Q4 2024 · 13F-HR
THORNBURG INVESTMENT MANAGEMENT INCholdings as filed
Filed 2025-02-14 · accession 0001140361-25-004382
$7.57B
Reported value
188
Positions
2024-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 11135F101 | AVGO | BROADCOM INC | $731.2M | 9.66% | 3,153,835 | Common | SOLE |
| 00206R102 | T | AT&T INC | $628.3M | 8.30% | 27,593,188 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $555.9M | 7.35% | 7,896,725 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $300.1M | 3.97% | 1,292,107 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $262.5M | 3.47% | 9,895,877 | Common | SOLE |
| 29452E101 | EQH | EQUITABLE HLDGS INC | $248.5M | 3.28% | 5,267,993 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $198.5M | 2.62% | 510,286 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $186.7M | 2.47% | 1,876,384 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $179.8M | 2.38% | 3,860,519 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $167.6M | 2.21% | 848,689 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $155.6M | 2.06% | 649,220 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $153.8M | 2.03% | 1,925,176 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $152.2M | 2.01% | 3,587,620 | Common | SOLE |
| N53745100 | LYB | LYONDELLBASELL INDUSTRIES N | $147.0M | 1.94% | 1,979,186 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $144.9M | 1.92% | 2,448,169 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $144.3M | 1.91% | 812,100 | Common | SOLE |
| 7591EP100 | RF | REGIONS FINANCIAL CORP NEW | $121.4M | 1.60% | 5,161,051 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $118.4M | 1.56% | 202,184 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $108.3M | 1.43% | 259,404 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO SA PETRO | $99.6M | 1.32% | 7,744,066 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $99.5M | 1.32% | 1,375,268 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $98.5M | 1.30% | 520,521 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $93.0M | 1.23% | 2,441,053 | Common | SOLE |
| H01301128 | ALC | ALCON AG | $92.0M | 1.22% | 1,083,759 | Common | SOLE |
| N3168P101 | FER | FERROVIAL SE | $71.3M | 0.94% | 1,695,181 | Common | SOLE |
| 83413U100 | SLRC | SLR INVESTMENT CORP | $70.7M | 0.93% | 4,372,550 | Common | SOLE |
| 16934Q802 | CIM | CHIMERA INVT CORP | $69.3M | 0.92% | 4,952,655 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $69.3M | 0.92% | 936,351 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $62.0M | 0.82% | 721,148 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $61.3M | 0.81% | 116,501 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $56.4M | 0.74% | 33,154 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $55.7M | 0.74% | 11,216 | Common | SOLE |
| 872540109 | TJX | TJX COS INC NEW | $50.9M | 0.67% | 421,491 | Common | SOLE |
| 48553T106 | BZ | KANZHUN LIMITED | $50.4M | 0.67% | 3,648,622 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $49.7M | 0.66% | 370,326 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $42.2M | 0.56% | 497,933 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $40.2M | 0.53% | 378,991 | Common | SOLE |
| 03761U502 | MFIC | MIDCAP FINANCIAL INVSTMNT CO | $39.6M | 0.52% | 2,937,783 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $37.0M | 0.49% | 348,161 | Common | SOLE |
| 939653101 | ELME | ELME COMMUNITIES | $36.7M | 0.49% | 2,405,668 | Common | SOLE |
| N3167Y103 | RACE | FERRARI N V | $36.1M | 0.48% | 84,960 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $33.9M | 0.45% | 189,979 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $33.2M | 0.44% | 232,550 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $33.1M | 0.44% | 505,522 | Common | SOLE |
| 127190304 | CACI | CACI INTL INC | $33.1M | 0.44% | 81,910 | Common | SOLE |
