | 0.58% | 6,680 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $1.5M | 0.57% | 1,740 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $1.4M | 0.54% | 16,679 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $1.4M | 0.52% | 3,730 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $1.4M | 0.51% | 2,600 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $1.3M | 0.50% | 5,701 | Common | SOLE |
| 26701L100 | BROS | DUTCH BROS INC | $1.3M | 0.49% | 21,322 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $1.3M | 0.48% | 5,245 | Common | SOLE |
| 37045V100 | GM | GENERAL MTRS CO | $1.3M | 0.48% | 15,545 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $1.2M | 0.47% | 4,063 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $1.2M | 0.46% | 17,523 | Common | SOLE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $1.1M | 0.43% | 37,450 | Common | SOLE |
| 40131M109 | GH | GUARDANT HEALTH INC | $1.1M | 0.43% | 11,000 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $1.1M | 0.42% | 5,114 | Common | SOLE |
| 171779309 | CIEN | CIENA CORP | $1.1M | 0.42% | 4,714 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.1M | 0.41% | 5,929 | Common | SOLE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $1.1M | 0.40% | 2,264 | Common | SOLE |
| 000360206 | AAON | AAON INC | $1.0M | 0.39% | 13,600 | Common | SOLE |
| 852234103 | XYZ | BLOCK INC | $990,669 | 0.38% | 15,220 | Common | SOLE |
| 45687V106 | IR | INGERSOLL RAND INC | $990,170 | 0.38% | 12,499 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $958,255 | 0.36% | 5,953 | Common | SOLE |
| 88023U101 | SGI | SOMNIGROUP INTERNATIONAL INC | $937,440 | 0.36% | 10,500 | Common | SOLE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $900,144 | 0.34% | 17,100 | Common | SOLE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $898,752 | 0.34% | 2,310 | Common | SOLE |
| 58155Q103 | MCK | MCKESSON CORP | $864,585 | 0.33% | 1,054 | Common | SOLE |
| 174610105 | CFG | CITIZENS FINL GROUP INC | $860,731 | 0.33% | 14,736 | Common | SOLE |
| 98980G102 | ZS | ZSCALER INC | $858,070 | 0.33% | 3,815 | Common | SOLE |
| 751212101 | RL | RALPH LAUREN CORP | $828,155 | 0.31% | 2,342 | Common | SOLE |
| 61174X109 | MNST | MONSTER BEVERAGE CORP NEW | $816,535 | 0.31% | 10,650 | Common | SOLE |
| 87305R109 | TTMI | TTM TECHNOLOGIES INC | $812,889 | 0.31% | 11,781 | Common | SOLE |
| 16679L109 | CHWY | CHEWY INC | $765,108 | 0.29% | 23,150 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $729,960 | 0.28% | 5,500 | Common | SOLE |
| 398433102 | GFF | GRIFFON CORP | $725,452 | 0.27% | 9,850 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC NEW | $703,209 | 0.27% | 18,178 | Common | SOLE |
| 443573100 | HUBS | HUBSPOT INC | $688,230 | 0.26% | 1,715 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $682,909 | 0.26% | 3,700 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $671,943 | 0.25% | 2,270 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $647,840 | 0.25% | 4,000 | Common | SOLE |
| 40171V100 | GWRE | GUIDEWIRE SOFTWARE INC | $643,232 | 0.24% | 3,200 | Common | SOLE |
| 595017104 | MCHP | MICROCHIP TECHNOLOGY INC. | $641,342 | 0.24% | 10,065 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $631,103 | 0.24% | 1,100 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $608,242 | 0.23% | 692 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $606,970 | 0.23% | 3,582 | Common | SOLE |
| 443320106 | HUBG | HUB GROUP INC | $596,540 | 0.23% | 14,000 | Common | SOLE |
| 55305B101 | MHO | M/I HOMES INC | $588,570 | 0.22% | 4,600 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $584,970 | 0.22% | 1,700 | Common | SOLE |
| 364760108 | GAP | GAP INC | $580,762 | 0.22% | 22,686 | Common | SOLE |
| 926400102 | VSCO | VICTORIAS SECRET AND CO | $579,619 | 0.22% | 10,700 | Common | SOLE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $565,234 | 0.21% | 5,928 | Common | SOLE |
| 30226D106 | EXTR | EXTREME NETWORKS | $561,105 | 0.21% | 33,700 | Common | SOLE |
| 25809K105 | DASH | DOORDASH INC | $552,611 | 0.21% | 2,440 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $550,851 | 0.21% | 1,700 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $518,842 | 0.20% | 770 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $511,057 | 0.19% | 2,837 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $472,440 | 0.18% | 2,400 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $471,975 | 0.18% | 8,750 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $466,350 | 0.18% | 2,745 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $438,900 | 0.17% | 2,100 | Common | SOLE |
| 008252108 | AMG | AFFILIATED MANAGERS GROUP IN | $432,420 | 0.16% | 1,500 | Common | SOLE |
| 879360105 | TDY | TELEDYNE TECHNOLOGIES INC | $403,477 | 0.15% | 790 | Common | SOLE |
| 147448104 | CWST | CASELLA WASTE SYS INC | $401,554 | 0.15% | 4,100 | Common | SOLE |
| G3265R107 | APTV | APTIV PLC | $395,668 | 0.15% | 5,200 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $389,603 | 0.15% | 1,750 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $388,890 | 0.15% | 1,702 | Common | SOLE |
| 006739106 | ADUS | ADDUS HOMECARE CORP | $386,604 | 0.15% | 3,600 | Common | SOLE |
| 18915M107 | NET | CLOUDFLARE INC | $382,668 | 0.14% | 1,941 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $368,781 | 0.14% | 5,000 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $357,595 | 0.14% | 700 | Common | SOLE |
