Institutional HoldersBeta

Who holds a company, from every 13F filed for the quarter, one row per filer exactly as filed, against the latest share count the company reported.

Target Hospitality Corp.

CIK 0001712189TH· quarter ending 2026-06-30

Shares outstanding

99,623,423

as of 2026-08-06 · 10-Q cover page, filed 2026-08-10

Held by 13F filers

50,744,740

50.9% of shares outstanding

Holders

172

+39 vs 2026-03-31 · 54 new, 15 exited

Value

$1.0B

shares +62.7% vs prior quarter

Share classes (cover page of the 10-Q filed 2026-08-10, as of 2026-08-06)

Class	Listed	Shares outstanding	Held by 13F filers	% of class	Holders	CUSIP
Common stock	TH · NASDAQ	99,623,423	50,744,740	50.9%	172	87615L107

Each class is compared with its own share count; classes are not added together. A class that is not exchange-listed cannot be held by 13F filers.

Securities (CUSIPs held in 13F this quarter)

tick to combine

Count	CUSIP	Class (as filers write it)	Holders	Shares held	Class shares	% of class	Value	Options	Mapped via
	87615L107	COM	172	50,744,740	99,623,423	50.9%	$1.0B	7 call / 4 put	13DG	holders →

Totals combine the ticked CUSIPs and update as you tick: common-stock classes by default; preferreds, notes, warrants and depositary shares are listed but not counted. "holders →" shows a single CUSIP on its own. Bonds are held as a principal amount, not shares. Options positions are never counted as holdings. 1 further CUSIPs map to this company (mostly bonds) but no 13F filer held them this quarter.

Top holders (172 of 172 · 87615L107)

