TIC SOLUTIONS INC TIC
COM · Common Stock · CUSIP 00510N102
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersHouston, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($33.9k this quarter). Holder counts are more reliable. Shares outstanding: 221.0m as of 2026-03-06, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $6.58. Options: 7 managers hold calls ($13.2m notional), 4 hold puts ($1.2m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2024 | 1 |
| Q1 2025 | 42 |
| Q2 2025 | 85 |
| Q3 2025 | 218 |
| Q4 2025 | 221 |
| Q1 2026 | 216 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2025 | 41 | 1 |
| Q2 2025 | 73 | 27 |
| Q3 2025 | 203 | 23 |
| Q4 2025 | 125 | 103 |
| Q1 2026 | 121 | 100 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $6.3m | $1.3m | 0.20 |
| Q4 2025 | $7.0m | $872.9k | 0.12 |
| Q1 2026 | $13.2m | $1.2m | 0.09 |
Biggest buyers
| Gates Capital Management, Inc. | Added | +7.0m |
| Permian Investment Partners, LP | Added | +2.8m |
| VIKING GLOBAL INVESTORS LP | Added | +1.5m |
| Alyeska Investment Group, L.P. | Added | +1.1m |
| Long Focus Capital Management, LLC | Added | +1.0m |
| Clearline Capital LP | Added | +951.1k |
| REAVES W H & CO INC | Added | +926.2k |
| CITADEL ADVISORS LLC | Added | +580.2k |
| BANK OF AMERICA CORP /DE/ | Added | +458.4k |
| Bank of New York Mellon Corp | Added | +406.3k |
Biggest sellers
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -2.4m |
| Point72 Asset Management, L.P. | Sold out | -1.3m |
| Nishkama Capital, LLC | Sold out | -835.9k |
| Parkwood LLC | Sold out | -791.0k |
| MOORE CAPITAL MANAGEMENT, LP | Reduced | -765.5k |
| WEXFORD CAPITAL LP | Reduced | -412.7k |
| AXON CAPITAL LP | Sold out | -394.2k |
| NewEdge Wealth, LLC | Reduced | -357.6k |
| ROYCE & ASSOCIATES LP | Reduced | -304.0k |
| SONA ASSET MANAGEMENT (US) LLC | Sold out | -300.0k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $10.7m1.6m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $992.3k150.8k shares |
| IMC-Chicago, LLC | New | $523.1k79.5k shares |
| CITIGROUP INC | New | $460.6k70.0k shares |
| SIMPLEX TRADING, LLC | Added | $298.1k45.3k shares |
| CITADEL ADVISORS LLC | Reduced | $175.7k26.7k shares |
| GROUP ONE TRADING LLC | Reduced | $5.3k800 shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $935.7k142.2k shares |
| CITADEL ADVISORS LLC | Reduced | $182.9k27.8k shares |
| IMC-Chicago, LLC | New | $115.2k17.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.5k1.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VIKING GLOBAL INVESTORS LP 13G · exempt (held before listing) filed 2026-05-15 | 16.2% |
| Permian Investment Partners, LP 13G · institution +1.2 pts · filed 2026-04-07 | 9.9% |
| Alyeska Investment Group, L.P. 13G · institution new · filed 2026-02-17 | 9.5% |
| Gates Capital Management, Inc. 13G · institution -1.1 pts · filed 2026-08-14 | 8.8% |
FRANKLIN MARTIN E
13D · may seek influence
-2.9 pts · filed 2026-01-02
Stated purposeItem 4 is hereby amended by the addition of the following: On December 31, 2025, the Issuer declared, and on January 2, 2026, Mariposa Acquisition IX, LLC ("Mariposa") was issued, 668,347 shares of Common Stock by the Issuer (the "2025 Dividend Shares") as a dividend on the Issuer's Series A Preferred Stock. Effective as of January 2, 2026, Mariposa distributed (i) the 2025 Dividend Shares to its members pursuant to its governing documents and (ii) shares of Common Stock previously held by Mariposa (the distribution of the Common Stock, together with the distribution of the 2025 Dividend Shares, the "2026 Distribution"), including 4,851,977 shares of Common Stock to the Martin E. Franklin Revocable Trust (of which Sir Martin E. Franklin ("Sir Martin") is the sole settlor, trustee, and ben… Full filing |
