Thrivent Financial for Lutherans

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Thrivent Financial for Lutherans reported 2,514 stock positions worth $49.5 billion. Its top holding was Microsoft (MSFT) at 3.0% of the portfolio, followed by Nvidia (NVDA, 2.8%) and Apple (AAPL, 2.3%). Compared with Q1 2024, it opened 116 new positions, sold out of 101, added to 792 and reduced 1,535. The biggest buy was Apple (AAPL, shares +15%) and the biggest sale an exit from Pioneer Natural Resources (PXD).

Most Recent 13F
Q2 2026
Location
Minneapolis, MN
CIK
0000314984
Portfolio Value
$49.5B (Q2 2024)
SEC Filing
0000950123-24-008035 ↗ filed Aug 13, 2024

Holdings Value

0$20.0B$40.0B$60.0B Q1 2024: $49.7B Q1 2024 Q2 2024: $49.5B $49.5B Q2 2024 Q3 2024: $52.5B Q3 2024 Q4 2024: $51.4B Q4 2024 Q1 2025: $44.5B Q1 2025 Q2 2025: $44.5B Q2 2025 Q3 2025: $49.6B Q3 2025 Q4 2025: $55.2B Q4 2025 Q1 2026: $51.3B Q1 2026 Q2 2026: $58.2B Q2 2026

