THRIVENT MODERATE ALLOCATION FUND

Fund Profile

Fund profile

Tickers

THMAX, TMAIX

Fund manager

Thrivent Mid Cap Stock Fund Class S

Total assets

$3.89 bn

Liabilities

$182.63 mm

Net assets

$3.71 bn

Number of holdings

2.28 k

Top 200 of 2280 Holdings

As of Apr 2025

Security	$Holding	Balance	% of Fund	Category	Position	Country
Thrivent Large Cap Growth Fund, Class S	381.23 mm	19.31 mm shares	10.28		Long	USA
Thrivent Core Short-Term Reserve Fund	365.21 mm	36.52 mm shares	9.85	Short-term investment vehicle	Long	USA
Thrivent Large Cap Value Fund, Class S	349.62 mm	12.31 mm shares	9.43		Long	USA
Thrivent International Equity Fund, Class S	157.43 mm	13.82 mm shares	4.25		Long	USA
Thrivent Mid Cap Stock Fund, Class S	143.50 mm	4.24 mm shares	3.87		Long	USA
Thrivent Income Fund, Class S	127.25 mm	15.63 mm shares	3.43		Long	USA
State Street Institutional U.S. Government Money Market Fund	118.77 mm	118.77 mm shares	3.20	Short-term investment vehicle	Long	USA
Thrivent Global Stock Fund, Class S	88.57 mm	3.31 mm shares	2.39		Long	USA
Thrivent Short-Term Bond Fund, Class S	73.57 mm	5.89 mm shares	1.98		Long	USA
Thrivent Core Emerging Markets Debt Fund	59.10 mm	7.29 mm shares	1.59		Long	USA
Thrivent Small Cap Stock Fund, Class S	45.81 mm	1.63 mm shares	1.24		Long	USA
Thrivent High Yield Fund, Class S	45.04 mm	10.83 mm shares	1.22		Long	USA
Thrivent Core Mid Cap Value Fund	40.64 mm	4.14 mm shares	1.10		Long	USA
MSFT Microsoft Corporation	31.73 mm	80.27 k shares	0.86	Common equity	Long	USA
AAPL Apple Inc.	27.25 mm	128.23 k shares	0.74	Common equity	Long	USA
NVDA NVIDIA Corporation	25.34 mm	232.62 k shares	0.68	Common equity	Long	USA
U.S. Treasury Notes	23.45 mm	23.74 mm principal	0.63	Debt	Long	USA
LCP X (Offshore), LP	23.20 mm	1.00 shares	0.63		Long	Cayman Islands
Thrivent Core Emerging Markets Equity Fund	21.64 mm	2.26 mm shares	0.58		Long	USA
U.S. Treasury Notes	20.96 mm	21.40 mm principal	0.57	Debt	Long	USA
U.S. Treasury Notes	19.40 mm	19.30 mm principal	0.52	Debt	Long	USA
AMZN Amazon.com, Inc.	19.36 mm	104.98 k shares	0.52	Common equity	Long	USA
Thrivent Core Small Cap Value Fund	18.91 mm	2.03 mm shares	0.51		Long	USA
META Meta Platforms, Inc.	18.25 mm	33.24 k shares	0.49	Common equity	Long	USA
U.S. Treasury Notes	16.68 mm	16.60 mm principal	0.45	Debt	Long	USA
Thrivent Cash Management Trust	15.47 mm	15.47 mm shares	0.42	Short-term investment vehicle	Long	USA
SPY SPDR S&P 500 ETF Trust	14.18 mm	25.57 k shares	0.38		Long	USA
Thrivent Core International Equity Fund	13.88 mm	1.21 mm shares	0.37		Long	USA
GOOG Alphabet Inc.	13.39 mm	83.24 k shares	0.36	Common equity	Long	USA
U.S. Treasury Notes	12.69 mm	12.60 mm principal	0.34	Debt	Long	USA
StepStone Secondary Opportunities Fund V Offshore, LP	11.16 mm	1.00 shares	0.30		Long	Cayman Islands
U.S. Treasury Bonds	11.07 mm	15.87 mm principal	0.30	Debt	Long	USA
U.S. Treasury Notes	10.91 mm	10.80 mm principal	0.29	Debt	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	10.54 mm	12.15 mm principal	0.28	ABS-mortgage backed security	Long	USA
U.S. Treasury Notes	10.18 mm	10.20 mm principal	0.27	Debt	Long	USA
U.S. Treasury Bonds	10.11 mm	13.95 mm principal	0.27	Debt	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	9.98 mm	12.56 mm principal	0.27	ABS-mortgage backed security	Long	USA
U.S. Treasury Notes	9.85 mm	9.78 mm principal	0.27	Debt	Long	USA
Broadcom Pte. Ltd.	9.79 mm	50.88 k shares	0.26	Common equity	Long	Singapore
