# PKO Investment Management Joint-Stock Co

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2059321. Source: https://holderbook.com/funds/2059321-pko-investment-management-joint-stock-co/

- Reported value: $1.4B
- Positions: 228
- Weight of the ten largest: 37.9%
- Filed: 2026-07-20

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $156.3M | 208,689 | 11.4% | 34 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $73.6M | 368,000 | 5.3% | 38 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $49.2M | 170,000 | 3.6% | 39 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $45.0M | 39,000 | 3.3% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $35.1M | 94,000 | 2.5% | 39 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $34.2M | 49,725 | 2.5% | 22 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $34.1M | 143,000 | 2.5% | 39 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $31.5M | 337,434 | 2.3% | 51 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $31.4M | 203,120 | 2.3% | 51 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $30.8M | 53,000 | 2.2% | 19 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $25.9M | 61,500 | 1.9% | 36 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $24.3M | 68,000 | 1.8% | 39 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $23.3M | 636,102 | 1.7% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $23.0M | 65,000 | 1.7% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $22.7M | 60,000 | 1.6% | 33 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $22.6M | 162,000 | 1.6% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $20.3M | 36,000 | 1.5% | 39 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $18.8M | 26,000 | 1.4% | 10 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $17.5M | 40,500 | 1.3% | 7 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $16.9M | 150,476 | 1.2% | 37 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $15.9M | 140,000 | 1.2% | 3 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $14.9M | 71,576 | 1.1% | 50 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $13.4M | 161,635 | 1.0% | 34 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $13.2M | 561,101 | 1.0% | 51 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $12.9M | 110,000 | 0.9% | 18 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $12.7M | 42,000 | 0.9% | 8 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $12.6M | 92,515 | 0.9% | 19 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $12.2M | 13,000 | 0.9% | 7 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $11.4M | 38,033 | 0.8% | 7 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $11.4M | 160,000 | 0.8% | 28 |
| GOLD FIELDS LTD | [GFI](https://holderbook.com/stocks/GFI/) | $11.4M | 337,961 | 0.8% | 14 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $10.5M | 8,750 | 0.8% | 21 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $10.2M | 4,500 | 0.7% | 1 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $9.7M | 141,513 | 0.7% | 51 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $9.5M | 32,000 | 0.7% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $9.3M | 56,235 | 0.7% | 23 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $9.1M | 203,290 | 0.7% | 23 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $8.9M | 30,000 | 0.6% | 6 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $8.9M | 76,000 | 0.6% | 6 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $8.9M | 26,000 | 0.6% | 10 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $8.5M | 62,735 | 0.6% | 6 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $7.4M | 58,500 | 0.5% | 39 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $7.3M | 11,500 | 0.5% | 3 |
| COEUR MNG INC | [CDE](https://holderbook.com/stocks/CDE/) | $7.2M | 438,898 | 0.5% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.2M | 28,200 | 0.5% | 39 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $6.8M | 17,100 | 0.5% | 19 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $6.8M | 17,000 | 0.5% | 7 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $6.7M | 36,000 | 0.5% | 38 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $6.5M | 17,600 | 0.5% | 25 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $6.5M | 8,500 | 0.5% | 4 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $6.4M | 77,008 | 0.5% | 11 |
