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Towarzystwo Funduszy Inwestycyjnych Pzu SA

CIK:0002071170
Asset Manager
$5B AUM
658 holdings
Warsaw, Poland
Founded:1999
300 employees
Latest filing:Jun 30, 2025

Towarzystwo Funduszy Inwestycyjnych PZU SA (TFI PZU SA) is one of the largest investment fund management companies in Poland and a leading member of the PZU Group, which has over 200 years of history in financial and insurance services. Founded in 1999 and headquartered in Warsaw, TFI PZU SA manages significant assets for both institutional and private clients. As of recent years, it has specialized in offering a broad spectrum of investment solutions, including mutual funds, retirement products, and occupational pension schemes. The firm employs a substantial staff and holds a leadership position in workplace pension markets in Poland.

Investment Strategy

TFI PZU SA provides a diverse portfolio of investment fund strategies, ranging from traditional benchmark-based funds to actively managed global macro and absolute return approaches. The firm manages both passive and active funds (notably through the inPZU SFIO platform), and is known for its strong track record in debt and fixed income funds. It serves companies, large employers, and individuals, with a particular leadership role in Employee Capital Plans (PPK) and Occupational Pension Schemes (PPE). The strategy emphasizes risk management, stable returns, and cost-effective passive investment choices, while also being recognized for innovation in the Polish asset management market.

Top Buys
N
NVDANVIDIA CORPORATION
+$11.7M
M
MSFTMICROSOFT CORP
+$10.9M
O
ONONON HLDG AG
+$6.5M
B
BBARRICK MNG CORP
+$2.9M
A
AMZNAMAZON COM INC
+$2.4M
Top Sells
G
GOLDBARRICK GOLD CORP
-$2.8M
U
UNHUNITEDHEALTH GROUP INC
-$1.2M
A
AXONAXON ENTERPRISE INC
-$764.2K
M
MRVLMARVELL TECHNOLOGY INC
-$757.9K
A
AZNASTRAZENECA PLC
-$467.8K

Top Holdings

M
MSFTMICROSOFT CORP
+10.9%$38.7M
N
NVDANVIDIA CORPORATION
+10.1%$36.0M
A
AMZNAMAZON COM INC
+4.7%$16.6M
A
AAPLAPPLE INC
+4.6%$16.3M
I
ISRGINTUITIVE SURGICAL INC
+3.6%$12.8M

Equity Positions (656)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
M
MSFT
MICROSOFT CORP10.88%$38.7M77,776$400.37$497.41+$10.9M
N
NVDA
NVIDIA CORPORATION10.12%$36.0M227,858$54.68$157.99+$11.7M
A
AMZN
AMAZON COM INC4.66%$16.6M75,534$193.18$219.39+$2.4M
A
AAPL
APPLE INC4.59%$16.3M79,608$209.76$205.17-$389.7K
I
ISRG
INTUITIVE SURGICAL INC3.60%$12.8M23,554$421.85$543.41+$914.5K

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+22.9%
SEMICONDUCTORS & RELATED DEVICES
+12.9%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+4.7%
ELECTRONIC COMPUTERS
+4.6%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+4.6%