Thornburg Investment Management Inc is an investment fund managing more than $6.92 trillion ran by Stephen Velie. There are currently 192 companies in Mr. Velie’s portfolio. The largest investments include Broadcom and Citigroup Inc, together worth $849 billion.
As of 1st February 2024, Thornburg Investment Management Inc’s top holding is 433,702 shares of Broadcom currently worth over $484 billion and making up 7.0% of the portfolio value.
Relative to the number of outstanding shares of Broadcom, Thornburg Investment Management Inc owns less than approximately 0.1% of the company.
In addition, the fund holds 7,092,451 shares of Citigroup Inc worth $365 billion, whose value grew 20.8% in the past six months.
The third-largest holding is CME Inc worth $339 billion and the next is AT&T worth $316 billion, with 18,860,073 shares owned.
Currently, Thornburg Investment Management Inc's portfolio is worth at least $6.92 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Thornburg Investment Management Inc office and employees reside in Santa Fe, New Mexico. According to the last 13-F report filed with the SEC, Stephen Velie serves as the Chief Compliance Officer at Thornburg Investment Management Inc.
In the most recent 13F filing, Thornburg Investment Management Inc revealed that it had opened a new position in
AT&T and bought 18,860,073 shares worth $316 billion.
This means they effectively own approximately 0.1% of the company.
AT&T makes up
91.1%
of the fund's Communication Services sector allocation and has decreased its share price by 1.4% in the past year.
The investment fund also strengthened its position in Citigroup Inc by buying
3,319,404 additional shares.
This makes their stake in Citigroup Inc total 7,092,451 shares worth $365 billion.
Citigroup Inc soared 6.6% in the past year.
On the other hand, there are companies that Thornburg Investment Management Inc is getting rid of from its portfolio.
Thornburg Investment Management Inc closed its position in Activision Blizzard Inc on 8th February 2024.
It sold the previously owned 393,724 shares for $33.2 million.
Stephen Velie also disclosed a decreased stake in Broadcom by 0.2%.
This leaves the value of the investment at $484 billion and 433,702 shares.
The two most similar investment funds to Thornburg Investment Management Inc are Hb Wealth Management and Pinestone Asset Management. They manage $6.92 trillion and $6.93 trillion respectively.
Thornburg Investment Management Inc’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Finance — making up 23.4% of
the total portfolio value.
The fund focuses on investments in the United States as
45.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
37% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $93.7 billion.
