THORNBURG INVESTMENT MANAGEMENT INC
13F Reported Value
ⓘ$10.5B
Holdings
139
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
THORNBURG INVESTMENT MANAGEMENT INC disclosed 139 positions worth $10.5B in its Form 13F-HR for Q2 2026, led by $C (CITIGROUP INC) at 10.1% of the equity portfolio, followed by $TTE and $T. During the quarter the fund opened 8 new positions and exited 40 — including a new stake in $KMB. The portfolio is most concentrated in Technology (20.8% of disclosed assets). All figures are sourced directly from THORNBURG INVESTMENT MANAGEMENT INC’s Form 13F-HR filing with the SEC under CIK 1145020.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 65.0#507
Quality
$1.1B7,546,686 sh - 50.6#1,442
Quality
$919.0M11,828,205 sh - 65.7#462
Quality
$745.7M36,023,313 sh - 84.5
Quality
$691.3M1,830,149 sh - 58.7
Quality
$632.4M5,760,888 sh - —
Quality
$540.6M2,891,426 sh - 59.9
Quality
$486.8M3,787,976 sh - $365.3M764,867 sh
- 70.3
Quality
$319.0M2,715,962 sh - —
Quality
$314.6M4,755,014 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 CITIGROUP INC$C | 65.0#507 | $1.1B | 7,546,686 |
 TotalEnergies SE$TTE | 50.6#1,442 | $919.0M | 11,828,205 |
 AT&T INC.$T | 65.7#462 | $745.7M | 36,023,313 |
 Broadcom Inc.$AVGO | 84.5 | $691.3M | 1,830,149 |
 KIMBERLY CLARK CORP$KMB | 58.7 | $632.4M | 5,760,888 |
 ASTRAZENECA PLC$AZN | — | $540.6M | 2,891,426 |
 Merck & Co., Inc.$MRK | 59.9 | $486.8M | 3,787,976 |
 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$TSM | — | $365.3M | 764,867 |
 CISCO SYSTEMS, INC.$CSCO | 70.3 | $319.0M | 2,715,962 |
 TC ENERGY CORP$TRP | — | $314.6M | 4,755,014 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of THORNBURG INVESTMENT MANAGEMENT INC's 139 positions.
Showing top 10 of 139 holdings.
Sector Allocation
Technology
$2.2B
Financials
$2.1B
Healthcare
$1.7B
Energy
$1.6B
Materials
$987.8M
Communication Services
$813.8M
Industrials
$513.0M
Consumer Discretionary
$364.1M
Full Holdings — THORNBURG INVESTMENT MANAGEMENT INC (Q2 2026)
All 139 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $C | CITIGROUP INC | $1.1B | 10.1% | -6% | 65 |
| 2 | $TTE | TotalEnergies SE | $919.0M | 8.8% | +1% | 50.6 |
| 3 | $T | AT&T INC. | $745.7M | 7.1% | +16% | 65.7 |
| 4 | $AVGO | Broadcom Inc. | $691.3M | 6.6% | -12% | 84.5 |
| 5 | $KMB | KIMBERLY CLARK CORP | $632.4M | 6.0% | NEW | 58.7 |
| 6 | $AZN | ASTRAZENECA PLC | $540.6M | 5.2% | +1% | — |
| 7 | $MRK | Merck & Co., Inc. | $486.8M | 4.7% | +2% | 59.9 |
| 8 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $365.3M | 3.5% | +9% | — |
| 9 | $CSCO | CISCO SYSTEMS, INC. | $319.0M | 3.0% | -7% | 70.3 |
| 10 | $TRP | TC ENERGY CORP | $314.6M | 3.0% | +1% | — |
| 11 |  $CME | CME GROUP INC. | $250.1M | 2.4% | -1% | 69.5 |
| 12 |  $EQH | Equitable Holdings, Inc. | $225.6M | 2.2% | +3% | 39.5 |
| 13 |  $FCX | FREEPORT-MCMORAN INC | $207.8M | 2.0% | +17% | 62 |
