$TH

$14.06 +$0.27 (1.96%) Close

$TH Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 99.6M shares outstanding

Who owns TH?

By type of holder

Institutions 50.9% Insiders 49.1% Everyone else 0.0%

Concentration Top 10 holders own 109.0%

Robertson Stephen 75.1% · TDR Capital II Investments L.P. 14.4%

Institutional ownership

50.9%

+19.6 pts vs last qtr

Institutional holders

169

+36 vs last qtr

Net shares bought

+19.5M

by institutions in Q2 2026

New / sold out

53 / 17

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Ophir Asset Management Pty Ltd NEW +2.7M
Westfield Capital Management Co LP NEW +2.1M

Biggest sellers in Q2 2026

Philadelphia Financial Management of San Francisco, LLC SOLD OUT −1.6M
Private Capital Management, LLC −1.4M

Who is planning to sell?

Notices of proposed sale, last 12 months

$203M

3 notices from 3 people

Shares covered

11.0M

11.07% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Arrow Holdings S.a.r.l. 10% stockholder $154M
MFA Global S.a.r.l. 10% stockholder $48.5M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2019–FY2025

+5.3%

+0.87% a year

Each share's claim on the business

−5.0%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$57.1M vs $55.7M

over 7 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years29% 3–5 years15% 1–3 years16% Under 1 year40%

Quarterly turnover

46.5%

of institutional shares changed hands

Top 10 managers, median time held

3 years

Super Investors

Investment managers reporting TH on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
PC Private Capital Management, LLC	3.3M	3.27%	−1.4M (−30.0%)	≤2021	5.8%
Shares held by quarter Peak holding5.1M (Q3'24) Change over 8 quarters−1.9M Share of the company3.270% Private Capital Management, LLC's full portfolio →
B BlackRock, Inc.	3.2M	3.17%	+675.0K (+27.2%)	≤2021	0.0%
Shares held by quarter Peak holding3.2M (Q2'26) Change over 8 quarters+646.2K Share of the company3.170% BlackRock, Inc.'s full portfolio →

Private Capital Management, LLC

3.3M

% of company

3.27%

Change vs last qtr

−1.4M (−30.0%)

Held since

≤2021

BlackRock, Inc.

3.2M

% of company

3.17%

Change vs last qtr

+675.0K (+27.2%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Target Hospitality Corp., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting TH on Form N-PORT; together they hold 13.1% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$22.7M	1.1M	1.12%	0.00%	June 30, 2026
HS Harbor Small Cap Growth Fund Harbor Funds	$22.1M	1.5M	1.46%	0.83%	July 31, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$22.7M

% of company

1.12%

% of the fund

0.00%

As of

June 30, 2026

Harbor Small Cap Growth Fund

Harbor Funds

Position value

$22.1M

% of company

1.46%

% of the fund

0.83%

As of

July 31, 2026

23 more funds behind a free account

See every fund holding Target Hospitality Corp. and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
RS Robertson Stephen Insider	74.8M	75.07%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company75.070% Robertson Stephen's insider activity →
TC TDR Capital II Investments L.P. 5%+ holder 13D · 14.6%	14.3M	14.36%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company14.360% Disclosed stake13D · 14.6% View the 13D/G filing →

Robertson Stephen

Insider

74.8M

% of company

75.07%

Change vs last qtr

—

Held since

—

TDR Capital II Investments L.P.

5%+ holder13D · 14.6%

14.3M

% of company

14.36%

Change vs last qtr

—

Held since

—

1 more holders behind a free account

See every insider and 5%+ holder of Target Hospitality Corp..

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