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Turning Point Brands, Inc.

TPB
Exchange
NYSE
Industry
Tobacco Products
SEC CIK
0001290677

No open-market purchases or sales by Turning Point Brands, Inc. insiders were filed in the last 90 days; 230 institutions reported holding it in 13F filings for Q2 2026, worth $1.70B in total; Maverick Capital is the only superinvestor holding it.

13F holders, Q1 2025

Institutional positions in Turning Point Brands, Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
207
+9 vs. Q4 2024
Shares held
15.5M
+986.8K (+6.8%) vs. Q4 2024
Total value
$921.2M
+$49.1M (+5.6%) vs. Q4 2024
New holders
35
59 more added
Sold out
26
87 more reduced

3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TPB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 207 institutions
Q1 2021: 141 institutionsQ2 2021: 131 institutionsQ3 2021: 139 institutionsQ4 2021: 130 institutionsQ1 2022: 133 institutionsQ2 2022: 122 institutionsQ3 2022: 108 institutionsQ4 2022: 114 institutionsQ1 2023: 110 institutionsQ2 2023: 112 institutionsQ3 2023: 117 institutionsQ4 2023: 119 institutionsQ1 2024: 133 institutionsQ2 2024: 149 institutionsQ3 2024: 165 institutionsQ4 2024: 201 institutionsQ1 2025: 207 institutionsQ2 2025: 208 institutionsQ3 2025: 226 institutionsQ4 2025: 248 institutionsQ1 2026: 240 institutionsQ2 2026: 230 institutions
Value heldQ1 2025: $921.2M
Q1 2021: $894.9MQ2 2021: $726.4MQ3 2021: $754.7MQ4 2021: $599.4MQ1 2022: $524.0MQ2 2022: $420.8MQ3 2022: $333.4MQ4 2022: $340.4MQ1 2023: $340.3MQ2 2023: $357.1MQ3 2023: $335.7MQ4 2023: $413.2MQ1 2024: $425.5MQ2 2024: $468.4MQ3 2024: $620.4MQ4 2024: $890.9MQ1 2025: $921.2MQ2 2025: $1.28BQ3 2025: $1.81BQ4 2025: $2.00BQ1 2026: $1.61BQ2 2026: $1.70B
Institutions holding TPB and their total value by quarter
QuarterHoldersValue
Q2 2026230$1.70B
Q1 2026240$1.61B
Q4 2025248$2.00B
Q3 2025226$1.81B
Q2 2025208$1.28B
Q1 2025207$921.2M
Q4 2024201$890.9M
Q3 2024165$620.4M
Q2 2024149$468.4M
Q1 2024133$425.5M
Q4 2023119$413.2M
Q3 2023117$335.7M
Q2 2023112$357.1M
Q1 2023110$340.3M
Q4 2022114$340.4M
Q3 2022108$333.4M
Q2 2022122$420.8M
Q1 2022133$524.0M
Q4 2021130$599.4M
Q3 2021139$754.7M
Q2 2021131$726.4M
Q1 2021141$894.9M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Turning Point Brands, Inc.; share changes are against Q4 2024.

