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Target Hospitality Corp.

TH
Exchange
Nasdaq
Industry
Hotels, Rooming Houses, Camps & Other Lodging Places
SEC CIK
0001712189

In the last 90 days, Target Hospitality Corp. insiders filed 2 open-market purchases and 0 sales; 171 institutions reported holding it in 13F filings for Q2 2026, worth $1.03B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Target Hospitality Corp. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
134
+1 vs. Q2 2025
Shares held
31.1M
−654.5K (−2.1%) vs. Q2 2025
Total value
$263.7M
+$37.6M (+16.6%) vs. Q2 2025
New holders
15
46 more added
Sold out
14
45 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TH on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 134 institutions
Q1 2021: 50 institutionsQ2 2021: 66 institutionsQ3 2021: 65 institutionsQ4 2021: 66 institutionsQ1 2022: 74 institutionsQ2 2022: 86 institutionsQ3 2022: 128 institutionsQ4 2022: 136 institutionsQ1 2023: 144 institutionsQ2 2023: 150 institutionsQ3 2023: 140 institutionsQ4 2023: 136 institutionsQ1 2024: 135 institutionsQ2 2024: 125 institutionsQ3 2024: 130 institutionsQ4 2024: 129 institutionsQ1 2025: 131 institutionsQ2 2025: 134 institutionsQ3 2025: 134 institutionsQ4 2025: 137 institutionsQ1 2026: 133 institutionsQ2 2026: 171 institutions
Value heldQ3 2025: $263.7M
Q1 2021: $46.8MQ2 2021: $71.7MQ3 2021: $75.8MQ4 2021: $76.8MQ1 2022: $125.0MQ2 2022: $133.6MQ3 2022: $372.1MQ4 2022: $496.6MQ1 2023: $427.3MQ2 2023: $430.1MQ3 2023: $509.5MQ4 2023: $317.0MQ1 2024: $309.1MQ2 2024: $222.0MQ3 2024: $204.3MQ4 2024: $275.4MQ1 2025: $197.2MQ2 2025: $226.1MQ3 2025: $263.7MQ4 2025: $259.2MQ1 2026: $289.5MQ2 2026: $1.03B
Institutions holding TH and their total value by quarter
QuarterHoldersValue
Q2 2026171$1.03B
Q1 2026133$289.5M
Q4 2025137$259.2M
Q3 2025134$263.7M
Q2 2025134$226.1M
Q1 2025131$197.2M
Q4 2024129$275.4M
Q3 2024130$204.3M
Q2 2024125$222.0M
Q1 2024135$309.1M
Q4 2023136$317.0M
Q3 2023140$509.5M
Q2 2023150$430.1M
Q1 2023144$427.3M
Q4 2022136$496.6M
Q3 2022128$372.1M
Q2 202286$133.6M
Q1 202274$125.0M
Q4 202166$76.8M
Q3 202165$75.8M
Q2 202166$71.7M
Q1 202150$46.8M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Target Hospitality Corp.; share changes are against Q2 2025.

