THORNBURG INVESTMENT MANAGEMENT INC

CIK: 0001145020SEC EDGAR →

Portfolio Value

$7.9B

Holdings

176

As of

Q4 2025

New Positions

176

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

CITIGROUP INC

8,017,682$935.0M
11.80%
2

AT&T INC

29,044,508$721.0M
9.10%
3

BROADCOM INC

2,057,995$712.0M
8.98%
4

MERCK & CO INC

3,728,673$392.0M
4.95%
5

CME GROUP INC

1,146,539$313.0M
3.95%
6

EQUITABLE HLDGS INC

4,889,730$232.0M
2.93%
7

TC ENERGY CORP

4,040,854$222.0M
2.80%
8

CISCO SYS INC

2,869,033$221.0M
2.79%
9

TAIWAN SEMICONDUCTOR MFG LTD

644,259$195.0M
2.46%
10

MEDTRONIC PLC

1,928,745$185.0M
2.33%

Quarterly Changes

Top Buys

MRK↑ Increased
$96.5M
T↑ Increased
$76.9M
FCX↑ Increased
$68.3M
LLYNEW
$48.0M
RF↑ Increased
$46.0M

Top Sells

TRVC↓ Decreased
$120.7M
NVOCLOSED
$30.2M
JPM↓ Decreased
$29.4M
ELMECLOSED
$27.0M
META↓ Decreased
$20.5M

New Positions (10)

$48.0M · 45K shares
$13.0M · 160K shares
$7.0M · 441K shares
$7.0M · 450K shares
$5.0M · 226K shares
$5.0M · 302K shares
$4.0M · 51K shares
$4.0M · 252K shares
$3.0M · 14K shares
$2.0M · 19K shares

Closed Positions (10)

$30.2M · 544K shares
$27.0M · 1.6M shares
$14.0M · 234K shares
$11.7M · 208K shares
$5.7M · 1.1M shares
$5.5M · 11K shares
$3.3M · 182K shares
$2.1M · 69K shares
$295K · 12K shares
$221K · 2K shares

Sector Breakdown

Sector# HoldingsValue%
Technology35$1.5B18.6%
Financial Services31$1.2B15.2%
Unknown17$1.2B15.0%
Healthcare19$1.0B13.0%
Communication Services6$944.0M12.1%
Industrials24$638.0M8.1%
Energy11$517.0M6.6%
Consumer Cyclical19$487.0M6.2%
Basic Materials4$302.0M3.9%
Real Estate3$66.0M0.8%
Consumer Defensive6$27.0M0.3%
Utilities1$13.0M0.2%