TH International Ltd (THCH) Institutional Ownership

Ownership Summary

A total of 12 institutions have reported a stake in TH International Ltd (NASDAQ:THCH) as of December 2025, according to recent 13F filings with the SEC.

• Institutional ownership in TH International edged down to 68.9% in December 2025, compared to 74.5% in September 2025.
• Institutional share ownership changed by -0.58% QoQ, while the number of institutional owners saw a decrease of 45.45% YoY.
• During the quarter, 1 institutions bought more TH International shares, 3 sold shares, and 8 of the 12 total investors held their position steady.
• This class of investors decreased its holdings in TH International to 3.13Mn shares for the 13F-cycle ending December 2025, down by 18.23K shares quarter on quarter, and down 12.52Mn shares year over year.
• HSG Holding Ltd continues to be the largest institutional holder of TH International as of December 31, 2025, with a position of 2.90Mn shares, representing 63.80% of the company's outstanding stock.
• Among the most significant buyers of TH International during December 2025 were CITADEL ADVISORS LLC (15.28K).
• Leading sellers of TH International stock in December 2025 included UBS Group AG (21.66K), LMR Partners LLP (8.46K), SUSQUEHANNA INTERNATIONAL GROUP, LLP (3.39K).
• The top 10 institutional holders of TH International for the quarter ending December 2025 included HSG Holding Ltd (2.90Mn), SONA ASSET MANAGEMENT (US) LLC (100.00K), CITADEL ADVISORS LLC (42.31K), SUSQUEHANNA INTERNATIONAL GROUP, LLP (26.35K), LMR Partners LLP (21.73K), GEODE CAPITAL MANAGEMENT, LLC (18.72K), Shaolin Capital Management LLC (12.60K), ROYAL BANK OF CANADA (6.00K), Groupe la Francaise (1.43K), CREDIT INDUSTRIEL ET COMMERCIAL (856).