7.0% |
| Progeny 3, Inc. 13G · exempt (held before listing) -5.4 pts · filed 2026-02-09 | 6.9% |
| BlackRock, Inc. 13G · institution new · filed 2025-07-17 | 5.7% |
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $502.6k | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| VIKING GLOBAL INVESTORS LP 0.66% of their portfolio | 35.8m $235.7m | Added +1.5m |
| Permian Investment Partners, LP 15.96% of their portfolio | 21.9m $144.4m | Added +2.8m |
| Gates Capital Management, Inc. 4.96% of their portfolio | 21.9m $143.8m | Added +7.0m |
| Alyeska Investment Group, L.P. 0.35% of their portfolio | 18.8m $123.5m | Added +1.1m |
| Progeny 3, Inc. 5.39% of their portfolio | 15.3m $100.8m | Added +92.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.2m $54.0m | First filing |
| Bank of New York Mellon Corp 0.01% of their portfolio | 5.4m $35.4m | Added +406.3k |
| Jefferies Financial Group Inc. 0.40% of their portfolio | 5.0m $32.9m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.5m $29.5m | Added +145.9k |
| Swedbank AB 0.03% of their portfolio | 4.4m $28.8m | Added +286.0k |
| STATE STREET CORP 0.00% of their portfolio | 4.3m $28.0m | Added +235.0k |
| Clearline Capital LP 2.16% of their portfolio | 4.2m $27.8m | Added +951.1k |
| Long Focus Capital Management, LLC 1.18% of their portfolio | 4.1m $27.0m | Added +1.0m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 3.6m $23.5m | Added +308.8k |
| REAVES W H & CO INC 0.34% of their portfolio | 3.1m $20.2m | Added +926.2k |
| Cercano Management LLC 0.82% of their portfolio | 2.9m $19.1m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.8m $11.8m | Added +231.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.6m $10.6m | Added +75.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.5m $9.7m | Reduced -218.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.3m $8.8m | First filing |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.2m $8.0m | First filing |
| ADW Capital Management, LLC 3.17% of their portfolio | 1.1m $7.3m | Added +3.8k |
| NewEdge Wealth, LLC 0.08% of their portfolio | 1.0m $6.8m | Reduced -357.6k |
| Bernzott Capital Advisors 2.53% of their portfolio | 803.6k $5.3m | Added +11.1k |
| UBS Group AG 0.00% of their portfolio | 727.5k $4.8m | Reduced -10.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 724.6k $4.8m | Added +580.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 667.5k $4.4m | Added +458.4k |
| SCHWARTZ INVESTMENT COUNSEL INC 0.14% of their portfolio | 607.5k $4.0m | Reduced -205.3k |
| MOORE CAPITAL MANAGEMENT, LP 0.12% of their portfolio | 500.0k $3.3m | Reduced -765.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 445.7k $3.0m | Added +309.6k |
| Man Group plc 0.01% of their portfolio | 439.6k $2.9m | Added +112.2k |
| ROYCE & ASSOCIATES LP 0.03% of their portfolio | 408.0k $2.7m | Reduced -304.0k |
| MORGAN STANLEY 0.00% of their portfolio | 403.5k $2.7m | Reduced -141.5k |
| ARDSLEY ADVISORY PARTNERS LP 0.38% of their portfolio | 375.0k $2.5m | Added +225.0k |
| Nuveen, LLC 0.00% of their portfolio | 342.6k $2.3m | Added +1.4k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 318.7k $2.1m | Added +13.9k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.04% of their portfolio | 296.0k $1.9m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 282.0k $1.9m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 271.2k $1.8m | Added +9.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 246.9k $1.6m | New |
| Invesco Ltd. 0.00% of their portfolio | 246.5k $1.6m | Added +129.6k |
| State of Wyoming 0.19% of their portfolio | 245.0k $1.6m | Added +36.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 241.2k $1.6m | Added +3.7k |
