New Positions
22 managers initiated
Top five by reported value
Target Hospitality Corp NASDAQ NMS - GLOBAL MARKET:TH
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
22 new47 added69 reduced15 exited
Total Institutional Holders
138
as of 2025-12-31
Top Holder
Private Capital Management, LLC
$36.1M
Largest QoQ Increase
71 West Capital Partners
+892,322 sh
Largest QoQ Decrease
Appian Way Asset Management LP
-1,360,609 sh
New Positions(22)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| 71 West Capital Partners | 892,322 | +892,322 | $7.1M | +$7.1M | — |
| LONESTAR CAPITAL MANAGEMENT LLC | 500,000 | +500,000 | $4.0M | +$4.0M | — |
| ROYCE & ASSOCIATES LP | 349,723 | +349,723 | $2.8M | +$2.8M | — |
| FIRST SABREPOINT CAPITAL MANAGEMENT LP | 150,000 | +150,000 | $1.2M | +$1.2M | — |
| Pekin Hardy Strauss, Inc. | 64,500 | +64,500 | $516.6K | +$516.6K | — |
| Capelight Capital Asset Management LP | 60,000 | +60,000 | $480.6K | +$480.6K | — |
| FULLER & THALER ASSET MANAGEMENT, INC. | 55,930 | +55,930 | $448.0K | +$448.0K | — |
| CANADA PENSION PLAN INVESTMENT BOARD | 32,300 | +32,300 | $258.7K | +$258.7K | — |
| Saranac Partners Ltd | 29,999 | +29,999 | $254.4K | +$254.4K | — |
| State of Wyoming | 25,666 | +25,666 | $205.6K | +$205.6K | — |
| MILLENNIUM MANAGEMENT LLC | 20,897 | +20,897 | $167.4K | +$167.4K | — |
| Procyon Advisors, LLC | 18,845 | +18,845 | $150.9K | +$150.9K | — |
| MERCER GLOBAL ADVISORS INC /ADV | 14,675 | +14,675 | $117.5K | +$117.5K | — |
| Clear Harbor Asset Management, LLC | 14,000 | +14,000 | $112.1K | +$112.1K | — |
| Sanctuary Advisors, LLC | 11,526 | +11,526 | $97.7K | +$97.7K | — |
| TWO SIGMA ADVISERS, LP | 12,100 | +12,100 | $96.9K | +$96.9K | — |
| IFP Advisors, Inc | 6,102 | +6,102 | $50.8K | +$50.8K | — |
| Allworth Financial LP | 750 | +750 | $6.0K | +$6.0K | — |
| Crewe Advisors LLC | 200 | +200 | $1.6K | +$1.6K | — |
| Marquette Asset Management, LLC | 68 | +68 | $545 | +$545 | — |
| ROTHSCHILD INVESTMENT LLC | 15 | +15 | $120 | +$120 | — |
| FNY Investment Advisers, LLC | 3,020 | +3,020 | $24 | +$24 | — |
Added To(47)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Philadelphia Financial Management of San Francisco, LLC | 3,304,424 | +806,755 | $26.5M | +$5.3M | 32.3% |
| Philosophy Capital Management LLC | 650,364 | +285,338 | $5.2M | +$2.1M | 78.2% |
| BlackRock, Inc. | 2,612,793 | +33,900 | $20.9M | -$940.5K | 1.3% |
| DIMENSIONAL FUND ADVISORS LP | 1,176,561 | +171,324 | $9.4M | +$898.9K | 17.0% |
| HighTower Advisors, LLC | 1,603,648 | +7 | $12.8M | -$753.7K | 0.0% |
| Squarepoint Ops LLC | 172,112 | +93,012 | $1.4M | +$707.8K | 117.6% |
| Legal & General Group Plc | 106,068 | +89,003 | $849.6K | +$704.9K | 521.5% |
| SIMPLEX TRADING, LLC | 84,008 | +39,691 | $672.9K | +$672.5K | 89.6% |
| Kore Advisors LP | 425,213 | +100,418 | $3.4M | +$651.7K | 30.9% |
| BNP PARIBAS ARBITRAGE, SNC | 88,457 | +69,728 | $708.5K | +$549.7K | 372.3% |
| GOLDMAN SACHS GROUP INC | 224,296 | +67,388 | $1.8M | +$466.0K | 42.9% |
