Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.
Long book
$1.18B
Q1 2026
Positions
51
Top-10 weight
53%
concentration
Last quarter
+37.3%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsNationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. is a concentrated fundamental stock-picker, running a $1.18B US long book across 51 positions.
The portfolio is concentrated: the top 10 names carry 53% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL C, MICRON TECHNOLOGY INC, ABIVAX SA-ADR, PROTAGONIST THERAPEUTICS INC, NVIDIA CORP.
Over the last 9 quarters its long book ran on average 1.1pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.8%
Q2 2024
+1.3%
Q3 2024
-3.9%
Q4 2024
-9.9%
Q1 2025
+10.0%
Q2 2025
+10.2%
Q3 2025
+3.1%
Q4 2025
-0.5%
Q1 2026
+37.3%
Sector allocation
Technology 49%
Healthcare 16%
Materials 10%
Energy 7%
Consumer discretionary 5%
Utilities 5%
Services media 4%
Other 4%
Long book by quarter
What does Nationale-Nederlanden Powszechne own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 384.0K | $110.2M | 9.3% | -11.0% |
| MU MICRON TECHNOLOGY INC | Technology | 256.0K | $86.5M | 7.3% | +6.0% |
| PTGX PROTAGONIST THERAPEUTICS INC | Healthcare | 571.8K | $60.3M | 5.1% | Held |
| NVDA NVIDIA CORP | Technology | 340.7K | $59.4M | 5.0% | +5.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 263.0K | $54.8M | 4.6% | -28.0% |
| RVMD REVOLUTION MEDICINES INC | Healthcare | 479.1K | $46.6M | 4.0% | New |
| CYTK CYTOKINETICS INC | Healthcare | 660.3K | $43.5M | 3.7% | -11.7% |
| MSFT MICROSOFT CORP | Technology | 114.4K | $42.4M | 3.6% | +21.7% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 105.4K | $41.1M | 3.5% | +48.9% |
| AVGO BROADCOM INC | Technology | 128.7K | $39.8M | 3.4% | +20.6% |
| DOW DOW INC | Materials | 948.9K | $39.5M | 3.4% | New |
| LYB LYONDELLBASELL INDU-CL A | Other | 484.1K | $39.0M | 3.3% | New |
| MELI MERCADOLIBRE INC | Services media | 21.7K | $37.5M | 3.2% | +247.7% |
| XOM EXXON MOBIL CORP | Energy | 212.6K | $36.1M | 3.1% | New |
| CVX CHEVRON CORP | Energy | 169.8K | $35.1M | 3.0% | New |
| LIN LINDE PLC | Materials | 67.5K | $33.4M | 2.8% | +4.9% |
| FCX FREEPORT-MCMORAN INC | Materials | 555.1K | $32.6M | 2.8% | Held |
| AMAT APPLIED MATERIALS INC | Technology | 84.7K | $29.0M | 2.5% | +9.8% |
| CEG CONSTELLATION ENERGY | Utilities | 102.2K | $28.5M | 2.4% | New |
| VRT VERTIV HOLDINGS CO-A | Technology | 105.2K | $26.4M | 2.2% | -42.1% |
| WDC WESTERN DIGITAL CORP | Technology | 96.9K | $26.2M | 2.2% | -57.4% |
| WM WASTE MANAGEMENT INC | Utilities | 92.7K | $21.3M | 1.8% | -6.6% |
| GOOGL ALPHABET INC-CL A | Technology | 59.2K | $17.0M | 1.4% | New |
| META META PLATFORMS INC-CLASS A | Technology | 26.0K | $14.9M | 1.3% | +20.7% |
| INTC INTEL CORP | Technology | 289.4K | $12.8M | 1.1% | Held |
| NKTR NEKTAR THERAPEUTICS | Healthcare | 122.3K | $8.8M | 0.7% | -35.0% |
| QURE UNIQURE NV | Healthcare | 521.7K | $8.5M | 0.7% | Held |
| MRVL MARVELL TECHNOLOGY INC | Technology | 84.6K | $8.4M | 0.7% | Held |
| AMD ADVANCED MICRO DEVICES | Technology | 36.7K | $7.5M | 0.6% | -27.7% |
| AAPL APPLE INC | Technology | 29.3K | $7.4M | 0.6% | +138.8% |
| GEV GE VERNOVA INC | Industrials | 7.2K | $6.3M | 0.5% | +108.7% |
| SCCO SOUTHERN COPPER CORP | Materials | 33.8K | $5.8M | 0.5% | +0.8% |
| JANX JANUX THERAPEUTICS INC | Healthcare | 376.5K | $5.2M | 0.4% | Held |
| WMT WALMART INC | Consumer discretionary | 29.1K | $3.6M | 0.3% | 0.0% |
| MLYS MINERALYS THERAPEUTICS INC | Healthcare | 105.0K | $2.8M | 0.2% | -84.1% |
| CAT CATERPILLAR INC | Industrials | 3.1K | $2.2M | 0.2% | -54.0% |
| GE GENERAL ELECTRIC | Industrials | 7.4K | $2.1M | 0.2% | -46.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.1K | $1.9M | 0.2% | -57.4% |
| CRM SALESFORCE INC | Technology | 9.2K | $1.7M | 0.1% | Held |
| RTX RTX CORP | Industrials | 8.8K | $1.7M | 0.1% | -60.3% |
| FISV FISERV INC | Services media | 29.4K | $1.6M | 0.1% | Held |
| GS GOLDMAN SACHS GROUP INC | Financials | 1.3K | $1.1M | 0.1% | New |
| NFLX NETFLIX INC | Services media | 6.2K | $599K | 0.1% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 4.1K | $598K | 0.1% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 1.8K | $533K | 0.0% | -90.0% |
| PEP PEPSICO INC | Consumer staples | 3.1K | $488K | 0.0% | Held |
| KO COCA-COLA CO/THE | Consumer staples | 5.2K | $397K | 0.0% | Held |
| BAC BANK OF AMERICA CORP | Financials | 7.5K | $367K | 0.0% | -84.5% |
| WFC WELLS FARGO & CO | Financials | 2.8K | $227K | 0.0% | -94.9% |
| SNOW SNOWFLAKE INC | Technology | 56 | $8K | 0.0% | -100.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 51 | $1.18B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 48 | $1.13B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 46 | $1.29B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 56 | $846.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 54 | $484.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 18, 2025 | 52 | $826.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 21, 2024 | 48 | $720.5M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 19, 2024 | 41 | $615.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 37 | $648.4M | canonical | SEC ↗ |
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