Thornburg ETF Tr (TMB): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Thornburg ETF Tr (TMB) following the 2026 Q1 hedge fund 13F filings?

As of today, TMB has moved +0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -1.9%. Since the quarter end (March 31, 2026), TMB gained -0.2% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Thornburg ETF Tr (TMB)

27 + Investors. Track Smart Money conviction in TMB. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — TMB

Based on 27 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 4Q

For 4 consecutive quarters, more hedge funds added TMB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

27 hedge funds hold TMB right now — the highest count in 1.2 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +800% more funds vs a year ago

fund count last 5Q

+24 new funds entered over the past year (+800% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 4 quarters from the low — a sharp move.

🟢

More buyers than sellers — 66% buying

21 buying11 selling

Last quarter: 21 funds were net buyers (10 opened a brand new position + 11 added to an existing one). Only 11 were sellers (6 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 13 → 10 → 5 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 70% entered in last year

■ 0% conviction (2yr+) ■ 30% medium ■ 70% new

Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

📊

Peak discovery — momentum slowing

13 → 10 → 5 → 10 new funds/Q

New funds entering each quarter: 13 → 10 → 5 → 10. TMB is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new

Of 27 current holders: 27 (100%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.

📋

Smaller funds dominant — 9% AUM from top-100

9% from top-100 AUM funds

6 of 27 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

6.4

out of 10

Moderate Exit Risk

Exit risk score 6.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	27	22	22.73%
13F Shares	6M	2M	247.95%
Total Value	$145M	$42M	245.2%
New Positions	10	5	+5
Increased Positions	11	13	-2
Closed Positions	5	4	+1
Reduced Positions	6	2	+4
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

22.73%

13F Shares

247.95%

Total Value

$145M

$42M

245.2%

New Positions

Increased Positions

-2

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

27 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TMB. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 TMB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Strid Group, LLC	1.84%	582,838	$14.9M
2	Personal Cfo Solutions, LLC	1.59%	444,552	$11.3M
3	Flynn Zito Capital Management, LLC	1.36%	166,312	$4.2M
4	WCG Wealth Advisors LLC	1.24%	1,738,123	$44.3M
5	Integrity Wealth Solutions LLC	1.08%	107,846	$2.8M
6	D.B. Root & Company, LLC	1.07%	175,691	$4.5M
7	Clay Northam Wealth Management, LLC	0.91%	63,300	$1.6M
8	Spartan Wealth Advisory Services LLC	0.84%	376,343	$9.6M
9	Empire Financial Management Company, LLC	0.32%	56,218	$1.4M
10	Westside Investment Management, Inc.	0.28%	70,973	$1.8M
11	Cornerstone Wealth Group, LLC	0.23%	137,692	$3.5M
12	Channel Wealth LLC	0.06%	10,348	$264K
13	Mariner, LLC	0.03%	1,107,840	$28.3M
14	Sunbelt Securities, Inc.	0.01%	6,635	$169K
15	Sound Income Strategies, LLC	0.00%	2,757	$70K
16	Spire Wealth Management	0.00%	3,335	$85K
17	HighTower Advisors, LLC	0.00%	105,788	$2.7M
18	Private Trust Co NA	0.00%	1,096	$28K
19	LPL Financial LLC	0.00%	341,288	$8.7M
20	Goldman Sachs Group Inc	0.00%	165,956	$4.2M
21	Wealth Enhancement Advisory Services, LLC	0.00%	8,533	$218K
22	IFP Advisors, Inc	0.00%	263	$7K
23	Citadel Advisors LLC	0.00%	12,787	$326K
24	Jane Street Group, LLC	0.00%	13,156	$336K
25	Morgan Stanley	0.00%	462	$12K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Thornburg ETF Tr (TMB)

What does the Smart Money Trend signal show for TMB?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added TMB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TMB?

More buyers than sellers — 66% buying: Last quarter: 21 funds were net buyers (10 opened a brand new position + 11 added to an existing one). Only 11 were sellers (6 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for TMB holders?

Smaller funds dominant — 9% AUM from top-100: 6 of 27 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TMB?

Mostly new holders — 70% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Thornburg ETF Tr (TMB) following the 2026 Q1 hedge fund 13F filings?

As of today, TMB has moved +0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -1.9%. Since the quarter end (March 31, 2026), TMB has gained -0.2% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Thornburg ETF Tr (TMB)

Smart Money Signals — TMB

Buying streak — 4 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +800% more funds vs a year ago

More buyers than sellers — 66% buying

Steady new buyers — ~10 new funds per quarter

Mostly new holders — 70% entered in last year

Peak discovery — momentum slowing

Early stage — 100% of holders entered in last year

Smaller funds dominant — 9% AUM from top-100

Institutional Sentiment Summary — TMB

Hedge Fund Ownership: TMB

Market Analysis: TMB

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: TMB

Is It Too Late to Buy Thornburg ETF Tr (TMB) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: TMB

Statistics: TMB

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Thornburg ETF Tr (TMB)

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