THRIVENT LARGE CAP GROWTH FUND
Actively managed U.S. stock fund
As of its 2026 Q2 report, THRIVENT LARGE CAP GROWTH FUND held 44 positions with $4.36B in net assets. Its ten largest holdings made up 55.3% of the fund. The AAAGX share class costs 0.99% a year. Over the 12 months to May 2026, AAAGX returned 24.8%, with dividends reinvested. In 2026 Q3 it added 5 new positions and exited 5.
Thrivent Large Cap Growth Fund (the "Fund") seeks long-term capital appreciation.
The fund invests at least 80% of assets in equity securities of large-cap companies, defined as those with market capitalizations at or above the smallest company in the Russell 1000 Index or S&P 500 Index. The adviser uses fundamental analysis to identify stocks expected to deliver above-average earnings growth relative to the broader economy and market, with a particular focus on technology companies. As a non-diversified fund, it may concentrate holdings in a relatively few number of issuers, creating potential for greater volatility tied to the performance of those positions.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
10.85% | $473.15M | 2.4M | $199.57 | |
AMZNAMAZON.COM INC | 7.95% | $346.77M | 1.3M | $265.06 |
6.09% | $265.57M | 651.3K | $407.78 | |
AAPLAPPLE INC | 5.97% | $260.46M | 959.9K | $271.35 |
GOOGLALPHABET INC | 5.33% | $232.40M | 603.9K | $384.80 |
AVGOBROADCOM INC | 5.13% | $223.62M | 535.7K | $417.43 |
GOOGALPHABET INC | 4.63% | $201.96M | 528.8K | $381.94 |
4.09% | $178.34M | 291.4K | $611.91 | |
2.78% | $121.40M | 318.1K | $381.63 | |
2.52% | $109.72M | 309.5K | $354.49 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 44 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 97.63% |
| Cash & short-term | 1.83% |
| Other | 0.70% |
By sector
- Information Technology
- 41.2%
- Communication Services
- 15.1%
- Consumer Discretionary
- 13.0%
- Industrials
- 10.5%
- 6 other sectors
- 20.3%
- Information Technology
- 41.2%
- Communication Services
- 15.1%
- Consumer Discretionary
- 13.0%
- Industrials
- 10.5%
- Financials
- 7.5%
- Health Care
- 5.6%
- International
- 2.5%
- Cash
- 2.0%
- Consumer Staples
- 2.0%
- Energy
- 0.6%
How it has done
AAAGX share class · total returns with dividends reinvested
Volatility over the last 12 months: 17.79%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.99% | +24.82% | +91.91% | +77.04% | -12.56% | |
| 0.74% | +25.12% | +93.51% | +79.51% | -12.47% |
These classes hold the same portfolio, so the 2.47pp spread over 5 years is the cost difference between them — roughly 0.49pp a year — not a difference in what they own.
Fees & fund details
THRIVENT LARGE CAP GROWTH FUND is an actively managed U.S. equity fund. 31% of AAAGX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 98% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 0.74% – 0.99%· AAAGX 0.99%
- Portfolio turnover
- 46.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
5 new
5 exited
Understand how this fund fits with the rest.
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