Vault-13

TURNING PT BRANDS INC TPB 2.5 07.15.24

NOTE 2.500% 7/1 · US DOMESTIC · CUSIP 90041LAE5

16 institutional holders +1 vs Q4 2022
23,855,00023.9m shares reported held*
$210.1mreported value*
5 new 2 added 3 reduced 5 sold out net bought ≈ $30.9m (+15.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $8.81.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 14Q4 22: 15Q1 23: 1616Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202214
Q4 202215
Q1 202316

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
10010Q4 22: 6 bought or addedQ4 22: 6 cut or sold outQ4 22Q1 23: 7 bought or addedQ1 23: 8 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202266
Q1 202378

Biggest buyers

FMR LLC Added +50,925,000+50.9m
Fort Baker Capital Management LP New +23,855,000+23.9m
OAKTREE CAPITAL MANAGEMENT LP New +5,712,000+5.7m
Davidson Kempner Capital Management LP Added +5,000,000+5.0m
Atlas Merchant Capital LLC New +2,500,000+2.5m
Russell Investments Group, Ltd. New +1,288,000+1.3m
Strategic Income Management, LLC New +850,000+850.0k

Biggest sellers

Shaolin Capital Management LLC Sold out -19,730,000-19.7m
Walleye Capital LLC Sold out -13,900,000-13.9m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -12,100,000-12.1m
Strategic Income Management, LLC Sold out -8,500,000-8.5m
COWEN AND COMPANY, LLC Sold out -1,200,000-1.2m
MORGAN STANLEY Reduced -997,000-997.0k
DCF Advisers, LLC Sold out -500,000-500.0k
DG Capital Management, LLC Reduced -225,000-225.0k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.00% of their portfolio BOSTON, MA 99,250,00099.2m $93.1m $93.1m 0.00% Added +50.9m +50,925,000
2 DAVIDSON KEMPNER PARTNERS 0.70% of their portfolio New York, NY 30,000,00030.0m $28.2m $28.2m 0.70% First filing
3 Davidson Kempner Capital Management LP 0.59% of their portfolio New York, NY 30,000,00030.0m $28.2m $28.2m 0.59% Added +5.0m +5,000,000
4 Fort Baker Capital Management LP 4.86% of their portfolio Larkspur, CA 23,855,00023.9m $22.5m $22.5m 4.86% New
5 CAMDEN ASSET MANAGEMENT L P /CA 0.59% of their portfolio Los Angeles, CA 18,692,00018.7m $17.5m $17.5m 0.59% Reduced -12.1m -12,100,000
6 OAKTREE CAPITAL MANAGEMENT LP 0.06% of their portfolio LOS ANGELES, CA 5,712,0005.7m $5.4m $5.4m 0.06% New
7 DG Capital Management, LLC 2.52% of their portfolio NEW YORK, NY 4,712,0004.7m $4.4m $4.4m 2.52% Reduced -225.0k -225,000
8 Atlas Merchant Capital LLC 0.41% of their portfolio New York, NY 2,500,0002.5m $2.4m $2.4m 0.41% New
9 MANGROVE PARTNERS IM, LLC 0.09% of their portfolio Greenwich, CT 1,400,0001.4m $1.3m $1.3m 0.09% Unchanged
10 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,288,0001.3m $1.2m $1.2m 0.00% New
11 Penn Mutual Asset Management 1.12% of their portfolio Conshohocken, PA 1,250,0001.2m $1.2m $1.2m 1.12% Unchanged
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,250,0001.2m $1.2m $1.2m 0.00% Reduced -997.0k -997,000
13 Strategic Income Management, LLC 0.84% of their portfolio SEATTLE, WA 850,000850.0k $797.6k $797.6k 0.84% New
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 300,000300.0k $281.5k $281.5k 0.00% Unchanged
15 Context Capital Management, LLC 0.20% of their portfolio LAJOLLA, CA 2,5002.5k $2.4m $2.4m 0.20% Unchanged
16 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged