We are live on ! Find out more
TPB icon

Turning Point Brands
TPB

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: 80 → 109 (+29)

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (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

Top Buyers

Rank Fund Capital Flow
1
SG
Standard General
New York
+$174M
2
NSGL
No Street GP LP
California
+$15.4M
3
DCM
Driehaus Capital Management
Illinois
+$11.2M
4
Vanguard Group
Vanguard Group
Pennsylvania
+$6.54M
5
BlackRock
BlackRock
New York
+$6.07M

Top Sellers

Rank Fund Capital Flow
1
EMG
ETF Managers Group
New Jersey
-$6.57M
2
WSL
Western Standard LLC
California
-$3.71M
3
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$2.59M
4
PI
Putnam Investments
Massachusetts
-$2.43M
5
Prudential Financial
Prudential Financial
New Jersey
-$1.26M
Name Holding Trade Value Shares
Change 		Change in
Stake
Millennium Management
101
Millennium Management
New York
$3.41K +$3.6M +122,325 New
PFGIA
102
Patriot Financial Group Insurance Agency
Massachusetts
$3K – – –
IA
103
IFP Advisors
Florida
$3K +$2.94K +100 New
FHA
104
Flagship Harbor Advisors
Massachusetts
$2K – – –
SP
105
Summit Partners
Massachusetts
$1K -$6.5K -221 -91%
US Bancorp
106
US Bancorp
Minnesota
$1K – – –
AI
107
AdvisorShares Investments
Maryland
$468 +$202K +6,881 +69%
Two Sigma Investments
108
Two Sigma Investments
New York
– -$638K -25,598 Closed
Tudor Investment Corp
109
Tudor Investment Corp
Connecticut
– -$540K -21,688 Closed
VRS
110
Virginia Retirement Systems
Virginia
– -$252K -10,100 Closed
PHK
111
Point72 Hong Kong
Hong Kong
– -$44K -1,758 Closed
QT
112
Quantbot Technologies
New York
– -$7K -300 Closed
CAN
113
Cetera Advisor Networks
California
– -$3K -138 Closed
PFWA
114
Paces Ferry Wealth Advisors
Georgia
– +$206 +7 New
PA
115
Parallel Advisors
California
– +$382 +13 New
1 2 3 4
5

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.