Target Hospitality
59 hedge funds and large institutions have $45.3M invested in Target Hospitality in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.83% less ownership
Funds ownership: 23.46% → 22.63% (-0.83%)
6% less funds holding
Funds holding: 63 → 59 (-4)
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
63% less capital invested
Capital invested by funds: $121M → $45.3M (-$76.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$6.05M |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$3.02M |
| 3 |
MCM
Moore Capital Management
New York
|
+$2.92M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$445K |
| 5 |
ET
Equitable Trust
Nashville,
Tennessee
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.35M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$3.56M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$3.22M |
| 4 |
BlackRock
New York
|
-$2.92M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$1.39M |
TH Hedge Fund Activity: Q1 2020 in Review
59 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q1 2020, worth a combined $45.3M — down 63% from $121M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TH and 5 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 17 added.
The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $6.05M. The largest seller was Morgan Stanley, cutting an estimated $5.35M.
- 59 institutional investors held Target Hospitality (TH) as of Q1 2020, down from 63 in Q4 2019.
- Funds reported $45.3M of Target Hospitality stock for Q1 2020, down 63% quarter-over-quarter.
- 5 funds opened new Target Hospitality positions in Q1 2020 and 8 closed out, a net change of -3 holders.
- The largest Target Hospitality buyer in Q1 2020 was Cooper Creek Partners Management, an estimated $6.05M added.
- The largest Target Hospitality seller in Q1 2020 was Morgan Stanley, an estimated $5.35M sold.
Based on aggregated 13F filings for Q1 2020.