Harspring Capital Management’s Turning Point Brands TPB Stock Holding History

Harspring Capital Management’s Portfolio TPB Stock Details TPB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$11M	Sell	126,808 -54,692	-30%	-$6.09M	5.79%	9
2025 Q4	$19.7M	Hold	181,500	–	–	7.3%	7
2025 Q3	$17.9M	Hold	181,500	–	–	6.87%	7
2025 Q2	$13.8M	Hold	181,500	–	–	4.84%	9
2025 Q1	$10.8M	Hold	181,500	–	–	4.13%	11
2024 Q4	$10.9M	Hold	181,500	–	–	3.1%	14
2024 Q3	$7.83M	Hold	181,500	–	–	1.86%	15
2024 Q2	$5.82M	Buy	181,500 +21,500	+13%	+$664K	1.47%	16
2024 Q1	$4.69M	Buy	160,000 +80,176	+100%	+$2.04M	1.11%	17
2023 Q4	$2.1M	Buy	+79,824	New	+$1.83M	0.5%	17

Other funds holding TPB

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Thrivent Financial for Lutherans Minneapolis, Minnesota $52.5B AUM 27.12% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

ACH

ArrowMark Colorado Holdings Denver, Colorado $3.76B AUM 21.77% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

DCM

Driehaus Capital Management Chicago, Illinois $13.6B AUM 173.98% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Harspring Capital Management's TPB Position: Q1 2026 in Review

Harspring Capital Management reduced its Turning Point Brands (TPB) stake by 30% in Q1 2026, selling an estimated $6.09M and leaving 126,808 shares worth $11M. The position accounts for 5.79% of the portfolio, ranked #9.

Harspring Capital Management first reported a position in TPB in Q4 2023 and has held it in 10 quarters since. The position peaked at $19.7M in Q4 2025. 240 funds tracked by Wall St. Rank hold TPB as of Q1 2026.

Harspring Capital Management held 126,808 shares of Turning Point Brands worth $11M as of Q1 2026.
Harspring Capital Management sold 54,692 Turning Point Brands shares in Q1 2026, an estimated $6.09M.
Turning Point Brands made up 5.79% of Harspring Capital Management's portfolio in Q1 2026, its #9 holding.
Harspring Capital Management first reported a position in Turning Point Brands in Q4 2023 and has held it in 10 quarters since.
Harspring Capital Management's Turning Point Brands position peaked at $19.7M in Q4 2025.
240 funds tracked by Wall St. Rank held Turning Point Brands as of Q1 2026.

Based on Harspring Capital Management's 13F filing for Q1 2026, filed 13 May 2026.