THOMPSON INVESTMENT MANAGEMENT, INC.

MADISON, WI · CIK 1277279 · 13F filing filed 2026-07-13

SEC-registered investment adviser since 2003 · corporation

Assets managed$3.1bn
Staff17 · 6 in investment roles
Main clients (by assets)Mutual funds and ETFs 70%, High net worth individuals 22%, Pension plans 3%
Websitethompsonim.com
Form ADV · 2026-09-11SEC adviser record

Legal entityTHOMPSON INVESTMENT MANAGEMENT, INC. (US)

Kindmutual funds
Others nearbyMadison, WI

$871.6m reported value +12.7% vs Q1 2026

504positions

23.6%in top 10

22 new 96 added 79 reduced 17 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ALPHABET INC CAP STK CL A GOOGL	GOOGL	132,756	$47.4m5.44%	5.44%	Reduced -10.5k	-10,537 -7.3%
2	MICROSOFT CORP COM MSFT	MSFT	77,238	$28.8m3.31%	3.31%	Added +6.2k	+6,181 8.7%
3	EXXON MOBIL CORP COM XOM	XOM	150,664	$20.6m2.36%	2.36%	Added +93	+93 0.1%
4	CITIGROUP INC COM NEW C	C	133,704	$18.7m2.15%	2.15%	Reduced -6.4k	-6,434 -4.6%
5	VIATRIS INC COM VTRS	VTRS	1,091,367	$17.3m1.99%	1.99%	Reduced -13.8k	-13,825 -1.2%
6	CISCO SYS INC COM CSCO	CSCO	128,339	$15.1m1.73%	1.73%	Reduced -19.9k	-19,900 -13.4%
7	KORNIT DIGITAL LTD SHS KRNT	KRNT	907,005	$14.7m1.69%	1.69%	Added +6.6k	+6,559 0.7%
8	QUALCOMM INC COM QCOM	QCOM	79,017	$14.6m1.68%	1.68%	Reduced -16.0k	-16,048 -16.9%
9	LKQ CORP COM LKQ	LKQ	534,842	$14.1m1.62%	1.62%	Added +140.1k	+140,056 35.5%
10	UNITEDHEALTH GROUP INC COM UNH	UNH	33,642	$14.0m1.60%	1.60%	Reduced -8.7k	-8,653 -20.5%
11	JPMORGAN CHASE & CO COM JPM	JPM	42,275	$13.8m1.59%	1.59%	Reduced -42	-42 -0.1%
12	AMN HEALTHCARE SVCS INC COM AMN	AMN	422,381	$13.7m1.57%	1.57%	Reduced -34.6k	-34,639 -7.6%
13	BANK AMERICA CORP COM BAC	BAC	233,039	$13.3m1.52%	1.52%	Reduced -6.0k	-5,963 -2.5%
14	CVS HEALTH CORP COM CVS	CVS	126,036	$13.0m1.50%	1.50%	Reduced -2.1k	-2,146 -1.7%
15	NXP SEMICONDUCTORS N V COM NXPI	NXPI	44,310	$12.5m1.43%	1.43%	Reduced -1.4k	-1,372 -3.0%
16	JOHNSON & JOHNSON COM JNJ	JNJ	48,713	$12.4m1.42%	1.42%	Reduced -17	-17 -0.0%
17	APPLE INC COM AAPL	AAPL	42,622	$12.3m1.42%	1.42%	Reduced -541	-541 -1.2%
18	PEPSICO INC COM PEP	PEP	87,165	$11.8m1.35%	1.35%	Added +9.2k	+9,187 11.8%
19	PERFORMANCE FOOD GROUP CO COM PFGC	PFGC	104,158	$11.6m1.34%	1.34%	Added +539	+539 0.5%
20	TARGET CORP COM TGT	TGT	88,458	$11.6m1.33%	1.33%	Reduced -320	-320 -0.4%
21	META PLATFORMS INC CL A META	META	20,504	$11.5m1.33%	1.33%	Added +876	+876 4.5%
22	PFIZER INC COM PFE	PFE	469,287	$11.3m1.30%	1.30%	Added +5.1k	+5,116 1.1%
23	ALEXANDRIA REAL ESTATE EQ IN COM ARE	ARE	212,431	$11.2m1.29%	1.29%	Added +31.8k	+31,795 17.6%
24	CHEWY INC CL A CHWY	CHWY	559,866	$11.0m1.26%	1.26%	Added +293.9k	+293,904 110.5%
25	EBAY INC. COM EBAY	EBAY	97,165	$10.9m1.25%	1.25%	Reduced -20.6k	-20,581 -17.5%
26	COHERENT CORP COM COHR	COHR	27,175	$10.7m1.23%	1.23%	Reduced -10.8k	-10,787 -28.4%
27	SCHWAB CHARLES CORP COM SCHW	SCHW	115,819	$10.7m1.23%	1.23%	Added +12.9k	+12,902 12.5%
28	PAYPAL HLDGS INC COM PYPL	PYPL	246,784	$10.7m1.22%	1.22%	Added +17.0k	+17,043 7.4%