change vs 2026-03-31

#	Filer	Shares	% of class	Value	Change
1	Private Capital Management, LLC	3,261,078	3.27%	$66.4M	-1,399,541 (-30.0%)
2	BlackRock, Inc.	3,158,745	3.17%	$64.3M	+674,996 (+27.2%)
3	Ophir Asset Management Pty Ltd	2,690,673	2.70%	$54.8M	NEW
4	Rubric Capital Management LP	2,586,389	2.60%	$52.7M	+396,933 (+18.1%)
5	WESTFIELD CAPITAL MANAGEMENT CO LP	2,103,813	2.11%	$42.8M	NEW
6	COOPER CREEK PARTNERS MANAGEMENT LLC	2,052,485	2.06%	$41.8M	+1,328,866 (+183.6%)
7	HighTower Advisors, LLC	1,842,267	1.85%	$37.5M	+238,280 (+14.9%)
8	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1,841,889	1.85%	$37.5M	+760,808 (+70.4%)
9	Driehaus Capital Management LLC	1,679,925	1.69%	$34.2M	NEW
10	VANGUARD CAPITAL MANAGEMENT LLC	1,525,878	1.53%	$31.1M	+120,337 (+8.6%)
11	Senator Investment Group LP	1,399,345	1.40%	$28.5M	NEW
12	AMERICAN CENTURY COMPANIES INC	1,361,041	1.37%	$27.7M	+191,978 (+16.4%)
13	DIMENSIONAL FUND ADVISORS LP	1,335,450	1.34%	$27.2M	-93,323 (-6.5%)
14	Point72 Asset Management, L.P.	1,190,691	1.20%	$24.2M	NEW
15	GEODE CAPITAL MANAGEMENT, LLC	1,026,191	1.03%	$20.9M	+181,539 (+21.5%)
16	JENNISON ASSOCIATES LLC	938,269	0.94%	$19.1M	NEW
17	71 West Capital Partners	907,322	0.91%	$18.5M	—
18	RENAISSANCE TECHNOLOGIES LLC	885,044	0.89%	$18.0M	-66,258 (-7.0%)
19	STATE STREET CORP	867,734	0.87%	$17.7M	+100,048 (+13.0%)
20	MILLENNIUM MANAGEMENT LLC	795,645	0.80%	$16.2M	+567,317 (+248.5%)
21	TWO SIGMA INVESTMENTS, LP	726,830	0.73%	$14.8M	+633,388 (+677.8%)
22	Qube Research & Technologies Ltd	699,710	0.70%	$14.2M	NEW
23	UBS Group AG	680,223	0.68%	$13.8M	+619,001 (+1011.1%)
24	Hood River Capital Management LLC	673,847	0.68%	$13.7M	NEW
25	KR Capital LP	556,093	0.56%	$11.3M	+418,402 (+303.9%)
26	VANGUARD PORTFOLIO MANAGEMENT LLC	551,826	0.55%	$11.2M	+230,765 (+71.9%)
27	ROYCE & ASSOCIATES LP	523,941	0.53%	$10.7M	—
28	Shay Capital LLC	505,000	0.51%	$10.3M	+55,000 (+12.2%)
29	SEVEN GRAND MANAGERS, LLC	500,000	0.50%	$10.2M	NEW
30	CITADEL ADVISORS LLC	487,692	0.49%	$9.9M	+5,967 (+1.2%)
31	Archon Capital Management LLC	462,422	0.46%	$9.4M	+24,537 (+5.6%)
32	BW Gestao de Investimentos Ltda.	450,000	0.45%	$9.2M	NEW
33	Yaupon Capital Management LP	435,097	0.44%	$8.9M	NEW
34	Kore Advisors LP	433,853	0.44%	$8.8M	-32,202 (-6.9%)
35	LONESTAR CAPITAL MANAGEMENT LLC	433,100	0.43%	$8.8M	+58,100 (+15.5%)
36	D. E. Shaw & Co., Inc.	423,317	0.42%	$8.6M	+357,997 (+548.1%)
37	FIRST SABREPOINT CAPITAL MANAGEMENT LP	420,000	0.42%	$8.6M	-181,777 (-30.2%)
38	Bank of New York Mellon Corp	399,789	0.40%	$8.1M	+283,213 (+242.9%)
39	MORGAN STANLEY	362,299	0.36%	$7.4M	+298,776 (+470.3%)
40	Counterpoint Mutual Funds LLC	355,095	0.36%	$7.2M	NEW
41	BANK OF AMERICA CORP /DE/	350,802	0.35%	$7.1M	+219,604 (+167.4%)
42	NORTHERN TRUST CORP	333,229	0.33%	$6.8M	+63,543 (+23.6%)
43	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	289,731	0.29%	$5.9M	+22,749 (+8.5%)
44	FRED ALGER MANAGEMENT, LLC	283,482	0.28%	$5.8M	NEW
45	JANE STREET GROUP, LLC	280,843	0.28%	$5.7M	-325,715 (-53.7%)
46	GROUP ONE TRADING LLC	273,036	0.27%	$5.6M	+127,027 (+87.0%)
47	Nicholas Investment Partners, LP	269,595	0.27%	$5.5M	NEW
48	VANGUARD FIDUCIARY TRUST CO	234,289	0.24%	$4.8M	+20,006 (+9.3%)
49	Informed Momentum Co LLC	188,805	0.19%	$3.8M	NEW
50	CITIGROUP INC	174,747	0.18%	$3.6M	+125,708 (+256.3%)
51	Nuveen, LLC	168,933	0.17%	$3.4M	+102,102 (+152.8%)
52	PRUDENTIAL FINANCIAL INC	165,060	0.17%	$3.4M	NEW
53	BNP PARIBAS FINANCIAL MARKETS	156,748	0.16%	$3.2M	+149,124 (+1956.0%)
54	Burkehill Global Management, LP	150,000	0.15%	$3.1M	NEW
