Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

TARGET HOSPITALITY CORP (TH)

142 + Investors. Track Smart Money conviction in TH. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
1Q ▲
Buyers last Q
51%

Smart Money Signals — TH

Based on 131 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TH than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
131 funds currently hold this stock — 90% of the 3.0-year high of 145 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

65 buying63 selling
Last quarter: 65 funds bought or added vs 63 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 33 → 22 → 13 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 26% medium ■ 16% new
76 out of 131 hedge funds have held TH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

24 → 33 → 22 → 13 → 17 new funds/Q
New funds entering each quarter: 33 → 22 → 13 → 17. TH is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 11% 1-2yr ■ 23% new
Of 142 current holders: 95 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
27 of 131 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TH

In 2025 Q4, 65 hedge funds were net buyers of TH (17 opened a new position, 48 added to an existing one), while 63 reduced or exited (50 trimmed, 13 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 25% of total institutional value in TH is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 131.

Hedge Fund Ownership: TH

How many hedge funds hold TH — quarterly history vs. share price
Quarterly hedge fund ownership of TH vs. share price

Market Analysis: TH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TH

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 1 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: TH
2026 Q1 Stats Unlock in 5 days 142 + Investors

Track Smart Money conviction in TH. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 142 136 4.41%
13F Shares 35M 32M 8.4%
Total Value $279M $272M 2.7%
New Positions 17 13 +4
Increased Positions 63 61 +2
Closed Positions 13 18 -5
Reduced Positions 62 56 +6
Total Calls 7 7 -
Total Puts 4 4 -
PUT/CALL Ratio 0.57 0.57 Bullish

Statistics: TH

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

142 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TH. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of TH — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Kore Advisors LP 4.66% 466,055 $4.3M
2 Philadelphia Financial Management of San Francisco, LLC 4.34% 1,616,642 $15.0M
3 Archon Capital Management LLC 2.29% 437,885 $4.1M
4 Appian Way Asset Management LP 2.07% 1,360,609 $11.5M
5 SummerHaven Investment Management, LLC 0.54% 94,484 $877K
6 LONESTAR CAPITAL MANAGEMENT LLC 0.52% 375,000 $3.5M
7 Crestmont Private Wealth LLC 0.43% 146,566 $1.4M
8 71 West Capital Partners 0.37% 907,322 $8.4M
9 Shay Capital LLC 0.35% 450,000 $4.2M
10 Tripletail Wealth Management, LLC 0.25% 13,150 $183K
11 Galaxy Digital Capital Management GP LLC 0.07% 7,194 $67K
12 EQUITABLE TRUST CO 0.05% 123,827 $1.1M
13 ROYCE & ASSOCIATES LP 0.05% 523,941 $4.9M
14 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.04% 240,028 $2.2M
15 Inspire Investing, LLC 0.04% 55,724 $517K
16 Covestor Ltd 0.04% 6,107 —
17 FOX RUN MANAGEMENT, L.L.C. 0.02% 14,265 $132K
18 ANTIPODES PARTNERS Ltd 0.02% 121,912 $1.1M
19 Harbor Advisors LLC 0.02% 15,000 $139K
20 MIRABELLA FINANCIAL SERVICES LLP 0.02% 19,948 $185K
21 HighTower Advisors, LLC 0.02% 1,603,987 $14.9M
22 RENAISSANCE TECHNOLOGIES LLC 0.01% 951,302 $8.8M
23 State of Wyoming 0.01% 10,040 $93K
24 Empowered Funds, LLC 0.01% 185,028 $1.7M
25 Itau Unibanco Holding S.A. 0.01% 47,000 $381K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — TARGET HOSPITALITY CORP (TH)

What does the Smart Money Trend signal show for TH?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TH than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TH?

Slight buying edge — 51% buying: Last quarter: 65 funds bought or added vs 63 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TH holders?

Strong quality — 25% AUM from major funds: 27 of 131 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TH?

58% of holders stayed for 2+ years: 76 out of 131 hedge funds have held TH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.