TH International
THCH
23 hedge funds and large institutions have $34.4M invested in TH International in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 8 closing their positions.
386% more call options, than puts
Call options by funds: $34K | Put options by funds: $7K
0.01% more ownership
Funds ownership: 2.5% → 2.5% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $37.5M → $34.4M (-$3.08M)
23% less funds holding
Funds holding: 30 → 23 (-7)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$501K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$16.6K |
| 3 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$11K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$9.97K |
| 5 |
Jane Street
New York
|
+$387 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$749K |
| 2 |
CF
Cantor Fitzgerald
New York
|
-$584K |
| 3 |
1C
1060 Capital
Denver,
Colorado
|
-$246K |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$145K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| – | -$68.1K | -7,527 | Closed |
|
27
Marshall Wace
London,
United Kingdom
| – | -$42.7K | -4,713 | Closed |
|
28
UBS Group
Zurich,
Switzerland
| – | -$5.44K | -601 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.62K | -179 | Closed |
|
|
EC
30
Elequin Capital
New York
| – | -$1.6K | -177 | Closed |
|
THCH Hedge Fund Activity: Q4 2023 in Review
23 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in TH International (THCH) for Q4 2023, worth a combined $34.4M — down 8.2% from $37.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of THCH and 1 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Zazove Associates, adding an estimated $501K. The largest seller was Portolan Capital Management, cutting an estimated $749K.
- 23 institutional investors held TH International (THCH) as of Q4 2023, down from 30 in Q3 2023.
- Funds reported $34.4M of TH International stock for Q4 2023, down 8.2% quarter-over-quarter.
- 1 fund opened new TH International positions in Q4 2023 and 8 closed out, a net change of -7 holders.
- The largest TH International buyer in Q4 2023 was Zazove Associates, an estimated $501K added.
- The largest TH International seller in Q4 2023 was Portolan Capital Management, an estimated $749K sold.
Based on aggregated 13F filings for Q4 2023.