55	Crestmont Private Wealth LLC	146,566	0.15%	$3.0M	—
56	SIMPLEX TRADING, LLC	137,230	0.14%	$2.8M	+55,192 (+67.3%)
57	Squarepoint Ops LLC	132,521	0.13%	$2.7M	+5,852 (+4.6%)
58	Connor, Clark & Lunn Investment Management Ltd.	131,458	0.13%	$2.7M	+58,921 (+81.2%)
59	CAPTRUST FINANCIAL ADVISORS	122,059	0.12%	$2.5M	-55,643 (-31.3%)
60	EQUITABLE TRUST CO	118,972	0.12%	$2.4M	-4,855 (-3.9%)
61	AQR CAPITAL MANAGEMENT LLC	115,110	0.12%	$2.3M	+61,485 (+114.7%)
62	ExodusPoint Capital Management, LP	114,179	0.11%	$2.3M	+103,435 (+962.7%)
63	Centiva Capital, LP	111,672	0.11%	$2.3M	NEW
64	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	104,692	0.11%	$2.1M	+2,634 (+2.6%)
65	Aquatic Capital Management LLC	103,699	0.10%	$2.1M	NEW
66	SummerHaven Investment Management, LLC	94,484	0.09%	$1.9M	—
67	GOLDMAN SACHS GROUP INC	93,522	0.09%	$1.9M	-36,134 (-27.9%)
68	HSBC HOLDINGS PLC	75,108	0.08%	$1.5M	NEW
69	WINTON GROUP Ltd	73,566	0.07%	$1.5M	NEW
70	ANTIPODES PARTNERS Ltd	73,157	0.07%	$1.5M	-48,755 (-40.0%)
71	JPMORGAN CHASE & CO	72,534	0.07%	$1.5M	+34,924 (+92.9%)
72	Legal & General Group Plc	72,490	0.07%	$1.5M	-5,175 (-6.7%)
73	Russell Investments Group, Ltd.	72,333	0.07%	$1.5M	+67,895 (+1529.9%)
74	Invesco Ltd.	70,817	0.07%	$1.4M	-4,609 (-6.1%)
75	Walleye Capital LLC	65,599	0.07%	$1.3M	NEW
76	Swiss National Bank	65,300	0.07%	$1.3M	-1,800 (-2.7%)
77	Calamos Advisors LLC	61,001	0.06%	$1.2M	NEW
78	CREDIT AGRICOLE S A	60,000	0.06%	$1.2M	NEW
79	BRIDGEWAY CAPITAL MANAGEMENT, LLC	55,000	0.06%	$1.1M	-185,028 (-77.1%)
80	Weiss Asset Management LP	54,088	0.05%	$1.1M	NEW
81	Quantinno Capital Management LP	53,556	0.05%	$1.1M	-1,627 (-2.9%)
82	Legato Capital Management LLC	52,918	0.05%	$1.1M	NEW
83	DEUTSCHE BANK AG\	51,489	0.05%	$1.0M	+14,159 (+37.9%)
84	IMC-Chicago, LLC	50,828	0.05%	$1.0M	+39,248 (+338.9%)
85	WELLS FARGO & COMPANY/MN	50,569	0.05%	$1.0M	+38,424 (+316.4%)
86	RHUMBLINE ADVISERS	49,121	0.05%	$1.0M	+9,350 (+23.5%)
87	Vinva Investment Management Ltd	48,222	0.05%	$6.5M	NEW
88	Walleye Trading LLC	45,568	0.05%	$928K	+26,290 (+136.4%)
89	ALLIANCEBERNSTEIN L.P.	43,580	0.04%	$404K	-920 (-2.1%)
90	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	43,050	0.04%	$876K	+10,984 (+34.3%)
91	LPL Financial LLC	42,520	0.04%	$866K	+1,175 (+2.8%)
92	FULLER & THALER ASSET MANAGEMENT, INC.	40,861	0.04%	$832K	-17,069 (-29.5%)
93	STRS OHIO	37,700	0.04%	$768K	+17,600 (+87.6%)
94	PRICE T ROWE ASSOCIATES INC /MD/	33,407	0.03%	$681K	+12,353 (+58.7%)
95	Inspire Investing, LLC	33,300	0.03%	$678K	-22,424 (-40.2%)
96	Vanguard Global Advisers, LLC	32,614	0.03%	$664K	+18,487 (+130.9%)
97	PRINCIPAL FINANCIAL GROUP INC	29,939	0.03%	$610K	NEW
98	STATE OF WISCONSIN INVESTMENT BOARD	28,628	0.03%	$583K	NEW
99	ACADIAN ASSET MANAGEMENT LLC	27,355	0.03%	$556K	+18,280 (+201.4%)
100	US BANCORP \DE\	26,845	0.03%	$547K	+26,500 (+7681.2%)
101	Creative Planning	26,774	0.03%	$545K	+14,995 (+127.3%)
102	VANGUARD ASSET MANAGEMENT, Ltd	26,606	0.03%	$542K	+9,546 (+56.0%)
103	OMERS ADMINISTRATION Corp	26,600	0.03%	$542K	NEW
104	PDT Partners, LLC	25,447	0.03%	$518K	-131,548 (-83.8%)
105	Bleakley Financial Group, LLC	25,033	0.03%	$510K	+14 (+0.1%)
106	MOORE CAPITAL MANAGEMENT, LP	25,000	0.03%	$509K	NEW
107	MetLife Investment Management, LLC	23,885	0.02%	$486K	+10,835 (+83.0%)
108	OP Asset Management Ltd	23,648	0.02%	$481K	NEW
109	Universal- Beteiligungs- und Servicegesellschaft mbH	23,368	0.02%	$476K	NEW
110	MANGROVE PARTNERS IM, LLC	23,334	0.02%	$475K	NEW
111	AXQ CAPITAL, LP	23,145	0.02%	$471K	NEW
112	PEAK6 LLC	22,394	0.02%	$456K	NEW