29	O-I GLASS INC COM OI	OI	1,045,371	$10.1m1.16%	1.16%	Added +281.8k	+281,799 36.9%
30	CONCENTRIX CORP COM CNXC	CNXC	445,441	$10.0m1.15%	1.15%	Added +130.9k	+130,855 41.6%
31	PROCTER AND GAMBLE CO COM PG	PG	64,779	$9.5m1.09%	1.09%	Added +1.0k	+1,033 1.6%
32	GE AEROSPACE COM NEW GE	GE	24,878	$9.3m1.07%	1.07%	Unchanged
33	VISA INC COM CL A V	V	27,042	$9.3m1.06%	1.06%	Added +239	+239 0.9%
34	STATE STR CORP COM STT	STT	54,352	$9.2m1.06%	1.06%	Reduced -4.5k	-4,494 -7.6%
35	ABBVIE INC COM ABBV	ABBV	34,736	$8.7m1.00%	1.00%	Added +2.9k	+2,929 9.2%
36	CITIZENS FINL GROUP INC COM CFG	CFG	118,394	$8.3m0.95%	0.95%	Reduced -704	-704 -0.6%
37	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	90,349	$8.2m0.95%	0.95%	Reduced -2.3k	-2,294 -2.5%
38	PNC FINL SVCS GROUP INC COM PNC	PNC	33,090	$8.1m0.93%	0.93%	Added +12	+12 0.0%
39	INTUIT COM INTU	INTU	30,507	$8.0m0.91%	0.91%	Added +13.9k	+13,905 83.8%
40	WEC ENERGY GROUP INC COM WEC	WEC	67,866	$7.9m0.91%	0.91%	Added +183	+183 0.3%
41	FREEPORT-MCMORAN INC CL B FCX	FCX	125,410	$7.9m0.90%	0.90%	Reduced -273	-273 -0.2%
42	FLAGSTAR FINANCIAL INC COM NEW FLG	FLG	525,323	$7.8m0.90%	0.90%	Added +3.4k	+3,386 0.7%
43	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	21,653	$7.6m0.87%	0.87%	Reduced -2.8k	-2,785 -11.4%
44	VIAVI SOLUTIONS INC COM VIAV	VIAV	157,418	$7.5m0.86%	0.86%	Reduced -62.4k	-62,433 -28.4%
45	THE CIGNA GROUP COM CI	CI	26,780	$7.4m0.85%	0.85%	Added +293	+293 1.1%
46	SMUCKER J M CO COM NEW SJM	SJM	63,515	$7.1m0.82%	0.82%	Added +4.9k	+4,915 8.4%
47	ADOBE INC COM ADBE	ADBE	34,659	$7.1m0.82%	0.82%	Added +6.7k	+6,749 24.2%
48	WORKDAY INC CL A WDAY	WDAY	57,704	$7.1m0.81%	0.81%	New
49	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	55,907	$6.9m0.79%	0.79%	Added +20.6k	+20,590 58.3%
50	GE VERNOVA INC COM GEV	GEV	5,834	$6.9m0.79%	0.79%	Unchanged
51	KIMBERLY-CLARK CORP COM KMB	KMB	62,072	$6.8m0.78%	0.78%	Added +2.9k	+2,852 4.8%
52	AMGEN INC COM AMGN	AMGN	18,002	$6.5m0.75%	0.75%	Added +165	+165 0.9%
53	CHEVRON CORP NEW COM CVX	CVX	38,616	$6.4m0.73%	0.73%	Added +188	+188 0.5%
54	ORACLE CORP COM ORCL	ORCL	43,640	$6.4m0.73%	0.73%	Added +2.2k	+2,250 5.4%
55	ALLIANT ENERGY CORP COM LNT	LNT	83,577	$6.4m0.73%	0.73%	Added +735	+735 0.9%
56	NETFLIX INC COM NFLX	NFLX	87,966	$6.3m0.72%	0.72%	Added +74.7k	+74,746 565.4%
57	FEDEX CORP COM FDX	FDX	19,704	$6.2m0.71%	0.71%	Reduced -312	-312 -1.6%
58	BOEING CO COM BA	BA	28,236	$6.1m0.70%	0.70%	Reduced -25	-25 -0.1%
59	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	105,721	$6.1m0.70%	0.70%	Added +507	+507 0.5%
60	FISERV INC COM FISV	FISV	124,105	$6.1m0.70%	0.70%	Added +11.5k	+11,524 10.2%
61	DISNEY WALT CO COM DIS	DIS	61,855	$6.0m0.68%	0.68%	Added +3.0k	+3,038 5.2%
62	GE HEALTHCARE TECHNOLOGIES I COMMON STOCK GEHC	GEHC	91,535	$5.9m0.67%	0.67%	Added +31.7k	+31,737 53.1%
63	HEALTHEQUITY INC COM HQY	HQY	64,547	$5.8m0.67%	0.67%	Added +566	+566 0.9%
64	REGAL REXNORD CORPORATION COM RRX	RRX	24,265	$5.8m0.66%	0.66%	Reduced -129	-129 -0.5%
