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Turning Point Brands

109 hedge funds and large institutions have $457M invested in Turning Point Brands in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 40 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,470% more call options, than puts

Call options by funds: $22.9M | Put options by funds: $1.46M

483% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 6

127% more capital invested

Capital invested by funds: $201M → $457M (+$255M)

90% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 21

44.58% more ownership

Funds ownership: 41.22%85.79% (+45%)

36% more funds holding

Funds holding: 80109 (+29)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

Holders
109
Holders Change
+29
Holders Change %
+36.25%
% of All Funds
2.2%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
35
Increased
40
Reduced
21
Closed
6
Calls
$22.9M
Puts
$1.46M
Net Calls
+$21.4M
Net Calls Change
+$18.9M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
76
Credit Suisse
Switzerland
$220K +$233K +7,913 New
Bank of America
77
Bank of America
North Carolina
$215K +$110K +3,739 +94%
Group One Trading
78
Group One Trading
Illinois
$203K +$137K +4,662 +177%
AIG
79
American International Group
New York
$198K +$54K +1,838 +35%
Simplex Trading
80
Simplex Trading
Illinois
$192K +$170K +5,794 +522%
Deutsche Bank
81
Deutsche Bank
Germany
$166K +$58.5K +1,991 +50%
MIM
82
MetLife Investment Management
New Jersey
$116K
CF
83
Centaurus Financial
California
$108K +$113K +3,855 New
MLICM
84
Metropolitan Life Insurance Company (MetLife)
New York
$81.3K
BNP Paribas Financial Markets
85
BNP Paribas Financial Markets
France
$73.5K +$68K +2,314 +719%
UBS Group
86
UBS Group
Switzerland
$63K -$20.8K -708 -24%
Legal & General Group
87
Legal & General Group
United Kingdom
$46K +$176 +6 +0.4%
JG
88
Jefferies Group
New York
$45K +$47K +1,598 New
Citigroup
89
Citigroup
New York
$43K -$36K -1,224 -44%
Osaic Holdings
90
Osaic Holdings
Arizona
$41K -$27.8K -944 -39%
Nisa Investment Advisors
91
Nisa Investment Advisors
Missouri
$33K
Zurich Cantonal Bank
92
Zurich Cantonal Bank
Switzerland
$32K
TSW
93
Thompson Siegel & Walmsley
Virginia
$31K
AIP
94
Ameritas Investment Partners
Nebraska
$28K +$10.2K +348 +52%
Canada Life
95
Canada Life
Manitoba, Canada
$20K -$2.47K -84 -10%
CG
96
Cutler Group
California
$19K +$20.6K +700 New
PAM
97
Panagora Asset Management
Massachusetts
$16K
OSAM
98
O'Shaughnessy Asset Management
Connecticut
$9K
FIA
99
FNY Investment Advisers
New York
$8K +$9.08K +309 New
Royal Bank of Canada
100
Royal Bank of Canada
Ontario, Canada
$5K +$5.14K +175 New

TPB Hedge Fund Activity: Q3 2020 in Review

109 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q3 2020, worth a combined $457M — up 127% from $201M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new TPB positions and 6 closed out — a net gain of 29 holders — while 40 added to existing stakes and 21 trimmed.

The largest buyer was Standard General, adding an estimated $174M. The largest seller was ETF Managers Group, cutting an estimated $6.57M.

  • 109 institutional investors held Turning Point Brands (TPB) as of Q3 2020, up from 80 in Q2 2020.
  • Funds reported $457M of Turning Point Brands stock for Q3 2020, up 127% quarter-over-quarter.
  • 35 funds opened new Turning Point Brands positions in Q3 2020 and 6 closed out, a net change of +29 holders.
  • The largest Turning Point Brands buyer in Q3 2020 was Standard General, an estimated $174M added.
  • The largest Turning Point Brands seller in Q3 2020 was ETF Managers Group, an estimated $6.57M sold.

Based on aggregated 13F filings for Q3 2020.