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.
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: 248 → 240 (-8)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
20% less capital invested
Capital invested by funds: $2B → $1.61B (-$389M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$42.9M |
| 2 |
JCM
Junto Capital Management
New York
|
+$26.9M |
| 3 |
JP Morgan Chase
New York
|
+$26.4M |
| 4 |
Two Sigma Investments
New York
|
+$25.3M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$40.9M |
| 2 |
Morgan Stanley
New York
|
-$29.6M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$28.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$26.6M |
| 5 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$26.3M |
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.