Turtle Beach Corp
TBCH
119 hedge funds and large institutions have $176M invested in Turtle Beach Corp in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 41 increasing their positions, 38 reducing their positions, and 23 closing their positions.
166% more call options, than puts
Call options by funds: $13M | Put options by funds: $4.9M
35% more capital invested
Capital invested by funds: $131M → $176M (+$45.3M)
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
6.46% more ownership
Funds ownership: 60.71% → 67.16% (+6.5%)
2% more funds holding
Funds holding: 117 → 119 (+2)
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.48M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.94M |
| 3 |
Renaissance Technologies
New York
|
+$3.46M |
| 4 |
Two Sigma Advisers
New York
|
+$3.38M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$3.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$2.87M |
| 3 |
Millennium Management
New York
|
-$2.28M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.89M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.21M |
TBCH Hedge Fund Activity: Q3 2020 in Review
119 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q3 2020, worth a combined $176M — up 35% from $131M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TBCH positions and 23 closed out — a net gain of 3 holders — while 41 added to existing stakes and 38 trimmed.
The largest buyer was Nuveen, adding an estimated $5.48M. The largest seller was Russell Investments Group, exiting entirely with an estimated $3.9M sold.
- 119 institutional investors held Turtle Beach Corp (TBCH) as of Q3 2020, up from 117 in Q2 2020.
- Funds reported $176M of Turtle Beach Corp stock for Q3 2020, up 35% quarter-over-quarter.
- 26 funds opened new Turtle Beach Corp positions in Q3 2020 and 23 closed out, a net change of +3 holders.
- The largest Turtle Beach Corp buyer in Q3 2020 was Nuveen, an estimated $5.48M added.
- The largest Turtle Beach Corp seller in Q3 2020 was Russell Investments Group, an estimated $3.9M sold.
Based on aggregated 13F filings for Q3 2020.