These positions were updated on February 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Broadcom Inc. |
16.38%
433,702
|
$484,119,858,000 | 6.99% |
| Citigroup Inc |
87.98%
7,092,451
|
$364,835,679,000 | 5.27% |
| CME Group Inc |
3.51%
1,609,585
|
$338,978,601,000 | 4.90% |
| AT&T Inc. |
Opened
18,860,073
|
$316,472,025,000 | 4.57% |
| JPMorgan Chase & Co. |
6.35%
1,662,106
|
$282,724,231,000 | 4.08% |
| Qualcomm, Inc. |
0.02%
1,931,373
|
$279,334,477,000 | 4.04% |
| Pfizer Inc. |
3.27%
7,902,902
|
$227,524,549,000 | 3.29% |
| Merck & Co Inc |
35.60%
2,015,581
|
$219,738,641,000 | 3.17% |
| Regions Financial Corp. |
4.72%
11,180,802
|
$216,683,943,000 | 3.13% |
| Lyondellbasell Industries N |
No change
1,960,994
|
$186,451,310,000 | 2.69% |
| Equitable Holdings, Inc. |
0.03%
5,445,068
|
$181,320,764,000 | 2.62% |
| Home Depot, Inc. |
0.17%
510,286
|
$176,839,613,000 | 2.55% |
| Abbvie Inc |
No change
1,004,705
|
$155,699,134,000 | 2.25% |
| Enbridge Inc |
0.28%
3,543,172
|
$128,137,364,000 | 1.85% |
| Taiwan Semiconductor Mfg Ltd |
0.09%
1,200,386
|
$124,703,700,000 | 1.80% |
| Petroleo Brasileiro Sa Petro |
4.30%
7,646,681
|
$122,117,496,000 | 1.76% |
| Canadian Pacific Kansas City |
0.82%
1,429,537
|
$110,141,632,000 | 1.59% |
| Meta Platforms Inc |
13.14%
308,027
|
$109,029,237,000 | 1.58% |
| TC Energy Corporation |
Opened
2,529,347
|
$98,844,093,000 | 1.43% |
| Cisco Sys Inc |
16.12%
1,937,715
|
$97,893,362,000 | 1.41% |
| Linde Plc. |
0.43%
235,282
|
$97,057,994,000 | 1.40% |
| Novo-nordisk A S |
150.81%
858,210
|
$88,827,032,000 | 1.28% |
| Alphabet Inc |
0.26%
559,792
|
$78,197,345,000 | 1.13% |
| Medtronic Plc |
35.18%
925,592
|
$76,250,269,000 | 1.10% |
| Chimera Invt Corp |
13.27%
14,857,969
|
$74,141,265,000 | 1.07% |
| Stellantis N.V |
16.74%
3,150,333
|
$73,530,258,000 | 1.06% |
| Schwab Charles Corp |
0.92%
998,411
|
$68,690,677,000 | 0.99% |
| SLR Investment Corp |
No change
4,338,599
|
$65,209,143,000 | 0.94% |
| Booking Holdings Inc |
33.44%
17,129
|
$60,754,468,000 | 0.88% |
| Freeport-McMoRan Inc |
68.80%
1,364,591
|
$58,087,063,000 | 0.84% |
| MercadoLibre Inc |
26.16%
33,749
|
$53,041,652,000 | 0.77% |
| Tjx Cos Inc New |
12.21%
529,917
|
$49,711,514,000 | 0.72% |
| Mastercard Incorporated |
17.11%
109,924
|
$46,875,346,000 | 0.68% |
| Midcap Financial Invstmnt Co |
No change
2,937,783
|
$40,188,871,000 | 0.58% |
| Capital One Finl Corp |
9.05%
301,147
|
$39,486,395,000 | 0.57% |
| NVIDIA Corp |
52.33%
79,536
|
$39,458,469,000 | 0.57% |
| Ferrari N.V. |
3.10%
116,224
|
$39,345,592,000 | 0.57% |
| PDD Holdings Inc |
Opened
242,212
|
$35,447,536,000 | 0.51% |
| Alcon Ag |
18.32%
434,869
|
$35,392,505,000 | 0.51% |
| Asml Holding N V |
1.79%
46,425
|
$35,013,370,000 | 0.51% |
| Caci International Inc. |
9.26%
106,913
|
$34,624,844,000 | 0.50% |