Holdings 2,514 stocks · $49.5B

MSFT Microsoft Corp. 2.98% 3,302,092 $1.5B Add +1.3%
NVDA Nvidia Corp. 2.80% 11,224,627 $1.4B Reduce -3.9%
AAPL Apple Inc. 2.28% 5,351,307 $1.1B Add +15.1%
GOOG Alphabet Inc. Class C 1.87% 5,053,888 $927.0M Add +3.9%
AMZN Amazon.com Inc. 1.84% 4,703,909 $909.0M Reduce -11.3%
META Meta Platforms Inc. Class A 1.57% 1,537,107 $775.0M Add +2.6%
IVV iShares Core S&P 500 ETF 1.24% 1,118,017 $611.8M Reduce -4.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.00% 913,516 $497.2M Reduce -6.2%
QCOM Qualcomm Inc. 0.75% 1,875,185 $373.5M Reduce -14.9%
JPM JPMorgan Chase & Co. 0.69% 1,692,532 $342.3M Reduce -8.5%
WMT Walmart Inc. 0.68% 4,953,907 $335.4M Reduce -4.4%
LLY Eli Lilly & Co. 0.67% 365,582 $331.0M Add +57.5%
XOM Exxon Mobil Corp. 0.57% 2,456,814 $282.8M Add +36.1%
KNSL Kinsale Capital Group Inc. 0.57% 729,508 $281.1M Add +0.9%
FAST Fastenal Co. 0.56% 4,420,659 $277.8M Add +13.3%
NVR NVR Inc. 0.55% 35,753 $271.3M Reduce -9.2%
NOW ServiceNow Inc. 0.52% 325,633 $256.2M Add +1.7%
USHY iShares Broad Usd High Yield 0.52% 7,030,475 $255.1M Add +78.3%
TSLA Tesla Inc. 0.49% 1,237,277 $244.9M Reduce -10.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.49% 1,401,798 $242.4M Add +306.3%
DVN Devon Energy Corp. 0.49% 5,094,017 $241.5M Add +15.9%
JNJ Johnson & Johnson 0.48% 1,634,863 $239.0M Add +31.8%
AMD Advanced Micro Devices 0.48% 1,463,056 $237.3M Add +12.9%
WFC Wells Fargo & Co. 0.47% 3,894,561 $231.3M Reduce -1.2%
STLD Steel Dynamics Inc. 0.46% 1,768,333 $229.0M Add +1.3%
ICE Intercontinental Exchange Inc. 0.45% 1,638,287 $224.3M Add +7.2%
WMS Advanced Drainage Systems Inc. 0.45% 1,382,735 $221.8M Add +0.6%
MRK Merck & Co. Inc. 0.44% 1,775,307 $219.8M Add +3.6%
ALLY Ally Financial Inc. 0.44% 5,494,944 $218.0M Reduce -8.6%
URI United Rentals Inc. 0.44% 334,179 $216.1M Add +4.4%
HD Home Depot Inc. 0.43% 621,365 $213.9M Reduce -2.6%
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.43% 2,589,410 $212.8M Add +0.6%
CRM Salesforce Inc. 0.43% 819,088 $210.6M Add +9.2%
TKR Timken Co. 0.42% 2,572,440 $206.1M Reduce -0.4%
TRMB Trimble Inc. 0.41% 3,647,641 $204.0M Add +7.0%
AMP Ameriprise Financial Inc. 0.40% 462,464 $197.6M Reduce -15.3%
AMGN Amgen Inc. 0.39% 625,305 $195.4M Add +6.1%
ACGL Arch Capital Group Ltd. 0.38% 1,882,387 $189.9M Add +1.7%
UPS United Parcel Service Class B 0.38% 1,379,369 $188.8M Add +5.0%
HWM Howmet Aerospace Inc. 0.38% 2,401,453 $186.4M Reduce -29.6%
AMAT Applied Materials Inc. 0.37% 778,771 $183.8M Add +6.6%
SKY Champion Homes Inc. filed as SKYLINE CHAMPION CORPORATION 0.36% 2,642,123 $179.0M Add +2.1%
AGG iShares Core U.S. Aggregate 0.36% 1,827,788 $177.4M Add +21.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.35% 4,374,234 $174.0M Reduce -0.3%
QUAL iShares MSCI USA Quality Fac 0.35% 1,004,573 $171.5M Add +7.6%
VZ Verizon Communications Inc. 0.34% 4,128,172 $170.2M Reduce -0.6%
ELV Elevance Health Inc. 0.34% 313,741 $170.0M Reduce -1.3%
ISRG Intuitive Surgical Inc. 0.34% 381,410 $169.7M Reduce -7.3%
UBER Uber Technologies Inc. 0.34% 2,331,415 $169.4M Reduce -0.3%
