SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.

CIK 0002054965 · Part of the Allianz family · UL. INFLANCKA 4B, WARSZAWA, R9, 00-189 · 01148 224 224 224

Reported Value
$41M
Q3 2025
Positions
37
Filings on Record
10
2025–present window
Filed
Oct 31, 2025
original filing

Summary

Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. reported $41M in U.S.-listed holdings across 37 positions for Q3 2025.

Its largest position, AMZN, represents 11.8% of the portfolio.

Compared with Q2 2025, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+0.0%
vs prior filed quarter
Top-10 Concentration
+67.3%
share of reported value
Largest Position
+11.8%
Amazon Com

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’24: $34MQ4 ’24Q1 ’25: $39MQ1 ’25Q2 ’25: $21MQ2 ’25Q3 ’25: $41MQ3 ’25Q4 ’25: $47MQ4 ’25Q1 ’26: $56MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 90.2%ADR: 9.8%MLP: 0.1%
  • Common Stock · 90.2% · $37M
  • ADR · 9.8% · $4M
  • MLP · 0.1% · $23,143

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DRDDrdgold Ltd - Sponsored ADRADDED+20.7K28.7K+$685,480$792,120
EQXEquinox Gold CorpADDED+79.1K113.4K+$1M$1M
SVMSilvercorp Metals IncADDED+85.3K132.0K+$636,163$833,213
FSMFortuna Silver Mines IncADDED+77.6K127.6K+$816,296$1M
AGFirst Majestic Silver CorpADDED+51.2K93.6K+$799,696$1M
HUNHuntsman Corp.SOLD OUT3900$4,064$0
KMIKINDER MORGAN INCADDED+270570+$7,317$16,137
AGIAlamos Gold Inc-Class AADDED+20.3K43.6K+$903,420$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

37 positions
#IssuerClass% PortfolioValueShares
1AMZNAmazon.com Inc.history →Common Stock11.82%$5M21.8K
2AEMAgnico Eagle Mines Ltdhistory →Common Stock8.70%$4M20.9K
3BBarrick Gold Corphistory →Common Stock8.56%$3M105.5K
4NEMNewmont Mining Corphistory →Common Stock8.42%$3M40.5K
5WPMWheaton Precious Metals Corphistory →Common Stock8.24%$3M29.8K
6GFIGold Fields Ltd.history →ADR4.48%$2M43.3K
7KGCKinross Gold Corphistory →Common Stock4.46%$2M72.7K
8AUAnglogold Ashantihistory →Common Stock4.44%$2M25.6K
9FNVFranco - Nevada Corphistory →Common Stock4.18%$2M7.6K
10PAASPan American Silver Corphistory →Common Stock3.99%$2M41.8K
11AGIAlamos Gold Inc-Class Ahistory →Common Stock3.75%$2M43.6K
12HMYHarmony Gold Mng - Spon ADRhistory →ADR3.32%$1M74.0K
13BTGB2Gold Corphistory →Common Stock3.16%$1M258.5K
14EQXEquinox Gold Corphistory →Common Stock3.14%$1M113.4K
15AGFirst Majestic Silver Corphistory →Common Stock2.84%$1M93.6K
16FSMFortuna Silver Mines Inchistory →Common Stock2.82%$1M127.6K
17SSRMSsr Mining Inchistory →Common Stock2.32%$940,17038.5K
18RGLDRoyal Gold Inchistory →Common Stock2.24%$906,6224.5K
19SVMSilvercorp Metals Inchistory →Common Stock2.06%$833,213132.0K
20HLHecla Mining Cohistory →Common Stock1.97%$798,60066.0K
21DRDDrdgold Ltd - Sponsored ADRhistory →ADR1.96%$792,12028.7K
22EGOEldorado Gold Corphistory →Common Stock1.43%$577,80020.0K
23CGAUCenterra Gold Inchistory →Common Stock1.25%$504,87847.1K
24MPCMarathon Petroleum CorporationCommon Stock0.05%$19,274100
25PSXPhillips 66Common Stock0.04%$17,683130
26VLOVALERO ENERGY CORPCommon Stock0.04%$17,026100
27CMICummins INCCommon Stock0.04%$16,89540
28KMIKINDER MORGAN INCCommon Stock0.04%$16,137570
29WMBWilliams COS INCCommon Stock0.04%$15,838250
30LNGCheniere Energy, Inc.Common Stock0.03%$14,09960
31EPDEnterprise Products PartnersMLP0.03%$11,883380
32UNPUnion Pacific CorporationCommon Stock0.03%$11,81950
33CFCF Industries Holdings INCCommon Stock0.03%$11,661130
34PAAPlains All American Pipeline, L.p.MLP0.03%$11,260660
35EMNEastman Chemical Co.Common Stock0.02%$8,197130
36OKEOneok Inc.Common Stock0.02%$8,027110
37LYBLyondellbasell Industries NVCommon Stock0.02%$7,356150

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$56M38Apr 9, 202613F-HRchanges · EDGAR ↗
Q4 2025$47M37Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$41M37Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$21M38Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$39M39May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$34M38Feb 20, 2025RESTATEMENTchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.