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
+8.23%
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
$7.56B
AUM Growth
-$223M
Cap. Flow
-$685M
Cap. Flow %
-9.05%
Top 10 Hldgs %
38.68%
Holding
179
New
20
Increased
21
Reduced
109
Closed
15

Top Buys

Rank Stock Value
1
VNET
VNET Group
VNET
+$45.7M
2
RACE icon
Ferrari
RACE
+$39.6M
3
CIM
Chimera Investment
CIM
+$28.8M
4
FNV icon
Franco-Nevada
FNV
+$24.1M
5
NIO icon
NIO
NIO
+$20.5M

Top Sells

Rank Stock Value
1
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
+$83.9M
2
CCI icon
Crown Castle
CCI
+$63.4M
3
QCOM icon
Qualcomm
QCOM
+$54.8M
4
AVGO icon
Broadcom
AVGO
+$37.9M
5
FMX icon
Fomento Económico Mexicano
FMX
+$34.9M

Sector Composition

Rank Sector Weight
1 Financials 24.22%
2 Technology 21.1%
3 Consumer Discretionary 15.28%
4 Healthcare 14.92%
5 Communication Services 8.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ACWX icon
126
iShares MSCI ACWI ex US ETF
ACWX
$12B
$1.59M 0.02%
34,487
-20,103
-37% -$926K
IBN icon
127
ICICI Bank
IBN
$107B
$1.52M 0.02%
154,551
+81,176
+111% +$808K
SE icon
128
Sea Limited
SE
$78.5B
$1.34M 0.02%
8,676
-36,363
-81% -$4.91M
ORAN
129
DELISTED
Orange
ORAN
$1.32M 0.02%
127,132
– –
SNOW icon
130
Snowflake
SNOW
$115B
$1.25M 0.02%
+5,000
New +$1.19M
XP icon
131
XP
XP
$7.98B
$995K 0.01%
23,862
-83,605
-78% -$3.82M
GO icon
132
Grocery Outlet
GO
$1.01B
$827K 0.01%
+21,040
New +$867K
NVS icon
133
Novartis
NVS
$290B
$815K 0.01%
9,370
– –
EQIX icon
134
Equinix
EQIX
$105B
$703K 0.01%
925
-109
-11% -$82.5K
STLA icon
135
Stellantis
STLA
$20.2B
$656K 0.01%
53,713
-103,468
-66% -$1.15M
GLD icon
136
SPDR Gold Trust
GLD
$144B
$651K 0.01%
3,676
+1,160
+46% +$208K
DBB icon
137
Invesco DB Base Metals Fund
DBB
$316M
$606K 0.01%
40,003
– –
EL icon
138
Estee Lauder
EL
$31.7B
$581K 0.01%
2,660
+553
+26% +$114K
VOD icon
139
Vodafone
VOD
$37.2B
$556K 0.01%
41,413
– –
NEE icon
140
NextEra Energy
NEE
$179B
$531K 0.01%
7,648
– –
VIV icon
141
Telefônica Brasil
VIV
$18.5B
$390K 0.01%
+50,831
New +$461K
TDOC icon
142
Teladoc Health
TDOC
$1.22B
$387K 0.01%
+1,765
New +$374K
BSX icon
143
Boston Scientific
BSX
$74.5B
$383K 0.01%
10,016
-2,177
-18% -$83.9K
UN
144
DELISTED
Unilever NV New York Registry Shares
UN
$357K ﹤0.01%
5,911
-402,735
-99% -$23.3M
ARCC icon
145
Ares Capital
ARCC
$14.3B
$351K ﹤0.01%
25,134
-4,988
-17% -$71K
RDS.A
146
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
$334K ﹤0.01%
13,254
-2,771,625
-100% -$83.9M
EFA icon
147
iShares MSCI EAFE ETF
EFA
$80.2B
$258K ﹤0.01%
4,055
+862
+27% +$55.2K
NKE icon
148
Nike
NKE
$60.1B
$255K ﹤0.01%
2,028
– –
PAC icon
149
Grupo Aeroportuario del Pacifico
PAC
$12.8B
$178K ﹤0.01%
+2,206
New +$160K
PG icon
150
Procter & Gamble
PG
$335B
$169K ﹤0.01%
1,217
-83
-6% -$11K
4 5
6
7 8

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 Q3 2020 Portfolio in Review

As of Q3 2020, Thornburg Investment Management held 179 positions worth $7.56B, down 2.9% from $7.79B the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Thornburg Investment Management withdrew a net $685M in Q3 2020, closing 15 positions and reducing 109 holdings. Its most notable exit was Fomento Económico Mexicano, an estimated $34.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 24% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Thornburg Investment Management opened a new position in VNET Group worth $45.5M.

  • Thornburg Investment Management's largest Q3 2020 buy was VNET Group: 1,962,647 shares worth $45.5M.
  • Thornburg Investment Management added most to Chimera Investment in Q3 2020, an estimated $28.8M increase.
  • Thornburg Investment Management's biggest Q3 2020 reduction was Royal Dutch Shell PLC ADS Class A, cutting an estimated $83.9M.
  • Thornburg Investment Management fully exited Fomento Económico Mexicano in Q3 2020, selling an estimated $34.9M.
  • Thornburg Investment Management's ten largest holdings make up 39% of its $7.56B portfolio in Q3 2020.
  • Thornburg Investment Management opened 20 new positions and closed 15 in Q3 2020.
  • Thornburg Investment Management's portfolio value fell 2.9% quarter-over-quarter to $7.56B.

Based on Thornburg Investment Management's 13F filing for Q3 2020, filed 5 Nov 2020.