Institutions holding TPB in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.1,503,510$89.4M0.00%−61,629−3.9%Reduced
Vanguard Group Inc1,494,108$88.8M0.00%−30,532−2.0%Reduced
Morgan Stanley1,005,167$59.7M0.00%−18,736−1.8%Reduced
FMR LLC696,614$41.4M0.00%+214,448+44.5%Added
Thrivent Financial for Lutherans655,345$39.0M0.09%+15,074+2.4%Added
American Century Companies Inc603,483$35.9M0.02%−19,276−3.1%Reduced
Geode Capital Management, LLC502,639$29.9M0.00%+96,915+23.9%Added
ArrowMark Colorado Holdings LLC464,654$27.6M0.45%+31,254+7.2%Added
Dimensional Fund Advisors LP458,486$27.3M0.01%+12,553+2.8%Added
First Sabrepoint Capital Management LP376,800$22.4M9.37%+96,800+34.6%Added
State Street Corp370,590$22.1M0.00%−18,736−4.8%Reduced
Capitolis Liquid Global Markets LLC350,000$20.8M0.18%+350,000New
Divisadero Street Capital Management, LP328,263$19.5M2.24%+328,263New
Renaissance Technologies LLC290,552$17.3M0.03%+5,100+1.8%Added
Arrowstreet Capital, Limited Partnership286,003$17.0M0.01%−32,549−10.2%Reduced
Northern Right Capital Management, L.P.220,178$13.1M5.34%+85,824+63.9%Added
D. E. Shaw & Co., Inc.209,826$12.5M0.01%−33,865−13.9%Reduced
Charles Schwab Investment Management Inc199,532$11.9M0.00%−4,174−2.0%Reduced
Harspring Capital Management, LLC181,500$10.8M4.13%00.0%Unchanged
Potrero Capital Research LLC166,938$9.92M4.88%+166,938New
Bank of Montreal156,637$9.31M0.00%−600.0%Reduced
Northern Trust Corp153,244$9.11M0.00%−7,142−4.5%Reduced
Federated Hermes, Inc.153,155$9.10M0.02%−4,463−2.8%Reduced
Qube Research & Technologies Ltd150,703$8.96M0.01%+71,777+90.9%Added
Citadel Advisors LLC139,724$8.31M0.01%+15,145+12.2%Added
State of Wisconsin Investment Board132,645$7.88M0.02%+42,007+46.3%Added
Crawford Investment Counsel Inc128,919$7.66M0.14%−2,994−2.3%Reduced
Millennium Management LLC128,204$7.62M0.01%−93,473−42.2%Reduced
Two Sigma Investments, LP125,533$7.46M0.02%+16,606+15.2%Added
Jane Street Group, LLC125,425$7.46M0.01%+57,166+83.7%Added
Teacher Retirement System of Texas121,804$7.24M0.03%+67,005+122.3%Added
Franklin Resources Inc103,039$6.12M0.00%+2,570+2.6%Added
Invesco Ltd.102,868$6.11M0.00%+5,607+5.8%Added
Ballast Asset Management, LP101,629$6.04M3.18%+1,488+1.5%Added
Aristides Capital LLC99,360$5.91M2.19%−8,120−7.6%Reduced
Mangrove Partners99,259$5.90M0.67%00.0%Unchanged
Foundry Partners, LLC96,190$5.72M0.30%−3,680−3.7%Reduced
4D Advisors, LLC95,000$5.65M4.39%+95,000New
Two Sigma Advisers, LP92,800$5.52M0.01%+23,800+34.5%Added
Bank of New York Mellon Corp89,606$5.33M0.00%−703−0.8%Reduced
Castleark Management LLC88,680$5.27M0.18%+88,680New
King Luther Capital Management Corp87,049$5.17M0.02%+64,181+280.7%Added
SEI Investments Co86,834$5.16M0.01%+8,747+11.2%Added
AQR Capital Management LLC82,804$4.92M0.01%−23,674−22.2%Reduced
EAM Investors, LLC76,548$4.55M0.79%−7,299−8.7%Reduced
Portolan Capital Management, LLC70,451$4.19M0.32%+6,940+10.9%Added
Goldman Sachs Group Inc70,034$4.16M0.00%−143,999−67.3%Reduced
Squarepoint Ops LLC69,887$4.15M0.01%+7,224+11.5%Added
Jupiter Asset Management Ltd65,972$3.92M0.04%+65,972New
