Mangrove Partners’s Turning Point Brands TPB Stock Holding History

Mangrove Partners’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	–	Sell	-265,205	Closed	-$28.7M	–	590
2025 Q4	$28.7M	Buy	265,205 +4,214	+2%	+$412K	2.34%	19
2025 Q3	$25.8M	Buy	260,991 +161,732	+163%	+$14.6M	1.91%	21
2025 Q2	$7.52M	Hold	99,259	–	–	0.81%	29
2025 Q1	$5.9M	Hold	99,259	–	–	0.64%	38
2024 Q4	$5.97M	Hold	99,259	–	–	0.66%	40
2024 Q3	$4.28M	Hold	99,259	–	–	0.37%	61
2024 Q2	$3.19M	Hold	99,259	–	–	0.24%	76
2024 Q1	$2.91M	Hold	99,259	–	–	0.2%	92
2023 Q4	$2.61M	Sell	99,259 -756,464	-88%	-$17.3M	0.18%	103
2023 Q3	$19.8M	Hold	855,723	–	–	1.49%	19
2023 Q2	$20.5M	Hold	855,723	–	–	1.42%	24
2023 Q1	$18M	Hold	855,723	–	–	1.18%	26
2022 Q4	$18.5M	Buy	855,723 +64,749	+8%	+$1.38M	1.05%	21
2022 Q3	$16.8M	Buy	790,974 +155,109	+24%	+$3.85M	0.97%	19
2022 Q2	$17.3M	Buy	635,865 +356,862	+128%	+$10.5M	0.85%	13
2022 Q1	$9.49M	Buy	279,003 +112,366	+67%	+$3.81M	0.51%	35
2021 Q4	$6.3M	Buy	+166,637	New	+$6.76M	0.37%	51

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

Mangrove Partners's TPB Position: Q1 2026 in Review

Mangrove Partners sold out of Turning Point Brands (TPB) in Q1 2026, closing a stake of 265,205 shares — an estimated $28.7M sold.

Mangrove Partners first reported a position in TPB in Q4 2021 and held it in 17 quarters. The position peaked at $28.7M in Q4 2025. 240 funds tracked by Wall St. Rank hold TPB as of Q1 2026.

Mangrove Partners reported no remaining Turning Point Brands position as of Q1 2026 after selling out during the quarter.
Mangrove Partners sold 265,205 Turning Point Brands shares in Q1 2026, an estimated $28.7M.
Mangrove Partners first reported a position in Turning Point Brands in Q4 2021 and held it in 17 quarters.
Mangrove Partners's Turning Point Brands position peaked at $28.7M in Q4 2025.
240 funds tracked by Wall St. Rank held Turning Point Brands as of Q1 2026.

Based on Mangrove Partners's 13F filing for Q1 2026, filed 15 May 2026.