THORNBURG INVESTMENT MANAGEMENT INC quarter change: USA Stocks, Reduced
In share positions in stocks (listed in the US), from the quarter ended 2026-03-31 to 2026-06-30, THORNBURG INVESTMENT MANAGEMENT INC opened 8 positions, added to 59, reduced 37, sold out of 36 and left 9 unchanged. The largest increase in value was KMB (+$632,372,676); the largest decrease was TTE (-$170,885,274).
- C: Country of operation United States; Class COM NEW; Shares 2026-03-31 7,988,210; Shares 2026-06-30 7,546,686.
- CSCO: Country of operation United States; Class COM; Shares 2026-03-31 2,914,333; Shares 2026-06-30 2,715,962.
- CME: Country of operation United States; Class COM; Shares 2026-03-31 1,145,442; Shares 2026-06-30 1,132,435.
- LYB: Country of operation —; Class SHS - A -; Shares 2026-03-31 977,081; Shares 2026-06-30 82,904.
Two Form 13F-HR filings compared (SEC CIK 1145020): 2026-03-31 (filed 2026-05-12) and 2026-06-30 (filed 2026-08-13). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.
| Stock | Country of operation | Class | Shares 2026-03-31 | Shares 2026-06-30 | Share change | Value 2026-03-31 | Value 2026-06-30 | Value change |
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C
CITIGROUP INC | United States | COM NEW | 7,988,210 | 7,546,686 | -441,524 | $905,942,896 | $1,056,234,173 | +$150,291,277 |
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CSCO
CISCO SYS INC | United States | COM | 2,914,333 | 2,715,962 | -198,371 | $226,123,097 | $319,016,897 | +$92,893,800 |
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CME
CME GROUP INC | United States | COM | 1,145,442 | 1,132,435 | -13,007 | $338,306,295 | $250,075,621 | -$88,230,674 |
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LYB
LYONDELLBASELL INDUSTRIES NV | | SHS - A - | 977,081 | 82,904 | -894,177 | $78,713,645 | $4,364,896 | -$74,348,749 |
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AVGO
BROADCOM INC | United States | COM | 2,083,646 | 1,830,149 | -253,497 | $644,909,273 | $691,338,785 | +$46,429,512 |
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TDG
TRANSDIGM GROUP INC | United States | COM | 29,662 | 2,425 | -27,237 | $34,377,072 | $3,230,197 | -$31,146,875 |
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AMD
ADVANCED MICRO DEVICES INC | United States | COM | 122,568 | 84,425 | -38,143 | $24,934,008 | $49,043,327 | +$24,109,319 |
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VRT
VERTIV HOLDINGS CO | United States | COM CL A | 115,016 | 20,161 | -94,855 | $28,820,709 | $6,750,306 | -$22,070,403 |
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FTI
TECHNIPFMC PLC | United Kingdom | COM | 333,174 | 27,838 | -305,336 | $23,032,319 | $1,845,659 | -$21,186,660 |
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ALC
ALCON AG | | ORD SHS | 1,708,677 | 1,632,356 | -76,321 | $128,416,479 | $109,653,266 | -$18,763,213 |
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PFE
PFIZER INC | United States | COM | 2,242,186 | 1,970,004 | -272,182 | $62,960,583 | $47,437,696 | -$15,522,887 |
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CP
CANADIAN PACIFIC KANSAS CITY | | COM | 2,028,713 | 2,017,847 | -10,866 | $159,578,565 | $174,846,443 | +$15,267,878 |
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ITT
ITT INC | United States | COM | 77,958 | 16,044 | -61,914 | $14,853,338 | $3,172,861 | -$11,680,477 |
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CRDO
CREDO TECHNOLOGY GROUP HOLDI | Cayman Islands | ORDINARY SHARES | 49,584 | 47,952 | -1,632 | $4,654,450 | $13,040,546 | +$8,386,096 |
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HD
HOME DEPOT INC | United States | COM | 521,009 | 464,895 | -56,114 | $171,354,650 | $163,959,169 | -$7,395,481 |
