Turtle Beach Corp
TBCH
127 hedge funds and large institutions have $171M invested in Turtle Beach Corp in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 27 closing their positions.
125% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $8.31M
13% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 38
7% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 27
0% more funds holding
Funds holding: 127 → 127 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10.08% less ownership
Funds ownership: 65.61% → 55.52% (-10%)
14% less capital invested
Capital invested by funds: $199M → $171M (-$27.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$7.6M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$3.72M |
| 3 |
GECH
Garnet Equity Capital Holdings
New York
|
+$3.32M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$2.63M |
| 5 |
Renaissance Technologies
New York
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.76M |
| 2 |
Millennium Management
New York
|
-$3.83M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.41M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2M |
| 5 |
Morgan Stanley
New York
|
-$1.95M |
TBCH Hedge Fund Activity: Q2 2024 in Review
127 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Turtle Beach Corp (TBCH) for Q2 2024, worth a combined $171M — down 14% from $199M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TBCH positions and 27 closed out — a net gain of 2 holders — while 43 added to existing stakes and 38 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $7.6M. The largest seller was Acadian Asset Management, cutting an estimated $5.76M.
- 127 institutional investors held Turtle Beach Corp (TBCH) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $171M of Turtle Beach Corp stock for Q2 2024, down 14% quarter-over-quarter.
- 29 funds opened new Turtle Beach Corp positions in Q2 2024 and 27 closed out, a net change of +2 holders.
- The largest Turtle Beach Corp buyer in Q2 2024 was Hennessy Advisors Inc, an estimated $7.6M added.
- The largest Turtle Beach Corp seller in Q2 2024 was Acadian Asset Management, an estimated $5.76M sold.
Based on aggregated 13F filings for Q2 2024.