TPB Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own TPB shares is 231, representing 82.75% of the company's common stock.

ARROWMARK COLORADO HOLDINGS LLC, in the last quarter, reduced its stake in TPB by -3.75% restricting it's holding to 1.18 million shares of worth nearly $34.51M. BANK OF NEW YORK MELLON CORP also lessened -2.56% of the TPB shares from its portfolio, reducing its holding to 128.34 thousand shares of worth $3.76M. NUVEEN ASSET MANAGEMENT, LLC also shunned TPB shares holding by -17.31% last quarter which brought its holding to 38.17 thousand shares worth $1.12M.

As per its latest 13F filing, INVESCO LTD. increased its stake in TPB by 4.59% in the last quarter. The institutional holder raised its holding to 49.41 thousand shares having worth more than $1.45M. CITIGROUP INC also added 38.57% more shares of TPB to its portfolio, raising its holding to 37.44 thousand shares of worth $1.10M. ELEQUIN SECURITIES, LLC also increased its TPB shares holding by 100% which brought its holding to 34.77 thousand shares worth $1.02M.

The insider with the most stakes in TPB is STANDARD DIVERSIFIED INC. , 10 percent owner at the company. Additionally, TPB stock is highly held by Former 10% Owner Standard General L.P. and Kim Soohyung among others.

Company executives, directors, and other insiders own 4.55% percent of Turning Point Brands, Inc.'s stock. Within the last six months, there have been 2 transaction(s) in which TPB insiders have sold stock, totaling 7.68K shares. Insiders that have sold shares include BAXTER GREGORY H.A., WEXLER LAWRENCE, and USHER STEPHEN.

There have been 0 transaction(s) during the past 6-months in which Turning Point Brands, Inc. insiders have bought stock, totalling 0 shares

Around 87.41K Turning Point Brands, Inc. shares are held by insiders, which represents about 4.55% of TPB stock.

TPB 10 percent owner, STANDARD DIVERSIFIED INC. holds the largest portfolio of the company's shares. TPB shares owned by STANDARD total nearly 8.18 million.

ARROWMARK COLORADO HOLDINGS LLC is the largest institutional owner in TPB which holds 1.18 million shares worth $34.51M or 6.69% of the total TPB shares outstanding followed by BANK OF NEW YORK MELLON CORP with ownership of 128.34 thousand shares representing 0.73% of the TPB ownership. PARTHENON LLC is the third largest stakeholder with 51.77 thousand shares or 0.29% of the ownership worth more than $1.52M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the TPB is concerned, it is a stock which is optionable.

Number of TPB shares short is 362.91K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 17.72M shares of TPB are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, TPB has 16.50M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for TPB is 1.7.