Turtle Beach Corp
TBCH
92 hedge funds and large institutions have $76.6M invested in Turtle Beach Corp in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 27 increasing their positions, 27 reducing their positions, and 24 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 27
2.81% less ownership
Funds ownership: 48.14% → 45.33% (-2.8%)
6% less capital invested
Capital invested by funds: $81.4M → $76.6M (-$4.76M)
6% less funds holding
Funds holding: 98 → 92 (-6)
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
36% less call options, than puts
Call options by funds: $8.13M | Put options by funds: $12.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$2.1M |
| 2 |
RA
Royce & Associates
New York
|
+$2.1M |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$1.48M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$1.36M |
| 5 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.55M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.05M |
| 3 |
Millennium Management
New York
|
-$2.96M |
| 4 |
Goldman Sachs
New York
|
-$2.32M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
101
Gotham Asset Management
New York
| – | -$344K | -29,785 | Closed |
|
102
Two Sigma Advisers
New York
| – | -$302K | -26,100 | Closed |
|
103
Citadel Advisors
Miami,
Florida
| – | -$259K | -26,068 | Closed |
|
|
PW
104
Price Wealth
Austin,
Texas
| – | -$240K | -20,719 | Closed |
|
105
Squarepoint
New York
| – | -$171K | -14,781 | Closed |
|
|
RJA
106
Raymond James & Associates
St Petersburg,
Florida
| – | -$155K | -13,400 | Closed |
|
|
SSA
107
Schonfeld Strategic Advisors
New York
| – | -$128K | -11,048 | Closed |
|
108
Creative Planning
Overland Park,
Kansas
| – | -$124K | -10,754 | Closed |
|
109
Legal & General Group
London,
United Kingdom
| – | -$14K | -1,174 | Closed |
|
|
GSWM
110
Golden State Wealth Management
Santa Ana,
California
| – | -$8.94K | -900 | -96% |
|
|
SFS
111
Sowell Financial Services
North Little Rock,
Arkansas
| – | +$248 | +25 | New |
|
TBCH Hedge Fund Activity: Q3 2019 in Review
92 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q3 2019, worth a combined $76.6M — down 5.9% from $81.4M 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 27 added.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $2.1M. The largest seller was AQR Capital Management, cutting an estimated $4.55M.
- 92 institutional investors held Turtle Beach Corp (TBCH) as of Q3 2019, down from 98 in Q2 2019.
- Funds reported $76.6M of Turtle Beach Corp stock for Q3 2019, down 5.9% quarter-over-quarter.
- 18 funds opened new Turtle Beach Corp positions in Q3 2019 and 24 closed out, a net change of -6 holders.
- The largest Turtle Beach Corp buyer in Q3 2019 was Russell Investments Group, an estimated $2.1M added.
- The largest Turtle Beach Corp seller in Q3 2019 was AQR Capital Management, an estimated $4.55M sold.
Based on aggregated 13F filings for Q3 2019.