Turtle Beach Corp
TBCH
149 hedge funds and large institutions have $298M invested in Turtle Beach Corp in 2021 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 31 closing their positions.
273% more call options, than puts
Call options by funds: $169M | Put options by funds: $45.3M
32% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 31
6% more funds holding
Funds holding: 140 → 149 (+9)
2.75% more ownership
Funds ownership: 63.63% → 66.39% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 44
7% less capital invested
Capital invested by funds: $321M → $298M (-$22.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$7.95M |
| 2 |
Millennium Management
New York
|
+$5.98M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.4M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$4.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$10.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$7.65M |
| 3 |
Renaissance Technologies
New York
|
-$5.24M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.78M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$4.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GKWIM
176
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
| – | +$379 | +13 | New |
|
177
Rockefeller Capital Management
New York
| – | +$875 | +30 | New |
|
TBCH Hedge Fund Activity: Q3 2021 in Review
149 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q3 2021, worth a combined $298M — down 7.1% from $321M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new TBCH positions and 31 closed out — a net gain of 10 holders — while 43 added to existing stakes and 44 trimmed.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $7.95M. The largest seller was Goldman Sachs, cutting an estimated $10.6M.
- 149 institutional investors held Turtle Beach Corp (TBCH) as of Q3 2021, up from 140 in Q2 2021.
- Funds reported $298M of Turtle Beach Corp stock for Q3 2021, down 7.1% quarter-over-quarter.
- 41 funds opened new Turtle Beach Corp positions in Q3 2021 and 31 closed out, a net change of +10 holders.
- The largest Turtle Beach Corp buyer in Q3 2021 was Parallax Volatility Advisers, an estimated $7.95M added.
- The largest Turtle Beach Corp seller in Q3 2021 was Goldman Sachs, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2021.