Turtle Beach Corp
TBCH
93 hedge funds and large institutions have $61.1M invested in Turtle Beach Corp in 2019 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 18 closing their positions.
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
1% more funds holding
Funds holding: 92 → 93 (+1)
0.82% less ownership
Funds ownership: 45.33% → 44.51% (-0.82%)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
20% less capital invested
Capital invested by funds: $76.6M → $61.1M (-$15.5M)
30% less call options, than puts
Call options by funds: $4.84M | Put options by funds: $6.97M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.92M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.84M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.75M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.67M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
MYDA Advisors
Woodmere,
New York
|
-$2M |
| 2 |
Morgan Stanley
New York
|
-$1.87M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.79M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.64M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WG
101
Winton Group
London,
United Kingdom
| – | -$131K | -11,255 | Closed |
|
102
Bank of America
Charlotte,
North Carolina
| – | -$58.1K | -5,922 | -100% |
|
|
PCM
103
Penserra Capital Management
Orinda,
California
| – | -$65K | -5,577 | Closed |
|
104
Victory Capital Management
San Antonio,
Texas
| – | -$27K | -2,345 | Closed |
|
|
TRCT
105
Tower Research Capital (TRC)
New York
| – | -$26K | -2,255 | Closed |
|
|
SWM
106
Sugarloaf Wealth Management
Duluth,
Georgia
| – | +$10 | +1 | New |
|
|
MF
107
Manchester Financial
Westlake Village,
California
| – | +$245 | +25 | New |
|
|
TPWA
108
TRUE Private Wealth Advisors
Salem,
Oregon
| – | +$638 | +65 | New |
|
TBCH Hedge Fund Activity: Q4 2019 in Review
93 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q4 2019, worth a combined $61.1M — down 20% from $76.6M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TBCH positions and 18 closed out — a net gain of 6 holders — while 21 added to existing stakes and 26 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.92M. The largest seller was MYDA Advisors, cutting an estimated $2M.
- 93 institutional investors held Turtle Beach Corp (TBCH) as of Q4 2019, up from 92 in Q3 2019.
- Funds reported $61.1M of Turtle Beach Corp stock for Q4 2019, down 20% quarter-over-quarter.
- 24 funds opened new Turtle Beach Corp positions in Q4 2019 and 18 closed out, a net change of +6 holders.
- The largest Turtle Beach Corp buyer in Q4 2019 was Susquehanna International Group, an estimated $1.92M added.
- The largest Turtle Beach Corp seller in Q4 2019 was MYDA Advisors, an estimated $2M sold.
Based on aggregated 13F filings for Q4 2019.