Turning Point Brands
229 hedge funds and large institutions have $1.7B invested in Turning Point Brands in 2026 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 96 increasing their positions, 65 reducing their positions, and 49 closing their positions.
87% more call options, than puts
Call options by funds: $53M | Put options by funds: $28.3M
48% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 65
7.66% more ownership
Funds ownership: 95.72% → 103.38% (+7.7%)
6% more capital invested
Capital invested by funds: $1.61B → $1.7B (+$91.4M)
5% less funds holding
Funds holding: 240 → 229 (-11)
14% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 49
53% less funds holding in top 10
Funds holding in top 10: 15 → 7 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$80.5M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$26.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$23.7M |
| 4 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$23.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.9M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$37.5M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$31.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22M |
| 5 |
JCM
Junto Capital Management
New York
|
-$21M |
TPB Hedge Fund Activity: Q2 2026 in Review
229 of the 8,274 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q2 2026, worth a combined $1.7B — up 5.7% from $1.61B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of TPB and 42 opened new positions — a net loss of 7 holders — while 65 trimmed existing stakes and 96 added.
The largest buyer was Divisadero Street Capital Management, adding an estimated $80.5M. The largest seller was Fidelity Investments, cutting an estimated $37.9M.
- 229 institutional investors held Turning Point Brands (TPB) as of Q2 2026, down from 240 in Q1 2026.
- Funds reported $1.7B of Turning Point Brands stock for Q2 2026, up 5.7% quarter-over-quarter.
- 42 funds opened new Turning Point Brands positions in Q2 2026 and 49 closed out, a net change of -7 holders.
- The largest Turning Point Brands buyer in Q2 2026 was Divisadero Street Capital Management, an estimated $80.5M added.
- The largest Turning Point Brands seller in Q2 2026 was Fidelity Investments, an estimated $37.9M sold.
Based on aggregated 13F filings for Q2 2026.