CHIEF COMPLIANCE OFFICER

0001567619-20-002463.txt : 20200210 0001567619-20-002463.hdr.sgml : 20200210 20200207180539 ACCESSION NUMBER: 0001567619-20-002463 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200210 DATE AS OF CHANGE: 20200207 EFFECTIVENESS DATE: 20200210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: THORNBURG INVESTMENT MANAGEMENT INC CENTRAL INDEX KEY: 0001145020 IRS NUMBER: 850301299 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06605 FILM NUMBER: 20588724 BUSINESS ADDRESS: STREET 1: 2300 NORTH RIDGETOP ROAD CITY: SANTA FE STATE: NM ZIP: 87506-8361 BUSINESS PHONE: 5059840200 MAIL ADDRESS: STREET 1: 2300 NORTH RIDGETOP ROAD CITY: SANTA FE STATE: NM ZIP: 87506-8361 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001145020 XXXXXXXX 12-31-2019 12-31-2019 THORNBURG INVESTMENT MANAGEMENT INC

2300 NORTH RIDGETOP ROAD SANTA FE NM 87506-8361

13F HOLDINGS REPORT 028-06605 N STEPHEN VELIE CHIEF COMPLIANCE OFFICER 5056037015 Stephen Velie santa fe NM 02-07-2020 0 172 10397123 false INFORMATION TABLE 2 form13fInfoTable.xml 21VIANET GROUP INC-ADR SPONSORED ADS A 90138A103 45 6274 SH SOLE 6274 0 0 ABB LTD-SPON ADR SPONSORED ADR 000375204 10105 419475 SH SOLE 413444 0 6031 ALIBABA GROUP HOLDING-SP ADR SPONSORED ADS 01609W102 465119 2192925 SH SOLE 2176501 0 16424 ANHEUSER-BUSCH INBEV-SPN ADR SPONSORED ADR 03524A108 170 2076 SH SOLE 2076 0 0 ASML HOLDING NV-NY REG SHS N Y REGISTRY SHS N07059210 14548 49159 SH SOLE 48358 0 801 ASTRAZENECA PLC-SPONS ADR SPONSORED ADR 046353108 38054 763226 SH SOLE 750637 0 12589 AZUL SA-ADR SPONSR ADR PFD 05501U106 18256 426544 SH SOLE 426544 0 0 BARCLAYS PLC-SPONS ADR ADR 06738E204 12366 1298989 SH SOLE 1279885 0 19104 CHINA MOBILE LTD-SPON ADR SPONSORED ADR 16941M109 8188 193708 SH SOLE 115755 0 77953 DOUYU INTERNATIONAL HOLD-ADR SPONSORED ADS 25985W105 6645 784483 SH SOLE 778462 0 6021 ERICSSON (LM) TEL-SP ADR ADR B SEK 10 294821608 11381 1296194 SH SOLE 1277581 0 18613 FOMENTO ECONOMICO MEX-SP ADR SPON ADR UNITS 344419106 66510 703730 SH SOLE 699747 0 3983 FRESENIUS MEDICAL CARE-ADR SPONSORED ADR 358029106 23696 643381 SH SOLE 632602 0 10779 GDS HOLDINGS LTD - ADR SPONSORED ADS 36165L108 98075 1901411 SH SOLE 1898974 0 2437 GREENTREE HOSPITALITY GR-ADR SPONSORED ADS 39579V100 715 64976 SH SOLE 64976 0 0 GRUPO AEROPORTUARIO PAC-ADR SPON ADR B 400506101 327 2758 SH SOLE 2758 0 0 HDFC BANK LTD-ADR SPONSORED ADS 40415F101 1310 20676 SH SOLE 20676 0 0 HUAZHU GROUP LTD-ADR SPONSORED ADS 44332N106 27872 695572 SH SOLE 693739 0 1833 HUYA INC-ADR ADS REP SHS A 44852D108 21985 1224776 SH SOLE 1216653 0 8123 ICICI BANK LTD-SPON ADR ADR 45104G104 18680 1237893 SH SOLE 1237893 0 0 ING GROEP N.V.