Philadelphia Financial Management of San Francisco’s Target Hospitality TH Stock Holding History

Philadelphia Financial Management of San Francisco’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
2026 Q1	$15M	Sell	1,616,642 -1,687,782	-51%	-$13.4M	4.34%	3
2025 Q4	$26.5M	Buy	3,304,424 +806,755	+32%	+$6.12M	2.84%	8
2025 Q3	$21.2M	Buy	2,497,669 +486,889	+24%	+$4.01M	2.37%	10
2025 Q2	$14.3M	Buy	2,010,780 +272,064	+16%	+$1.89M	1.68%	24
2025 Q1	$11.4M	Buy	+1,738,716	New	+$14M	2.24%	21
2023 Q2	–	Sell	-869,123	Closed	-$11.4M	–	46
2023 Q1	$11.4M	Buy	+869,123	New	+$13.9M	4.25%	13

Other funds holding TH

PCMF

Private Capital Management (Florida) Naples, Florida $1B AUM 15.98% 1-Year Est. Return

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

RCMNY

Rubric Capital Management (New York) New York $9.44B AUM 68.42% 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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

7WCP

71 West Capital Partners Boston, Massachusetts $2.89B AUM

Philadelphia Financial Management of San Francisco's TH Position: Q1 2026 in Review

Philadelphia Financial Management of San Francisco reduced its Target Hospitality (TH) stake by 51% in Q1 2026, selling an estimated $13.4M and leaving 1,616,642 shares worth $15M. The position accounts for 4.34% of the portfolio, ranked #3.

Philadelphia Financial Management of San Francisco first reported a position in TH in Q1 2023 and has held it in 6 quarters since. The position peaked at $26.5M in Q4 2025. 133 funds tracked by Wall St. Rank hold TH as of Q1 2026.

Philadelphia Financial Management of San Francisco held 1,616,642 shares of Target Hospitality worth $15M as of Q1 2026.
Philadelphia Financial Management of San Francisco sold 1,687,782 Target Hospitality shares in Q1 2026, an estimated $13.4M.
Target Hospitality made up 4.34% of Philadelphia Financial Management of San Francisco's portfolio in Q1 2026, its #3 holding.
Philadelphia Financial Management of San Francisco first reported a position in Target Hospitality in Q1 2023 and has held it in 6 quarters since.
Philadelphia Financial Management of San Francisco's Target Hospitality position peaked at $26.5M in Q4 2025.
133 funds tracked by Wall St. Rank held Target Hospitality as of Q1 2026.

Based on Philadelphia Financial Management of San Francisco's 13F filing for Q1 2026, filed 14 May 2026.