PKO BP BANKOWY Universal Pension Society JSC
Long book
$213.9M
Q1 2026
Positions
13
Top-10 weight
96%
concentration
Last quarter
+66.3%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsPKO BP BANKOWY Universal Pension Society JSC is a concentrated fundamental stock-picker, running a $213.9M US long book across 13 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: MICRON TECHNOLOGY INC, FREEPORT-MCMORAN INC, UBER TECHNOLOGIES INC, AMAZON.COM INC, NEUROCRINE BIOSCIENCES INC.
Over the last 6 quarters its long book ran on average 16.3pp per quarter ahead of the S&P 500, beating the index in 6 of 6 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
Q4 2024
-4.1%
Q1 2025
+20.4%
Q2 2025
+14.8%
Q3 2025
+18.1%
Q4 2025
+9.8%
Q1 2026
+66.3%
Sector allocation
Technology 40%
Materials 17%
Services media 13%
Energy 12%
Consumer discretionary 9%
Healthcare 9%
Other 0%
Long book by quarter
What does PKO BP own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MU MICRON TECHNOLOGY INC | Technology | 176.8K | $59.7M | 27.9% | -17.7% |
| FCX FREEPORT-MCMORAN INC | Materials | 527.8K | $31.0M | 14.5% | Held |
| UBER UBER TECHNOLOGIES INC | Services media | 391.6K | $28.2M | 13.2% | +7.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 91.3K | $19.0M | 8.9% | Held |
| NBIX NEUROCRINE BIOSCIENCES INC | Healthcare | 138.8K | $18.3M | 8.5% | Held |
| DELL DELL TECHNOLOGIES -C | Technology | 97.6K | $16.0M | 7.5% | Held |
| PUMP PROPETRO HOLDING CORP | Energy | 862.5K | $12.4M | 5.8% | +26.3% |
| DVN DEVON ENERGY CORP | Energy | 177.5K | $8.9M | 4.2% | Held |
| CRM SALESFORCE INC | Technology | 30.0K | $5.6M | 2.6% | New |
| NEM NEWMONT CORP | Materials | 50.0K | $5.4M | 2.5% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 15.0K | $4.3M | 2.0% | Held |
| COP CONOCOPHILLIPS | Energy | 31.0K | $4.1M | 1.9% | Held |
| MOS MOSAIC CO/THE | Other | 35.0K | $893K | 0.4% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 13 | $213.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 13 | $197.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Feb 17, 2026 | 13 | $168.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Feb 17, 2026 | 13 | $145.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Feb 17, 2026 | 13 | $121.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 17, 2026 | 14 | $120.3M | canonical | SEC ↗ |
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