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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
SBI Securities Co., Ltd.3$240.00%00.0%Unchanged
Farther Finance Advisors, LLC4$320.00%−856−99.5%Reduced
Larson Financial Group LLC6$480.00%+1+20.0%Added
Rothschild Investment LLC15$1200.00%+15New
Caitong International Asset Management Co., Ltd19$1520.00%−2,512−99.2%Reduced
Optiver Holding B.V.30$2400.00%00.0%Unchanged
Essential Partners LLC40$3200.00%00.0%Unchanged
True Wealth Design, LLC54$4330.00%−1−1.8%Reduced
Parallel Advisors, LLC67$5370.00%−54−44.6%Reduced
Marquette Asset Management, LLC68$5450.00%+68New
GAMMA Investing LLC92$7370.00%−110−54.5%Reduced
EverSource Wealth Advisors, LLC111$8890.00%−66−37.3%Reduced
Crewe Advisors LLC200$1.60K0.00%+200New
US Bancorp286$2.29K0.00%00.0%Unchanged
Caption Management, LLC356$2.85K0.00%+356New
Advisor Group Holdings, Inc.363$2.91K0.00%+309+572.2%Added
Signaturefd, LLC388$3.11K0.00%−306−44.1%Reduced
WealthCollab, LLC405$3.25K0.00%00.0%Unchanged
Allworth Financial LP750$6.01K0.00%+496+195.3%Added
Royal Bank of Canada883$7.00K0.00%−228−20.5%Reduced
Amalgamated Bank1,010$8.00K0.00%−45−4.3%Reduced
Nisa Investment Advisors, LLC1,122$8.99K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,240$10.0K0.00%+558+81.8%Added
CWM, LLC1,330$11.0K0.00%−688−34.1%Reduced
Harbor Capital Advisors, Inc.1,452$12.0K0.00%−25−1.7%Reduced
Sterling Capital Management LLC1,852$14.8K0.00%−365−16.5%Reduced
Tower Research Capital LLC (TRC)1,890$15.1K0.00%+70+3.8%Added
IFP Advisors, Inc2,025$16.2K0.00%−2,052−50.3%Reduced
FNY Investment Advisers, LLC3,000$24.0K0.01%00.0%Unchanged
Ameritas Investment Partners, Inc.3,084$24.7K0.00%00.0%Unchanged
Versant Capital Management, Inc3,367$27.0K0.00%−1,100−24.6%Reduced
Great West Life Assurance Co3,827$31.0K0.00%00.0%Unchanged
Quest Partners LLC4,189$33.6K0.00%+2,329+125.2%Added
Russell Investments Group, Ltd.4,438$35.5K0.00%−56−1.2%Reduced
State of Alaska, Department of Revenue5,297$42.0K0.00%00.0%Unchanged
Covestor Ltd6,042$48.0K0.03%+1,052+21.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)6,529$52.3K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey8,426$67.5K0.00%00.0%Unchanged
Advisory Services Network, LLC10,000$80.1K0.00%00.0%Unchanged
Two Sigma Investments, LP10,394$83.3K0.00%−25,000−70.6%Reduced
Zacks Investment Management10,400$83.3K0.00%00.0%Unchanged
Tripletail Wealth Management, LLC11,630$84.1K0.11%+4,460+62.2%Added
KLP Kapitalforvaltning AS10,800$86.5K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The11,377$91.1K0.00%−1,352−10.6%Reduced
AdvisorShares Investments LLC11,820$94.7K0.02%+1,798+17.9%Added
Two Sigma Advisers, LP12,100$96.9K0.00%+12,100New
Intech Investment Management LLC12,144$97.3K0.00%−1,837−13.1%Reduced
Janus Henderson Group PLC13,295$106.6K0.00%00.0%Unchanged
Clear Harbor Asset Management, LLC14,000$112.1K0.01%+14,000New
Mariner, LLC14,599$116.9K0.00%−7,582−34.2%Reduced
Mercer Global Advisors Inc14,675$117.5K0.00%+14,675New
SG Americas Securities, LLC14,874$119.0K0.00%−4,713−24.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.14,903$119.4K0.00%−171−1.1%Reduced
Harbor Advisors LLC15,000$120.2K0.02%00.0%Unchanged
MetLife Investment Management17,475$140.0K0.00%−931−5.1%Reduced
Procyon Private Wealth Partners, LLC18,845$150.9K0.01%+18,845New
FMR LLC20,101$161.0K0.00%+15,902+378.7%Added
SRS Capital Advisors, Inc.20,884$167.3K0.00%+437+2.1%Added
Millennium Management LLC20,897$167.4K0.00%+20,897New
Price T Rowe Associates Inc21,054$169.0K0.00%+4,706+28.8%Added
STRS Ohio21,500$172.2K0.00%00.0%Unchanged
Bailard, Inc.24,797$198.6K0.00%−15,100−37.8%Reduced
State of Wyoming25,666$205.6K0.02%+25,666New
Verition Fund Management LLC26,740$214.2K0.00%00.0%Unchanged
Parallax Volatility Advisers, L.P.26,843$215.0K0.01%+1,860+7.4%Added
Bank of America Corp29,758$238.4K0.00%−81,465−73.2%Reduced
Exchange Traded Concepts, LLC30,696$245.9K0.00%−1,173−3.7%Reduced
Canada Pension Plan Investment Board32,300$258.7K0.00%+32,300New
California State Teachers Retirement System32,306$258.8K0.00%−409−1.3%Reduced
State Board of Administration of Florida Retirement System33,151$265.5K0.00%−68,433−67.4%Reduced
Deutsche Bank AG33,634$269.4K0.00%+1,526+4.8%Added
Wells Fargo & Company36,031$288.6K0.00%+11,390+46.2%Added
Citigroup Inc40,826$327.0K0.00%+38,293+1,511.8%Added
Rhumbline Advisers40,896$327.6K0.00%−5,730−12.3%Reduced
LPL Financial LLC42,518$340.6K0.00%+673+1.6%Added
Alliancebernstein L.P.44,500$356.4K0.00%00.0%Unchanged
Crestmont Private Wealth LLC46,260$370.5K0.12%−31,456−40.5%Reduced
Itau Unibanco Holding S.A.47,000$381.1K0.01%+24,504+108.9%Added
Barclays PLC51,503$412.5K0.00%+6,187+13.7%Added
Fuller & Thaler Asset Management, Inc.55,930$448.0K0.00%+55,930New
Caxton Associates LLP56,146$449.7K0.01%+32,384+136.3%Added
CWM Advisors, LLC58,219$466.3K0.04%+3,788+7.0%Added
Capelight Capital Asset Management LP60,000$480.6K0.48%+60,000New
Tudor Investment Corp Et Al60,917$487.9K0.00%−230,986−79.1%Reduced
Walleye Trading LLC61,786$494.9K0.01%+51,808+519.2%Added
Quantinno Capital Management LP64,022$512.8K0.00%+31,658+97.8%Added
Pekin Hardy Strauss, Inc.64,500$516.6K0.05%+64,500New
Nuveen, LLC66,422$532.0K0.00%00.0%Unchanged
Swiss National Bank67,100$537.5K0.00%00.0%Unchanged
Invesco Ltd.70,385$563.8K0.00%+11,793+20.1%Added
JPMorgan Chase & Co76,181$610.2K0.00%+6,013+8.6%Added
Squarepoint Ops LLC82,012$656.9K0.00%+82,012New
Simplex Trading, LLC84,008$672.9K0.02%+39,691+89.6%Added
BNP Paribas Arbitrage, SA88,457$708.5K0.00%+69,728+372.3%Added
Jane Street Group, LLC88,845$711.6K0.00%+6,691+8.1%Added
Morgan Stanley99,333$795.7K0.00%−97,601−49.6%Reduced
Los Angeles Capital Management LLC105,126$801.1K0.00%+43,315+70.1%Added
UBS Asset Management Americas Inc101,416$812.3K0.00%00.0%Unchanged
AQR Capital Management LLC103,736$830.9K0.00%+18,946+22.3%Added
Equitable Trust Co104,366$836.0K0.04%+1,000+1.0%Added