Institutions holding TH in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Private Capital Management, LLC4,511,028$38.3M3.53%−340,411−7.0%Reduced
BlackRock, Inc.2,578,893$21.9M0.00%+94,895+3.8%Added
Philadelphia Financial Management of San Francisco, LLC2,497,669$21.2M4.24%+486,889+24.2%Added
Rubric Capital Management LP2,189,456$18.6M0.25%00.0%Unchanged
Vanguard Group Inc1,994,641$16.9M0.00%+600,181+43.0%Added
HighTower Advisors, LLC1,603,641$13.6M0.02%00.0%Unchanged
Appian Way Asset Management LP1,360,609$11.5M2.51%−532,524−28.1%Reduced
Shay Capital LLC1,130,299$9.58M1.74%−190,364−14.4%Reduced
Arrowstreet Capital, Limited Partnership1,051,089$8.91M0.01%+211,634+25.2%Added
Dimensional Fund Advisors LP1,005,237$8.53M0.00%+142,159+16.5%Added
American Century Companies Inc989,371$8.39M0.00%+119,108+13.7%Added
Renaissance Technologies LLC981,124$8.32M0.01%+9,800+1.0%Added
Cooper Creek Partners Management LLC969,257$8.22M0.31%−232,434−19.3%Reduced
Geode Capital Management, LLC829,323$7.03M0.00%−16,055−1.9%Reduced
State Street Corp787,634$6.68M0.00%−63,158−7.4%Reduced
Teacher Retirement System of Texas407,266$3.45M0.01%−3,132−0.8%Reduced
Philosophy Capital Management LLC365,026$3.10M0.36%+110,533+43.4%Added
Citadel Advisors LLC357,060$3.03M0.00%−218,429−38.0%Reduced
Kore Advisors LP324,795$2.75M3.11%+59,726+22.5%Added
Northern Trust Corp299,937$2.54M0.00%−11,608−3.7%Reduced
Tudor Investment Corp Et Al291,903$2.48M0.02%+66,322+29.4%Added
Charles Schwab Investment Management Inc272,903$2.31M0.00%−8,318−3.0%Reduced
Bridgeway Capital Management, LLC241,294$2.05M0.04%+106,115+78.5%Added
Bank of New York Mellon Corp239,555$2.03M0.00%+1,864+0.8%Added
Susquehanna International Group, LLP200,600$1.70M0.00%+35,914+21.8%Added
Morgan Stanley196,934$1.67M0.00%−31,877−13.9%Reduced
Captrust Financial Advisors187,543$1.59M0.00%−33,504−15.2%Reduced
UBS Group AG184,158$1.56M0.00%+33,202+22.0%Added
Empowered Funds, LLC161,294$1.37M0.01%+51,115+46.4%Added
PDT Partners, LLC156,995$1.33M0.08%−10.0%Reduced
Goldman Sachs Group Inc156,908$1.33M0.00%+65,763+72.2%Added
Y-Intercept (Hong Kong) Ltd121,174$1.03M0.02%+32,187+36.2%Added
Group One Trading, L.P.111,721$947.4K0.03%+11,272+11.2%Added
Bank of America Corp111,223$943.2K0.00%−470−0.4%Reduced
SummerHaven Investment Management, LLC104,725$888.1K0.52%+13,210+14.4%Added
Equitable Trust Co103,366$876.5K0.04%−6,915−6.3%Reduced
State Board of Administration of Florida Retirement System101,584$861.4K0.00%−16,247−13.8%Reduced
UBS Asset Management Americas Inc101,416$860.0K0.00%−59,522−37.0%Reduced
AQR Capital Management LLC84,790$719.0K0.00%−47,678−36.0%Reduced
Jane Street Group, LLC82,154$696.7K0.00%−106,991−56.6%Reduced
D. E. Shaw & Co., Inc.79,446$673.7K0.00%+79,446New
Crestmont Private Wealth LLC77,716$659.0K0.22%−12,256−13.6%Reduced
JPMorgan Chase & Co70,168$595.0K0.00%+10,481+17.6%Added
Swiss National Bank67,100$569.0K0.00%00.0%Unchanged
Nuveen, LLC66,422$563.3K0.00%00.0%Unchanged
Los Angeles Capital Management LLC61,811$524.2K0.00%+61,811New
Invesco Ltd.58,592$496.9K0.00%+4,201+7.7%Added
CWM Advisors, LLC54,431$461.6K0.04%+240+0.4%Added
