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, Q4 2025
Institutional positions in Turning Point Brands, Inc. as of Dec 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
- 248
- +24 vs. Q3 2025
- Shares held
- 18.4M
- +113.0K (+0.6%) vs. Q3 2025
- Total value
- $2.00B
- +$186.4M (+10.3%) vs. Q3 2025
- New holders
- 48
- 87 more added
- Sold out
- 24
- 80 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 230 | $1.70B |
| Q1 2026 | 240 | $1.61B |
| Q4 2025 | 248 | $2.00B |
| Q3 2025 | 226 | $1.81B |
| Q2 2025 | 208 | $1.28B |
| Q1 2025 | 207 | $921.2M |
| Q4 2024 | 201 | $890.9M |
| Q3 2024 | 165 | $620.4M |
| Q2 2024 | 149 | $468.4M |
| Q1 2024 | 133 | $425.5M |
| Q4 2023 | 119 | $413.2M |
| Q3 2023 | 117 | $335.7M |
| Q2 2023 | 112 | $357.1M |
| Q1 2023 | 110 | $340.3M |
| Q4 2022 | 114 | $340.4M |
| Q3 2022 | 108 | $333.4M |
| Q2 2022 | 122 | $420.8M |
| Q1 2022 | 133 | $524.0M |
| Q4 2021 | 130 | $599.4M |
| Q3 2021 | 139 | $754.7M |
| Q2 2021 | 131 | $726.4M |
| Q1 2021 | 141 | $894.9M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Turning Point Brands, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 1,451,394 | $157.3M | 0.00% | +61,311+4.4% | Added |
| BlackRock, Inc. | 1,445,443 | $156.7M | 0.00% | +57,461+4.1% | Added |
| ArrowMark Colorado Holdings LLC | 869,747 | $94.3M | 2.07% | +194,938+28.9% | Added |
| Thrivent Financial for Lutherans | 847,050 | $91.8M | 0.16% | +38,437+4.8% | Added |
| Geode Capital Management, LLC | 541,667 | $58.7M | 0.00% | +28,463+5.5% | Added |
| FMR LLC | 536,942 | $58.2M | 0.00% | −117,031−17.9% | Reduced |
| Divisadero Street Capital Management, LP | 531,214 | $57.6M | 3.28% | −442,852−45.5% | Reduced |
| First Trust Advisors LP | 494,262 | $53.6M | 0.04% | +207,604+72.4% | Added |
| T. Rowe Price Investment Management, Inc. | 488,833 | $53.0M | 0.03% | +147,032+43.0% | Added |
| Driehaus Capital Management LLC | 481,834 | $52.2M | 0.35% | +76,790+19.0% | Added |
| Dimensional Fund Advisors LP | 462,970 | $50.2M | 0.01% | −2120.0% | Reduced |
| First Sabrepoint Capital Management LP | 400,000 | $43.4M | 17.83% | 00.0% | Unchanged |
| Maple Rock Capital Partners Inc. | 399,300 | $43.3M | 1.43% | +170,000+74.1% | Added |
| Morgan Stanley | 385,138 | $41.7M | 0.00% | −520,326−57.5% | Reduced |
| Arrowstreet Capital, Limited Partnership | 377,611 | $40.9M | 0.02% | −64,161−14.5% | Reduced |
| State Street Corp | 370,281 | $40.2M | 0.00% | +5,045+1.4% | Added |
| Two Sigma Investments, LP | 288,180 | $31.2M | 0.05% | −23,694−7.6% | Reduced |
| American Century Companies Inc | 287,540 | $31.2M | 0.02% | −33,779−10.5% | Reduced |
| Mangrove Partners | 265,205 | $28.7M | 2.34% | +4,214+1.6% | Added |
| Lord, Abbett & Co. LLC | 262,489 | $28.5M | 0.09% | +262,489 | New |
| Madison Avenue Partners, LP | 247,723 | $26.9M | 1.15% | +247,723 | New |
| Wellington Management Group LLP | 236,032 | $25.6M | 0.00% | +25,757+12.2% | Added |
| D. E. Shaw & Co., Inc. | 212,792 | $23.1M | 0.02% | +8,756+4.3% | Added |
| Price T Rowe Associates Inc | 208,397 | $22.6M | 0.00% | +606+0.3% | Added |
