Why This Fund Trimmed $4 Million of Turning Point Brands Despite Surging Oral Nicotine Sales
Key takeaways
- Jonathan Ponciano, The Motley Fool Sun, May 10, 2026 at 10:06 PM GMT+7 4 min read TPB NVDA FIX STRL LRCX Crown Advisors Management, Inc.
- According to a filing with the Securities and Exchange Commission dated May 7, 2026, Crown Advisors Management, Inc. sold 35,000 shares of Turning Point Brands in the first quarter.
- This reduction leaves TPB at 0.86% of the fund s 13F assets as of March 31, 2026.
Jonathan Ponciano, The Motley Fool Sun, May 10, 2026 at 10:06 PM GMT+7 4 min read TPB NVDA FIX STRL LRCX Crown Advisors Management, Inc. reduced its stake in Turning Point Brands (NYSE:TPB) by 35,000 shares in the first quarter, an estimated $3.90 million trade based on quarterly average pricing, according to its May 7, 2026, SEC filing.
According to a filing with the Securities and Exchange Commission dated May 7, 2026, Crown Advisors Management, Inc. sold 35,000 shares of Turning Point Brands in the first quarter. The transaction s estimated value was $3.90 million, based on the average closing price for the quarter. The holding s value at quarter-end fell by $4.12 million, a figure that includes both the share sale and underlying price changes.
This reduction leaves TPB at 0.86% of the fund s 13F assets as of March 31, 2026.