JPM JPMorgan Chase & Co.	9.13 mm	37.32 k shares	0.25	Common equity	Long	USA
AlpInvest Secondaries Fund (Offshore Feeder) VIII, LP	9.10 mm	1.00 shares	0.25		Long	Cayman Islands
U.S. Treasury Notes	9.01 mm	9.10 mm principal	0.24	Debt	Long	USA
U.S. Treasury Notes	8.84 mm	9.10 mm principal	0.24	Debt	Long	USA
U.S. Treasury Notes	8.77 mm	8.80 mm principal	0.24	Debt	Long	USA
U.S. Treasury Notes	8.73 mm	8.80 mm principal	0.24	Debt	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	8.66 mm	9.60 mm principal	0.23	ABS-mortgage backed security	Long	USA
Federal Home Loan Bank Discount Notes	8.36 mm	8.40 mm principal	0.23	Short-term investment vehicle	Long	USA
U.S. Treasury Notes	8.36 mm	9.78 mm principal	0.23	Debt	Long	USA
JNJ Johnson & Johnson	8.11 mm	51.90 k shares	0.22	Common equity	Long	USA
Federal Home Loan Mortgage Corporation Discount Notes	8.06 mm	8.10 mm principal	0.22	Short-term investment vehicle	Long	USA
WFC Wells Fargo & Company	7.90 mm	111.22 k shares	0.21	Common equity	Long	USA
CSCO Cisco Systems, Inc.	7.14 mm	123.72 k shares	0.19	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	7.01 mm	8.33 mm principal	0.19	ABS-mortgage backed security	Long	USA
U.S. Treasury Notes	7.01 mm	7.45 mm principal	0.19	Debt	Long	USA
U.S. Treasury Bonds	6.94 mm	10.80 mm principal	0.19	Debt	Long	USA
Federal National Mortgage Association Conventional 15-Yr. Pass Through	6.89 mm	6.85 mm principal	0.19	ABS-mortgage backed security	Long	USA
Federal Home Loan Bank Discount Notes	6.78 mm	6.80 mm principal	0.18	Short-term investment vehicle	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	6.76 mm	8.49 mm principal	0.18	ABS-mortgage backed security	Long	USA
V Visa Inc.	6.75 mm	19.54 k shares	0.18	Common equity	Long	USA
XOM Exxon Mobil Corporation	6.68 mm	63.21 k shares	0.18	Common equity	Long	USA
U.S. Treasury Notes	6.51 mm	6.50 mm principal	0.18	Debt	Long	USA
Intercontinental Exchange, Inc.	6.51 mm	38.74 k shares	0.18	Common equity	Long	USA
SCHW The Charles Schwab Corporation	6.46 mm	79.37 k shares	0.17	Common equity	Long	USA
TSLA Tesla, Inc.	6.42 mm	22.76 k shares	0.17	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	6.41 mm	6.55 mm principal	0.17	ABS-mortgage backed security	Long	USA
BAC Bank of America Corporation	6.25 mm	156.82 k shares	0.17	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	6.07 mm	6.98 mm principal	0.16	ABS-mortgage backed security	Long	USA
GOOG Alphabet Inc.	5.98 mm	37.65 k shares	0.16	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	5.96 mm	7.18 mm principal	0.16	ABS-mortgage backed security	Long	USA
APH Amphenol Corporation	5.90 mm	76.69 k shares	0.16	Common equity	Long	USA
Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through	5.85 mm	5.78 mm principal	0.16	ABS-mortgage backed security	Long	USA
Crown Global Secondaries VI Feeder S.A., SICAV-RAIF	5.81 mm	1.00 shares	0.16		Long	Luxembourg
Federal National Mortgage Association Conventional 30-Yr. Pass Through	5.81 mm	6.06 mm principal	0.16	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	5.67 mm	5.48 mm principal	0.15	ABS-mortgage backed security	Long	USA
UNH UnitedHealth Group Incorporated	5.65 mm	13.73 k shares	0.15	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	5.63 mm	6.43 mm principal	0.15	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	5.55 mm	6.96 mm principal	0.15	ABS-mortgage backed security	Long	USA
LLY Eli Lilly and Company	5.47 mm	6.09 k shares	0.15	Common equity	Long	USA