| Elme Communities |
No change
2,355,668
|
$34,392,753,000 | 0.50% |
| Astrazeneca plc |
12.32%
508,872
|
$34,358,161,000 | 0.50% |
| Advanced Micro Devices Inc. |
Opened
231,972
|
$34,189,976,000 | 0.49% |
| Icon Plc |
26.27%
110,257
|
$31,190,627,000 | 0.45% |
| HDFC Bank Ltd. |
35.61%
462,410
|
$30,966,560,000 | 0.45% |
| Fidelity Natl Information Sv |
3.95%
504,424
|
$30,343,519,000 | 0.44% |
| Shopify Inc |
2,057.38%
377,541
|
$29,409,132,000 | 0.42% |
| Teck Resources Ltd |
2.50%
686,958
|
$29,019,389,000 | 0.42% |
| Casella Waste Sys Inc |
1.62%
337,797
|
$28,852,219,000 | 0.42% |
| Visa Inc |
14.56%
108,050
|
$28,134,869,000 | 0.41% |
| TotalEnergies SE |
3.40%
386,650
|
$26,012,280,000 | 0.38% |
| Alibaba Group Hldg Ltd |
54.86%
335,824
|
$25,977,253,000 | 0.38% |
| L3Harris Technologies Inc |
15.35%
116,472
|
$24,531,333,000 | 0.35% |
| Micron Technology Inc. |
11.73%
263,993
|
$22,515,419,000 | 0.33% |
| Globant S.A. |
19.59%
89,091
|
$21,154,103,000 | 0.31% |
| Builders Firstsource Inc |
8.19%
125,353
|
$20,909,811,000 | 0.30% |
| Applied Indl Technologies In |
10.18%
116,829
|
$20,162,926,000 | 0.29% |
| Ccc Intelligent Solutions Hl |
34.82%
1,760,099
|
$20,033,722,000 | 0.29% |
| Agilysys, Inc |
16.64%
234,039
|
$19,812,464,000 | 0.29% |
| Vertiv Holdings Co |
3.24%
408,833
|
$19,636,249,000 | 0.28% |
| Yum China Holdings Inc |
42.76%
455,673
|
$19,330,053,000 | 0.28% |
| Avantor, Inc. |
9.59%
831,820
|
$18,963,303,000 | 0.27% |
| TechnipFMC plc |
39.82%
936,596
|
$18,843,588,000 | 0.27% |
| Costco Whsl Corp New |
30.07%
26,431
|
$17,451,017,000 | 0.25% |
| TransUnion |
55.68%
248,962
|
$17,106,179,000 | 0.25% |
| MYR Group Inc |
9.29%
114,578
|
$16,571,416,000 | 0.24% |
| Qorvo Inc |
53.96%
146,756
|
$16,526,193,000 | 0.24% |
| Biomarin Pharmaceutical Inc. |
33.62%
170,802
|
$16,475,310,000 | 0.24% |
| Pool Corporation |
4.95%
39,548
|
$15,755,559,000 | 0.23% |
| Sony Group Corp |
1.31%
157,282
|
$14,843,256,000 | 0.21% |
| Clean Harbors, Inc. |
20.93%
85,139
|
$14,836,553,000 | 0.21% |
| Vesta Real Estate Corp |
Opened
368,974
|
$14,598,825,000 | 0.21% |
| Bjs Whsl Club Hldgs Inc |
4.63%
216,946
|
$14,455,259,000 | 0.21% |
| Walker & Dunlop Inc |
3.88%
128,739
|
$14,253,884,000 | 0.21% |
| ITT Inc |
18.40%
118,764
|
$14,157,384,000 | 0.20% |
| Lpl Finl Hldgs Inc |
14.54%
61,841
|
$14,103,265,000 | 0.20% |
| Deckers Outdoor Corp. |
35.69%
21,041
|
$14,079,637,000 | 0.20% |
| Pinnacle Finl Partners Inc |
9.07%
160,429
|
$13,990,747,000 | 0.20% |
| Pure Storage Inc |
Opened
385,132
|
$13,747,699,000 | 0.20% |
| Vodafone Group plc |
17.23%
1,550,534
|
$13,528,176,000 | 0.20% |
| Arcosa Inc |
Opened
160,836
|
$13,280,122,000 | 0.19% |
| Repay Hldgs Corp |
0.69%
1,523,609
|
$13,001,297,000 | 0.19% |
| YETI Holdings Inc |
6.01%
247,586
|
