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Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.

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13F filer, CIK 2011081, WARSZAWA, Poland

Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. reported $1,126,807,116 across 48 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-11. Its ten largest share positions make up 60.47% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0002011081-26-000002

Period
2025-12-31
Reported value
$1.13B
Holdings
48
Top 10 weight
60.47%
New
7
Sold out
5

Largest buys vs the previous quarter

SecurityShares changeApprox. value
MUnew+241,453$68.9M
PTGXnew+571,825$49.9M
AMZNadded+127,311$29.4M
GOOGadded+81,685$25.6M
MLYSnew+659,076$23.9M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
RBLXexited-730,629-$101M
INTCreduced-1,806,185-$66.6M
Sexited-2,776,171-$48.9M
METAreduced-61,403-$40.5M
NVDAreduced-185,637-$34.6M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0002011081-26-000002, largest first. % of portfolio is the value over $1,126,807,116, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 154,867 shares; 2024Q4: 238,526 shares; 2025Q1: 86,519 shares; 2025Q2: 168,185 shares; 2025Q3: 349,865 shares; 2025Q4: 431,550 shares 431,550$135M12.02%+81,685Timeline
ABVXABIVAX SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 731,523 shares; 2025Q4: 691,973 shares 691,973$93.3M8.28%-39,550Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 141,375 shares; 2024Q4: 158,588 shares; 2025Q1: 113,071 shares; 2025Q2: 237,791 shares; 2025Q3: 237,695 shares; 2025Q4: 365,006 shares 365,006$84.3M7.48%+127,311Timeline
MUMICRON TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 241,453 shares 241,453$68.9M6.12%newTimeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 48,367 shares; 2024Q4: 229,523 shares; 2025Q1: 38,624 shares; 2025Q2: 39,832 shares; 2025Q3: 510,042 shares; 2025Q4: 324,405 shares 324,405$60.5M5.37%-185,637Timeline
AXSMAXSOME THERAPEUTICS INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 33,719 shares; 2025Q1: 285,494 shares; 2025Q2: 326,318 shares; 2025Q3: 326,318 shares; 2025Q4: 278,835 shares 278,835$50.9M4.52%-47,483Timeline
PTGXPROTAGONIST THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 571,825 shares 571,825$49.9M4.43%newTimeline
CYTKCYTOKINETICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 329,136 shares; 2025Q1: 161,285 shares; 2025Q2: 1,082,563 shares; 2025Q3: 1,192,484 shares; 2025Q4: 747,983 shares 747,983$47.5M4.22%-444,501Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,326 shares; 2024Q4: 11,802 shares; 2025Q1: 11,802 shares; 2025Q2: 11,798 shares; 2025Q3: 46,056 shares; 2025Q4: 94,025 shares 94,025$45.5M4.04%+47,969Timeline
SNOWSNOWFLAKE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 122,253 shares; 2025Q3: 204,867 shares; 2025Q4: 205,389 shares 205,389$45.1M4%+522Timeline
WDCWESTERN DIGITAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 343,864 shares; 2025Q4: 227,325 shares 227,325$39.2M3.48%-116,539Timeline
AVGOBROADCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 34,266 shares; 2024Q4: 37,356 shares; 2025Q1: 26,447 shares; 2025Q2: 150,326 shares; 2025Q3: 151,887 shares; 2025Q4: 106,717 shares 106,717$36.9M3.28%-45,170Timeline
SRRKSCHOLAR ROCK HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 385,925 shares; 2025Q1: 313,689 shares; 2025Q2: 769,442 shares; 2025Q3: 769,442 shares; 2025Q4: 769,442 shares 769,442$33.9M3.01%0Timeline
CRWDCROWDSTRIKE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 106,045 shares; 2024Q4: 106,255 shares; 2025Q1: 43,302 shares; 2025Q2: 6,860 shares; 2025Q3: 143,035 shares; 2025Q4: 70,771 shares 70,771$33.2M2.94%-72,264Timeline
VRTVERTIV HOLDINGS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 343,303 shares; 2025Q1: 46,364 shares; 2025Q2: 247,634 shares; 2025Q3: 391,369 shares; 2025Q4: 181,710 shares 181,710$29.4M2.61%-209,659Timeline
FCXFREEPORT MCMORAN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 555,093 shares; 2024Q4: 555,093 shares; 2025Q1: 555,093 shares; 2025Q2: 555,093 shares; 2025Q3: 555,093 shares; 2025Q4: 555,093 shares 555,093$28.2M2.5%0Timeline
LINLINDE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 54,716 shares; 2024Q4: 55,113 shares; 2025Q1: 79,822 shares; 2025Q2: 79,493 shares; 2025Q3: 76,809 shares; 2025Q4: 64,309 shares 64,309$27.4M2.43%-12,500Timeline
MLYSMINERALYS THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 659,076 shares 659,076$23.9M2.12%newTimeline
WMWASTE MGMT INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 143,855 shares; 2025Q2: 150,820 shares; 2025Q3: 99,234 shares; 2025Q4: 99,222 shares 99,222$21.8M1.93%-12Timeline
AMATAPPLIED MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 200,180 shares; 2024Q4: 144,101 shares; 2025Q1: 102,009 shares; 2025Q2: 174,383 shares; 2025Q3: 80,612 shares; 2025Q4: 77,188 shares 77,188$19.8M1.76%-3,424Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,689 shares; 2024Q4: 43,759 shares; 2025Q1: 27,758 shares; 2025Q2: 57,500 shares; 2025Q3: 82,987 shares; 2025Q4: 21,584 shares 21,584$14.2M1.26%-61,403Timeline
VRDNVIRIDIAN THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 633,090 shares; 2024Q4: 423,272 shares; 2025Q1: 423,272 shares; 2025Q2: 423,272 shares; 2025Q3: 423,272 shares; 2025Q4: 423,272 shares 423,272$13.2M1.17%0Timeline
MELIMERCADOLIBRE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,435 shares; 2024Q4: 10,323 shares; 2025Q1: 9,393 shares; 2025Q2: 6,237 shares; 2025Q3: 6,236 shares; 2025Q4: 6,236 shares 6,236$12.6M1.11%0Timeline
QUREUNIQURE NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 521,677 shares; 2025Q4: 521,677 shares 521,677$12.5M1.11%0Timeline
AMDADVANCED MICRO DEVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,495 shares; 2024Q4: 31,143 shares; 2025Q1: 20,404 shares; 2025Q2: 52,105 shares; 2025Q3: 30,009 shares; 2025Q4: 50,738 shares 50,738$10.9M0.96%+20,729Timeline
INTCINTEL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 388,794 shares; 2024Q4: 246,619 shares; 2025Q1: 246,619 shares; 2025Q2: 246,619 shares; 2025Q3: 2,095,595 shares; 2025Q4: 289,410 shares 289,410$10.7M0.95%-1,806,185Timeline
NKTRNEKTAR THERAPEUTICSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 153,846 shares; 2025Q4: 188,112 shares 188,112$7.95M0.71%+34,266Timeline
MRVLMARVELL TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 118,938 shares; 2024Q4: 270,467 shares; 2025Q1: 88,080 shares; 2025Q2: 88,061 shares; 2025Q3: 88,061 shares; 2025Q4: 84,648 shares 84,648$7.19M0.64%-3,413Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,470 shares; 2024Q4: 113,675 shares; 2025Q1: 697 shares; 2025Q2: 4,376 shares; 2025Q3: 4,365 shares; 2025Q4: 18,098 shares 18,098$5.83M0.52%+13,733Timeline
JANXJANUX THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 471,736 shares; 2024Q4: 429,392 shares; 2025Q1: 376,496 shares; 2025Q2: 376,496 shares; 2025Q3: 376,496 shares; 2025Q4: 376,496 shares 376,496$5.2M0.46%0Timeline
WFCWELLS FARGO & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,108 shares; 2024Q4: 413,842 shares; 2025Q1: 28,629 shares; 2025Q2: 9,267 shares; 2025Q3: 9,245 shares; 2025Q4: 55,616 shares 55,616$5.18M0.46%+46,371Timeline
SCCOSOUTHERN COPPER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 453,367 shares; 2024Q4: 418,089 shares; 2025Q1: 32,616 shares; 2025Q2: 32,938 shares; 2025Q3: 33,270 shares; 2025Q4: 33,552 shares 33,552$4.81M0.43%+282Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 42,689 shares; 2024Q4: 29,770 shares; 2025Q1: 50,517 shares; 2025Q2: 9,485 shares; 2025Q3: 9,546 shares; 2025Q4: 9,537 shares 9,537$4.79M0.43%-9Timeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 11,356 shares; 2025Q2: 36,876 shares; 2025Q3: 123,579 shares; 2025Q4: 23,994 shares 23,994$4.68M0.42%-99,585Timeline
GEGE AEROSPACEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 13,809 shares 13,809$4.25M0.38%newTimeline
RTXRTX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 22,122 shares 22,122$4.06M0.36%newTimeline
CATCATERPILLAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 6,785 shares 6,785$3.89M0.34%newTimeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,306 shares; 2024Q4: 12,306 shares; 2025Q1: 12,277 shares; 2025Q2: 12,277 shares; 2025Q3: 12,267 shares; 2025Q4: 12,268 shares 12,268$3.34M0.3%+1Timeline
WMTWALMART INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 393,297 shares; 2024Q4: 75,958 shares; 2025Q1: 60,887 shares; 2025Q2: 29,154 shares; 2025Q3: 29,137 shares; 2025Q4: 29,117 shares 29,117$3.24M0.29%-20Timeline
BACBANK OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 36,568 shares; 2024Q4: 891,374 shares; 2025Q1: 11,012 shares; 2025Q2: 11,012 shares; 2025Q3: 11,012 shares; 2025Q4: 48,556 shares 48,556$2.67M0.24%+37,544Timeline
CRMSALESFORCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 70,395 shares; 2025Q1: 19,061 shares; 2025Q2: 17,407 shares; 2025Q3: 9,183 shares; 2025Q4: 9,183 shares 9,183$2.43M0.22%0Timeline
GEVGE VERNOVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 3,452 shares 3,452$2.26M0.2%newTimeline
FISVFISERV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 129,000 shares; 2024Q4: 129,000 shares; 2025Q1: 29,423 shares; 2025Q2: 29,423 shares; 2025Q3: 29,423 shares; 2025Q4: 29,423 shares 29,423$1.98M0.18%0Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,351 shares; 2024Q4: 5,258 shares; 2025Q1: 5,243 shares; 2025Q2: 5,310 shares; 2025Q3: 5,583 shares; 2025Q4: 5,571 shares 5,571$1.95M0.17%-12Timeline
PGPROCTER & GAMBLE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,298 shares; 2024Q4: 2,891 shares; 2025Q1: 45,570 shares; 2025Q2: 4,163 shares; 2025Q3: 4,152 shares; 2025Q4: 4,140 shares 4,140$593K0.05%-12Timeline
NFLXNETFLIX INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,818 shares; 2025Q2: 3,839 shares; 2025Q3: 3,860 shares; 2025Q4: 6,230 shares 6,230$584K0.05%+2,370Timeline
PEPPEPSICO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 35,974 shares; 2024Q4: 3,901 shares; 2025Q1: 48,298 shares; 2025Q2: 3,145 shares; 2025Q3: 3,145 shares; 2025Q4: 3,143 shares 3,143$451K0.04%-2Timeline
KOCOCA COLA COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 101,789 shares; 2024Q4: 5,751 shares; 2025Q1: 107,440 shares; 2025Q2: 42,154 shares; 2025Q3: 5,245 shares; 2025Q4: 5,218 shares 5,218$365K0.03%-27Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
RBLXROBLOX CORP730,629$101Mshares
SSENTINELONE INC2,776,171$48.9Mshares
XYZBLOCK INC422,597$30.5Mshares
ETNEATON CORP PLC39,000$14.6Mshares
NOWSERVICENOW INC1,265$1.16Mshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0002011081-26-000002 base2026-02-11acceptance time not in the bulk data set