| ALAMOS GOLD INC | [AGI](https://holderbook.com/stocks/AGI/) | $6.0M | 198,363 | 0.4% | 16 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $5.9M | 16,400 | 0.4% | 39 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $5.9M | 39,786 | 0.4% | 14 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $5.9M | 35,000 | 0.4% | 5 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $5.6M | 13,489 | 0.4% | 39 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $5.5M | 16,657 | 0.4% | 25 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $5.5M | 11,050 | 0.4% | 11 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $5.4M | 27,067 | 0.4% | 16 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $5.3M | 30,000 | 0.4% | 6 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $5.3M | 21,200 | 0.4% | 38 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $5.3M | 20,328 | 0.4% | 10 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $5.3M | 10,200 | 0.4% | 6 |
| ISHARES INC | [URTH](https://holderbook.com/stocks/URTH/) | $5.0M | 24,800 | 0.4% | 26 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $4.6M | 40,000 | 0.3% | 4 |
| CLEAN HARBORS INC | [CLH](https://holderbook.com/stocks/CLH/) | $4.5M | 15,000 | 0.3% | 23 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $4.3M | 12,000 | 0.3% | 4 |
| FIRST MAJESTIC SILVER CORP | [AG](https://holderbook.com/stocks/AG/) | $4.1M | 243,706 | 0.3% | 26 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $4.0M | 166,450 | 0.3% | 39 |
| EQUINOX GOLD CORP | [EQX](https://holderbook.com/stocks/EQX/) | $3.9M | 400,248 | 0.3% | 25 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $3.9M | 37,319 | 0.3% | 18 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $3.9M | 30,000 | 0.3% | 39 |
| IAMGOLD CORP | [IAG](https://holderbook.com/stocks/IAG/) | $3.7M | 234,974 | 0.3% | 10 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $3.7M | 5,900 | 0.3% | 26 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $3.7M | 35,300 | 0.3% | 19 |
| ELDORADO GOLD CORP NEW | [EGO](https://holderbook.com/stocks/EGO/) | $3.6M | 115,947 | 0.3% | 14 |
| HECLA MINING COMPANY | [HL](https://holderbook.com/stocks/HL/) | $3.6M | 231,914 | 0.3% | 21 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $3.4M | 22,000 | 0.2% | 4 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $3.2M | 8,600 | 0.2% | 4 |
| HARMONY GOLD MNG LTD | [HMY](https://holderbook.com/stocks/HMY/) | $3.1M | 206,836 | 0.2% | 16 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $3.1M | 15,000 | 0.2% | 20 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $3.0M | 6,700 | 0.2% | 4 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $3.0M | 12,000 | 0.2% | 6 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.9M | 13,000 | 0.2% | 6 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $2.9M | 46,268 | 0.2% | 21 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $2.8M | 15,950 | 0.2% | 17 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $2.8M | 15,000 | 0.2% | 4 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $2.7M | 1,600 | 0.2% | 7 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $2.7M | 110,000 | 0.2% | 4 |
| OCEANAGOLD CORP | [OGC](https://holderbook.com/stocks/OGC/) | $2.7M | 107,868 | 0.2% | 1 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $2.6M | 35,250 | 0.2% | 1 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $2.6M | 10,000 | 0.2% | 4 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $2.6M | 9,400 | 0.2% | 19 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $2.6M | 25,000 | 0.2% | 5 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $2.5M | 27,000 | 0.2% | 4 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $2.4M | 5,000 | 0.2% | 1 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $2.4M | 5,000 | 0.2% | 1 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $2.4M | 16,778 | 0.2% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.4M | 24,786 | 0.2% | 1 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $2.4M | 50,000 | 0.2% | 3 |

## 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 | +12.7% | +14.8% | -2.1% | 100% |
| Q1 2026 | -2.4% | -4.6% | +2.2% | 100% |
| Q4 2025 | +4.7% | +2.4% | +2.3% | 100% |
| Q3 2025 | +13.3% | +7.8% | +5.5% | 100% |
| Q2 2025 | +13.8% | +10.5% | +3.3% | 100% |
| Q1 2025 | -0.4% | -4.6% | +4.2% | 100% |
| Q4 2024 | -0.2% | +2.1% | -2.3% | 100% |
| Q3 2024 | +5.0% | +5.4% | -0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.4B | 228 |
| Q1 2026 | $1.2B | 220 |
| Q4 2025 | $1.3B | 218 |
| Q3 2025 | $1.2B | 202 |
| Q2 2025 | $930.8M | 175 |
| Q1 2025 | $881.7M | 174 |
| Q4 2024 | $803.5M | 156 |
| Q3 2024 | $810.8M | 156 |
| Q2 2024 | $809.5M | 164 |
| Q1 2024 | $840.6M | 159 |
| Q4 2023 | $799.9M | 143 |
| Q3 2023 | $737.9M | 134 |