# Thrivent Financial for Lutherans

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 314984. Source: https://holderbook.com/funds/314984-thrivent-financial-for-lutherans/

- Reported value: $59.5B
- Positions: 2,589
- Weight of the ten largest: 19.1%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.0B | 9,916,316 | 3.3% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.5B | 6,419,159 | 2.6% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.4B | 4,752,770 | 2.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.3B | 3,535,167 | 2.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.1B | 2,994,772 | 1.8% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $982.3M | 2,748,695 | 1.7% | 31 |
| THRIVENT ETF TRUST | - | $841.7M | 33,204,703 | 1.4% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $765.2M | 2,025,628 | 1.3% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $751.0M | 1,333,275 | 1.3% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $733.5M | 980,103 | 1.2% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $586.6M | 1,791,980 | 1.0% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $510.7M | 1,214,204 | 0.9% | 24 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $489.5M | 842,788 | 0.8% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $475.6M | 396,540 | 0.8% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $465.8M | 1,075,010 | 0.8% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $414.2M | 358,825 | 0.7% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $409.1M | 1,192,382 | 0.7% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $371.1M | 1,775,349 | 0.6% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $370.5M | 1,458,722 | 0.6% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $359.8M | 3,063,424 | 0.6% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $351.8M | 471,060 | 0.6% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $339.6M | 5,959,547 | 0.6% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $328.4M | 308,430 | 0.6% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $324.9M | 449,455 | 0.5% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $316.3M | 3,827,289 | 0.5% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $315.0M | 842,863 | 0.5% | 20 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $315.0M | 2,780,915 | 0.5% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $300.7M | 2,340,397 | 0.5% | 31 |
| THRIVENT ETF TRUST | [TMVE](https://holderbook.com/stocks/TMVE/) | $288.5M | 16,032,013 | 0.5% | 3 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $287.8M | 5,991,491 | 0.5% | 31 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $284.6M | 1,675,635 | 0.5% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $274.4M | 548,419 | 0.5% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $274.3M | 574,629 | 0.5% | 24 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $249.3M | 932,469 | 0.4% | 31 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $239.8M | 965,662 | 0.4% | 18 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $229.3M | 3,210,923 | 0.4% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $224.1M | 190,786 | 0.4% | 9 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $222.8M | 6,060,053 | 0.4% | 31 |
| ONTO INNOVATION INC | [ONTO](https://holderbook.com/stocks/ONTO/) | $222.0M | 586,721 | 0.4% | 27 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $220.4M | 5,954,526 | 0.4% | 30 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $219.0M | 319,111 | 0.4% | 31 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $216.3M | 1,077,942 | 0.4% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $215.9M | 4,542,344 | 0.4% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $212.9M | 2,048,261 | 0.4% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $209.8M | 594,773 | 0.4% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $209.1M | 1,131,486 | 0.4% | 31 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $208.5M | 1,814,941 | 0.4% | 31 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $202.1M | 243,512 | 0.3% | 31 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $199.4M | 712,300 | 0.3% | 9 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $196.5M | 200,919 | 0.3% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $192.7M | 452,316 | 0.3% | 31 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $191.9M | 4,643,627 | 0.3% | 31 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $190.6M | 1,389,402 | 0.3% | 31 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $189.7M | 1,891,980 | 0.3% | 7 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $183.7M | 542,965 | 0.3% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $182.6M | 1,978,758 | 0.3% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $181.9M | 646,829 | 0.3% | 31 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $181.5M | 2,171,331 | 0.3% | 31 |
