Turtle Beach Corp
TBCH
26 hedge funds and large institutions have $2.61M invested in Turtle Beach Corp in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
0.59% less ownership
Funds ownership: 2.05% → 1.47% (-0.59%)
26% less funds holding
Funds holding: 35 → 26 (-9)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
51% less capital invested
Capital invested by funds: $5.3M → $2.61M (-$2.68M)
Top Buyers
| 1 |
BlackRock
New York
|
+$504K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$212K |
| 3 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
+$35.9K |
| 4 |
Bank of New York Mellon
New York
|
+$20.6K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$16.1K |
Top Sellers
| 1 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$655K |
| 2 |
AIC
AWM Investment Company
New York
|
-$524K |
| 3 |
FM
Fondren Management
Houston,
Texas
|
-$304K |
| 4 |
SIM
Spark Investment Management
New York
|
-$181K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$91K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FM
26
Fondren Management
Houston,
Texas
| – | -$304K | -58,025 | Closed |
|
|
SIM
27
Spark Investment Management
New York
| – | -$181K | -34,700 | Closed |
|
|
VKH
28
Virtu KCG Holdings
New York
| – | -$91K | -17,352 | Closed |
|
29
Citadel Advisors
Miami,
Florida
| – | -$27K | -5,201 | Closed |
|
|
TCM
30
Tradewinds Capital Management
Bellingham,
Washington
| – | -$3K | -500 | Closed |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -250 | Closed |
|
32
Wells Fargo
San Francisco,
California
| – | -$1.17K | -250 | -76% |
|
TBCH Hedge Fund Activity: Q1 2017 in Review
26 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q1 2017, worth a combined $2.61M — down 51% from $5.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TBCH and 4 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was BlackRock, opening a new position worth an estimated $504K. The largest seller was Manatuck Hill Partners, exiting entirely with an estimated $655K sold.
- 26 institutional investors held Turtle Beach Corp (TBCH) as of Q1 2017, down from 35 in Q4 2016.
- Funds reported $2.61M of Turtle Beach Corp stock for Q1 2017, down 51% quarter-over-quarter.
- 4 funds opened new Turtle Beach Corp positions in Q1 2017 and 8 closed out, a net change of -4 holders.
- The largest Turtle Beach Corp buyer in Q1 2017 was BlackRock, an estimated $504K added.
- The largest Turtle Beach Corp seller in Q1 2017 was Manatuck Hill Partners, an estimated $655K sold.
Based on aggregated 13F filings for Q1 2017.