13F HOLDINGS REPORT
THORNBURG INVESTMENT MANAGEMENT INC
Quarter ended Q4 2024 · Filed February 14, 2025 · Accession 0001140361-25-004382
Total Value
$7.57B
Positions
188
Other Managers
0
Confidential Omitted
No
Holdings (188)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BROADCOM INC | AVGO | 3,153,835 | $731.2M | 9.66% |
| 2 | AT&T INC | T-PC | 27,593,188 | $628.3M | 8.30% |
| 3 | CITIGROUP INC | C-PR | 7,896,725 | $555.9M | 7.35% |
| 4 | CME GROUP INC | CME | 1,292,107 | $300.1M | 3.97% |
| 5 | PFIZER INC | PFE | 9,895,877 | $262.5M | 3.47% |
| 6 | EQUITABLE HLDGS INC | EQH-PC | 5,267,993 | $248.5M | 3.28% |
| 7 | HOME DEPOT INC | HD | 510,286 | $198.5M | 2.62% |
| 8 | MERCK & CO INC | MRK | 1,876,384 | $186.7M | 2.47% |
| 9 | TC ENERGY CORP | TRPRF | 3,860,519 | $179.8M | 2.38% |
| 10 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 848,689 | $167.6M | 2.21% |
| 11 | JPMORGAN CHASE & CO. | VYLD | 649,220 | $155.6M | 2.06% |
| 12 | MEDTRONIC PLC | MDT | 1,925,176 | $153.8M | 2.03% |
| 13 | ENBRIDGE INC | ENNPF | 3,587,620 | $152.2M | 2.01% |
| 14 | LYONDELLBASELL INDUSTRIES N | LYB | 1,979,186 | $147.0M | 1.94% |
| 15 | CISCO SYS INC | CSCO | 2,448,169 | $144.9M | 1.92% |
| 16 | ABBVIE INC | ABBV | 812,100 | $144.3M | 1.91% |
| 17 | REGIONS FINANCIAL CORP NEW | RF-PF | 5,161,051 | $121.4M | 1.60% |
| 18 | META PLATFORMS INC | META | 202,184 | $118.4M | 1.56% |
| 19 | LINDE PLC | LIN | 259,404 | $108.3M | 1.43% |
| 20 | PETROLEO BRASILEIRO SA PETRO | 71654V408 | 7,744,066 | $99.6M | 1.32% |
| 21 | CANADIAN PACIFIC KANSAS CITY | CP | 1,375,268 | $99.5M | 1.32% |
| 22 | ALPHABET INC | GOOG | 520,521 | $98.5M | 1.30% |
| 23 | FREEPORT-MCMORAN INC | FCX | 2,441,053 | $93.0M | 1.23% |
| 24 | ALCON AG | ALC | 1,083,759 | $92.0M | 1.22% |
| 25 | FERROVIAL SE | FER | 1,695,181 | $71.3M | 0.94% |
| 26 | SLR INVESTMENT CORP | SLRC | 4,372,550 | $70.7M | 0.93% |
| 27 | CHIMERA INVT CORP | 16934Q802 | 4,952,655 | $69.3M | 0.92% |
| 28 | SCHWAB CHARLES CORP | SCHW-PJ | 936,351 | $69.3M | 0.92% |
| 29 | NOVO-NORDISK A S | NONOF | 721,148 | $62.0M | 0.82% |
| 30 | MASTERCARD INCORPORATED | MA | 116,501 | $61.3M | 0.81% |
| 31 | MERCADOLIBRE INC | MELI | 33,154 | $56.4M | 0.74% |
| 32 | BOOKING HOLDINGS INC | BKNG | 11,216 | $55.7M | 0.74% |
| 33 | TJX COS INC NEW | 872540109 | 421,491 | $50.9M | 0.67% |
| 34 | KANZHUN LIMITED | BZ | 3,648,622 | $50.4M | 0.67% |
