Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Turtle Beach Corp (TBCH)

110 + Investors. Track Smart Money conviction in TBCH. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
52%

Smart Money Signals — TBCH

Based on 114 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TBCH than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 88% of 3.0Y peak

88% of all-time peak
114 funds currently hold this stock — 88% of the 3.0-year high of 129 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+4 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

65 buying59 selling
Last quarter: 65 funds bought or added vs 59 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new TBCH position: 19 → 18 → 14 → 20. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 26% medium ■ 16% new
66 out of 114 hedge funds have held TBCH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +34% but shares only +9% — price-driven

Value
+34%
Shares
+9%
Last quarter: the total dollar value of institutional holdings rose +34%, but actual share count only changed +9%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~20 new funds/quarter

21 → 19 → 18 → 14 → 20 new funds/Q
New funds entering each quarter: 19 → 18 → 14 → 20. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 65% veterans vs 20% newcomers

■ 65% veterans ■ 15% 1-2yr ■ 20% new
Entry-cohort mix of 121 holders: 79 (65%) are 2+ year veterans, 18 entered 1–2 years ago, and 24 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
36 of 110 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in TBCH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TBCH

In 2026 Q2, 65 hedge funds were net buyers of TBCH (20 opened a new position, 45 added to an existing one), while 59 reduced or exited (41 trimmed, 18 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 45% of total institutional value in TBCH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 114.

Hedge Fund Ownership: TBCH

How many hedge funds hold TBCH — quarterly history vs. share price
Quarterly hedge fund ownership of TBCH vs. share price

Market Analysis: TBCH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TBCH

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 2 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: TBCH
110 + Investors

Track Smart Money conviction in TBCH. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 110 112 -1.79%
13F Shares 14M 13M 9.08%
Total Value $175M $130M 34.43%
New Positions 20 14 +6
Increased Positions 43 35 +8
Closed Positions 18 19 -1
Reduced Positions 37 43 -6
Total Calls 8 5 60.0%
Total Puts 3 4 -25.0%
PUT/CALL Ratio 0.38 0.8 Bullish

Statistics: TBCH

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Financial Highlights

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Institutional Holders (2026 Q2)

110 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TBCH. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TBCH holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Windward Management LP 6.08% 1,607,989 $20.0M
2 Garnet Equity Capital Holdings, INC. 3.54% 1,506,759 $18.8M
3 Prentice Capital Management, LP 2.69% 114,293 $1.4M
4 Windward Management LP 1.32% 350,000 $4.4M
5 CDC Financial, Inc. 1.23% 236,852 $2.9M
6 Pullen Investment Management, LLC 0.93% 160,568 $2.0M
7 CDC Financial, Inc. 0.78% 150,000 $1.9M
8 Shay Capital LLC 0.64% 794,311 $9.9M
9 Formula Growth Ltd 0.58% 131,426 $1.6M
10 Pinnacle Holdings, LLC 0.25% 64,061 $798K
11 MYDA Advisors LLC 0.19% 100,000 $1.2M
12 22nw, LP 0.17% 14,430 $180K
13 North Star Investment Management Corp. 0.14% 207,000 $2.6M
14 Scoggin Management LP 0.13% 100,000 $1.2M
15 Globeflex Capital L P 0.08% 47,911 $596K
16 Atom Investors LP 0.04% 38,944 $485K
17 Linden Thomas Advisory Services, LLC 0.02% 23,893 $297K
18 Axq Capital, LP 0.02% 16,944 $211K
19 State of Wyoming 0.02% 18,038 $225K
20 Bridgeway Capital Management, LLC 0.02% 79,042 $984K
21 Martingale Asset Management L P 0.01% 45,099 $561K
22 Caption Management, LLC 0.01% 219,040 $2.7M
23 XTX Topco Ltd 0.01% 75,806 $944K
24 Caption Management, LLC 0.01% 193,600 $2.4M
25 Jefferies Financial Group Inc. 0.01% 114,240 $1.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Turtle Beach Corp (TBCH)

What does the Smart Money Trend signal show for TBCH?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TBCH than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TBCH?

Slight buying edge — 52% buying: Last quarter: 65 funds bought or added vs 59 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TBCH holders?

Elite ownership — 45% AUM from top-100 funds: 36 of 110 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in TBCH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TBCH?

58% of holders stayed for 2+ years: 66 out of 114 hedge funds have held TBCH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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