-SPONSORED ADR SPONSORED ADR 456837103 13834 1148085 SH SOLE 1130917 0 17168 ORANGE-SPON ADR SPONSORED ADR 684060106 7056 483648 SH SOLE 476625 0 7023 PETROLEO BRASIL-SP PREF ADR SP ADR NON VTG 71654V101 552 36989 SH SOLE 36989 0 0 PETROLEO BRASILEIRO-SPON ADR SPONSORED ADR 71654V408 27167 1704327 SH SOLE 1704327 0 0 QUIMICA Y MINERA CHIL-SP ADR SPON ADR SER B 833635105 19028 712927 SH SOLE 712927 0 0 ROYAL DUTCH SHELL-SPON ADR-A SPONS ADR A 780259206 482424 8179458 SH SOLE 8170965 0 8493 RYANAIR HOLDINGS PLC-SP ADR SPONSORED ADS 783513203 119442 1363334 SH SOLE 1359736 0 3598 SAP SE-SPONSORED ADR SPON ADR 803054204 12462 93009 SH SOLE 91668 0 1341 SEA LTD-ADR SPONSORED ADS 81141R100 41804 1039384 SH SOLE 1039384 0 0 TAIWAN SEMICONDUCTOR-SP ADR SPONSORED ADS 874039100 30145 518842 SH SOLE 511329 0 7513 TAL EDUCATION GROUP- ADR SPONSORED ADS 874080104 72109 1496032 SH SOLE 1487235 0 8797 TAL EDUCATION GROUP- ADR SPONSORED ADS 874080104 952 19746 SH SOLE 19746 0 0 TRIP.COM GROUP LTD-ADR ADS 89677Q107 47863 1427030 SH SOLE 1423786 0 3244 UNILEVER N V -NY SHARES N Y SHS NEW 904784709 33793 588106 SH SOLE 586386 0 1720 VODAFONE GROUP PLC-SP ADR SPONSORED ADR 92857W308 10408 538424 SH SOLE 530708 0 7716 SUNCOR ENERGY INC COM 867224107 148 4529 SH SOLE 4529 0 0 ABBVIE INC COM 00287Y109 242627 2740312 SH SOLE 2740312 0 0 ACCENTURE PLC-CL A SHS CLASS A G1151C101 7426 35266 SH SOLE 35266 0 0 ACTIVISION BLIZZARD INC COM 00507V109 138458 2330153 SH SOLE 2252237 0 77916 ALCON INC ORD SHS H01301128 7317 129341 SH SOLE 127442 0 1899 ALEXION PHARMACEUTICALS INC COM 015351109 10532 97386 SH SOLE 97386 0 0 ALKERMES PLC SHS G01767105 29137 1428298 SH SOLE 1368086 0 60212 ALLERGAN PLC SHS G0177J108 12791 66911 SH SOLE 66911 0 0 ALPHABET INC-CL A CAP STK CL A 02079K305 93065 69483 SH SOLE 69483 0 0 ALPHABET INC-CL C CAP STK CL C 02079K107 112100 83843 SH SOLE 80325 0 3518 AMAZON.COM INC COM 023135106 58266 31532 SH SOLE 31532 0 0 APOLLO INVESTMENT CORP COM NEW 03761U502 102636 5878349 SH SOLE 5878349 0 0 APPLE INC COM 037833100 57596 196138 SH SOLE 187433 0 8705 ARES CAPITAL CORP COM 04010L103 79562 4266085 SH SOLE 4266085 0 0 ASSURED GUARANTY LTD COM G0585R106 60839 1241104 SH SOLE 1172515 0 68589 AT&T INC COM 00206R102 54129 1385086 SH SOLE 1385086 0 0 ATLASSIAN CORP PLC-CLASS A CL A G06242104 27724 230383 SH SOLE 229218 0 1165 AVALARA INC COM 05338G106 11207 152995 SH SOLE 152995 0 0 BANK OF N.T. BUTTERFIELD&SON SHS NEW G0772R208 1618 43693 SH SOLE 43693 0 0 BOOKING HOLDINGS INC COM 09857L108 31899 15532 SH SOLE 15532 0 0 BOSTON SCIENTIFIC CORP COM 101137107 277 6135 SH