What does CUSIP G8656L106 represent in this 13F holders report?

CUSIP G8656L106 is the security identifier for THCH - TH International Ltd - ORDINARY SHARES used to aggregate holder disclosures.

How many institutions held THCH - TH International Ltd - ORDINARY SHARES in Q4 2023?

22 institutional investors reported THCH - TH International Ltd - ORDINARY SHARES for Q4 2023. Use the holders table for investor-level position and value details.

TH International Ltd - ORDINARY SHARES (THCH)

CUSIP: G8656L106

Q4 2023 13F Holders as of 31 Dec 2023

Type / Class: Equity / ORDINARY SHARES
Total 13F shares: 19,724,499
Share change: -970,395
Total reported value: $34,372,538
Put/Call ratio: 0%
Price per share: $1.75
Number of holders: 22
Value change: -$1,707,693
Number of buys: 5
Number of sells: 17

Security key

G8656L106

Report period

Q4 2023

Institutions

Top holders

THCH full security history Newer quarter: Q1 2024 Previous quarter: Q3 2023 TH International Ltd SEC filings TH International Ltd company facts

Broader feeds

Latest 13F filings Latest 13D/G filings Investors directory

Reporting periods

Holder history for CUSIP G8656L106

Newer quarter: Q1 2024 Previous quarter: Q3 2023

Recent filing periods:

Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023

Ownership snapshot

Top shareholders of THCH - TH International Ltd - ORDINARY SHARES (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with the largest verified stakes, then open the linked filing trail.

Lead holder

HSG Holding Ltd

13D/G signal

—

Evidence rows

Latest as of

30 Sep 2023

13F Highest disclosed value: $26,250,488

Holder	Evidence	Ownership %	Position	12M Net Δ	As of
HSG Holding Ltd	13F Company 13F	— class O/S missing	$26,250,488 14,503,032 shares	—	30 Sep 2023
Portolan Capital Management, LLC	13F Company 13F	— class O/S missing	$4,520,674 2,497,610 shares	—	30 Sep 2023
ZAZOVE ASSOCIATES LLC	13F Company 13F	— class O/S missing	$1,975,000 1,091,079 shares	—	30 Sep 2023
CANTOR FITZGERALD, L. P.	13F Individual 13F	— class O/S missing	$1,495,867 826,446 shares	—	30 Sep 2023
SONA ASSET MANAGEMENT (US) LLC	13F Company 13F	— class O/S missing	$905,000 500,000 shares	—	30 Sep 2023
LMR Partners LLP	13F Company 13F	— class O/S missing	$273,181 150,929 shares	—	30 Sep 2023
Invesco Ltd.	13F Company 13F	— class O/S missing	$267,869 147,994 shares	—	30 Sep 2023
Shaolin Capital Management LLC	13F Company 13F	— class O/S missing	$263,000 145,530 shares	—	30 Sep 2023
GEODE CAPITAL MANAGEMENT, LLC	13F Company 13F	— class O/S missing	$246,505 136,191 shares	—	30 Sep 2023
1060 Capital, LLC	13F Company 13F	— class O/S missing	$245,876 135,843 shares	—	30 Sep 2023
SUSQUEHANNA INTERNATIONAL GROUP, LLP	13F Company 13F	— class O/S missing	$121,804 67,295 shares	—	30 Sep 2023
Walleye Capital LLC	13F Company 13F	— class O/S missing	$117,150 64,724 shares	—	30 Sep 2023
GROUP ONE TRADING LLC	13F Company 13F	— class O/S missing	$100,234 55,378 shares	—	30 Sep 2023
JANE STREET GROUP, LLC	13F Company 13F	— class O/S missing	$91,405 50,500 shares	—	30 Sep 2023
SIMPLEX TRADING, LLC	13F Company 13F	— class O/S missing	$88,000 48,825 shares	—	30 Sep 2023
TENOR CAPITAL MANAGEMENT Co., L.P.	13F Company 13F	— class O/S missing	$76,020 42,000 shares	—	30 Sep 2023
HRT FINANCIAL LP	13F Company 13F	— class O/S missing	$71,000 39,635 shares	—	30 Sep 2023
Walleye Trading LLC	13F Company 13F	— class O/S missing	$68,116 37,633 shares	—	30 Sep 2023
Oasis Management Co Ltd.	13F Company 13F	— class O/S missing	$58,101 32,100 shares	—	30 Sep 2023
Covalent Partners LLC	13F Company 13F	— class O/S missing	$47,436 26,208 shares	—	30 Sep 2023
Antara Capital LP	13F Company 13F	— class O/S missing	$43,440 24,000 shares	—	30 Sep 2023
MARSHALL WACE, LLP	13F Company 13F	— class O/S missing	$42,652 23,565 shares	—	30 Sep 2023
KIM, LLC	13F Company 13F	— class O/S missing	$27,150 15,000 shares	—	30 Sep 2023
XTX Topco Ltd	13F Company 13F	— class O/S missing	$27,056 14,948 shares	—	30 Sep 2023
JPMORGAN CHASE & CO	13F Company 13F	— class O/S missing	$16,338 9,026 shares	—	30 Sep 2023
MORGAN STANLEY	13F Company 13F	— class O/S missing	$8,355 4,616 shares	—	30 Sep 2023
UBS Group AG	13F Company 13F	— class O/S missing	$5,441 3,006 shares	—	30 Sep 2023
DEUTSCHE BANK AG\	13F Company 13F	— class O/S missing	$1,622 896 shares	—	30 Sep 2023
Elequin Capital, LP	13F Company 13F	— class O/S missing	$1,602 885 shares	—	30 Sep 2023

How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2023

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions

19,724,499

Rows loaded

Investor	Option	Weight %	Change %	Value $	* Price	Shares	Share Change	Activity	Report Period

Compare Q4 2023 vs Q3 2023 Across Filers

Q3 2023 holders

Q4 2023 holders

Holder diff

-7

Investor	Q3 2023 Shares	Q4 2023 Shares	Share Diff	Share Chg %	Q3 2023 Value $	Q4 2023 Value $	Value Diff $	Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend

Quarterly Value Trend

Quarterly Shares Trend

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.