Target Hospitality
129 hedge funds and large institutions have $275M invested in Target Hospitality in 2024 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 37 increasing their positions, 41 reducing their positions, and 31 closing their positions.
251% more call options, than puts
Call options by funds: $37.4M | Put options by funds: $10.6M
35% more capital invested
Capital invested by funds: $204M → $275M (+$71.1M)
2.65% more ownership
Funds ownership: 26.15% → 28.8% (+2.6%)
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
1% less funds holding
Funds holding: 130 → 129 (-1)
10% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 41
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$8.46M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$7.13M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$3.76M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$2.34M |
| 5 |
SC
Shay Capital
New York
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LB Partners
Charlottesville,
Virginia
|
-$4.17M |
| 2 |
GS
GTS Securities
New York
|
-$1.59M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$1.51M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$1.08M |
| 5 |
JP Morgan Chase
New York
|
-$978K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GF
151
Gabelli Funds
Rye,
New York
| – | -$93.4K | -12,000 | Closed |
|
152
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$87.1K | -11,200 | Closed |
|
|
TSS
153
Two Sigma Securities
New York
| – | -$81.6K | -10,485 | Closed |
|
154
Millennium Management
New York
| – | -$78.4K | -10,078 | Closed |
|
155
Lazard Asset Management
New York
| – | -$58K | -7,545 | Closed |
|
156
Jones Financial Companies
Des Peres,
Missouri
| – | -$1.48K | -200 | Closed |
|
157
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -110 | Closed |
|
|
PA
158
Parallel Advisors
San Francisco,
California
| – | -$202 | -26 | Closed |
|
|
CAM
159
Creekmur Asset Management
Morton,
Illinois
| – | -$171 | -22 | Closed |
|
|
CPA
160
Capital Performance Advisors
Walnut Creek,
California
| – | -$8 | -1 | Closed |
|
TH Hedge Fund Activity: Q4 2024 in Review
129 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q4 2024, worth a combined $275M — up 35% from $204M a quarter earlier.
Fund positioning in TH was balanced in Q4 2024: 31 funds opened new positions, 31 closed out, 37 added to existing stakes and 41 trimmed.
The largest buyer was Empyrean Capital Partners, opening a new position worth an estimated $8.46M. The largest seller was LB Partners, exiting entirely with an estimated $4.17M sold.
- 129 institutional investors held Target Hospitality (TH) as of Q4 2024, down from 130 in Q3 2024.
- Funds reported $275M of Target Hospitality stock for Q4 2024, up 35% quarter-over-quarter.
- 31 funds opened new Target Hospitality positions in Q4 2024 and 31 closed out, a net change of 0 holders.
- The largest Target Hospitality buyer in Q4 2024 was Empyrean Capital Partners, an estimated $8.46M added.
- The largest Target Hospitality seller in Q4 2024 was LB Partners, an estimated $4.17M sold.
Based on aggregated 13F filings for Q4 2024.