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FER
FERROVIAL NV | | ORD SHS | 1,739,341 | 1,712,697 | -26,644 | $111,597,085 | $117,347,173 | +$5,750,088 |
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AGX
ARGAN INC | United States | COM | 24,848 | 9,843 | -15,005 | $13,533,463 | $7,860,128 | -$5,673,335 |
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LIN
LINDE PLC | United Kingdom | SHS | 274,372 | 270,794 | -3,578 | $135,407,393 | $140,698,033 | +$5,290,640 |
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SN
SHARKNINJA INC | United States | COM SHS | 169,821 | 85,212 | -84,609 | $17,984,044 | $12,975,231 | -$5,008,813 |
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BLDR
BUILDERS FIRSTSOURCE INC | United States | COM | 179,104 | 108,892 | -70,212 | $14,745,632 | $9,743,656 | -$5,001,976 |
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INSM
INSMED INC | United States | COM PAR $.01 | 38,337 | 18,413 | -19,924 | $6,268,866 | $1,963,194 | -$4,305,672 |
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MELI
MERCADOLIBRE INC | | COM | 31,022 | 29,450 | -1,572 | $53,637,658 | $49,988,136 | -$3,649,522 |
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COHR
COHERENT CORP | United States | COM | 74,771 | 53,333 | -21,438 | $17,811,200 | $21,038,269 | +$3,227,069 |
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CYTK
CYTOKINETICS INC | United States | COM NEW | 83,190 | 31,133 | -52,057 | $5,483,053 | $2,652,220 | -$2,830,833 |
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RACE
FERRARI N V | | COM | 96,042 | 79,745 | -16,297 | $32,505,415 | $29,688,266 | -$2,817,149 |
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AMZN
AMAZON COM INC | United States | COM | 23,677 | 10,535 | -13,142 | $4,931,209 | $2,510,912 | -$2,420,297 |
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CLBT
CELLEBRITE DI LTD | | ORDINARY SHARES | 811,748 | 618,857 | -192,891 | $11,185,888 | $9,035,312 | -$2,150,576 |
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MMYT
MAKEMYTRIP LIMITED MAURITIUS | | SHS | 302,535 | 185,032 | -117,503 | $11,281,530 | $9,860,355 | -$1,421,175 |
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TW
TRADEWEB MKTS INC | United States | CL A | 32,066 | 24,505 | -7,561 | $3,772,886 | $2,442,168 | -$1,330,718 |
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NU
NU HLDGS LTD | | ORD SHS CL A | 840,203 | 811,444 | -28,759 | $12,073,717 | $10,840,892 | -$1,232,825 |
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SAIA
SAIA INC | United States | COM | 10,180 | 5,850 | -4,330 | $3,576,030 | $2,463,786 | -$1,112,244 |
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ANET
ARISTA NETWORKS INC | United States | COM SHS | 168,348 | 115,902 | -52,446 | $20,669,767 | $19,689,432 | -$980,335 |
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TRU
TRANSUNION | United States | COM | 151,605 | 138,545 | -13,060 | $10,489,550 | $9,994,636 | -$494,914 |
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SITM
SITIME CORP | United States | COM | 21,207 | 9,397 | -11,810 | $7,323,837 | $7,006,027 | -$317,810 |
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LBRT
LIBERTY ENERGY INC | United States | COM CL A | 60,352 | 55,208 | -5,144 | $1,738,138 | $1,445,898 | -$292,240 |
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BAP
CREDICORP LTD | | COM | 40,584 | 34,945 | -5,639 | $13,765,281 | $13,613,873 | -$151,408 |
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NVDA
NVIDIA CORPORATION | United States | COM | 10,105 | 9,316 | -789 | $1,762,312 | $1,864,039 | +$101,727 |
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