THORNBURG INVESTMENT MANAGEMENT INC
AdviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Schedule 13D/13G stakes
Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.
| Company | Schedule | Event date | Filed | Shares | % of class | Status |
|---|---|---|---|---|---|---|
| CIM Chimera Investment Corp | 13G | Dec 31, 2025 | 9mo | 5,269,354 | 6.34% | Current |
| SLRC SLR Investment Corp. | 13G | Dec 31, 2025 | 9mo | 4,372,550 | 8.01% | Current |
A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the S&P 500 as of 2026-06-30, active share 85.1%; sector active share 35.9% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
138 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 21.1% | $2,204,067,923 |
| Technology | 17.6% | $1,833,480,763 |
| Healthcare | 15.9% | $1,657,863,329 |
| Energy | 15.2% | $1,592,721,952 |
| Communication Services | 10.7% | $1,119,660,810 |
| Consumer Defensive | 6.2% | $652,814,057 |
| Consumer Cyclical | 4.7% | $492,835,950 |
| Industrials | 3.8% | $400,542,384 |
| Basic Materials | 3.4% | $354,457,274 |
| Real Estate | 0.9% | $92,570,391 |
| Unclassified | 0.2% | $25,457,786 |
| Utilities | 0.2% | $19,055,069 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| T | At&T Inc. | +4,978,069 | 36,023,313 | $745,682,579 | |
| CCC | CCC Intelligent Solutions Holdings Inc. | +1,076,718 | 1,524,462 | $7,866,223 | |
| NFLX | Netflix Inc | +539,563 | 665,548 | $47,520,127 | |
| MDT | Medtronic plc | +494,653 | 2,511,730 | $196,492,637 | |
| FCX | Freeport-Mcmoran Inc | +468,594 | 3,304,828 | $207,840,632 | |
| SCHW | Schwab Charles Corp | +360,891 | 1,170,451 | $107,997,513 | |
| BKNG | Booking Holdings Inc. | +305,012 | 316,223 | $56,363,587 | |
| RF | Regions Financial Corp | +231,181 | 6,746,453 | $203,742,880 | |
| TTE | TotalEnergies SE | +167,222 | 11,828,205 | $919,761,220 | |
| MUFG | Mitsubishi Ufj Financial Group Inc | +152,176 | 1,229,407 | $24,452,905 | |
| EQH | Equitable Holdings, Inc. | +148,132 | 5,142,337 | $225,645,747 | |
| SHEL | Shell plc | +114,162 | 228,036 | $17,681,911 | |
| TBBB | Bbb Foods Inc | +103,327 | 273,003 | $11,376,035 | |
| XP | XP Inc. | +101,492 | 671,549 | $10,919,386 | |
| ADBE | Adobe Inc. | +96,292 | 269,807 | $55,315,831 | |
| IOT | Samsara Inc. | +92,577 | 128,450 | $4,165,633 | |
| ING | Ing Groep NV | +92,554 | 758,793 | $23,810,924 | |
| RPRX | Royalty Pharma plc | +91,713 | 123,122 | $6,903,450 | |
| SOBO | South Bow Corp | +88,457 | 3,721,332 | $131,139,739 | |
| AAPL | Apple Inc. | +82,014 | 83,343 | $24,116,130 | |
| SONY | Sony Group Corp | +79,884 | 749,018 | $15,025,301 | |
| CIGI | Colliers International Group Inc. | +79,187 | 203,021 | $19,041,339 | |
| IBN | Icici Bank Ltd | +75,853 | 269,353 | $7,819,317 | |
| SLRC | SLR Investment Corp. | +75,341 | 4,708,772 | $58,247,509 | |
| SLB | Slb Limited | +73,352 | 106,506 | $4,951,463 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| LYB | LyondellBasell Industries N.V. | −894,177 | 82,904 | $4,364,895 | |
| BZ | Kanzhun Ltd | −819,117 | 5,413,729 | $69,674,692 | |
| C | Citigroup Inc | −441,524 | 7,546,686 | $1,056,234,172 | |
| FTI | TechnipFMC plc | −305,336 | 27,838 | $1,845,659 | |
| PBR | Petrobras - Petroleo Brasileiro SA | −303,479 | 42,214 | $682,178 | |
| PFE | Pfizer Inc | −272,182 | 1,970,004 | $47,437,696 | |
| AVGO | Broadcom Inc. | −253,497 | 1,830,149 | $691,338,784 | |