SOLE 6135 0 0 BRINK'S CO/THE COM 109696104 16014 176598 SH SOLE 176598 0 0 BROADCOM INC COM 11135F101 314430 994968 SH SOLE 994968 0 0 BROOKFIELD ASSET MANAGE-CL A CL A LTD VT SH 112585104 36909 638557 SH SOLE 598844 0 39713 CANADIAN PACIFIC RAILWAY LTD COM 13645T100 79951 313595 SH SOLE 312715 0 880 CAPITAL ONE FINANCIAL CORP COM 14040H105 134494 1306908 SH SOLE 1268233 0 38675 CAPRI HOLDINGS LTD SHS G1890L107 15136 396752 SH SOLE 370003 0 26749 CARGURUS INC COM CL A 141788109 209 5955 SH SOLE 5955 0 0 CARMAX INC COM 143130102 34426 392675 SH SOLE 377538 0 15137 CENTURYLINK INC COM 156700106 30 2237 SH SOLE 2237 0 0 CF INDUSTRIES HOLDINGS INC COM 125269100 40082 839580 SH SOLE 839580 0 0 CITIGROUP INC COM NEW 172967424 191863 2401590 SH SOLE 2363859 0 37731 CME GROUP INC COM 12572Q105 569073 2835158 SH SOLE 2835158 0 0 COMCAST CORP-CLASS A CL A 20030N101 88328 1964158 SH SOLE 1883468 0 80690 COOPER COS INC/THE COM NEW 216648402 41089 127889 SH SOLE 124683 0 3206 COPA HOLDINGS SA-CLASS A CL A P31076105 15532 143706 SH SOLE 143706 0 0 CREDICORP LTD COM G2519Y108 12445 58391 SH SOLE 58391 0 0 CROWN HOLDINGS INC COM 228368106 79448 1095233 SH SOLE 1034554 0 60679 DAVITA INC COM 23918K108 74084 987388 SH SOLE 987388 0 0 DEVON ENERGY CORP COM 25179M103 23813 916950 SH SOLE 916749 0 201 DEXCOM INC COM 252131107 6505 29740 SH SOLE 29740 0 0 ECHOSTAR CORP-A CL A 278768106 38342 885281 SH SOLE 885281 0 0 ENTERPRISE PRODUCTS PARTNERS COM 293792107 42223 1499396 SH SOLE 1398023 0 101373 EXPEDIA GROUP INC COM NEW 30212P303 7634 70595 SH SOLE 70595 0 0 FACEBOOK INC-CLASS A CL A 30303M102 147910 720633 SH SOLE 710830 0 9803 FIAT CHRYSLER AUTOMOBILES NV SHS N31738102 1520 103468 SH SOLE 103468 0 0 FIDELITY NATIONAL INFO SERV COM 31620M106 34209 245948 SH SOLE 243570 0 2378 FLEETCOR TECHNOLOGIES INC COM 339041105 11342 39422 SH SOLE 39422 0 0 FLEX LTD ORD Y2573F102 23497 1861919 SH SOLE 1674656 0 187263 FLOOR & DECOR HOLDINGS INC-A CL A 339750101 6574 129390 SH SOLE 129390 0 0 FORTIS INC COM 349553107 19223 462988 SH SOLE 436451 0 26537 FRANCO-NEVADA CORP COM 351858105 38274 370511 SH SOLE 369828 0 683 GILEAD SCIENCES INC COM 375558103 53488 823138 SH SOLE 781355 0 41783 GLOBANT SA COM L44385109 6327 59663 SH SOLE 59663 0 0 HOME DEPOT INC COM 437076102 336610 1541398 SH SOLE 1541398 0 0 HUNTSMAN CORP COM 447011107 41984 1737757 SH SOLE 1626130 0 111627 IPG PHOTONICS CORP COM 44980X109 16253 112154 SH SOLE 112154 0 0 ITT INC COM 45073V108 19264 260640 SH SOLE 236645 0 23995 JPMORGAN CHASE & CO COM 46625H100 558559 4006878 SH SOLE 3967832 0 39046 KLA CORP COM NEW 482480100 196 1100 SH SOLE 1100 0 0 LAS VEGAS SANDS