Turning Point Brands
TPB
139 hedge funds and large institutions have $755M invested in Turning Point Brands in 2021 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 56 increasing their positions, 39 reducing their positions, and 16 closing their positions.
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
44% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 39
15% more call options, than puts
Call options by funds: $14M | Put options by funds: $12.2M
6% more funds holding
Funds holding: 131 → 139 (+8)
4% more capital invested
Capital invested by funds: $726M → $755M (+$28.5M)
0.28% more ownership
Funds ownership: 83.52% → 83.79% (+0.28%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$21.3M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$9.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.45M |
| 4 |
Millennium Management
New York
|
+$8.18M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$7.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$45.7M |
| 2 |
SG
Standard General
New York
|
-$39.2M |
| 3 |
TA
Tamarack Advisers
Carlsbad,
California
|
-$5.99M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.11M |
| 5 |
Renaissance Technologies
New York
|
-$3.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
151
WealthShield Partners
Cary,
North Carolina
| – | -$19K | -413 | Closed |
|
152
UBS Group
Zurich,
Switzerland
| – | -$6K | -128 | Closed |
|
|
FDCDDQ
153
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$4.58K | -100 | Closed |
|
|
IA
154
IFP Advisors
Tampa,
Florida
| – | -$5K | -100 | Closed |
|
|
AF
155
Allworth Financial
Folsom,
California
| – | -$1K | -27 | Closed |
|
TPB Hedge Fund Activity: Q3 2021 in Review
139 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q3 2021, worth a combined $755M — up 3.9% from $726M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TPB positions and 16 closed out — a net gain of 9 holders — while 56 added to existing stakes and 39 trimmed.
The largest buyer was ArrowMark Colorado Holdings, opening a new position worth an estimated $21.3M. The largest seller was ETF Managers Group, exiting entirely with an estimated $45.7M sold.
- 139 institutional investors held Turning Point Brands (TPB) as of Q3 2021, up from 131 in Q2 2021.
- Funds reported $755M of Turning Point Brands stock for Q3 2021, up 3.9% quarter-over-quarter.
- 25 funds opened new Turning Point Brands positions in Q3 2021 and 16 closed out, a net change of +9 holders.
- The largest Turning Point Brands buyer in Q3 2021 was ArrowMark Colorado Holdings, an estimated $21.3M added.
- The largest Turning Point Brands seller in Q3 2021 was ETF Managers Group, an estimated $45.7M sold.
Based on aggregated 13F filings for Q3 2021.