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Turning Point Brands

133 hedge funds and large institutions have $524M invested in Turning Point Brands in 2022 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 51 increasing their positions, 37 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 37

17% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 23

2% more funds holding

Funds holding: 130133 (+3)

0.6% more ownership

Funds ownership: 83.91%84.51% (+0.6%)

13% less capital invested

Capital invested by funds: $599M → $524M (-$75.2M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

32% less call options, than puts

Call options by funds: $1.86M | Put options by funds: $2.73M

Holders
133
Holders Change
+3
Holders Change %
+2.31%
% of All Funds
2.1%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
27
Increased
51
Reduced
37
Closed
23
Calls
$1.86M
Puts
$2.73M
Net Calls
-$871K
Net Calls Change
-$4.52M
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
101
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$207K -$52.7K -1,553 -20%
AI
102
AdvisorShares Investments
Maryland
$185K
Legal & General Group
103
Legal & General Group
United Kingdom
$172K -$305 -9 -0.2%
DCM
104
Dupont Capital Management
Delaware
$169K +$169K +4,981 New
Citigroup
105
Citigroup
New York
$88K -$97.7K -2,881 -52%
Zurich Cantonal Bank
106
Zurich Cantonal Bank
Switzerland
$81K
AB
107
Amalgamated Bank
New York
$81K +$80.5K +2,373 New
AF
108
Amalgamated Financial
New York
$81K +$80.5K +2,373 New
SOW
109
State of Wyoming
Wyoming
$78K +$52.1K +1,536 +202%
FMP
110
Financial Management Professionals
Texas
$65K
BCMLT
111
Beacon Capital Management LLC (Tennessee)
Tennessee
$61K +$61.1K +1,802 New
MLICM
112
Metropolitan Life Insurance Company (MetLife)
New York
$38.4K -$111K -3,286 -74%
Royal Bank of Canada
113
Royal Bank of Canada
Ontario, Canada
$37K -$61.4K -1,809 -62%
AIP
114
Ameritas Investment Partners
Nebraska
$34K
TWC
115
TD Waterhouse Canada
Ontario, Canada
$27.5K +$21.9K +645 New
Lazard Asset Management
116
Lazard Asset Management
New York
$27K
Canada Life
117
Canada Life
Manitoba, Canada
$26K
New York State Teachers Retirement System (NYSTRS)
118
New York State Teachers Retirement System (NYSTRS)
New York
$24K
CCM
119
Copeland Capital Management
Pennsylvania
$23K +$746 +22 +3%
OC
120
Oakworth Capital
Alabama
$17K
US Bancorp
121
US Bancorp
Minnesota
$17K +$15.6K +461 +870%
PFBT
122
Parkside Financial Bank & Trust
Missouri
$15K -$170 -5 -1%
SPIA
123
Steward Partners Investment Advisory
New York
$14K -$3.22K -95 -18%
PHK
124
Point72 Hong Kong
Hong Kong
$11K +$10.7K +315 New
Osaic Holdings
125
Osaic Holdings
Arizona
$9K

TPB Hedge Fund Activity: Q1 2022 in Review

133 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q1 2022, worth a combined $524M — down 13% from $599M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new TPB positions and 23 closed out — a net gain of 4 holders — while 51 added to existing stakes and 37 trimmed.

The largest buyer was Repertoire Partners, adding an estimated $23.4M. The largest seller was Lord, Abbett & Co, cutting an estimated $33.9M.

  • 133 institutional investors held Turning Point Brands (TPB) as of Q1 2022, up from 130 in Q4 2021.
  • Funds reported $524M of Turning Point Brands stock for Q1 2022, down 13% quarter-over-quarter.
  • 27 funds opened new Turning Point Brands positions in Q1 2022 and 23 closed out, a net change of +4 holders.
  • The largest Turning Point Brands buyer in Q1 2022 was Repertoire Partners, an estimated $23.4M added.
  • The largest Turning Point Brands seller in Q1 2022 was Lord, Abbett & Co, an estimated $33.9M sold.

Based on aggregated 13F filings for Q1 2022.