| Copeland Capital Management, LLC | 204,188 | $22.1M | 0.49% | +203,505+29,795.8% | Added |
| Harspring Capital Management, LLC | 181,500 | $19.7M | 7.30% | 00.0% | Unchanged |
| Bank of America Corp | 174,270 | $18.9M | 0.00% | +99,571+133.3% | Added |
| Citadel Advisors LLC | 169,219 | $18.3M | 0.01% | +116,214+219.3% | Added |
| Northern Trust Corp | 168,464 | $18.3M | 0.00% | +21,557+14.7% | Added |
| Apis Capital Advisors, LLC | 164,377 | $17.8M | 3.10% | +106,948+186.2% | Added |
| Pillsbury Lake Capital LLC | 160,241 | $17.4M | 7.08% | +160,241 | New |
| Bank of Montreal | 156,637 | $17.0M | 0.01% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 154,900 | $16.8M | 0.00% | +6,554+4.4% | Added |
| Susquehanna International Group, LLP | 130,806 | $14.2M | 0.02% | +89,957+220.2% | Added |
| Findell Capital Management LLC | 127,000 | $13.8M | 4.57% | +37,000+41.1% | Added |
| Prospect Capital Advisors, LLC | 119,730 | $13.0M | 6.69% | +26,130+27.9% | Added |
| Goldman Sachs Group Inc | 119,226 | $12.9M | 0.00% | −25,372−17.5% | Reduced |
| Two Sigma Advisers, LP | 115,000 | $12.5M | 0.02% | −12,900−10.1% | Reduced |
| 4D Advisors, LLC | 115,000 | $12.5M | 6.83% | +15,000+15.0% | Added |
| Qube Research & Technologies Ltd | 114,622 | $12.4M | 0.02% | −39,876−25.8% | Reduced |
| Potrero Capital Research LLC | 106,751 | $11.6M | 3.90% | −25,000−19.0% | Reduced |
| Oberweis Asset Management Inc | 103,500 | $11.2M | 0.41% | +2,500+2.5% | Added |
| Crawford Investment Counsel Inc | 102,107 | $11.1M | 0.18% | −16,633−14.0% | Reduced |
| Jane Street Group, LLC | 100,746 | $10.9M | 0.01% | −72,483−41.8% | Reduced |
| Riposte Capital LLC | 100,000 | $10.8M | 4.50% | +25,000+33.3% | Added |
| State of Wisconsin Investment Board | 95,646 | $10.4M | 0.02% | −7,978−7.7% | Reduced |
| Algert Global LLC | 90,210 | $9.78M | 0.15% | −29,790−24.8% | Reduced |
| King Luther Capital Management Corp | 87,049 | $9.44M | 0.04% | 00.0% | Unchanged |
| Aristides Capital LLC | 86,010 | $9.32M | 3.22% | −3,350−3.7% | Reduced |
| Osterweis Capital Management Inc | 84,555 | $9.17M | 0.39% | +975+1.2% | Added |
| Bank of New York Mellon Corp | 79,578 | $8.63M | 0.00% | −12,712−13.8% | Reduced |
| Trexquant Investment LP | 75,079 | $8.14M | 0.07% | +26,593+54.8% | Added |
| Invesco Ltd. | 74,559 | $8.08M | 0.00% | −3,193−4.1% | Reduced |
| Federated Hermes, Inc. | 72,393 | $7.85M | 0.01% | −33,226−31.5% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 71,587 | $7.76M | 0.01% | +13,210+22.6% | Added |
| Squarepoint Ops LLC | 69,748 | $7.56M | 0.02% | +65,515+1,547.7% | Added |
| AWH Capital, L.P. | 69,450 | $7.53M | 6.95% | +21,600+45.1% | Added |
| Barclays PLC | 68,357 | $7.41M | 0.00% | +41,993+159.3% | Added |
| AQR Capital Management LLC | 67,526 | $7.32M | 0.00% | +2,874+4.4% | Added |
| Access Investment Management LLC | 73,590 | $7.28M | 1.95% | 00.0% | Unchanged |
| Ballast Asset Management, LP | 65,242 | $7.07M | 3.34% | −2,310−3.4% | Reduced |
| Caption Management, LLC | 64,952 | $7.04M | 0.31% | −10,635−14.1% | Reduced |
