Target Hospitality
135 hedge funds and large institutions have $309M invested in Target Hospitality in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 41 increasing their positions, 38 reducing their positions, and 33 closing their positions.
1,728% more call options, than puts
Call options by funds: $153M | Put options by funds: $8.36M
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
1% less funds holding
Funds holding: 136 → 135 (-1)
3% less capital invested
Capital invested by funds: $320M → $309M (-$10.5M)
4.02% less ownership
Funds ownership: 32.31% → 28.28% (-4%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.95M |
| 2 |
CC
Conversant Capital
Summit,
New Jersey
|
+$3.05M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$2.74M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$2.01M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
-$11.4M |
| 2 |
TCM
Tyro Capital Management
Miami,
Florida
|
-$11.3M |
| 3 |
CM
CastleKnight Management
New York
|
-$8.64M |
| 4 |
CC
Cowbird Capital
New York
|
-$4.12M |
| 5 |
Morgan Stanley
New York
|
-$3.71M |
TH Hedge Fund Activity: Q1 2024 in Review
135 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q1 2024, worth a combined $309M — down 3.3% from $320M a quarter earlier.
Fund positioning in TH was balanced in Q1 2024: 33 funds opened new positions, 33 closed out, 41 added to existing stakes and 38 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $4.95M. The largest seller was Voss Capital, cutting an estimated $11.4M.
- 135 institutional investors held Target Hospitality (TH) as of Q1 2024, down from 136 in Q4 2023.
- Funds reported $309M of Target Hospitality stock for Q1 2024, down 3.3% quarter-over-quarter.
- 33 funds opened new Target Hospitality positions in Q1 2024 and 33 closed out, a net change of 0 holders.
- The largest Target Hospitality buyer in Q1 2024 was Arrowstreet Capital, an estimated $4.95M added.
- The largest Target Hospitality seller in Q1 2024 was Voss Capital, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2024.