# Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2079571. Source: https://holderbook.com/funds/2079571-investors-towarzystwo-funduszy-inwestycyjnych-spolka-akcyjna/

- Reported value: $300.5M
- Positions: 199
- Weight of the ten largest: 36.4%
- Filed: 2026-07-21

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/) | $19.4M | 96,773 | 6.4% | 26 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $16.3M | 43,668 | 5.4% | 26 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $14.8M | 41,780 | 4.9% | 26 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $12.2M | 10,605 | 4.1% | 22 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $11.5M | 48,233 | 3.8% | 26 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $9.7M | 16,639 | 3.2% | 24 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.2M | 24,874 | 2.4% | 24 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $7.1M | 71,583 | 2.4% | 26 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.7M | 15,124 | 1.9% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $5.6M | 10,016 | 1.9% | 10 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $4.7M | 9,208 | 1.6% | 26 |
| AXON ENTERPRISE INC | [AXON](https://holderbook.com/stocks/AXON/) | $4.6M | 8,280 | 1.5% | 11 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $4.6M | 6,385 | 1.5% | 14 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $4.4M | 27,887 | 1.5% | 26 |
| CONSTRUCTION PARTNERS INC | [ROAD](https://holderbook.com/stocks/ROAD/) | $4.3M | 35,925 | 1.4% | 12 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $4.2M | 16,208 | 1.4% | 14 |
| CLEAN HARBORS INC | [CLH](https://holderbook.com/stocks/CLH/) | $4.2M | 14,032 | 1.4% | 18 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $4.1M | 11,467 | 1.4% | 10 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $3.9M | 62,621 | 1.3% | 14 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.7M | 7,842 | 1.2% | 3 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $3.6M | 12,184 | 1.2% | 21 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.3M | 9,569 | 1.1% | 26 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.2M | 2,972 | 1.1% | 14 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.1M | 9,602 | 1.0% | 12 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $3.1M | 11,371 | 1.0% | 22 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $3.0M | 20,755 | 1.0% | 5 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $3.0M | 10,248 | 1.0% | 2 |
| ROCKET LAB CORP | [RKLB](https://holderbook.com/stocks/RKLB/) | $2.9M | 28,252 | 1.0% | 3 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $2.6M | 8,616 | 0.9% | 2 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $2.5M | 2,958 | 0.8% | 3 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $2.5M | 5,695 | 0.8% | 2 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.4M | 2,418 | 0.8% | 3 |
| ONESPAWORLD HOLDINGS LIMITED | [OSW](https://holderbook.com/stocks/OSW/) | $2.4M | 83,834 | 0.8% | 7 |
| FEDERAL SIGNAL CORP | [FSS](https://holderbook.com/stocks/FSS/) | $2.3M | 18,145 | 0.8% | 20 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $2.3M | 30,445 | 0.8% | 11 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $2.2M | 2,308 | 0.7% | 1 |
| RAMBUS INC DEL | [RMBS](https://holderbook.com/stocks/RMBS/) | $2.2M | 16,650 | 0.7% | 15 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $2.2M | 32,500 | 0.7% | 1 |
| CIENA CORP | [CIEN](https://holderbook.com/stocks/CIEN/) | $2.1M | 4,289 | 0.7% | 3 |
| LATTICE SEMICONDUCTOR CORP | [LSCC](https://holderbook.com/stocks/LSCC/) | $2.1M | 13,640 | 0.7% | 15 |
| TTM TECHNOLOGIES INC | [TTMI](https://holderbook.com/stocks/TTMI/) | $2.1M | 11,035 | 0.7% | 3 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $2.0M | 7,462 | 0.7% | 15 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $2.0M | 10,699 | 0.7% | 5 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $1.9M | 1,398 | 0.6% | 15 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $1.9M | 1,130 | 0.6% | 9 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $1.9M | 2,486 | 0.6% | 6 |
| NATERA INC | [NTRA](https://holderbook.com/stocks/NTRA/) | $1.9M | 6,980 | 0.6% | 13 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $1.9M | 8,722 | 0.6% | 3 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.8M | 5,192 | 0.6% | 13 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $1.6M | 4,300 | 0.5% | 15 |
| SYMBOTIC INC | [SYM](https://holderbook.com/stocks/SYM/) | $1.6M | 35,075 | 0.5% | 10 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $1.6M | 3,984 | 0.5% | 3 |
| GUARDANT HEALTH INC | [GH](https://holderbook.com/stocks/GH/) | $1.5M | 10,300 | 0.5% | 6 |
| APPLIED OPTOELECTRONICS INC | [AAOI](https://holderbook.com/stocks/AAOI/) | $1.5M | 10,298 | 0.5% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.5M | 13,458 | 0.5% | 13 |
