# Generali Investments Towarzystwo Funduszy Inwestycyjnych

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2043130. Source: https://holderbook.com/funds/2043130-generali-investments-towarzystwo-funduszy-inwestycyjnych/

- Reported value: $249.0M
- Positions: 151
- Weight of the ten largest: 32.4%
- Filed: 2026-07-22

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $13.2M | 66,000 | 5.3% | 18 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $12.9M | 34,700 | 5.2% | 18 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $10.1M | 42,200 | 4.0% | 18 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $9.3M | 26,000 | 3.7% | 18 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $7.3M | 12,500 | 2.9% | 18 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $6.3M | 8,300 | 2.5% | 18 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $6.3M | 5,450 | 2.5% | 18 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $5.3M | 15,500 | 2.1% | 18 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.0M | 17,400 | 2.0% | 18 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $4.8M | 12,200 | 1.9% | 18 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $4.6M | 11,500 | 1.8% | 18 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $4.6M | 46,000 | 1.8% | 15 |
| HUBSPOT INC | [HUBS](https://holderbook.com/stocks/HUBS/) | $4.4M | 24,000 | 1.8% | 18 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $4.3M | 16,500 | 1.7% | 18 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $4.1M | 5,700 | 1.7% | 18 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $4.1M | 16,000 | 1.6% | 10 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $4.0M | 13,500 | 1.6% | 17 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $4.0M | 9,400 | 1.6% | 18 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $3.9M | 19,149 | 1.6% | 18 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $3.8M | 42,000 | 1.5% | 18 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $3.6M | 85,000 | 1.5% | 18 |
| TOAST INC | [TOST](https://holderbook.com/stocks/TOST/) | $3.6M | 130,000 | 1.5% | 12 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $3.0M | 10,000 | 1.2% | 7 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $2.8M | 29,100 | 1.1% | 14 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.7M | 48,000 | 1.1% | 18 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.6M | 4,640 | 1.0% | 18 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $2.5M | 7,400 | 1.0% | 18 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $2.4M | 15,250 | 1.0% | 18 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $2.3M | 9,341 | 0.9% | 18 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.2M | 23,000 | 0.9% | 18 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $2.1M | 11,300 | 0.9% | 18 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $2.1M | 15,000 | 0.8% | 18 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $2.1M | 87,000 | 0.8% | 14 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $2.1M | 21,754 | 0.8% | 18 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $2.1M | 8,500 | 0.8% | 15 |
| IMPINJ INC | [PI](https://holderbook.com/stocks/PI/) | $2.1M | 14,500 | 0.8% | 6 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $2.1M | 30,800 | 0.8% | 7 |
| MONDAY COM LTD | [MNDY](https://holderbook.com/stocks/MNDY/) | $2.0M | 28,000 | 0.8% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.0M | 5,300 | 0.8% | 3 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $1.8M | 6,600 | 0.7% | 14 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.8M | 1,510 | 0.7% | 7 |
| D-WAVE QUANTUM INC | [QBTS](https://holderbook.com/stocks/QBTS/) | $1.8M | 75,000 | 0.7% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.8M | 14,000 | 0.7% | 18 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.8M | 1,760 | 0.7% | 17 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.7M | 2,750 | 0.7% | 17 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.7M | 5,270 | 0.7% | 18 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $1.7M | 22,000 | 0.7% | 14 |
| FIVE9 INC | [FIVN](https://holderbook.com/stocks/FIVN/) | $1.6M | 74,000 | 0.6% | 8 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $1.6M | 6,000 | 0.6% | 2 |
| ATLASSIAN CORPORATION | [TEAM](https://holderbook.com/stocks/TEAM/) | $1.6M | 20,000 | 0.6% | 2 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.5M | 13,000 | 0.6% | 18 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.5M | 4,300 | 0.6% | 14 |
