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Target Hospitality

137 hedge funds and large institutions have $259M invested in Target Hospitality in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more call options, than puts

Call options by funds: $5.29M | Put options by funds: $2.64M

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

2% more funds holding

Funds holding: 134137 (+3)

1.27% more ownership

Funds ownership: 31.17%32.44% (+1.3%)

9% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 44

2% less capital invested

Capital invested by funds: $264M → $259M (-$4.42M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
137
Holders Change
+3
Holders Change %
+2.24%
% of All Funds
1.67%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
19
Increased
48
Reduced
44
Closed
16
Calls
$5.29M
Puts
$2.64M
Net Calls
+$2.65M
Net Calls Change
-$589K
Name Holding Trade Value Shares
Change
Change in
Stake
PHS
51
Pekin Hardy Strauss
Illinois
$517K +$490K +64,500 New
QCM
52
Quantinno Capital Management
New York
$513K +$240K +31,658 +98%
Walleye Trading
53
Walleye Trading
New York
$495K +$393K +51,808 +519%
Tudor Investment Corp
54
Tudor Investment Corp
Connecticut
$488K -$1.75M -230,986 -79%
CCAM
55
Capelight Capital Asset Management
New York
$481K +$455K +60,000 New
II
56
Inspire Investing
Idaho
$466K +$28.7K +3,788 +7%
CAU
57
Caxton Associates (UK)
$450K +$246K +32,384 +136%
Fuller & Thaler Asset Management
58
Fuller & Thaler Asset Management
California
$448K +$424K +55,930 New
Barclays
59
Barclays
United Kingdom
$413K +$47K +6,187 +14%
IUHSA
60
Itau Unibanco Holding S.A.
Brazil
$381K +$186K +24,504 +109%
CPW
61
Crestmont Private Wealth
Texas
$371K -$239K -31,456 -40%
AllianceBernstein
62
AllianceBernstein
Tennessee
$356K
LPL Financial
63
LPL Financial
California
$341K +$5.11K +673 +2%
RhumbLine Advisers
64
RhumbLine Advisers
Massachusetts
$328K -$43.5K -5,730 -12%
Citigroup
65
Citigroup
New York
$327K +$291K +38,293 +1,512%
Wells Fargo
66
Wells Fargo
California
$289K +$86.4K +11,390 +46%
Deutsche Bank
67
Deutsche Bank
Germany
$269K +$11.6K +1,526 +5%
State Board of Administration of Florida Retirement System
68
State Board of Administration of Florida Retirement System
Florida
$266K -$519K -68,433 -67%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$259K -$3.1K -409 -1%
Canada Pension Plan Investment Board
70
Canada Pension Plan Investment Board
Ontario, Canada
$259K +$245K +32,300 New
ETC
71
Exchange Traded Concepts
Oklahoma
$246K -$8.9K -1,173 -4%
Bank of America
72
Bank of America
North Carolina
$238K -$618K -81,465 -73%
Parallax Volatility Advisers
73
Parallax Volatility Advisers
California
$215K +$14.1K +1,860 +7%
Verition Fund Management
74
Verition Fund Management
Connecticut
$214K
SOW
75
State of Wyoming
Wyoming
$206K +$195K +25,666 New

TH Hedge Fund Activity: Q4 2025 in Review

137 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q4 2025, worth a combined $259M — down 1.7% from $264M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new TH positions and 16 closed out — a net gain of 3 holders — while 48 added to existing stakes and 44 trimmed.

The largest buyer was Philadelphia Financial Management of San Francisco, adding an estimated $6.12M. The largest seller was Shay Capital, cutting an estimated $2.64M.

  • 137 institutional investors held Target Hospitality (TH) as of Q4 2025, up from 134 in Q3 2025.
  • Funds reported $259M of Target Hospitality stock for Q4 2025, down 1.7% quarter-over-quarter.
  • 19 funds opened new Target Hospitality positions in Q4 2025 and 16 closed out, a net change of +3 holders.
  • The largest Target Hospitality buyer in Q4 2025 was Philadelphia Financial Management of San Francisco, an estimated $6.12M added.
  • The largest Target Hospitality seller in Q4 2025 was Shay Capital, an estimated $2.64M sold.

Based on aggregated 13F filings for Q4 2025.