1y return+29.5%S&P 500 +20.9%
3y return+60.1%S&P 500 +68.5%
5y return+53.8%S&P 500 +74.5%
10y return+210.2%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $310 against $357 in the S&P 500.2
Thompson Investment Management, Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GOOGLAlphabet Inc Cap Stk Cl A | $47.4M | 5.4% | −7.4% |
| MSFTMicrosoft Corp | $28.8M | 3.3% | +8.7% |
| Exxon Mobil Corp ComCUSIP 30231G102 | $20.6M | 2.4% | |
| CCitigroup Inc Com New | $18.7M | 2.1% | −4.6% |
| VTRSViatris | $17.3M | 2.0% | −1.3% |
| CSCOCisco Systems Inc | $15.1M | 1.7% | −13.4% |
| Kornit Digital Ltd ShsCUSIP M6372Q113 | $14.7M | 1.7% | |
| QCOMQualcomm Inc | $14.6M | 1.7% | −16.9% |
| LKQLkq Corp Com | $14.1M | 1.6% | +35.5% |
| UNHUnitedhealth Group Inc | $14.0M | 1.6% | −20.5% |
| JPMJpmorgan Chase & Co Com | $13.8M | 1.6% | |
| AMNAmn Healthcare Svcs Inc Com | $13.7M | 1.6% | −7.6% |
| BACBank Of America | $13.3M | 1.5% | −2.5% |
| CVSCvs Health Corp Com | $13.0M | 1.5% | −1.7% |
| Nxp Semiconductors N V ComCUSIP N6596X109 | $12.5M | 1.4% | −3.0% |
| JNJJohnson & Johnson | $12.4M | 1.4% | |
| AAPLApple Inc Com | $12.3M | 1.4% | −1.3% |
| PEPPepsico Inc | $11.8M | 1.4% | +11.8% |
| PFGCPerformance Food Group Co Com | $11.6M | 1.3% | |
| TGTTarget Corp | $11.6M | 1.3% | |
| METAMeta Platforms | $11.5M | 1.3% | +4.5% |
| PFEPfizer Inc | $11.3M | 1.3% | +1.1% |
| AREAlexandria Real Estate Eq Inc | $11.2M | 1.3% | +17.6% |
| CHWYChewy Inc Cl A | $11.0M | 1.3% | +110.5% |
| EBAYEbay Inc Com | $10.9M | 1.2% | −17.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| COHRCoherent Inc Com | September 30, 2022 | +1031.9% | $10.7M |
| GOOGLAlphabet Inc Cap Stk Cl A | June 30, 2020 | +404.0% | $47.4M |
| PFGCPerformance Food Group Co Com | June 30, 2020 | +283.6% | $11.6M |
| GEGeneral Electric Co Com New | September 30, 2021 | +262.7% | $9.3M |
| JPMJpmorgan Chase & Co Com | June 30, 2020 | +248.0% | $13.8M |
| AAPLApple Inc Com | June 30, 2020 | +217.3% | $12.3M |
| Exxon Mobil Corp ComCUSIP 30231G102 | June 30, 2020 | +205.7% | $20.6M |
| CFGCitizens Financial Group Inc C | June 30, 2020 | +177.6% | $8.3M |
| CCitigroup Inc Com New | June 30, 2020 | +173.9% | $18.7M |
| SCHWSchwab (charles) Corp | June 30, 2020 | +173.5% | $10.7M |
Sold off last quarter
- Honeywell International Inc.CUSIP 438516106 was $262K
- Sealed Air CorpCUSIP 81211K100 was $114K
- ULUnilever PLC was $65K
- IBMI B M was $36K
- Dupont De Nemours Inc ComCUSIP 26614N102 was $23K
- IWPIshares Russell Midcap Growth was $12K
- OIIOceaneering Intl Inc Com was $3,724
- FEFirstenergy Corp Com was $2,533
- BBDBanco Bradesco S A Sp Adr Pfd was $2,343
- Magnum Ice Cream Co NvCUSIP N5505D105 was $1,973
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +10.8% | +14.8% |
| March 31, 2026 | −0.2% | −4.6% |
| December 31, 2025 | +7.7% | +2.4% |
| September 30, 2025 | +8.7% | +7.8% |
| June 30, 2025 | +7.1% | +10.5% |
| March 31, 2025 | −2.4% | −4.6% |
| December 31, 2024 | +0.6% | +2.1% |
| September 30, 2024 | +7.5% | +5.4% |
| June 30, 2024 | −1.9% | +4.0% |
| March 31, 2024 | +6.3% | +10.0% |
| December 31, 2023 | +11.6% | +11.2% |
| September 30, 2023 | −5.9% | −3.6% |
| June 30, 2023 | +5.2% | +8.3% |
| March 31, 2023 | +5.5% | +7.0% |
| December 31, 2022 | +11.0% | +7.1% |
| September 30, 2022 | −5.9% | −5.3% |
| June 30, 2022 | −15.9% | −16.5% |
| March 31, 2022 | −3.7% | −4.9% |
| December 31, 2021 | +6.6% | +10.7% |
| September 30, 2021 | −3.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Thompson Investment Management, Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1277279&type=13F-HR&dateb=&owner=include&count=40CIK 1277279
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1277279/000127727926000006/Filed July 13, 2026 · accession 0001277279-26-000006