SEC 13F Intelligence

Managers / Q1 2025 · view latest →

PKO Investment Management Joint-Stock Co

CIK 0002059321 · SWIETOKRZYSKA 36, WARSAW, R9, 00-116 · 01148223585600

Reported Value
$882M
Q1 2025
Positions
174
Filings on Record
50
2019–present window
Filed
Apr 18, 2025
original filing

Summary

Pko Investment Management Joint-Stock Co reported $882M in U.S.-listed holdings across 174 positions for Q1 2025.

Its largest position, Ishares Tr, represents 13.0% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+43.7%
share of reported value
Largest Position
+13.0%
Ishares Tr

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. 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
Q1 ’25: $882MQ1 ’25Q2 ’25: $931MQ2 ’25Q3 ’25: $1.2BQ3 ’25Q4 ’25: $1.3BQ4 ’25Q1 ’26: $1.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 69.4%ETP: 28.2%ADR: 2.2%Other: 0.2%
  • Common Stock · 69.4% · $612M
  • ETP · 28.2% · $249M
  • ADR · 2.2% · $19M
  • Other · 0.2% · $1M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+204.5K204.5K+$115M$115M
INVESCO EXCH TRADED FD TR IINEW+220.0K220.0K+$42M$42M
MSFTMICROSOFT CORPNEW+104.0K104.0K+$39M$39M
DIREXION SHS ETF TRNEW+420.0K420.0K+$37M$37M
AAPLAPPLE INCNEW+150.0K150.0K+$33M$33M
NVDANVIDIA CORPORATIONNEW+270.0K270.0K+$29M$29M
AMZNAMAZON COM INCNEW+130.0K130.0K+$25M$25M
VANGUARD INDEX FDSNEW+47.6K47.6K+$24M$24M

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

Holdings — Q1 2025

47 positions
#IssuerClass% PortfolioValueShares
1ISHARES TRCORE S&P500 ETF · MSCI EMG MKT ETF · RUSSELL 2000 ETF · CORE S&P SCP ETF15.52%$137M541.1K
2INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF4.82%$42M220.0K
3MSFTMICROSOFT CORPhistory →COM4.43%$39M104.0K
4DIREXION SHS ETF TRNAS100 EQL WGT4.15%$37M420.0K
5AAPLAPPLE INChistory →COM3.78%$33M150.0K
6NVDANVIDIA CORPORATIONhistory →COM3.32%$29M270.0K
7AMZNAMAZON COM INChistory →COM2.81%$25M130.0K
8VANGUARD INDEX FDSS&P 500 ETF SHS2.77%$24M47.6K
9GOOGLALPHABET INChistory →CAP STK CL A2.54%$22M145.0K
10AVGOBROADCOM INChistory →COM2.09%$18M110.0K
11AEMAGNICO EAGLE MINES LTDhistory →COM1.89%$17M153.5K
12NEMNEWMONT CORPhistory →COM1.87%$17M342.4K
13TSLATESLA INChistory →COM1.71%$15M58.3K
14WPMWHEATON PRECIOUS METALS CORPhistory →COM1.67%$15M188.9K
15ABXBARRICK GOLD CORPhistory →COM1.57%$14M712.2K
16METAMETA PLATFORMS INChistory →CL A1.37%$12M21.0K
17AMDADVANCED MICRO DEVICES INChistory →COM1.37%$12M117.3K
18COSTCOSTCO WHSL CORP NEWhistory →COM1.23%$11M11.5K
19EXMOCEXXON MOBIL CORPhistory →COM1.11%$10M82.4K
20REGNREGENERON PHARMACEUTICALShistory →COM1.10%$10M15.3K
21FNVFRANCO NEV CORPCOM0.93%$8M52.2K
22LLYELI LILLY & COCOM0.90%$8M9.6K
23CHVCHEVRON CORP NEWCOM0.89%$8M47.0K
24QCOMQUALCOMM INCCOM0.86%$8M49.4K
25AMATAPPLIED MATLS INCCOM0.86%$8M52.0K
26EDGGOLD FIELDS LTDSPONSORED ADR0.83%$7M330.0K
27UNHUNITEDHEALTH GROUP INCCOM0.83%$7M13.9K
28NFLXNETFLIX INCCOM0.82%$7M7.8K
29ADBEADOBE INCCOM0.79%$7M18.1K
30TXNTEXAS INSTRS INCCOM0.77%$7M37.6K
31MUMICRON TECHNOLOGY INCCOM0.74%$7M75.0K
32KGCKINROSS GOLD CORPCOM0.72%$6M501.0K
33LRCXLAM RESEARCH CORPCOM0.71%$6M85.9K
34DC4DEXCOM INCCOM0.70%$6M91.0K
35ADIANALOG DEVICES INCCOM0.62%$5M27.0K
36ISRGINTUITIVE SURGICAL INCCOM NEW0.56%$5M10.0K
37MRVLMARVELL TECHNOLOGY INCCOM0.56%$5M80.0K
38MRKMERCK & CO INCCOM0.54%$5M52.9K
39ISHARES INCCORE MSCI EMKT0.53%$5M87.0K
40HONGBPHONEYWELL INTL INCCOM0.53%$5M22.0K
41APPAPPLOVIN CORPCOM CL A0.51%$5M17.0K
42PEPPEPSICO INCCOM0.51%$4M30.0K
43PAASPAN AMERN SILVER CORPCOM0.50%$4M171.3K
44CEGCONSTELLATION ENERGY CORPCOM0.48%$4M21.0K
45PANWPALO ALTO NETWORKS INCCOM0.46%$4M24.0K
46JNJJOHNSON & JOHNSONCOM0.46%$4M24.5K
47BHP GROUP LTDSPONSORED ADS0.46%$4M83.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B220Apr 17, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.3B218Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B202Oct 27, 202513F-HRchanges · EDGAR ↗
Q2 2025$931M175Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$882M174Apr 18, 202513F-HRchanges · 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 ↗.