| EAM Investors, LLC | 64,226 | $6.96M | 0.78% | −14,375−18.3% | Reduced |
| Veradace Capital Management LLC | 62,661 | $6.79M | 4.68% | +62,661 | New |
| Castleark Management LLC | 61,944 | $6.71M | 0.20% | −16,010−20.5% | Reduced |
| Guardian Point Capital, LP | 58,239 | $6.31M | 1.95% | +8,239+16.5% | Added |
| JPMorgan Chase & Co | 52,610 | $5.70M | 0.00% | +2,640+5.3% | Added |
| Cannell Capital LLC | 51,876 | $5.62M | 3.59% | −128,224−71.2% | Reduced |
| Franklin Resources Inc | 50,515 | $5.48M | 0.00% | −27,291−35.1% | Reduced |
| Prelude Capital Management, LLC | 50,183 | $5.44M | 0.40% | −9,448−15.8% | Reduced |
| Crown Advisors Management, Inc. | 50,000 | $5.42M | 3.57% | +10,000+25.0% | Added |
| Norris Financial Group, LLC | 49,579 | $5.37M | 1.83% | +15,438+45.2% | Added |
| Teacher Retirement System of Texas | 48,675 | $5.28M | 0.02% | −32,686−40.2% | Reduced |
| SEI Investments Co | 46,871 | $5.08M | 0.01% | +42,875+1,072.9% | Added |
| Thompson Siegel & Walmsley LLC | 46,362 | $5.03M | 0.08% | −3,711−7.4% | Reduced |
| HighTower Advisors, LLC | 41,634 | $4.51M | 0.00% | +3,851+10.2% | Added |
| Stifel Financial Corp | 38,254 | $4.15M | 0.00% | +12,690+49.6% | Added |
| Victory Capital Management Inc | 37,717 | $4.09M | 0.00% | +5,032+15.4% | Added |
| Envestnet Asset Management Inc | 37,200 | $4.03M | 0.00% | +37,200 | New |
| Swiss National Bank | 35,500 | $3.85M | 0.00% | +800+2.3% | Added |
| Nuveen, LLC | 34,441 | $3.73M | 0.00% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 32,983 | $3.58M | 0.01% | −6,626−16.7% | Reduced |
| O'Shaughnessy Asset Management, LLC | 31,917 | $3.46M | 0.02% | −1,490−4.5% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 31,496 | $3.41M | 0.08% | +17,323+122.2% | Added |
| CBOE Vest Financial, LLC | 31,398 | $3.40M | 0.04% | +17,046+118.8% | Added |
| Balyasny Asset Management LLC | 31,390 | $3.40M | 0.01% | +13,498+75.4% | Added |
| Wells Fargo & Company | 31,300 | $3.39M | 0.00% | +12,038+62.5% | Added |
| Pekin Hardy Strauss, Inc. | 31,165 | $3.38M | 0.31% | +950+3.1% | Added |
| Parthenon LLC | 30,770 | $3.34M | 0.36% | 00.0% | Unchanged |
| RBF Capital, LLC | 30,000 | $3.25M | 0.15% | 00.0% | Unchanged |
| Boothbay Fund Management, LLC | 26,452 | $2.87M | 0.08% | −34,434−56.6% | Reduced |
| Ritholtz Wealth Management | 24,953 | $2.70M | 0.05% | −378−1.5% | Reduced |
| Bronte Capital Management Pty Ltd. | 24,372 | $2.64M | 0.28% | +24,372 | New |
| Corsair Capital Management, L.P. | 23,274 | $2.52M | 0.42% | −1,223−5.0% | Reduced |
| Principal Financial Group Inc | 23,273 | $2.52M | 0.00% | +7,318+45.9% | Added |
| UBS Asset Management Americas Inc | 23,082 | $2.50M | 0.00% | +243+1.1% | Added |
| Militia Capital Partners, LP | 22,000 | $2.38M | 0.90% | +5,000+29.4% | Added |
| UBS Group AG | 21,711 | $2.35M | 0.00% | −96,050−81.6% | Reduced |
| Maverick Capital LtdSuperinvestorMaverick Capital | 21,675 | $2.35M | 0.03% | −10,117−31.8% | Reduced |
| Rhumbline Advisers | 21,669 | $2.35M | 0.00% | −3,455−13.8% | Reduced |