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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, Q3 2025

Institutional positions in Turning Point Brands, Inc. as of Sep 30, 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
226
+19 vs. Q2 2025
Shares held
18.3M
+1.42M (+8.4%) vs. Q2 2025
Total value
$1.81B
+$530.8M (+41.5%) vs. Q2 2025
New holders
46
71 more added
Sold out
27
79 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: 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 holdersQ3 2025: 226 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 heldQ3 2025: $1.81B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Turning Point Brands, Inc.; share changes are against Q2 2025.

Institutions holding TPB in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Cannell Capital LLC180,100$17.8M4.67%+119,821+198.8%Added
Harspring Capital Management, LLC181,500$17.9M6.87%00.0%Unchanged
D. E. Shaw & Co., Inc.204,036$20.2M0.02%−25,846−11.2%Reduced
Price T Rowe Associates Inc207,791$20.5M0.00%+190,873+1,128.2%Added
Wellington Management Group LLP210,275$20.8M0.00%+210,275New
Millennium Management LLC214,401$21.2M0.02%+193,218+912.1%Added
Maple Rock Capital Partners Inc.229,300$22.7M0.92%−14,300−5.9%Reduced
Mangrove Partners260,991$25.8M2.15%+161,732+162.9%Added
First Trust Advisors LP286,658$28.3M0.02%+144,663+101.9%Added
Capitolis Liquid Global Markets LLC308,392$30.5M0.24%+81,700+36.0%Added
Two Sigma Investments, LP311,874$30.8M0.05%+138,825+80.2%Added
American Century Companies Inc321,319$31.8M0.02%−226,331−41.3%Reduced
T. Rowe Price Investment Management, Inc.341,801$33.8M0.02%+341,801New
State Street Corp365,236$36.1M0.00%−1,684−0.5%Reduced
First Sabrepoint Capital Management LP400,000$39.5M15.96%00.0%Unchanged
Driehaus Capital Management LLC405,044$40.0M0.29%+164,413+68.3%Added
Arrowstreet Capital, Limited Partnership441,772$43.7M0.03%+111,590+33.8%Added
Dimensional Fund Advisors LP463,182$45.8M0.01%−1,669−0.4%Reduced
Geode Capital Management, LLC513,204$50.7M0.00%+3,461+0.7%Added
FMR LLC653,973$64.7M0.00%−44,163−6.3%Reduced
ArrowMark Colorado Holdings LLC674,809$66.7M1.24%+134,401+24.9%Added
Thrivent Financial for Lutherans808,613$79.9M0.16%+85,716+11.9%Added
Morgan Stanley905,464$89.5M0.01%−208,014−18.7%Reduced
Divisadero Street Capital Management, LP974,066$96.3M4.48%+30,282+3.2%Added
BlackRock, Inc.1,387,982$137.2M0.00%−47,270−3.3%Reduced
Vanguard Group Inc1,390,083$137.4M0.00%−108,032−7.2%Reduced
Northern Right Capital Management, L.P.0$00.00%−60,895−100.0%Sold out
SG Capital Management LLC0$00.00%−43,570−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−36,783−100.0%Sold out
Picton Mahoney Asset Management0$00.00%−17,730−100.0%Sold out
CenterBook Partners LP0$00.00%−17,157−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−16,412−100.0%Sold out
Walleye Capital LLC0$00.00%−14,762−100.0%Sold out
Massachusetts Financial Services Co0$00.00%−10,739−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−10,326−100.0%Sold out
Toroso Investments, LLC0$00.00%−8,540−100.0%Sold out
Counterpoint Mutual Funds LLC0$00.00%−5,433−100.0%Sold out
PDT Partners, LLC0$00.00%−3,799−100.0%Sold out
Private Advisor Group, LLC0$00.00%−3,438−100.0%Sold out
Seizert Capital Partners, LLC0$00.00%−3,293−100.0%Sold out
AdvisorShares Investments LLC0$00.00%−3,249−100.0%Sold out
Longboard Asset Management, LP0$00.00%−3,119−100.0%Sold out
Virginia Retirement Systems Et Al0$00.00%−3,100−100.0%Sold out
Grantham, Mayo, Van Otterloo & Co. LLC0$00.00%−3,075−100.0%Sold out
Lazard Asset Management LLC0$00.00%−1,842−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−1,700−100.0%Sold out
Briaud Financial Planning, Inc0$00.00%−418−100.0%Sold out
Harbor Capital Advisors, Inc.0$00.00%−56−100.0%Sold out
Skopos Labs, Inc.0$00.00%−42−100.0%Sold out
Whipplewood Advisors, LLC0$00.00%−22−100.0%Sold out
CIBC Private Wealth Group, LLC0$00.00%−20−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−15−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−1−100.0%Sold out
First Horizon Advisors, Inc.––––Not filed