Target Hospitality
68 hedge funds and large institutions have $172M invested in Target Hospitality in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 12 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 67 → 68 (+1)
0.31% more ownership
Funds ownership: 23.66% → 23.97% (+0.31%)
24% less capital invested
Capital invested by funds: $227M → $172M (-$54.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.81M |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$3.94M |
| 3 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$2.96M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.85M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
-$6.98M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.63M |
| 3 |
Morgan Stanley
New York
|
-$2.2M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.94M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$1.89M |
TH Hedge Fund Activity: Q3 2019 in Review
68 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q3 2019, worth a combined $172M — down 24% from $227M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TH positions and 12 closed out — a net gain of 2 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was BlackRock, adding an estimated $6.81M. The largest seller was LMR Partners, exiting entirely with an estimated $6.98M sold.
- 68 institutional investors held Target Hospitality (TH) as of Q3 2019, up from 67 in Q2 2019.
- Funds reported $172M of Target Hospitality stock for Q3 2019, down 24% quarter-over-quarter.
- 14 funds opened new Target Hospitality positions in Q3 2019 and 12 closed out, a net change of +2 holders.
- The largest Target Hospitality buyer in Q3 2019 was BlackRock, an estimated $6.81M added.
- The largest Target Hospitality seller in Q3 2019 was LMR Partners, an estimated $6.98M sold.
Based on aggregated 13F filings for Q3 2019.