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CIK: 0001145020
Total reported value
$10.5B
$10.5B
176 檔
28.1%
According to the latest 13F quarterly dataset, Thornburg Investment Management Inc managed an equity portfolio of $10.5B at the end of Q3 2025, spanning 176 distinct U.S. exchange-listed positions.
In Q3 2025, Thornburg Investment Management Inc adopted a defensive or profit-taking posture, trimming 98 positions and completely liquidating 27 holdings to manage risk exposure.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | C | Citigroup Inc | Stock-Financials | 10.62% | +0.70% | -0.55% | |
| 2 | T | At&t Inc | Stock-Comm Services | 10.41% | -2.21% | +2.81% | |
| 3 | AVGO | Broadcom Inc | Stock-Tech | 9.49% | -0.08% | -16.66% | |
| 4 | CME | Cme Group Inc | Stock-Financials | 3.92% | -1.12% | +7.74% | |
| 5 | MRK | Merck & Co. Inc. | Stock-Healthcare | 3.85% | — | -25.56% | |
| 6 | EQH | Equitable Holdings Inc | Stock-Financials | 3.22% | +0.24% | +0.25% | |
| 7 | TRP | Tc Energy CORP | Stock-Energy | 2.86% | -0.05% | +4.32% | |
| 8 | HD | Home Depot Inc | Stock-Consumer Disc | 2.73% | -0.21% | +0.62% | |
| 9 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 2.42% | +1.03% | -6.23% | |
| 10 | MDT | Medtronic plc | Stock-Healthcare | 2.40% | +0.07% | +0.39% | |
| 11 | ENB | Enbridge Inc | Stock-Energy | 2.36% | -0.15% | — | |
| 12 | CSCO | Cisco Systems Inc | Stock-Tech | 2.33% | +0.70% | +6.69% | |
| 13 | CP | Canadian Pacific Kansas City | Stock-Industrials | 2.23% | +0.01% | +12.24% | |
| 14 | LIN | Linde plc | Stock-Materials | 1.71% | -0.06% | +6.00% | |
| 15 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 1.63% | +0.40% | -3.48% | |
| 16 | RF | Regions Financial CORP | Stock-Financials | 1.59% | +0.18% | +0.62% | |
| 17 | ALC | Alcon Inc. | Stock-Healthcare | 1.40% | -0.28% | -11.15% | |
| 18 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.38% | -0.05% | -6.91% | |
| 19 | BABA | Alibaba Group Holding-sp Adr | Stock-Consumer Disc | 1.29% | -0.22% | +14.30% | |
| 20 | ✓ | Ferrovial Se | Stock-Other | 1.29% | -0.04% | +0.28% | |
| 21 | ABBV | Abbvie Inc | Stock-Healthcare | 1.21% | +0.16% | +25.50% | |
| 22 | BZ | Kanzhun LTD - Adr | Stock-Other | 1.17% | -0.20% | -17.42% | |
| 23 | FCX | Freeport-mcmoran Inc | Stock-Materials | 0.95% | +0.26% | -36.39% | |
| 24 | SCHW | Schwab (charles) CORP | Stock-Financials | 0.94% | +0.24% | -7.11% | |
| 25 | MELI | Mercadolibre Inc | Stock-Consumer Disc | 0.91% | -0.08% | -2.51% | |
| 26 | SLRC | Slr Investment CORP | Stock-Other | 0.87% | -0.13% | — | |
| 27 | CIM | Chimera Investment CORP | Stock-Other | 0.87% | -0.01% | +1.43% | |
| 28 | TDG | Transdigm Group Inc | Stock-Industrials | 0.82% | -0.33% | — | |
| 29 | MA | Mastercard Inc - A | Stock-Financials | 0.77% | +0.10% | -4.27% | |
