Vault-13

TURNING PT BRANDS INC TPB 2.5 07.15.24

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

14 institutional holders -1 vs Q2 2023
42,597,00042.6m shares reported held*
$108.8mreported value*
2 new 2 added 1 reduced 3 sold out net sold ≈ $14.2m (-850.0k 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 ≈ $2.55.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 14Q4 22: 15Q1 23: 16Q2 23: 15Q3 23: 1414Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202214
Q4 202215
Q1 202316
Q2 202315
Q3 202314

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 23Q2 23: 6 bought or addedQ2 23: 5 cut or sold outQ2 23Q3 23: 4 bought or addedQ3 23: 4 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202266
Q1 202378
Q2 202365
Q3 202344

Biggest buyers

OAKTREE CAPITAL MANAGEMENT LP Added +2,013,000+2.0m
BANK OF MONTREAL /CAN/ New +1,500,000+1.5m
Strategic Income Management, LLC New +850,000+850.0k
Russell Investments Group, Ltd. Added +487,000+487.0k

Biggest sellers

FMR LLC Reduced -15,000,000-15.0m
Atlas Merchant Capital LLC Sold out -2,500,000-2.5m
MORGAN STANLEY Sold out -1,250,000-1.2m
Strategic Income Management, LLC Sold out -850,000-850.0k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fort Baker Capital Management LP 3.91% of their portfolio Larkspur, CA 41,197,00041.2m $39.8m $39.8m 3.91% Unchanged
2 Davidson Kempner Capital Management LP 0.44% of their portfolio New York, NY 30,000,00030.0m $28.5m $28.5m 0.44% Unchanged
3 FMR LLC 0.00% of their portfolio BOSTON, MA 18,066,00018.1m $17.2m $17.2m 0.00% Reduced -15.0m -15,000,000
4 OAKTREE CAPITAL MANAGEMENT LP 0.14% of their portfolio LOS ANGELES, CA 9,755,0009.8m $9.4m $9.4m 0.14% Added +2.0m +2,013,000
5 DG Capital Management, LLC 2.40% of their portfolio NEW YORK, NY 4,092,0004.1m $3.9m $3.9m 2.40% Unchanged
6 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 2,245,0002.2m $2.2m $2.2m 0.00% Added +487.0k +487,000
7 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,500,0001.5m $1.4m $1.4m 0.00% New
8 MANGROVE PARTNERS IM, LLC 0.10% of their portfolio Greenwich, CT 1,400,0001.4m $1.3m $1.3m 0.10% Unchanged
9 Penn Mutual Asset Management 1.12% of their portfolio Conshohocken, PA 1,250,0001.2m $1.2m $1.2m 1.12% Unchanged
10 Strategic Income Management, LLC 1.55% of their portfolio SEATTLE, WA 850,000850.0k $808.5k $808.5k 1.55% New
11 DCF Advisers, LLC 0.27% of their portfolio MOUNT PLEASANT, SC 400,000400.0k $385.0k $385.0k 0.27% Unchanged
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 300,000300.0k $285.4k $285.4k 0.00% Unchanged
13 Context Capital Management, LLC 0.19% of their portfolio LAJOLLA, CA 2,5002.5k $2.4m $2.4m 0.19% Unchanged
14 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged