Filed: 8/13/2025ACC: 0001140361-25-030647
📋 What this filing means
THORNBURG INVESTMENT MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 177 equity positions with a total reported market value of $7.77B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
177
Positions
$7.77B
Total AUM (reported)
143.80M
Total Shares
Allocation by class
COM$4.79B61.7%
COM NEW$750.65M9.7%
SHS$340.55M4.4%
SPONSORED ADS$329.38M4.2%
CL A$307.45M4.0%
ORD SHS$258.10M3.3%
SPONSORED ADR$164.65M2.1%
Portfolio Concentration
Top 3$2.21B28.4%
4–10$1.73B22.3%
11–25$1.83B23.5%
Rest$2.01B25.8%
Top 3 weight
28.4%
Top 10 weight
50.7%
Voting Authority Distribution
Total shares with voting rights: 143.80M
Sole
Full voting authority
143.69M
shares
% of voting shares99.9%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
113.56K
shares
% of voting shares0.1%
Investment Discretion (by position count)
Sole177
Shared0
Other0
Dominant voting typeSole · 99.9% of voting shares
Institutional Holdings177
Rows:
AT&T INC
SOLEShares27.48M
TypeSH
Market value$795.31M
10.23%
Sole
27.48M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares2.65M
TypeSH
Market value$729.19M
9.38%
Sole
2.65M
Shared
0.00
None
0.00
CITIGROUP INC
SOLEShares8.07M
TypeSH
Market value$686.61M
8.83%
Sole
8.07M
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares4.73M
TypeSH
Market value$374.40M
4.82%
Sole
4.73M
Shared
0.00
None
0.00
CME GROUP INC
SOLEShares1.03M
TypeSH
Market value$284.25M
3.66%
Sole
1.03M
Shared
0.00
None
0.00
EQUITABLE HLDGS INC
SOLEShares4.86M
TypeSH
Market value$272.38M
3.50%
Sole
4.86M
Shared
0.00
None
0.00
PFIZER INC
SOLEShares10.46M
TypeSH
Market value$253.52M
3.26%
Sole
10.46M
Shared
0.00
None
0.00
TC ENERGY CORP
SOLEShares3.86M
TypeSH
Market value$188.61M
2.43%
Sole
3.86M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares512.52K
TypeSH
Market value$187.91M
2.42%
Sole
512.52K
Shared
0.00
None
0.00
CISCO SYS INC
SOLEShares2.45M
TypeSH
Market value$169.85M
2.18%
Sole
2.45M
Shared
0.00
None
0.00
MEDTRONIC PLC
SOLEShares1.92M
TypeSH
Market value$167.61M
2.16%
Sole
1.92M
Shared
0.00
None
0.00
ENBRIDGE INC
SOLEShares3.59M
TypeSH
Market value$162.81M
2.09%
Sole
3.59M
Shared
0.00
None
0.00
CANADIAN PACIFIC KANSAS CITY
SOLEShares2.04M
TypeSH
Market value$162.09M
2.08%
Sole
2.04M
Shared
0.00
None
4.32K
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares708.70K
TypeSH
Market value$160.51M
2.06%
Sole
703.11K
Shared
0.00
None
5.58K
ALCON AG
SOLEShares1.62M
TypeSH
Market value$142.75M
1.84%
Sole
1.61M
Shared
0.00
None
5.86K
FREEPORT-MCMORAN INC
SOLEShares2.92M
TypeSH
Market value$126.40M
1.63%
Sole
2.91M
Shared
0.00
None
2.30K
LINDE PLC
SOLEShares259.50K
TypeSH
Market value$121.89M
1.57%
Sole
259.19K
Shared
0.00
None
313.00
LYONDELLBASELL INDUSTRIES N
SOLEShares1.97M
TypeSH
Market value$114.07M
1.47%
Sole
1.97M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares154.37K
TypeSH
Market value$113.94M
1.47%
Sole
154.37K
