THOMPSON INVESTMENT MANAGEMENT, INC.

Registered adviser

CIK

1277279

Location

MADISON, WI

Portfolio Value

Small $867,649,863

Diversification

Diversified

Filing Date

Global Rank

#2,756 / 8,823 ▼ 11 · as of Jun 2026

Top Industry

Internet Content & Information 7.4%

Period ended 34 days ago

Filed Oct 14, 2026 · 20d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 129609

Roster of Nov 1, 2026

Regulatory AUM

$3,084,417,000

Main clients

Registered funds and BDCs (70% of AUM)

Registered funds advised

3 series (0 index, 0 ETFs)

$1,940,574,977 net assets· N-CEN Nov 30, 2025

LEI

549300EWKPKJRTELHQ79

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$3,084,417,000	Registered funds and BDCs (70%)
Apr 2025 to Mar 2026	$2,659,813,000	Registered funds and BDCs (70%)
Apr 2024 to Mar 2025	$2,135,401,000	Registered funds and BDCs (68%)
May 2023 to Mar 2024	$2,425,678,000	Registered funds and BDCs (74%)
Apr 2023	$2,425,678,000	Registered funds and BDCs (74%)
Apr 2022 to Mar 2023	$3,371,912,000	Registered funds and BDCs (79%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 24.2%, 70.5 effective positions, active share 69.0% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

24.9% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.7 quarters (12+), a floor since 65.1% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 69.0%; sector active share 19.0% 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 backtest

Portfolio Concentration

442 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

5.3%

−0.3 pts

Top 5

16.9%

+1.4 pts

Top 10

25.8%

+1.5 pts

HHI

150

Diversified+8

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	24.5%	$212,318,461	50
Healthcare	16.7%	$144,699,469	41
Financial Services	15.2%	$131,493,908	66
Communication Services	8.8%	$76,131,173	14
Consumer Defensive	7.9%	$68,793,217	31
Industrials	7.3%	$62,984,140	54
Consumer Cyclical	5.7%	$49,124,437	29
Unclassified	4.9%	$42,808,228	97
Energy	4.2%	$36,679,319	14
Real Estate	2.2%	$18,662,764	16
Utilities	1.7%	$14,333,714	15
Basic Materials	1.1%	$9,621,033	15