| 30 | SOBO | South Bow CORP | Stock-Other | 0.74% | — | +20.61% | |
| 31 | SE | Sea Ltd-adr | Stock-Comm Services | 0.72% | +0.01% | -2.90% | |
| 32 | LYB | LyondellBasell Industries N.V. | Stock-Materials | 0.66% | -0.78% | -47.81% | |
| 33 | RACE | Ferrari N.V. | Stock-Consumer Disc | 0.56% | -0.06% | +9.68% | |
| 34 | CACI | Caci International Inc -cl A | Stock-Tech | 0.56% | -0.10% | +0.22% | |
| 35 | TJX | Tjx Companies Inc | Stock-Consumer Disc | 0.52% | +0.01% | -13.69% | |
| 36 | AZNN | Astrazeneca Plc-spons Adr | Stock-Other | 0.51% | — | -4.61% | |
| 37 | COF | Capital One Financial CORP | Stock-Financials | 0.51% | +0.12% | -3.33% | |
| 38 | LHX | L3harris Technologies Inc | Stock-Industrials | 0.51% | -0.02% | -0.07% | |
| 39 | MFIC | Midcap Financial Investment | Stock-Other | 0.49% | -0.07% | +6.81% | |
| 40 | PFE | Pfizer Inc | Stock-Healthcare | 0.48% | -0.20% | -86.14% | |
| 41 | MRX | Marex Group plc | Stock-Other | 0.46% | -0.03% | +27.55% | |
| 42 | NVO | Novo-nordisk A/s-spons Adr | Stock-Healthcare | 0.39% | — | -33.83% | |
| 43 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.38% | — | -0.35% | |
| 44 | ELME | Elme Communities | Stock-Other | 0.35% | — | -20.25% | |
| 45 | BKNG | Booking Holdings Inc | Stock-Consumer Disc | 0.34% | +0.05% | -10.23% | |
| 46 | ANET | Arista Networks Inc | Stock-Tech | 0.31% | -0.02% | +13.38% | |
| 47 | CWST | Casella Waste Systems Inc-a | Stock-Industrials | 0.31% | -0.17% | EXIT | |
| 48 | VRT | Vertiv Holdings Co-a | Stock-Industrials | 0.28% | -0.24% | -19.13% | |
| 49 | SHOP | Shopify Inc - Class A | Stock-Tech | 0.27% | -0.02% | -18.27% | |
| 50 | ADBE | Adobe Inc | Stock-Tech | 0.27% | +0.09% | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | C | Citigroup Inc | +2.8% | -0.55% | Add |
| 2 | AVGO | Broadcom Inc | +2.5% | -16.66% | Trim |
| 3 | CP | Canadian Pacific Kansas City | +0.7% | +12.24% | Add |
| 4 | TSM | Taiwan Semiconductor-sp Adr | +0.6% | -6.23% | Trim |
| 5 | GOOGL | Alphabet Inc-cl A | +0.6% | -3.48% | Add |
| 6 | BZ | Kanzhun LTD - Adr | +0.5% | -17.42% | Add |
| 7 | SOBO | South Bow CORP | +0.5% | +20.61% | Add |
| 8 | BABA | Alibaba Group Holding-sp Adr | +0.4% | +14.30% | Add |
| 9 | TRP | Tc Energy CORP | +0.3% | +4.32% | Add |
| 10 | ABBV | Abbvie Inc | +0.3% | +25.50% | Add |
| 11 | CSCO | Cisco Systems Inc | +0.2% | +6.69% | Add |
| 12 | ✓ | Ferrovial Se | +0.2% | +0.28% | Add |
| 13 | RF | Regions Financial CORP | +0.2% | +0.62% | Add |
| 14 | ENB | Enbridge Inc | +0.1% | — | Unchanged |
| 15 | LHX | L3harris Technologies Inc | +0.1% | -0.07% | Trim |
| 16 | HD | Home Depot Inc | +0.1% | +0.62% | Add |
| 17 | CACI | Caci International Inc -cl A | +0.1% | +0.22% | Trim |
| 18 | MRX | Marex Group plc | +0.1% | +27.55% | Add |
| 19 | CME | Cme Group Inc | +0.1% | +7.74% | Add |
