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Thornburg Income Builder Opportunities Trust

TBLD
Exchange
Nasdaq
SEC CIK
0001820378

In the last 90 days, Thornburg Income Builder Opportunities Trust insiders filed 2 open-market purchases and 0 sales; 56 institutions reported holding it in 13F filings for Q2 2026, worth $219.9M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Thornburg Income Builder Opportunities Trust as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
56
+8 vs. Q3 2025
Shares held
9.16M
+502.7K (+5.8%) vs. Q3 2025
Total value
$184.7M
+$12.4M (+7.2%) vs. Q3 2025
New holders
12
28 more added
Sold out
4
11 more reduced

1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TBLD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 56 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 7 institutionsQ4 2021: 33 institutionsQ1 2022: 24 institutionsQ2 2022: 29 institutionsQ3 2022: 36 institutionsQ4 2022: 37 institutionsQ1 2023: 33 institutionsQ2 2023: 39 institutionsQ3 2023: 40 institutionsQ4 2023: 44 institutionsQ1 2024: 48 institutionsQ2 2024: 50 institutionsQ3 2024: 42 institutionsQ4 2024: 52 institutionsQ1 2025: 43 institutionsQ2 2025: 47 institutionsQ3 2025: 49 institutionsQ4 2025: 56 institutionsQ1 2026: 54 institutionsQ2 2026: 56 institutions
Value heldQ4 2025: $184.7M
Q1 2021: $0Q2 2021: $0Q3 2021: $12.4MQ4 2021: $52.1MQ1 2022: $49.2MQ2 2022: $51.2MQ3 2022: $50.1MQ4 2022: $67.2MQ1 2023: $77.6MQ2 2023: $86.4MQ3 2023: $91.3MQ4 2023: $100.1MQ1 2024: $100.0MQ2 2024: $114.5MQ3 2024: $118.7MQ4 2024: $135.7MQ1 2025: $144.8MQ2 2025: $156.4MQ3 2025: $173.2MQ4 2025: $184.7MQ1 2026: $190.4MQ2 2026: $219.9M
Institutions holding TBLD and their total value by quarter
QuarterHoldersValue
Q2 202656$219.9M
Q1 202654$190.4M
Q4 202556$184.7M
Q3 202549$173.2M
Q2 202547$156.4M
Q1 202543$144.8M
Q4 202452$135.7M
Q3 202442$118.7M
Q2 202450$114.5M
Q1 202448$100.0M
Q4 202344$100.1M
Q3 202340$91.3M
Q2 202339$86.4M
Q1 202333$77.6M
Q4 202237$67.2M
Q3 202236$50.1M
Q2 202229$51.2M
Q1 202224$49.2M
Q4 202133$52.1M
Q3 20217$12.4M
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Thornburg Income Builder Opportunities Trust; share changes are against Q3 2025.

