TH International Limited (THCH) Ownership

NASDAQ: THCHTop holders, insider trades and short interest.

THCH ownership summary

as of October 18, 2026
Institutions
58.8%
of shares outstanding
Insiders
12.38%
of shares outstanding
Shares outstanding
32.0M
Float
8.7M
shares available to trade
Short interest
0.12%
13K shares short
Days to cover
2.50
short interest down 59.3% vs prior month
  • Institutions 58.76%
  • Insiders 12.38%
  • Other investors 28.86%

THCH top institutional holders

14 largest
TH International Limited top institutional holders
#Holder% of sharesSharesValueChangeReported
1HSG Holding Ltd9.05%2.9M$2.9M—June 30, 2026
2Zazove Associates LLC0.63%200K$200,281−236,595 (−54.2%)June 30, 2026
3SONA ASSET MANAGEMENT (US) LLC0.31%100K$100,000—June 30, 2026
4Citadel Advisors Llc0.19%61K$60,526+4,873 (+8.8%)June 30, 2026
5Susquehanna International Group, LLP0.10%33K$32,705+7,838 (+31.5%)June 30, 2026
6LMR Partners LLP0.07%22K$21,727—June 30, 2026
7Neuberger Berman Group LLC0.06%20K$19,937—June 30, 2026
8Geode Capital Management, LLC0.06%19K$18,716—June 30, 2026
9TWO SIGMA SECURITIES, LLC0.05%17K$17,182+17,182 (0.0%)June 30, 2026
10Royal Bank of Canada0.02%6,000$6,000—June 30, 2026
11Integrated Wealth Concepts LLC<0.01%508$508+508 (0.0%)June 30, 2026
12UBS Group AG<0.01%200$200−8 (−3.8%)June 30, 2026
13JPMorgan Chase & Co<0.01%96$96—June 30, 2026
14Shaolin Capital Management LLC0.00%——−12,599 (−100.0%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 14, 4 holders added 30K shares and 3 cut 249K.

THCH top mutual fund and ETF holders

3 largest
TH International Limited top fund holders
#Holder% of sharesSharesValueChangeReported
1Fidelity Nasdaq Composite Index0.06%19K$18,716—August 31, 2026
2Stork Fund Dynamic MultiStrategies O EUR<0.01%708$708+6 (+0.9%)June 30, 2026
3Cigogne UCITS M&A Arbitrage C1<0.01%571$571—March 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

THCH shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns THCH

Institutional investors own 58.8% of TH International's shares and insiders 12.38%. The largest holder is HSG Holding Ltd with 9.05% of the shares (2.9M), as of June 30, 2026. Among the top 14 institutions, 4 added shares and 3 reduced their stake in the latest filings. Short interest is 0.12% of the float, or 2.50 days of average trading volume. The share count rose 20.8% since 2019.

Related: THCH analyst forecast, THCH key metrics. See the THCH stock overview for the latest quote and news.

THCH ownership FAQ

Who owns the most TH International stock?

The largest shareholders of TH International are HSG Holding Ltd (9.05%), Zazove Associates LLC (0.63%), SONA ASSET MANAGEMENT (US) LLC (0.31%), Citadel Advisors Llc (0.19%), Susquehanna International Group, LLP (0.10%).

What percentage of TH International is owned by institutions?

Institutions hold 58.8% of TH International's shares outstanding; insiders hold 12.38%.

Which funds own TH International?

The largest fund holders of TH International are Fidelity Nasdaq Composite Index (0.06%), Stork Fund Dynamic MultiStrategies O EUR (<0.01%), Cigogne UCITS M&A Arbitrage C1 (<0.01%).

What is TH International's short interest?

13K shares of TH International were sold short, 0.12% of the float; at the average daily volume it would take 2.50 days to cover.

How many shares of TH International are outstanding?

TH International has 32.0M shares outstanding, of which 8.7M are in the public float.

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