CORP COM 517834107 272595 3948362 SH SOLE 3948362 0 0 LAZARD LTD-CL A SHS A G54050102 24711 618400 SH SOLE 618400 0 0 LIONS GATE ENTERTAINMENT-B CL B NON VTG 535919500 3062 308375 SH SOLE 308375 0 0 LOCKHEED MARTIN CORP COM 539830109 436 1120 SH SOLE 1120 0 0 LYONDELLBASELL INDU-CL A SHS - A - N53745100 180465 1910092 SH SOLE 1910092 0 0 MAKEMYTRIP LTD SHS V5633W109 141 6149 SH SOLE 6149 0 0 MASTERCARD INC - A CL A 57636Q104 57404 192250 SH SOLE 190945 0 1305 MEDTRONIC PLC SHS G5960L103 63179 556892 SH SOLE 529440 0 27452 MERCADOLIBRE INC COM 58733R102 208 364 SH SOLE 364 0 0 MERCK & CO. INC. COM 58933Y105 332024 3650620 SH SOLE 3650620 0 0 MICRON TECHNOLOGY INC COM 595112103 62504 1162213 SH SOLE 1155544 0 6669 MICROSOFT CORP COM 594918104 27572 174840 SH SOLE 174840 0 0 MOHAWK INDUSTRIES INC COM 608190104 17884 131130 SH SOLE 124218 0 6912 NAVIENT CORP COM 63938C108 23282 1701932 SH SOLE 1631492 0 70440 NETFLIX INC COM 64110L106 94285 291390 SH SOLE 284511 0 6879 NEXTERA ENERGY INC COM 65339F101 444 1832 SH SOLE 1832 0 0 NOMAD FOODS LTD USD ORD SHS G6564A105 75711 3384509 SH SOLE 3179796 0 204713 NUTRIEN LTD COM 67077M108 78306 1634440 SH SOLE 1632109 0 2331 PAYPAL HOLDINGS INC COM 70450Y103 16204 149804 SH SOLE 149804 0 0 PFIZER INC COM 717081103 118363 3021002 SH SOLE 3021002 0 0 PINTEREST INC- CLASS A CL A 72352L106 2098 112553 SH SOLE 112553 0 0 PLURALSIGHT INC - A COM CL A 72941B106 6214 361089 SH SOLE 361089 0 0 PROOFPOINT INC COM 743424103 9386 81770 SH SOLE 81770 0 0 PTC INC COM 69370C100 9782 130616 SH SOLE 130616 0 0 PURE STORAGE INC - CLASS A CL A 74624M102 37771 2207548 SH SOLE 2072955 0 134593 QORVO INC COM 74736K101 90450 778197 SH SOLE 778197 0 0 QUALCOMM INC COM 747525103 340961 3864459 SH SOLE 3864459 0 0 SALESFORCE.COM INC COM 79466L302 20522 126179 SH SOLE 126179 0 0 SCHWAB (CHARLES) CORP COM 808513105 12447 261710 SH SOLE 261710 0 0 SEASPAN CORP SHS Y75638109 1688 118760 SH SOLE 118760 0 0 SERVICENOW INC COM 81762P102 13908 49262 SH SOLE 49262 0 0 SOLAR CAPITAL LTD COM 83413U100 95132 4613589 SH SOLE 4613589 0 0 SPLUNK INC COM 848637104 15529 103684 SH SOLE 103684 0 0 SQUARE INC - A CL A 852234103 14470 231290 SH SOLE 231290 0 0 STARBUCKS CORP COM 855244109 32855 373692 SH SOLE 357180 0 16512 T-MOBILE US INC COM 872590104 79554 1014466 SH SOLE 1014466 0 0 TEEKAY CORP COM Y8564W103 869 163429 SH SOLE 163429 0 0 TEEKAY LNG PARTNERS LP PRTNRSP UNITS Y8564M105 51774 3327392 SH SOLE 3240658 0 86734 TEXAS INSTRUMENTS INC COM 882508104 8823 68774 SH SOLE 68774 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 90874 279724 SH SOLE 263917 0 15807 UBS GROUP AG-REG SHS H42097107 8469 