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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, 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.

Institutional holdersQ4 2025: 248 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 heldQ4 2025: $2.00B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Turning Point Brands, Inc.; share changes are against Q3 2025.

Institutions holding TPB in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Larson Financial Group LLC1$1080.00%−1−50.0%Reduced
CIBC Private Wealth Group, LLC1$1080.00%+1New
Vermillion Wealth Management, Inc.1$1120.00%00.0%Unchanged
Fortitude Family Office, LLC2$2170.00%00.0%Unchanged
SBI Securities Co., Ltd.3$3250.00%−1−25.0%Reduced
Allworth Financial LP7$7590.00%−12−63.2%Reduced
Root Financial Partners, LLC9$9760.00%+9New
Capital Advisors, Ltd. LLC13$1.00K0.00%00.0%Unchanged
Massmutual Trust Co FSB10$1.08K0.00%00.0%Unchanged
Parkside Financial Bank & Trust10$1.08K0.00%00.0%Unchanged
SHP Wealth Management14$1.52K0.00%+14New
Dogwood Wealth Management LLC15$1.63K0.00%−12−44.4%Reduced
True Wealth Design, LLC15$1.63K0.00%−4−21.1%Reduced
Global Retirement Partners, LLC20$2.17K0.00%+20New
Essential Partners LLC24$2.60K0.00%−30−55.6%Reduced
Rothschild Investment LLC29$3.14K0.00%+4+16.0%Added
Steward Partners Investment Advisory, LLC30$3.25K0.00%+6+25.0%Added
Assetmark, Inc31$3.36K0.00%00.0%Unchanged
MAI Capital Management36$3.90K0.00%+24+200.0%Added
Los Angeles Capital Management LLC45$4.05K0.00%+45New
Quarry LP39$4.23K0.00%−4,961−99.2%Reduced
C M Bidwell & Associates Ltd48$5.20K0.00%+48New
MCF Advisors LLC75$8.14K0.00%+75New
Smartleaf Asset Management LLC77$8.32K0.00%+9+13.2%Added
Nisa Investment Advisors, LLC78$8.46K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co84$9.11K0.00%00.0%Unchanged
Strategic Wealth Partners, Ltd.85$9.21K0.00%00.0%Unchanged
Cornerstone Planning Group LLC77$9.59K0.00%+74+2,466.7%Added
STRS Ohio100$10.8K0.00%00.0%Unchanged
Solstein Capital, LLC100$10.8K0.00%+100New
Farther Finance Advisors, LLC102$11.1K0.00%+9+9.7%Added
CBIZ Investment Advisory Services, LLC154$16.7K0.00%+154New
Harbour Investments, Inc.175$19.0K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC188$20.4K0.00%−37−16.4%Reduced
Sterling Capital Management LLC214$23.2K0.00%+43+25.1%Added
Kemnay Advisory Services Inc.251$27.2K0.00%+251New
Caitong International Asset Management Co., Ltd360$39.0K0.01%+75+26.3%Added
Huntington National Bank389$42.2K0.00%−68−14.9%Reduced
Quest Partners LLC405$43.9K0.00%+114+39.2%Added
SRS Capital Advisors, Inc.415$45.0K0.00%−201−32.6%Reduced
Versant Capital Management, Inc458$49.6K0.01%00.0%Unchanged
Tower Research Capital LLC (TRC)489$53.0K0.00%−571−53.9%Reduced
GAMMA Investing LLC491$53.2K0.00%+123+33.4%Added
First Horizon Corp492$53.3K0.00%+241+96.0%Added
Amalgamated Bank546$59.0K0.00%−41−7.0%Reduced
Covestor Ltd663$72.0K0.04%+93+16.3%Added
Aster Capital Management (DIFC) Ltd707$76.6K0.03%+707New
KBC Group NV948$103.0K0.00%00.0%Unchanged
