Turning Point Brands
TPB
130 hedge funds and large institutions have $599M invested in Turning Point Brands in 2021 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 39 increasing their positions, 47 reducing their positions, and 34 closing their positions.
86% more call options, than puts
Call options by funds: $7.91M | Put options by funds: $4.26M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
0.12% more ownership
Funds ownership: 83.79% → 83.91% (+0.12%)
6% less funds holding
Funds holding: 139 → 130 (-9)
17% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 47
21% less capital invested
Capital invested by funds: $755M → $599M (-$155M)
24% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 34
Top Buyers
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$15M |
| 2 |
DCM
DG Capital Management
New York
|
+$7.58M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$7.16M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$7.03M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$6.76M |
Top Sellers
| 1 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$13.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.3M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.47M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.33M |
| 5 |
Neuberger Berman Group
New York
|
-$5.49M |
TPB Hedge Fund Activity: Q4 2021 in Review
130 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q4 2021, worth a combined $599M — down 21% from $755M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TPB and 26 opened new positions — a net loss of 8 holders — while 47 trimmed existing stakes and 39 added.
The largest buyer was Boston Partners, adding an estimated $15M. The largest seller was Steamboat Capital Partners, exiting entirely with an estimated $13.4M sold.
- 130 institutional investors held Turning Point Brands (TPB) as of Q4 2021, down from 139 in Q3 2021.
- Funds reported $599M of Turning Point Brands stock for Q4 2021, down 21% quarter-over-quarter.
- 26 funds opened new Turning Point Brands positions in Q4 2021 and 34 closed out, a net change of -8 holders.
- The largest Turning Point Brands buyer in Q4 2021 was Boston Partners, an estimated $15M added.
- The largest Turning Point Brands seller in Q4 2021 was Steamboat Capital Partners, an estimated $13.4M sold.
Based on aggregated 13F filings for Q4 2021.