113	Arax Advisory Partners	21,164	0.02%	$431K	+813 (+4.0%)
114	OCCUDO QUANTITATIVE STRATEGIES LP	20,071	0.02%	$409K	-3,441 (-14.6%)
115	Zurcher Kantonalbank (Zurich Cantonalbank)	19,954	0.02%	$406K	+13,425 (+205.6%)
116	NATIXIS ADVISORS, LLC	19,806	0.02%	$403K	NEW
117	JONES FINANCIAL COMPANIES LLLP	19,779	0.02%	$401K	NEW
118	Procyon Advisors, LLC	18,852	0.02%	$384K	+7 (+0.0%)
119	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	18,648	0.02%	$380K	+3,371 (+22.1%)
120	ANB BANK	17,159	0.02%	$349K	NEW
121	KEYBANK NATIONAL ASSOCIATION/OH	15,202	0.02%	$310K	NEW
122	Jupiter Topco LLC	13,295	0.01%	$270K	NEW
123	NISA INVESTMENT ADVISORS, LLC	12,766	0.01%	$260K	+5,444 (+74.4%)
124	SUSQUEHANNA INTERNATIONAL GROUP, LLP	12,055	0.01%	$245K	-123,716 (-91.1%)
125	Police & Firemen's Retirement System of New Jersey	11,995	0.01%	$244K	+3,569 (+42.4%)
126	MANUFACTURERS LIFE INSURANCE COMPANY, THE	11,798	0.01%	$240K	+1,719 (+17.1%)
127	MERCER GLOBAL ADVISORS INC /ADV	10,967	0.01%	$223K	NEW
128	KLP KAPITALFORVALTNING AS	10,800	0.01%	$220K	—
129	ENVESTNET ASSET MANAGEMENT INC	10,217	0.01%	$208K	NEW
130	Vanguard Investments Australia, Ltd.	10,074	0.01%	$205K	+3,308 (+48.9%)
131	Advisory Services Network, LLC	10,000	0.01%	$204K	—
132	Galaxy Digital Capital Management GP LLC	9,559	0.01%	$195K	+2,365 (+32.9%)
133	State of Wyoming	9,358	0.01%	$191K	-682 (-6.8%)
134	Tripletail Wealth Management, LLC	9,165	0.01%	$169K	-3,985 (-30.3%)
135	BARCLAYS PLC	8,046	0.01%	$164K	+1,862 (+30.1%)
136	LOS ANGELES CAPITAL MANAGEMENT LLC	7,925	0.01%	$161K	NEW
137	Mirae Asset Global Investments Co., Ltd.	6,000	0.01%	$122K	-7,700 (-56.2%)
138	Federation des caisses Desjardins du Quebec	5,572	0.01%	$113K	NEW
139	Tower Research Capital LLC (TRC)	5,409	0.01%	$110K	+3,642 (+206.1%)
140	State of Alaska, Department of Revenue	5,297	0.01%	$107K	—
141	FMR LLC	4,735	0.00%	$96K	-11,186 (-70.3%)
142	CANADA LIFE ASSURANCE Co	3,827	0.00%	$78K	—
143	Ameritas Investment Partners, Inc.	3,691	0.00%	$75K	+607 (+19.7%)
144	Caitong International Asset Management Co., Ltd	3,669	0.00%	$75K	+672 (+22.4%)
145	Versant Capital Management, Inc	3,342	0.00%	$68K	-3 (-0.1%)
146	ROYAL BANK OF CANADA	2,169	0.00%	$44K	+1,721 (+384.2%)
147	IFP Advisors, Inc	1,930	0.00%	$39K	—
148	Quantbot Technologies LP	1,320	0.00%	$27K	+991 (+301.2%)
149	HARBOR CAPITAL ADVISORS, INC.	1,102	0.00%	$22K	-485 (-30.6%)
150	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	852	0.00%	$17K	-732 (-46.2%)
151	Aster Capital Management (DIFC) Ltd	604	0.00%	$12K	NEW
152	Larson Financial Group LLC	523	0.00%	$11K	-130 (-19.9%)
153	OSAIC HOLDINGS, INC.	466	0.00%	$9K	+12 (+2.6%)
154	SIGNATUREFD, LLC	388	0.00%	$8K	—
155	Sterling Capital Management LLC	317	0.00%	$6K	-747 (-70.2%)
156	Clearstead Advisors, LLC	228	0.00%	$5K	NEW
157	GAMMA Investing LLC	171	0.00%	$3K	—
158	BARROW HANLEY MEWHINNEY & STRAUSS LLC	142	0.00%	$3K	NEW
159	Quarry LP	94	0.00%	$2K	NEW
160	Silver Grove Financial Group, Inc.	82	0.00%	$2K	NEW
161	EverSource Wealth Advisors, LLC	74	0.00%	$2K	-56 (-43.1%)
162	True Wealth Design, LLC	54	0.00%	$1K	—
163	Parallel Advisors, LLC	51	0.00%	$1K	NEW
164	Essential Partners LLC	40	0.00%	$814	—
165	Covestor Ltd	36	0.00%	$1K	-6,071 (-99.4%)
166	Physician Wealth Advisors, Inc.	34	0.00%	$693	NEW
167	Allworth Financial LP	34	0.00%	$693	-249 (-88.0%)
168	SHP Wealth Management	25	0.00%	$509	NEW
169	NATIONAL BANK OF CANADA /FI/	23	0.00%	$468	NEW
170	ROTHSCHILD INVESTMENT LLC	13	0.00%	$265	—
171	SBI Securities Co., Ltd.	2	0.00%	$41	—
172	MassMutual Private Wealth & Trust, FSB	0	0.00%	$0	-9 (-100.0%)