Shared
0.00
None
0.00
REGIONS FINANCIAL CORP NEW
SOLEShares4.60M
TypeSH
Market value$108.10M
1.39%
Sole
4.60M
Shared
0.00
None
0.00
PETROLEO BRASILEIRO SA PETRO
SOLEShares7.71M
TypeSH
Market value$96.50M
1.24%
Sole
7.71M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares531.94K
TypeSH
Market value$93.74M
1.21%
Sole
531.94K
Shared
0.00
None
0.00
FERROVIAL SE
SOLEShares1.72M
TypeSH
Market value$91.61M
1.18%
Sole
1.71M
Shared
0.00
None
2.10K
KANZHUN LIMITED
SOLEShares4.66M
TypeSH
Market value$83.21M
1.07%
Sole
4.66M
Shared
0.00
None
4.16K
MERCADOLIBRE INC
SOLEShares30.71K
TypeSH
Market value$80.27M
1.03%
Sole
30.39K
Shared
0.00
None
323.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
AT&T INCSOLE | COM | 27.48M | SH | $795.31M 10.23% | 27.48M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 2.65M | SH | $729.19M 9.38% | 2.65M | 0.00 | 0.00 |
CITIGROUP INCSOLE | COM NEW | 8.07M | SH | $686.61M 8.83% | 8.07M | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 4.73M | SH | $374.40M 4.82% | 4.73M | 0.00 | 0.00 |
CME GROUP INCSOLE | COM | 1.03M | SH | $284.25M 3.66% | 1.03M | 0.00 | 0.00 |
EQUITABLE HLDGS INCSOLE | COM | 4.86M | SH | $272.38M 3.50% | 4.86M | 0.00 | 0.00 |
PFIZER INCSOLE | COM | 10.46M | SH | $253.52M 3.26% | 10.46M | 0.00 | 0.00 |
TC ENERGY CORPSOLE | COM | 3.86M | SH | $188.61M 2.43% | 3.86M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 512.52K | SH | $187.91M 2.42% | 512.52K | 0.00 | 0.00 |
CISCO SYS INCSOLE | COM | 2.45M | SH | $169.85M 2.18% | 2.45M | 0.00 | 0.00 |
MEDTRONIC PLCSOLE | SHS | 1.92M | SH | $167.61M 2.16% | 1.92M | 0.00 | 0.00 |
ENBRIDGE INCSOLE | COM | 3.59M | SH | $162.81M 2.09% | 3.59M | 0.00 | 0.00 |
CANADIAN PACIFIC KANSAS CITYSOLE | COM | 2.04M | SH | $162.09M 2.08% | 2.04M | 0.00 | 4.32K |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 708.70K | SH | $160.51M 2.06% | 703.11K | 0.00 | 5.58K |
ALCON AGSOLE | ORD SHS | 1.62M | SH | $142.75M 1.84% | 1.61M | 0.00 | 5.86K |
FREEPORT-MCMORAN INCSOLE | CL B | 2.92M | SH | $126.40M 1.63% | 2.91M | 0.00 | 2.30K |
LINDE PLCSOLE | SHS | 259.50K | SH | $121.89M 1.57% | 259.19K | 0.00 | 313.00 |
LYONDELLBASELL INDUSTRIES NSOLE | SHS - A - | 1.97M | SH | $114.07M 1.47% | 1.97M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 154.37K | SH | $113.94M 1.47% | 154.37K | 0.00 | 0.00 |
REGIONS FINANCIAL CORP NEWSOLE | COM | 4.60M | SH | $108.10M 1.39% | 4.60M | 0.00 | 0.00 |
PETROLEO BRASILEIRO SA PETROSOLE | SPONSORED ADR | 7.71M | SH | $96.50M 1.24% | 7.71M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 531.94K | SH | $93.74M 1.21% | 531.94K | 0.00 | 0.00 |
FERROVIAL SESOLE | ORD SHS | 1.72M | SH | $91.61M 1.18% | 1.71M | 0.00 | 2.10K |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 4.66M | SH | $83.21M 1.07% | 4.66M | 0.00 | 4.16K |
MERCADOLIBRE INCSOLE | COM | 30.71K | SH | $80.27M 1.03% | 30.39K | 0.00 | 323.00 |
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