Target Hospitality
133 hedge funds and large institutions have $290M invested in Target Hospitality in 2026 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 40 increasing their positions, 47 reducing their positions, and 30 closing their positions.
215% more call options, than puts
Call options by funds: $3.6M | Put options by funds: $1.14M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% more capital invested
Capital invested by funds: $259M → $290M (+$30.3M)
1.3% less ownership
Funds ownership: 32.44% → 31.14% (-1.3%)
3% less funds holding
Funds holding: 137 → 133 (-4)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
15% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.11M |
| 2 |
FSCM
First Sabrepoint Capital Management
Dallas,
Texas
|
+$3.59M |
| 3 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$3.48M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2M |
| 5 |
Millennium Management
New York
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$13.4M |
| 2 |
PCM
Philosophy Capital Management
Alamo,
California
|
-$5.21M |
| 3 |
SC
Shay Capital
New York
|
-$2.64M |
| 4 |
YIH
Y-Intercept (HK)
Hong Kong
|
-$1.31M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.29M |
TH Hedge Fund Activity: Q1 2026 in Review
133 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q1 2026, worth a combined $290M — up 12% from $259M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of TH and 27 opened new positions — a net loss of 3 holders — while 47 trimmed existing stakes and 40 added.
The largest buyer was Jane Street, adding an estimated $4.11M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $13.4M.
- 133 institutional investors held Target Hospitality (TH) as of Q1 2026, down from 137 in Q4 2025.
- Funds reported $290M of Target Hospitality stock for Q1 2026, up 12% quarter-over-quarter.
- 27 funds opened new Target Hospitality positions in Q1 2026 and 30 closed out, a net change of -3 holders.
- The largest Target Hospitality buyer in Q1 2026 was Jane Street, an estimated $4.11M added.
- The largest Target Hospitality seller in Q1 2026 was Philadelphia Financial Management of San Francisco, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2026.