Turtle Beach Corp
TBCH
98 hedge funds and large institutions have $81.4M invested in Turtle Beach Corp in 2019 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 42 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
12.86% less ownership
Funds ownership: 61% → 48.14% (-13%)
16% less funds holding
Funds holding: 116 → 98 (-18)
18% less capital invested
Capital invested by funds: $99M → $81.4M (-$17.6M)
36% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 42
37% less call options, than puts
Call options by funds: $10.9M | Put options by funds: $17.5M
Top Buyers
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$4.43M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$3.71M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.87M |
| 4 |
MA
MYDA Advisors
Woodmere,
New York
|
+$2.11M |
| 5 |
AC
AWH Capital
Dallas,
Texas
|
+$2.06M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.33M |
| 2 |
NM
Newtyn Management
New York
|
-$5.96M |
| 3 |
WB
Wilks Brothers
Cisco,
Texas
|
-$3.15M |
| 4 |
BlackRock
New York
|
-$2.98M |
| 5 |
SIM
Spark Investment Management
New York
|
-$2.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
126
Quantbot Technologies
New York
| – | -$15K | -1,356 | Closed |
|
|
PCM
127
Prelude Capital Management
New York
| – | -$12.2K | -1,150 | Closed |
|
|
FEG
128
Financial Enhancement Group
Anderson,
Indiana
| – | -$11K | -1,000 | Closed |
|
129
Victory Capital Management
San Antonio,
Texas
| – | -$10K | -907 | Closed |
|
|
PCIA
130
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | -$10K | -900 | Closed |
|
|
AIP
131
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$8K | -694 | Closed |
|
132
Twin Tree Management
Dallas,
Texas
| – | -$8K | -682 | Closed |
|
|
RCM
133
Requisite Capital Management
Dallas,
Texas
| – | -$6K | -510 | Closed |
|
|
OIA
134
Optimum Investment Advisors
Chicago,
Illinois
| – | -$6K | -500 | Closed |
|
|
SWM
135
SeaCrest Wealth Management
Purchase,
New York
| – | -$2K | -171 | Closed |
|
|
CFGS
136
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$890 | -84 | Closed |
|
|
MF
137
Manchester Financial
Westlake Village,
California
| – | +$265 | +25 | New |
|
|
TPWA
138
TRUE Private Wealth Advisors
Salem,
Oregon
| – | +$689 | +65 | New |
|
TBCH Hedge Fund Activity: Q2 2019 in Review
98 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q2 2019, worth a combined $81.4M — down 18% from $99M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of TBCH and 27 opened new positions — a net loss of 15 holders — while 27 trimmed existing stakes and 28 added.
The largest buyer was Systematic Financial Management, opening a new position worth an estimated $4.43M. The largest seller was Fidelity Investments, cutting an estimated $8.33M.
- 98 institutional investors held Turtle Beach Corp (TBCH) as of Q2 2019, down from 116 in Q1 2019.
- Funds reported $81.4M of Turtle Beach Corp stock for Q2 2019, down 18% quarter-over-quarter.
- 27 funds opened new Turtle Beach Corp positions in Q2 2019 and 42 closed out, a net change of -15 holders.
- The largest Turtle Beach Corp buyer in Q2 2019 was Systematic Financial Management, an estimated $4.43M added.
- The largest Turtle Beach Corp seller in Q2 2019 was Fidelity Investments, an estimated $8.33M sold.
Based on aggregated 13F filings for Q2 2019.