Nuveen, LLC63,508$3.77M0.00%+63,508New
First Trust Advisors LP56,617$3.37M0.00%−804−1.4%Reduced
First Financial Bank - Trust Division55,792$3.32M0.32%00.0%Unchanged
Tudor Investment Corp Et Al54,902$3.26M0.03%−7,069−11.4%Reduced
Deutsche Bank AG54,132$3.22M0.00%+37,827+232.0%Added
Guardian Point Capital, LP50,000$2.97M1.79%00.0%Unchanged
Mirabella Financial Services LLP50,000$2.97M0.12%+50,000New
Parthenon LLC48,770$2.90M0.36%−3,000−5.8%Reduced
Apis Capital Advisors, LLC48,000$2.85M1.38%−8,000−14.3%Reduced
Bank of America Corp45,586$2.71M0.00%−24,824−35.3%Reduced
Susquehanna International Group, LLP44,931$2.67M0.00%−19,153−29.9%Reduced
Lord, Abbett & Co. LLC44,220$2.63M0.01%−45,373−50.6%Reduced
Algert Global LLC40,361$2.40M0.06%−42,553−51.3%Reduced
Marshall Wace, LLP38,953$2.32M0.00%−39,761−50.5%Reduced
Norris Financial Group, LLC36,084$2.14M1.00%+1,631+4.7%Added
1060 Capital, LLC35,558$2.11M5.22%+35,558New
Group One Trading, L.P.34,678$2.06M0.09%+15,915+84.8%Added
Swiss National Bank34,300$2.04M0.00%+1,200+3.6%Added
JPMorgan Chase & Co32,271$1.92M0.00%−109,980−77.3%Reduced
Pekin Hardy Strauss, Inc.31,690$1.88M0.23%+1,500+5.0%Added
Trexquant Investment LP30,292$1.80M0.02%−22,625−42.8%Reduced
RBF Capital, LLC30,000$1.78M0.11%−5,000−14.3%Reduced
Linden Thomas Advisory Services, LLC29,988$1.78M0.23%+3,231+12.1%Added
Jump Financial, LLC28,211$1.68M0.03%+9,711+52.5%Added
Militia Capital Partners, LP28,000$1.66M0.68%+14,000+100.0%Added
Cubist Systematic Strategies, LLC26,547$1.58M0.02%−15,699−37.2%Reduced
Martingale Asset Management L P26,370$1.57M0.04%+162+0.6%Added
Stifel Financial Corp24,845$1.48M0.00%−290−1.2%Reduced
Rhumbline Advisers24,531$1.46M0.00%+464+1.9%Added
Corsair Capital Management, L.P.24,497$1.46M0.37%−5,158−17.4%Reduced
Gsa Capital Partners LLP23,775$1.41M0.13%−6,265−20.9%Reduced
Quantbot Technologies LP23,500$1.40M0.04%+13,255+129.4%Added
UBS Asset Management Americas Inc23,068$1.37M0.00%00.0%Unchanged
Marathon Partners Equity Management, LLC22,500$1.34M1.41%−2,500−10.0%Reduced
O'Shaughnessy Asset Management, LLC22,300$1.33M0.01%+22,300New
Barclays PLC22,109$1.31M0.00%−11,155−33.5%Reduced
Massachusetts Financial Services Co19,632$1.17M0.00%−448−2.2%Reduced
Voya Investment Management LLC18,933$1.13M0.00%+3,187+20.2%Added
Alliancebernstein L.P.18,510$1.10M0.00%00.0%Unchanged
CenterBook Partners LP17,761$1.06M0.07%+10,518+145.2%Added
Lighthouse Investment Partners, LLC17,500$1.04M0.05%+17,500New
Legal & General Group Plc17,472$1.04M0.00%+1,089+6.6%Added
Prelude Capital Management, LLC17,182$1.02M0.10%+17,182New
Wells Fargo & Company16,788$997.9K0.00%+8,487+102.2%Added
Engineers Gate Manager LP16,718$993.7K0.02%−8,378−33.4%Reduced
Cannell Capital LLC16,698$992.5K0.33%+16,698New
Price T Rowe Associates Inc16,098$957.0K0.00%−45,629−73.9%Reduced
Ameriprise Financial Inc15,901$945.2K0.00%−16−0.1%Reduced
Verition Fund Management LLC15,572$925.6K0.01%+2,897+22.9%Added
Ritholtz Wealth Management15,428$917.0K0.03%+15,428New
Boothbay Fund Management, LLC15,000$891.6K0.03%+15,000New