WAL Western Alliance Bancorp 0.34% 2,695,176 $169.3M Reduce -5.3%
LH Labcorp Holdings Inc. 0.34% 823,212 $167.5M Reduce -3.5%
AVGO Broadcom Inc. 0.34% 103,814 $166.7M Add +84.2%
VOO Vanguard S&P 500 ETF 0.33% 329,873 $165.0M Add +3.6%
CAT Caterpillar Inc. 0.33% 493,712 $164.5M Reduce -0.2%
RJF Raymond James Financial Inc. 0.33% 1,323,329 $163.6M Reduce -11.0%
PM Philip Morris International 0.33% 1,592,770 $161.4M Reduce -0.4%
NUE Nucor Corp. 0.33% 1,020,618 $161.3M Add +10.4%
TTMI TTM Technologies 0.32% 8,168,000 $158.7M Reduce -3.9%
DHR Danaher Corp. 0.32% 634,531 $158.5M Reduce -13.2%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.32% 1,799,836 $158.1M Reduce -42.4%
SBAC SBA Communications Corp. 0.32% 802,690 $157.6M Reduce -33.4%
ZTS Zoetis Inc. 0.31% 897,077 $155.5M Add +32.4%
MASI Masimo Corp. 0.31% 1,217,357 $153.3M Add +42.1%
HAL Halliburton Co. 0.31% 4,524,734 $152.8M Add +11.5%
CSCO Cisco Systems Inc. 0.31% 3,183,883 $151.3M Reduce -0.4%
OPCH Option Care Health Inc. 0.31% 5,459,119 $151.2M Add +9.1%
NOV Nov Inc. 0.30% 7,827,192 $148.8M Reduce -0.7%
GILD Gilead Sciences Inc. 0.30% 2,159,356 $148.2M Add +140.7%
HUM Humana Inc. 0.29% 385,782 $144.1M Add +639.8%
SCHW Schwab (charles) Corp. 0.29% 1,955,289 $144.1M Add +1.6%
NI Nisource Inc. 0.29% 4,908,547 $141.4M Add +1.4%
COP Conocophillips 0.28% 1,206,247 $138.0M Reduce -0.2%
VRNS Varonis Systems Inc. 0.28% 2,874,388 $137.9M Add +4.6%
CIEN Ciena Corp. 0.28% 2,829,410 $136.3M Reduce -5.9%
GOOGL Alphabet Inc. Class A 0.28% 748,273 $136.3M Add +0.2%
HLI Houlihan Lokey Inc. 0.27% 993,975 $134.0M Reduce -1.4%
GWRE Guidewire Software Inc. 0.27% 963,933 $132.9M Reduce -1.6%
CROX Crocs Inc. 0.27% 901,973 $131.6M Add +1.4%
PWR Quanta Services Inc. 0.26% 515,721 $131.0M Reduce -19.0%
TSM Taiwan Semiconductor-SP ADR 0.26% 752,971 $130.9M Add +102.8%
MBLY Mobileye Global Inc. Class A 0.26% 4,616,909 $129.7M Reduce -7.5%
GRMN Garmin Ltd. 0.26% 793,914 $129.3M Add +2.3%
LNT Alliant Energy Corp. 0.26% 2,514,248 $128.0M Add +2.5%
SN Sharkninja Inc. 0.26% 1,695,933 $127.5M Add +29.0%
CNP Centerpoint Energy Inc. 0.25% 4,043,757 $125.3M Add +1.3%
EW Edwards Lifesciences Corp. 0.25% 1,345,238 $124.3M Reduce -1.5%
CB Chubb Ltd. 0.25% 482,645 $123.1M Reduce -0.1%
FLS Flowserve Corp. 0.25% 2,559,489 $123.1M Add +3.4%
ARE Alexandria Real Estate Equit 0.25% 1,050,991 $122.9M Add +1.0%
CEG Constellation Energy 0.25% 605,739 $121.3M Reduce -3.8%
IVW iShares S&P 500 Growth ETF 0.24% 1,291,843 $119.5M Add +11.1%
CDW CDW Corp. 0.24% 531,877 $119.1M Add +2.6%
NTRS Northern Trust Corp. 0.24% 1,401,680 $117.7M Add +2.0%
ROK Rockwell Automation Inc. 0.24% 426,573 $117.4M Add +46.6%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.24% 1,951,120 $116.9M Reduce -0.8%
DOCU Docusign Inc. 0.23% 2,164,393 $115.8M New
ODFL Old Dominion Freight Line 0.23% 653,604 $115.4M Reduce -0.2%
MDT Medtronic PLC 0.23% 1,450,682 $114.2M Reduce -4.5%
JNK SS SPDR BB High Yield Bond 0.23% 1,210,908 $114.2M Add +11.5%
RLI Rli Corp. 0.23% 809,389 $113.9M Reduce -0.7%

