Portfolio Concentration Analysis: PTE Allianz Holdings
Powszechne Towarzystwo Emerytalne Allianz Polska S.A.'s portfolio shows significant concentration in consumer cyclical and basic materials sectors.
As of June 30, 2026, Powszechne Towarzystwo Emerytalne Allianz Polska S.A. (PTE Allianz) maintains a concentrated investment strategy with substantial holdings across key sectors.
The investor's portfolio allocates approximately 51% to consumer cyclical and basic materials combined, highlighting their focus on tangible assets and growth-oriented businesses. This concentration is further evident in the top positions held by the fund.
Top Holdings Analysis
- Amazon.com Inc (AMZN): Holds 306,239 shares valued at PLN 72.98 million, representing the largest position in the portfolio with a 24.62% allocation.
- Alphabet Inc (GOOG): With 174,160 shares worth PLN 62.23 million, this position accounts for 20.99% of the portfolio.
- Freeport-McMoran Inc (FCX): Holds a significant stake with 921,400 shares valued at PLN 57.94 million, making up 19.54% of the portfolio.
- Wells Fargo Corp (WFC): Accounts for 7.53% allocation with its holdings.
These top positions demonstrate PTE Allianz's preference for large-cap technology and industrial companies, though the fund has maintained a stable portfolio without any significant buying or selling activity during the reporting period.
Sector Allocation Breakdown
- Consumer Cyclical sector: Dominated by Amazon, accounting for 24.62% allocation
- Basic Materials: Includes Freeport-McMoran and CF Industries Holdings Inc., representing a substantial portion of the portfolio with combined allocations exceeding 30%
- Communication Services: Notably includes Alphabet Inc.
- Financial Services: Features Wells Fargo and UMB Financial Corp
The fund's holdings in Amazon, Alphabet, Freeport-McMoran, and financial institutions suggest a balanced approach to growth sectors while maintaining exposure to cyclical industries.