| ON HLDG AG | [ONON](https://holderbook.com/stocks/ONON/) | $1.5M | 42,450 | 0.5% | 11 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $1.5M | 5,002 | 0.5% | 14 |
| MARTIN MARIETTA MATLS INC | [MLM](https://holderbook.com/stocks/MLM/) | $1.4M | 2,512 | 0.5% | 14 |
| DUTCH BROS INC | [BROS](https://holderbook.com/stocks/BROS/) | $1.4M | 20,030 | 0.5% | 7 |
| CITIZENS FINL GROUP INC | [CFG](https://holderbook.com/stocks/CFG/) | $1.4M | 20,236 | 0.5% | 3 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $1.4M | 5,406 | 0.5% | 7 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.4M | 9,388 | 0.5% | 4 |
| VICTORIAS SECRET AND CO | [VSXY](https://holderbook.com/stocks/VSXY/) | $1.4M | 16,225 | 0.5% | 3 |
| AAON INC | [AAON](https://holderbook.com/stocks/AAON/) | $1.3M | 10,500 | 0.4% | 7 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $1.3M | 98,630 | 0.4% | 12 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.3M | 5,837 | 0.4% | 22 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.3M | 1,390 | 0.4% | 6 |
| KARMAN HLDGS INC | [KRMN](https://holderbook.com/stocks/KRMN/) | $1.3M | 25,900 | 0.4% | 3 |
| FTAI AVIATION LTD | [FTAI](https://holderbook.com/stocks/FTAI/) | $1.2M | 4,610 | 0.4% | 3 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $1.2M | 15,454 | 0.4% | 3 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $1.2M | 5,168 | 0.4% | 3 |
| SOMNIGROUP INTERNATIONAL INC | [SGI](https://holderbook.com/stocks/SGI/) | $1.2M | 14,900 | 0.4% | 18 |
| RALPH LAUREN CORP | [RL](https://holderbook.com/stocks/RL/) | $1.2M | 2,905 | 0.4% | 11 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $1.1M | 2,310 | 0.4% | 14 |
| INGERSOLL RAND INC | [IR](https://holderbook.com/stocks/IR/) | $1.1M | 13,373 | 0.4% | 14 |
| KRATOS DEFENSE & SEC SOLUTIO | [KTOS](https://holderbook.com/stocks/KTOS/) | $1.1M | 21,887 | 0.4% | 9 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $1.1M | 5,340 | 0.4% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.1M | 2,526 | 0.4% | 9 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $1.1M | 2,469 | 0.4% | 1 |
| KLAVIYO INC | [KVYO](https://holderbook.com/stocks/KVYO/) | $1.0M | 67,900 | 0.3% | 7 |
| GRIFFON CORP | [GFF](https://holderbook.com/stocks/GFF/) | $1.0M | 10,450 | 0.3% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $936.5K | 11,523 | 0.3% | 12 |
| TOLL BROTHERS INC | [TOL](https://holderbook.com/stocks/TOL/) | $900.7K | 5,467 | 0.3% | 3 |
| GXO LOGISTICS INCORPORATED | [GXO](https://holderbook.com/stocks/GXO/) | $892.3K | 17,600 | 0.3% | 8 |
| M/I HOMES INC | [MHO](https://holderbook.com/stocks/MHO/) | $879.0K | 5,467 | 0.3% | 8 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $867.6K | 1,200 | 0.3% | 2 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $844.2K | 7,394 | 0.3% | 7 |
| APPLIED INDL TECHNOLOGIES IN | [AIT](https://holderbook.com/stocks/AIT/) | $835.2K | 2,470 | 0.3% | 1 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $815.1K | 8,480 | 0.3% | 10 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $814.2K | 693 | 0.3% | 1 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $797.1K | 8,740 | 0.3% | 12 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $787.3K | 5,500 | 0.3% | 10 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $782.2K | 2,584 | 0.3% | 2 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $758.0K | 775 | 0.3% | 3 |
| AFFILIATED MANAGERS GROUP | [AMG](https://holderbook.com/stocks/AMG/) | $707.3K | 2,090 | 0.2% | 3 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $701.2K | 9,433 | 0.2% | 2 |
| TELEDYNE TECHNOLOGIES INC | [TDY](https://holderbook.com/stocks/TDY/) | $668.9K | 1,003 | 0.2% | 7 |
| TKO GROUP HOLDINGS INC | [TKO](https://holderbook.com/stocks/TKO/) | $655.3K | 3,255 | 0.2% | 3 |
| LEVI STRAUSS & CO NEW | [LEVI](https://holderbook.com/stocks/LEVI/) | $645.6K | 26,000 | 0.2% | 8 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $626.9K | 1,208 | 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 | +28.1% | +14.8% | +13.3% | 100% |
| Q1 2026 | -5.9% | -4.6% | -1.3% | 100% |
| Q4 2025 | +0.7% | +2.4% | -1.7% | 100% |
| Q3 2025 | +6.1% | +7.8% | -1.8% | 100% |
| Q2 2025 | +20.4% | +10.5% | +10.0% | 100% |
| Q1 2025 | -13.4% | -4.6% | -8.9% | 99% |
| Q4 2024 | +3.8% | +2.1% | +1.6% | 100% |
| Q3 2024 | +0.3% | +5.4% | -5.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $300.5M | 199 |
| Q1 2026 | $242.1M | 191 |
| Q4 2025 | $264.0M | 181 |
| Q3 2025 | $249.7M | 190 |
| Q2 2025 | $249.3M | 200 |
| Q1 2025 | $211.9M | 185 |
| Q4 2024 | $251.8M | 180 |
| Q3 2024 | $259.2M | 177 |
| Q2 2024 | $263.0M | 162 |
| Q1 2024 | $253.7M | 169 |
| Q4 2023 | $237.2M | 183 |
| Q3 2023 | $186.3M | 161 |