| Empowered Funds, LLC | 216,340 | +55,046 | $1.7M | +$365.1K | 34.1% |
| GROUP ONE TRADING, L.P. | 161,892 | +50,171 | $1.3M | +$349.4K | 44.9% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 296,340 | +55,046 | $2.4M | +$327.5K | 22.8% |
| D. E. Shaw & Co., Inc. | 124,315 | +44,869 | $995.8K | +$322.1K | 56.5% |
| CITIGROUP INC | 40,826 | +38,293 | $327.0K | +$305.5K | 1511.8% |
| Y-Intercept (Hong Kong) Ltd | 163,480 | +42,306 | $1.3M | +$281.9K | 34.9% |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 105,126 | +43,315 | $801.1K | +$276.9K | 70.1% |
| AMERICAN CENTURY COMPANIES INC | 1,080,407 | +91,036 | $8.7M | +$264.2K | 9.2% |
| CAXTON ASSOCIATES LLP | 56,146 | +32,384 | $449.7K | +$248.2K | 136.3% |
| Quantinno Capital Management LP | 64,022 | +31,658 | $512.8K | +$238.4K | 97.8% |
| Itau Unibanco Holding S.A. | 47,000 | +24,504 | $381.1K | +$190.3K | 108.9% |
| BARCLAYS PLC | 75,900 | +30,584 | $540.4K | +$156.1K | 67.5% |
| Walleye Trading LLC | 168,786 | +26,608 | $1.4M | +$146.3K | 18.7% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 273,163 | +260 | $2.2M | -$126.2K | 0.1% |
| FMR LLC | 20,101 | +15,902 | $161.0K | +$125.4K | 378.7% |
| AQR CAPITAL MANAGEMENT LLC | 103,736 | +18,946 | $830.9K | +$111.9K | 22.3% |
| WELLS FARGO & COMPANY/MN | 36,031 | +11,390 | $288.6K | +$79.7K | 46.2% |
| CITADEL ADVISORS LLC | 642,425 | +43,765 | $5.1M | +$69.2K | 7.3% |
| Invesco Ltd. | 70,385 | +11,793 | $563.8K | +$66.9K | 20.1% |
| EQUITABLE TRUST CO | 104,366 | +1,000 | $836.0K | -$40.6K | 1.0% |
| Tripletail Wealth Management, LLC | 11,630 | +4,460 | $84.1K | +$28.7K | 62.2% |
| AlphaQuest LLC | 4,189 | +2,329 | $33.6K | +$17.8K | 125.2% |
| JPMORGAN CHASE & CO | 76,181 | +6,013 | $610.2K | +$15.2K | 8.6% |
| LPL Financial LLC | 42,518 | +673 | $340.6K | -$14.3K | 1.6% |
| AdvisorShares Investments LLC | 11,820 | +1,798 | $94.7K | +$9.7K | 17.9% |
| Caption Management, LLC | 25,356 | +356 | $203.1K | -$8.9K | 1.4% |
| SRS Capital Advisors, Inc. | 20,884 | +437 | $167.3K | -$6.1K | 2.1% |
| Inspire Investing, LLC | 58,219 | +3,788 | $466.3K | +$4.8K | 7.0% |
| DEUTSCHE BANK AG\ | 33,634 | +1,526 | $269.4K | -$2.9K | 4.8% |
| ADVISOR GROUP HOLDINGS, INC. | 363 | +309 | $2.9K | +$2.5K | 572.2% |
| Parallax Volatility Advisers, L.P. | 36,843 | +1,860 | $295.1K | -$1.5K | 5.3% |
| Tower Research Capital LLC (TRC) | 1,890 | +70 | $15.1K | -$295 | 3.8% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 21,054 | +4,706 | $169 | +$30 | 28.8% |
| Covestor Ltd | 6,042 | +1,052 | $48 | +$6 | 21.1% |
| Larson Financial Group LLC | 6 | +1 | $48 | +$6 | 20.0% |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1,240 | +558 | $10 | +$4 | 81.8% |
Reduced(69)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Shay Capital LLC | 782,250 | -348,049 | $6.3M | -$3.3M | -30.8% |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 150,177 | -257,089 | $1.2M | -$2.3M | -63.1% |
| Private Capital Management, LLC | 4,504,638 | -6,390 | $36.1M | -$2.2M | -0.1% |
| TUDOR INVESTMENT CORP ET AL | 60,917 | -230,986 | $487.9K | -$2.0M | -79.1% |
