We are live on ! Find out more
TIM

Thornburg Investment Management Portfolio holdings

AUM $10.5B
1-Year Est. Return 30.38%
This Fund
S&P 500
This Quarter Est. Return
+3.87%
1 Year Est. Return
+30.38%
3 Year Est. Return
+116.63%
5 Year Est. Return
+136.23%
10 Year Est. Return
+451.75%
AUM
$7.57B
AUM Growth
-$117M
Cap. Flow
-$234M
Cap. Flow %
-3.09%
Top 10 Hldgs %
45.71%
Holding
200
New
8
Increased
44
Reduced
120
Closed
12

Top Buys

Rank Stock Value
1
C icon
Citigroup
C
+$30.5M
2
PFE icon
Pfizer
PFE
+$28.6M
3
FCX icon
Freeport-McMoran
FCX
+$21.8M
4
ACWX icon
iShares MSCI ACWI ex US ETF
ACWX
+$21.7M
5
CSCO icon
Cisco
CSCO
+$19.6M

Top Sells

Rank Stock Value
1
AVGO icon
Broadcom
AVGO
+$83.6M
2
JPM icon
JPMorgan Chase
JPM
+$82.3M
3
EDU icon
New Oriental
EDU
+$52.9M
4
OWL icon
Blue Owl Capital
OWL
+$17.2M
5
TSM icon
TSMC
TSM
+$16.9M

Sector Composition

Rank Sector Weight
1 Financials 24.55%
2 Technology 19.69%
3 Healthcare 14.17%
4 Communication Services 12.09%
5 Consumer Discretionary 8.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ASX icon
176
ASE Group
ASX
$101B
$799K 0.01%
+79,363
New +$791K
TS icon
177
Tenaris
TS
$27.4B
$796K 0.01%
+21,063
New +$747K
ITUB icon
178
Itaú Unibanco
ITUB
$83B
$764K 0.01%
174,419
-27,350
-14% -$141K
NVS icon
179
Novartis
NVS
$294B
$759K 0.01%
7,800
– –
J icon
180
Jacobs Solutions
J
$17.6B
$728K 0.01%
5,499
-759
-12% -$104K
CPNG icon
181
Coupang
CPNG
$29.2B
$679K 0.01%
30,904
-1,762
-5% -$43.2K
PKX icon
182
POSCO
PKX
$18.5B
$666K 0.01%
15,362
-13,361
-47% -$743K
PWR icon
183
Quanta Services
PWR
$93.5B
$585K 0.01%
1,851
-17
-0.9% -$5.47K
DBB icon
184
Invesco DB Base Metals Fund
DBB
$369M
$550K 0.01%
29,168
-5,244
-15% -$106K
GLD icon
185
SPDR Gold Trust
GLD
$154B
$428K 0.01%
1,768
-3,550
-67% -$872K
FANG icon
186
Diamondback Energy
FANG
$56.1B
$406K 0.01%
2,478
-23
-0.9% -$4.05K
VWO icon
187
Vanguard FTSE Emerging Markets ETF
VWO
$127B
$326K ﹤0.01%
+7,405
New +$344K
VXUS icon
188
Vanguard Total International Stock ETF
VXUS
$164B
$280K ﹤0.01%
+4,755
New +$295K
ACHC icon
189
Acadia Healthcare
ACHC
$2.81B
– –
-4,769
Closed -$302K
BHP icon
190
BHP
BHP
$245B
– –
-4,885
Closed -$303K
LBRT icon
191
Liberty Energy
LBRT
$3.14B
– –
-368,316
Closed -$7.03M
MO icon
192
Altria Group
MO
$113B
– –
-187,900
Closed -$9.59M
MPWR icon
193
Monolithic Power Systems
MPWR
$64.4B
– –
-4,794
Closed -$4.43M
OWL icon
194
Blue Owl Capital
OWL
$8.22B
– –
-887,025
Closed -$17.2M
SMG icon
195
ScottsMiracle-Gro
SMG
$3.53B
– –
-88,275
Closed -$7.65M
TME icon
196
Tencent Music
TME
$14.2B
– –
-520,174
Closed -$6.27M
WWD icon
197
Woodward
WWD
$20.4B
– –
-16,239
Closed -$2.79M
AZPN
198
DELISTED
Aspen Technology Inc
AZPN
– –
-42,373
Closed -$10.1M
ASAI
199
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
– –
-85,698
Closed -$590K
PETQ
200
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
– –
-20,804
Closed -$640K
4 5 6 7
8

Similar funds

AAM
Alphadyne Asset Management New York $10.5B AUM 37.62% 1-Year Est. Return
RWP
RWA Wealth Partners Newton, Massachusetts $10.4B AUM 21.69% 1-Year Est. Return
CMTU
Capital Markets Trading (UK) London, United Kingdom $10.4B AUM 93.56% 1-Year Est. Return
URS
Utah Retirement Systems Salt Lake City, Utah $10.5B AUM 42.22% 1-Year Est. Return
GT
Greenleaf Trust Kalamazoo, Michigan $10.4B AUM 0.97% 1-Year Est. Return
ECU
Egerton Capital (UK) London, United Kingdom $10.4B AUM 25.66% 1-Year Est. Return
SCM
SCS Capital Management Boston, Massachusetts $10.6B AUM 19.73% 1-Year Est. Return
PCIA
Prime Capital Investment Advisors Overland Park, Kansas $10.3B AUM 25.54% 1-Year Est. Return

Thornburg Investment Management's Q4 2024 Portfolio in Review

As of Q4 2024, Thornburg Investment Management held 200 positions worth $7.57B, down 1.5% from $7.68B the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Thornburg Investment Management withdrew a net $234M in Q4 2024, closing 12 positions and reducing 120 holdings. Its most notable exit was Blue Owl Capital, an estimated $17.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 24% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Thornburg Investment Management opened a new position in Talen Energy Corp worth $7.9M.

  • Thornburg Investment Management's largest Q4 2024 buy was Talen Energy Corp: 39,226 shares worth $7.9M.
  • Thornburg Investment Management added most to Citigroup in Q4 2024, an estimated $30.5M increase.
  • Thornburg Investment Management's biggest Q4 2024 reduction was Broadcom, cutting an estimated $83.6M.
  • Thornburg Investment Management fully exited Blue Owl Capital in Q4 2024, selling an estimated $17.2M.
  • Thornburg Investment Management's ten largest holdings make up 46% of its $7.57B portfolio in Q4 2024.
  • Thornburg Investment Management opened 8 new positions and closed 12 in Q4 2024.
  • Thornburg Investment Management's portfolio value fell 1.5% quarter-over-quarter to $7.57B.

Based on Thornburg Investment Management's 13F filing for Q4 2024, filed 14 Feb 2025.