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Turning Point Brands
TPB

149 hedge funds and large institutions have $468M invested in Turning Point Brands in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 49 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 12

16% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 49

12% more funds holding

Funds holding: 133 → 149 (+16)

10% more capital invested

Capital invested by funds: $425M → $468M (+$43M)

0.43% more ownership

Funds ownership: 82.4% → 82.84% (+0.43%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

73% less call options, than puts

Call options by funds: $221K | Put options by funds: $808K

Holders
149
Holders Change
+16
Holders Change %
+12.03%
% of All Funds
2.15%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
29
Increased
57
Reduced
49
Closed
12
Calls
$221K
Puts
$808K
Net Calls
-$587K
Net Calls Change
+$946K

Top Buyers

Rank Fund Capital Flow
1
Federated Hermes
Federated Hermes
Pennsylvania
+$3.4M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$2.01M
3
N
Nuveen
North Carolina
+$1.94M
4
SBH
Segall Bryant & Hamill
Illinois
+$1.92M
5
Renaissance Technologies
Renaissance Technologies
New York
+$1.63M

Top Sellers

Rank Fund Capital Flow
1
American Century Companies
American Century Companies
Missouri
-$5.03M
2
ACH
ArrowMark Colorado Holdings
Colorado
-$4.48M
3
WSL
Western Standard LLC
California
-$2.43M
4
ECP
Epacria Capital Partners
Colorado
-$1.9M
5
Norges Bank
Norges Bank
Norway
-$1.64M
Name Holding Trade Value Shares
Change 		Change in
Stake
AG
26
Algert Global
California
$3.72M +$136K +4,388 +4%
Prudential Financial
27
Prudential Financial
New Jersey
$3.71M +$346K +11,200 +11%
LSV Asset Management
28
LSV Asset Management
Illinois
$3.7M +$287K +9,300 +9%
N
29
Nuveen
North Carolina
$3.24M +$1.94M +62,810 +165%
MP
30
Mangrove Partners
Connecticut
$3.19M – – –
Goldman Sachs
31
Goldman Sachs
New York
$3.14M +$118K +3,804 +4%
SEI Investments
32
SEI Investments
Pennsylvania
$3.1M -$474K -15,336 -14%
Arrowstreet Capital
33
Arrowstreet Capital
Massachusetts
$2.77M +$462K +14,950 +21%
M&T Bank
34
M&T Bank
New York
$2.7M -$133K -4,300 -5%
DA
35
DCF Advisers
Connecticut
$2.37M -$300K -9,700 -12%
Bank of America
36
Bank of America
North Carolina
$2.3M -$366K -11,851 -14%
JP Morgan Chase
37
JP Morgan Chase
New York
$2.14M +$39.9K +1,291 +2%
SBH
38
Segall Bryant & Hamill
Illinois
$1.99M +$1.92M +62,072 New
BFM
39
Boothbay Fund Management
New York
$1.88M -$262K -8,474 -13%
CSS
40
Cubist Systematic Strategies
Connecticut
$1.82M -$509K -16,473 -22%
FFBTD
41
First Financial Bank - Trust Division
Ohio
$1.79M -$232K -7,497 -12%
PL
42
Parthenon LLC
Kentucky
$1.66M – – –
TI
43
Tidal Investments
Wisconsin
$1.65M -$163K -5,263 -9%
Squarepoint
44
Squarepoint
New York
$1.62M -$458K -14,825 -23%
Invesco
45
Invesco
Georgia
$1.44M -$143K -4,626 -9%
RC
46
RBF Capital
California
$1.39M +$163K +5,263 +14%
HSBC Holdings
47
HSBC Holdings
United Kingdom
$1.33M -$422K -13,650 -25%
AQR Capital Management
48
AQR Capital Management
Connecticut
$1.31M +$310K +10,033 +33%
Citigroup
49
Citigroup
New York
$1.3M +$98K +3,172 +8%
Citadel Advisors
50
Citadel Advisors
Florida
$1.27M -$1.42M -45,930 -54%
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TPB Hedge Fund Activity: Q2 2024 in Review

149 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q2 2024, worth a combined $468M — up 10% from $425M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new TPB positions and 12 closed out — a net gain of 17 holders — while 57 added to existing stakes and 49 trimmed.

The largest buyer was Federated Hermes, adding an estimated $3.4M. The largest seller was American Century Companies, cutting an estimated $5.03M.

  • 149 institutional investors held Turning Point Brands (TPB) as of Q2 2024, up from 133 in Q1 2024.
  • Funds reported $468M of Turning Point Brands stock for Q2 2024, up 10% quarter-over-quarter.
  • 29 funds opened new Turning Point Brands positions in Q2 2024 and 12 closed out, a net change of +17 holders.
  • The largest Turning Point Brands buyer in Q2 2024 was Federated Hermes, an estimated $3.4M added.
  • The largest Turning Point Brands seller in Q2 2024 was American Century Companies, an estimated $5.03M sold.

Based on aggregated 13F filings for Q2 2024.