THOMPSON INVESTMENT MANAGEMENT, INC.

CIK

1277279

Location

MADISON, WI

Portfolio Value

Micro $64,281,282

Diversification

Diversified

Filing Date

Global Rank

#2,114 / 8,586 ▲ 1

Top Industry

Internet Content & Information 7.2%

3Y Alpha vs SPY

+0.3%

Period ended 3 months ago

Filed Apr 8, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+79.3%

SPY

+78.1%

Annualised alpha

+0.3%

Max drawdown

−19.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

341 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.6%

−0.4 pts

Top 5

17.0%

−2.3 pts

Top 10

25.9%

−2.8 pts

HHI

154

Diversified−16

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	21.8%	$160,119,787	48
Healthcare	17.0%	$124,796,145	42
Financial Services	16.6%	$121,891,203	55
Communication Services	10.3%	$76,046,359	12
Consumer Defensive	8.7%	$64,281,282	30
Industrials	8.3%	$60,952,052	51
Consumer Cyclical	5.6%	$41,156,300	35
Energy	5.2%	$38,156,526	14
Real Estate	2.4%	$17,444,421	18
Utilities	2.2%	$15,874,251	12
Basic Materials	1.1%	$8,235,052	15
Unclassified	0.9%	$6,643,923	9

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CHWY	Chewy, Inc.	+231,454	265,962	$7,180,974
NOMD	Nomad Foods Ltd	+111,782	422,913	$4,064,193
CNXC	Concentrix Corp	+98,432	314,586	$8,607,072
OI	O-I Glass, Inc. /DE/	+58,214	763,572	$8,025,141
PYPL	PayPal Holdings, Inc.	+47,797	229,741	$10,391,185
DIS	Walt Disney Co	+35,922	58,817	$5,668,782
PG	PROCTER & GAMBLE Co	+26,410	63,746	$9,207,472
FISV	Fiserv Inc	+25,106	112,581	$6,282,019
KRNT	Kornit Digital Ltd.	+23,469	900,446	$13,200,537
FLG	Flagstar Bank, National Association	+20,782	521,937	$6,873,910
LKQ	Lkq Corp	+20,487	394,786	$11,594,864
MAT	Mattel Inc /De/	+16,050	28,230	$410,181
AMN	Amn Healthcare Services Inc	+13,907	457,020	$8,381,746
NFLX	Netflix Inc	+13,200	13,220	$1,271,103
QCOM	Qualcomm Inc/De	+12,988	95,065	$12,242,470
GPN	Global Payments Inc	+11,309	54,692	$3,680,771
SSNC	SS&C Technologies Holdings Inc	+8,815	57,476	$3,883,653
GEHC	GE HealthCare Technologies Inc.	+8,811	59,798	$4,256,421
ARE	Alexandria Real Estate Equities, Inc.	+8,542	180,636	$8,385,123
CRM	Salesforce, Inc.	+8,182	30,524	$5,697,915
ADBE	Adobe Inc.	+8,070	27,910	$6,784,362
UNH	Unitedhealth Group Inc	+6,950	42,295	$11,444,604
SCHW	Schwab Charles Corp	+6,756	102,917	$9,672,139
KMB	Kimberly Clark Corp	+6,449	59,220	$5,712,953
PFGC	Performance Food Group Co	+6,339	103,619	$8,876,003
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
WBD	Warner Bros. Discovery, Inc.	−556,226	582,920	$16,006,983
VIAV	Viavi Solutions Inc.	−152,779	219,851	$7,316,641
SEE	SEALED AIR CORP/DE	−70,805	2,704	$113,703
GLW	Corning Inc /Ny	−48,804	6,476	$880,541
EA	Electronic Arts Inc.	−42,140	1,231	$250,963
KEYS	Keysight Technologies, Inc.	−20,487	24,438	$6,900,558
LITE	Lumentum Holdings Inc.	−14,245	6,575	$4,620,647
COHR	Coherent Corp.	−11,292	37,962	$9,042,928
VTRS	Viatris Inc	−7,318	1,105,192	$14,931,143
FCX	Freeport-Mcmoran Inc	−5,793	125,683	$7,387,646
XOM	Exxon Mobil Corp	−4,083	150,571	$25,545,875
GOOGL	Alphabet Inc.	−3,376	143,293	$41,205,335
CSCO	Cisco Systems, Inc.	−3,234	148,239	$11,501,864
C	Citigroup Inc	−3,176	140,138	$15,893,049
BBD	Bank Bradesco	−2,552	642	$2,343
PSKY	Paramount Skydance Corp	−1,982	2,602	$23,470
TSN	Tyson Foods, Inc.	−1,815	1,164	$74,577
ADI	Analog Devices Inc	−1,475	13,222	$4,206,447
AAPL	Apple Inc.	−1,053	43,163	$10,954,337
HAS	Hasbro, Inc.	−1,046	5,055	$473,148
GNRC	Generac Holdings Inc.	−867	2,820	$550,830
CVX	Chevron Corp	−837	38,428	$7,950,753
SBUX	Starbucks Corp	−714	598	$53,574
EBAY	Ebay Inc	−708	117,746	$10,717,240
STT	State Street Corp	−659	58,846	$7,447,549
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
INTU	Intuit Inc.	16,602	$7,178,372
HQY	Healthequity, Inc.	63,981	$5,346,892
SPGI	S&P Global Inc.	2,500	$1,063,350
GTBIF	Green Thumb Industries Inc.	95,660	$610,310
AZN	Astrazeneca PLC	313	$61,729
AJG	Arthur J. Gallagher & Co.	243	$52,628
TEM	Tempus AI, Inc.	985	$44,541
CPNG	Coupang, Inc.	575	$10,856
QQQ	Invesco Qqq Trust, Series 1	10	$5,771
WHR	Whirlpool Corp /De/	100	$5,392
AMCR	Amcor plc	21	$834
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
EXAS	EXACT SCIENCES CORP	175,742	$17,848,356
FIG	Figma, Inc.	1,523	$56,914
LMT	Lockheed Martin Corp	83	$40,144
BHC	Bausch Health Companies Inc.	5,025	$34,923
GPC	Genuine Parts Co	225	$27,666
MNKD	Mannkind Corp	2,462	$13,959
ZTS	Zoetis Inc.	71	$8,933
MA	Mastercard Inc	13	$7,421
CHSCP	Chs Inc	190	$5,263
PPL	PPL Corp	105	$3,677
SHW	Sherwin Williams Co	11	$3,564
NUE	Nucor Corp	21	$3,425
APD	Air Products & Chemicals, Inc.	13	$3,211
WTRG	Essential Utilities, Inc.	81	$3,107
KIM	Kimco Realty Corp	150	$3,040
ADM	Archer-Daniels-Midland Co	50	$2,874
NKE	NIKE, Inc.	44	$2,803
EVRG	Evergy, Inc.	38	$2,754
EW	Edwards Lifesciences Corp	30	$2,557
AES	Aes Corp	177	$2,538
PNW	Pinnacle West Capital Corp	28	$2,483
TMUS	T-Mobile US, Inc.	12	$2,436
COP	Conocophillips	26	$2,433
ORA	Ormat Technologies, Inc.	22	$2,430
CMCSA	Comcast Corp	78	$2,185
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

