Who owns THO (THO)
Which tracked institutional funds hold THO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See THO company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on THO is one-sided between 2025-Q4 and 2026-Q1: 49 added or opened and 151 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
THO’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes THO more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in THO divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 414 tracked filers holding THO, 194 increased or opened the position and 216 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in THO between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 20
- VANGUARD PORTFOLIO MANAGEMENT LLC$211M
- VANGUARD CAPITAL MANAGEMENT LLC$181M
- VANGUARD FIDUCIARY TRUST CO$26M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$5M
- XTX Topco Ltd$4M
- Qube Research & Technologies Ltd$4M
Full exits 27
- VANGUARD GROUP INC$529M
- Driehaus Capital Management LLC$44M
- Alyeska Investment Group, L.P.$8M
- Brandywine Global Investment Management, LLC$8M
- LANDSCAPE CAPITAL MANAGEMENT, L.L.C.$4M
- WELLINGTON MANAGEMENT GROUP LLP$3M
Largest adds
- JONES FINANCIAL COMPANIES LLLP$49M
- NORGES BANK$22M
- UBS Group AG$21M
- Maple Rock Capital Partners Inc.$19M
- BARCLAYS PLC$12M
- ENVESTNET ASSET MANAGEMENT INC$10M
Largest trims
- BlackRock, Inc.$248M
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$139M
- BALYASNY ASSET MANAGEMENT L.P.$79M
- CITADEL ADVISORS LLC$65M
- TIMUCUAN ASSET MANAGEMENT INC/FL$63M
- DIMENSIONAL FUND ADVISORS LP$62M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ACR Alpine Capital Research, LLC added | 4,903,124 | $392M | 8.1% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 4,289,725 | $343M | 7.1% | 2026-Q1 |
| Life Cycle Investment Partners Ltd added | 3,274,505 | $262M | 5.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 3,146,574 | $251M | 5.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 2,819,141 | $225M | 4.7% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,644,657 | $211M | 4.4% | 2026-Q1 |
| TIMUCUAN ASSET MANAGEMENT INC/FL trimmed | 2,551,474 | $204M | 4.2% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,270,181 | $181M | 3.8% | 2026-Q1 |
| STATE STREET CORP added | 1,645,636 | $131M | 2.7% | 2026-Q1 |
| Capital Research Global Investors trimmed | 1,548,591 | $124M | 2.6% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,363,786 | $107M | 2.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 993,553 | $79M | 1.6% | 2026-Q1 |
| Madison Asset Management, LLC trimmed | 964,776 | $77M | 1.6% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 962,996 | $77M | 1.6% | 2026-Q1 |
| HARRIS ASSOCIATES L P trimmed | 962,577 | $77M | 1.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 904,821 | $72M | 1.5% | 2026-Q1 |
| OPPENHEIMER ASSET MANAGEMENT INC. added | 740,948 | $59M | 1.2% | 2026-Q1 |
| MORGAN STANLEY trimmed | 680,452 | $54M | 1.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 678,065 | $54M | 1.1% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 636,621 | $51M | 1.1% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 620,925 | $49M | 1.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 582,021 | $46M | 1.0% | 2026-Q1 |
| UBS Group AG added | 557,170 | $45M | 0.9% | 2026-Q1 |
| NORGES BANK added | 572,079 | $43M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP added | 466,668 | $37M | 0.8% | 2026-Q1 |
| Maple Rock Capital Partners Inc. added | 461,864 | $37M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 416,678 | $33M | 0.7% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 404,407 | $32M | 0.7% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 401,910 | $32M | 0.7% | 2026-Q1 |
| CHOREO, LLC trimmed | 393,320 | $31M | 0.7% | 2026-Q1 |
| DEPRINCE RACE & ZOLLO INC trimmed | 357,976 | $29M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 350,039 | $28M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 326,480 | $26M | 0.5% | 2026-Q1 |
| BBFIT INVESTMENTS PTE LTD | 263,716 | $21M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 245,200 | $20M | 0.4% | 2026-Q1 |
| BARCLAYS PLC added | 242,681 | $19M | 0.4% | 2026-Q1 |
