Thornburg Income Builder Opportunities Trust
TBLD
47 hedge funds and large institutions have $156M invested in Thornburg Income Builder Opportunities Trust in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 9 reducing their positions, and 5 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 9
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
9% more funds holding
Funds holding: 43 → 47 (+4)
8% more capital invested
Capital invested by funds: $145M → $156M (+$11.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.32% less ownership
Funds ownership: 25.18% → 24.85% (-0.32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$2.06M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.21M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.2M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$957K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$700K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$9.88M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.14M |
| 3 |
DWM
DKM Wealth Management
Stockton,
California
|
-$352K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$244K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$239K |
TBLD Hedge Fund Activity: Q2 2025 in Review
47 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Thornburg Income Builder Opportunities Trust (TBLD) for Q2 2025, worth a combined $156M — up 8% from $145M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TBLD positions and 5 closed out — a net gain of 4 holders — while 22 added to existing stakes and 9 trimmed.
The largest buyer was Stifel Financial, adding an estimated $2.06M. The largest seller was Saba Capital Management, exiting entirely with an estimated $9.88M sold.
- 47 institutional investors held Thornburg Income Builder Opportunities Trust (TBLD) as of Q2 2025, up from 43 in Q1 2025.
- Funds reported $156M of Thornburg Income Builder Opportunities Trust stock for Q2 2025, up 8% quarter-over-quarter.
- 9 funds opened new Thornburg Income Builder Opportunities Trust positions in Q2 2025 and 5 closed out, a net change of +4 holders.
- The largest Thornburg Income Builder Opportunities Trust buyer in Q2 2025 was Stifel Financial, an estimated $2.06M added.
- The largest Thornburg Income Builder Opportunities Trust seller in Q2 2025 was Saba Capital Management, an estimated $9.88M sold.
Based on aggregated 13F filings for Q2 2025.