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TBLD

Thornburg Income Builder Opportunities Trust
TBLD

43 hedge funds and large institutions have $145M invested in Thornburg Income Builder Opportunities Trust in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 14

7% more capital invested

Capital invested by funds: $136M → $145M (+$9.14M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.78% less ownership

Funds ownership: 25.96% → 25.18% (-0.78%)

17% less funds holding

Funds holding: 52 → 43 (-9)

69% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 13

Holders
43
Holders Change
-9
Holders Change %
-17.31%
% of All Funds
0.58%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
4
Increased
17
Reduced
14
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
+$2.04M
2
Raymond James Financial
Raymond James Financial
Florida
+$1.08M
3
Stifel Financial
Stifel Financial
Missouri
+$597K
4
Morgan Stanley
Morgan Stanley
New York
+$378K
5
LPL Financial
LPL Financial
California
+$330K

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$2.68M
2
Cohen & Steers
Cohen & Steers
New York
-$1.4M
3
SA
Sanctuary Advisors
Indiana
-$1.38M
4
WAM
Wolverine Asset Management
Illinois
-$1.16M
5
AAM
Advisors Asset Management
Colorado
-$727K
Name Holding Trade Value Shares
Change 		Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$413K +$16.4K +950 +4%
HAIM
27
Hunter Associates Investment Management
Pennsylvania
$368K – – –
NA
28
NewEdge Advisors
Louisiana
$265K – – –
Brown Advisory
29
Brown Advisory
Maryland
$246K – – –
RCM
30
Rivernorth Capital Management
Florida
$244K – – –
XT
31
XTX Topco
Cayman Islands
$239K +$230K +13,348 New
Calamos Advisors
32
Calamos Advisors
Illinois
$220K -$8.44K -490 -4%
HCM
33
Hicks Capital Management
Ohio
$213K +$204K +11,856 New
SOS
34
Silver Oak Securities
Tennessee
$211K +$12.9K +750 +7%
P
35
&Partners
Tennessee
$205K -$13.5K -786 -6%
SPIA
36
Steward Partners Investment Advisory
New York
$197K -$34.3K -1,993 -15%
PCG
37
Prosperity Consulting Group
Maryland
$179K – – –
Comerica Bank
38
Comerica Bank
Texas
$111K +$10.3K +600 +11%
SWA
39
SOA Wealth Advisors
New York
$29.1K – – –
AF
40
Allworth Financial
California
$26.7K +$25.8K +1,500 New
TSMHT
41
Thurston Springer Miller Herd & Titak
Indiana
$4.49K +$4.31K +250 New
CW
42
Curio Wealth
Maryland
$2.85K -$3K -174 -99%
Cohen & Steers
43
Cohen & Steers
New York
– -$1.4M -85,701 Closed
WAM
44
Wolverine Asset Management
Illinois
– -$1.16M -71,548 Closed
1CP
45
1607 Capital Partners
Virginia
– -$348K -21,404 Closed
RAM
46
Readystate Asset Management
Illinois
– -$345K -21,219 Closed
Walleye Capital
47
Walleye Capital
New York
– -$322K -19,752 Closed
Jane Street
48
Jane Street
New York
– -$223K -13,684 Closed
VF
49
Virtu Financial
New York
– -$222K -13,635 Closed
Citadel Advisors
50
Citadel Advisors
Florida
– -$165K -10,158 Closed
1
2
3

TBLD Hedge Fund Activity: Q1 2025 in Review

43 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Thornburg Income Builder Opportunities Trust (TBLD) for Q1 2025, worth a combined $145M — up 6.7% from $136M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of TBLD and 4 opened new positions — a net loss of 9 holders — while 14 trimmed existing stakes and 17 added.

The largest buyer was Wells Fargo, adding an estimated $2.04M. The largest seller was Saba Capital Management, cutting an estimated $2.68M.

  • 43 institutional investors held Thornburg Income Builder Opportunities Trust (TBLD) as of Q1 2025, down from 52 in Q4 2024.
  • Funds reported $145M of Thornburg Income Builder Opportunities Trust stock for Q1 2025, up 6.7% quarter-over-quarter.
  • 4 funds opened new Thornburg Income Builder Opportunities Trust positions in Q1 2025 and 13 closed out, a net change of -9 holders.
  • The largest Thornburg Income Builder Opportunities Trust buyer in Q1 2025 was Wells Fargo, an estimated $2.04M added.
  • The largest Thornburg Income Builder Opportunities Trust seller in Q1 2025 was Saba Capital Management, an estimated $2.68M sold.

Based on aggregated 13F filings for Q1 2025.