| 35 | NVIDIA CORPORATION | NVDA | 370,326 | $49.7M | 0.66% |
| 36 | ALIBABA GROUP HLDG LTD | BBAAY | 497,933 | $42.2M | 0.56% |
| 37 | SEA LTD | SE | 378,991 | $40.2M | 0.53% |
| 38 | MIDCAP FINANCIAL INVSTMNT CO | 03761U502 | 2,937,783 | $39.6M | 0.52% |
| 39 | SHOPIFY INC | SHOP | 348,161 | $37.0M | 0.49% |
| 40 | ELME COMMUNITIES | ELME | 2,405,668 | $36.7M | 0.49% |
| 41 | FERRARI N V | RACE | 84,960 | $36.1M | 0.48% |
| 42 | CAPITAL ONE FINL CORP | 14040H105 | 189,979 | $33.9M | 0.45% |
| 43 | BUILDERS FIRSTSOURCE INC | BLDR | 232,550 | $33.2M | 0.44% |
| 44 | ASTRAZENECA PLC | AZN | 505,522 | $33.1M | 0.44% |
| 45 | CACI INTL INC | 127190304 | 81,910 | $33.1M | 0.44% |
| 46 | CASELLA WASTE SYS INC | CWST | 304,657 | $32.2M | 0.43% |
| 47 | ICON PLC | ICLR | 145,832 | $30.6M | 0.40% |
| 48 | GLOBANT S A | GLOB | 142,017 | $30.5M | 0.40% |
| 49 | ISHARES TR | 464288240 | 564,817 | $29.5M | 0.39% |
| 50 | FLUTTER ENTMT PLC | G3643J108 | 110,316 | $28.5M | 0.38% |
| 51 | ASML HOLDING N V | ASMLF | 40,274 | $27.9M | 0.37% |
| 52 | AGILYSYS INC | AGYS | 209,974 | $27.7M | 0.37% |
| 53 | VERTIV HOLDINGS CO | VRT | 239,907 | $27.3M | 0.36% |
| 54 | L3HARRIS TECHNOLOGIES INC | LHX | 129,411 | $27.2M | 0.36% |
| 55 | STEVANATO GROUP S P A | STVN | 1,122,098 | $24.5M | 0.32% |
| 56 | APPLIED INDL TECHNOLOGIES IN | 03820C105 | 95,974 | $23.0M | 0.30% |
| 57 | TRANSUNION | TRU | 243,856 | $22.6M | 0.30% |
| 58 | ADVANCED MICRO DEVICES INC | AMD | 186,834 | $22.6M | 0.30% |
| 59 | SHARKNINJA INC | SN | 224,078 | $21.8M | 0.29% |
| 60 | TECHNIPFMC PLC | FTI | 728,272 | $21.1M | 0.28% |
| 61 | CCC INTELLIGENT SOLUTIONS HL | CCC | 1,770,652 | $20.8M | 0.27% |
| 62 | SONY GROUP CORP | SNEJF | 964,557 | $20.4M | 0.27% |
| 63 | MYR GROUP INC DEL | MYRG | 136,260 | $20.3M | 0.27% |
| 64 | PINNACLE FINL PARTNERS INC | 72346Q104 | 157,095 | $18.0M | 0.24% |
| 65 | PURE STORAGE INC | 74624M102 | 286,350 | $17.6M | 0.23% |
| 66 | CLEAN HARBORS INC | CLH | 75,944 | $17.5M | 0.23% |
| 67 | LPL FINL HLDGS INC | 50212V100 | 50,649 | $16.5M | 0.22% |
| 68 | TXNM ENERGY INC | TXNM | 332,398 | $16.3M | 0.22% |
| 69 | SUNOPTA INC | STKL | 2,102,319 | $16.2M | 0.21% |
| 70 | ISHARES TR | 464287465 | 213,982 | $16.2M | 0.21% |
| 71 | AVANTOR INC | AVTR | 761,452 | $16.0M | 0.21% |
| 72 | ARCOSA INC | ACA | 164,956 | $16.0M | 0.21% |