| Royal Bank of Canada | 883 | -234,805 | $7.0K | -$1.6M | -99.6% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 933,131 | -117,958 | $7.5M | -$1.4M | -11.2% |
| VANGUARD GROUP INC | 1,955,135 | -39,506 | $15.7M | -$1.3M | -2.0% |
| Bank of New York Mellon Corp | 120,991 | -118,564 | $969.1K | -$1.1M | -49.5% |
| Rubric Capital Management LP | 2,189,456 | 0 | $17.5M | -$1.0M | 0.0% |
| RENAISSANCE TECHNOLOGIES LLC | 910,424 | -70,700 | $7.3M | -$1.0M | -7.2% |
| MORGAN STANLEY | 99,333 | -97,601 | $795.7K | -$874.3K | -49.6% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 384,336 | -75,164 | $3.1M | -$818.0K | -16.4% |
| BANK OF AMERICA CORP /DE/ | 29,758 | -81,465 | $238.4K | -$704.8K | -73.2% |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 33,151 | -68,433 | $265.5K | -$595.9K | -67.4% |
| STATE STREET CORP | 766,061 | -21,573 | $6.1M | -$543.0K | -2.7% |
| GEODE CAPITAL MANAGEMENT, LLC | 820,096 | -9,227 | $6.6M | -$463.8K | -1.1% |
| NORTHERN TRUST CORP | 262,320 | -37,617 | $2.1M | -$442.3K | -12.5% |
| JANE STREET GROUP, LLC | 182,745 | -32,709 | $1.5M | -$363.3K | -15.2% |
| UBS Group AG | 153,416 | -30,742 | $1.2M | -$332.8K | -16.7% |
| Crestmont Private Wealth LLC | 46,260 | -31,456 | $370.5K | -$288.5K | -40.5% |
| TWO SIGMA INVESTMENTS, LP | 10,394 | -25,000 | $83.3K | -$216.9K | -70.6% |
| BAILARD, INC. | 24,797 | -15,100 | $198.6K | -$139.7K | -37.8% |
| CAPTRUST FINANCIAL ADVISORS | 187,277 | -266 | $1.5M | -$90.3K | -0.1% |
| PDT Partners, LLC | 156,995 | 0 | $1.3M | -$73.8K | 0.0% |
| Mariner, LLC | 14,599 | -7,582 | $116.9K | -$71.2K | -34.2% |
| RHUMBLINE ADVISERS | 40,896 | -5,730 | $327.6K | -$67.8K | -12.3% |
| SummerHaven Investment Management, LLC | 104,725 | 0 | $838.8K | -$49.2K | 0.0% |
| UBS ASSET MANAGEMENT AMERICAS INC | 101,416 | 0 | $812.3K | -$47.7K | 0.0% |
| Swiss National Bank | 67,100 | 0 | $537.5K | -$31.5K | 0.0% |
| Nuveen, LLC | 66,422 | 0 | $532.0K | -$31.2K | 0.0% |
| EXCHANGE TRADED CONCEPTS, LLC | 30,696 | -1,173 | $245.9K | -$24.4K | -3.7% |
| INTECH INVESTMENT MANAGEMENT LLC | 12,144 | -1,837 | $97.3K | -$21.3K | -13.1% |
| ALLIANCEBERNSTEIN L.P. | 44,500 | 0 | $356.4K | -$20.9K | 0.0% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 32,306 | -409 | $258.8K | -$18.7K | -1.3% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 11,377 | -1,352 | $91.1K | -$16.8K | -10.6% |
| MetLife Investment Management, LLC | 17,475 | -931 | $140.0K | -$16.1K | -5.0% |
| Verition Fund Management LLC | 26,740 | 0 | $214.2K | -$12.6K | 0.0% |
| Versant Capital Management, Inc | 3,367 | -1,100 | $27.0K | -$10.9K | -24.6% |
| Caitong International Asset Management Co., Ltd | 1,391 | -1,140 | $11.1K | -$10.3K | -45.0% |
| STRS OHIO | 21,500 | 0 | $172.2K | -$10.1K | 0.0% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 14,903 | -171 | $119.4K | -$8.5K | -1.1% |
| Farther Finance Advisors, LLC | 4 | -856 | $32 | -$7.3K | -99.5% |
| Harbor Advisors LLC | 15,000 | 0 | $120.2K | -$7.0K | 0.0% |
| JANUS HENDERSON GROUP PLC | 13,295 | 0 | $106.6K | -$6.2K | 0.0% |