| ROYAL LONDON ASSET MANAGEMENT LTD trimmed | 239,394 | $19M | 0.4% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 218,891 | $17M | 0.4% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 209,172 | $17M | 0.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 205,935 | $16M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 205,438 | $16M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 189,887 | $15M | 0.3% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 184,831 | $15M | 0.3% | 2026-Q1 |
| HEARTLAND ADVISORS INC added | 183,540 | $15M | 0.3% | 2026-Q1 |
| VALUE HOLDINGS MANAGEMENT CO. LLC trimmed | 180,484 | $14M | 0.3% | 2026-Q1 |
| Gotham Asset Management, LLC trimmed | 172,361 | $14M | 0.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 171,358 | $14M | 0.3% | 2026-Q1 |
| Triad Investment Management added | 132,198 | $13M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 151,185 | $12M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 144,797 | $12M | 0.2% | 2026-Q1 |
| Atria Investments, Inc added | 141,801 | $11M | 0.2% | 2026-Q1 |
| SOUTHERNSUN ASSET MANAGEMENT, LLC trimmed | 131,107 | $10M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 126,564 | $10M | 0.2% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 124,833 | $10M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 121,247 | $10M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 120,083 | $10M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 117,921 | $9M | 0.2% | 2026-Q1 |
| QV Investors Inc. added | 110,406 | $9M | 0.2% | 2026-Q1 |
| Mariner, LLC added | 110,142 | $9M | 0.2% | 2026-Q1 |
| SPROTT INC. added | 105,000 | $8M | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 99,680 | $8M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 99,300 | $8M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 97,759 | $8M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 91,916 | $7M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 84,192 | $7M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 64,748 | $7M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 82,681 | $7M | 0.1% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 79,372 | $6M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 79,345 | $6M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 78,404 | $6M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 75,668 | $6M | 0.1% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 68,412 | $5M | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 68,010 | $5M | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 66,885 | $5M | 0.1% | 2026-Q1 |
| Cerity Partners LLC trimmed | 66,153 | $5M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 65,956 | $5M | 0.1% | 2026-Q1 |
| Hosking Partners LLP | 64,796 | $5M | 0.1% | 2026-Q1 |
| Retirement Systems of Alabama added | 64,778 | $5M | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 62,451 | $5M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 59,237 | $5M | 0.1% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 56,406 | $5M | 0.1% | 2026-Q1 |
| XTX Topco Ltd added | 55,725 | $4M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 54,483 | $4M | 0.1% | 2026-Q1 |
| Salvus Wealth Management, LLC trimmed | 52,656 | $4M | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 51,107 | $4M | 0.1% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd added | 48,386 | $4M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 47,352 | $4M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 5,147,872 | $529M | 11.0% | 2025-Q4 stale |
| Southpoint Capital Advisors LP trimmed | 1,000,000 | $89M | 1.8% | 2025-Q2 stale |
| Candlestick Capital Management LP trimmed | 551,457 | $57M | 1.2% | 2025-Q3 stale |
| Driehaus Capital Management LLC trimmed | 427,944 | $44M | 0.9% | 2025-Q4 stale |
| REINHART PARTNERS, LLC. added | 382,754 | $29M | 0.6% | 2025-Q1 stale |
| NZS Capital, LLC added | 112,845 | $10M | 0.2% | 2025-Q2 stale |
| Trexquant Investment LP trimmed | 93,959 | $10M | 0.2% | 2025-Q3 stale |
| Alyeska Investment Group, L.P. new | 80,050 | $8M | 0.2% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC added | 79,128 | $8M | 0.2% | 2025-Q4 stale |
| WINTON GROUP Ltd added | 57,262 | $6M | 0.1% | 2025-Q3 stale |
| MARSHALL WACE, LLP added | 64,808 | $6M | 0.1% | 2025-Q2 stale |
| 1060 Capital, LLC new | 60,000 | $5M | 0.1% | 2025-Q1 stale |
| Corebridge Financial, Inc. trimmed | 58,768 | $4M | 0.1% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.