Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Turning Pt Brands Inc (TPB)

237 + Investors. Track Smart Money conviction in TPB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — TPB

Based on 239 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TPB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
239 hedge funds hold TPB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+33 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

130 buying124 selling
Last quarter: 130 funds bought or added vs 124 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 34 → 44 → 49 → 40. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 27% medium ■ 28% new
109 out of 239 hedge funds have held TPB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +2%, value -26%

Value
-25%
Shares
+2%
Last quarter: funds added +2% more shares while total portfolio value only changed -26%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

37 → 34 → 44 → 49 → 40 new funds/Q
New funds entering each quarter: 34 → 44 → 49 → 40. A growing number of institutions are discovering TPB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 53% veterans vs 33% newcomers

■ 53% veterans ■ 14% 1-2yr ■ 33% new
Entry-cohort mix of 251 holders: 132 (53%) are 2+ year veterans, 36 entered 1–2 years ago, and 83 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
46 of 238 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TPB

In 2026 Q1, 130 hedge funds were net buyers of TPB (40 opened a new position, 90 added to an existing one), while 124 reduced or exited (79 trimmed, 45 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 33% of total institutional value in TPB is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 239.

Hedge Fund Ownership: TPB

How many hedge funds hold TPB — quarterly history vs. share price
Quarterly hedge fund ownership of TPB vs. share price

Market Analysis: TPB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TPB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Turning Pt Brands Inc (TPB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TPB has moved relative to its sector benchmark (XLP) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
TPB
-5.5%
XLP
+4.5%

TPB outperformed XLP by -10.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
TPB
-8.4%
XLP
+1.2%

Since the filing became public, TPB outperformed XLP by -9.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 10 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: TPB
237 + Investors

Track Smart Money conviction in TPB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 237 244 -2.87%
13F Shares 19M 19M 2.19%
Total Value $1.47B $1.99B -25.85%
New Positions 39 49 -10
Increased Positions 89 85 +4
Closed Positions 46 29 +17
Reduced Positions 74 81 -7
Total Calls 8 7 14.29%
Total Puts 5 5 -
PUT/CALL Ratio 0.62 0.71 Bullish

Statistics: TPB

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

237 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TPB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TPB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 First Sabrepoint Capital Management LP 12.60% 400,000 $34.7M
2 Pillsbury Lake Capital LLC 6.67% 170,058 $14.8M
3 Harspring Capital Management, LLC 5.79% 126,808 $11.0M
4 AWH Capital, L.P. 5.47% 69,450 $6.0M
5 Prospect Capital Advisors, LLC 5.04% 104,480 $9.1M
6 Veradace Capital Management LLC 4.84% 62,661 $5.4M
7 Guardian Point Capital, LP 4.47% 125,000 $10.8M
8 Cannell Capital LLC 3.82% 71,692 $6.2M
9 4D Advisors, LLC 3.58% 65,000 $5.6M
10 Apis Capital Advisors, LLC 3.40% 254,000 $22.0M
11 Riposte Capital LLC 3.32% 150,000 $13.0M
12 Marathon Partners Equity Management, LLC 3.05% 31,000 $2.7M
13 Potrero Capital Research LLC 2.59% 48,527 $4.2M
14 Ballast Asset Management, LP 2.58% 66,887 $5.8M
15 Findell Capital Management LLC 2.41% 95,000 $8.2M
16 Aristides Capital LLC 1.94% 103,164 $9.0M
17 Capelight Capital Asset Management LP 1.81% 28,000 $2.4M
18 ArrowMark Colorado Holdings LLC 1.72% 745,423 $64.7M
19 Norris Financial Group, LLC 1.35% 47,824 $4.2M
20 Maple Rock Capital Partners Inc. 1.23% 436,000 $37.8M
21 Divisadero Street Capital Management, LP 1.07% 295,578 $25.7M
22 Madison Avenue Partners, LP 0.93% 247,723 $21.5M
23 GatePass Capital, LLC 0.81% 20,000 $1.7M
24 Copeland Capital Management, LLC 0.79% 407,208 $35.3M
25 Militia Capital Management LLC 0.78% 40,000 $3.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Turning Pt Brands Inc (TPB)

What does the Smart Money Trend signal show for TPB?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TPB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TPB?

Slight buying edge — 51% buying: Last quarter: 130 funds bought or added vs 124 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TPB holders?

Strong quality — 33% AUM from major funds: 46 of 238 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TPB?

46% of holders stayed for 2+ years: 109 out of 239 hedge funds have held TPB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Turning Pt Brands Inc (TPB) following the 2026 Q1 hedge fund 13F filings?

As of today, TPB has moved -8.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.2% for the XLP sector ETF — an outperformance of -9.6%. Since the quarter end (March 31, 2026), TPB has gained -5.5% vs +4.5% for XLP. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →