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 |
|---|---|---|---|---|---|
| Martingale Asset Management L P | 21,626 | $2.34M | 0.06% | −1,195−5.2% | Reduced |
| Man Group plc | 21,348 | $2.31M | 0.00% | +4,700+28.2% | Added |
| Teachers Retirement System of the State of Kentucky | 20,476 | $2.22M | 0.02% | −2,085−9.2% | Reduced |
| SG Capital Management LLC | 20,281 | $2.20M | 0.24% | +20,281 | New |
| GatePass Capital, LLC | 20,000 | $2.17M | 1.12% | +8,677+76.6% | Added |
| Capelight Capital Asset Management LP | 18,000 | $1.95M | 1.93% | +18,000 | New |
| Marathon Partners Equity Management, LLC | 17,500 | $1.90M | 1.89% | −7,500−30.0% | Reduced |
| Prudential Financial Inc | 17,040 | $1.85M | 0.00% | +6,320+59.0% | Added |
| Legal & General Group Plc | 16,131 | $1.75M | 0.00% | −2,489−13.4% | Reduced |
| Alliancebernstein L.P. | 15,910 | $1.72M | 0.00% | −2,985−15.8% | Reduced |
| PEAK6 LLC | 15,631 | $1.69M | 0.05% | −3,209−17.0% | Reduced |
| Quantinno Capital Management LP | 13,944 | $1.51M | 0.00% | +460+3.4% | Added |
| Deutsche Bank AG | 13,894 | $1.51M | 0.00% | −15,275−52.4% | Reduced |
| Royal Bank of Canada | 13,568 | $1.47M | 0.00% | +13,345+5,984.3% | Added |
| Capitolis Liquid Global Markets LLC | 13,111 | $1.42M | 0.01% | −295,281−95.7% | Reduced |
| Beacon Pointe Advisors, LLC | 12,640 | $1.37M | 0.01% | +485+4.0% | Added |
| Capital Fund Management S.A. | 12,637 | $1.37M | 0.01% | +12,637 | New |
| State Board of Administration of Florida Retirement System | 12,009 | $1.30M | 0.00% | 00.0% | Unchanged |
| Linden Thomas Advisory Services, LLC | 12,001 | $1.30M | 0.13% | +499+4.3% | Added |
| Group One Trading, L.P. | 11,885 | $1.29M | 0.04% | −5,748−32.6% | Reduced |
| Aquatic Capital Management LLC | 11,581 | $1.26M | 0.04% | −25,149−68.5% | Reduced |
| Russell Investments Group, Ltd. | 11,559 | $1.25M | 0.00% | −19,186−62.4% | Reduced |
| CenterBook Partners LP | 11,371 | $1.23M | 0.06% | +11,371 | New |
| SG Americas Securities, LLC | 11,210 | $1.22M | 0.00% | −19,605−63.6% | Reduced |
| Cambria Investment Management, L.P. | 10,624 | $1.15M | 0.07% | +1,996+23.1% | Added |
| Intech Investment Management LLC | 10,139 | $1.10M | 0.01% | 00.0% | Unchanged |
| Baader Bank INC | 10,006 | $1.08M | 0.09% | −31−0.3% | Reduced |
| Verition Fund Management LLC | 10,000 | $1.08M | 0.01% | −1,435−12.5% | Reduced |
| MetLife Investment Management | 9,510 | $1.03M | 0.00% | −469−4.7% | Reduced |
| Anderson Hoagland & Co | 9,300 | $1.01M | 0.09% | +9,300 | New |
| Sierra Summit Advisors LLC | 9,053 | $981.3K | 0.15% | +9,053 | New |
| Standard General L.P. | 8,796 | $953.5K | 0.17% | 00.0% | Unchanged |
| Boston Partners | 8,693 | $942.3K | 0.00% | −5,019−36.6% | Reduced |
| Manufacturers Life Insurance Company, The | 8,502 | $921.6K | 0.00% | +6+0.1% | Added |
| Brevan Howard Capital Management LP | 8,396 | $910.1K | 0.02% | −7,040−45.6% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 8,050 | $872.6K | 0.00% | +100+1.3% | Added |
| Janus Henderson Group PLC | 7,872 | $854.0K | 0.00% | 00.0% | Unchanged |
| Graham Capital Management, L.P. | 7,501 | $813.1K | 0.03% | +2,341+45.4% | Added |
| DCF Advisers, LLC | 7,000 | $758.8K | 0.25% | 00.0% | Unchanged |
| Mackay Shields LLC | 6,802 | $737.3K | 0.03% | 00.0% | Unchanged |
| State of Alaska, Department of Revenue | 6,792 | $736.0K | 0.01% | +6,041+804.4% | Added |
| US Bancorp | 6,653 | $721.2K | 0.00% | +6,600+12,452.8% | Added |
| Picton Mahoney Asset Management | 6,310 | $684.0K | 0.01% | +6,310 | New |
| IFP Advisors, Inc | 5,989 | $649.2K | 0.01% | +20.0% | Added |
| Stratos Wealth Partners, LTD. | 5,894 | $639.0K | 0.01% | +2,861+94.3% | Added |
| Ameriprise Financial Inc | 5,775 | $626.0K | 0.00% | +5,775 | New |
| New York State Common Retirement Fund | 5,400 | $585.4K | 0.00% | −1,000−15.6% | Reduced |
| Marshall Wace, LLP | 5,222 | $566.1K | 0.00% | −2,455−32.0% | Reduced |
