Turtle Beach Corp
TBCH
117 hedge funds and large institutions have $131M invested in Turtle Beach Corp in 2020 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 39 increasing their positions, 18 reducing their positions, and 20 closing their positions.
252% more capital invested
Capital invested by funds: $37.1M → $131M (+$93.5M)
150% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 20
140% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $4.35M
117% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 18
34% more funds holding
Funds holding: 87 → 117 (+30)
19.67% more ownership
Funds ownership: 41.04% → 60.71% (+20%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.88M |
| 2 |
RRCP
Rip Road Capital Partners
Boston,
Massachusetts
|
+$6.46M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.15M |
| 4 |
Renaissance Technologies
New York
|
+$2.62M |
| 5 |
Millennium Management
New York
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.59M |
| 2 |
Morgan Stanley
New York
|
-$2.1M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.13M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$745K |
| 5 |
AC
AWH Capital
Dallas,
Texas
|
-$686K |
TBCH Hedge Fund Activity: Q2 2020 in Review
117 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q2 2020, worth a combined $131M — up 252% from $37.1M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new TBCH positions and 20 closed out — a net gain of 30 holders — while 39 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $6.88M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.59M sold.
- 117 institutional investors held Turtle Beach Corp (TBCH) as of Q2 2020, up from 87 in Q1 2020.
- Funds reported $131M of Turtle Beach Corp stock for Q2 2020, up 252% quarter-over-quarter.
- 50 funds opened new Turtle Beach Corp positions in Q2 2020 and 20 closed out, a net change of +30 holders.
- The largest Turtle Beach Corp buyer in Q2 2020 was BlackRock, an estimated $6.88M added.
- The largest Turtle Beach Corp seller in Q2 2020 was Susquehanna International Group, an estimated $2.59M sold.
Based on aggregated 13F filings for Q2 2020.