Target Hospitality
67 hedge funds and large institutions have $227M invested in Target Hospitality in 2019 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 9 closing their positions.
344% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 9
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
86% more funds holding
Funds holding: 36 → 67 (+31)
44% more capital invested
Capital invested by funds: $157M → $227M (+$69.5M)
7.95% more ownership
Funds ownership: 15.71% → 23.66% (+7.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$30.3M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$27.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12M |
| 4 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$9.06M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$8.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.34M |
| 2 |
HCM
Highline Capital Management
New York
|
-$4.75M |
| 3 |
LA
Linden Advisors
New York
|
-$4M |
| 4 |
ECM
Element Capital Management
New York
|
-$3.84M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$3.8M |
TH Hedge Fund Activity: Q2 2019 in Review
67 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q2 2019, worth a combined $227M — up 44% from $157M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new TH positions and 9 closed out — a net gain of 31 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $30.3M. The largest seller was Wellington Management Group, cutting an estimated $9.34M.
- 67 institutional investors held Target Hospitality (TH) as of Q2 2019, up from 36 in Q1 2019.
- Funds reported $227M of Target Hospitality stock for Q2 2019, up 44% quarter-over-quarter.
- 40 funds opened new Target Hospitality positions in Q2 2019 and 9 closed out, a net change of +31 holders.
- The largest Target Hospitality buyer in Q2 2019 was BlackRock, an estimated $30.3M added.
- The largest Target Hospitality seller in Q2 2019 was Wellington Management Group, an estimated $9.34M sold.
Based on aggregated 13F filings for Q2 2019.