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TH International

17 hedge funds and large institutions have $8.94M invested in TH International in 2025 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

8.13% more ownership

Funds ownership: 2.05%10.17% (+8.1%)

23% less funds holding

Funds holding: 2217 (-5)

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

67% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 6

67% less call options, than puts

Call options by funds: $1K | Put options by funds: $3K

80% less capital invested

Capital invested by funds: $45.2M → $8.94M (-$36.2M)

Holders
17
Holders Change
-5
Holders Change %
-22.73%
% of All Funds
0.23%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
2
Increased
2
Reduced
6
Closed
6
Calls
$1K
Puts
$3K
Net Calls
-$2K
Net Calls Change
+$1K
Name Holding Trade Value Shares
Change
Change in
Stake
HH
1
HSG Holding
Hong Kong
$7.54M
ZA
2
Zazove Associates
Nevada
$745K -$34.4K -11,004 -4%
SAMU
3
SONA Asset Management (US)
New York
$293K
LP
4
LMR Partners
United Kingdom
$88.4K -$3 -1 -0%
UBS Group
5
UBS Group
Switzerland
$62.2K +$47K +15,015 +241%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$57.6K
Citadel Advisors
7
Citadel Advisors
Florida
$48.6K +$14.7K +4,699 +40%
SCM
8
Shaolin Capital Management
Florida
$36.9K -$3 -1 -0%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$18K
CP
10
Covalent Partners
Massachusetts
$15.4K -$3 -1 -0%
AC
11
Antara Capital
New York
$14.1K
Simplex Trading
12
Simplex Trading
Illinois
$6K +$7.23K +2,310 New
GLF
13
Groupe la Francaise
France
$4.17K +$4.46K +1,427 New
CIEC
14
Crédit Industriel et Commercial
France
$2.52K -$3 -1 -0.1%
CIBC Private Wealth Group
15
CIBC Private Wealth Group
Georgia
$1.63K
JP Morgan Chase
16
JP Morgan Chase
New York
$283 -$3 -1 -1%
Morgan Stanley
17
Morgan Stanley
New York
$185
Amundi
18
Amundi
France
-$29.7K -8,618 Closed
TCM
19
Tenor Capital Management
New York
-$29.8K -8,400 Closed
OMC
20
Oasis Management Company
Cayman Islands
-$22.8K -6,420 Closed
TSS
21
Two Sigma Securities
New York
-$13.5K -3,798 Closed
SC
22
Scotia Capital
Ontario, Canada
-$7.1K -2,000 Closed
Osaic Holdings
23
Osaic Holdings
Arizona
-$195 -55 Closed

THCH Hedge Fund Activity: Q1 2025 in Review

17 of the 7,463 institutional investors tracked by Wall St. Rank reported a position in TH International (THCH) for Q1 2025, worth a combined $8.94M — down 80% from $45.2M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of THCH and 2 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 2 added.

The largest buyer was UBS Group, adding an estimated $47K. The largest seller was Zazove Associates, cutting an estimated $34.4K.

  • 17 institutional investors held TH International (THCH) as of Q1 2025, down from 22 in Q4 2024.
  • Funds reported $8.94M of TH International stock for Q1 2025, down 80% quarter-over-quarter.
  • 2 funds opened new TH International positions in Q1 2025 and 6 closed out, a net change of -4 holders.
  • The largest TH International buyer in Q1 2025 was UBS Group, an estimated $47K added.
  • The largest TH International seller in Q1 2025 was Zazove Associates, an estimated $34.4K sold.

Based on aggregated 13F filings for Q1 2025.