Show all 2,514 holdings

Other holdings (5): bonds, preferreds, convertibles and warrants · $114.5M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 24,221$28.6MReduce -0.6%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 23,714$28.4MReduce -0.6%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 447,035$20.5MNew
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 308,920$20.3MReduce -26.8%
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 404,795$16.8MReduce -18.6%

Total filed on the 13F, all lines: $49.6B.

Portfolio Sells Q1 2024 → Q2 2024

PXD Pioneer Natural Resources Co. Sold out 0.00% −0.39
NICE Nice Ltd. - Spon ADR Reduce -99.5% 0.00% −0.37
ADBE Adobe Inc. Reduce -79.8% 0.09% −0.31
CNC Centene Corp. Reduce -96.4% 0.01% −0.29
CMG Chipotle Mexican Grill Inc. Reduce -88.7% 0.03% −0.25
ALGN Align Technology Inc. Reduce -48.3% 0.15% −0.25
DBX Dropbox Inc. Class A Reduce -98.8% 0.00% −0.23
SBAC SBA Communications Corp. Reduce -33.4% 0.32% −0.21
BALL Ball Corp. Reduce -41.9% 0.21% −0.19
IBB iShares Biotechnology ETF Reduce -98.4% 0.00% −0.18
SHOP Shopify Inc. Class A Reduce -96.4% 0.01% −0.18
BJ Bj's Wholesale Club Holdings Reduce -42.4% 0.32% −0.16
CRL Charles River Laboratories Reduce -33.8% 0.16% −0.15
CSL Carlisle Cos Inc. Reduce -70.3% 0.06% −0.14
GBX Greenbrier Companies Inc. Reduce -97.8% 0.00% −0.12
CW Curtiss-Wright Corp. Reduce -93.7% 0.01% −0.12
LECO Lincoln Electric Holdings Reduce -19.3% 0.18% −0.12
NVO Novo-Nordisk A/S-Spons ADR Reduce -40.8% 0.23% −0.12
MS Morgan Stanley Reduce -89.9% 0.01% −0.11
KN Knowles Corp. Reduce -87.2% 0.02% −0.11
IRT Independence Realty Trust Inc. Reduce -81.6% 0.03% −0.10
SPT Sprout Social Inc. Class A Sold out 0.00% −0.10
MOAT Vaneck Morningstar Wide Moat Reduce -32.2% 0.18% −0.10
NVR NVR Inc. Reduce -9.2% 0.55% −0.09
MAN Manpowergroup Inc. Reduce -98.1% 0.00% −0.09
HWM Howmet Aerospace Inc. Reduce -29.6% 0.38% −0.09
SLAB Silicon Laboratories Inc. Reduce -70.1% 0.03% −0.09
AMZN Amazon.com Inc. Reduce -11.3% 1.84% −0.09
VEA Vanguard Ftse Developed ETF Reduce -43.8% 0.11% −0.09
VTV Vanguard Mrngstr Val ETF-Aui Reduce -56.2% 0.07% −0.09
AMP Ameriprise Financial Inc. Reduce -15.3% 0.40% −0.08
HTLF Heartland Financial USA Inc. Reduce -79.3% 0.03% −0.08
TSN Tyson Foods Inc. Class A Reduce -27.7% 0.19% −0.08
SWAV Shockwave Medical Inc. Sold out 0.00% −0.08
ZD Ziff Davis Inc. Reduce -98.2% 0.00% −0.08
PGNY Progyny Inc. Reduce -38.0% 0.06% −0.07
CMPR Cimpress PLC Sold out 0.00% −0.07
PWR Quanta Services Inc. Reduce -19.0% 0.26% −0.07
MOH Molina Healthcare Inc. Reduce -4.7% 0.14% −0.06
ENOV Enovis Corp. Reduce -0.3% 0.17% −0.06
MSCI MSCI Inc. Reduce -47.2% 0.05% −0.06
MBLY Mobileye Global Inc. Class A Reduce -7.5% 0.26% −0.06
HD Home Depot Inc. Reduce -2.6% 0.43% −0.06
FRDM Freedom 100 Emeging MRKT ETF Reduce -37.8% 0.11% −0.06
CRS Carpenter Technology Reduce -89.7% 0.01% −0.06
ODFL Old Dominion Freight Line Reduce -0.2% 0.23% −0.06
CASY Casey's General Stores Inc. Reduce -37.5% 0.17% −0.06
EFOR Everforth Inc. Reduce -19.9% 0.11% −0.05
XBI SS SPDR S&P Biotech ETF Reduce -30.7% 0.12% −0.05
JPM JPMorgan Chase & Co. Reduce -8.5% 0.69% −0.05

