Turning Point Brands, Inc.

TPB

Exchange: NYSE
Industry: Tobacco Products
SEC CIK: 0001290677

SEC filings (opens in a new tab)

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.

Q4 2025 vs. Q3 2025

How the institutions holding Turning Point Brands, Inc. changed between Q3 2025 and Q4 2025.

All holders in Q4 2025 All holders in Q3 2025

13F holders of TPB: Q3 2025 compared with Q4 2025
Measure	Q3 2025	Of which not filed for Q4 2025	Q4 2025	Change
Holders	226	2	248	+24
Shares	18.3M	4.67K	18.4M	+113.0K (+0.6%)
Value	$1.81B	$457.7K	$2.00B	+$186.4M (+10.3%)

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (48)

Institutions that held Turning Point Brands, Inc. at the end of Q4 2025 but not at the end of Q3 2025.

Institutions new to TPB in Q4 2025
Institution	Shares	Value	% of portfolio
Lord, Abbett & Co. LLC	262,489	$28.5M	0.09%
Madison Avenue Partners, LP	247,723	$26.9M	1.15%
Pillsbury Lake Capital LLC	160,241	$17.4M	7.08%
Veradace Capital Management LLC	62,661	$6.79M	4.68%
Envestnet Asset Management Inc	37,200	$4.03M	0.00%
Bronte Capital Management Pty Ltd.	24,372	$2.64M	0.28%
SG Capital Management LLC	20,281	$2.20M	0.24%
Capelight Capital Asset Management LP	18,000	$1.95M	1.93%
Capital Fund Management S.A.	12,637	$1.37M	0.01%
CenterBook Partners LP	11,371	$1.23M	0.06%
Anderson Hoagland & Co	9,300	$1.01M	0.09%
Sierra Summit Advisors LLC	9,053	$981.3K	0.15%
Picton Mahoney Asset Management	6,310	$684.0K	0.01%
Ameriprise Financial Inc	5,775	$626.0K	0.00%
Quadrature Capital Ltd	4,577	$496.1K	0.01%
TD Asset Management Inc	4,498	$487.6K	0.00%
Lighthouse Investment Partners, LLC	4,070	$441.2K	0.01%
Jefferies Financial Group Inc.	3,662	$397.0K	0.00%
Ieq Capital, LLC	3,429	$371.7K	0.00%
Aristeia Capital LLC	3,255	$352.8K	0.01%
Cetera Investment Advisers	3,221	$349.2K	0.00%
Canada Pension Plan Investment Board	3,200	$346.9K	0.00%
AdvisorShares Investments LLC	3,200	$346.9K	0.06%
Neuberger Berman Group LLC	2,982	$323.2K	0.00%
Bridgefront Capital, LLC	2,848	$308.7K	0.08%
Dark Forest Capital Management LP	2,817	$305.4K	0.01%
Axq Capital, LP	2,778	$301.1K	0.07%
Snowden Capital Advisors LLC	2,714	$294.3K	0.01%
BankChampaign, National Association	2,527	$273.9K	0.27%
Cornerstone Capital, Inc.	2,275	$246.6K	0.02%
Swiss Life Asset Management Ltd	2,266	$245.6K	0.00%
Bessemer Group Inc	2,171	$235.0K	0.00%
LPL Financial LLC	2,119	$229.7K	0.00%
Legacy Financial Advisors, Inc.	2,004	$217.2K	0.03%
Violich Capital Management, Inc.	1,940	$210.3K	0.02%
Gotham Asset Management, LLC	1,891	$205.0K	0.00%
Belvedere Trading LLC	1,695	$183.7K	0.03%
Aster Capital Management (DIFC) Ltd	707	$76.6K	0.03%
Kemnay Advisory Services Inc.	251	$27.2K	0.00%
CBIZ Investment Advisory Services, LLC	154	$16.7K	0.00%
Solstein Capital, LLC	100	$10.8K	0.00%
MCF Advisors LLC	75	$8.14K	0.00%
C M Bidwell & Associates Ltd	48	$5.20K	0.00%
Los Angeles Capital Management LLC	45	$4.05K	0.00%
Global Retirement Partners, LLC	20	$2.17K	0.00%
SHP Wealth Management	14	$1.52K	0.00%
Root Financial Partners, LLC	9	$976	0.00%
CIBC Private Wealth Group, LLC	1	$108	0.00%

Sold out (24)

Institutions that held Turning Point Brands, Inc. at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of TPB in Q4 2025
Institution	Shares, Q3 2025	Value, Q3 2025
G2 Investment Partners Management LLC	111,000	$11.0M
Renaissance Technologies LLC	91,552	$9.05M
MUFG Securities EMEA plc	85,600	$8.46M
Fund 1 Investments, LLC	39,400	$3.90M
Point72 Asset Management, L.P.	35,455	$3.51M
Jupiter Asset Management Ltd	23,649	$2.34M
Jump Financial, LLC	19,314	$1.91M
CSM Advisors, LLC	15,545	$1.53M
Calamos Advisors LLC	8,745	$864.5K
Simplex Trading, LLC	7,206	$712.0K
Dynamic Technology Lab Private Ltd	6,858	$678.0K
Quantbot Technologies LP	4,781	$472.6K
Employees Retirement System of Texas	3,971	$393.0K
Entropy Technologies, LP	3,384	$334.5K
EntryPoint Capital, LLC	3,212	$317.5K
Fox Run Management, L.L.C.	2,968	$293.4K
Hilltop Holdings Inc.	2,675	$264.5K
USA Financial Portformulas Corp	814	$80.5K
Sentry Investment Management LLC	555	$47.0K
Advisory Services Network, LLC	287	$28.4K
Clearstead Advisors, LLC	130	$12.9K
Optiver Holding B.V.	86	$8.50K
JPL Wealth Management, LLC	5	$495
Tortoise Investment Management, LLC	1	$99

Not filed for Q4 2025 yet (2)

Institutions that held Turning Point Brands, Inc. at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding TPB in Q3 2025 that haven't filed for Q4 2025
Institution	Shares, Q3 2025	Value, Q3 2025
Wolverine Trading, LLC	4,655	$450.3K
Accredited Wealth Management, LLC	14	$7.42K