State of Wisconsin Investment Board’s Target Hospitality TH Stock Holding History

State of Wisconsin Investment Board’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	-13,917	Closed	-$118K	–	2553
2025 Q3	$118K	Buy	+13,917	New	+$115K	﹤0.01%	2312
2024 Q4	–	Sell	-16,927	Closed	-$132K	–	2372
2024 Q3	$132K	Sell	16,927 -32,541	-66%	-$304K	﹤0.01%	2196
2024 Q2	$431K	Buy	+49,468	New	+$516K	﹤0.01%	1897
2023 Q3	–	Sell	-21,887	Closed	-$294K	–	2587
2023 Q2	$294K	Buy	21,887 +10,411	+91%	+$144K	﹤0.01%	2006
2023 Q1	$151K	Buy	+11,476	New	+$184K	﹤0.01%	2324

Other funds holding TH

PCMF

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

PFMOSF

Philadelphia Financial Management of San Francisco San Francisco, California $346M AUM 30.02% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

RCMNY

Rubric Capital Management (New York) New York $9.44B AUM 68.42% 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 $481B AUM 30.42% 1-Year Est. Return

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

State of Wisconsin Investment Board's TH Position: Q4 2025 in Review

State of Wisconsin Investment Board sold out of Target Hospitality (TH) in Q4 2025, closing a stake of 13,917 shares — an estimated $118K sold.

State of Wisconsin Investment Board first reported a position in TH in Q1 2023 and held it in 5 quarters. The position peaked at $431K in Q2 2024. 137 funds tracked by Wall St. Rank hold TH as of Q4 2025.

State of Wisconsin Investment Board reported no remaining Target Hospitality position as of Q4 2025 after selling out during the quarter.
State of Wisconsin Investment Board sold 13,917 Target Hospitality shares in Q4 2025, an estimated $118K.
State of Wisconsin Investment Board first reported a position in Target Hospitality in Q1 2023 and held it in 5 quarters.
State of Wisconsin Investment Board's Target Hospitality position peaked at $431K in Q2 2024.
137 funds tracked by Wall St. Rank held Target Hospitality as of Q4 2025.

Based on State of Wisconsin Investment Board's 13F filing for Q4 2025, filed 17 Feb 2026.