Exited since 2026-03-31 (15 filers; largest 15 shown)

Philadelphia Financial Management of San Francisco, LLC	−1,616,642
Empowered Funds, LLC	−185,028
Diametric Capital, LP	−59,324
MIRABELLA FINANCIAL SERVICES LLP	−19,948
CANADA PENSION PLAN INVESTMENT BOARD	−15,800
Harbor Advisors LLC	−15,000
FOX RUN MANAGEMENT, L.L.C.	−14,265
JANUS HENDERSON GROUP PLC	−13,295
Clear Harbor Asset Management, LLC	−11,500
Amundi	−10,912
Boston Partners	−10,163
CWM, LLC	−1,251
Optiver Holding B.V.	−190
MAI Capital Management	−8
Investors Portfolio Services LLC	−5

Large holders from 13D/13G (latest per reporting person, last 2 years)

Filed when a holder crosses 5% or changes materially, so often more current than the quarter-end 13F. Percentages are the filer's own, against the share count they used.

Reporting person	Form	Filed	Event	Shares	% of class
Arrow Holdings S.a.r.l.	SCHEDULE 13D/A	2026-10-05	2026-10-01	12,334,735	12.6%
Gary Lindsay	SCHEDULE 13D/A	2026-10-05	2026-10-01	16,226,363	16.6%
Manjit Dale	SCHEDULE 13D/A	2026-10-05	2026-10-01	16,226,363	16.6%
MFA Global S.a r.l. (in liquidation)	SCHEDULE 13D/A	2026-10-05	2026-10-01	3,891,628	4%
MFA Holding S.a.r.l.	SCHEDULE 13D/A	2026-10-05	2026-10-01	3,891,628	4%
MFA Limited Partnership SLP	SCHEDULE 13D/A	2026-10-05	2026-10-01	3,891,628	4%
Sapphire Holding S.a r.l.	SCHEDULE 13D/A	2026-10-05	2026-10-01	12,334,735	12.6%
TDR Capital II Investments L.P.	SCHEDULE 13D/A	2026-10-05	2026-10-01	16,226,363	16.6%
TDR Capital LLP	SCHEDULE 13D/A	2026-10-05	2026-10-01	16,226,363	16.6%
Thomas Mitchell	SCHEDULE 13D/A	2026-10-05	2026-10-01	16,226,363	16.6%
Private Capital Management, LLC	SCHEDULE 13G/A	2026-07-06	2026-06-30	3,701,815	3.7%

Source: SEC Form 13F-HR information tables for the quarter ending 2026-06-30 (filed within 45 days of quarter end; amendments applied; values normalised to dollars), the share count from the company's latest 10-K/10-Q XBRL cover page, and Schedule 13D/13G filings. Each row is a legal 13F filer as filed — related entities (e.g. Vanguard's advisers) are not merged. Retail brokerage accounts are not reported on 13F, so the remainder is mostly retail and insiders.