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Turning Point Brands

240 hedge funds and large institutions have $1.61B invested in Turning Point Brands in 2026 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 86 increasing their positions, 82 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

287% more call options, than puts

Call options by funds: $75.3M | Put options by funds: $19.5M

5% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 82

0.88% less ownership

Funds ownership: 96.6%95.72% (-0.88%)

7% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 41

3% less funds holding

Funds holding: 248240 (-8)

6% less funds holding in top 10

Funds holding in top 10: 1615 (-1)

20% less capital invested

Capital invested by funds: $2B → $1.61B (-$389M)

Holders
240
Holders Change
-8
Holders Change %
-3.23%
% of All Funds
2.95%
Holding in Top 10
15
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.25%
% of All Funds
0.18%
New
38
Increased
86
Reduced
82
Closed
41
Calls
$75.3M
Puts
$19.5M
Net Calls
+$55.8M
Net Calls Change
+$12.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Capstone Investment Advisors
151
Capstone Investment Advisors
New York
$498K +$639K +5,734 New
New York State Common Retirement Fund
152
New York State Common Retirement Fund
New York
$477K +$11.1K +100 +2%
PFSRSONJ
153
Police & Firemen's Retirement System of New Jersey
New Jersey
$450K +$49.1K +441 +9%
ASRS
154
Arizona State Retirement System
Arizona
$430K -$10.3K -92 -2%
KFGK
155
Keystone Financial Group (Kentucky)
Kentucky
$421K -$11.1K -100 -2%
VIA
156
Vanguard Investments Australia
Australia
$394K +$505K +4,535 New
US Bancorp
157
US Bancorp
Minnesota
$389K -$242K -2,175 -33%
Barclays
158
Barclays
United Kingdom
$387K -$7.12M -63,893 -93%
HCA
159
Harbor Capital Advisors
Illinois
$387K +$497K +4,461 New
BNP Paribas Financial Markets
160
BNP Paribas Financial Markets
France
$355K +$20.4K +183 +5%
Cetera Investment Advisers
161
Cetera Investment Advisers
Illinois
$352K +$92.7K +832 +26%
PNC Financial Services Group
162
PNC Financial Services Group
Pennsylvania
$350K -$51.2K -459 -10%
Mercer Global Advisors
163
Mercer Global Advisors
Colorado
$331K +$139K +1,246 +49%
SG Americas Securities
164
SG Americas Securities
New York
$303K -$860K -7,715 -69%
QT
165
Quantbot Technologies
New York
$293K +$376K +3,376 New
SWP
166
Stratos Wealth Partners
Ohio
$290K -$285K -2,555 -43%
Neuberger Berman Group
167
Neuberger Berman Group
New York
$287K +$36.7K +329 +11%
VOYA Investment Management
168
VOYA Investment Management
Georgia
$264K -$10.5K -94 -3%
GCM
169
Graham Capital Management
Connecticut
$262K -$499K -4,479 -60%
Zurich Cantonal Bank
170
Zurich Cantonal Bank
Switzerland
$260K
Baird Financial Group
171
Baird Financial Group
Wisconsin
$253K -$47.4K -425 -13%
Allspring Global Investments
172
Allspring Global Investments
North Carolina
$251K +$39.7K +356 +12%
Bessemer Group
173
Bessemer Group
New Jersey
$247K +$75.1K +674 +31%
JFG
174
Jefferies Financial Group
New York
$245K -$93.7K -841 -23%
LFAS
175
Level Four Advisory Services
Texas
$243K -$19.4K -174 -6%

TPB Hedge Fund Activity: Q1 2026 in Review

240 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q1 2026, worth a combined $1.61B — down 20% from $2B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of TPB and 38 opened new positions — a net loss of 3 holders — while 82 trimmed existing stakes and 86 added.

The largest buyer was Thrivent Financial for Lutherans, adding an estimated $42.9M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $40.9M sold.

  • 240 institutional investors held Turning Point Brands (TPB) as of Q1 2026, down from 248 in Q4 2025.
  • Funds reported $1.61B of Turning Point Brands stock for Q1 2026, down 20% quarter-over-quarter.
  • 38 funds opened new Turning Point Brands positions in Q1 2026 and 41 closed out, a net change of -3 holders.
  • The largest Turning Point Brands buyer in Q1 2026 was Thrivent Financial for Lutherans, an estimated $42.9M added.
  • The largest Turning Point Brands seller in Q1 2026 was Arrowstreet Capital, an estimated $40.9M sold.

Based on aggregated 13F filings for Q1 2026.