Turtle Beach Corp
TBCH
105 hedge funds and large institutions have $123M invested in Turtle Beach Corp in 2018 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 28 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
14% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 28
4.18% more ownership
Funds ownership: 56.39% → 60.57% (+4.2%)
3% more funds holding
Funds holding: 102 → 105 (+3)
15% less call options, than puts
Call options by funds: $14.4M | Put options by funds: $16.9M
21% less capital invested
Capital invested by funds: $155M → $123M (-$32M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$9.75M |
| 3 |
GIPM
G2 Investment Partners Management
New York
|
+$4.9M |
| 4 |
WB
Wilks Brothers
Cisco,
Texas
|
+$4.76M |
| 5 |
Citigroup
New York
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
MYDA Advisors
Woodmere,
New York
|
-$5.46M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.31M |
| 3 |
Millennium Management
New York
|
-$4.63M |
| 4 |
Two Sigma Investments
New York
|
-$4.36M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$4.13M |
TBCH Hedge Fund Activity: Q4 2018 in Review
105 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q4 2018, worth a combined $123M — down 21% from $155M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TBCH positions and 28 closed out — a net gain of 4 holders — while 33 added to existing stakes and 23 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $11.4M. The largest seller was MYDA Advisors, cutting an estimated $5.46M.
- 105 institutional investors held Turtle Beach Corp (TBCH) as of Q4 2018, up from 102 in Q3 2018.
- Funds reported $123M of Turtle Beach Corp stock for Q4 2018, down 21% quarter-over-quarter.
- 32 funds opened new Turtle Beach Corp positions in Q4 2018 and 28 closed out, a net change of +4 holders.
- The largest Turtle Beach Corp buyer in Q4 2018 was Fidelity Investments, an estimated $11.4M added.
- The largest Turtle Beach Corp seller in Q4 2018 was MYDA Advisors, an estimated $5.46M sold.
Based on aggregated 13F filings for Q4 2018.