Target Hospitality
63 hedge funds and large institutions have $121M invested in Target Hospitality in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 17 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.51% less ownership
Funds ownership: 23.97% → 23.46% (-0.51%)
7% less funds holding
Funds holding: 68 → 63 (-5)
29% less capital invested
Capital invested by funds: $172M → $121M (-$50.3M)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.07M |
| 2 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
+$5.12M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$1.6M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$1.17M |
| 5 |
BlackRock
New York
|
+$731K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$10.5M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$6.81M |
| 3 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$2.67M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$2.61M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$951K |
TH Hedge Fund Activity: Q4 2019 in Review
63 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Target Hospitality (TH) for Q4 2019, worth a combined $121M — down 29% from $172M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TH and 12 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was Morgan Stanley, adding an estimated $8.07M. The largest seller was Rubric Capital Management (New York), cutting an estimated $10.5M.
- 63 institutional investors held Target Hospitality (TH) as of Q4 2019, down from 68 in Q3 2019.
- Funds reported $121M of Target Hospitality stock for Q4 2019, down 29% quarter-over-quarter.
- 12 funds opened new Target Hospitality positions in Q4 2019 and 17 closed out, a net change of -5 holders.
- The largest Target Hospitality buyer in Q4 2019 was Morgan Stanley, an estimated $8.07M added.
- The largest Target Hospitality seller in Q4 2019 was Rubric Capital Management (New York), an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2019.