| 73 | COHERENT CORP | COHR | 167,961 | $15.9M | 0.21% |
| 74 | NU HLDGS LTD | NU | 1,499,130 | $15.5M | 0.21% |
| 75 | TECK RESOURCES LTD | TCKRF | 375,615 | $15.2M | 0.20% |
| 76 | WYNDHAM HOTELS & RESORTS INC | WH | 150,544 | $15.2M | 0.20% |
| 77 | WESTERN ALLIANCE BANCORP | WAL-PA | 180,474 | $15.1M | 0.20% |
| 78 | MITSUBISHI UFJ FINL GROUP IN | 606822104 | 1,217,101 | $14.3M | 0.19% |
| 79 | GROUP 1 AUTOMOTIVE INC | GPI | 33,167 | $14.0M | 0.18% |
| 80 | ASSURANT INC | AIZN | 64,231 | $13.7M | 0.18% |
| 81 | KEMPER CORP | KMPB | 205,004 | $13.6M | 0.18% |
| 82 | DECKERS OUTDOOR CORP | DECK | 66,536 | $13.5M | 0.18% |
| 83 | WALKER & DUNLOP INC | WD | 138,814 | $13.5M | 0.18% |
| 84 | XPO INC | XPO | 102,877 | $13.5M | 0.18% |
| 85 | BJS WHSL CLUB HLDGS INC | 05550J101 | 150,491 | $13.4M | 0.18% |
| 86 | CYTOKINETICS INC | CYTK | 281,862 | $13.3M | 0.18% |
| 87 | ITT INC | ITT | 92,185 | $13.2M | 0.17% |
| 88 | NUTANIX INC | NTNX | 209,170 | $12.8M | 0.17% |
| 89 | POOL CORP | POOL | 36,579 | $12.5M | 0.16% |
| 90 | WASTE CONNECTIONS INC | WCN | 70,034 | $12.0M | 0.16% |
| 91 | SENSIENT TECHNOLOGIES CORP | SXT | 168,546 | $12.0M | 0.16% |
| 92 | MACOM TECH SOLUTIONS HLDGS I | 55405Y100 | 91,002 | $11.8M | 0.16% |
| 93 | TOTALENERGIES SE | TTE | 209,600 | $11.4M | 0.15% |
| 94 | ACUSHNET HLDGS CORP | GOLF | 153,436 | $10.9M | 0.14% |
| 95 | KITE RLTY GROUP TR | 49803T300 | 426,672 | $10.8M | 0.14% |
| 96 | COSTCO WHSL CORP NEW | 22160K105 | 11,737 | $10.8M | 0.14% |
| 97 | PJT PARTNERS INC | PJT | 66,724 | $10.5M | 0.14% |
| 98 | REPAY HLDGS CORP | RPAY | 1,322,002 | $10.1M | 0.13% |
| 99 | TRIP COM GROUP LTD | TRPCF | 144,629 | $9.9M | 0.13% |
| 100 | SAP SE | SAPGF | 39,658 | $9.8M | 0.13% |
| 101 | COMCAST HOLDINGS CORP | CCZ | 157,910 | $9.7M | 0.13% |
| 102 | TENET HEALTHCARE CORP | THC | 75,569 | $9.5M | 0.13% |
| 103 | MATADOR RES CO | MTDR | 168,478 | $9.5M | 0.13% |
| 104 | CYBERARK SOFTWARE LTD | M2682V108 | 26,979 | $9.0M | 0.12% |
| 105 | FRESHPET INC | FRPT | 60,680 | $9.0M | 0.12% |
| 106 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | 132,554 | $8.9M | 0.12% |
| 107 | MICRON TECHNOLOGY INC | MU | 99,882 | $8.4M | 0.11% |
| 108 | CREDICORP LTD | BAP | 45,103 | $8.3M | 0.11% |
| 109 | ENTEGRIS INC | ENTG | 83,150 | $8.2M | 0.11% |
| 110 | VISTA ENERGY S.A.B. DE C.V. | VSOGF | 152,152 | $8.2M | 0.11% |
| 111 | AIR LEASE CORP | AIIR | 165,848 | $8.0M | 0.11% |
