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TH International Ltd

THCH
Exchange
Nasdaq
Industry
Retail-Eating Places
SEC CIK
0001877333

No open-market purchases or sales by TH International Ltd insiders were filed in the last 90 days; 14 institutions reported holding it in 13F filings for Q2 2026, worth $6.46M in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in TH International Ltd as of Mar 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
17
−4 vs. Q4 2024
Shares held
3.38M
−16.8K (−0.5%) vs. Q4 2024Converted for a 1-for-5 split
Total value
$8.94M
+$7.19M (+410.9%) vs. Q4 2024
New holders
2
2 more added
Sold out
6
2 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting THCH 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 holdersQ1 2025: 17 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 18 institutionsQ4 2022: 16 institutionsQ1 2023: 25 institutionsQ2 2023: 39 institutionsQ3 2023: 30 institutionsQ4 2023: 23 institutionsQ1 2024: 23 institutionsQ2 2024: 23 institutionsQ3 2024: 23 institutionsQ4 2024: 22 institutionsQ1 2025: 17 institutionsQ2 2025: 17 institutionsQ3 2025: 15 institutionsQ4 2025: 13 institutionsQ1 2026: 14 institutionsQ2 2026: 14 institutions
Value heldQ1 2025: $8.94M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $3.74MQ4 2022: $15.7MQ1 2023: $25.0MQ2 2023: $64.3MQ3 2023: $37.5MQ4 2023: $34.4MQ1 2024: $21.9MQ2 2024: $11.9MQ3 2024: $12.1MQ4 2024: $1.75MQ1 2025: $8.94MQ2 2025: $10.0MQ3 2025: $8.31MQ4 2025: $7.58MQ1 2026: $9.07MQ2 2026: $6.46M
Institutions holding THCH and their total value by quarter
QuarterHoldersValue
Q2 202614$6.46M
Q1 202614$9.07M
Q4 202513$7.58M
Q3 202515$8.31M
Q2 202517$10.0M
Q1 202517$8.94M
Q4 202422$1.75M
Q3 202423$12.1M
Q2 202423$11.9M
Q1 202423$21.9M
Q4 202323$34.4M
Q3 202330$37.5M
Q2 202339$64.3M
Q1 202325$25.0M
Q4 202216$15.7M
Q3 202218$3.74M
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding TH International Ltd; share changes are against Q4 2024.

Institutions holding THCH in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
SC China Holding Ltd2,900,606$7.54M0.44%00.0%UnchangedConverted for a 1-for-5 split
Zazove Associates LLC254,426$745.5K0.06%−11,004−4.1%ReducedConverted for a 1-for-5 split
Sona Asset Management (US) LLC100,000$293.0K0.01%00.0%UnchangedConverted for a 1-for-5 split
LMR Partners LLP30,185$88.4K0.00%00.0%UnchangedConverted for a 1-for-5 split
UBS Group AG21,239$62.2K0.00%+15,015+241.3%AddedConverted for a 1-for-5 split
Geode Capital Management, LLC19,509$57.6K0.00%00.0%UnchangedConverted for a 1-for-5 split
Citadel Advisors LLC16,482$48.6K0.00%+4,699+39.9%AddedConverted for a 1-for-5 split
Shaolin Capital Management LLC12,599$36.9K0.00%00.0%UnchangedConverted for a 1-for-5 split
Royal Bank of Canada6,227$18.0K0.00%00.0%UnchangedConverted for a 1-for-5 split
Covalent Partners LLC5,241$15.4K0.12%00.0%UnchangedConverted for a 1-for-5 split
Antara Capital LP4,800$14.1K15.83%00.0%UnchangedConverted for a 1-for-5 split
Simplex Trading, LLC2,310$6.00K0.00%+2,310New
Groupe la Francaise1,427$4.17K0.00%+1,427New
Credit Industriel Et Commercial856$2.52K0.00%00.0%UnchangedConverted for a 1-for-5 split
CIBC Private Wealth Group, LLC700$1.63K0.00%00.0%UnchangedConverted for a 1-for-5 split
JPMorgan Chase & Co96$2830.00%−1−1.2%ReducedConverted for a 1-for-5 split
Morgan Stanley63$1850.00%00.0%UnchangedConverted for a 1-for-5 split
Tenor Capital Management Co., L.P.0$00.00%−8,400−100.0%Sold outConverted for a 1-for-5 split
Amundi0$00.00%−8,618−100.0%Sold outConverted for a 1-for-5 split
Oasis Management Co Ltd.0$00.00%−6,420−100.0%Sold outConverted for a 1-for-5 split
Two Sigma Securities, LLC0$00.00%−3,798−100.0%Sold outConverted for a 1-for-5 split
Scotia Capital Inc.0$00.00%−2,000−100.0%Sold outConverted for a 1-for-5 split
Advisor Group Holdings, Inc.0$00.00%−55−100.0%Sold outConverted for a 1-for-5 split
Cigogne Management SA––––Not filed