Joel Greenblatt’s Target Hospitality TH Stock Holding History

Joel Greenblatt’s Portfolio TH Stock Details TH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-16,935	Closed	-$144K	–	1821
2025 Q3	$144K	Sell	16,935 -4,857	-22%	-$40K	﹤0.01%	1638
2025 Q2	$155K	Buy	+21,792	New	+$151K	﹤0.01%	1595
2025 Q1	–	Sell	-17,201	Closed	-$166K	–	1659
2024 Q4	$166K	Sell	17,201 -607	-3%	-$5.08K	﹤0.01%	1385
2024 Q3	$139K	Sell	17,808 -2,701	-13%	-$25.2K	﹤0.01%	1361
2024 Q2	$179K	Sell	20,509 -26,980	-57%	-$282K	﹤0.01%	1347
2024 Q1	$516K	Buy	47,489 +27,731	+140%	+$260K	0.01%	1038
2023 Q4	$192K	Sell	19,758 -7,321	-27%	-$90.5K	﹤0.01%	1258
2023 Q3	$430K	Buy	27,079 +14,579	+117%	+$206K	0.01%	999
2023 Q2	$168K	Buy	+12,500	New	+$173K	﹤0.01%	1246

Other funds holding TH

PCMF

Private Capital Management (Florida) Naples, Florida $1.14B AUM 34.86% 1-Year Est. Return

PFMOSF

Philadelphia Financial Management of San Francisco San Francisco, California $496M AUM 39.04% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

RCMNY

Rubric Capital Management (New York) New York $10.9B AUM 70.31% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $103B AUM 28.65% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Joel Greenblatt's TH Position: Q4 2025 in Review

Joel Greenblatt sold out of Target Hospitality (TH) in Q4 2025, closing a stake of 16,935 shares — an estimated $144K sold.

Joel Greenblatt first reported a position in TH in Q2 2023 and held it in 9 quarters. The position peaked at $516K in Q1 2024. 137 funds tracked by Wall St. Rank hold TH as of Q4 2025.

Joel Greenblatt reported no remaining Target Hospitality position as of Q4 2025 after selling out during the quarter.
Joel Greenblatt sold 16,935 Target Hospitality shares in Q4 2025, an estimated $144K.
Joel Greenblatt first reported a position in Target Hospitality in Q2 2023 and held it in 9 quarters.
Joel Greenblatt's Target Hospitality position peaked at $516K in Q1 2024.
137 funds tracked by Wall St. Rank held Target Hospitality as of Q4 2025.

Based on Gotham Asset Management's 13F filing for Q4 2025, filed 17 Feb 2026.