| 14 |  $RF | REGIONS FINANCIAL CORP | $203.7M | 1.9% | +4% | 61.5 |
| 15 |  $ENB | ENBRIDGE INC | $199.1M | 1.9% | +1% | 66.7 |
| 16 |  $MDT | Medtronic plc | $196.5M | 1.9% | +25% | 68.7 |
| 17 |  $CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | $174.8M | 1.7% | -1% | 69.7 |
| 18 |  $GOOG | Alphabet Inc. | $174.4M | 1.7% | +15% | 78.2 |
| 19 |  $HD | HOME DEPOT, INC. | $164.0M | 1.6% | -11% | 60.3 |
| 20 |  $LIN | LINDE PLC | $140.7M | 1.4% | -1% | — |
| 21 |  $ABBV | AbbVie Inc. | $136.2M | 1.3% | +8% | 72.6 |
| 22 |  $SOBO | South Bow Corp | $131.0M | 1.3% | +2% | — |
| 23 |  $FER | Ferrovial N.V. | $117.3M | 1.1% | -2% | — |
| 24 |  $ALC | ALCON INC | $109.7M | 1.1% | -4% | 54.9 |
| 25 |  $SCHW | SCHWAB CHARLES CORP | $108.0M | 1.0% | +45% | 79.4 |
| 26 |  $LLY | ELI LILLY & Co | $95.6M | 0.9% | +32% | 87.5 |
| 27 |  $CIM | CHIMERA INVESTMENT CORP | $73.5M | 0.7% | +1% | — |
| 28 |  $META | Meta Platforms, Inc. | $73.5M | 0.7% | +3% | 79.6 |
| 29 |  $BZ | Kanzhun Ltd | $69.7M | 0.7% | -13% | — |
| 30 |  $MA | Mastercard Inc | $63.4M | 0.6% | +26% | 85.1 |
| 31 |  $BABA | Alibaba Group Holding Ltd | $59.3M | 0.6% | +1% | — |
| 32 |  $SLRC | SLR Investment Corp. | $58.2M | 0.6% | +2% | — |
| 33 |  $BKNG | Booking Holdings Inc. | $56.4M | 0.5% | +2721% | 58.5 |
| 34 |  $ADBE | ADOBE INC. | $55.3M | 0.5% | +55% | 77.6 |
| 35 |  $MELI | MERCADOLIBRE INC | $50.0M | 0.5% | -5% | 80.2 |
| 36 |  $AMD | ADVANCED MICRO DEVICES INC | $49.0M | 0.5% | -31% | 79.8 |
| 37 |  $NFLX | NETFLIX INC | $47.5M | 0.5% | +428% | 78.8 |
| 38 |  $PFE | PFIZER INC | $47.4M | 0.5% | -12% | 62 |
| 39 |  $TJX | TJX COMPANIES INC /DE/ | $46.8M | 0.5% | +17% | 68.7 |
| 40 |  $LHX | L3HARRIS TECHNOLOGIES, INC. /DE/ | $44.5M | 0.4% | +21% | 64.4 |
| 41 |  $COF | CAPITAL ONE FINANCIAL CORP | $40.1M | 0.4% | +43% | 62.4 |
| 42 |  $CACI | CACI INTERNATIONAL INC /DE/ | $39.9M | 0.4% | +2% | 65 |
| 43 |  $ASML | ASML HOLDING NV | $37.3M | 0.4% | -4% | — |
| 44 |  $MU | MICRON TECHNOLOGY INC | $36.1M | 0.3% | +27% | 86.2 |
| 45 |  $SE | Sea Ltd | $35.0M | 0.3% | -1% | — |
| 46 |  $MFIC | MidCap Financial Investment Corp | $32.6M | 0.3% | +0% | — |
| 47 |  $RACE | Ferrari N.V. | $29.7M | 0.3% | -17% | — |
| 48 |  $SHOP | SHOPIFY INC. | $28.2M | 0.3% | +6% | 64.9 |
| 49 |  $MSFT | MICROSOFT CORP | $24.6M | 0.2% | +140% | 79.8 |
| 50 |  $MUFG | MITSUBISHI UFJ FINANCIAL GROUP INC | $24.5M | 0.2% | +14% | — |
| 51 |  $AAPL | Apple Inc. | $24.1M | 0.2% | +6171% | 76.4 |
| 52 |  $ING | ING GROEP NV | $23.8M | 0.2% | +14% | — |
| 53 |  $COHR | COHERENT CORP. | $21.0M | 0.2% | -29% | 58.5 |
| 54 |  $ANET | Arista Networks, Inc. | $19.7M | 0.2% | -31% | 81.9 |
| 55 |  $TLN | Talen Energy Corp | $19.1M | 0.2% | +22% | 57.2 |
| 56 |  $CIGI | Colliers International Group Inc. | $19.0M | 0.2% | +64% | — |
| 57 |  $SAP | SAP SE | $18.3M | 0.2% | +17% | — |
| 58 |  $AER | AerCap Holdings N.V. | $17.8M | 0.2% | +6% | — |
