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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, Q4 2025

Institutional positions in Target Hospitality Corp. as of Dec 31, 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
137
+3 vs. Q3 2025
Shares held
32.4M
+1.27M (+4.1%) vs. Q3 2025
Total value
$259.2M
−$4.42M (−1.7%) vs. Q3 2025
New holders
19
48 more added
Sold out
16
44 more reduced

Compare with Q3 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 holdersQ4 2025: 137 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 heldQ4 2025: $259.2M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Target Hospitality Corp.; share changes are against Q3 2025.

Institutions holding TH in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Private Capital Management, LLC4,504,638$36.1M3.43%−6,390−0.1%Reduced
Philadelphia Financial Management of San Francisco, LLC3,304,424$26.5M5.47%+806,755+32.3%Added
BlackRock, Inc.2,612,793$20.9M0.00%+33,900+1.3%Added
Rubric Capital Management LP2,189,456$17.5M0.21%00.0%Unchanged
Vanguard Group Inc1,955,135$15.7M0.00%−39,506−2.0%Reduced
HighTower Advisors, LLC1,603,648$12.8M0.01%+70.0%Added
Dimensional Fund Advisors LP1,176,561$9.42M0.00%+171,324+17.0%Added
American Century Companies Inc1,080,407$8.65M0.00%+91,036+9.2%Added
Arrowstreet Capital, Limited Partnership933,131$7.47M0.00%−117,958−11.2%Reduced
Renaissance Technologies LLC910,424$7.29M0.01%−70,700−7.2%Reduced
71 West Capital Partners892,322$7.15M0.33%+892,322New
Geode Capital Management, LLC820,096$6.57M0.00%−9,227−1.1%Reduced
Shay Capital LLC782,250$6.27M1.01%−348,049−30.8%Reduced
State Street Corp766,061$6.14M0.00%−21,573−2.7%Reduced
Cooper Creek Partners Management LLC726,473$5.82M0.28%−242,784−25.0%Reduced
Philosophy Capital Management LLC650,364$5.21M0.61%+285,338+78.2%Added
Lonestar Capital Management LLC500,000$4.00M2.14%+500,000New
Kore Advisors LP425,213$3.41M5.31%+100,418+30.9%Added
Citadel Advisors LLC366,625$2.94M0.00%+9,565+2.7%Added
Royce & Associates LP349,723$2.80M0.03%+349,723New
Susquehanna International Group, LLP297,836$2.39M0.00%+97,236+48.5%Added
Bridgeway Capital Management, LLC296,340$2.37M0.05%+55,046+22.8%Added
Charles Schwab Investment Management Inc273,163$2.19M0.00%+260+0.1%Added
Northern Trust Corp262,320$2.10M0.00%−37,617−12.5%Reduced
Goldman Sachs Group Inc224,296$1.80M0.00%+67,388+42.9%Added
Empowered Funds, LLC216,340$1.73M0.03%+55,046+34.1%Added
Captrust Financial Advisors187,277$1.50M0.00%−266−0.1%Reduced
Y-Intercept (Hong Kong) Ltd163,480$1.31M0.03%+42,306+34.9%Added
Group One Trading, L.P.161,892$1.30M0.04%+50,171+44.9%Added
PDT Partners, LLC156,995$1.26M0.08%00.0%Unchanged
UBS Group AG153,416$1.23M0.00%−30,742−16.7%Reduced
Teacher Retirement System of Texas150,177$1.20M0.00%−257,089−63.1%Reduced
First Sabrepoint Capital Management LP150,000$1.20M0.49%+150,000New
D. E. Shaw & Co., Inc.124,315$995.8K0.00%+44,869+56.5%Added
Bank of New York Mellon Corp120,991$969.1K0.00%−118,564−49.5%Reduced
Legal & General Group Plc106,068$849.6K0.00%+89,003+521.6%Added
SummerHaven Investment Management, LLC104,725$838.8K0.48%00.0%Unchanged
Equitable Trust Co104,366$836.0K0.04%+1,000+1.0%Added
AQR Capital Management LLC103,736$830.9K0.00%+18,946+22.3%Added
UBS Asset Management Americas Inc101,416$812.3K0.00%00.0%Unchanged
Los Angeles Capital Management LLC105,126$801.1K0.00%+43,315+70.1%Added
Morgan Stanley99,333$795.7K0.00%−97,601−49.6%Reduced
