Target Hospitality
32 hedge funds and large institutions have $224M invested in Target Hospitality in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
81% more capital invested
Capital invested by funds: $124M → $224M (+$99.9M)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
26.52% more ownership
Funds ownership: 38.75% → 65.27% (+27%)
23% more funds holding
Funds holding: 26 → 32 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$19.6M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$15M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$14.7M |
| 4 |
ECM
Element Capital Management
New York
|
+$14.1M |
| 5 |
BlackRock
New York
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$9.79M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.49M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.23M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$1.21M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$992K |
TH Hedge Fund Activity: Q4 2018 in Review
32 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q4 2018, worth a combined $224M — up 81% from $124M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TH positions and 5 closed out — a net gain of 6 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $19.6M. The largest seller was Linden Advisors, exiting entirely with an estimated $9.79M sold.
- 32 institutional investors held Target Hospitality (TH) as of Q4 2018, up from 26 in Q3 2018.
- Funds reported $224M of Target Hospitality stock for Q4 2018, up 81% quarter-over-quarter.
- 11 funds opened new Target Hospitality positions in Q4 2018 and 5 closed out, a net change of +6 holders.
- The largest Target Hospitality buyer in Q4 2018 was Deutsche Bank, an estimated $19.6M added.
- The largest Target Hospitality seller in Q4 2018 was Linden Advisors, an estimated $9.79M sold.
Based on aggregated 13F filings for Q4 2018.