THORNBURG INVESTMENT MANAGEMENT INC Information

2300 NORTH RIDGETOP ROAD, SANTA FE, New Mexico, 87506-8361, (505) 984-0200

Report Date: 12/31/2014

Position Statistics

Total Positions 344
New Positions 34
Increased Positions 117
Decreased Positions 195
Positions with Activity 312
Sold Out Positions 42
Total Mkt Value (in $ millions) 20,720

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.86%
Capital Goods 1.37%
Conglomerates
Consumer Cyclical 2.63%
Consumer/Non-Cyclical 4.51%
Energy 6.66%
Financial 17.88%
Healthcare 7.83%
Services 27%
Technology 14.43%
Transportation 2.1%
Utilities 3.74%

312 Activity Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
JPMORGAN CHASE & CO COM 752,881 -9,639 (1.26) 11,835,885
ROYAL DUTCH SHELL PLC SPONS ADR A 514,429 127,577 32.98 8,096,142
LIBERTY GLOBAL PLC SHS CL C 486,131 -137,255 (22.02) 9,456,875
NXP SEMICONDUCTORS N V COM 410,407 -34,215 (7.7) 4,063,835
CME GROUP INC COM 400,714 70,156 21.22 4,414,118
BAIDU INC SPON ADR REP A 400,370 -77,740 (16.26) 1,977,429
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 358,957 28,562 8.65 10,276,474
AMERICA MOVIL SAB DE CV SPON ADR L SHS 355,210 -411 (0.12) 17,085,627
PERRIGO CO PLC SHS 354,258 13,024 3.82 1,901,953
ALIBABA GROUP HLDG LTD SPONSORED ADS 342,831 -37,884 (9.95) 4,223,622
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 342,597 -162,261 (32.14) 13,847,909
WALGREENS BOOTS ALLIANCE INC COM 332,561 -75,444 (18.49) 3,984,675
HOME DEPOT INC COM 321,913 40,116 14.24 2,938,504
GILEAD SCIENCES INC COM 304,392 -63,866 (17.34) 2,898,695
SCHLUMBERGER LTD COM 297,393 -147,129 (33.1) 3,197,779
ACTAVIS PLC SHS 295,143 -302,267 (50.6) 1,018,647
VALEANT PHARMACEUTICALS INTL I COM 274,620 -10,521 (3.69) 1,231,368
PFIZER INC COM 259,881 -15,683 (5.69) 7,625,614
INTEL CORP COM 254,854 -18,424 (6.74) 7,625,807
APPLE INC COM 250,337 -84,139 (25.16) 1,941,348