$12,797,322,000 | 0.18% |
| PetIQ Inc |
8.92%
641,924
|
$12,660,218,000 | 0.18% |
| Assurant Inc |
35.48%
74,320
|
$12,513,995,000 | 0.18% |
| Entegris Inc |
35.01%
104,543
|
$12,509,474,000 | 0.18% |
| Aon plc. |
51.57%
42,049
|
$12,240,210,000 | 0.18% |
| Credicorp Ltd |
Opened
81,089
|
$12,152,119,000 | 0.18% |
| Harmonic, Inc. |
21.58%
921,312
|
$12,008,184,000 | 0.17% |
| Digitalbridge Group Inc |
Opened
683,817
|
$11,994,150,000 | 0.17% |
| AECOM |
6.62%
127,904
|
$11,812,142,000 | 0.17% |
| Sensient Technologies Corp. |
4.77%
174,276
|
$11,492,788,000 | 0.17% |
| Tetra Tech, Inc. |
14.21%
67,576
|
$11,280,462,000 | 0.16% |
| Aspen Technology Inc |
12.32%
50,031
|
$10,993,850,000 | 0.16% |
| Group 1 Automotive, Inc. |
61.58%
35,970
|
$10,943,601,000 | 0.16% |
| Sunopta, Inc. |
35.45%
1,999,324
|
$10,933,490,000 | 0.16% |
| Ishares Tr |
170.83%
286,336
|
$17,929,235,000 | 0.26% |
| Wyndham Hotels & Resorts Inc |
10.69%
133,760
|
$10,755,642,000 | 0.16% |
| Kite Rlty Group Tr |
10.43%
468,817
|
$10,708,620,000 | 0.15% |
| Western Alliance Bancorp |
Opened
161,497
|
$10,624,888,000 | 0.15% |
| Waste Connections Inc |
3.35%
70,034
|
$10,453,975,000 | 0.15% |
| NetEase Inc |
Opened
109,318
|
$10,184,065,000 | 0.15% |
| Pnm Res Inc |
Opened
241,832
|
$10,039,225,000 | 0.15% |
| Envista Holdings Corp |
27.35%
412,617
|
$9,927,306,000 | 0.14% |
| Diageo plc |
41.38%
67,723
|
$9,855,813,000 | 0.14% |
| Acadia Healthcare Company In |
0.96%
126,076
|
$9,810,917,000 | 0.14% |
| XPO Inc |
Opened
111,496
|
$9,755,818,000 | 0.14% |
| H World Group Ltd |
1,928.16%
287,410
|
$9,590,405,000 | 0.14% |
| Matador Res Co |
19.66%
162,847
|
$9,259,480,000 | 0.13% |
| Conmed Corp. |
2.67%
82,386
|
$9,022,091,000 | 0.13% |
| Arm Holdings Plc |
Opened
118,463
|
$8,901,902,000 | 0.13% |
| Bentley Sys Inc |
21.83%
170,409
|
$8,891,942,000 | 0.13% |
| Orange. |
2.20%
753,870
|
$8,662,409,000 | 0.13% |
| Bellring Brands Inc |
Opened
154,240
|
$8,549,523,000 | 0.12% |
| Kemper Corp |
Opened
166,622
|
$8,109,493,000 | 0.12% |
| Sap SE |
Opened
51,602
|
$7,954,680,000 | 0.11% |
| Liberty Energy Inc |
37.71%
422,800
|
$7,665,102,000 | 0.11% |
| ING Groep N.V. |
35.89%
510,479
|
$7,620,494,000 | 0.11% |
| Altria Group Inc. |
15.82%
187,900
|
$7,579,886,000 | 0.11% |
| Lauder Estee Cos Inc |
32.21%
49,934
|
$7,302,848,000 | 0.11% |
| Freshpet Inc |
18.32%
83,350
|
$7,231,446,000 | 0.10% |
| Shockwave Med Inc |
0.97%
37,894
|
$7,221,081,000 | 0.10% |
| PJT Partners Inc |
No change
70,244
|
$7,155,756,000 | 0.10% |
| Cytokinetics Inc |
23.24%
85,199
|
$7,113,265,000 | 0.10% |
| Onto Innovation Inc. |
Opened
46,455
|
$7,102,970,000 | 0.10% |
| Churchill Downs, Inc. |
40.14%
51,905
|
$7,003,542,000 | 0.10% |
| Repligen Corp. |
5.56%
38,485
|
$6,919,603,000 | 0.10% |
| Ats Corporation |
