Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.
Portfolio value QoQ: +16.8% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q3 2026: 4.42% Est. buys $2,673,958 · sells $2,232,790
Median holding: 6.5 quarters Tracked Q1 2025–Q3 2026 · 75.0% still held
Performance vs S&P 500
Annualized: +48.3% · S&P 500: +25.1%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Sector breakdown
Full portfolio 39 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AEM | $5,629,078 | 10.34% | 30,626 | $887,524 | |||
| B | $5,142,764 | 9.44% | 126,000 | $1,405,514 | Up ×1 | ||
| NEM | $5,014,983 | 9.21% | 43,480 | $113,351 | Down ×2 | ||
| WPM | $4,773,231 | 8.77% | 35,610 | $781,703 | |||
| KGC | $3,413,452 | 6.27% | 141,100 | $84,517 | |||
| PAAS | $2,860,661 | 5.25% | 62,650 | $401,565 | Up ×1 | ||
| AU | $2,798,725 | 5.14% | 29,800 | $201,174 | Down ×1 | ||
| GFI | $2,682,230 | 4.93% | 74,300 | $186,493 | |||
| AGI | $2,371,995 | 4.36% | 73,000 | $486,824 | Up ×2 | ||
| EQX | $2,155,193 | 3.96% | 193,400 | $631,742 | Up ×2 | ||
| HMY | $2,023,624 | 3.72% | 114,200 | $286,642 | |||
| BTG | $1,738,753 | 3.19% | 331,800 | $326,634 | Down ×1 | ||
| FNV | $1,672,685 | 3.07% | 7,000 | $217,277 | |||
| SSRM | $1,666,000 | 3.06% | 50,000 | $104,944 | Down ×3 | ||
| OCANF | $1,621,565 | 2.98% | 58,666 | $156,275 | |||
| CGAU | $1,523,223 | 2.80% | 69,600 | $241,754 | Down ×1 | ||
| FSM | $1,415,116 | 2.60% | 125,900 | $134,941 | Down ×1 | ||
| EGO | $1,294,786 | 2.38% | 33,500 | $255,884 | |||
| RGLD | $1,137,520 | 2.09% | 4,820 | $654,464 | Up ×1 | ||
| SVM | $982,426 | 1.80% | 91,700 | $57,256 | |||
| AG | $948,352 | 1.74% | 53,400 | $42,688 | |||
| HL | $887,263 | 1.63% | 52,100 | $83,360 | |||
| DRD | $482,575 | 0.89% | 19,900 | $58,705 | |||
| PSX | $20,425 | 0.04% | 80 | $6,901 | |||
| MPC | $19,771 | 0.04% | 50 | $6,987 | |||
| VLO | $19,381 | 0.04% | 50 | $6,359 | |||
| CVX | $16,337 | 0.03% | 80 | $3,076 | |||
| Unknown issuer (CUSIP: 30233Q108) | $16,275 | 0.03% | 100 | Up ×1 | |||
| OXY | $13,277 | 0.02% | 240 | $1,620 | |||
| SLB | $12,667 | 0.02% | 260 | $580 | |||
| EOG | $12,398 | 0.02% | 90 | $722 | |||
| WMB | $11,555 | 0.02% | 170 | $-1,083 | |||
| EQT | $11,169 | 0.02% | 230 | $1,598 | Up ×1 | ||
| Unknown issuer (CUSIP: 30609A109) | $11,085 | 0.02% | 130 | Up ×1 | |||
| COP | $10,962 | 0.02% | 120 | $-215 | |||
| KMI | $10,854 | 0.02% | 360 | $-655 | |||
| DVN | $10,589 | 0.02% | 230 | $1,085 | |||
| HAL | $10,494 | 0.02% | 330 | $-710 | |||
| BKR | $8,784 | 0.02% | 160 | $-96 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 30233Q108) | $16,275 | 100 | 0.03% |
| Unknown issuer (CUSIP: 30609A109) | $11,085 | 130 | 0.02% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| B | Bought more | +24K | +$1.4M |
| AEM | Price move only | +0 | +$888K |
| WPM | Price move only | +0 | +$782K |
| RGLD | Bought more | +2K | +$654K |
| EQX | Bought more | +36K | +$632K |
| AGI | Bought more | +11K | +$487K |
| PAAS | Bought more | +8K | +$402K |
| BTG | Trimmed | -46K | +$327K |
| HMY | Price move only | +0 | +$287K |
| EGO | Price move only | +0 | +$256K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| AMZN | Dec. 31, 2025 | 21,815 | $4,789,920 | 7.4% |
| GOLD | June 30, 2025 | 61,700 | $1,199,448 | 73.5% |
| CMI | Dec. 31, 2025 | 40 | $16,895 | 1.4% |
| XOM | Sept. 30, 2026 | 100 | $13,672 | 12.6% |
| EPD | Dec. 31, 2025 | 380 | $11,883 | 15.7% |
| UNP | Dec. 31, 2025 | 50 | $11,819 | 26.6% |
| CF | Dec. 31, 2025 | 130 | $11,661 | 56.0% |
| LNG | March 31, 2026 | 60 | $11,606 | 5.3% |
| OKE | Sept. 30, 2026 | 130 | $11,302 | 12.4% |
| PAA | Dec. 31, 2025 | 660 | $11,260 | 48.3% |
| EMN | Dec. 31, 2025 | 130 | $8,197 | 1.7% |
| LYB | Dec. 31, 2025 | 150 | $7,356 | 53.5% |
| HUN | Sept. 30, 2025 | 390 | $4,064 | -2.0% |