Turtle Beach Corp
TBCH
27 hedge funds and large institutions have $15.8M invested in Turtle Beach Corp in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 6 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
4% less funds holding
Funds holding: 28 → 27 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
35% less capital invested
Capital invested by funds: $24.4M → $15.8M (-$8.62M)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$500K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$478K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59.8K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$41.8K |
| 5 |
TF
Trutina Financial
Bellevue,
Washington
|
+$29.1K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1 | +$982 | +16 | New |
|
|
TI
27
Turner Investments
Berwyn,
Pennsylvania
| – | -$1.73M | -26,605 | Closed |
|
|
HCS
28
Harvest Capital Strategies
San Francisco,
California
| – | -$830K | -12,768 | Closed |
|
|
CHAM
29
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$780K | -12,006 | Closed |
|
|
CS
30
Credit Suisse
Zurich,
Switzerland
| – | -$650K | -10,004 | Closed |
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$318K | -4,896 | Closed |
|
32
Bank of America
Charlotte,
North Carolina
| – | -$209K | -3,200 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1.96K | -32 | -97% |
|
TBCH Hedge Fund Activity: Q3 2013 in Review
27 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q3 2013, worth a combined $15.8M — down 35% from $24.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TBCH and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 6 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $500K. The largest seller was Turner Investments, exiting entirely with an estimated $1.73M sold.
- 27 institutional investors held Turtle Beach Corp (TBCH) as of Q3 2013, down from 28 in Q2 2013.
- Funds reported $15.8M of Turtle Beach Corp stock for Q3 2013, down 35% quarter-over-quarter.
- 5 funds opened new Turtle Beach Corp positions in Q3 2013 and 6 closed out, a net change of -1 holder.
- The largest Turtle Beach Corp buyer in Q3 2013 was Morgan Stanley, an estimated $500K added.
- The largest Turtle Beach Corp seller in Q3 2013 was Turner Investments, an estimated $1.73M sold.
Based on aggregated 13F filings for Q3 2013.