| CSCO | Cisco Systems, Inc. | −198,371 | 2,715,962 | $319,016,896 | |
| CLBT | Cellebrite DI Ltd. | −192,891 | 618,857 | $9,035,312 | |
| MRX | Marex Group Ltd | −133,850 | 275,027 | $16,762,895 | |
| MMYT | MakeMyTrip Ltd | −117,503 | 185,032 | $9,860,355 | |
| ACWX | iShares MSCI ACWI ex U.S. ETF | −100,003 | 163,166 | $12,418,564 | |
| VRT | Vertiv Holdings Co | −94,855 | 20,161 | $6,750,306 | |
| SN | SharkNinja, Inc. | −84,609 | 85,212 | $12,975,231 | |
| ALC | Alcon Inc | −76,321 | 1,632,356 | $109,531,087 | |
| BLDR | Builders FirstSource, Inc. | −70,212 | 108,892 | $9,743,656 | |
| ITT | Itt Inc. | −61,914 | 16,044 | $3,172,861 | |
| HD | Home Depot, Inc. | −56,114 | 464,895 | $163,959,168 | |
| ANET | Arista Networks, Inc. | −52,446 | 115,902 | $19,689,431 | |
| CYTK | Cytokinetics Inc | −52,057 | 31,133 | $2,652,220 | |
| AMD | Advanced Micro Devices Inc | −38,143 | 84,425 | $49,043,326 | |
| NU | Nu Holdings Ltd. | −28,759 | 811,444 | $10,840,891 | |
| TDG | TransDigm Group INC | −27,237 | 2,425 | $3,230,197 | |
| FER | Ferrovial N.V. | −26,644 | 1,712,697 | $117,508,141 | |
| COHR | Coherent Corp. | −21,438 | 53,333 | $21,038,268 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| KMB | Kimberly Clark Corp | 5,760,888 | $632,372,675 | |
| IQV | Iqvia Holdings Inc. | 69,029 | $13,337,783 | |
| UBER | Uber Technologies, Inc | 157,007 | $11,329,625 | |
| LRCX | Lam Research Corp | 20,299 | $8,796,165 | |
| SGI | Somnigroup International Inc. | 81,948 | $6,424,723 | |
| RJF | Raymond James Financial Inc | 33,203 | $5,047,852 | |
| COCO | Vita Coco Company, Inc. | 48,173 | $3,186,162 | |
| WSE | Wise Group plc | 168,669 | $2,008,847 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VB | Vanguard Index Funds | 64,480 | $16,888,601 | |
| MTSI | MACOM Technology Solutions Holdings, Inc. | 74,613 | $16,569,308 | |
| CWST | Casella Waste Systems Inc | 203,167 | $16,119,269 | |
| DCO | Ducommun Inc | 130,431 | $15,912,582 | |
| AIT | Applied Industrial Technologies Inc | 56,414 | $14,967,762 | |
| XPO | XPO, Inc. | 62,018 | $12,065,601 | |
| PNFP | Pinnacle Financial Partners, Inc. | 139,204 | $11,991,032 | |
| WAL | Western Alliance Bancorporation | 158,357 | $11,219,593 | |
| CLH | Clean Harbors Inc | 37,762 | $10,827,498 | |
| MYRG | Myr Group Inc. | 37,351 | $10,544,934 | |
| DTM | DT Midstream, Inc. | 77,547 | $10,443,254 | |
| THC | Tenet Healthcare Corp | 52,134 | $9,838,207 | |
| AIZ | Assurant, Inc. | 44,316 | $9,652,467 | |
| AGYS | Agilysys Inc | 126,433 | $8,994,443 | |
| SXT | Sensient Technologies Corp | 101,425 | $8,767,177 | |
| P | Everpure, Inc. | 147,434 | $8,704,503 | |
| ACA | Arcosa, Inc. | 79,739 | $8,463,497 | |
| PJT | PJT Partners Inc. | 56,023 | $7,827,533 | |
| WH | Wyndham Hotels & Resorts, Inc. | 96,056 | $7,802,628 | |
| GPI | Group 1 Automotive Inc | 21,853 | $7,225,257 | |
| MTDR | Matador Resources Co | 113,175 | $7,150,396 | |
| BJ | BJ's Wholesale Club Holdings, Inc. | 52,579 | $5,174,825 | |
| CSTM | Constellium SE | 205,467 | $5,050,378 | |
| FROG | JFrog Ltd | 107,419 | $5,041,173 | |
| RMBS | Rambus Inc | 58,106 | $4,998,859 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| C |
Citigroup Inc
Financial Services
|
Reduced | 7,546,686 | $1,056,234,172 | 10.11% | |
| TTE |
TotalEnergies SE
Energy
|
Added | 11,828,205 | $919,761,220 | 8.81% | |
| T |
At&T Inc.
