13F value (AUM)
$10.5B
Thornburg Investment Management
THORNBURG INVESTMENT MANAGEMENT INC
$10.5B
13F long value · 2026-Q2Positions139
CategoryAsset Manager
Quarters tracked9
● #505 of 581 by 13F value
Size rank 2/10
3 NEW13 ADD25 2×+14 TRIM6 NEAR EXIT11 EXIT
Snapshot
Thornburg Investment Management's 13F portfolio at a glance — size, concentration and this quarter's activity.
Positions
139 (25 unmapped)
Top 100 weight
99.7%
Quarters tracked
9
Latest 13F filed
Aug 13, 2026
New positions
3
Exits / near-exits
17
13F value by quarter
Total reported long value each quarter — fund flows plus market moves.
Top holdings — 2026-Q2
The fund's largest reported positions. The 100 shown cover 99.7% of the portfolio.
| Ticker | Issuer | Weight | Value | Shares | Since 2026-Q2 |
|---|---|---|---|---|---|
| C | CITIGROUP INC | 10.1% | $1.1B | 7.5M | -7.7% |
| — | TOTALENERGIES SE | 8.8% | $919.0M | 11.8M | — |
| T | AT&T INC | 7.1% | $745.7M | 36.0M | +23.3% |
| AVGO | BROADCOM INC | 6.6% | $691.3M | 1.8M | -6.1% |
| KMB | KIMBERLY-CLARK CORP | 6.0% | $632.4M | 5.8M | -10.5% |
| — | ASTRAZENECA PLC | 5.2% | $540.6M | 2.9M | — |
| MRK | MERCK & CO INC | 4.7% | $486.8M | 3.8M | +11.6% |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | 3.5% | $365.3M | 764.9K | -15.2% |
| CSCO | CISCO SYS INC | 3.1% | $319.0M | 2.7M | -4.6% |
| TRP | TC ENERGY CORP | 3.0% | $314.6M | 4.8M | -6.4% |
| CME | CME GROUP INC | 2.4% | $250.1M | 1.1M | +27.7% |
| EQH | EQUITABLE HLDGS INC | 2.2% | $225.6M | 5.1M | -5.3% |
| FCX | FREEPORT MCMORAN INC | 2.0% | $207.8M | 3.3M | -3.7% |
| RF | REGIONS FINANCIAL CORP NEW | 1.9% | $203.7M | 6.7M | -6.4% |
| ENB | ENBRIDGE INC | 1.9% | $199.1M | 3.7M | — |
Quarterly changes — 2026-Q2
What Thornburg Investment Management opened, added, trimmed and exited this quarter, largest dollar moves first.
| Action | Ticker | Issuer | Prev shares | Curr shares | Change | Value Δ |
|---|---|---|---|---|---|---|
| NEW | KMB | KIMBERLY-CLARK CORP | — | 5.8M | — | +$632.4M |
| NEAR EXIT | — | LYONDELLBASELL INDUSTRIES NV | 977.1K | 82.9K | -91.5% | -$74.3M |
| ADD | LLY | ELI LILLY & CO | 60.2K | 79.7K | +32.4% | +$40.2M |
| 2×+ | NFLX | NETFLIX INC. | 126.0K | 665.5K | +428.3% | +$35.4M |
| ADD | SCHW | SCHWAB CHARLES CORP | 809.6K | 1.2M | +44.6% | +$31.9M |
| NEAR EXIT | TDG | TRANSDIGM GROUP INC | 29.7K | 2.4K | -91.8% | -$31.1M |
| ADD | MU | MICRON TECHNOLOGY INC | 24.6K | 31.3K | +27.1% | +$27.8M |
| TRIM | AMD | ADVANCED MICRO DEVICES INC | 122.6K | 84.4K | -31.1% | +$24.1M |
| 2×+ | AAPL | APPLE INC | 1.3K | 83.3K | +6171.1% | +$23.8M |
| NEAR EXIT | VRT | VERTIV HOLDINGS CO | 115.0K | 20.2K | -82.5% | -$22.1M |
Conviction over time
Portfolio weight of the current top long holdings, quarter by quarter — rising weight = growing conviction.