Sunbelt Securities, Inc.1,017$110.2K0.01%00.0%Unchanged
Comerica Bank1,141$123.7K0.00%+1,002+720.9%Added
Ameritas Investment Partners, Inc.1,430$155.0K0.00%00.0%Unchanged
Belvedere Trading LLC1,695$183.7K0.03%+1,695New
Virtus ETF Advisers LLC1,715$185.9K0.09%−5,100−74.8%Reduced
Advisor Group Holdings, Inc.1,888$204.7K0.00%+98+5.5%Added
Gotham Asset Management, LLC1,891$205.0K0.00%+1,891New
Violich Capital Management, Inc.1,940$210.3K0.02%+1,940New
Engineers Gate Manager LP1,998$216.6K0.00%−16,593−89.3%Reduced
Legacy Financial Advisors, Inc.2,004$217.2K0.03%+2,004New
LPL Financial LLC2,119$229.7K0.00%+2,119New
Bessemer Group Inc2,171$235.0K0.00%+2,171New
Citigroup Inc2,224$241.1K0.00%−1,241−35.8%Reduced
Swiss Life Asset Management Ltd2,266$245.6K0.00%+2,266New
Cornerstone Capital, Inc.2,275$246.6K0.02%+2,275New
M&T Bank Corp2,330$252.9K0.00%−70−2.9%Reduced
CAPROCK Group, Inc.2,492$270.3K0.01%−765−23.5%Reduced
BankChampaign, National Association2,527$273.9K0.27%+2,527New
Mercer Global Advisors Inc2,563$277.8K0.00%+445+21.0%Added
Raymond James Financial Inc2,567$278.3K0.00%−2,203−46.2%Reduced
Pictet Asset Management Holding SA2,687$291.3K0.00%+514+23.7%Added
CWM, LLC2,706$293.0K0.00%+157+6.2%Added
Snowden Capital Advisors LLC2,714$294.3K0.01%+2,714New
Axq Capital, LP2,778$301.1K0.07%+2,778New
First Financial Bank - Trust Division2,780$301.4K0.02%00.0%Unchanged
Dark Forest Capital Management LP2,817$305.4K0.01%+2,817New
Bridgefront Capital, LLC2,848$308.7K0.08%+2,848New
Level Four Advisory Services, LLC2,973$322.3K0.01%−75−2.5%Reduced
Neuberger Berman Group LLC2,982$323.2K0.00%+2,982New
Zurcher Kantonalbank (Zurich Cantonalbank)2,997$324.9K0.00%00.0%Unchanged
Allspring Global Investments Holdings, LLC3,028$333.8K0.00%−7,498−71.2%Reduced
State of Wyoming3,125$338.8K0.04%+2,280+269.8%Added
Voya Investment Management LLC3,131$339.4K0.00%−3,053−49.4%Reduced
ProShare Advisors LLC3,180$344.7K0.00%+253+8.6%Added
Canada Pension Plan Investment Board3,200$346.9K0.00%+3,200New
AdvisorShares Investments LLC3,200$346.9K0.06%+3,200New
Cetera Investment Advisers3,221$349.2K0.00%+3,221New
Aristeia Capital LLC3,255$352.8K0.01%+3,255New
Baird Financial Group, Inc.3,342$362.3K0.00%+869+35.1%Added
Ieq Capital, LLC3,429$371.7K0.00%+3,429New
Prescott General Partners LLC3,500$379.4K0.03%00.0%Unchanged
Jefferies Financial Group Inc.3,662$397.0K0.00%+3,662New
Millennium Management LLC3,749$406.4K0.00%−210,652−98.3%Reduced
Walleye Trading LLC3,843$416.6K0.01%−4,264−52.6%Reduced
BNP Paribas Arbitrage, SA3,913$424.2K0.00%−2,503−39.0%Reduced
Lighthouse Investment Partners, LLC4,070$441.2K0.01%+4,070New
The PNC Financial Services Group, Inc.4,493$487.0K0.00%+486+12.1%Added
TD Asset Management Inc4,498$487.6K0.00%+4,498New
Quadrature Capital Ltd4,577$496.1K0.01%+4,577New
Police & Firemen's Retirement System of New Jersey4,740$513.8K0.00%00.0%Unchanged
Keystone Financial Group4,948$536.3K0.04%+194+4.1%Added
Arizona State Retirement System5,043$546.7K0.00%−254−4.8%Reduced