Portfolio Buys Q1 2024 → Q2 2024

AAPL Apple Inc. Add +15.1% 2.28% +0.67
GOOG Alphabet Inc. Class C Add +3.9% 1.87% +0.38
IBM Intl Business Machines Corp. Add +306.3% 0.49% +0.36
LLY Eli Lilly & Co. Add +57.5% 0.67% +0.31
HUM Humana Inc. Add +639.8% 0.29% +0.25
DOCU Docusign Inc. New 0.23% +0.23
USHY iShares Broad Usd High Yield Add +78.3% 0.52% +0.23
MSFT Microsoft Corp. Add +1.3% 2.98% +0.22
VST Vistra Corp. Add +1358.2% 0.21% +0.20
DDOG Datadog Inc. Class A Add +1597.9% 0.21% +0.19
MDB Mongodb Inc. Add +1098.1% 0.21% +0.19
AVGO Broadcom Inc. Add +84.2% 0.34% +0.19
BBY Best Buy Co. Inc. Add +4337.6% 0.19% +0.18
EQIX Equinix Inc. Add +456.5% 0.21% +0.17
GILD Gilead Sciences Inc. Add +140.7% 0.30% +0.17
TSM Taiwan Semiconductor-SP ADR Add +102.8% 0.26% +0.16
RHI Robert Half Inc. Add +27895.0% 0.16% +0.16
XOM Exxon Mobil Corp. Add +36.1% 0.57% +0.15
WH Wyndham Hotels & Resorts Inc. Add +377.5% 0.19% +0.15
HAE Haemonetics Corp. Add +6573.6% 0.14% +0.14
AMN Amn Healthcare Services Inc. Add +3753.6% 0.13% +0.13
KNX Knight-Swift Transportation Add +1728.8% 0.13% +0.13
J Jacobs Solutions Inc. Add +5170.1% 0.12% +0.12
KFY Korn Ferry Add +1846.0% 0.12% +0.11
CCOI Cogent Communications Holdin Add +2739.1% 0.12% +0.11
QQQ Invesco QQQ Trust Series 1 Add +101.3% 0.20% +0.11
JJSF J & J Snack Foods Corp. Add +130.8% 0.18% +0.11
WFG West Fraser Timber Co. Ltd. New 0.11% +0.11
TRNO Terreno Realty Corp. Add +238.3% 0.16% +0.11
META Meta Platforms Inc. Class A Add +2.6% 1.57% +0.10
BWXT BWX Technologies Inc. Add +1121.6% 0.11% +0.10
EHC Encompass Health Corp. Add +2302.7% 0.10% +0.10
SN Sharkninja Inc. Add +29.0% 0.26% +0.09
CHE Chemed Corp. Add +300.3% 0.13% +0.09
RGEN Repligen Corp. Add +240.5% 0.15% +0.09
JNJ Johnson & Johnson Add +31.8% 0.48% +0.09
ZTS Zoetis Inc. Add +32.4% 0.31% +0.08
FCNCA First Citizens Bcshs Class A Add +6773.9% 0.08% +0.08
QRVO Qorvo Inc. Add +1507.7% 0.08% +0.08
AMAT Applied Materials Inc. Add +6.6% 0.37% +0.07
WELD Tema U.S. Manufacturing & Re New 0.07% +0.07
YUMC Yum China Holdings Inc. Add +171.7% 0.13% +0.07
ROK Rockwell Automation Inc. Add +46.6% 0.24% +0.07
STVN Stevanato Group SPA New 0.06% +0.06
AGG iShares Core U.S. Aggregate Add +21.3% 0.36% +0.06
AMGN Amgen Inc. Add +6.1% 0.39% +0.06
MASI Masimo Corp. Add +42.1% 0.31% +0.06
XLG Invesco S&P 500 Top 50 ETF Add +868.3% 0.06% +0.06
GOOGL Alphabet Inc. Class A Add +0.2% 0.28% +0.05
FLJP Franklin Ftse Japan ETF New 0.05% +0.05

Notes & Other Activity Q1 2024 → Q2 2024

WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -0.6% 24,221 $28.6M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -0.6% 23,714 $28.4M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A New 447,035 $20.5M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Reduce -26.8% 308,920 $20.3M
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 Reduce -18.6% 404,795 $16.8M
UGI CORP (UGI 7.25 06/01/24) UNIT 06/01/2024 Sold out 28,726 $1.7Mbefore exit
FLAGSTAR BANK NA (FLG 6 11/01/51) UNIT 05/07/2051 Sold out 43,270 $1.4Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2,503$58.2BNVDA, AMZN, AAPL, MSFT, GOOG
Q1 2026 2,442$51.3BNVDA, MSFT, AAPL, AMZN, GOOG
Q4 2025 2,471$55.2BNVDA, MSFT, AAPL, AMZN, GOOG
Q3 2025 2,267$49.6BNVDA, MSFT, AAPL, AMZN, META
Q2 2025Amended 2,326$44.5BMSFT, NVDA, AMZN, META, AAPL
Q1 2025Amended 2,262$44.5BAAPL, MSFT, NVDA, AMZN, META
Q4 2024 2,538$51.4BMSFT, NVDA, AAPL, AMZN, GOOG
Q3 2024 2,499$52.5BMSFT, AAPL, NVDA, GOOG, META
Q2 2024 2,514$49.5BMSFT, NVDA, AAPL, GOOG, AMZN
Q1 2024 2,497$49.7BMSFT, NVDA, AMZN, AAPL, GOOG