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Turning Point Brands
TPB

48 hedge funds and large institutions have $157M invested in Turning Point Brands in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

325% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 4

50% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 8

37% more funds holding

Funds holding: 35 → 48 (+13)

4% more capital invested

Capital invested by funds: $151M → $157M (+$5.78M)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

0.53% less ownership

Funds ownership: 70.5% → 69.97% (-0.53%)

Holders
48
Holders Change
+13
Holders Change %
+37.14%
% of All Funds
1.2%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.1%
New
17
Increased
12
Reduced
8
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
NRCM
Northern Right Capital Management
Connecticut
+$3.67M
2
BCM
Brigade Capital Management
New York
+$2.97M
3
NG
NatWest Group
United Kingdom
+$849K
4
Millennium Management
Millennium Management
New York
+$744K
5
Neuberger Berman Group
Neuberger Berman Group
New York
+$398K

Top Sellers

1
BC
BHR Capital
New York
-$4.71M
2
Jennison Associates
Jennison Associates
New York
-$1.65M
3
YU
Yale University
Connecticut
-$859K
4
Goldman Sachs
Goldman Sachs
New York
-$408K
5
GCP
GSA Capital Partners
United Kingdom
-$322K
Name Holding Trade Value Shares
Change 		Change in
Stake
CCA
51
Catalyst Capital Advisors
New York
– -$3K -270 Closed
WAM
52
Wealthspire Advisors (Maryland)
Maryland
– +$173 +13 New
1 2
3

TPB Hedge Fund Activity: Q4 2016 in Review

48 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q4 2016, worth a combined $157M — up 3.8% from $151M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TPB positions and 4 closed out — a net gain of 13 holders — while 12 added to existing stakes and 8 trimmed.

The largest buyer was Northern Right Capital Management, opening a new position worth an estimated $3.67M. The largest seller was BHR Capital, cutting an estimated $4.71M.

  • 48 institutional investors held Turning Point Brands (TPB) as of Q4 2016, up from 35 in Q3 2016.
  • Funds reported $157M of Turning Point Brands stock for Q4 2016, up 3.8% quarter-over-quarter.
  • 17 funds opened new Turning Point Brands positions in Q4 2016 and 4 closed out, a net change of +13 holders.
  • The largest Turning Point Brands buyer in Q4 2016 was Northern Right Capital Management, an estimated $3.67M added.
  • The largest Turning Point Brands seller in Q4 2016 was BHR Capital, an estimated $4.71M sold.

Based on aggregated 13F filings for Q4 2016.