Target Hospitality
26 hedge funds and large institutions have $124M invested in Target Hospitality in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and closing their positions.
32% more capital invested
Capital invested by funds: $93.4M → $124M (+$30.3M)
30% more funds holding
Funds holding: 20 → 26 (+6)
9.25% more ownership
Funds ownership: 29.51% → 38.75% (+9.2%)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$14.7M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$10.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.42M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.97M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$2.24M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$251K |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$153K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$10K |
TH Hedge Fund Activity: Q3 2018 in Review
26 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q3 2018, worth a combined $124M — up 32% from $93.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TH positions and 0 closed out — a net gain of 6 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Highbridge Capital Management, opening a new position worth an estimated $14.7M. The largest seller was Glazer Capital LLC, cutting an estimated $2.24M.
- 26 institutional investors held Target Hospitality (TH) as of Q3 2018, up from 20 in Q2 2018.
- Funds reported $124M of Target Hospitality stock for Q3 2018, up 32% quarter-over-quarter.
- 6 funds opened new Target Hospitality positions in Q3 2018 and 0 closed out, a net change of +6 holders.
- The largest Target Hospitality buyer in Q3 2018 was Highbridge Capital Management, an estimated $14.7M added.
- The largest Target Hospitality seller in Q3 2018 was Glazer Capital LLC, an estimated $2.24M sold.
Based on aggregated 13F filings for Q3 2018.