65	IQVIA HLDGS INC COM IQV	IQV	29,021	$5.6m0.64%	0.64%	New
66	ISHARES TR CORE US AGGBD ET AGG	AGG	56,395	$5.6m0.64%	0.64%	Added +3.7k	+3,729 7.1%
67	SALESFORCE INC COM CRM	CRM	35,631	$5.6m0.64%	0.64%	Added +5.1k	+5,107 16.7%
68	ANALOG DEVICES INC COM ADI	ADI	13,215	$5.2m0.60%	0.60%	Reduced -7	-7 -0.1%
69	NOMAD FOODS LTD USD ORD SHS NOMD	NOMD	459,980	$5.0m0.58%	0.58%	Added +37.1k	+37,067 8.8%
70	LUMENTUM HLDGS INC COM LITE	LITE	5,787	$5.0m0.57%	0.57%	Reduced -788	-788 -12.0%
71	COOPER COS INC COM COO	COO	66,857	$4.8m0.55%	0.55%	Added +10.6k	+10,626 18.9%
72	ISHARES TR S&P 500 VAL ETF IVE	IVE	19,815	$4.5m0.52%	0.52%	Added +1.1k	+1,086 5.8%
73	GLOBAL PMTS INC COM GPN	GPN	59,892	$4.3m0.50%	0.50%	Added +5.2k	+5,200 9.5%
74	SMITH A O CORP COM AOS	AOS	68,401	$4.3m0.49%	0.49%	Added +12.2k	+12,190 21.7%
75	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	65,097	$4.0m0.46%	0.46%	Added +7.6k	+7,621 13.3%
76	INFINEON TECHNOLOGIES AG COM IFNNY	IFNNY	42,540	$4.0m0.46%	0.46%	Reduced -47.1k	-47,100 -52.5%
77	MCKESSON CORP COM MCK	MCK	4,895	$3.7m0.42%	0.42%	Added +137	+137 2.9%
78	EQUIFAX INC COM EFX	EFX	22,327	$3.5m0.41%	0.41%	Added +2.8k	+2,844 14.6%
79	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	9,507	$3.5m0.40%	0.40%	Unchanged
80	CALIX INC COM CALX	CALX	91,940	$3.4m0.39%	0.39%	Added +47.1k	+47,100 105.0%
81	CAPITAL ONE FINL CORP COM COF	COF	16,973	$3.4m0.39%	0.39%	Reduced -49	-49 -0.3%
82	AMERICAN TOWER CORP NEW COM AMT	AMT	20,383	$3.3m0.38%	0.38%	Added +386	+386 1.9%
83	CLOROX CO DEL COM CLX	CLX	33,194	$3.2m0.36%	0.36%	Added +6.1k	+6,103 22.5%
84	MERCK & CO INC COM MRK	MRK	24,470	$3.1m0.36%	0.36%	Added +17	+17 0.1%
85	COCA COLA CO COM KO	KO	34,217	$2.8m0.32%	0.32%	Unchanged
86	MARVELL TECHNOLOGY INC COM MRVL	MRVL	9,140	$2.7m0.31%	0.31%	Reduced -25.7k	-25,700 -73.8%
87	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	16,830	$2.6m0.30%	0.30%	Added +270	+270 1.6%
88	PURE STORAGE INC CL A P	P	33,518	$2.6m0.30%	0.30%	Added +22.9k	+22,853 214.3%
89	NORTHERN TR CORP COM NTRS	NTRS	14,912	$2.6m0.30%	0.30%	Reduced -36.8k	-36,833 -71.2%
90	HCA HEALTHCARE INC COM HCA	HCA	6,525	$2.5m0.29%	0.29%	Added +1.1k	+1,100 20.3%
91	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	85,887	$2.3m0.26%	0.26%	Reduced -497.0k	-497,033 -85.3%
92	CHENIERE ENERGY INC COM NEW LNG	LNG	9,565	$2.3m0.26%	0.26%	Unchanged
93	SCHWAB STRATEGIC TR EMRG MKTEQ ETF SCHE	SCHE	60,547	$2.2m0.25%	0.25%	Added +1.6k	+1,594 2.7%
94	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	27,588	$2.1m0.25%	0.25%	Added +337	+337 1.2%
95	ISHARES TR S&P MC 400VL ETF IJJ	IJJ	13,783	$2.0m0.23%	0.23%	Added +605	+605 4.6%
96	FARMERS & MERCHANTS BK LONG COM FMBL	FMBL	223	$2.0m0.23%	0.23%	Unchanged
97	POOL CORP COM POOL	POOL	9,225	$2.0m0.23%	0.23%	Added +7.5k	+7,450 419.7%
98	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	62,500	$1.7m0.20%	0.20%	Unchanged
99	NEUROCRINE BIOSCIENCES INC COM NBIX	NBIX	9,755	$1.6m0.19%	0.19%	Unchanged
100	CORNING INC COM GLW	GLW	6,147	$1.6m0.18%	0.18%	Reduced -329	-329 -5.1%

Sold out since Q1 2026

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HONEYWELL INTL INC		580	$262.2k580 shares
SEALED AIR CORP NEW		2,704	$113.7k2.7k shares
UNILEVER PLC UL	UL	1,135	$64.7k1.1k shares
INTERNATIONAL BUSINESS MACHS IBM	IBM	150	$36.4k150 shares
DUPONT DE NEMOURS INC DWDP	DWDP	169	$23.2k169 shares
ISHARES TR IWP	IWP	92	$11.8k92 shares
OCEANEERING INTL INC OII	OII	105	$3.7k105 shares
FIRSTENERGY CORP FE	FE	50	$2.5k50 shares
BANCO BRADESCO S A BBD	BBD	642	$2.3k642 shares
MAGNUM ICE CREAM CO NV MICC	MICC	132	$2.0k132 shares
DOORDASH INC DASH	DASH	12	$1.8k12 shares
INMODE LTD INMD	INMD	100	$1.4k100 shares
DRAFTKINGS INC NEW DKNG	DKNG	60	$1.3k60 shares
BLOCK INC XYZ	XYZ	8	$4818 shares
KYNDRYL HLDGS INC KD	KD	30	$39430 shares
NIO INC NIO	NIO	50	$30150 shares
KIRKLANDS INC KIRK	KIRK	100	$93100 shares