Filed: 11/12/2025ACC: 0001140361-25-041494
📋 What this filing means
THORNBURG INVESTMENT MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 176 equity positions with a total reported market value of $7.67B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
176
Positions
$7.67B
Total AUM (reported)
122.99M
Total Shares
Allocation by class
COM$4.69B61.2%
COM NEW$883.13M11.5%
SPONSORED ADS$407.50M5.3%
SHS$364.43M4.8%
CL A$279.50M3.6%
ORD SHS$211.47M2.8%
CAP STK CL A$124.81M1.6%
Portfolio Concentration
Top 3$2.34B30.5%
4–10$1.64B21.4%
11–25$1.72B22.4%
Rest$1.97B25.7%
Top 3 weight
30.5%
Top 10 weight
51.9%
Voting Authority Distribution
Total shares with voting rights: 122.99M
Sole
Full voting authority
122.88M
shares
% of voting shares99.9%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
109.64K
shares
% of voting shares0.1%
Investment Discretion (by position count)
Sole176
Shared0
Other0
Dominant voting typeSole · 99.9% of voting shares
Institutional Holdings176
Rows:
CITIGROUP INC
SOLEShares8.02M
TypeSH
Market value$814.26M
10.62%
Sole
8.02M
Shared
0.00
None
0.00
AT&T INC
SOLEShares28.25M
TypeSH
Market value$797.91M
10.41%
Sole
28.25M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares2.20M
TypeSH
Market value$727.29M
9.49%
Sole
2.20M
Shared
0.00
None
0.00
CME GROUP INC
SOLEShares1.11M
TypeSH
Market value$300.23M
3.92%
Sole
1.11M
Shared
0.00
None
0.00
MERCK & CO INC
SOLEShares3.52M
TypeSH
Market value$295.49M
3.85%
Sole
3.52M
Shared
0.00
None
0.00
EQUITABLE HLDGS INC
SOLEShares4.87M
TypeSH
Market value$247.18M
3.22%
Sole
4.87M
Shared
0.00
None
0.00
TC ENERGY CORP
SOLEShares4.03M
TypeSH
Market value$218.93M
2.86%
Sole
4.03M
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares515.68K
TypeSH
Market value$208.95M
2.73%
Sole
515.68K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares664.58K
TypeSH
Market value$185.61M
2.42%
Sole
659.28K
Shared
0.00
None
5.30K
MEDTRONIC PLC
SOLEShares1.93M
TypeSH
Market value$183.84M
2.40%
Sole
1.93M
Shared
0.00
None
0.00
ENBRIDGE INC
SOLEShares3.59M
TypeSH
Market value$180.95M
2.36%
Sole
3.59M
Shared
0.00
None
0.00
CISCO SYS INC
SOLEShares2.61M
TypeSH
Market value$178.71M
2.33%
Sole
2.61M
Shared
0.00
None
0.00
CANADIAN PACIFIC KANSAS CITY
SOLEShares2.30M
TypeSH
Market value$170.96M
2.23%
Sole
2.29M
Shared
0.00
None
4.19K
LINDE PLC
SOLEShares275.06K
TypeSH
Market value$130.99M
1.71%
Sole
274.84K
Shared
0.00
None
227.00
ALPHABET INC
SOLEShares513.43K
TypeSH
Market value$124.81M
1.63%
Sole
513.43K
Shared
0.00
None
0.00
REGIONS FINANCIAL CORP NEW
SOLEShares4.62M
TypeSH
Market value$121.96M
1.59%
Sole
4.62M
Shared
0.00
None
0.00
ALCON AG
SOLEShares1.44M
TypeSH
Market value$106.96M
1.40%
Sole
1.43M
Shared
0.00
None
5.30K
META PLATFORMS INC
SOLEShares143.71K
TypeSH
Market value$105.53M
1.38%
Sole
143.71K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares553.38K
TypeSH
