We are live on ! Find out more
TIM

Thornburg Investment Management Portfolio holdings

AUM $9.63B
1-Year Est. Return 35.65%
This Fund
S&P 500
This Quarter Est. Return
+12.73%
1 Year Est. Return
+35.65%
3 Year Est. Return
+112.18%
5 Year Est. Return
+128.98%
10 Year Est. Return
+499.61%
AUM
$5.91B
AUM Growth
+$269M
Cap. Flow
-$330M
Cap. Flow %
-5.58%
Top 10 Hldgs %
41.65%
Holding
214
New
15
Increased
39
Reduced
119
Closed
13

Top Buys

Rank Stock Value
1
NVO
Novo Nordisk
NVO
+$29.7M
2
BABA icon
Alibaba
BABA
+$24.2M
3
META icon
Meta Platforms (Facebook)
META
+$20.9M
4
JPM icon
JPMorgan Chase
JPM
+$17.7M
5
FTI icon
TechnipFMC
FTI
+$17.6M

Top Sells

Rank Stock Value
1
MA icon
Mastercard
MA
+$68.9M
2
ABBV icon
AbbVie
ABBV
+$47.1M
3
WBA
Walgreens Boots Alliance
WBA
+$27.8M
4
BZ icon
Kanzhun
BZ
+$25.3M
5
BKNG icon
Booking.com
BKNG
+$24.6M

Sector Composition

Rank Sector Weight
1 Financials 27.42%
2 Technology 21.21%
3 Healthcare 16.43%
4 Consumer Discretionary 10.96%
5 Materials 5.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
THRM icon
101
Gentherm
THRM
$1.27B
$9.85M 0.17%
150,594
-437
-0.3% -$28.2K
IRT icon
102
Independence Realty Trust
IRT
$3.96B
$9.78M 0.17%
580,199
-7,219
-1% -$122K
ING icon
103
ING
ING
$102B
$9.46M 0.16%
766,880
-91,614
-11% -$995K
ACM icon
104
Aecom
ACM
$7.86B
$9.44M 0.16%
+111,129
New +$8.74M
RADI
105
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
$9.14M 0.15%
773,526
-59,958
-7% -$621K
WCN
106
Waste Connections
WCN
$41.6B
$9.06M 0.15%
68,378
-10,532
-13% -$1.43M
BSY icon
107
Bentley Systems
BSY
$10.8B
$8.94M 0.15%
241,751
-11,830
-5% -$429K
MO icon
108
Altria Group
MO
$107B
$8.59M 0.15%
187,900
– –
CCZ
109
Comcast Holdings Corp 2.0% Exchangeable Subordinated Debentures due Oct 15 2029
CCZ
$120M
– –
0
– –
HLIT icon
110
Harmonic Inc
HLIT
$1.3B
$8.37M 0.14%
+638,832
New +$8.91M
CF icon
111
CF Industries
CF
$18.2B
$8.31M 0.14%
97,488
-111
-0.1% -$11.3K
MCD icon
112
McDonald's
MCD
$195B
$8.18M 0.14%
31,041
+4,065
+15% +$1.07M
RYAN icon
113
Ryan Specialty Holdings
RYAN
$11B
$8.16M 0.14%
196,527
-27,394
-12% -$1.12M
SWAV
114
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
$7.97M 0.13%
38,761
-1,895
-5% -$479K
ESI icon
115
Element Solutions
ESI
$9.37B
$7.96M 0.13%
437,586
-127,656
-23% -$2.3M
WHD icon
116
Cactus
WHD
$5.8B
$7.84M 0.13%
155,950
-32,651
-17% -$1.64M
WSC icon
117
WillScot Mobile Mini Holdings
WSC
$4B
$7.83M 0.13%
173,359
-5,836
-3% -$262K
EPAM icon
118
EPAM Systems
EPAM
$5.17B
$7.66M 0.13%
23,393
-45
-0.2% -$15.3K
GPMT
119
Granite Point Mortgage Trust
GPMT
$58.8M
$7.6M 0.13%
1,417,500
– –
ORAN
120
DELISTED
Orange
ORAN
$7.42M 0.13%
740,550
-65,991
-8% -$638K
SBNY
121
DELISTED
Signature Bank
SBNY
$7.39M 0.13%
64,138
-899
-1% -$124K
ONON icon
122
On Holding
ONON
$10.4B
$7.38M 0.12%
429,961
+292,635
+213% +$5.12M
VOD icon
123
Vodafone
VOD
$37.2B
$7.31M 0.12%
718,662
+688,954
+2,319% +$7.74M
SHEL icon
124
Shell
SHEL
$249B
$7.21M 0.12%
126,561
+21,591
+21% +$1.19M
ACHC icon
125
Acadia Healthcare
ACHC
$2.95B
$7.13M 0.12%
86,577
-1,193
-1% -$98.3K
3 4
5
6 7

Similar funds

SC
Sculptor Capital New York $9.61B AUM 27.5% 1-Year Est. Return
TCA
Tortoise Capital Advisors Overland Park, Kansas $9.6B AUM 19.53% 1-Year Est. Return
CCMT
CMT Capital Markets Trading Frankfurt, Germany $9.56B AUM 21.2% 1-Year Est. Return
LAMI
Longview Asset Management (Illinois) Chicago, Illinois $9.56B AUM 25.94% 1-Year Est. Return
DCP
Durable Capital Partners Bethesda, Maryland $9.71B AUM 26.27% 1-Year Est. Return
HL
Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return
FCM
Frontier Capital Management Boston, Massachusetts $9.73B AUM 55.65% 1-Year Est. Return
CCM
Cullen Capital Management New York $9.75B AUM 21.81% 1-Year Est. Return

Thornburg Investment Management's Q4 2022 Portfolio in Review

As of Q4 2022, Thornburg Investment Management held 214 positions worth $5.91B, up 4.8% from $5.65B the previous quarter. Its ten largest holdings account for 42% of the portfolio.

Thornburg Investment Management withdrew a net $330M in Q4 2022, closing 13 positions and reducing 119 holdings. Its most notable exit was Kanzhun, an estimated $25.3M position sold in full.

By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 28% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Thornburg Investment Management opened a new position in Novo Nordisk worth $34.2M.

  • Thornburg Investment Management's largest Q4 2022 buy was Novo Nordisk: 505,862 shares worth $34.2M.
  • Thornburg Investment Management added most to Alibaba in Q4 2022, an estimated $24.2M increase.
  • Thornburg Investment Management's biggest Q4 2022 reduction was Mastercard, cutting an estimated $68.9M.
  • Thornburg Investment Management fully exited Kanzhun in Q4 2022, selling an estimated $25.3M.
  • Thornburg Investment Management's ten largest holdings make up 42% of its $5.91B portfolio in Q4 2022.
  • Thornburg Investment Management opened 15 new positions and closed 13 in Q4 2022.
  • Thornburg Investment Management's portfolio value rose 4.8% quarter-over-quarter to $5.91B.

Based on Thornburg Investment Management's 13F filing for Q4 2022, filed 8 Feb 2023.