Turning Point Brands
TPB
149 hedge funds and large institutions have $468M invested in Turning Point Brands in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 49 reducing their positions, and 12 closing their positions.
142% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 12
16% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 49
12% more funds holding
Funds holding: 133 → 149 (+16)
10% more capital invested
Capital invested by funds: $425M → $468M (+$43M)
0.43% more ownership
Funds ownership: 82.4% → 82.84% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
73% less call options, than puts
Call options by funds: $221K | Put options by funds: $808K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.01M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.94M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$1.92M |
| 5 |
Renaissance Technologies
New York
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$5.03M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$4.48M |
| 3 |
WSL
Western Standard LLC
Los Angeles,
California
|
-$2.43M |
| 4 |
ECP
Epacria Capital Partners
Boulder,
Colorado
|
-$1.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.64M |
TPB Hedge Fund Activity: Q2 2024 in Review
149 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Turning Point Brands (TPB) for Q2 2024, worth a combined $468M — up 10% from $425M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TPB positions and 12 closed out — a net gain of 17 holders — while 57 added to existing stakes and 49 trimmed.
The largest buyer was Federated Hermes, adding an estimated $3.4M. The largest seller was American Century Companies, cutting an estimated $5.03M.
- 149 institutional investors held Turning Point Brands (TPB) as of Q2 2024, up from 133 in Q1 2024.
- Funds reported $468M of Turning Point Brands stock for Q2 2024, up 10% quarter-over-quarter.
- 29 funds opened new Turning Point Brands positions in Q2 2024 and 12 closed out, a net change of +17 holders.
- The largest Turning Point Brands buyer in Q2 2024 was Federated Hermes, an estimated $3.4M added.
- The largest Turning Point Brands seller in Q2 2024 was American Century Companies, an estimated $5.03M sold.
Based on aggregated 13F filings for Q2 2024.