| 112 | TALEN ENERGY CORP | TLN | 39,226 | $7.9M | 0.10% |
| 113 | ON HLDG AG | H5919C104 | 141,030 | $7.7M | 0.10% |
| 114 | SHIFT4 PMTS INC | 82452J109 | 73,725 | $7.7M | 0.10% |
| 115 | NEW ORIENTAL ED & TECHNOLOGY | 647581206 | 114,057 | $7.3M | 0.10% |
| 116 | AMER SPORTS INC | AS | 256,863 | $7.2M | 0.09% |
| 117 | TETRA TECH INC NEW | TTEK | 172,131 | $6.9M | 0.09% |
| 118 | GLAUKOS CORP | GKOS | 45,583 | $6.8M | 0.09% |
| 119 | VESTA REAL ESTATE CORP | VTMX | 266,935 | $6.8M | 0.09% |
| 120 | RYAN SPECIALTY HOLDINGS INC | RYAN | 105,989 | $6.8M | 0.09% |
| 121 | LIBERTY MEDIA CORP DEL | FWONB | 73,097 | $6.8M | 0.09% |
| 122 | SMITH DOUGLAS HOMES CORP | SDHC | 258,829 | $6.6M | 0.09% |
| 123 | BENTLEY SYS INC | BSY | 141,655 | $6.6M | 0.09% |
| 124 | ORANGE | ORANY | 667,110 | $6.6M | 0.09% |
| 125 | SERVICENOW INC | NOW | 6,160 | $6.5M | 0.09% |
| 126 | CHURCHILL DOWNS INC | CHDN | 48,813 | $6.5M | 0.09% |
| 127 | SHELL PLC | RYDAF | 102,210 | $6.4M | 0.08% |
| 128 | BIOMARIN PHARMACEUTICAL INC | BMRN | 96,881 | $6.4M | 0.08% |
| 129 | ONTO INNOVATION INC | ONTO | 38,181 | $6.4M | 0.08% |
| 130 | CLEARWATER ANALYTICS HLDGS I | CWAN | 228,101 | $6.3M | 0.08% |
| 131 | ICICI BANK LIMITED | IBN | 206,146 | $6.2M | 0.08% |
| 132 | PDD HOLDINGS INC | PDD | 62,874 | $6.1M | 0.08% |
| 133 | MICROSOFT CORP | MSFT | 14,288 | $6.0M | 0.08% |
| 134 | ING GROEP N.V. | INGVF | 383,910 | $6.0M | 0.08% |
| 135 | SAIA INC | SAIA | 12,661 | $5.8M | 0.08% |
| 136 | MONDAY COM LTD | MNDY | 23,013 | $5.4M | 0.07% |
| 137 | DIGITALBRIDGE GROUP INC | DBRG-PJ | 475,119 | $5.4M | 0.07% |
| 138 | INSMED INC | INSM | 74,749 | $5.2M | 0.07% |
| 139 | REPLIGEN CORP | RGEN | 35,366 | $5.1M | 0.07% |
| 140 | OPEN TEXT CORP | OTEX | 171,866 | $4.9M | 0.06% |
| 141 | DISNEY WALT CO | 254687106 | 43,016 | $4.8M | 0.06% |
| 142 | SAREPTA THERAPEUTICS INC | SRPT | 38,984 | $4.7M | 0.06% |
| 143 | RAMBUS INC DEL | RMBS | 88,084 | $4.7M | 0.06% |
| 144 | INSPIRE MED SYS INC | 457730109 | 24,869 | $4.6M | 0.06% |
| 145 | TRADEWEB MKTS INC | 892672106 | 34,995 | $4.6M | 0.06% |
| 146 | BBB FOODS INC | TBBB | 155,588 | $4.4M | 0.06% |
| 147 | STELLANTIS N.V | STLA | 335,843 | $4.4M | 0.06% |
| 148 | HYATT HOTELS CORP | H | 27,194 | $4.3M | 0.06% |
| 149 | E L F BEAUTY INC | ELF | 31,778 | $4.0M | 0.05% |
| 150 | DIAGEO PLC | DGEAF | 29,404 | $3.7M | 0.05% |
