Turtle Beach Corp
TBCH
101 hedge funds and large institutions have $79.2M invested in Turtle Beach Corp in 2022 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 24 closing their positions.
232% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $5.02M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
37% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 27
4% less capital invested
Capital invested by funds: $82.5M → $79.2M (-$3.31M)
4.72% less ownership
Funds ownership: 73.38% → 68.66% (-4.7%)
10% less funds holding
Funds holding: 112 → 101 (-11)
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
+$2.39M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.69M |
| 3 |
MA
MYDA Advisors
Woodmere,
New York
|
+$1.45M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$832K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$697K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Philosophy Capital Management
Alamo,
California
|
-$2.85M |
| 2 |
USPCM
Union Square Park Capital Management
New York
|
-$1.53M |
| 3 |
IM
Islet Management
New York
|
-$1.5M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.34M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$780K |
TBCH Hedge Fund Activity: Q4 2022 in Review
101 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q4 2022, worth a combined $79.2M — down 4% from $82.5M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TBCH and 18 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 37 added.
The largest buyer was Long Focus Capital Management, opening a new position worth an estimated $2.39M. The largest seller was Philosophy Capital Management, exiting entirely with an estimated $2.85M sold.
- 101 institutional investors held Turtle Beach Corp (TBCH) as of Q4 2022, down from 112 in Q3 2022.
- Funds reported $79.2M of Turtle Beach Corp stock for Q4 2022, down 4% quarter-over-quarter.
- 18 funds opened new Turtle Beach Corp positions in Q4 2022 and 24 closed out, a net change of -6 holders.
- The largest Turtle Beach Corp buyer in Q4 2022 was Long Focus Capital Management, an estimated $2.39M added.
- The largest Turtle Beach Corp seller in Q4 2022 was Philosophy Capital Management, an estimated $2.85M sold.
Based on aggregated 13F filings for Q4 2022.