673192 SH SOLE 662848 0 10344 UNITED PARCEL SERVICE-CL B CL B 911312106 32968 281631 SH SOLE 268072 0 13559 US FOODS HOLDING CORP COM 912008109 89288 2131488 SH SOLE 2023296 0 108192 VALERO ENERGY CORP COM 91913Y100 219896 2348057 SH SOLE 2348057 0 0 VISA INC-CLASS A SHARES COM CL A 92826C839 84096 447559 SH SOLE 445472 0 2087 WALGREENS BOOTS ALLIANCE INC COM 931427108 293781 4982713 SH SOLE 4982713 0 0 WELLS FARGO & CO COM 949746101 1178 21894 SH SOLE 21894 0 0 WORKDAY INC-CLASS A CL A 98138H101 12599 76612 SH SOLE 76612 0 0 WYNDHAM HOTELS & RESORTS INC COM 98311A105 37723 600591 SH SOLE 553847 0 46744 WYNN RESORTS LTD COM 983134107 529 3811 SH SOLE 3811 0 0 XP INC - CLASS A CL A G98239109 10499 272547 SH SOLE 272547 0 0 YANDEX NV-A SHS CLASS A N97284108 65113 1497191 SH SOLE 1488911 0 8280 ZILLOW GROUP INC - C CL C CAP STK 98954M200 32886 715842 SH SOLE 685584 0 30258 ZOOM VIDEO COMMUNICATIONS-A CL A 98980L101 2674 39296 SH SOLE 39296 0 0 INVESCO DB AGRICULTURE FUND AGRICULTURE FD 46140H106 186 11207 SH SOLE 11207 0 0 INVESCO DB BASE METALS FUND BASE METALS FD 46140H700 443 29684 SH SOLE 29684 0 0 INVESCO QQQ TRUST SERIES 1 UNIT SER 1 46090E103 24 114 SH SOLE 114 0 0 INVESCO SENIOR LOAN ETF SR LN ETF 46138G508 1765 77325 SH SOLE 77325 0 0 ISHARES MSCI ACWI EX US INDX MSCI ACWI EX US 464288240 18420 375010 SH SOLE 372881 0 2129 ISHARES MSCI EAFE ETF MSCI EAFE ETF 464287465 7690 110737 SH SOLE 109939 0 798 ISHARES SHORT-TERM CORPORATE SH TR CRPORT ETF 464288646 1155 21533 SH SOLE 21533 0 0 SPDR GOLD SHARES GOLD SHS 78463V107 503 3519 SH SOLE 3519 0 0 SPDR S&P 500 ETF TRUST TR UNIT 78462F103 1277 3969 SH SOLE 3969 0 0 UNITED STATES OIL FUND LP UNITS 91232N108 268 20890 SH SOLE 20890 0 0 VANGUARD EUROPE PACIFIC ETF FTSE DEV MKT ETF 921943858 265 6025 SH SOLE 6025 0 0 VANGUARD FTSE ALL-WORLD EX-U ALLWRLD EX US 922042775 346 6434 SH SOLE 6434 0 0 VANGUARD TOTAL INTL STOCK VG TL INTL STK F 921909768 30 538 SH SOLE 538 0 0 CHIMERA INVESTMENT CORP COM NEW 16934Q208 177299 8623507 SH SOLE 8623507 0 0 CROWN CASTLE INTL CORP COM 22822V101 195454 1374984 SH SOLE 1374984 0 0 CYRUSONE INC COM 23283R100 1060 16205 SH SOLE 16205 0 0 EQUINIX INC COM 29444U700 419 717 SH SOLE 717 0 0 GRANITE POINT MORTGAGE TRUST COM 38741L107 26054 1417500 SH SOLE 1417500 0 0 LAMAR ADVERTISING CO-A CL A 512816109 144838 1622656 SH SOLE 1622656 0 0 MFA FINANCIAL INC COM 55272X102 250512 32746727 SH SOLE 32746727 0 0 OUTFRONT MEDIA INC COM 69007J106 80892 3016100 SH SOLE 3016100 0 0 PENNYMAC MORTGAGE INVESTMENT COM 70931T103 41031 1840770 SH SOLE 1745158 0 95612 WASHINGTON REIT SH BEN INT 939653101 91876 3148587 SH SOLE 3148587 0 0