ASF IX, LP	5.41 mm	1.00 shares	0.15		Long	USA
U.S. Treasury Notes	5.41 mm	5.40 mm principal	0.15	Debt	Long	USA
U.S. Treasury Bonds	5.36 mm	5.09 mm principal	0.14	Debt	Long	USA
QQQ Invesco QQQ Trust	5.31 mm	11.17 k shares	0.14		Long	USA
VZ Verizon Communications Inc.	5.26 mm	119.31 k shares	0.14	Common equity	Long	USA
Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through	5.21 mm	6.19 mm principal	0.14	ABS-mortgage backed security	Long	USA
NOW ServiceNow, Inc.	5.08 mm	5.32 k shares	0.14	Common equity	Long	USA
QCOM QUALCOMM Incorporated	5.06 mm	34.05 k shares	0.14	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	5.04 mm	5.15 mm principal	0.14	ABS-mortgage backed security	Long	USA
UGI UGI Corporation	5.03 mm	153.45 k shares	0.14	Common equity	Long	USA
DHR Danaher Corporation	4.81 mm	24.15 k shares	0.13	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	4.63 mm	4.94 mm principal	0.13	ABS-mortgage backed security	Long	USA
U.S. Treasury Notes	4.56 mm	4.63 mm principal	0.12	Debt	Long	USA
HD The Home Depot, Inc.	4.54 mm	12.60 k shares	0.12	Common equity	Long	USA
CSX CSX Corporation	4.50 mm	160.28 k shares	0.12	Common equity	Long	USA
Federal National Mortgage Association Conventional 40-Yr. Pass Through	4.43 mm	5.57 mm principal	0.12	ABS-mortgage backed security	Long	USA
NDAQ Nasdaq, Inc.	4.40 mm	57.68 k shares	0.12	Common equity	Long	USA
ETR Entergy Corporation	4.39 mm	52.83 k shares	0.12	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	4.38 mm	4.83 mm principal	0.12	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	4.34 mm	4.60 mm principal	0.12	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	4.29 mm	5.36 mm principal	0.12	ABS-mortgage backed security	Long	USA
MDT Medtronic plc	4.29 mm	50.58 k shares	0.12	Common equity	Long	USA
ADSK Autodesk, Inc.	4.21 mm	15.34 k shares	0.11	Common equity	Long	USA
ECL Ecolab Inc.	4.20 mm	16.69 k shares	0.11	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	4.06 mm	4.81 mm principal	0.11	ABS-mortgage backed security	Long	USA
U.S. Treasury Notes	4.05 mm	4.00 mm principal	0.11	Debt	Long	USA
DUK Duke Energy Corporation	4.00 mm	32.82 k shares	0.11	Common equity	Long	USA
ANET Arista Networks, Inc.	3.90 mm	47.37 k shares	0.11	Common equity	Long	USA
LNSTY London Stock Exchange Group plc	3.82 mm	27.65 k shares	0.10	Common equity	Long	USA
IBM International Business Machines Corporation	3.80 mm	15.70 k shares	0.10	Common equity	Long	USA
WH Wyndham Hotels & Resorts, Inc.	3.75 mm	44.01 k shares	0.10	Common equity	Long	USA
MA Mastercard Incorporated	3.71 mm	6.76 k shares	0.10	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	3.69 mm	4.22 mm principal	0.10	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	3.68 mm	3.66 mm principal	0.10	ABS-mortgage backed security	Long	USA
BRK-B Berkshire Hathaway Inc.	3.68 mm	6.90 k shares	0.10	Common equity	Long	USA
TT Trane Technologies plc	3.68 mm	9.59 k shares	0.10	Common equity	Long	Ireland
CME E-mini S&P Mid-Cap 400 Index	3.61 mm	-611.00 contracts	0.10	Equity derivative	N/A	USA
SYY Sysco Corporation	3.56 mm	49.82 k shares	0.10	Common equity	Long	USA
MRK Merck & Co., Inc.	3.52 mm	41.32 k shares	0.09	Common equity	Long	USA
ORLY O'Reilly Automotive, Inc.	3.50 mm	2.48 k shares	0.09	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	3.50 mm	3.63 mm principal	0.09	ABS-mortgage backed security	Long	USA