| 60937P106 | MDB | MONGODB INC | $351,281 | 0.13% | 837 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $341,112 | 0.13% | 800 | Common | SOLE |
| 52736R102 | LEVI | LEVI STRAUSS & CO NEW | $340,136 | 0.13% | 16,400 | Common | SOLE |
| 89377M109 | TMDX | TRANSMEDICS GROUP INC | $340,133 | 0.13% | 2,796 | Common | SOLE |
| 303250104 | FICO | FAIR ISAAC CORP | $338,124 | 0.13% | 200 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $337,795 | 0.13% | 2,578 | Common | SOLE |
| 23204G100 | CUBI | CUSTOMERS BANCORP INC | $329,040 | 0.12% | 4,500 | Common | SOLE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $328,356 | 0.12% | 3,600 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $327,250 | 0.12% | 5,950 | Common | SOLE |
| 049468101 | TEAM | ATLASSIAN CORPORATION | $324,280 | 0.12% | 2,000 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $322,404 | 0.12% | 300 | Common | SOLE |
| 20786W107 | CNOB | CONNECTONE BANCORP INC | $304,939 | 0.12% | 11,630 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $300,435 | 0.11% | 529 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $291,865 | 0.11% | 1,642 | Common | SOLE |
| 450056106 | IRTC | IRHYTHM TECHNOLOGIES INC | $283,904 | 0.11% | 1,600 | Common | SOLE |
| 902788108 | UMBF | UMB FINL CORP | $276,096 | 0.10% | 2,400 | Common | SOLE |
| 00650F109 | ADPT | ADAPTIVE BIOTECHNOLOGIES COR | $272,832 | 0.10% | 16,800 | Common | SOLE |
| 34354P105 | FLS | FLOWSERVE CORP | $263,644 | 0.10% | 3,800 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $257,512 | 0.10% | 2,763 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $254,757 | 0.10% | 1,997 | Common | SOLE |
| 099406100 | BOOT | BOOT BARN HLDGS INC | $247,058 | 0.09% | 1,400 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $240,600 | 0.09% | 1,500 | Common | SOLE |
| 49714P108 | KNSL | KINSALE CAP GROUP INC | $234,672 | 0.09% | 600 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $230,815 | 0.09% | 6,500 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $219,137 | 0.08% | 1,495 | Common | SOLE |
| 172573107 | CRCL | CIRCLE INTERNET GROUP INC | $217,361 | 0.08% | 2,741 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $201,872 | 0.08% | 1,730 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $178,447 | 0.07% | 4,089 | Common | SOLE |
| 443201108 | HWM | HOWMET AEROSPACE INC | $178,367 | 0.07% | 870 | Common | SOLE |
| 46125A100 | LUNR | INTUITIVE MACHINES INC | $162,300 | 0.06% | 10,000 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $161,957 | 0.06% | 1,622 | Common | SOLE |
| 192108504 | CDE | COEUR MNG INC | $138,468 | 0.05% | 7,766 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $117,812 | 0.04% | 944 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $116,226 | 0.04% | 329 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $73,157 | 0.03% | 480 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $71,536 | 0.03% | 368 | Common | SOLE |
| 83406F102 | SOFI | SOFI TECHNOLOGIES INC | $68,435 | 0.03% | 2,614 | Common | SOLE |
| 185899101 | CLF | CLEVELAND-CLIFFS INC NEW | $58,792 | 0.02% | 4,427 | Common | SOLE |
| 26875P101 | EOG | EOG RES INC | $56,495 | 0.02% | 538 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $46,055 | 0.02% | 492 | Common | SOLE |
| 518439104 | EL | LAUDER ESTEE COS INC | $27,332 | 0.01% | 261 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $26,777 | 0.01% | 2,055 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $25,038 | 0.01% | 163 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $24,585 | 0.01% | 83 | Common | SOLE |
| 95082P105 | WCC | WESCO INTL INC | $24,464 | 0.01% | 100 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $24,101 | 0.01% | 77 | Common | SOLE |
| 25179M103 | DVN | DEVON ENERGY CORP NEW | $23,516 | 0.01% | 642 | Common | SOLE |
| 87612E106 | TGT | TARGET CORP | $22,971 | 0.01% | 235 | Common | SOLE |
| 889478103 | TOL | TOLL BROTHERS INC | $21,906 | 0.01% | 162 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $21,774 | 0.01% | 164 | Common | SOLE |
| 03073E105 | COR | CENCORA INC | $21,278 | 0.01% | 63 | Common | SOLE |
| 375558103 | GILD | GILEAD SCIENCES INC | $20,866 | 0.01% | 170 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $19,410 | 0.01% | 210 | Common | SOLE |
| 025537101 | AEP | AMERICAN ELEC PWR CO INC | $18,911 | 0.01% | 164 | Common | SOLE |
| G4253H101 | JHX | JAMES HARDIE INDS PLC | $17,430 | 0.01% | 840 | Common | SOLE |
| 84265V105 | SCCO | SOUTHERN COPPER CORP | $16,643 | 0.01% | 116 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $16,176 | 0.01% | 210 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $13,855 | 0.01% | 81 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $13,690 | 0.01% | 371 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $12,856 | 0.00% | 162 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $12,417 | 0.00% | 60 | Common | SOLE |
| 911363109 | URI | UNITED RENTALS INC | $12,140 | 0.00% | 15 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $12,110 | 0.00% | 37 | Common | SOLE |
| 219948106 | CPAY | CORPAY INC | $11,435 | 0.00% | 38 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $10,637 | 0.00% | 58 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.