Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.
CIK 2054965 · View on SEC EDGAR ↗
- Portfolio value
- $56.2M
- Positions
- 38
- As of
- March 31, 2026 Data as of Q1 2026
Portfolio value QoQ: +19.5% 13F does not disclose cash
- Top 10 holdings weight
- 73.51%
- Top 25 holdings weight
- 99.67%
- Positions above 1%
- 22
- Effective number of positions
- 15.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q1 2026: 7.24% Est. buys $9,721,097 · sells $3,737,336
Median holding: 6.0 quarters Tracked Q4 2024–Q1 2026 · 76.0% still held
- New positions
- 2
- Increased
- 11
- Decreased
- 11
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +87.3% · S&P 500: +19.3%
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.
Priceable coverage: 92.3% · Options excluded: 0.0%
Sector breakdown
Full portfolio 38 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| NEM Newmont Corporation | $6,070,660 | 10.81% | 56,080 | $2,008,483 | Up ×1 | ||
| AEM Agnico Eagle Mines Limited Common Stock | $6,021,102 | 10.72% | 29,726 | $2,474,316 | Up ×1 | ||
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $5,266,908 | 9.38% | 40,210 | $1,316,506 | Up ×3 | ||
| B Barrick Mining Corporation Common Shares | $5,142,407 | 9.15% | 126,100 | $878,327 | Up ×1 | ||
| KGC Kinross Gold Corporation Common Stock | $4,289,450 | 7.64% | 140,600 | $733,267 | Up ×3 | ||
| AU AngloGold Ashanti PLC Ordinary Shares | $3,079,434 | 5.48% | 32,100 | $760,599 | Up ×3 | ||
| GFI Gold Fields Limited American Depositary Shares | $3,041,800 | 5.41% | 67,000 | $866,684 | Up ×3 | ||
| PAAS Pan American Silver Corp. Common Stock | $3,023,771 | 5.38% | 55,350 | $291,794 | Up ×3 | ||
| FNV Franco-Nevada Corporation | $2,841,482 | 5.06% | 11,500 | $1,570,586 | Up ×1 | ||
| AGI Alamos Gold Inc. Class A Common Shares | $2,517,239 | 4.48% | 56,700 | $106,116 | Down ×1 | ||
| EQX | $1,840,313 | 3.28% | 127,700 | $-371,392 | Down ×1 | ||
| SSRM SSR Mining Inc. - Common Stock | $1,655,220 | 2.95% | 56,300 | $244,478 | Down ×1 | ||
| HMY Harmony Gold Mining Company Limited | $1,517,019 | 2.70% | 98,700 | $-307,531 | Up ×3 | ||
| CGAU Centerra Gold Inc. Common Shares | $1,400,224 | 2.49% | 78,900 | $34,487 | Down ×1 | ||
| BTG | $1,397,239 | 2.49% | 308,200 | $-205,667 | Down ×1 | ||
| FSM Fortuna Mining Corp. Common Shares | $1,250,187 | 2.23% | 125,900 | $-198,533 | Down ×1 | ||
| EGO Eldorado Gold Corporation Ordinary Shares | $1,147,945 | 2.04% | 33,500 | $-62,410 | |||
| RGLD Royal Gold, Inc. - Common Stock | $1,023,050 | 1.82% | 4,020 | $568,550 | Up ×1 | ||
| HL Hecla Mining Company Common Stock | $970,623 | 1.73% | 52,100 | $-459,943 | Down ×1 | ||
| SVM | $944,355 | 1.68% | 88,000 | $-351,162 | Down ×1 | ||
| AG First Majestic Silver Corp. Ordinary Shares (Canada) | $891,420 | 1.59% | 41,500 | $-540,858 | Down ×2 | ||
| DRD DRDGOLD Limited American Depositary Shares | $584,463 | 1.04% | 19,900 | $-249,378 | Down ×2 | ||
| VLO Valero Energy Corporation Common Stock | $24,708 | 0.04% | 100 | $8,222 | |||
| MPC Marathon Petroleum Corporation Common Stock | $24,418 | 0.04% | 100 | $8,036 | |||
| PSX Phillips 66 Common Stock | $23,683 | 0.04% | 130 | $6,840 | |||
| KMI Kinder Morgan, Inc. Common Stock | $19,112 | 0.03% | 570 | $3,391 | |||
| WMB Williams Companies, Inc. (The) Common Stock | $18,195 | 0.03% | 250 | $3,155 | |||
| XOM Exxon Mobil Corporation Common Stock | $16,966 | 0.03% | 100 | $4,867 | |||
| CVX Chevron Corporation Common Stock | $16,552 | 0.03% | 80 | $4,367 | |||
| OXY Occidental Petroleum Corporation Common Stock | $15,600 | 0.03% | 240 | $5,650 | |||
| BKR Baker Hughes Company - Common Stock | $14,042 | 0.02% | 230 | Up ×1 | |||
| SLB SLB Limited Common Shares | $13,361 | 0.02% | 260 | $3,338 | |||
| EOG EOG Resources, Inc. Common Stock | $13,011 | 0.02% | 90 | $3,502 | |||
| HAL Halliburton Company Common Stock | $12,867 | 0.02% | 330 | Up ×1 | |||
| OKE ONEOK, Inc. Common Stock | $11,751 | 0.02% | 130 | $-6,704 | Down ×1 | ||
| DVN Devon Energy Corporation Common Stock | $11,574 | 0.02% | 230 | $3,105 | |||
| EQT EQT Corporation Common Stock | $11,455 | 0.02% | 180 | $1,622 | |||
| COP ConocoPhillips Common Stock | $11,267 | 0.02% | 120 | $-461 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| AEM | Bought more | +9K | +$2.5M |
| NEM | Bought more | +16K | +$2.0M |
| FNV | Bought more | +5K | +$1.6M |
| WPM | Bought more | +7K | +$1.3M |
| B | Bought more | +30K | +$878K |
| GFI | Bought more | +18K | +$867K |
| AU | Bought more | +5K | +$761K |
| KGC | Bought more | +16K | +$733K |
| RGLD | Bought more | +2K | +$569K |
| AG | Trimmed | -43K | -$541K |
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 | 11.7% |
| GOLD | June 30, 2025 | 61,700 | $1,199,448 | 110.5% |
| NKE | March 31, 2025 | 12,213 | $924,158 | -36.1% |
| CMI | Dec. 31, 2025 | 40 | $16,895 | 17.3% |
| EPD | Dec. 31, 2025 | 380 | $11,883 | 20.1% |
| UNP | Dec. 31, 2025 | 50 | $11,819 | 32.4% |
| CF | Dec. 31, 2025 | 130 | $11,661 | 65.1% |
| LNG | March 31, 2026 | 60 | $11,606 | -1.5% |
| PAA | Dec. 31, 2025 | 660 | $11,260 | 38.7% |
| EMN | Dec. 31, 2025 | 130 | $8,197 | 16.8% |
| LYB | Dec. 31, 2025 | 150 | $7,356 | 57.9% |
| HUN | Sept. 30, 2025 | 390 | $4,064 | 13.6% |