Turtle Beach Corp
TBCH
145 hedge funds and large institutions have $281M invested in Turtle Beach Corp in 2021 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 26 closing their positions.
117% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $7.72M
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
23% more capital invested
Capital invested by funds: $228M → $281M (+$53.3M)
5% more funds holding
Funds holding: 138 → 145 (+7)
2% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 44
1.87% less ownership
Funds ownership: 70.1% → 68.23% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
+$12.1M |
| 2 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$6.59M |
| 3 |
BlackRock
New York
|
+$4.54M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$4.11M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$3.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$6.09M |
| 2 |
Two Sigma Investments
New York
|
-$5.23M |
| 3 |
D.E. Shaw & Co
New York
|
-$4.61M |
| 4 |
RRCP
Rip Road Capital Partners
Boston,
Massachusetts
|
-$3.87M |
| 5 |
Two Sigma Advisers
New York
|
-$3.73M |
TBCH Hedge Fund Activity: Q1 2021 in Review
145 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q1 2021, worth a combined $281M — up 23% from $228M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TBCH positions and 26 closed out — a net gain of 7 holders — while 43 added to existing stakes and 44 trimmed.
The largest buyer was Harbert Fund Advisors, opening a new position worth an estimated $12.1M. The largest seller was Renaissance Technologies, cutting an estimated $6.09M.
- 145 institutional investors held Turtle Beach Corp (TBCH) as of Q1 2021, up from 138 in Q4 2020.
- Funds reported $281M of Turtle Beach Corp stock for Q1 2021, up 23% quarter-over-quarter.
- 33 funds opened new Turtle Beach Corp positions in Q1 2021 and 26 closed out, a net change of +7 holders.
- The largest Turtle Beach Corp buyer in Q1 2021 was Harbert Fund Advisors, an estimated $12.1M added.
- The largest Turtle Beach Corp seller in Q1 2021 was Renaissance Technologies, an estimated $6.09M sold.
Based on aggregated 13F filings for Q1 2021.