BSX Boston Scientific Corporation	3.42 mm	33.28 k shares	0.09	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	3.42 mm	3.92 mm principal	0.09	ABS-mortgage backed security	Long	USA
IDXX IDEXX Laboratories, Inc.	3.41 mm	7.89 k shares	0.09	Common equity	Long	USA
DASH DoorDash, Inc.	3.33 mm	17.28 k shares	0.09	Common equity	Long	USA
COP ConocoPhillips	3.32 mm	37.29 k shares	0.09	Common equity	Long	USA
U.S. Treasury Bonds	3.32 mm	3.30 mm principal	0.09	Debt	Long	USA
U.S. Treasury Notes	3.31 mm	3.30 mm principal	0.09	Debt	Long	USA
CF CF Industries Holdings, Inc.	3.27 mm	41.77 k shares	0.09	Common equity	Long	USA
ADP Automatic Data Processing, Inc.	3.27 mm	10.87 k shares	0.09	Common equity	Long	USA
EPRT Essential Properties Realty Trust, Inc.	3.26 mm	101.42 k shares	0.09	Common equity	Long	USA
HLT Hilton Worldwide Holdings Inc.	3.17 mm	14.06 k shares	0.09	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	3.17 mm	3.39 mm principal	0.09	ABS-mortgage backed security	Long	USA
EHC Encompass Health Corporation	3.14 mm	26.80 k shares	0.08	Common equity	Long	USA
EPD Enterprise Products Partners L.P.	3.09 mm	103.48 k shares	0.08	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	3.08 mm	3.37 mm principal	0.08	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association Discount Notes	3.08 mm	3.10 mm principal	0.08	Short-term investment vehicle	Long	USA
HON Honeywell International Inc.	3.08 mm	14.63 k shares	0.08	Common equity	Long	USA
Federal Home Loan Bank Discount Notes	3.07 mm	3.10 mm principal	0.08	Short-term investment vehicle	Long	USA
VRTX Vertex Pharmaceuticals Incorporated	3.05 mm	5.99 k shares	0.08	Common equity	Long	USA
A Agilent Technologies, Inc.	3.04 mm	28.26 k shares	0.08	Common equity	Long	USA
SBRA Sabra Health Care REIT, Inc.	3.03 mm	169.65 k shares	0.08	Common equity	Long	USA
PH Parker-Hannifin Corporation	3.01 mm	4.98 k shares	0.08	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	3.01 mm	3.15 mm principal	0.08	ABS-mortgage backed security	Long	USA
PG The Procter & Gamble Company	3.00 mm	18.48 k shares	0.08	Common equity	Long	USA
NUE Nucor Corporation	2.99 mm	25.05 k shares	0.08	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	2.98 mm	3.20 mm principal	0.08	ABS-mortgage backed security	Long	USA
LH Laboratory Corporation of America Holdings	2.96 mm	12.29 k shares	0.08	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	2.94 mm	2.95 mm principal	0.08	ABS-mortgage backed security	Long	USA
CB Chubb Limited	2.92 mm	10.21 k shares	0.08	Common equity	Long	Switzerland
CMCSA Comcast Corporation	2.92 mm	85.25 k shares	0.08	Common equity	Long	USA
KVUE Kenvue Inc.	2.91 mm	123.17 k shares	0.08	Common equity	Long	USA
GMED Globus Medical, Inc.	2.89 mm	40.20 k shares	0.08	Common equity	Long	USA
Samsung Electronics Company, Ltd.	2.86 mm	73.23 k shares	0.08	Common equity	Long	Korea, Republic of
Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through	2.85 mm	3.54 mm principal	0.08	ABS-mortgage backed security	Long	USA
AMGN Amgen Inc.	2.82 mm	9.71 k shares	0.08	Common equity	Long	USA
MSCI MSCI Inc.	2.81 mm	5.15 k shares	0.08	Common equity	Long	USA
LIN Linde plc	2.80 mm	6.19 k shares	0.08	Common equity	Long	Ireland
FAST Fastenal Company	2.80 mm	34.60 k shares	0.08	Common equity	Long	USA
SNX TD SYNNEX Corporation	2.80 mm	25.28 k shares	0.08	Common equity	Long	USA
VRSK Verisk Analytics, Inc.	2.79 mm	9.41 k shares	0.08	Common equity	Long	USA
ASF VIII Sidecar (Cayman), LP	2.78 mm	1.00 shares	0.08		Long	Cayman Islands
Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through	2.75 mm	2.93 mm principal	0.07	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	2.75 mm	2.87 mm principal	0.07	ABS-mortgage backed security	Long	USA
Sanofi SA ADR	2.75 mm	50.03 k shares	0.07	Common equity	Long	France
CYBR CyberArk Software Ltd.	2.74 mm	7.77 k shares	0.07	Common equity	Long	Israel
Federal National Mortgage Association Conventional 30-Yr. Pass Through	2.73 mm	3.28 mm principal	0.07	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	2.71 mm	3.07 mm principal	0.07	ABS-mortgage backed security	Long	USA
LMT Lockheed Martin Corporation	2.70 mm	5.66 k shares	0.07	Common equity	Long	USA
DAL Delta Air Lines, Inc.	2.67 mm	64.05 k shares	0.07	Common equity	Long	USA
CAT Caterpillar Inc.	2.64 mm	8.54 k shares	0.07	Common equity	Long	USA
WMT Walmart Inc.	2.64 mm	27.15 k shares	0.07	Common equity	Long	USA
COR Cencora, Inc.	2.63 mm	9.00 k shares	0.07	Common equity	Long	USA
CRM Salesforce, Inc.	2.62 mm	9.74 k shares	0.07	Common equity	Long	USA
AME AMETEK, Inc.	2.61 mm	15.40 k shares	0.07	Common equity	Long	USA
UBER Uber Technologies, Inc.	2.59 mm	31.95 k shares	0.07	Common equity	Long	USA
LOW Lowe's Companies, Inc.	2.58 mm	11.55 k shares	0.07	Common equity	Long	USA
CBRE CBRE Group, Inc.	2.57 mm	21.06 k shares	0.07	Common equity	Long	USA
DD DuPont de Nemours, Inc.	2.56 mm	38.77 k shares	0.07	Common equity	Long	USA
VST Vistra Corp.	2.54 mm	19.61 k shares	0.07	Common equity	Long	USA
DHI D.R. Horton, Inc.	2.53 mm	20.06 k shares	0.07	Common equity	Long	USA
MSI Motorola Solutions, Inc.	2.52 mm	5.72 k shares	0.07	Common equity	Long	USA
CCI Crown Castle Inc.	2.51 mm	23.77 k shares	0.07	Common equity	Long	USA
PLTR Palantir Technologies Inc.	2.50 mm	21.12 k shares	0.07	Common equity	Long	USA
Thrivent Core Low Volatility Equity Fund	2.50 mm	212.21 k shares	0.07		Long	USA
Ferguson Enterprises Inc.	2.50 mm	14.72 k shares	0.07	Common equity	Long	USA
PM Philip Morris International Inc.	2.48 mm	14.45 k shares	0.07	Common equity	Long	USA
GWRE Guidewire Software, Inc.	2.47 mm	12.05 k shares	0.07	Common equity	Long	USA
PEG Public Service Enterprise Group Incorporated	2.47 mm	30.85 k shares	0.07	Common equity	Long	USA
U.S. Treasury Bonds	2.45 mm	4.60 mm principal	0.07	Debt	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	2.44 mm	2.69 mm principal	0.07	ABS-mortgage backed security	Long	USA
Federal Home Loan Mortgage Corporation Conventional 30-Yr. Pass Through	2.43 mm	2.67 mm principal	0.07	ABS-mortgage backed security	Long	USA
ZBH Zimmer Biomet Holdings, Inc.	2.43 mm	23.56 k shares	0.07	Common equity	Long	USA
CNH CNH Industrial N.V.	2.42 mm	209.49 k shares	0.07	Common equity	Long	Netherlands
DFS Discover Financial Services	2.42 mm	13.26 k shares	0.07	Common equity	Long	USA
KIOR Kior Inc	2.40 mm	29.86 k shares	0.06	Common equity	Long	USA
Federal National Mortgage Association Conventional 30-Yr. Pass Through	2.40 mm	2.43 mm principal	0.06	ABS-mortgage backed security	Long	USA
FLS Flowserve Corporation	2.40 mm	52.96 k shares	0.06	Common equity	Long	USA
Federal National Mortgage Association Conventional 20-Yr. Pass Through	2.39 mm	2.51 mm principal	0.06	ABS-mortgage backed security	Long	USA
Cigna Holding Co	2.38 mm	7.00 k shares	0.06	Common equity	Long	USA
TMO Thermo Fisher Scientific Inc.	2.37 mm	5.53 k shares	0.06	Common equity	Long	USA
LHX L3Harris Technologies, Inc.	2.36 mm	10.73 k shares	0.06	Common equity	Long	USA