Thornburg Investment Management
Thornburg Investment Management reported 138 stocks worth $10.4B in its 13F filing for Q2 2026, filed Aug 13, 2026. Its largest holdings are C (10.1%), TTE (8.8%) and T (7.2%). Compared with Q1 2026, the fund opened new positions in KMB, IQV and UBER, added to TTE, T and AZN, trimmed C, AVGO and CSCO and sold out of VB, MTSI and CWST.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  C Citigroup Inc | $1.1B | 10.1% | 7.5M | −442K (−6%) | 8 of 8 | |
| 2 |  TTE Totalenergies F | $919M | 8.8% | 11.8M | +167K (+1%) | 2 of 8 | |
| 3 |  T At&T Inc | $746M | 7.2% | 36M | +5M (+16%) | 8 of 8 | |
| 4 |  AVGO Broadcom Inc | $691M | 6.6% | 1.8M | −253K (−12%) | 8 of 8 | |
| 5 |  KMB Kimberly Clark Corp | $632M | 6.1% | 5.8M | New position | 1 of 8 | |
| 6 |  AZN Astrazeneca PLC Ord | $541M | 5.2% | 2.9M | +33K (+1%) | 2 of 8 | |
| 7 |  MRK Merck & Co Inc | $487M | 4.7% | 3.8M | +59K (+2%) | 8 of 8 | |
| 8 |  TSM Taiwan Semiconductor Mfg Ltd | $365M | 3.5% | 765K | +64K (+9%) | 8 of 8 | |
| 9 |  CSCO Cisco Sys Inc | $319M | 3.1% | 2.7M | −198K (−7%) | 8 of 8 | |
| 10 |  TRP TC Energy Corp | $315M | 3.0% | 4.8M | +34K (+1%) | 8 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 VB Vanguard Index Fds | $16.9M | 64K |
 MTSI Macom Tech Solutions Hldgs I | $16.6M | 75K |
 CWST Casella Waste Sys Inc | $16.1M | 203K |
 DCO Ducommun Inc Del | $15.9M | 130K |
 AIT Applied Indl Technologies in | $15M | 56K |
🔒 Free account: see all 30.
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 13, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Thornburg Investment Management 13F FAQ
What does Thornburg Investment Management own?
Thornburg Investment Management reported 138 stocks worth $10.4B in its 13F filing for Q2 2026, filed Aug 13, 2026. Its largest holdings are C (10.1%), TTE (8.8%) and T (7.2%). The table above lists every position in the filing (the top 10 without an account).
What did Thornburg Investment Management buy and sell in Q2 2026?
Compared with Q1 2026: 8 new positions, 71 added to, 48 trimmed and 39 sold out. New positions include KMB, IQV and UBER. It sold all of VB, MTSI and CWST.
When will Thornburg Investment Management file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Thornburg Investment Management's portfolio worth?
The Q2 2026 filing reports $10.4B in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.