Thornburg Investment Management’s Banco Bilbao Vizcaya Argentaria BBVA Stock Holding History

Thornburg Investment Management’s Portfolio BBVA Stock Details BBVA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-4,993,208	Closed	-$47.6M	–	308
2015 Q1	$47.6M	Sell	4,993,208 -1,233,322	-20%	-$11.1M	0.26%	94
2014 Q4	$55.6M	Sell	6,226,530 -3,171,751	-34%	-$32.3M	0.28%	96
2014 Q3	$107M	Sell	9,398,281 -933,569	-9%	-$10.9M	0.48%	57
2014 Q2	$125M	Sell	10,331,850 -45,766,050	-82%	-$549M	0.5%	55
2014 Q1	$641M	Buy	56,097,900 +49,521,313	+753%	+$579M	2.52%	5
2013 Q4	$77.5M	Buy	6,576,587 +3,256,407	+98%	+$36.4M	0.3%	105
2013 Q3	$35.3M	Buy	+3,320,180	New	+$30.6M	0.14%	137

Other funds holding BBVA

Harding Loevner Bridgewater, New Jersey $10.6B AUM 19.39% 1-Year Est. Return

Cambiar Investors Denver, Colorado $2.3B AUM 24.77% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

MAA

Managed Account Advisors Jersey City, New Jersey $121B AUM 7.32% 1-Year Est. Return

BUB

BBVA USA Bancshares Houston, Texas $2.1B AUM 62.57% 1-Year Est. Return

PPA

Parametric Portfolio Associates Seattle, Washington $190B AUM 18.52% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Thornburg Investment Management's BBVA Position: Q2 2015 in Review

Thornburg Investment Management sold out of Banco Bilbao Vizcaya Argentaria (BBVA) in Q2 2015, closing a stake of 4,993,208 shares — an estimated $47.6M sold.

Thornburg Investment Management first reported a position in BBVA in Q3 2013 and held it in 7 quarters. The position peaked at $641M in Q1 2014. 167 funds tracked by Wall St. Rank hold BBVA as of Q2 2015.

Thornburg Investment Management reported no remaining Banco Bilbao Vizcaya Argentaria position as of Q2 2015 after selling out during the quarter.
Thornburg Investment Management sold 4,993,208 Banco Bilbao Vizcaya Argentaria shares in Q2 2015, an estimated $47.6M.
Thornburg Investment Management first reported a position in Banco Bilbao Vizcaya Argentaria in Q3 2013 and held it in 7 quarters.
Thornburg Investment Management's Banco Bilbao Vizcaya Argentaria position peaked at $641M in Q1 2014.
167 funds tracked by Wall St. Rank held Banco Bilbao Vizcaya Argentaria as of Q2 2015.

Based on Thornburg Investment Management's 13F filing for Q2 2015, filed 12 Aug 2015.