Target Hospitality Corp.
MX ˙ BMV ˙ US87615L1070
SecurityMX:TH / Target Hospitality Corp.
InstitutionBnp Paribas Arbitrage, Sa
Latest Disclosed Ownership7,624 shares
Latest Disclosed Value $ 70,751
Bnp Paribas Arbitrage, Sa reports 91.38% decrease in ownership of TH / Target Hospitality Corp.

On May 12, 2026 - Bnp Paribas Arbitrage, Sa filed a 13F-HR form disclosing ownership of 7,624 shares of Target Hospitality Corp. (MX:TH) valued at $70,751 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 10, 2026 disclosing 88,457 shares of Target Hospitality Corp.. This represents a change in shares of -91.38% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-12 2026-03-31 13F Target Hospitality Equity 87615L107 7,624 -80,833 -91.38 71 -90.11 0.0000
2026-02-10 2025-12-31 13F Target Hospitality Equity 87615L107 88,457 69,728 372.30 709 348.10 0.0003
2025-11-13 2025-09-30 13F Target Hospitality Equity 87615L107 18,729 15,709 520.17 159 652.38 0.0001
2025-08-14 2025-06-30 13F Target Hospitality Equity 87615L107 3,020 818 37.15 22 50.00 0.0000
2025-05-14 2025-03-31 13F Target Hospitality Equity 87615L107 2,202 -2,580 -53.95 14 -69.57 0.0000
2025-02-14 2024-12-31 13F Target Hospitality Equity 87615L107 4,782 -78,926 -94.29 46 -92.93 0.0000
2024-11-13 2024-09-30 13F Target Hospitality Equity 87615L107 83,708 50,758 154.05 651 127.62 0.0004
2024-08-13 2024-06-30 13F Target Hospitality Equity 87615L107 32,950 -12,281 -27.15 287 -41.75 0.0002
2024-05-01 2024-03-31 13F Target Hospitality Equity 87615L107 45,231 4,161 10.13 492 23.06 0.0004
2024-02-14 2023-12-31 13F/A-2 Target Hospitality Equity 87615L107 41,070 5,623 15.86 400 -29.00 0.0005
2024-02-07 2023-12-31 13F/A-1 Target Hospitality Equity 87615L107 41,070 5,623 400 0.0001
2024-02-07 2023-12-31 13F Target Hospitality Equity 87615L107 41,070 400
2023-11-14 2023-09-30 13F Target Hospitality Equity 87615L107 35,447 15,387 76.70 563 108.92 0.0007
2023-08-09 2023-06-30 13F Target Hospitality Equity 87615L107 20,060 -4,561 -18.52 269 -16.72 0.0003
2023-05-12 2023-03-31 13F TARGET HOSPITALITY EQUITY 87615L107 24,621 14,064 133.22 324 103.14 0.0005
2023-02-14 2022-12-31 13F Target Hospitality Equity 87615L107 10,557 -53,199 -83.44 160 -80.22 0.0002
2022-11-16 2022-09-30 13F/A-1 Target Hospitality Equity 87615L107 63,756 57,790 968.66 805 2,264.71 0.0013
2022-11-15 2022-09-30 13F Target Hospitality Equity 87615L107 63,756 57,790 805 0.0002
2022-08-12 2022-06-30 13F Target Hospitality Equity 87615L107 5,966 -6,318 -51.43 34 -53.42 0.0001
2022-05-18 2022-03-31 13F/A-1 Target Hospitality Equity 87615L107 12,284 -2,685 -17.94 74 37.74 0.0001
2022-02-09 2021-12-31 13F TARGET HOSPITALITY EQUITY 87615L107 14,969 7,230 93.42 53 89.29 0.0001
2021-11-16 2021-09-30 13F/A-1 TARGET HOSPITALITY EQUITY 87615L107 7,739 6,543 547.07 29 600.00 0.0000
2021-11-12 2021-09-30 13F PLATINUM EAGLE ACQUISITION EQUITY 87615L107 6,973 5,777 9 0.0000
2021-08-10 2021-06-30 13F TARGET HOSPITALITY EQUITY 87615L107 1,196 -22,863 -95.03 4 -93.33 0.0000
2021-05-07 2021-03-31 13F TARGET HOSPITALITY EQUITY 87615L107 24,059 4,095 20.51 60 93.55 0.0001
2021-02-10 2020-12-31 13F PLATINUM EAGLE ACQUISITION EQUITY 87615L107 19,964 12,991 186.30 32 287.50 0.0001
2020-10-30 2020-09-30 13F PLATINUM EAGLE ACQUISITION EQUITY 87615L107 6,973 5,760 474.86 9 300.00 0.0000
2020-08-06 2020-06-30 13F PLATINUM EAGLE ACQUISITION EQUITY 87615L107 1,213 -8,815 -87.90 2 -89.47 0.0000
2020-05-13 2020-03-31 13F PLATINUM EAGLE ACQUISITION EQUITY 87615L107 10,028 5,472 120.11 20 -13.64 0.0000
2020-02-12 2019-12-31 13F PLATINUM EAGLE ACQUISITION EQUITY 87615L107 4,556 385 9.23 23 -21.43 0.0000
2019-11-07 2019-09-30 13F PLATINUM EAGLE ACQUISITION EQUITY 87615L107 4,171 4,086 4,807.06 28 0.0001
2019-07-30 2019-06-30 13F PLATINUM EAGLE ACQUISITION EQUITY 87615L107 85 85 1 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.