| 59 |  $SHEL | Shell plc | $17.7M | 0.2% | +100% | — |
| 60 |  $CCZ | COMCAST CORP | $17.7M | 0.2% | +0% | 59.5 |
| 61 |  $MRX | Marex Group Ltd | $16.8M | 0.2% | -33% | — |
| 62 |  $LPLA | LPL Financial Holdings Inc. | $15.5M | 0.1% | +49% | 72.1 |
| 63 |  $SONY | Sony Group Corp | $15.0M | 0.1% | +12% | — |
| 64 |  $BAP | CREDICORP LTD | $13.6M | 0.1% | -14% | — |
| 65 |  $IQV | IQVIA HOLDINGS INC. | $13.3M | 0.1% | NEW | 61.4 |
| 66 |  $CRDO | Credo Technology Group Holding Ltd | $13.0M | 0.1% | -3% | 55.1 |
| 67 |  $SN | SharkNinja, Inc. | $13.0M | 0.1% | -50% | 66.8 |
| 68 | — | ISHARES TR - MSCI EAFE ETF | $12.7M | 0.1% | -5% | — |
| 69 | — | ISHARES TR - MSCI ACWI EX US | $12.4M | 0.1% | -38% | — |
| 70 |  $PGR | PROGRESSIVE CORP/OH/ | $11.9M | 0.1% | +858% | 80.1 |
| 71 |  $TBBB | BBB FOODS INC | $11.4M | 0.1% | +61% | — |
| 72 |  $UBER | Uber Technologies, Inc | $11.3M | 0.1% | NEW | 73.5 |
| 73 |  $XP | XP Inc. | $10.9M | 0.1% | +18% | — |
| 74 |  $NU | Nu Holdings Ltd. | $10.8M | 0.1% | -3% | — |
| 75 |  $TRU | TransUnion | $10.0M | 0.1% | -9% | 65.6 |
| 76 |  $MMYT | MakeMyTrip Ltd | $9.9M | 0.1% | -39% | — |
| 77 |  $BLDR | Builders FirstSource, Inc. | $9.7M | 0.1% | -39% | 45.9 |
| 78 |  $CLBT | Cellebrite DI Ltd. | $9.0M | 0.1% | -24% | — |
| 79 |  $LRCX | LAM RESEARCH CORP | $8.8M | 0.1% | NEW | 79.4 |
| 80 |  $VSXY | Victoria's Secret & Co. | $8.1M | 0.1% | +203% | 65.6 |
| 81 |  $CCC | CCC Intelligent Solutions Holdings Inc. | $7.9M | 0.1% | +240% | 58.4 |
| 82 |  $AGX | ARGAN INC | $7.9M | 0.1% | -60% | 81.4 |
| 83 |  $IBN | ICICI BANK LTD | $7.8M | 0.1% | +39% | — |
| 84 |  $SITM | SITIME Corp | $7.0M | 0.1% | -56% | 66.1 |
| 85 |  $RPRX | Royalty Pharma plc | $6.9M | 0.1% | +292% | — |
| 86 |  $VRT | Vertiv Holdings Co | $6.8M | 0.1% | -82% | 81 |
| 87 |  $SGI | SOMNIGROUP INTERNATIONAL INC. | $6.4M | 0.1% | NEW | 71.6 |
| 88 |  $DDOG | Datadog, Inc. | $6.2M | 0.1% | +412% | 71.4 |
| 89 |  $HEI.A | HEICO CORP | $6.2M | 0.1% | +338% | 75.6 |
| 90 |  $RGEN | REPLIGEN CORP | $6.0M | 0.1% | +49% | 58.4 |
| 91 |  $RDDT | Reddit, Inc. | $5.9M | 0.1% | +306% | 79.8 |
| 92 |  $DECK | DECKERS OUTDOOR CORP | $5.9M | 0.1% | +18% | 70 |
| 93 |  $SPGI | S&P Global Inc. | $5.7M | 0.1% | +154% | 76.1 |
| 94 |  $DEO | DIAGEO PLC | $5.3M | 0.1% | +50% | — |
| 95 |  $SARO | StandardAero, Inc. | $5.2M | 0.1% | +5% | 59.5 |
| 96 |  $RJF | RAYMOND JAMES FINANCIAL INC | $5.0M | 0.1% | NEW | 66.3 |
| 97 |  $SLB | SLB LIMITED/NV | $5.0M | 0.1% | +221% | 57.9 |
| 98 |  $TPR | TAPESTRY, INC. | $4.4M | 0.0% | +387% | 72.7 |
| 99 |  $LYB | LyondellBasell Industries N.V. | $4.4M | 0.0% | -92% | — |
| 100 |  $IOT | Samsara Inc. | $4.2M | 0.0% | +258% | 68.6 |
| 101 |  $AAMI | Acadian Asset Management Inc. | $4.0M | 0.0% | +101% | 72.1 |
| 102 |  $OTEX | OPEN TEXT CORP | $3.8M | 0.0% | +0% | 51.8 |
| 103 |  $RBRK | Rubrik, Inc. | $3.4M | 0.0% | +249% | 56.6 |