| 147448104 | CWST | CASELLA WASTE SYS INC | $32.2M | 0.43% | 304,657 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $30.6M | 0.40% | 145,832 | Common | SOLE |
| L44385109 | GLOB | GLOBANT S A | $30.5M | 0.40% | 142,017 | Common | SOLE |
| 464288240 | ACWX | ISHARES TR | $29.5M | 0.39% | 564,817 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $28.5M | 0.38% | 110,316 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $27.9M | 0.37% | 40,274 | Common | SOLE |
| 00847J105 | AGYS | AGILYSYS INC | $27.7M | 0.37% | 209,974 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $27.3M | 0.36% | 239,907 | Common | SOLE |
| 502431109 | LHX | L3HARRIS TECHNOLOGIES INC | $27.2M | 0.36% | 129,411 | Common | SOLE |
| T9224W109 | STVN | STEVANATO GROUP S P A | $24.5M | 0.32% | 1,122,098 | Common | SOLE |
| 03820C105 | AIT | APPLIED INDL TECHNOLOGIES IN | $23.0M | 0.30% | 95,974 | Common | SOLE |
| 89400J107 | TRU | TRANSUNION | $22.6M | 0.30% | 243,856 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $22.6M | 0.30% | 186,834 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $21.8M | 0.29% | 224,078 | Common | SOLE |
| G87110105 | FTI | TECHNIPFMC PLC | $21.1M | 0.28% | 728,272 | Common | SOLE |
| 12510Q100 | CCC | CCC INTELLIGENT SOLUTIONS HL | $20.8M | 0.27% | 1,770,652 | Common | SOLE |
| 835699307 | SONY | SONY GROUP CORP | $20.4M | 0.27% | 964,557 | Common | SOLE |
| 55405W104 | MYRG | MYR GROUP INC DEL | $20.3M | 0.27% | 136,260 | Common | SOLE |
| 72346Q104 | — | PINNACLE FINL PARTNERS INC | $18.0M | 0.24% | 157,095 | Common | SOLE |
| 74624M102 | P | PURE STORAGE INC | $17.6M | 0.23% | 286,350 | Common | SOLE |
| 184496107 | CLH | CLEAN HARBORS INC | $17.5M | 0.23% | 75,944 | Common | SOLE |
| 50212V100 | LPLA | LPL FINL HLDGS INC | $16.5M | 0.22% | 50,649 | Common | SOLE |
| 69349H107 | TXNM | TXNM ENERGY INC | $16.3M | 0.22% | 332,398 | Common | SOLE |
| 8676EP108 | STKL | SUNOPTA INC | $16.2M | 0.21% | 2,102,319 | Common | SOLE |
| 464287465 | EFA | ISHARES TR | $16.2M | 0.21% | 213,982 | Common | SOLE |
| 05352A100 | AVTR | AVANTOR INC | $16.0M | 0.21% | 761,452 | Common | SOLE |
| 039653100 | ACA | ARCOSA INC | $16.0M | 0.21% | 164,956 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $15.9M | 0.21% | 167,961 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $15.5M | 0.21% | 1,499,130 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $15.2M | 0.20% | 375,615 | Common | SOLE |
| 98311A105 | WH | WYNDHAM HOTELS & RESORTS INC | $15.2M | 0.20% | 150,544 | Common | SOLE |
| 957638109 | WAL | WESTERN ALLIANCE BANCORP | $15.1M | 0.20% | 180,474 | Common | SOLE |
| 606822104 | MUFG | MITSUBISHI UFJ FINL GROUP IN | $14.3M | 0.19% | 1,217,101 | Common | SOLE |
| 398905109 | GPI | GROUP 1 AUTOMOTIVE INC | $14.0M | 0.18% | 33,167 | Common | SOLE |
| 04621X108 | AIZ | ASSURANT INC | $13.7M | 0.18% | 64,231 | Common | SOLE |
| 488401100 | KMPR | KEMPER CORP | $13.6M | 0.18% | 205,004 | Common | SOLE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $13.5M | 0.18% | 66,536 | Common | SOLE |
| 93148P102 | WD | WALKER & DUNLOP INC | $13.5M | 0.18% | 138,814 | Common | SOLE |
| 983793100 | XPO | XPO INC | $13.5M | 0.18% | 102,877 | Common | SOLE |
| 05550J101 | BJ | BJS WHSL CLUB HLDGS INC | $13.4M | 0.18% | 150,491 | Common | SOLE |
| 23282W605 | CYTK | CYTOKINETICS INC | $13.3M | 0.18% | 281,862 | Common | SOLE |
| 45073V108 | ITT | ITT INC | $13.2M | 0.17% | 92,185 | Common | SOLE |
| 67059N108 | NTNX | NUTANIX INC | $12.8M | 0.17% | 209,170 | Common | SOLE |
| 73278L105 | POOL | POOL CORP | $12.5M | 0.16% | 36,579 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $12.0M | 0.16% | 70,034 | Common | SOLE |
| 81725T100 | SXT | SENSIENT TECHNOLOGIES CORP | $12.0M | 0.16% | 168,546 | Common | SOLE |
| 55405Y100 | MTSI | MACOM TECH SOLUTIONS HLDGS I | $11.8M | 0.16% | 91,002 | Common | SOLE |
| 89151E109 | TTEN | TOTALENERGIES SE | $11.4M | 0.15% | 209,600 | Common | SOLE |
