Thornburg Income Builder Opportunities Trust
TBLD
49 hedge funds and large institutions have $173M invested in Thornburg Income Builder Opportunities Trust in 2025 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 11 reducing their positions, and 3 closing their positions.
155% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 11
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
11% more capital invested
Capital invested by funds: $156M → $173M (+$16.8M)
4% more funds holding
Funds holding: 47 → 49 (+2)
2.29% more ownership
Funds ownership: 24.85% → 27.14% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCP
Kera Capital Partners
San Jose,
California
|
+$4.5M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.8M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.34M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.33M |
| 5 |
Morgan Stanley
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.13M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$374K |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$313K |
| 4 |
DWM
DKM Wealth Management
Stockton,
California
|
-$279K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$224K |
TBLD Hedge Fund Activity: Q3 2025 in Review
49 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Thornburg Income Builder Opportunities Trust (TBLD) for Q3 2025, worth a combined $173M — up 11% from $156M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TBLD positions and 3 closed out — a net gain of 2 holders — while 28 added to existing stakes and 11 trimmed.
The largest buyer was Kera Capital Partners, adding an estimated $4.5M. The largest seller was UBS Group, cutting an estimated $1.13M.
- 49 institutional investors held Thornburg Income Builder Opportunities Trust (TBLD) as of Q3 2025, up from 47 in Q2 2025.
- Funds reported $173M of Thornburg Income Builder Opportunities Trust stock for Q3 2025, up 11% quarter-over-quarter.
- 5 funds opened new Thornburg Income Builder Opportunities Trust positions in Q3 2025 and 3 closed out, a net change of +2 holders.
- The largest Thornburg Income Builder Opportunities Trust buyer in Q3 2025 was Kera Capital Partners, an estimated $4.5M added.
- The largest Thornburg Income Builder Opportunities Trust seller in Q3 2025 was UBS Group, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2025.