Thermon Group Holdings
THR was delisted on the 29th of May, 2026.
193 hedge funds and large institutions have $1.23B invested in Thermon Group Holdings in 2025 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 56 increasing their positions, 70 reducing their positions, and 13 closing their positions.
277% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more capital invested
Capital invested by funds: $885M → $1.23B (+$340M)
22% more funds holding
Funds holding: 158 → 193 (+35)
0.07% more ownership
Funds ownership: 100.34% → 100.41% (+0.07%)
20% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15M |
| 2 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
+$13.6M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$7.46M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$7.32M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$6.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$38.4M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$16.8M |
| 3 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
-$14.3M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$14M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.38M |
THR Hedge Fund Activity: Q4 2025 in Review
193 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Thermon Group Holdings (THR) for Q4 2025, worth a combined $1.23B — up 38% from $885M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new THR positions and 13 closed out — a net gain of 36 holders — while 56 added to existing stakes and 70 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $38.4M.
- 193 institutional investors held Thermon Group Holdings (THR) as of Q4 2025, up from 158 in Q3 2025.
- Funds reported $1.23B of Thermon Group Holdings stock for Q4 2025, up 38% quarter-over-quarter.
- 49 funds opened new Thermon Group Holdings positions in Q4 2025 and 13 closed out, a net change of +36 holders.
- The largest Thermon Group Holdings buyer in Q4 2025 was Morgan Stanley, an estimated $15M added.
- The largest Thermon Group Holdings seller in Q4 2025 was T. Rowe Price Investment Management, an estimated $38.4M sold.
Based on aggregated 13F filings for Q4 2025.