| 151 | JFROG LTD | FROG | 125,218 | $3.7M | 0.05% |
| 152 | HDFC BANK LTD | HDB | 57,418 | $3.7M | 0.05% |
| 153 | STEPSTONE GROUP INC | STEP | 47,753 | $2.8M | 0.04% |
| 154 | AMAZON COM INC | AMZN | 12,073 | $2.6M | 0.04% |
| 155 | CELSIUS HLDGS INC | CELH | 96,468 | $2.5M | 0.03% |
| 156 | VERA THERAPEUTICS INC | VERA | 59,004 | $2.5M | 0.03% |
| 157 | UL SOLUTIONS INC | ULS | 50,000 | $2.5M | 0.03% |
| 158 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 38,400 | $2.2M | 0.03% |
| 159 | KB FINL GROUP INC | 48241A105 | 35,588 | $2.0M | 0.03% |
| 160 | SURGERY PARTNERS INC | SGRY | 89,687 | $1.9M | 0.03% |
| 161 | INFOSYS LTD | INFY | 79,446 | $1.7M | 0.02% |
| 162 | VISA INC | V | 5,210 | $1.6M | 0.02% |
| 163 | MAKEMYTRIP LIMITED MAURITIUS | MMYT | 14,658 | $1.6M | 0.02% |
| 164 | VANGUARD INTL EQUITY INDEX F | 922042775 | 28,612 | $1.6M | 0.02% |
| 165 | SYNDAX PHARMACEUTICALS INC | SNDX | 115,087 | $1.5M | 0.02% |
| 166 | ISHARES TR | 464287234 | 36,305 | $1.5M | 0.02% |
| 167 | GRAB HOLDINGS LIMITED | GRABW | 319,834 | $1.5M | 0.02% |
| 168 | SCHLUMBERGER LTD | SLB | 37,699 | $1.4M | 0.02% |
| 169 | BELLRING BRANDS INC | BRBR | 15,904 | $1.2M | 0.02% |
| 170 | VODAFONE GROUP PLC NEW | 92857W308 | 139,795 | $1.2M | 0.02% |
| 171 | DR REDDYS LABS LTD | 256135203 | 69,751 | $1.1M | 0.01% |
| 172 | APPLE INC | AAPL | 4,248 | $1.1M | 0.01% |
| 173 | ZOETIS INC | ZTS | 6,126 | $998,109 | 0.01% |
| 174 | AIRBNB INC | ABNB | 6,200 | $814,742 | 0.01% |
| 175 | QUALCOMM INC | QCOM | 5,263 | $808,502 | 0.01% |
| 176 | ASE TECHNOLOGY HLDG CO LTD | ASX | 79,363 | $799,185 | 0.01% |
| 177 | TENARIS S A | 88031M109 | 21,063 | $795,971 | 0.01% |
| 178 | ITAU UNIBANCO HLDG S A | 465562106 | 153,944 | $763,562 | 0.01% |
| 179 | NOVARTIS AG | NVSEF | 7,800 | $759,018 | 0.01% |
| 180 | JACOBS SOLUTIONS INC | J | 5,445 | $727,561 | 0.01% |
| 181 | COUPANG INC | CPNG | 30,904 | $679,270 | 0.01% |
| 182 | POSCO HOLDINGS INC | PKX | 15,362 | $666,096 | 0.01% |
| 183 | QUANTA SVCS INC | 74762E102 | 1,851 | $585,009 | 0.01% |
| 184 | INVESCO DB MULTI-SECTOR COMM | IVZ | 29,168 | $549,817 | 0.01% |
| 185 | SPDR GOLD TR | GLD | 1,768 | $428,086 | 0.01% |
| 186 | DIAMONDBACK ENERGY INC | FANG | 2,478 | $405,971 | 0.01% |
| 187 | VANGUARD INTL EQUITY INDEX F | 922042858 | 7,405 | $326,116 | 0.00% |
| 188 | VANGUARD STAR FDS | 921909768 | 4,755 | $280,212 | 0.00% |