It looks like like the CPU core parking has been disabled in the power plan.
You can try to re-enable it with the "Disable CPU Core Parking Utility".
Edit: Sadly this doesn't resolve the issue in my case. Even when I run an application with high CPU load on one virtual CPU, the frequency remains at the base frequency plus 133 MHz (in my case with Core i7-860) for all cores.
Edit2: I found out the solution: Turbo Boost doesn't work with Hyper-V. With the following command the system runs at full speed again:
bcdedit /set {current} hypervisorlaunchtype off
Edit3: I had another system (Core i9-9880H, that wouldn't go beyond 2.3 GHz). I unlocked SpeedShift with the tool "Quick CPU" by setting the maximum allowed multiplier to 48. Now I get the full 4.8 GHz, when needed.