Turtle Beach Corp
TBCH
140 hedge funds and large institutions have $321M invested in Turtle Beach Corp in 2021 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 57 reducing their positions, and 26 closing their positions.
179% more call options, than puts
Call options by funds: $51.5M | Put options by funds: $18.4M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more capital invested
Capital invested by funds: $281M → $321M (+$39.6M)
3% less funds holding
Funds holding: 145 → 140 (-5)
4.6% less ownership
Funds ownership: 68.23% → 63.63% (-4.6%)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
33% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$10.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.84M |
| 3 |
D.E. Shaw & Co
New York
|
+$4.13M |
| 4 |
AM
Anqa Management
Sag Harbor,
New York
|
+$4.07M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRCP
Rip Road Capital Partners
Boston,
Massachusetts
|
-$15.1M |
| 2 |
BlackRock
New York
|
-$5.19M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$3.77M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.33M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.45M |
TBCH Hedge Fund Activity: Q2 2021 in Review
140 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q2 2021, worth a combined $321M — up 14% from $281M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TBCH and 21 opened new positions — a net loss of 5 holders — while 57 trimmed existing stakes and 38 added.
The largest buyer was Goldman Sachs, adding an estimated $10.9M. The largest seller was Rip Road Capital Partners, exiting entirely with an estimated $15.1M sold.
- 140 institutional investors held Turtle Beach Corp (TBCH) as of Q2 2021, down from 145 in Q1 2021.
- Funds reported $321M of Turtle Beach Corp stock for Q2 2021, up 14% quarter-over-quarter.
- 21 funds opened new Turtle Beach Corp positions in Q2 2021 and 26 closed out, a net change of -5 holders.
- The largest Turtle Beach Corp buyer in Q2 2021 was Goldman Sachs, an estimated $10.9M added.
- The largest Turtle Beach Corp seller in Q2 2021 was Rip Road Capital Partners, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2021.