Opened
176,629
|
$6,833,770,000 | 0.10% |
| Dlocal Ltd |
Opened
375,575
|
$6,643,915,000 | 0.10% |
| Shell Plc |
23.54%
98,088
|
$6,434,469,000 | 0.09% |
| Willscot Mobil Mini Hldng Co |
15.53%
141,605
|
$6,301,423,000 | 0.09% |
| Saia Inc. |
11.79%
14,359
|
$6,292,401,000 | 0.09% |
| Shift4 Pmts Inc |
11.80%
84,425
|
$6,276,155,000 | 0.09% |
| Macom Tech Solutions Hldgs I |
Opened
65,815
|
$6,117,504,000 | 0.09% |
| Celsius Holdings Inc |
106.57%
111,489
|
$6,078,380,000 | 0.09% |
| Ryan Specialty Holdings Inc |
11.80%
140,725
|
$6,053,990,000 | 0.09% |
| ServiceNow Inc |
No change
8,255
|
$5,832,075,000 | 0.08% |
| Rambus Inc. |
6.48%
82,251
|
$5,613,631,000 | 0.08% |
| Liberty Media Corp. |
Opened
88,216
|
$5,569,076,000 | 0.08% |
| CyberArk Software Ltd |
Opened
25,334
|
$5,549,413,000 | 0.08% |
| Microsoft Corporation |
3.97%
14,618
|
$5,496,953,000 | 0.08% |
| Scotts Miracle-Gro Company |
Opened
84,691
|
$5,399,051,000 | 0.08% |
| Monolithic Pwr Sys Inc |
15.38%
8,280
|
$5,222,858,000 | 0.08% |
| Monday Com Ltd |
Opened
27,608
|
$5,185,059,000 | 0.07% |
| Icici Bank Limited |
10.80%
216,112
|
$5,155,789,000 | 0.07% |
| Inspire Med Sys Inc |
55.07%
24,861
|
$5,057,473,000 | 0.07% |
| Clearwater Analytics Hldgs I |
Opened
251,578
|
$5,039,107,000 | 0.07% |
| Stevanato Group S.p.A. |
Opened
171,840
|
$4,689,514,000 | 0.07% |
| On Hldg Ag |
27.25%
173,829
|
$4,688,168,000 | 0.07% |
| Nu Hldgs Ltd |
Opened
548,137
|
$4,565,977,000 | 0.07% |
| Teledyne Technologies Inc |
81.17%
9,924
|
$4,424,591,000 | 0.06% |
| Sarepta Therapeutics Inc |
Opened
40,345
|
$3,890,468,000 | 0.06% |
| Mitsubishi Ufj Finl Group In |
Opened
441,417
|
$3,827,028,000 | 0.06% |
| Atricure Inc |
11.79%
103,215
|
$3,683,743,000 | 0.05% |
| Grocery Outlet Hldg Corp |
1.34%
126,461
|
$3,409,389,000 | 0.05% |
| Tradeweb Mkts Inc |
11.79%
37,212
|
$3,381,827,000 | 0.05% |
| Credo Technology Group Holdi |
Opened
173,150
|
$3,371,231,000 | 0.05% |
| Livent Corp |
11.80%
180,673
|
$3,248,501,000 | 0.05% |
| Surgery Partners Inc |
37.41%
95,371
|
$3,050,918,000 | 0.04% |
| Bridge Invt Group Hldgs Inc |
Opened
278,541
|
$2,724,131,000 | 0.04% |
| Kraneshares Tr |
No change
73,697
|
$2,689,204,000 | 0.04% |
| Open Text Corp |
Opened
42,700
|
$1,795,367,000 | 0.03% |
| Makemytrip Limited Mauritius |
9.05%
37,848
|
$1,739,360,000 | 0.03% |
| Warner Bros.Discovery Inc |
1.65%
148,688
|
$1,692,069,000 | 0.02% |
| Sea Ltd |
22.29%
36,900
|
$1,494,450,000 | 0.02% |
| Amazon.com Inc. |
No change
9,760
|
$1,482,934,000 | 0.02% |
| Itau Unibanco Hldg S A |
Opened
191,537
|
$1,321,402,000 | 0.02% |
| Quanta Svcs Inc |
28.96%
5,658
|
$1,163,115,000 | 0.02% |
| Infosys Ltd |
92.90%
59,707
|
$1,098,085,000 | 0.02% |
| Spdr Gold Tr |
No change
5,318
|
$1,016,642,000 | 0.01% |
| Diamondback Energy Inc |
