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 |
|---|---|---|---|---|---|
| King Luther Capital Management Corp | 87,049 | $9.44M | 0.04% | 00.0% | Unchanged |
| Algert Global LLC | 90,210 | $9.78M | 0.15% | −29,790−24.8% | Reduced |
| State of Wisconsin Investment Board | 95,646 | $10.4M | 0.02% | −7,978−7.7% | Reduced |
| Riposte Capital LLC | 100,000 | $10.8M | 4.50% | +25,000+33.3% | Added |
| Jane Street Group, LLC | 100,746 | $10.9M | 0.01% | −72,483−41.8% | Reduced |
| Crawford Investment Counsel Inc | 102,107 | $11.1M | 0.18% | −16,633−14.0% | Reduced |
| Oberweis Asset Management Inc | 103,500 | $11.2M | 0.41% | +2,500+2.5% | Added |
| Potrero Capital Research LLC | 106,751 | $11.6M | 3.90% | −25,000−19.0% | Reduced |
| Qube Research & Technologies Ltd | 114,622 | $12.4M | 0.02% | −39,876−25.8% | 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 |
| Goldman Sachs Group Inc | 119,226 | $12.9M | 0.00% | −25,372−17.5% | Reduced |
| Prospect Capital Advisors, LLC | 119,730 | $13.0M | 6.69% | +26,130+27.9% | Added |
| Findell Capital Management LLC | 127,000 | $13.8M | 4.57% | +37,000+41.1% | Added |
| Susquehanna International Group, LLP | 130,806 | $14.2M | 0.02% | +89,957+220.2% | Added |
| Charles Schwab Investment Management Inc | 154,900 | $16.8M | 0.00% | +6,554+4.4% | Added |
| Bank of Montreal | 156,637 | $17.0M | 0.01% | 00.0% | Unchanged |
| Pillsbury Lake Capital LLC | 160,241 | $17.4M | 7.08% | +160,241 | New |
| Apis Capital Advisors, LLC | 164,377 | $17.8M | 3.10% | +106,948+186.2% | Added |
| Northern Trust Corp | 168,464 | $18.3M | 0.00% | +21,557+14.7% | Added |
| Citadel Advisors LLC | 169,219 | $18.3M | 0.01% | +116,214+219.3% | Added |
| Bank of America Corp | 174,270 | $18.9M | 0.00% | +99,571+133.3% | Added |
| Harspring Capital Management, LLC | 181,500 | $19.7M | 7.30% | 00.0% | Unchanged |
| Copeland Capital Management, LLC | 204,188 | $22.1M | 0.49% | +203,505+29,795.8% | Added |
| Price T Rowe Associates Inc | 208,397 | $22.6M | 0.00% | +606+0.3% | Added |
| D. E. Shaw & Co., Inc. | 212,792 | $23.1M | 0.02% | +8,756+4.3% | Added |
| Wellington Management Group LLP | 236,032 | $25.6M | 0.00% | +25,757+12.2% | Added |
| Madison Avenue Partners, LP | 247,723 | $26.9M | 1.15% | +247,723 | New |
| Lord, Abbett & Co. LLC | 262,489 | $28.5M | 0.09% | +262,489 | New |
| Mangrove Partners | 265,205 | $28.7M | 2.34% | +4,214+1.6% | Added |
| American Century Companies Inc | 287,540 | $31.2M | 0.02% | −33,779−10.5% | Reduced |
| Two Sigma Investments, LP | 288,180 | $31.2M | 0.05% | −23,694−7.6% | Reduced |
| State Street Corp | 370,281 | $40.2M | 0.00% | +5,045+1.4% | Added |
| Arrowstreet Capital, Limited Partnership | 377,611 | $40.9M | 0.02% | −64,161−14.5% | Reduced |
| Morgan Stanley | 385,138 | $41.7M | 0.00% | −520,326−57.5% | Reduced |
| Maple Rock Capital Partners Inc. | 399,300 | $43.3M | 1.43% | +170,000+74.1% | Added |
| First Sabrepoint Capital Management LP | 400,000 | $43.4M | 17.83% | 00.0% | Unchanged |
| Dimensional Fund Advisors LP | 462,970 | $50.2M | 0.01% | −2120.0% | Reduced |
| Driehaus Capital Management LLC | 481,834 | $52.2M | 0.35% | +76,790+19.0% | Added |
| T. Rowe Price Investment Management, Inc. | 488,833 | $53.0M | 0.03% | +147,032+43.0% | Added |
| First Trust Advisors LP | 494,262 | $53.6M | 0.04% | +207,604+72.4% | Added |
| Divisadero Street Capital Management, LP | 531,214 | $57.6M | 3.28% | −442,852−45.5% | Reduced |
| FMR LLC | 536,942 | $58.2M | 0.00% | −117,031−17.9% | Reduced |
| Geode Capital Management, LLC | 541,667 | $58.7M | 0.00% | +28,463+5.5% | Added |
| Thrivent Financial for Lutherans | 847,050 | $91.8M | 0.16% | +38,437+4.8% | Added |
| ArrowMark Colorado Holdings LLC | 869,747 | $94.3M | 2.07% | +194,938+28.9% | Added |
| BlackRock, Inc. | 1,445,443 | $156.7M | 0.00% | +57,461+4.1% | Added |
| Vanguard Group Inc | 1,451,394 | $157.3M | 0.00% | +61,311+4.4% | Added |
| G2 Investment Partners Management LLC | 0 | $0 | 0.00% | −111,000−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −91,552−100.0% | Sold out |
| MUFG Securities EMEA plc | 0 | $0 | 0.00% | −85,600−100.0% | Sold out |
| Fund 1 Investments, LLC | 0 | $0 | 0.00% | −39,400−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −35,455−100.0% | Sold out |
| Jupiter Asset Management Ltd | 0 | $0 | 0.00% | −23,649−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −19,314−100.0% | Sold out |
| CSM Advisors, LLC | 0 | $0 | 0.00% | −15,545−100.0% | Sold out |
| Calamos Advisors LLC | 0 | $0 | 0.00% | −8,745−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −7,206−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −6,858−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −4,781−100.0% | Sold out |
| Employees Retirement System of Texas | 0 | $0 | 0.00% | −3,971−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −3,384−100.0% | Sold out |
| EntryPoint Capital, LLC | 0 | $0 | 0.00% | −3,212−100.0% | Sold out |
| Fox Run Management, L.L.C. | 0 | $0 | 0.00% | −2,968−100.0% | Sold out |
| Hilltop Holdings Inc. | 0 | $0 | 0.00% | −2,675−100.0% | Sold out |
| USA Financial Portformulas Corp | 0 | $0 | 0.00% | −814−100.0% | Sold out |
| Sentry Investment Management LLC | 0 | $0 | 0.00% | −555−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −287−100.0% | Sold out |
| Clearstead Advisors, LLC | 0 | $0 | 0.00% | −130−100.0% | Sold out |
| Optiver Holding B.V. | 0 | $0 | 0.00% | −86−100.0% | Sold out |
| JPL Wealth Management, LLC | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| Tortoise Investment Management, LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Wolverine Trading, LLC | – | – | – | – | Not filed |
| Accredited Wealth Management, LLC | – | – | – | – | Not filed |