| 005098108 | GOLF | ACUSHNET HLDGS CORP | $10.9M | 0.14% | 153,436 | Common | SOLE |
| 49803T300 | KRG | KITE RLTY GROUP TR | $10.8M | 0.14% | 426,672 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $10.8M | 0.14% | 11,737 | Common | SOLE |
| 69343T107 | PJT | PJT PARTNERS INC | $10.5M | 0.14% | 66,724 | Common | SOLE |
| 76029L100 | RPAY | REPAY HLDGS CORP | $10.1M | 0.13% | 1,322,002 | Common | SOLE |
| 89677Q107 | TCOM | TRIP COM GROUP LTD | $9.9M | 0.13% | 144,629 | Common | SOLE |
| 803054204 | SAP | SAP SE | $9.8M | 0.13% | 39,658 | Common | SOLE |
| 200300507 | — | COMCAST HOLDINGS CORP | $9.7M | 0.13% | 157,910 | Common | SOLE |
| 88033G407 | THC | TENET HEALTHCARE CORP | $9.5M | 0.13% | 75,569 | Common | SOLE |
| 576485205 | MTDR | MATADOR RES CO | $9.5M | 0.13% | 168,478 | Common | SOLE |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $9.0M | 0.12% | 26,979 | Common | SOLE |
| 358039105 | FRPT | FRESHPET INC | $9.0M | 0.12% | 60,680 | Common | SOLE |
| G25457105 | CRDO | CREDO TECHNOLOGY GROUP HOLDI | $8.9M | 0.12% | 132,554 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $8.4M | 0.11% | 99,882 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $8.3M | 0.11% | 45,103 | Common | SOLE |
| 29362U104 | ENTG | ENTEGRIS INC | $8.2M | 0.11% | 83,150 | Common | SOLE |
| 92837L109 | VIST | VISTA ENERGY S.A.B. DE C.V. | $8.2M | 0.11% | 152,152 | Common | SOLE |
| 00912X302 | AL | AIR LEASE CORP | $8.0M | 0.11% | 165,848 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $7.9M | 0.10% | 39,226 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $7.7M | 0.10% | 141,030 | Common | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $7.7M | 0.10% | 73,725 | Common | SOLE |
| 647581206 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $7.3M | 0.10% | 114,057 | Common | SOLE |
| G0260P102 | AS | AMER SPORTS INC | $7.2M | 0.09% | 256,863 | Common | SOLE |
| 88162G103 | TTEK | TETRA TECH INC NEW | $6.9M | 0.09% | 172,131 | Common | SOLE |
| 377322102 | GKOS | GLAUKOS CORP | $6.8M | 0.09% | 45,583 | Common | SOLE |
| 92540K109 | VTMX | VESTA REAL ESTATE CORP | $6.8M | 0.09% | 266,935 | Common | SOLE |
| 78351F107 | RYAN | RYAN SPECIALTY HOLDINGS INC | $6.8M | 0.09% | 105,989 | Common | SOLE |
| 531229755 | FWONK | LIBERTY MEDIA CORP DEL | $6.8M | 0.09% | 73,097 | Common | SOLE |
| 83207R107 | SDHC | SMITH DOUGLAS HOMES CORP | $6.6M | 0.09% | 258,829 | Common | SOLE |
| 08265T208 | BSY | BENTLEY SYS INC | $6.6M | 0.09% | 141,655 | Common | SOLE |
| 684060106 | ORANY | ORANGE | $6.6M | 0.09% | 667,110 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $6.5M | 0.09% | 6,160 | Common | SOLE |
| 171484108 | CHDN | CHURCHILL DOWNS INC | $6.5M | 0.09% | 48,813 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $6.4M | 0.08% | 102,210 | Common | SOLE |
| 09061G101 | BMRN | BIOMARIN PHARMACEUTICAL INC | $6.4M | 0.08% | 96,881 | Common | SOLE |
| 683344105 | ONTO | ONTO INNOVATION INC | $6.4M | 0.08% | 38,181 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $6.3M | 0.08% | 228,101 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LIMITED | $6.2M | 0.08% | 206,146 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $6.1M | 0.08% | 62,874 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $6.0M | 0.08% | 14,288 | Common | SOLE |
| 456837103 | ING | ING GROEP N.V. | $6.0M | 0.08% | 383,910 | Common | SOLE |
| 78709Y105 | SAIA | SAIA INC | $5.8M | 0.08% | 12,661 | Common | SOLE |
| M7S64H106 | MNDY | MONDAY COM LTD | $5.4M | 0.07% | 23,013 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $5.4M | 0.07% | 475,119 | Common | SOLE |
| 457669307 | INSM | INSMED INC | $5.2M | 0.07% | 74,749 | Common | SOLE |
| 759916109 | RGEN | REPLIGEN CORP | $5.1M | 0.07% | 35,366 | Common | SOLE |
| 683715106 | OTEX | OPEN TEXT CORP | $4.9M | 0.06% | 171,866 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $4.8M | 0.06% | 43,016 | Common | SOLE |