Skopos Labs, Inc.55,244$396.1K0.05%+1,253+2.3%Added
Rhumbline Advisers46,626$395.4K0.00%−3,747−7.4%Reduced
Barclays PLC45,316$384.3K0.00%−30,584−40.3%Reduced
Alliancebernstein L.P.44,500$377.4K0.00%−3,600−7.5%Reduced
Simplex Trading, LLC44,317$375.0K0.01%+39,842+890.3%Added
LPL Financial LLC41,845$354.8K0.00%+150+0.4%Added
Bailard, Inc.39,897$338.3K0.01%00.0%Unchanged
Two Sigma Investments, LP35,394$300.1K0.00%−11,608−24.7%Reduced
California State Teachers Retirement System32,715$277.4K0.00%+10.0%Added
Quantinno Capital Management LP32,364$274.4K0.00%+16,232+100.6%Added
Deutsche Bank AG32,108$272.3K0.00%+20,874+185.8%Added
Exchange Traded Concepts, LLC31,869$270.2K0.00%−1,942−5.7%Reduced
Saranac Partners Ltd29,999$254.4K0.05%+29,999New
Verition Fund Management LLC26,740$226.8K0.00%00.0%Unchanged
Parallax Volatility Advisers, L.P.24,983$211.9K0.01%+7,259+41.0%Added
Wells Fargo & Company24,641$209.0K0.00%+4,020+19.5%Added
Caxton Associates LLP23,762$201.5K0.01%−22,546−48.7%Reduced
Fox Run Management, L.L.C.23,380$198.3K0.03%+23,380New
Itau Unibanco Holding S.A.22,496$190.8K0.01%+22,496New
Mariner, LLC22,181$188.1K0.00%−2,178−8.9%Reduced
STRS Ohio21,500$182.3K0.00%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.21,195$179.7K0.00%+5,103+31.7%Added
SRS Capital Advisors, Inc.20,447$173.4K0.00%+20,281+12,217.5%Added
Moore Capital Management, LP20,000$169.6K0.00%00.0%Unchanged
SG Americas Securities, LLC19,587$166.0K0.00%+19,587New
BNP Paribas Arbitrage, SA18,729$158.8K0.00%+15,709+520.2%Added
MetLife Investment Management18,406$156.1K0.00%00.0%Unchanged
Legal & General Group Plc17,065$144.7K0.00%−3,401−16.6%Reduced
Gotham Asset Management, LLC16,935$143.6K0.00%−4,857−22.3%Reduced
Price T Rowe Associates Inc16,348$139.0K0.00%+245+1.5%Added
Mirae Asset Global ETFs Holdings Ltd.15,074$127.8K0.00%−2,512−14.3%Reduced
Harbor Advisors LLC15,000$127.2K0.02%00.0%Unchanged
Intech Investment Management LLC13,981$118.6K0.00%−10,316−42.5%Reduced
State of Wisconsin Investment Board13,917$118.0K0.00%+13,917New
Janus Henderson Group PLC13,295$112.8K0.00%−527,403−97.5%Reduced
Manufacturers Life Insurance Company, The12,729$107.9K0.00%−1,209−8.7%Reduced
Sanctuary Advisors, LLC11,526$97.7K0.00%−26,310−69.5%Reduced
FourThought Financial Partners, LLC11,247$95.4K0.01%+11,247New
KLP Kapitalforvaltning AS10,800$91.6K0.00%−48,000−81.6%Reduced
Zacks Investment Management10,400$88.2K0.00%00.0%Unchanged
Arizona State Retirement System10,279$87.2K0.00%+186+1.8%Added
AdvisorShares Investments LLC10,022$85.0K0.01%−8,800−46.8%Reduced
Advisory Services Network, LLC10,000$84.8K0.00%00.0%Unchanged
Walleye Trading LLC9,978$84.6K0.00%−7,616−43.3%Reduced
Police & Firemen's Retirement System of New Jersey8,426$71.5K0.00%+2,106+33.3%Added
Tripletail Wealth Management, LLC7,170$55.4K0.07%+7,170New
Zurcher Kantonalbank (Zurich Cantonalbank)6,529$55.4K0.00%00.0%Unchanged
State of Alaska, Department of Revenue5,297$44.0K0.00%+5,297New
Covestor Ltd4,990$42.0K0.02%−636−11.3%Reduced
Russell Investments Group, Ltd.4,494$38.1K0.00%+2,465+121.5%Added
Versant Capital Management, Inc4,467$37.9K0.01%+1,122+33.5%Added
FMR LLC4,199$35.6K0.00%+747+21.6%Added