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OI	O-I Glass, Inc.	+1,065,165	2,110,536	$11,924,528
FLG	Flagstar Bank, National Association	+197,581	722,904	$8,436,289
LKQ	Lkq Corp	+22,153	556,995	$12,716,195
CHWY	Chewy, Inc.	+19,985	579,851	$10,553,287
FISV	Fiserv Inc	+16,239	140,344	$6,340,741
QCOM	Qualcomm Inc	+12,386	91,403	$16,821,808
MAT	Mattel Inc	+6,300	36,530	$462,469
MWA	Mueller Water Products, Inc.	+6,140	19,145	$406,639
AGG	iShares Core U.S. Aggregate Bond ETF	+5,794	62,189	$5,879,348
GNL	Global Net Lease, Inc.	+4,816	82,208	$679,038
HAS	Hasbro, Inc.	+2,929	8,453	$741,159
COO	Cooper Companies, Inc.	+2,730	69,587	$3,933,753
NFLX	Netflix Inc	+2,355	90,321	$6,284,535
LNT	Alliant Energy Corp	+2,257	85,834	$5,433,292
PEP	Pepsico Inc	+2,028	89,193	$11,302,536
AOS	Smith A O Corp	+1,830	70,231	$3,958,921
MCHP	Microchip Technology Inc	+1,559	91,908	$7,147,685
GEHC	GE HealthCare Technologies Inc.	+1,502	93,037	$6,081,828
RRX	Regal Rexnord Corp	+1,407	25,672	$3,981,983
XEL	Xcel Energy Inc	+1,098	13,802	$972,764
NXPI	NXP Semiconductors N.V.	+866	45,176	$10,730,655
IJH	iShares Core S&P Mid-Cap ETF	+834	20,966	$1,508,503
FREL	Fidelity MSCI Real Estate Index ETF	+824	13,290	$361,222
APH	Amphenol Corp	+610	1,220	$102,846
NCLH	Norwegian Cruise Line Holdings Ltd.	+600	3,000	$43,980
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BMY	Bristol Myers Squibb Co	−97,481	8,240	$514,176
VTRS	Viatris Inc	−42,306	1,049,061	$18,589,360
AMN	Amn Healthcare Services Inc	−25,482	396,899	$14,236,767
—		−22,559	63,328	$1,960,001
TGT	Target Corp	−11,706	76,752	$12,026,270
CNXC	Concentrix Corp	−9,907	435,534	$10,866,573
ADBE	Adobe Inc.	−8,921	25,738	$6,175,575
NOMD	Nomad Foods Ltd	−7,675	452,305	$4,672,310
C	Citigroup Inc	−7,408	126,296	$16,352,805
NTRS	Northern Trust Corp	−6,676	8,236	$1,394,848
BAC	Bank Of America Corp	−6,617	226,422	$12,324,149
JNJ	Johnson & Johnson	−5,859	42,854	$11,345,167
CFG	Citizens Financial Group Inc	−5,705	112,689	$7,185,050
OKTA	Okta, Inc.	−5,425	2,357	$492,872
MRK	Merck & Co., Inc.	−5,019	19,451	$2,826,424
ARE	Alexandria Real Estate Equities, Inc.	−4,805	207,626	$9,853,929
PYPL	PayPal Holdings, Inc.	−4,747	242,037	$12,714,203
KRNT	Kornit Digital Ltd.	−4,151	902,854	$15,005,432
SCHE	Schwab Emerging Markets Equity ETF	−4,144	56,403	$2,055,889
CSCO	Cisco Systems, Inc.	−3,915	124,424	$13,391,755
SCHW	Schwab Charles Corp	−3,782	112,037	$10,950,496
FDXF	FedEx Freight Holding Company, Inc.	−3,554	5,825	$637,138
CRM	Salesforce, Inc.	−3,341	32,290	$7,412,815
CVS	CVS HEALTH Corp	−3,336	122,700	$10,514,163
STT	State Street Corp	−3,046	51,306	$8,957,514
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
ADSK	Autodesk, Inc.	30,173	$6,306,157
DSP	Viant Technology Inc.	56,000	$689,360
MU	Micron Technology Inc	126	$134,203
QXO	QXO, Inc.	6,060	$70,841
BRSL	Brightstar Lottery PLC	5,600	$55,944
MP	MP Materials Corp.	1,000	$47,290
Z	Zillow Group, Inc.	1,600	$43,408
OKLO	Oklo Inc.	690	$25,543
NNE	Nano Nuclear Energy Inc.	1,580	$25,043
NUKZ	Range Nuclear Renaissance Index ETF	404	$24,332
XE	X-Energy, Inc.	1,676	$23,765
OLLI	Ollie's Bargain Outlet Holdings, Inc.	125	$10,706
LAND	GLADSTONE LAND Corp	1,100	$10,406
ADIG	Adi Global Distribution Inc.	349	$6,254
PSKY	Skydance Corp	2,602	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
MTD	Mettler Toledo International Inc	225	$287,439
—		2,714	$117,923
TRV	Travelers Companies, Inc.	350	$115,542
—		300	$106,359
—		408	$83,656
DHI	Horton D R Inc	500	$81,440
DELL	Dell Technologies Inc.	169	$72,916
UGI	Ugi Corp	2,000	$69,080
WM	Waste Management Inc	300	$66,864
TEM	Tempus AI, Inc.	1,000	$57,930
UWMC	UWM Holdings Corp	25,000	$57,250
—		3,046	$51,782
GM	General Motors Co	644	$49,639
SMCI	Super Micro Computer, Inc.	1,000	$29,330
SKYD	Skydance Corp	2,602	$25,656
MET	Metlife Inc	300	$25,383
ALK	Alaska Air Group, Inc.	400	$20,880
WMB	Williams Companies, Inc.	200	$14,868
IFN	Aberdeen India Fund, Inc.	1,080	$12,690
APLE	Apple Hospitality REIT, Inc.	500	$8,405
ARI	Apollo Commercial Real Estate Finance, Inc.	500	$5,340
VRSK	Verisk Analytics, Inc.	9	$1,615
HOG	Harley-Davidson, Inc.	33	$807
HST	Host Hotels & Resorts, Inc.	13	$308
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