Institutions holding TBLD in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
UBS Group AG1,786,490$35.9M0.01%−235,912−11.7%Reduced
DKM Wealth Management, Inc.952,992$19.2M14.29%+11,919+1.3%Added
Stifel Financial Corp721,378$14.5M0.01%+16,682+2.4%Added
Raymond James Financial Inc697,456$14.0M0.00%−133,551−16.1%Reduced
Advisors Asset Management, Inc.675,405$13.6M0.23%+68,635+11.3%Added
Morgan Stanley586,827$11.8M0.00%+92,478+18.7%Added
Royal Bank of Canada491,279$9.88M0.00%+45,271+10.2%Added
Kera Capital Partners, Inc.434,901$9.22M1.14%+33,282+8.3%Added
Wells Fargo & Company410,408$8.25M0.00%+28,014+7.3%Added
LPL Financial LLC260,739$5.24M0.00%+42,434+19.4%Added
Thomas J. Herzfeld Advisors, Inc.231,757$4.66M1.58%+3,799+1.7%Added
Rockefeller Capital Management L.P.157,334$3.16M0.01%+15,912+11.3%Added
Wealth Enhancement Advisory Services, LLC154,775$3.13M0.00%+34,372+28.5%Added
Private Advisor Group, LLC121,836$2.45M0.01%+766+0.6%Added
Kestra Advisory Services, LLC91,398$1.84M0.01%+599+0.7%Added
Sanctuary Advisors, LLC85,578$1.72M0.01%−1,298−1.5%Reduced
Hennion & Walsh Asset Management, Inc.84,503$1.70M0.06%+31,046+58.1%Added
Evolve Private Wealth, LLC83,818$1.69M0.10%+83,818New
Concurrent Investment Advisors, LLC84,238$1.69M0.02%+10,709+14.6%Added
Alessandra Capital Management, LLC83,734$1.68M1.50%+83,734New
Wolverine Asset Management LLC69,875$1.40M0.02%+69,875New
D.A. Davidson & Co.68,934$1.39M0.01%+3,895+6.0%Added
Invesco Ltd.67,054$1.35M0.00%+552+0.8%Added
Janney Montgomery Scott LLC63,633$1.28M0.00%−3,649−5.4%Reduced
Shaker Financial Services, LLC54,866$1.11M0.35%+54,866New
Dakota Wealth Management49,748$999.9K0.02%+49,748New
PMG Family Office LLC47,570$956.2K1.11%+50.0%Added
Readystate Asset Management LP47,524$955.2K0.04%+47,524New
Financial Management Network Inc44,031$888.5K0.14%−549−1.2%Reduced
Wedbush Securities Inc39,969$803.0K0.02%+1,550+4.0%Added
Closed-End Fund Advisors, Inc.39,027$784.4K0.46%+39,027New
Advisor Group Holdings, Inc.38,511$774.2K0.00%+9,264+31.7%Added
Oppenheimer & Co Inc35,979$723.2K0.01%−3,619−9.1%Reduced
Cambridge Investment Research Advisors, Inc.33,806$679.0K0.00%00.0%Unchanged
Hunter Associates Investment Management LLC27,831$559.0K0.07%+4,800+20.8%Added
Advisory Advocates, LLC26,200$526.6K0.52%+26,200New
Comerica Bank24,200$486.4K0.00%+600+2.5%Added
Steward Partners Investment Advisory, LLC22,250$447.2K0.00%+790+3.7%Added
Commonwealth Equity Services, LLC20,440$410.8K0.00%−3,800−15.7%Reduced
GWM Advisors LLC15,563$312.8K0.00%−1,590−9.3%Reduced
KW Wealth Management LLC14,058$282.6K0.43%+14,058New
Brown Advisory Inc13,720$275.8K0.00%00.0%Unchanged
Bank of America Corp13,407$269.5K0.00%−45−0.3%Reduced
Blue Bell Private Wealth Management, LLC13,396$269.3K0.04%−2,140−13.8%Reduced
Hicks Capital Management LLC12,856$258.4K0.26%00.0%Unchanged
Brown Brothers Harriman & Co12,023$241.7K0.00%00.0%Unchanged
LaSalle St. Investment Advisors, LLC11,890$238.0K0.04%+346+3.0%Added
Wiley Bros.-Aintree Capital, LLC11,546$232.1K0.00%+30.0%Added
Silver Oak Securities, Inc10,060$202.3K0.01%−1,825−15.4%Reduced
Prosperity Consulting Group, LLC10,000$201.0K0.01%00.0%Unchanged
Webster Bank, N. A.3,000$60.3K0.01%+3,000New
SOA Wealth Advisors, LLC.1,681$33.8K0.01%+26+1.6%Added
Whittier Trust Co500$10.1K0.00%+500New
Thurston, Springer, Miller, Herd & Titak, Inc.450$9.04K0.00%+250+125.0%Added
Global Retirement Partners, LLC407$8.18K0.00%+256+169.5%Added
Pinnacle Wealth Planning Services, Inc.9$1810.00%+9New
Virtu Financial LLC0$00.00%−14,802−100.0%Sold out
Calamos Advisors LLC0$00.00%−13,728−100.0%Sold out
Envestnet Asset Management Inc0$00.00%−10,418−100.0%Sold out
Newbridge Financial Services Group, Inc.0$00.00%−1,000−100.0%Sold out
Lokken Investment Group LLC––––Not filed