Jane Street Group, LLC88,845$711.6K0.00%+6,691+8.1%Added
BNP Paribas Arbitrage, SA88,457$708.5K0.00%+69,728+372.3%Added
Simplex Trading, LLC84,008$672.9K0.02%+39,691+89.6%Added
Squarepoint Ops LLC82,012$656.9K0.00%+82,012New
JPMorgan Chase & Co76,181$610.2K0.00%+6,013+8.6%Added
Invesco Ltd.70,385$563.8K0.00%+11,793+20.1%Added
Swiss National Bank67,100$537.5K0.00%00.0%Unchanged
Nuveen, LLC66,422$532.0K0.00%00.0%Unchanged
Pekin Hardy Strauss, Inc.64,500$516.6K0.05%+64,500New
Quantinno Capital Management LP64,022$512.8K0.00%+31,658+97.8%Added
Walleye Trading LLC61,786$494.9K0.01%+51,808+519.2%Added
Tudor Investment Corp Et Al60,917$487.9K0.00%−230,986−79.1%Reduced
Capelight Capital Asset Management LP60,000$480.6K0.48%+60,000New
CWM Advisors, LLC58,219$466.3K0.04%+3,788+7.0%Added
Caxton Associates LLP56,146$449.7K0.01%+32,384+136.3%Added
Fuller & Thaler Asset Management, Inc.55,930$448.0K0.00%+55,930New
Barclays PLC51,503$412.5K0.00%+6,187+13.7%Added
Itau Unibanco Holding S.A.47,000$381.1K0.01%+24,504+108.9%Added
Crestmont Private Wealth LLC46,260$370.5K0.12%−31,456−40.5%Reduced
Alliancebernstein L.P.44,500$356.4K0.00%00.0%Unchanged
LPL Financial LLC42,518$340.6K0.00%+673+1.6%Added
Rhumbline Advisers40,896$327.6K0.00%−5,730−12.3%Reduced
Citigroup Inc40,826$327.0K0.00%+38,293+1,511.8%Added
Wells Fargo & Company36,031$288.6K0.00%+11,390+46.2%Added
Deutsche Bank AG33,634$269.4K0.00%+1,526+4.8%Added
State Board of Administration of Florida Retirement System33,151$265.5K0.00%−68,433−67.4%Reduced
California State Teachers Retirement System32,306$258.8K0.00%−409−1.3%Reduced
Canada Pension Plan Investment Board32,300$258.7K0.00%+32,300New
Exchange Traded Concepts, LLC30,696$245.9K0.00%−1,173−3.7%Reduced
Bank of America Corp29,758$238.4K0.00%−81,465−73.2%Reduced
Parallax Volatility Advisers, L.P.26,843$215.0K0.01%+1,860+7.4%Added
Verition Fund Management LLC26,740$214.2K0.00%00.0%Unchanged
State of Wyoming25,666$205.6K0.02%+25,666New
Bailard, Inc.24,797$198.6K0.00%−15,100−37.8%Reduced
STRS Ohio21,500$172.2K0.00%00.0%Unchanged
Price T Rowe Associates Inc21,054$169.0K0.00%+4,706+28.8%Added
Millennium Management LLC20,897$167.4K0.00%+20,897New
SRS Capital Advisors, Inc.20,884$167.3K0.00%+437+2.1%Added
FMR LLC20,101$161.0K0.00%+15,902+378.7%Added
Procyon Private Wealth Partners, LLC18,845$150.9K0.01%+18,845New
MetLife Investment Management17,475$140.0K0.00%−931−5.1%Reduced
Harbor Advisors LLC15,000$120.2K0.02%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.14,903$119.4K0.00%−171−1.1%Reduced
SG Americas Securities, LLC14,874$119.0K0.00%−4,713−24.1%Reduced
Mercer Global Advisors Inc14,675$117.5K0.00%+14,675New
Mariner, LLC14,599$116.9K0.00%−7,582−34.2%Reduced
Clear Harbor Asset Management, LLC14,000$112.1K0.01%+14,000New
Janus Henderson Group PLC13,295$106.6K0.00%00.0%Unchanged
Intech Investment Management LLC12,144$97.3K0.00%−1,837−13.1%Reduced
Two Sigma Advisers, LP12,100$96.9K0.00%+12,100New
AdvisorShares Investments LLC11,820$94.7K0.02%+1,798+17.9%Added
Manufacturers Life Insurance Company, The11,377$91.1K0.00%−1,352−10.6%Reduced
KLP Kapitalforvaltning AS10,800$86.5K0.00%00.0%Unchanged
Tripletail Wealth Management, LLC11,630$84.1K0.11%+4,460+62.2%Added
Zacks Investment Management10,400$83.3K0.00%00.0%Unchanged
Two Sigma Investments, LP10,394$83.3K0.00%−25,000−70.6%Reduced
Advisory Services Network, LLC10,000$80.1K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey8,426$67.5K0.00%00.0%Unchanged