TH International
THCH
30 hedge funds and large institutions have $37.5M invested in TH International in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.3% less ownership
Funds ownership: 2.8% → 2.5% (-0.3%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
23% less funds holding
Funds holding: 39 → 30 (-9)
42% less capital invested
Capital invested by funds: $64.3M → $37.5M (-$26.9M)
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
92% less call options, than puts
Call options by funds: $18K | Put options by funds: $239K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$489K |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$151K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$52K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$36.2K |
| 5 |
HF
HRT Financial
New York
|
+$24.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1C
1060 Capital
Denver,
Colorado
|
-$1.89M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$768K |
| 3 |
BlackRock
New York
|
-$650K |
| 4 |
Walleye Capital
New York
|
-$450K |
| 5 |
SC
Shay Capital
New York
|
-$268K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $8.36K | +$10.4K | +860 | +1,365% |
|
27
UBS Group
Zurich,
Switzerland
| $5.44K | +$3.64K | +301 | +100% |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.62K | – | – | – |
|
|
EC
29
Elequin Capital
New York
| $1.6K | – | – | – |
|
|
30
BlackRock
New York
| – | -$650K | -45,325 | Closed |
|
|
SC
31
Shay Capital
New York
| – | -$268K | -18,700 | Closed |
|
32
Renaissance Technologies
New York
| – | -$100K | -6,960 | Closed |
|
|
GCP
33
GSA Capital Partners
London,
United Kingdom
| – | -$91K | -6,372 | Closed |
|
|
LCM
34
Lynwood Capital Management
Toronto,
Ontario, Canada
| – | -$71.8K | -5,000 | Closed |
|
|
SC
35
Scotia Capital
Toronto,
Ontario, Canada
| – | -$69.1K | -4,813 | Closed |
|
|
TSS
36
Two Sigma Securities
New York
| – | -$53.2K | -3,707 | Closed |
|
|
JAIC
37
Josh Arnold Investment Consultant
Edina,
Minnesota
| – | -$44.8K | -3,120 | Closed |
|
38
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -100 | Closed |
|
|
CG
39
Cutler Group
San Francisco,
California
| – | -$968 | -80 | -80% |
|
40
Citadel Advisors
Miami,
Florida
| – | -$399 | -33 | Closed |
|
THCH Hedge Fund Activity: Q3 2023 in Review
30 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in TH International (THCH) for Q3 2023, worth a combined $37.5M — down 42% from $64.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of THCH and 1 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Portolan Capital Management, adding an estimated $489K. The largest seller was 1060 Capital, cutting an estimated $1.89M.
- 30 institutional investors held TH International (THCH) as of Q3 2023, down from 39 in Q2 2023.
- Funds reported $37.5M of TH International stock for Q3 2023, down 42% quarter-over-quarter.
- 1 fund opened new TH International positions in Q3 2023 and 10 closed out, a net change of -9 holders.
- The largest TH International buyer in Q3 2023 was Portolan Capital Management, an estimated $489K added.
- The largest TH International seller in Q3 2023 was 1060 Capital, an estimated $1.89M sold.
Based on aggregated 13F filings for Q3 2023.