| KLP KAPITALFORVALTNING AS | 10,800 | 0 | $86.5K | -$5.1K | 0.0% |
| ZACKS INVESTMENT MANAGEMENT | 10,400 | 0 | $83.3K | -$4.9K | 0.0% |
| Advisory Services Network, LLC | 10,000 | 0 | $80.1K | -$4.7K | 0.0% |
| Sterling Capital Management LLC | 1,852 | -365 | $14.8K | -$4.0K | -16.5% |
| Police & Firemen's Retirement System of New Jersey | 8,426 | 0 | $67.5K | -$4.0K | 0.0% |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 6,529 | 0 | $52.3K | -$3.1K | 0.0% |
| SIGNATUREFD, LLC | 388 | -306 | $3.1K | -$2.8K | -44.1% |
| Russell Investments Group, Ltd. | 4,438 | -56 | $35.5K | -$2.6K | -1.2% |
| COOPER CREEK PARTNERS MANAGEMENT LLC | 726,473 | -242,784 | $5.8K | -$2.4K | -25.0% |
| Ameritas Investment Partners, Inc. | 3,084 | 0 | $24.7K | -$1.4K | 0.0% |
| GAMMA Investing LLC | 92 | -110 | $737 | -$976 | -54.5% |
| EverSource Wealth Advisors, LLC | 111 | -66 | $889 | -$612 | -37.3% |
| NISA INVESTMENT ADVISORS, LLC | 1,122 | 0 | $9.0K | -$528 | 0.0% |
| Parallel Advisors, LLC | 67 | -54 | $537 | -$489 | -44.6% |
| WealthCollab, LLC | 405 | 0 | $3.2K | -$190 | 0.0% |
| US BANCORP \DE\ | 286 | 0 | $2.3K | -$134 | 0.0% |
| SG Americas Securities, LLC | 14,874 | -4,713 | $119 | -$47 | -24.1% |
| True Wealth Design, LLC | 54 | -1 | $433 | -$34 | -1.8% |
| Optiver Holding B.V. | 30 | 0 | $240 | -$14 | 0.0% |
| CWM, LLC | 1,330 | -688 | $11 | -$6 | -34.1% |
| GREAT WEST LIFE ASSURANCE CO /CAN/ | 3,827 | 0 | $31 | -$2 | 0.0% |
| State of Alaska, Department of Revenue | 5,297 | 0 | $42 | -$2 | 0.0% |
| AMALGAMATED BANK | 1,010 | -45 | $8 | -$1 | -4.3% |
| SBI Securities Co., Ltd. | 3 | 0 | $24 | -$1 | 0.0% |
| HARBOR CAPITAL ADVISORS, INC. | 1,452 | -25 | $12 | -$1 | -1.7% |
Sold Out(15)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Appian Way Asset Management LP | 0 | -1,360,609 | $0 | -$11.5M | — |
| NEW YORK STATE COMMON RETIREMENT FUND | 0 | -163,031 | $0 | -$1.8M | — |
| Brooklyn Investment Group | 0 | -83,578 | $0 | -$636.4K | — |
| FOX RUN MANAGEMENT, L.L.C. | 0 | -23,380 | $0 | -$198.3K | — |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | -21,195 | $0 | -$179.7K | — |
| MOORE CAPITAL MANAGEMENT, LP | 0 | -20,000 | $0 | -$169.6K | — |
| Gotham Asset Management, LLC | 0 | -16,935 | $0 | -$143.6K | — |
| STATE OF WISCONSIN INVESTMENT BOARD | 0 | -13,917 | $0 | -$118.0K | — |
| FourThought Financial Partners, LLC | 0 | -11,247 | $0 | -$95.4K | — |
| Arizona State Retirement System | 0 | -10,279 | $0 | -$87.2K | — |
| Clearstead Advisors, LLC | 0 | -138 | $0 | -$1.2K | — |
| Quarry LP | 0 | -138 | $0 | -$1.2K | — |
| Clear Street Group Inc. | 0 | -100 | $0 | -$848 | — |
| Sunbelt Securities, Inc. | 0 | -7 | $0 | -$59 | — |
| Tortoise Investment Management, LLC | 0 | -1 | $0 | -$8 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
New & Closed Positions this quarter
Closed Positions
15 managers exited
Top five by prior-quarter value
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for TH against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.