Communication Services
|
Added | 36,023,313 | $745,682,579 | 7.14% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 1,830,149 | $691,338,784 | 6.62% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
NEW | 5,760,888 | $632,372,675 | 6.05% | |
| AZN |
Astrazeneca PLC
Healthcare
|
Added | 2,891,426 | $548,272,198 | 5.25% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 3,787,976 | $486,754,916 | 4.66% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 764,867 | $365,277,533 | 3.50% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 2,715,962 | $319,016,896 | 3.05% | |
| TRP |
Tc Energy Corp
Energy
|
Added | 4,755,014 | $315,209,878 | 3.02% | |
| CME |
Cme Group Inc.
Financial Services
|
Reduced | 1,132,435 | $250,075,621 | 2.39% | |
| EQH |
Equitable Holdings, Inc.
Financial Services
|
Added | 5,142,337 | $225,645,747 | 2.16% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Added | 3,304,828 | $207,840,632 | 1.99% | |
| RF |
Regions Financial Corp
Financial Services
|
Added | 6,746,453 | $203,742,880 | 1.95% | |
| ENB |
Enbridge Inc
Energy
|
Added | 3,674,988 | $199,221,099 | 1.91% | |
| MDT |
Medtronic plc
Healthcare
|
Added | 2,511,730 | $196,492,637 | 1.88% | |
| CP |
Canadian Pacific Kansas City Ltd
Industrials
|
Reduced | 2,017,847 | $174,846,442 | 1.67% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 488,051 | $174,414,785 | 1.67% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 464,895 | $163,959,168 | 1.57% | |
| LIN |
Linde PLC
Basic Materials
|
Reduced | 270,794 | $140,525,838 | 1.35% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 541,146 | $136,173,979 | 1.30% | |
| SOBO |
South Bow Corp
Energy
|
Added | 3,721,332 | $131,139,739 | 1.26% | |
| FER |
Ferrovial N.V.
Industrials
|
Reduced | 1,712,697 | $117,508,141 | 1.12% | |
| ALC |
Alcon Inc
Healthcare
|
Reduced | 1,632,356 | $109,531,087 | 1.05% | |
| SCHW |
Schwab Charles Corp
Financial Services
|
Added | 1,170,451 | $107,997,513 | 1.03% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 79,682 | $95,572,989 | 0.91% | |
| CIM |
Chimera Investment Corp
Real Estate
|
Added | 5,511,923 | $73,529,052 | 0.70% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 130,466 | $73,490,193 | 0.70% | |
| BZ |
Kanzhun Ltd
Communication Services
|
Reduced | 5,413,729 | $69,674,692 | 0.67% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 123,446 | $63,401,865 | 0.61% | |
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
Added | 617,721 | $59,288,861 | 0.57% | |
| SLRC |
SLR Investment Corp.
Financial Services
|
Added | 4,708,772 | $58,247,509 | 0.56% | |
| BKNG |
Booking Holdings Inc.
Consumer Cyclical
|
Added | 316,223 | $56,363,587 | 0.54% | |
| ADBE |
Adobe Inc.
Technology
|
Added | 269,807 | $55,315,831 | 0.53% | |
| MELI |
Mercadolibre Inc
Consumer Cyclical
|
Reduced | 29,450 | $49,988,135 | 0.48% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 84,425 | $49,043,326 | 0.47% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 665,548 | $47,520,127 | 0.45% | |
| PFE |
Pfizer Inc
Healthcare
|
Reduced | 1,970,004 | $47,437,696 | 0.45% | |
| TJX |
Tjx Companies Inc
Consumer Cyclical
|
Added | 308,876 | $46,794,714 | 0.45% | |
| LHX |
L3harris Technologies, Inc.
Industrials
|
Added | 153,148 | $44,503,277 | 0.43% | |
| COF |
Capital One Financial Corp
Financial Services
|
Added | 199,843 | $40,092,502 | 0.38% | |
| CACI |
Caci International Inc
Technology
|
Added | 86,051 | $39,863,986 | 0.38% | |
| ASML |
Asml Holding NV
Technology
|
Reduced | 18,747 | $37,296,029 | 0.36% | |
| MU |
Micron Technology Inc
Technology
|
Added | 31,289 | $36,116,579 | 0.35% | |
| SE |
Sea Ltd
Consumer Cyclical
|
Reduced | 365,023 | $34,980,154 | 0.33% | |
| MFIC |
MidCap Financial Investment Corp
Financial Services
|
Held | 3,237,783 | $32,636,852 | 0.31% | |
| RACE |
Ferrari N.V.
Consumer Cyclical
|
Reduced | 79,745 | $29,688,266 | 0.28% | |
| SHOP |
Shopify Inc.
Technology
|
Added | 246,547 | $28,150,736 | 0.27% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 65,940 | $24,596,938 | 0.24% | |
| MUFG |
Mitsubishi Ufj Financial Group Inc
Financial Services
|
Added | 1,229,407 | $24,452,905 | 0.23% |
Showing the top 50 of 138 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.