442 tracked positions · $867,649,863 total · filing declares 504 positions · $872,574,636 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 442 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	131,758	-998	$45,335,292	−4.4%	5.23%
MSFT	Microsoft Corp Technology	Reduced	76,271	-967	$39,119,395	+35.8%	4.51%
XOM	ExxonMobil Holdings Corp Energy	Reduced	150,041	-623	$24,419,172	+18.5%	2.81%
VTRS	Viatris Inc Healthcare	Reduced	1,049,061	-42,306	$18,589,360	+7.3%	2.14%
QCOM	Qualcomm Inc Technology	Added	91,403	+12,386	$16,821,808	+15.2%	1.94%
C	Citigroup Inc Financial Services	Reduced	126,296	-7,408	$16,352,805	−12.6%	1.88%
META	Meta Platforms, Inc. Communication Services	Added	20,782	+278	$15,070,690	+30.5%	1.74%
KRNT	Kornit Digital Ltd. Industrials	Reduced	902,854	-4,151	$15,005,432	+1.8%	1.73%
AMN	Amn Healthcare Services Inc Healthcare	Reduced	396,899	-25,482	$14,236,767	+4.1%	1.64%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	41,586	-689	$13,757,896	−0.6%	1.59%
AAPL	Apple Inc. Technology	Reduced	40,378	-2,244	$13,446,681	+9.0%	1.55%
CSCO	Cisco Systems, Inc. Technology	Reduced	124,424	-3,915	$13,391,755	−11.2%	1.54%
PFE	Pfizer Inc Healthcare	Reduced	468,712	-575	$13,367,666	+18.3%	1.54%
LKQ	Lkq Corp Consumer Cyclical	Added	556,995	+22,153	$12,716,195	−9.7%	1.47%
PYPL	PayPal Holdings, Inc. Financial Services	Reduced	242,037	-4,747	$12,714,203	+19.3%	1.47%
BAC	Bank Of America Corp Financial Services	Reduced	226,422	-6,617	$12,324,149	−7.2%	1.42%
TGT	Target Corp Consumer Defensive	Reduced	76,752	-11,706	$12,026,270	+4.1%	1.39%
OI	O-I Glass, Inc. Consumer Cyclical	Added	2,110,536	+1,065,165	$11,924,528	+18.5%	1.37%
UNH	Unitedhealth Group Inc Healthcare	Reduced	32,434	-1,208	$11,905,872	−14.9%	1.37%
JNJ	Johnson & Johnson Healthcare	Reduced	42,854	-5,859	$11,345,167	−8.3%	1.31%
PEP	Pepsico Inc Consumer Defensive	Added	89,193	+2,028	$11,302,536	−4.2%	1.30%
SCHW	Schwab Charles Corp Financial Services	Reduced	112,037	-3,782	$10,950,496	+2.5%	1.26%
WDAY	Workday, Inc. Technology	Reduced	57,213	-491	$10,896,787	+54.3%	1.26%
CNXC	Concentrix Corp Technology	Reduced	435,534	-9,907	$10,866,573	+8.9%	1.25%
NXPI	NXP Semiconductors N.V. Technology	Added	45,176	+866	$10,730,655	−13.8%	1.24%
CHWY	Chewy, Inc. Consumer Cyclical	Added	579,851	+19,985	$10,553,287	−4.1%	1.22%
CVS	CVS HEALTH Corp Healthcare	Reduced	122,700	-3,336	$10,514,163	−19.4%	1.21%
EBAY	Ebay Inc Consumer Cyclical	Reduced	95,598	-1,567	$10,138,167	−6.6%	1.17%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Reduced	207,626	-4,805	$9,853,929	−12.2%	1.14%
V	Visa Inc. Financial Services	Reduced	26,961	-81	$9,687,896	+4.4%	1.12%
PFGC	Performance Food Group Co Consumer Defensive	Reduced	103,584	-574	$9,478,971	−18.6%	1.09%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	64,389	-390	$9,354,433	−1.5%	1.08%
ABBV	AbbVie Inc. Healthcare	Reduced	34,501	-235	$9,025,116	+3.3%	1.04%
STT	State Street Corp Financial Services	Reduced	51,306	-3,046	$8,957,514	−2.8%	1.03%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	123,564	-1,846	$8,649,480	+9.7%	1.00%
INTU	Intuit Inc. Technology	Added	30,774	+267	$8,484,699	+6.6%	0.98%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	55,554	-353	$8,445,874	+22.7%	0.97%
FLG	Flagstar Bank, National Association Financial Services	Added	722,904	+197,581	$8,436,289	+7.5%	0.97%
CVX	Chevron Corp Energy	Added	38,658	+42	$7,894,350	+23.3%	0.91%
KEYS	Keysight Technologies, Inc. Technology	Reduced	21,465	-188	$7,814,118	+3.1%	0.90%
GE	General Electric Co Industrials	Held	24,878	0	$7,769,150	−16.4%	0.90%
IQV	Iqvia Holdings Inc. Healthcare	Reduced	28,793	-228	$7,740,998	+38.0%	0.89%
COHR	Coherent Corp. Technology	Reduced	26,554	-621	$7,642,506	−28.7%	0.88%
AMGN	Amgen Inc Healthcare	Reduced	17,830	-172	$7,515,523	+15.3%	0.87%
SJM	J M SMUCKER Co Consumer Defensive	Reduced	62,978	-537	$7,488,713	+4.8%	0.86%
CRM	Salesforce, Inc. Technology	Reduced	32,290	-3,341	$7,412,815	+32.8%	0.85%
PNC	Pnc Financial Services Group, Inc. Financial Services	Reduced	32,984	-106	$7,331,023	−10.0%	0.84%
CI	Cigna Group Healthcare	Added	26,855	+75	$7,299,994	−1.1%	0.84%
CFG	Citizens Financial Group Inc Financial Services	Reduced	112,689	-5,705	$7,185,050	−13.4%	0.83%
MCHP	Microchip Technology Inc Technology	Added	91,908	+1,559	$7,147,685	−13.3%	0.82%

Showing the top 50 of 442 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.