Turtle Beach Corp
TBCH
98 hedge funds and large institutions have $110M invested in Turtle Beach Corp in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 17 closing their positions.
164% more call options, than puts
Call options by funds: $33M | Put options by funds: $12.5M
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
39% more capital invested
Capital invested by funds: $79.2M → $110M (+$31.2M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
2.16% less ownership
Funds ownership: 68.66% → 66.5% (-2.2%)
3% less funds holding
Funds holding: 101 → 98 (-3)
Top Buyers
| 1 |
Millennium Management
New York
|
+$2.06M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.89M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$1.22M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.11M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.02M |
Top Sellers
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.03M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.73M |
| 3 |
Morgan Stanley
New York
|
-$2.65M |
| 4 |
GECH
Garnet Equity Capital Holdings
New York
|
-$2.23M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$774K |
TBCH Hedge Fund Activity: Q1 2023 in Review
98 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q1 2023, worth a combined $110M — up 39% from $79.2M a quarter earlier.
Fund positioning in TBCH was balanced in Q1 2023: 17 funds opened new positions, 17 closed out, 34 added to existing stakes and 24 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.06M. The largest seller was Hudson Bay Capital Management, cutting an estimated $5.03M.
- 98 institutional investors held Turtle Beach Corp (TBCH) as of Q1 2023, down from 101 in Q4 2022.
- Funds reported $110M of Turtle Beach Corp stock for Q1 2023, up 39% quarter-over-quarter.
- 17 funds opened new Turtle Beach Corp positions in Q1 2023 and 17 closed out, a net change of 0 holders.
- The largest Turtle Beach Corp buyer in Q1 2023 was Millennium Management, an estimated $2.06M added.
- The largest Turtle Beach Corp seller in Q1 2023 was Hudson Bay Capital Management, an estimated $5.03M sold.
Based on aggregated 13F filings for Q1 2023.