| Arizona State Retirement System | 5,043 | $546.7K | 0.00% | −254−4.8% | Reduced |
| Keystone Financial Group | 4,948 | $536.3K | 0.04% | +194+4.1% | Added |
| Police & Firemen's Retirement System of New Jersey | 4,740 | $513.8K | 0.00% | 00.0% | Unchanged |
| Quadrature Capital Ltd | 4,577 | $496.1K | 0.01% | +4,577 | New |
| TD Asset Management Inc | 4,498 | $487.6K | 0.00% | +4,498 | New |
| The PNC Financial Services Group, Inc. | 4,493 | $487.0K | 0.00% | +486+12.1% | Added |
| Lighthouse Investment Partners, LLC | 4,070 | $441.2K | 0.01% | +4,070 | New |
| BNP Paribas Arbitrage, SA | 3,913 | $424.2K | 0.00% | −2,503−39.0% | Reduced |
| Walleye Trading LLC | 3,843 | $416.6K | 0.01% | −4,264−52.6% | Reduced |
| Millennium Management LLC | 3,749 | $406.4K | 0.00% | −210,652−98.3% | Reduced |
| Jefferies Financial Group Inc. | 3,662 | $397.0K | 0.00% | +3,662 | New |
| Prescott General Partners LLC | 3,500 | $379.4K | 0.03% | 00.0% | Unchanged |
| Ieq Capital, LLC | 3,429 | $371.7K | 0.00% | +3,429 | New |
| Baird Financial Group, Inc. | 3,342 | $362.3K | 0.00% | +869+35.1% | Added |
| Aristeia Capital LLC | 3,255 | $352.8K | 0.01% | +3,255 | New |
| Cetera Investment Advisers | 3,221 | $349.2K | 0.00% | +3,221 | New |
| Canada Pension Plan Investment Board | 3,200 | $346.9K | 0.00% | +3,200 | New |
| AdvisorShares Investments LLC | 3,200 | $346.9K | 0.06% | +3,200 | New |
| ProShare Advisors LLC | 3,180 | $344.7K | 0.00% | +253+8.6% | Added |
| Voya Investment Management LLC | 3,131 | $339.4K | 0.00% | −3,053−49.4% | Reduced |
| State of Wyoming | 3,125 | $338.8K | 0.04% | +2,280+269.8% | Added |
| Allspring Global Investments Holdings, LLC | 3,028 | $333.8K | 0.00% | −7,498−71.2% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 2,997 | $324.9K | 0.00% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 2,982 | $323.2K | 0.00% | +2,982 | New |
| Level Four Advisory Services, LLC | 2,973 | $322.3K | 0.01% | −75−2.5% | Reduced |
| Bridgefront Capital, LLC | 2,848 | $308.7K | 0.08% | +2,848 | New |
| Dark Forest Capital Management LP | 2,817 | $305.4K | 0.01% | +2,817 | New |
| First Financial Bank - Trust Division | 2,780 | $301.4K | 0.02% | 00.0% | Unchanged |
| Axq Capital, LP | 2,778 | $301.1K | 0.07% | +2,778 | New |
| Snowden Capital Advisors LLC | 2,714 | $294.3K | 0.01% | +2,714 | New |
| CWM, LLC | 2,706 | $293.0K | 0.00% | +157+6.2% | Added |
| Pictet Asset Management Holding SA | 2,687 | $291.3K | 0.00% | +514+23.7% | Added |
| Raymond James Financial Inc | 2,567 | $278.3K | 0.00% | −2,203−46.2% | Reduced |
| Mercer Global Advisors Inc | 2,563 | $277.8K | 0.00% | +445+21.0% | Added |
| BankChampaign, National Association | 2,527 | $273.9K | 0.27% | +2,527 | New |
| CAPROCK Group, Inc. | 2,492 | $270.3K | 0.01% | −765−23.5% | Reduced |
| M&T Bank Corp | 2,330 | $252.9K | 0.00% | −70−2.9% | Reduced |
| Cornerstone Capital, Inc. | 2,275 | $246.6K | 0.02% | +2,275 | New |
| Swiss Life Asset Management Ltd | 2,266 | $245.6K | 0.00% | +2,266 | New |
| Citigroup Inc | 2,224 | $241.1K | 0.00% | −1,241−35.8% | Reduced |
| Bessemer Group Inc | 2,171 | $235.0K | 0.00% | +2,171 | New |
| LPL Financial LLC | 2,119 | $229.7K | 0.00% | +2,119 | New |
| Legacy Financial Advisors, Inc. | 2,004 | $217.2K | 0.03% | +2,004 | New |
| Engineers Gate Manager LP | 1,998 | $216.6K | 0.00% | −16,593−89.3% | Reduced |
| Violich Capital Management, Inc. | 1,940 | $210.3K | 0.02% | +1,940 | New |
| Gotham Asset Management, LLC | 1,891 | $205.0K | 0.00% | +1,891 | New |
| Advisor Group Holdings, Inc. | 1,888 | $204.7K | 0.00% | +98+5.5% | Added |
| Virtus ETF Advisers LLC | 1,715 | $185.9K | 0.09% | −5,100−74.8% | Reduced |
| Belvedere Trading LLC | 1,695 | $183.7K | 0.03% | +1,695 | New |
| Ameritas Investment Partners, Inc. | 1,430 | $155.0K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 1,141 | $123.7K | 0.00% | +1,002+720.9% | Added |
| Sunbelt Securities, Inc. | 1,017 | $110.2K | 0.01% | 00.0% | Unchanged |