28.88%
6,213
|
$967,737,000 | 0.01% |
| Prothena Corp Plc |
11.79%
25,591
|
$929,977,000 | 0.01% |
| Sendas Distribuidora S A |
4.19%
64,719
|
$917,559,000 | 0.01% |
| Apple Inc |
32.76%
4,708
|
$906,431,000 | 0.01% |
| Centrais Eletricas Brasileir |
6.71%
95,092
|
$899,344,000 | 0.01% |
| Coupang, Inc. |
10.23%
53,953
|
$868,222,000 | 0.01% |
| Chesapeake Energy Corp. |
91.08%
10,819
|
$840,061,000 | 0.01% |
| Jacobs Solutions Inc |
Opened
6,196
|
$804,241,000 | 0.01% |
| P T Telekomunikasi Indonesia |
33.03%
29,841
|
$759,059,000 | 0.01% |
| Grab Holdings Limited |
Opened
209,213
|
$703,865,000 | 0.01% |
| Novartis AG |
7.80%
6,834
|
$690,029,000 | 0.01% |
| Crowdstrike Holdings Inc |
Opened
2,571
|
$656,428,000 | 0.01% |
| Crown Holdings, Inc. |
95.63%
6,901
|
$634,892,000 | 0.01% |
| Invesco Db Multi-sector Comm |
No change
54,234
|
$1,040,848,000 | 0.02% |
| Lamb Weston Holdings Inc |
95.06%
4,837
|
$519,397,000 | 0.01% |
| Booz Allen Hamilton Hldg Cor |
37.64%
3,704
|
$470,297,000 | 0.01% |
| UBS Group AG |
99.60%
11,365
|
$351,179,000 | 0.01% |
| Bhp Group Ltd |
No change
4,885
|
$333,694,000 | 0.00% |
| FormFactor Inc. |
29.06%
8,368
|
$323,340,000 | 0.00% |
| Vanguard Intl Equity Index F |
Opened
5,231
|
$293,686,000 | 0.00% |
| Floor & Decor Holdings Inc |
95.90%
1,915
|
$204,484,000 | 0.00% |
| Activision Blizzard Inc |
Closed
393,724
|
$33,191,000 | |
| Chart Inds Inc |
Closed
141,991
|
$22,689,000 | |
| AES Corp. |
Closed
649,881
|
$13,472,000 | |
| Independence Rlty Tr Inc |
Closed
569,610
|
$10,378,000 | |
| Sovos Brands Inc |
Closed
405,401
|
$7,930,000 | |
| Liberty Media Corp. |
Closed
100,012
|
$7,529,000 | |
| JD.com Inc |
Closed
218,885
|
$7,471,000 | |
| Calix Inc |
Closed
145,388
|
$7,256,000 | |
| Mcdonalds Corp |
Closed
22,622
|
$6,751,000 | |
| Instructure Hldgs Inc |
Closed
256,118
|
$6,444,000 | |
| Knight-swift Transn Hldgs In |
Closed
111,096
|
$6,172,000 | |
| MaxLinear Inc |
Closed
186,070
|
$5,872,000 | |
| Enphase Energy Inc |
Closed
31,727
|
$5,314,000 | |
| Paycom Software Inc |
Closed
16,469
|
$5,291,000 | |
| Gentherm Inc |
Closed
93,471
|
$5,282,000 | |
| Fox Factory Hldg Corp |
Closed
48,415
|
$5,254,000 | |
| WideOpenWest Inc |
Closed
532,935
|
$4,498,000 | |
| Ambarella Inc |
Closed
50,713
|
$4,243,000 | |
| Gxo Logistics Incorporated |
Closed
67,312
|
$4,229,000 | |
| Cactus Inc |
Closed
78,503
|
$3,322,000 | |
| Kenvue Inc |
Closed
100,000
|
$2,642,000 | |
| Enel Chile S.A. |
Closed
328,687
|
$1,095,000 | |
| Li Auto Inc. |
Closed
25,952
|
$911,000 | |
| Service Corp Intl |
Closed
11,227
|
$725,000 | |
| Otis Worldwide Corporation |
Closed
6,060
|
$539,000 | |
| Ollies Bargain Outlet Hldgs |
Closed
4,292
|
$249,000 | |
| No transactions found | |||
| Showing first 500 out of 218 holdings | |||