# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0000811869-25-000290
**Filing Date:** 2025-12
**Character Count:** 16607
**Document Hash:** f71428c0cc7c291c83eac46a42bfeca0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000811869-25-000290.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000811869-25-000290

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THRIVENT MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000811869

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05075
- **FILM NUMBER:** 251603892

**BUSINESS ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211
- **BUSINESS PHONE:** 612-844-7190

**MAIL ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Thrivent Large Cap Growth Fund (Series ID: S000001362)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003637 | Class A      | AAAGX           |
| C000003639 | Class S      | THLCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Thrivent Mutual Funds

- **b. Investment Company Act file number:** 811-05075

- **c. CIK number of Registrant:** 0000811869

- **d. LEI of Registrant:** 549300K3CUETFK7U3B57

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 901 Marquette Avenue

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402-3211

  - **Telephone number:** 612-844-5168

**Item A.2. Information about the Series.**

- **a. Name of Series:** THRIVENT LARGE CAP GROWTH FUND

- **b. EDGAR series identifier (if any):** S000001362

- **c. LEI of Series:** 549300AR6SK11V0PGT33

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $4233327226.53

**Total Liabilities:** $631675.05

**Net Assets:** $4232695551.48

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003639 | 0.47%                | 5.15%                | 3.69%                |
| Class ID C000003637 | 0.46%                | 5.11%                | 3.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $32295424.20             | $-14694460.46                              |
| Month 2  | $68860948.30             | $131272656.98                              |
| Month 3  | $29516118.23             | $121711252.97                              |

### Schedule of Portfolio Investments

| Name                              | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NVIDIA CORP                       | NVIDIA Corporation                                           | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   2674358 | NS      | $541530751.42 | 12.79%            |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS CO               | American Express Company                                     | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    132484 | NS      | $47790953.32  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                       | Oracle Corporation                                           | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    232680 | NS      | $61104094.80  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US     | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        | 179538653 | NS      | $179538652.73 | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC         | Palantir Technologies, Inc.                                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    306127 | NS      | $61369279.69  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP                     | AppLovin Corporation                                         | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     45623 | NS      | $29076906.59  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL INC            | Intuitive Surgical, Inc.                                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    110459 | NS      | $59016034.52  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                      | Alphabet, Inc., Class A                                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    553602 | NS      | $155667346.38 | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| LILLY ELI & CO                    | Eli Lilly & Company                                          | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    105974 | NS      | $91440725.64  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                | Meta Platforms, Inc.                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    305129 | NS      | $197830387.15 | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MKTS INC                | Robinhood Markets, Inc.                                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    261584 | NS      | $38395299.52  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON COM INC                    | Amazon.com, Inc.                                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1352772 | NS      | $330373977.84 | 7.81%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                         | Apple, Inc.                                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1132724 | NS      | $306254587.88 | 7.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                         | Amgen, Inc.                                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |    139253 | NS      | $41557272.79  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO               | JPMorgan Chase & Company                                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    225309 | NS      | $70098136.08  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                    | Microsoft Corporation                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    751962 | NS      | $389373443.22 | 9.20%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC             | Uber Technologies, Inc.                                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    440419 | NS      | $42500433.50  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DOORDASH INC                      | DoorDash, Inc.                                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    216256 | NS      | $55009038.72  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                            | SAP SE ADR                                                   | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |    134574 | NS      | $34990585.74  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORP              | Parker-Hannifin Corporation                                  | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     73957 | NS      | $57156188.31  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                    | Home Depot, Inc.                                             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    234804 | NS      | $89129250.36  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHS CORP | International Business Machines Corporation                  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |    167031 | NS      | $51346999.71  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                       | Walmart, Inc.                                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    788356 | NS      | $79765860.08  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                       | Netflix, Inc.                                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     86501 | NS      | $96782508.86  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FASTENAL CO                       | Fastenal Company                                             | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |   1147767 | NS      | $47230612.05  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY S A            | Spotify Technology SA                                        | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |     69143 | NS      | $45310790.76  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                    | ServiceNow, Inc.                                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     89476 | NS      | $82253497.28  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                    | ConocoPhillips                                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    269052 | NS      | $23907960.72  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES INC        | Advanced Micro Devices, Inc.                                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    194671 | NS      | $49859136.52  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIPRISE FINL INC               | Ameriprise Financial, Inc.                                   | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     58969 | NS      | $26699394.13  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                          | Visa, Inc.                                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    469524 | NS      | $159985607.76 | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD   | Taiwan Semiconductor Manufacturing Company, Ltd. ADR         | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    213802 | NS      | $64232534.86  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                   | Caterpillar, Inc.                                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    111322 | NS      | $64261737.72  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                      | Danaher Corporation                                          | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    205216 | NS      | $44199422.08  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                      | Broadcom, Inc.                                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | SG        |    528432 | NS      | $195324320.16 | 4.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                      | Alphabet, Inc., Class C                                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    585260 | NS      | $164937973.20 | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                         | Tesla, Inc.                                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    318844 | NS      | $145571416.64 | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** Thrivent Mutual Funds

**Signature:** Sarah L. Bergstrom

**Name of Signer:** Sarah L. Bergstrom

**Title:** Treasurer and Principal Accounting Officer