TURTLE BEACH CORP TBCH
COM NEW · Common Stock · CUSIP 900450206
American gaming accessory manufacturer
- SectorTechnology
- IndustryCommunications Equipment, NEC
- HeadquartersSan Diego, CA
- Founded1975
- Websiteturtlebeach.com
- FilingsSEC EDGAR
* 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 ($354.3k this quarter). Holder counts are more reliable. Shares outstanding: 17.9m as of 2026-07-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.44. Options: 11 managers hold calls ($17.6m notional), 6 hold puts ($2.2m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 112 |
| Q4 2022 | 102 |
| Q1 2023 | 99 |
| Q2 2023 | 122 |
| Q3 2023 | 106 |
| Q4 2023 | 114 |
| Q1 2024 | 128 |
| Q2 2024 | 128 |
| Q3 2024 | 114 |
| Q4 2024 | 114 |
| Q1 2025 | 103 |
| Q2 2025 | 109 |
| Q3 2025 | 119 |
| Q4 2025 | 117 |
| Q1 2026 | 111 |
| Q2 2026 | 111 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 50 | 70 |
| Q4 2024 | 59 | 58 |
| Q1 2025 | 46 | 65 |
| Q2 2025 | 58 | 53 |
| Q3 2025 | 63 | 39 |
| Q4 2025 | 53 | 53 |
| Q1 2026 | 41 | 64 |
| Q2 2026 | 58 | 51 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $12.5m | $24.2m | 1.94 |
| Q4 2025 | $2.9m | $8.4m | 2.91 |
| Q1 2026 | $7.8m | $1.7m | 0.21 |
| Q2 2026 | $17.6m | $2.2m | 0.12 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | New | +492.2k |
| Shay Capital LLC | Added | +153.7k |
| Jefferies Financial Group Inc. | New | +114.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +106.8k |
| Caption Management, LLC | Added | +92.5k |
| DIMENSIONAL FUND ADVISORS LP | Added | +90.0k |
| D. E. Shaw & Co., Inc. | Added | +87.9k |
| CDC Financial, Inc. | Added | +82.9k |
| FORMULA GROWTH LTD | Added | +76.4k |
| XTX Topco Ltd | Added | +63.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -259.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -183.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -149.8k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -84.0k |
| JANE STREET GROUP, LLC | Reduced | -71.4k |
| LSV ASSET MANAGEMENT | Reduced | -56.7k |
| Trexquant Investment LP | Sold out | -47.1k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -46.5k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -37.2k |
| MARSHALL WACE, LLP | Reduced | -33.9k |
Biggest calls
| Windward Management LP | Added | $4.4m350.0k shares |
| GROUP ONE TRADING LLC | Added | $2.9m233.6k shares |
| Caption Management, LLC | Reduced | $2.4m193.6k shares |
| CDC Financial, Inc. | New | $1.9m150.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.4m108.7k shares |
| SCOGGIN MANAGEMENT LP | New | $1.2m100.0k shares |
| MYDA Advisors LLC | New | $1.2m100.0k shares |
| JANE STREET GROUP, LLC | New | $1.0m82.2k shares |
| CITADEL ADVISORS LLC | Reduced | $639.9k51.4k shares |
| IMC-Chicago, LLC | Added | $407.1k32.7k shares |
Biggest puts
| Caption Management, LLC | Added | $1.0m84.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $752.0k60.4k shares |
| IMC-Chicago, LLC | New | $277.6k22.3k shares |
| Walleye Capital LLC | Added | $77.2k6.2k shares |
| GROUP ONE TRADING LLC | Unchanged | $18.7k1.5k shares |
| SIMPLEX TRADING, LLC | Unchanged | $12.4k1.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Rabil Albert 13G · passive investor +3.4 pts · filed 2026-10-28 | 9.6% |
| Windward Management LP 13G · passive investor +2.9 pts · filed 2025-05-13 | 8.4% |
| GARNET EQUITY CAPITAL HOLDINGS, INC. 13G · passive investor -0.5 pts · filed 2025-08-14 | 8.2% |
| 22NW, LP 13G · passive investor new · filed 2026-09-02 | 7.3% |
| MORGAN STANLEY 13G · institution new · filed 2026-05-12 | 5.9% |
Fell to 5% or below in the last year: DC VGA LLC (3.8%, 2026-08-27), Hoak Public Equities, LP (4.6%, 2026-08-11), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 1 | $44.6k | 1 | $83.1k | $83.1k |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 1 | $10.0m | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $232.4k | — |
| Q2 2026 | 0 | — | 1 | $116.2k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-12 | Diversis Capital Partners I, L.P. +5 10% owner | Sold | $73.7k5.7k shares |
| 2026-08-11 | Diversis Capital Partners I, L.P. +5 10% owner | Sold | $1.8m140.0k shares |
| 2026-08-10 | Diversis Capital Partners I, L.P. +5 10% owner | Sold | $1.8m140.0k shares |
| 2026-05-29 | Scherping Katherine Lee Director | Sold | $26.5k2.0k shares |
| 2026-05-27 | Scherping Katherine Lee Director | Sold | $89.7k6.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Windward Management LP 14.54% of their portfolio | 1.6m $20.0m | Unchanged |
| GARNET EQUITY CAPITAL HOLDINGS, INC. 8.40% of their portfolio | 1.5m $18.8m | Reduced -7.2k |
| BlackRock, Inc. 0.00% of their portfolio | 1.2m $14.6m | Added +20.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $14.6m | Reduced -7.2k |
| Shay Capital LLC 1.09% of their portfolio | 794.3k $9.9m | Added +153.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 613.3k $7.6m | Reduced -37.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 527.9k $6.6m | Added +90.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 514.6k $6.4m | Reduced -149.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 492.2k $6.1m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 394.5k $4.9m | Added +21.4k |
| STATE STREET CORP 0.00% of their portfolio | 344.4k $4.3m | Added +630 |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 336.9k $4.2m | Reduced -56.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 278.6k $3.5m | Added +87.9k |
| CDC Financial, Inc. 2.27% of their portfolio | 236.9k $2.9m | Added +82.9k |
| Caption Management, LLC 0.10% of their portfolio | 219.0k $2.7m | Added +92.5k |
| North Star Investment Management Corp. 0.14% of their portfolio | 207.0k $2.6m | Reduced -144 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 182.8k $2.3m | Added +106.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 161.7k $2.0m | Added +5.1k |
| Pullen Investment Management, LLC 0.93% of their portfolio | 160.6k $2.0m | Added +1.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 151.9k $1.9m | Reduced -71.4k |
| FORMULA GROWTH LTD 0.58% of their portfolio | 131.4k $1.6m | Added +76.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 119.0k $1.5m | Reduced -183.0k |
| Prentice Capital Management, LP 2.78% of their portfolio | 114.3k $1.4m | Added +1.5k |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 114.2k $1.4m | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 110.2k $1.4m | Reduced -25.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 94.9k $1.2m | Added +3.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 81.0k $1.0m | Reduced -46.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 79.0k $984.1k | Reduced -9.7k |
| XTX Topco Ltd 0.01% of their portfolio | 75.8k $943.8k | Added +63.5k |
| UBS Group AG 0.00% of their portfolio | 73.4k $914.1k | Added +43.7k |
| Pinnacle Holdings, LLC 0.25% of their portfolio | 64.1k $797.6k | Reduced -374 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 59.5k $740.6k | Added +3.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 56.6k $705.0k | Added +4.8k |
| Squarepoint Ops LLC 0.00% of their portfolio | 50.6k $629.8k | Reduced -6.5k |
| Invesco Ltd. 0.00% of their portfolio | 49.4k $615.0k | Reduced -2.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 49.0k $610.0k | Added +4.8k |
| GLOBEFLEX CAPITAL L P 0.08% of their portfolio | 47.9k $596.5k | Reduced -8.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 46.8k $582.9k | Added +3.0k |
| Nuveen, LLC 0.00% of their portfolio | 46.8k $582.1k | Added +17.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 46.1k $573.6k | Added +8.2k |
| MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio | 45.1k $561.5k | Added +15 |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 45.0k $559.8k | New |
| Atom Investors LP 0.04% of their portfolio | 38.9k $484.9k | Added +1.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 37.3k $463.9k | Added +808 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 31.9k $397.0k | Added +68 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 31.6k $320.6k | Added +6.7k |
| IMC-Chicago, LLC 0.00% of their portfolio | 28.4k $353.8k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 26.3k $327.3k | Added +4.2k |
| Empowered Funds, LLC 0.00% of their portfolio | 26.0k $324.2k | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 25.9k $323.0k | Reduced -8.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 25.5k $317.7k | Reduced -4.7k |
| Linden Thomas Advisory Services, LLC 0.02% of their portfolio | 23.9k $297.5k | Reduced -191 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 23.5k $293.0k | Reduced -9.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 19.7k $245.8k | Reduced -33.0k |
| State of Wyoming 0.02% of their portfolio | 18.0k $224.6k | New |
| AXQ CAPITAL, LP 0.02% of their portfolio | 16.9k $211.0k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 16.6k $206.7k | Reduced -33.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 14.4k $179.9k | Added +239 |
| 22NW, LP 0.17% of their portfolio | 14.4k $179.7k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 13.3k $165.5k | Added +7.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 12.9k $160.6k | Unchanged |
| HENNESSY ADVISORS INC 0.00% of their portfolio | 12.1k $150.1k | New |
| CITIGROUP INC 0.00% of their portfolio | 11.5k $142.6k | Added +5.0k |
| WINTON GROUP Ltd 0.00% of their portfolio | 11.3k $140.8k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 8.5k $106.3k | Added +3.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 7.4k $90.7k | Reduced -259.4k |
| FMR LLC 0.00% of their portfolio | 6.9k $85.7k | Reduced -1.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 6.7k $83.9k | Added +4.0k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 6.6k $81.8k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.8k $72.7k | Unchanged |
| Westside Investment Management, Inc. 0.01% of their portfolio | 4.9k $61.0k | Reduced -600 |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 3.9k $49.1k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 3.0k $37.4k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.2k $27.3k | Reduced -84.0k |
| BARCLAYS PLC 0.00% of their portfolio | 1.9k $24.2k | Reduced -487 |
| OAKWORTH CAPITAL, INC. 0.00% of their portfolio | 1.7k $20.6k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.4k $17.9k | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.3k $16.7k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.2k $14.8k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 1.1k $13.5k | Added +922 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.0k $12.8k | Reduced -142 |
| GAMMA Investing LLC 0.00% of their portfolio | 765 $9.5k | Added +81 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 721 $9.0k | Added +602 |
| CoreCap Advisors, LLC 0.00% of their portfolio | 711 $8.9k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 692 $8.6k | Added +393 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 677 $8.4k | Added +644 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 645 $8.0k | Reduced -959 |
| BFSG, LLC 0.00% of their portfolio | 600 $7.5k | Unchanged |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 466 $5.7k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 400 $4.9k | Added +377 |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.00% of their portfolio | 368 $4.6k | New |
| Sterling Capital Management LLC 0.00% of their portfolio | 302 $3.8k | Added +68 |
| Versant Capital Management, Inc 0.00% of their portfolio | 302 $3.8k | Reduced -1.0k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 291 $3.6k | New |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 289 $3.6k | Reduced -180 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 253 $3.1k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 206 $2.6k | Reduced -648 |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 160 $2.0k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 112 $1.4k | Reduced -18 |
| Essential Partners LLC 0.00% of their portfolio | 106 $1.3k | Reduced -110 |