updated
68 results Total investment of current selection: $ 3,272 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | TotalEnergies SE | Thornburg Investment Management | investment | United States | France | North America | Europe (EU) | Total Finance SAS, Total Treasury SAS, TotalEnergies Capital SA, TotalEnergies Capital Canada Ltd, TotalEnergies Capital International SA, East African Crude Oil Pipeline (EACOP) Ltd | $ 770 M | $ <1 M | $ 770 M | ||||
| 2 | Enel SpA | Thornburg Investment Management | investment | United States | Italy | North America | Europe (EU) | Endesa SA, Nuove Energie SRL, Enel Finance International NV, Enel Investment Holding BV, Endesa Financiación Filiales SA, Enel Finance America LLC | $ 669 M | $ 57 M | $ 726 M | ||||
| 3 | Glencore plc | Thornburg Investment Management | investment | United States | Switzerland | North America | Europe (non EU) | CMC - Coal Marketing Co Ltd, Goedgevonden Joint Venture, Carbones del Cerrejon Ltd, Bulga Coal Management Pty Ltd, Glencore Finance (Europe) Ltd, Glencore Funding LLC, Liddell Coal Operations Pty Ltd, Mt Owen Pty Ltd, Ravensworth Operations Pty Ltd, Ulan Coal Mines Ltd, Glencore Group Funding Ltd, Glencore Finance (Bermuda) Ltd, Glencore Queensland Ltd, Glencore Capital Finance DAC, Finges Investment BV, Glencore (Schweiz) AG, Glencore Australia Investment Holdings Pty Ltd, Glencore Operations Australia Pty Ltd, Glencore Investment Pty Ltd, Oakbridge Pty Ltd, Rolleston Coal Holdings Pty Ltd, Mangoola Coal Operations Pty Ltd, NC Coal Co Pty Ltd, Wandoan Holdings Pty Ltd, Saxonvale Coal Pty Ltd, Enex Oakbridge Pty Ltd | $ 207 M | $ 207 M | |||||
| 4 | Enbridge Inc | Thornburg Investment Management | investment | United States | Canada | North America | North America | Enbridge Gas Inc, Alliance Pipeline LP, Rio Bravo Pipeline Company LLC, East Tennessee Natural Gas LLC, Westcoast Connector Gas Transmission Ltd | $ 128 M | $ <1 M | $ 128 M | ||||
| 5 | Petroleo Brasileiro SA – Petrobras | Thornburg Investment Management | investment | United States | Brazil | North America | South America | Petrobras Global Finance BV | $ 122 M | $ 122 M | |||||
| 6 | E.ON SE | Thornburg Investment Management | investment | United States | Germany | North America | Europe (EU) | $ 118 M | $ 118 M | ||||||
| 7 | The Williams Companies Inc | Thornburg Investment Management | investment | United States | United States | North America | North America | Transcontinental Gas Pipe Line Company LLC | $ 116 M | $ 116 M | |||||
| 8 | Shell plc | Thornburg Investment Management | investment | United States | United Kingdom | North America | Europe (non EU) | Shell Finance Netherlands BV, Shell Finance Switzerland AG, Shell Treasury Centre East Pte Ltd, Shell Treasury Centre Ltd, Shell Treasury Luxembourg SARL, Shell International Finance BV | $ 101 M | $ <1 M | $ 101 M | ||||
| 9 | TC Energy Corporation | Thornburg Investment Management | investment | United States | Canada | North America | North America | TC PipeLines LP, TransCanada PipeLines Ltd, NOVA Gas Transmission Ltd, TransCanada Trust | $ 99 M | $ <1 M | $ 99 M | ||||
| 10 | Equinor ASA | Thornburg Investment Management | investment | United States | Norway | North America | Europe (non EU) | $ 92 M | $ <1 M | $ 92 M | |||||
| 11 | Engie SA | Thornburg Investment Management | investment | United States | France | North America | Europe (EU) | Engie Finance SA, GRTgaz SA, ENGIE Energia Chile SA | $ 88 M | $ 88 M | |||||
| 12 | Eni SpA | Thornburg Investment Management | investment | United States | Italy | North America | Europe (EU) | Vaar Energi ASA, Eni Finance International SA | $ 70 M | $ 70 M | |||||
| 13 | PJSC MMC Norilsk Nickel (Nornickel) | Thornburg Investment Management | investment | United States | Russia | North America | Europe (non EU) | $ 61 M | $ 61 M | ||||||
| 14 | Comision Federal de Electricidad EPE (CFE) | Thornburg Investment Management | investment | United States | Mexico | North America | Central America | $ 57 M | $ 57 M | ||||||
| 15 | Black Hills Corp | Thornburg Investment Management | investment | United States | United States | North America | North America | Wyodak Resources Development Corp | $ 51 M | $ 51 M | |||||
| 16 | Reliance Industries Ltd | Thornburg Investment Management | investment | United States | India | North America | South Asia | $ 46 M | $ 3 M | $ 49 M | |||||
| 17 | Petroleos Mexicanos (PEMEX) | Thornburg Investment Management | investment | United States | Mexico | North America | Central America | Pemex Finance Ltd | $ 47 M | $ 47 M | |||||
| 18 | American Electric Power Company Inc (AEP) | Thornburg Investment Management | investment | United States | United States | North America | North America | Appalachian Power Co, CSW CREDIT INC, Indiana Michigan Power Co, Kentucky Power Co, Ohio Power Co, Southwestern Electric Power Co, SWEPCO Capital I, SWEPCo Capital Trust I, Wheeling Power Co, Public Service Co of Oklahoma, AEP Generating Co | $ 40 M | $ 40 M | |||||
| 19 | The Southern Company | Thornburg Investment Management | investment | United States | United States | North America | North America | Alabama Power Capital Trust III, Alabama Power Capital Trust I, Alabama Power Capital Trust II, Alabama Power Co, Georgia Power Capital LP, Georgia Power Capital Trust, Georgia Power Capital Trust II, Georgia Power Capital Trust III, Georgia Power Capital Trust V, Georgia Power Capital Trust VI, Georgia Power Capital Trust VII, Georgia Power Co, Mississippi Power Capital Trust II, Mississippi Power Co, Southern Co Capital Funding Inc, Southern Co Capital Trust I, Southern Co Capital Trust II, Southern Co Capital Trust III, Southern Co Capital Trust IV, Southern Co Capital Trust V, Southern Co Capital Trust VI, Alabama Power Capital Trust V, Southern Co Gas Capital Corp | $ 31 M | $ 31 M | |||||
| 20 | Petro Rio SA (PRIO) | Thornburg Investment Management | investment | United States | Brazil | North America | South America | $ 29 M | $ 29 M | ||||||
| 21 | Dominion Energy Inc | Thornburg Investment Management | investment | United States | United States | North America | North America | Virginia Electric and Power Co, Dominion Energy South Carolina Inc | $ 28 M | $ 28 M | |||||
| 22 | Energean plc | Thornburg Investment Management | investment | United States | United Kingdom | North America | Europe (non EU) | Energean Capital Ltd, Energean Israel Finance Ltd, Energean Israel Finance SARL | $ 26 M | $ 26 M | |||||
| 23 | Mineral Resources Ltd | Thornburg Investment Management | investment | United States | Australia | North America | Oceania | $ 25 M | $ <1 M | $ 25 M | |||||
| 24 | PJSC LUKOIL | Thornburg Investment Management | investment | United States | Russia | North America | Europe (non EU) | Lukoil-KaliningradMorneft LLC, Lukinter Finance BV, Lukoil International Finance BV, Lukoil Securities BV | $ 25 M | $ 25 M | |||||
| 25 | Kinder Morgan Inc | Thornburg Investment Management | investment | United States | United States | North America | North America | El Paso Energy Capital Trust I, Coastal Finance I, Colorado Interstate Gas Company LLC, El Paso Natural Gas Co LLC, Tennessee Gas Pipeline Company LLC, Gulf LNG Liquefaction Company LLC | $ 23 M | $ 23 M |
Remarks
Financial data is drawn from the commercial database Refinitiv (now known as LSEG Data & Analytics). For a selection of pension and sovereign wealth funds, data was collected from the fund disclosures and SEC filings in individual cases. The data was retrieved in May 2024, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
For more information read our detailed Methodology!