| 803607100 | SRPT | SAREPTA THERAPEUTICS INC | $4.7M | 0.06% | 38,984 | Common | SOLE |
| 750917106 | RMBS | RAMBUS INC DEL | $4.7M | 0.06% | 88,084 | Common | SOLE |
| 457730109 | INSP | INSPIRE MED SYS INC | $4.6M | 0.06% | 24,869 | Common | SOLE |
| 892672106 | TW | TRADEWEB MKTS INC | $4.6M | 0.06% | 34,995 | Common | SOLE |
| G0896C103 | TBBB | BBB FOODS INC | $4.4M | 0.06% | 155,588 | Common | SOLE |
| N82405106 | STLA | STELLANTIS N.V | $4.4M | 0.06% | 335,843 | Common | SOLE |
| 448579102 | H | HYATT HOTELS CORP | $4.3M | 0.06% | 27,194 | Common | SOLE |
| 26856L103 | ELF | E L F BEAUTY INC | $4.0M | 0.05% | 31,778 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $3.7M | 0.05% | 29,404 | Common | SOLE |
| M6191J100 | FROG | JFROG LTD | $3.7M | 0.05% | 125,218 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $3.7M | 0.05% | 57,418 | Common | SOLE |
| 85914M107 | STEP | STEPSTONE GROUP INC | $2.8M | 0.04% | 47,753 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $2.6M | 0.04% | 12,073 | Common | SOLE |
| 15118V207 | CELH | CELSIUS HLDGS INC | $2.5M | 0.03% | 96,468 | Common | SOLE |
| 92337R101 | VERA | VERA THERAPEUTICS INC | $2.5M | 0.03% | 59,004 | Common | SOLE |
| 903731107 | ULS | UL SOLUTIONS INC | $2.5M | 0.03% | 50,000 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $2.2M | 0.03% | 38,400 | Common | SOLE |
| 48241A105 | KB | KB FINL GROUP INC | $2.0M | 0.03% | 35,588 | Common | SOLE |
| 86881A100 | SGRY | SURGERY PARTNERS INC | $1.9M | 0.03% | 89,687 | Common | SOLE |
| 456788108 | INFY | INFOSYS LTD | $1.7M | 0.02% | 79,446 | Common | SOLE |
| 92826C839 | V | VISA INC | $1.6M | 0.02% | 5,210 | Common | SOLE |
| V5633W109 | MMYT | MAKEMYTRIP LIMITED MAURITIUS | $1.6M | 0.02% | 14,658 | Common | SOLE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $1.6M | 0.02% | 28,612 | Common | SOLE |
| 87164F105 | SNDX | SYNDAX PHARMACEUTICALS INC | $1.5M | 0.02% | 115,087 | Common | SOLE |
| 464287234 | EEM | ISHARES TR | $1.5M | 0.02% | 36,305 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $1.5M | 0.02% | 319,834 | Common | SOLE |
| 806857108 | SLB | SCHLUMBERGER LTD | $1.4M | 0.02% | 37,699 | Common | SOLE |
| 07831C103 | BRBR | BELLRING BRANDS INC | $1.2M | 0.02% | 15,904 | Common | SOLE |
| 92857W308 | VOD | VODAFONE GROUP PLC NEW | $1.2M | 0.02% | 139,795 | Common | SOLE |
| 256135203 | RDY | DR REDDYS LABS LTD | $1.1M | 0.01% | 69,751 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $1.1M | 0.01% | 4,248 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $998,109 | 0.01% | 6,126 | Common | SOLE |
| 009066101 | ABNB | AIRBNB INC | $814,742 | 0.01% | 6,200 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $808,502 | 0.01% | 5,263 | Common | SOLE |
| 00215W100 | ASX | ASE TECHNOLOGY HLDG CO LTD | $799,185 | 0.01% | 79,363 | Common | SOLE |
| 88031M109 | TS | TENARIS S A | $795,971 | 0.01% | 21,063 | Common | SOLE |
| 465562106 | ITUB | ITAU UNIBANCO HLDG S A | $763,562 | 0.01% | 153,944 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $759,018 | 0.01% | 7,800 | Common | SOLE |
| 46982L108 | J | JACOBS SOLUTIONS INC | $727,561 | 0.01% | 5,445 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $679,270 | 0.01% | 30,904 | Common | SOLE |
| 693483109 | PKX | POSCO HOLDINGS INC | $666,096 | 0.01% | 15,362 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $585,009 | 0.01% | 1,851 | Common | SOLE |
| 46140H700 | DBB | INVESCO DB MULTI-SECTOR COMM | $549,817 | 0.01% | 29,168 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $428,086 | 0.01% | 1,768 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $405,971 | 0.01% | 2,478 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $326,116 | 0.00% | 7,405 | Common | SOLE |
| 921909768 | VXUS | VANGUARD STAR FDS | $280,212 | 0.00% | 4,755 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.