| BIO-TECHNE CORP | [TECH](https://holderbook.com/stocks/TECH/) | $1.4M | 20,500 | 0.6% | 14 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.4M | 17,000 | 0.6% | 18 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $1.4M | 10,100 | 0.5% | 15 |
| PROCEPT BIOROBOTICS CORP | [PRCT](https://holderbook.com/stocks/PRCT/) | $1.4M | 60,000 | 0.5% | 6 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $1.3M | 32,264 | 0.5% | 18 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $1.3M | 12,100 | 0.5% | 15 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.3M | 2,550 | 0.5% | 18 |
| BILL HOLDINGS INC | [BILL](https://holderbook.com/stocks/BILL/) | $1.3M | 36,000 | 0.5% | 8 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.3M | 62,000 | 0.5% | 14 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $1.3M | 10,300 | 0.5% | 9 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $1.2M | 87,000 | 0.5% | 14 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $1.2M | 7,300 | 0.5% | 14 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.2M | 3,400 | 0.5% | 4 |
| DECKERS OUTDOOR CORP | [DECK](https://holderbook.com/stocks/DECK/) | $1.1M | 11,400 | 0.5% | 7 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $1.1M | 31,100 | 0.4% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.0M | 2,900 | 0.4% | 2 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $973.8K | 23,000 | 0.4% | 1 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $961.7K | 19,800 | 0.4% | 14 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $952.4K | 5,000 | 0.4% | 15 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $943.9K | 8,200 | 0.4% | 18 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $906.3K | 800 | 0.4% | 14 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $905.3K | 2,500 | 0.4% | 18 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $881.9K | 5,200 | 0.4% | 14 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $876.9K | 7,300 | 0.4% | 14 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $873.0K | 1,400 | 0.4% | 18 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $872.0K | 11,700 | 0.4% | 14 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $846.1K | 11,850 | 0.3% | 18 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $844.4K | 1,700 | 0.3% | 7 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $833.0K | 15,000 | 0.3% | 14 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $827.6K | 8,000 | 0.3% | 14 |
| CRISPR THERAPEUTICS AG | [CRSP](https://holderbook.com/stocks/CRSP/) | $818.1K | 15,000 | 0.3% | 14 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $817.5K | 8,000 | 0.3% | 18 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $806.2K | 7,500 | 0.3% | 5 |
| TYSON FOODS INC | [TSN](https://holderbook.com/stocks/TSN/) | $801.5K | 14,000 | 0.3% | 14 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $798.4K | 33,800 | 0.3% | 14 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $787.3K | 3,100 | 0.3% | 18 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $782.8K | 2,500 | 0.3% | 18 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $776.1K | 4,200 | 0.3% | 5 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $761.9K | 10,500 | 0.3% | 18 |
| BEAM THERAPEUTICS INC | [BEAM](https://holderbook.com/stocks/BEAM/) | $755.0K | 22,000 | 0.3% | 9 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $727.7K | 3,250 | 0.3% | 1 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $721.8K | 16,000 | 0.3% | 14 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $718.5K | 3,250 | 0.3% | 1 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $702.4K | 17,000 | 0.3% | 1 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $696.1K | 1,800 | 0.3% | 14 |
| INTELLIA THERAPEUTICS INC | [NTLA](https://holderbook.com/stocks/NTLA/) | $676.8K | 40,000 | 0.3% | 14 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $628.1K | 7,600 | 0.3% | 14 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $609.7K | 4,700 | 0.2% | 14 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +27.9% | +14.8% | +13.1% | 100% |
| Q1 2026 | -9.0% | -4.6% | -4.4% | 100% |
| Q4 2025 | +5.0% | +2.4% | +2.6% | 100% |
| Q3 2025 | +6.3% | +7.8% | -1.5% | 100% |
| Q2 2025 | +17.3% | +10.5% | +6.8% | 100% |
| Q1 2025 | -9.5% | -4.6% | -4.9% | 100% |
| Q4 2024 | +5.3% | +2.1% | +3.2% | 100% |
| Q3 2024 | +2.1% | +5.4% | -3.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $249.0M | 151 |
| Q1 2026 | $193.7M | 146 |
| Q4 2025 | $205.5M | 141 |
| Q3 2025 | $188.7M | 142 |
| Q2 2025 | $191.6M | 145 |
| Q1 2025 | $157.5M | 144 |
| Q4 2024 | $172.4M | 143 |
| Q3 2024 | $157.5M | 124 |
| Q2 2024 | $153.8M | 121 |
| Q1 2024 | $145.2M | 120 |
| Q4 2023 | $120.3M | 119 |
| Q3 2023 | $120.3M | 119 |