Market value$98.91M
1.29%
Sole
552.70K
Shared
0.00
None
681.00
FERROVIAL SE
SOLEShares1.72M
TypeSH
Market value$98.82M
1.29%
Sole
1.72M
Shared
0.00
None
2.12K
ABBVIE INC
SOLEShares401.76K
TypeSH
Market value$93.02M
1.21%
Sole
401.76K
Shared
0.00
None
0.00
KANZHUN LIMITED
SOLEShares3.85M
TypeSH
Market value$89.97M
1.17%
Sole
3.85M
Shared
0.00
None
3.37K
FREEPORT-MCMORAN INC
SOLEShares1.85M
TypeSH
Market value$72.75M
0.95%
Sole
1.85M
Shared
0.00
None
2.40K
SCHWAB CHARLES CORP
SOLEShares756K
TypeSH
Market value$72.18M
0.94%
Sole
756K
Shared
0.00
None
0.00
MERCADOLIBRE INC
SOLEShares29.94K
TypeSH
Market value$69.97M
0.91%
Sole
29.63K
Shared
0.00
None
310.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CITIGROUP INCSOLE | COM NEW | 8.02M | SH | $814.26M 10.62% | 8.02M | 0.00 | 0.00 |
AT&T INCSOLE | COM | 28.25M | SH | $797.91M 10.41% | 28.25M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 2.20M | SH | $727.29M 9.49% | 2.20M | 0.00 | 0.00 |
CME GROUP INCSOLE | COM | 1.11M | SH | $300.23M 3.92% | 1.11M | 0.00 | 0.00 |
MERCK & CO INCSOLE | COM | 3.52M | SH | $295.49M 3.85% | 3.52M | 0.00 | 0.00 |
EQUITABLE HLDGS INCSOLE | COM | 4.87M | SH | $247.18M 3.22% | 4.87M | 0.00 | 0.00 |
TC ENERGY CORPSOLE | COM | 4.03M | SH | $218.93M 2.86% | 4.03M | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 515.68K | SH | $208.95M 2.73% | 515.68K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 664.58K | SH | $185.61M 2.42% | 659.28K | 0.00 | 5.30K |
MEDTRONIC PLCSOLE | SHS | 1.93M | SH | $183.84M 2.40% | 1.93M | 0.00 | 0.00 |
ENBRIDGE INCSOLE | COM | 3.59M | SH | $180.95M 2.36% | 3.59M | 0.00 | 0.00 |
CISCO SYS INCSOLE | COM | 2.61M | SH | $178.71M 2.33% | 2.61M | 0.00 | 0.00 |
CANADIAN PACIFIC KANSAS CITYSOLE | COM | 2.30M | SH | $170.96M 2.23% | 2.29M | 0.00 | 4.19K |
LINDE PLCSOLE | SHS | 275.06K | SH | $130.99M 1.71% | 274.84K | 0.00 | 227.00 |
ALPHABET INCSOLE | CAP STK CL A | 513.43K | SH | $124.81M 1.63% | 513.43K | 0.00 | 0.00 |
REGIONS FINANCIAL CORP NEWSOLE | COM | 4.62M | SH | $121.96M 1.59% | 4.62M | 0.00 | 0.00 |
ALCON AGSOLE | ORD SHS | 1.44M | SH | $106.96M 1.40% | 1.43M | 0.00 | 5.30K |
META PLATFORMS INCSOLE | CL A | 143.71K | SH | $105.53M 1.38% | 143.71K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 553.38K | SH | $98.91M 1.29% | 552.70K | 0.00 | 681.00 |
FERROVIAL SESOLE | ORD SHS | 1.72M | SH | $98.82M 1.29% | 1.72M | 0.00 | 2.12K |
ABBVIE INCSOLE | COM | 401.76K | SH | $93.02M 1.21% | 401.76K | 0.00 | 0.00 |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 3.85M | SH | $89.97M 1.17% | 3.85M | 0.00 | 3.37K |
FREEPORT-MCMORAN INCSOLE | CL B | 1.85M | SH | $72.75M 0.95% | 1.85M | 0.00 | 2.40K |
SCHWAB CHARLES CORPSOLE | COM | 756K | SH | $72.18M 0.94% | 756K | 0.00 | 0.00 |
MERCADOLIBRE INCSOLE | COM | 29.94K | SH | $69.97M 0.91% | 29.63K | 0.00 | 310.00 |
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