| 104 |  $TDG | TransDigm Group INC | $3.2M | 0.0% | -92% | 68 |
| 105 |  $COCO | Vita Coco Company, Inc. | $3.2M | 0.0% | NEW | 63.1 |
| 106 |  $ITT | ITT INC. | $3.2M | 0.0% | -79% | 63 |
| 107 |  $NOW | ServiceNow, Inc. | $3.0M | 0.0% | +0% | 72.9 |
| 108 |  $CDNS | CADENCE DESIGN SYSTEMS INC | $2.8M | 0.0% | +258% | 72.6 |
| 109 |  $TMUS | T-Mobile US, Inc. | $2.7M | 0.0% | +490% | 69.1 |
| 110 |  $CYTK | CYTOKINETICS INC | $2.7M | 0.0% | -63% | 28.1 |
| 111 |  $GWRE | Guidewire Software, Inc. | $2.5M | 0.0% | +251% | 67.3 |
| 112 |  $AMZN | AMAZON COM INC | $2.5M | 0.0% | -56% | 68.7 |
| 113 |  $BMRN | BIOMARIN PHARMACEUTICAL INC | $2.5M | 0.0% | +306% | 58.2 |
| 114 |  $SAIA | SAIA INC | $2.5M | 0.0% | -43% | 58.2 |
| 115 |  $TW | Tradeweb Markets Inc. | $2.4M | 0.0% | -24% | 76.9 |
| 116 |  $BMY | BRISTOL MYERS SQUIBB CO | $2.2M | 0.0% | +0% | 70.4 |
| 117 |  $LITE | Lumentum Holdings Inc. | $2.2M | 0.0% | +222% | 44.3 |
| 118 |  $WSE | Wise Group plc | $2.0M | 0.0% | NEW | — |
| 119 |  $INSM | INSMED Inc | $2.0M | 0.0% | -52% | 39.4 |
| 120 |  $NVDA | NVIDIA CORP | $1.9M | 0.0% | -8% | 85.9 |
| 121 |  $FTI | TechnipFMC plc | $1.8M | 0.0% | -92% | — |
| 122 |  $WPM | Wheaton Precious Metals Corp. | $1.7M | 0.0% | +216% | — |
| 123 |  $STLA | Stellantis N.V. | $1.6M | 0.0% | +0% | — |
| 124 |  $LBRT | Liberty Energy Inc. | $1.4M | 0.0% | -9% | 42 |
| 125 |  $V | VISA INC. | $1.4M | 0.0% | +0% | 82.9 |
| 126 |  $KRMN | Karman Holdings Inc. | $1.2M | 0.0% | +299% | 57.2 |
| 127 |  $ICLR | ICON PLC | $1.0M | 0.0% | +0% | — |
| 128 |  $TS | TENARIS SA | $782,908 | 0.0% | -16% | — |
| 129 |  $PBR | PETROBRAS - PETROLEO BRASILEIRO SA | $682,178 | 0.0% | -88% | 54.3 |
| 130 |  $NVS | NOVARTIS AG | $644,746 | 0.0% | +0% | — |
| 131 |  $JPM | JPMORGAN CHASE & CO | $637,966 | 0.0% | +0% | 70.7 |
| 132 |  $KOF | COCA COLA FEMSA SAB DE CV | $535,925 | 0.0% | +11% | — |
| 133 |  $KB | KB Financial Group Inc. | $477,043 | 0.0% | -2% | — |
| 134 |  $ZTS | Zoetis Inc. | $417,938 | 0.0% | +0% | 68.6 |
| 135 |  $HDB | HDFC BANK LTD | $387,373 | 0.0% | -1% | — |
| 136 | — | VANGUARD INTL EQUITY INDEX F - ALLWRLD EX US | $333,660 | 0.0% | +11% | — |
| 137 |  $ITUB | Itau Unibanco Holding S.A. | $272,592 | 0.0% | -2% | — |
| 138 |  $INFY | Infosys Ltd | $269,740 | 0.0% | +54% | — |
| 139 |  $VOD | VODAFONE GROUP PUBLIC LTD CO | $226,994 | 0.0% | +0% | — |
New Positions (8)
Exited Positions (40)
$MTSI MACOM Technology Solutions Holdings, Inc.
$CWST CASELLA WASTE SYSTEMS INC
$DCO DUCOMMUN INC /DE/
$AIT APPLIED INDUSTRIAL TECHNOLOGIES INC
$XPO XPO, Inc.
$PNFP Pinnacle Financial Partners, Inc.
$WAL WESTERN ALLIANCE BANCORPORATION
$CLH CLEAN HARBORS INC
$MYRG MYR GROUP INC.
$DTM DT Midstream, Inc.
$THC TENET HEALTHCARE CORP
$AIZ ASSURANT, INC.
$AGYS AGILYSYS INC
$SXT SENSIENT TECHNOLOGIES CORPBrowse Top Institutional Investors
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