We are live on ! Find out more
TPB icon

Turning Point Brands
TPB

124 hedge funds and large institutions have $749M invested in Turning Point Brands in 2020 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 40 increasing their positions, 39 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

429% more call options, than puts

Call options by funds: $27.7M | Put options by funds: $5.23M

131% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 13

64% more capital invested

Capital invested by funds: $457M → $749M (+$293M)

14% more funds holding

Funds holding: 109 → 124 (+15)

1.98% more ownership

Funds ownership: 85.79% → 87.78% (+2%)

3% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 39

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

Holders
124
Holders Change
+15
Holders Change %
+13.76%
% of All Funds
2.19%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
30
Increased
40
Reduced
39
Closed
13
Calls
$27.7M
Puts
$5.23M
Net Calls
+$22.5M
Net Calls Change
+$1.05M

Top Buyers

1
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
+$14.5M
2
CM
Caption Management
Oklahoma
+$6.29M
3
TA
Tamarack Advisers
California
+$6.23M
4
PVI
Pura Vida Investments
New York
+$4.93M
5
AIA
Avalon Investment & Advisory
Texas
+$3.38M

Top Sellers

1
SG
Standard General
New York
-$15.1M
2
FSCM
First Sabrepoint Capital Management
Texas
-$10.1M
3
NSGL
No Street GP LP
California
-$5.67M
4
DCM
DG Capital Management
New York
-$5.22M
5
NRCM
Northern Right Capital Management
Connecticut
-$3.91M
Name Holding Trade Value Shares
Change 		Change in
Stake
SG
1
Standard General
New York
$269M -$15.1M -400,000 -6%
Thrivent Financial for Lutherans
2
Thrivent Financial for Lutherans
Minnesota
$70.6M +$696K +18,418 +1%
BlackRock
3
BlackRock
New York
$39.1M +$1.7M +44,906 +5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$30.1M +$715K +18,936 +3%
EMG
5
ETF Managers Group
New Jersey
$24.4M +$2.42M +63,996 +13%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$17.1M -$138K -3,652 -0.9%
Lord, Abbett & Co
7
Lord, Abbett & Co
New Jersey
$17.1M +$14.5M +384,339 New
DCM
8
Driehaus Capital Management
Illinois
$16.7M -$260K -6,885 -2%
NSGL
9
No Street GP LP
California
$16.7M -$5.67M -150,000 -29%
TA
10
Tamarack Advisers
California
$15.9M +$6.23M +165,000 +80%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$14.1M +$980K +25,951 +9%
BCM
12
Brigade Capital Management
New York
$13M -$1.21M -32,000 -10%
Barclays
13
Barclays
United Kingdom
$12.3M +$1.04M +27,552 +11%
FSCM
14
First Sabrepoint Capital Management
Texas
$11.7M -$10.1M -266,969 -50%
NRCM
15
Northern Right Capital Management
Connecticut
$10.6M -$3.91M -103,499 -30%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$9.99M -$1.43M -37,843 -14%
State Street
17
State Street
Massachusetts
$8.96M +$629K +16,646 +9%
Millennium Management
18
Millennium Management
New York
$8.9M +$2.93M +77,435 +63%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$8.84M +$745K +19,718 +11%
CM
20
Caption Management
Oklahoma
$8.2M +$6.29M +166,500 +951%
PVI
21
Pura Vida Investments
New York
$7.3M +$4.93M +130,611 +393%
GECH
22
Garnet Equity Capital Holdings
New York
$7.24M +$421K +11,135 +7%
DCM
23
DG Capital Management
New York
$6.79M -$5.22M -138,172 -48%
Northern Trust
24
Northern Trust
Illinois
$6.08M -$274K -7,255 -5%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$5.86M +$2.21M +58,537 +80%
1
2 3 4 5

TPB Hedge Fund Activity: Q4 2020 in Review

124 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q4 2020, worth a combined $749M — up 64% from $457M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new TPB positions and 13 closed out — a net gain of 17 holders — while 40 added to existing stakes and 39 trimmed.

The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $14.5M. The largest seller was Standard General, cutting an estimated $15.1M.

  • 124 institutional investors held Turning Point Brands (TPB) as of Q4 2020, up from 109 in Q3 2020.
  • Funds reported $749M of Turning Point Brands stock for Q4 2020, up 64% quarter-over-quarter.
  • 30 funds opened new Turning Point Brands positions in Q4 2020 and 13 closed out, a net change of +17 holders.
  • The largest Turning Point Brands buyer in Q4 2020 was Lord, Abbett & Co, an estimated $14.5M added.
  • The largest Turning Point Brands seller in Q4 2020 was Standard General, an estimated $15.1M sold.

Based on aggregated 13F filings for Q4 2020.