| 20 | P | Everpure Inc-a | +0.1% | -6.39% | Trim |
| 21 | CMCSA 2 10-15-29Bond | Comcast Holdings CORP | +0.1% | — | Add |
| 22 | TLN | Talen Energy CORP | +0.1% | -11.05% | Trim |
| 23 | SHOP | Shopify Inc - Class A | +0.1% | -18.27% | Trim |
| 24 | ITT | Itt Inc | +0.1% | +27.71% | Add |
| 25 | BAP | Credicorp Ltd. | +0.1% | -9.94% | Add |
| 26 | TBBB | BBB Foods Inc. | +0.1% | -5.15% | Add |
| 27 | VRT | Vertiv Holdings Co-a | +0.1% | -19.13% | Trim |
| 28 | SE | Sea Ltd-adr | +0.1% | -2.90% | Trim |
| 29 | RACE | Ferrari N.V. | +0.1% | +9.68% | Add |
| 30 | AGYS | Agilysys Inc | +0.1% | -3.13% | Trim |
| 31 | MYRG | Myr Group Inc/delaware | +0.1% | -15.23% | Trim |
| 32 | ING | Ing Groep N.v.-sponsored Adr | +0.1% | +2.16% | Add |
| 33 | TCOM | Trip.com Group Ltd-adr | +0.1% | +36.53% | Add |
| 34 | NU | Nu Holdings Ltd. | 0% | -13.46% | Trim |
| 35 | COHR | Coherent CORP | 0% | -10.82% | Trim |
| 36 | THC | Tenet Healthcare CORP | 0% | -3.38% | Trim |
| 37 | CRDO | Credo Technology Group Holding Ltd | 0% | -35.57% | Trim |
| 38 | AGX | Argan Inc | 0% | -3.33% | Trim |
| 39 | COF | Capital One Financial CORP | 0% | -3.33% | Trim |
| 40 | ASML | ASML Holding N.V. | 0% | -9.10% | Trim |
| 41 | MUFG | Mitsubishi Ufj Finl-spon Adr | 0% | +2.36% | Add |
| 42 | STKL | Sunopta Inc | 0% | +12.39% | Add |
| 43 | DTM | Dt Midstream Inc | 0% | -0.42% | Add |
| 44 | RMBS | Rambus Inc | 0% | -20.93% | Trim |
| 45 | EFA | Ishares Msci Eafe ETF | 0% | +46.86% | Add |
| 46 | LIN | Linde plc | 0% | +6.00% | Add |
| 47 | META | Meta Platforms Inc-class A | 0% | -6.91% | Trim |
| 48 | MELI | Mercadolibre Inc | 0% | -2.51% | Trim |
| 49 | SONY | Sony Group CORP - Sp Adr | 0% | +1.49% | Add |
| 50 | AMD | Advanced Micro Devices | 0% | -2.18% | Trim |
According to official SEC Form 13F filings, Thornburg Investment Management Inc reported a total U.S. public equity portfolio value of $10.5B across 176 disclosed positions in Q3 2025.
Expert Analysis & Guides for Tracking Wall Street Smart Money Movements
Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
In terms of portfolio concentration, the top 5 core holdings (including C, T, AVGO) accounted for 28.1% of total reported equity market value during Q3 2025.
Top New Position Initiated
TDG
市值: $62.8M
Top Position Liquidated / Trimmed
STVN
前期市值: $226.6M
During Q3 2025, Thornburg Investment Management Inc's top holdings by market value included C (10.6%)、T (10.4%)、AVGO (9.5%). The largest single position, C, represented 10.6% of total portfolio value.
In Q3 2025, Thornburg Investment Management Inc made 191 total portfolio adjustments, initiating 18 new buys, adding to 48 positions, trimming 98 holdings, and fully liquidating 27 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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