Turtle Beach Corp
TBCH
104 hedge funds and large institutions have $108M invested in Turtle Beach Corp in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 26 closing their positions.
60% more call options, than puts
Call options by funds: $30.5M | Put options by funds: $19.1M
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
1.66% more ownership
Funds ownership: 66.82% → 68.48% (+1.7%)
14% less funds holding
Funds holding: 121 → 104 (-17)
19% less capital invested
Capital invested by funds: $133M → $108M (-$25.2M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
65% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 26
Top Buyers
| 1 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$4.26M |
| 2 |
Group One Trading
Chicago,
Illinois
|
+$2.74M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.92M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.48M |
| 5 |
SC
Shay Capital
New York
|
+$1.41M |
Top Sellers
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$4.09M |
| 2 |
Millennium Management
New York
|
-$2.37M |
| 3 |
Renaissance Technologies
New York
|
-$1.57M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$1.15M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$998K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
126
Ancora Advisors
Cleveland,
Ohio
| – | -$14K | -1,200 | Closed |
|
127
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$2.83K | -244 | Closed |
|
128
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$256 | -22 | Closed |
|
|
GWS
129
Glassman Wealth Services
Vienna,
Virginia
| – | -$198 | -17 | Closed |
|
|
GI
130
Gradient Investments
Arden Hills,
Minnesota
| – | -$12 | -1 | Closed |
|
TBCH Hedge Fund Activity: Q3 2023 in Review
104 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q3 2023, worth a combined $108M — down 19% from $133M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TBCH and 9 opened new positions — a net loss of 17 holders — while 29 trimmed existing stakes and 35 added.
The largest buyer was Caption Management, adding an estimated $4.26M. The largest seller was Nomura Holdings, cutting an estimated $4.09M.
- 104 institutional investors held Turtle Beach Corp (TBCH) as of Q3 2023, down from 121 in Q2 2023.
- Funds reported $108M of Turtle Beach Corp stock for Q3 2023, down 19% quarter-over-quarter.
- 9 funds opened new Turtle Beach Corp positions in Q3 2023 and 26 closed out, a net change of -17 holders.
- The largest Turtle Beach Corp buyer in Q3 2023 was Caption Management, an estimated $4.26M added.
- The largest Turtle Beach Corp seller in Q3 2023 was Nomura Holdings, an estimated $4.09M sold.
Based on aggregated 13F filings for Q3 2023.