30 positions · $64,281,282 total · Consumer Defensive only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PEP	Pepsico Inc Consumer Defensive	Reduced	77,978	-194	$12,109,203	+7.9%	18.84%
TGT	Target Corp Consumer Defensive	Added	88,778	+531	$10,759,893	+24.7%	16.74%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	63,746	+26,410	$9,207,472	+72.1%	14.32%
PFGC	Performance Food Group Co Consumer Defensive	Added	103,619	+6,339	$8,876,003	+1.5%	13.81%
KMB	Kimberly Clark Corp Consumer Defensive	Added	59,220	+6,449	$5,712,953	+7.3%	8.89%
SJM	J M SMUCKER Co Consumer Defensive	Added	58,600	+4,866	$5,651,384	+7.5%	8.79%
NOMD	Nomad Foods Ltd Consumer Defensive	Added	422,913	+111,782	$4,064,193	+4.4%	6.32%
CLX	Clorox Co /De/ Consumer Defensive	Added	27,091	+777	$2,807,440	+5.8%	4.37%
KO	Coca Cola Co Consumer Defensive	Reduced	34,217	-626	$2,602,202	+6.8%	4.05%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	648	0	$645,686	+15.5%	1.00%
SYY	Sysco Corp Consumer Defensive	Added	7,265	+3,305	$518,212	+77.6%	0.81%
PM	Philip Morris International Inc. Consumer Defensive	Held	1,867	0	$308,689	+3.1%	0.48%
CL	Colgate Palmolive Co Consumer Defensive	Held	2,800	0	$238,644	+7.9%	0.37%
MO	Altria Group, Inc. Consumer Defensive	Reduced	3,148	-100	$207,736	+10.9%	0.32%
WMT	Walmart Inc. Consumer Defensive	Held	1,101	0	$136,832	+11.6%	0.21%
CHD	Church & Dwight Co Inc /De/ Consumer Defensive	Held	839	0	$78,295	+11.3%	0.12%
TSN	Tyson Foods, Inc. Consumer Defensive	Reduced	1,164	-1,815	$74,577	−57.3%	0.12%
UL	Unilever PLC Consumer Defensive	Added	1,135	+259	$64,660	+12.9%	0.10%
KHC	Kraft Heinz Co Consumer Defensive	Held	2,189	0	$49,230	−7.3%	0.08%
GIS	General Mills Inc Consumer Defensive	Held	1,073	0	$39,937	−20.0%	0.06%
KR	Kroger Co Consumer Defensive	Held	530	0	$38,350	+15.8%	0.06%
HSY	Hershey Co Consumer Defensive	Reduced	100	-75	$20,789	−34.7%	0.03%
MDLZ	Mondelez International, Inc. Consumer Defensive	Held	300	0	$17,292	+7.1%	0.03%
CAG	Conagra Brands Inc. Consumer Defensive	Held	1,000	0	$15,720	−9.2%	0.02%
DEO	Diageo PLC Consumer Defensive	Held	200	0	$14,890	−13.7%	0.02%
KVUE	Kenvue Inc. Consumer Defensive	Held	500	0	$8,620	−0.1%	0.01%
DLTR	Dollar Tree, Inc. Consumer Defensive	Reduced	74	-40	$8,103	−42.2%	0.01%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	Reduced	132	-65	$1,973	−36.8%	0.00%
TAP	Molson Coors Beverage Co Consumer Defensive	Held	36	0	$1,550	−7.7%	0.00%
NWL	Newell Brands Inc. Consumer Defensive	Reduced	220	-100	$754	−36.6%	0.00%