Turtle Beach Corp
TBCH
39 hedge funds and large institutions have $21.5M invested in Turtle Beach Corp in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 6 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
30% more funds holding
Funds holding: 30 → 39 (+9)
23% more capital invested
Capital invested by funds: $17.5M → $21.5M (+$3.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$2.62M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$2.3M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$1.28M |
| 4 |
Morgan Stanley
New York
|
+$575K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$998K |
| 3 |
THCM
Tipp Hill Capital Management
New York
|
-$774K |
| 4 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$287K |
| 5 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$139K |
TBCH Hedge Fund Activity: Q1 2014 in Review
39 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q1 2014, worth a combined $21.5M — up 23% from $17.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TBCH positions and 6 closed out — a net gain of 9 holders — while 12 added to existing stakes and 3 trimmed.
The largest buyer was Royce & Associates, adding an estimated $2.62M. The largest seller was Fidelity Investments, exiting entirely with an estimated $4M sold.
- 39 institutional investors held Turtle Beach Corp (TBCH) as of Q1 2014, up from 30 in Q4 2013.
- Funds reported $21.5M of Turtle Beach Corp stock for Q1 2014, up 23% quarter-over-quarter.
- 15 funds opened new Turtle Beach Corp positions in Q1 2014 and 6 closed out, a net change of +9 holders.
- The largest Turtle Beach Corp buyer in Q1 2014 was Royce & Associates, an estimated $2.62M added.
- The largest Turtle Beach Corp seller in Q1 2014 was Fidelity Investments, an estimated $4M sold.
Based on aggregated 13F filings for Q1 2014.