| THRIVENT ETF TRUST | [TSCV](https://holderbook.com/stocks/TSCV/) | $181.3M | 5,547,600 | 0.3% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $180.4M | 1,546,089 | 0.3% | 11 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $180.4M | 433,915 | 0.3% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $178.9M | 494,025 | 0.3% | 31 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $171.8M | 623,070 | 0.3% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $169.8M | 1,341,500 | 0.3% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $167.3M | 420,725 | 0.3% | 31 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $166.4M | 469,642 | 0.3% | 31 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $165.0M | 499,435 | 0.3% | 31 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $164.5M | 1,137,406 | 0.3% | 31 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $164.3M | 4,840,212 | 0.3% | 31 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $162.5M | 729,358 | 0.3% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $162.2M | 920,450 | 0.3% | 31 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $160.1M | 1,708,899 | 0.3% | 31 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $159.1M | 693,227 | 0.3% | 31 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $158.9M | 2,643,486 | 0.3% | 3 |
| CNH INDL N V | [CNH](https://holderbook.com/stocks/CNH/) | $157.4M | 14,012,589 | 0.3% | 23 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $155.6M | 705,495 | 0.3% | 31 |
| LITTELFUSE INC | [LFUS](https://holderbook.com/stocks/LFUS/) | $152.3M | 334,447 | 0.3% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $151.9M | 2,104,711 | 0.3% | 26 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $151.2M | 11,386,375 | 0.3% | 4 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $148.0M | 776,924 | 0.2% | 31 |
| TWIST BIOSCIENCE CORP | [TWST](https://holderbook.com/stocks/TWST/) | $147.5M | 1,433,503 | 0.2% | 8 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $147.5M | 929,672 | 0.2% | 12 |
| ARCH CAP GROUP LTD | [ACGL](https://holderbook.com/stocks/ACGL/) | $146.4M | 1,507,929 | 0.2% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $146.2M | 198,548 | 0.2% | 27 |
| VIKING HOLDINGS LTD | [VIK](https://holderbook.com/stocks/VIK/) | $145.4M | 1,389,326 | 0.2% | 3 |
| FLOWSERVE CORP | [FLS](https://holderbook.com/stocks/FLS/) | $142.0M | 1,914,230 | 0.2% | 23 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $141.9M | 378,022 | 0.2% | 31 |
| ICON PUB LTD CO | [ICLR](https://holderbook.com/stocks/ICLR/) | $139.4M | 802,415 | 0.2% | 3 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $138.1M | 3,036,872 | 0.2% | 18 |
| KEURIG DR PEPPER INC | [KDP](https://holderbook.com/stocks/KDP/) | $137.6M | 4,204,237 | 0.2% | 18 |
| MEDPACE HLDGS INC | [MEDP](https://holderbook.com/stocks/MEDP/) | $135.8M | 256,341 | 0.2% | 31 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $134.5M | 565,114 | 0.2% | 31 |
| HEXCEL CORP NEW | [HXL](https://holderbook.com/stocks/HXL/) | $134.3M | 1,342,057 | 0.2% | 25 |
| ALLY FINL INC | [ALLY](https://holderbook.com/stocks/ALLY/) | $133.6M | 2,907,507 | 0.2% | 31 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $132.8M | 1,955,651 | 0.2% | 11 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $132.5M | 1,749,136 | 0.2% | 31 |
| FIRST INDL RLTY TR INC | [FR](https://holderbook.com/stocks/FR/) | $132.1M | 2,154,351 | 0.2% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $132.0M | 1,072,567 | 0.2% | 31 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $131.1M | 503,421 | 0.2% | 15 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $130.0M | 180,552 | 0.2% | 30 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +13.3% | +14.8% | -1.5% | 98% |
| Q1 2026 | -3.1% | -4.6% | +1.5% | 98% |
| Q4 2025 | +2.2% | +2.4% | -0.1% | 98% |
| Q3 2025 | +6.6% | +7.8% | -1.2% | 98% |
| Q2 2025 | +8.6% | +10.5% | -1.8% | 97% |
| Q1 2025 | -5.0% | -4.6% | -0.4% | 98% |
| Q4 2024 | +0.2% | +2.1% | -2.0% | 98% |
| Q3 2024 | +6.6% | +5.4% | +1.2% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $59.5B | 2,589 |
| Q1 2026 | $52.5B | 2,522 |
| Q4 2025 | $56.4B | 2,561 |
| Q3 2025 | $50.8B | 2,363 |
| Q2 2025 | $45.7B | 2,424 |
| Q1 2025 | $45.5B | 2,354 |
| Q4 2024 | $51.6B | 2,548 |
| Q3 2024 | $52.6B | 2,506 |
| Q2 2024 | $49.6B | 2,519 |
| Q1 2024 | $49.8B | 2,503 |
| Q4 2023 | $45.9B | 2,480 |
| Q3 2023 | $42.1B | 2,428 |