| EntryPoint Capital, LLC 0.45% of their portfolio | 233.5k $1.5m | Added +211.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 223.0k $1.5m | Unchanged |
| LANARK FINANCIAL, INC. 0.11% of their portfolio | 221.0k $1.5m | Added +559 |
| Advisors Asset Management, Inc. 0.02% of their portfolio | 214.4k $1.4m | Reduced -3.2k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 202.0k $1.3m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 193.8k $2.0m | Reduced -1.3k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 192.0k $1.3m | New |
| WEXFORD CAPITAL LP 0.21% of their portfolio | 189.7k $1.2m | Reduced -412.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 189.1k $1.2m | Added +49.8k |
| Corient Private Wealth LP 0.00% of their portfolio | 184.0k $1.2m | Reduced -35.0k |
| Quantinno Capital Management LP 0.00% of their portfolio | 177.1k $1.2m | Added +152.0k |
| Cruiser Capital Advisors, LLC 0.60% of their portfolio | 172.7k $1.1m | Reduced -57.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 170.8k $1.1m | Added +19.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 144.6k $952.0k | Added +32.0k |
| Expect Equity LLC 0.67% of their portfolio | 131.9k $867.8k | Added +40.9k |
| Caprock Group, LLC 0.02% of their portfolio | 127.9k $841.8k | Reduced -944 |
| WOODSTOCK CORP 0.07% of their portfolio | 124.9k $821.6k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 122.7k $807.5k | Reduced -27.0k |
| Jump Financial, LLC 0.01% of their portfolio | 118.8k $782.0k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 111.4k $732.7k | Added +552 |
| MATAURO, LLC 0.10% of their portfolio | 109.8k $722.4k | New |
| K2 PRINCIPAL FUND, L.P. 0.07% of their portfolio | 106.9k $703.5k | Reduced -8.4k |
| DNB Asset Management AS 0.00% of their portfolio | 102.6k $675.2k | Added +35.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 96.7k $636.3k | First filing |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 94.9k $624.4k | Added +2.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 94.7k $623.1k | Added +3.0k |
| Quantbot Technologies LP 0.03% of their portfolio | 94.5k $621.5k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 90.5k $595.8k | Reduced -722 |
| Carlson Capital, L.P. 0.23% of their portfolio | 87.0k $572.5k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 86.8k $570.8k | Reduced -4.2k |
| Mount Lucas Management LP 0.19% of their portfolio | 80.0k $526.4k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 78.1k $513.9k | Reduced -163.7k |
| Twin Securities, Inc. 0.25% of their portfolio | 77.3k $508.9k | Unchanged |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 73.0k $480.3k | Added +28.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 71.6k $471.4k | First filing |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 69.7k $458.3k | Added +16.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 68.8k $452.7k | Reduced -89.3k |
| FORMULA GROWTH LTD 0.20% of their portfolio | 68.0k $447.3k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 65.0k $428.0k | Reduced -71.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 63.0k $414.3k | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 62.1k $408.3k | New |
| Diametric Capital, LP 0.11% of their portfolio | 61.2k $402.9k | Reduced -9.6k |
| Golden State Wealth Management, LLC 0.04% of their portfolio | 59.9k $394.3k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 58.4k $384.1k | Added +2.0k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 58.2k $383.3k | Added +27.7k |
| Mariner, LLC 0.00% of their portfolio | 56.0k $368.3k | Added +11.5k |
| Linden Thomas Advisory Services, LLC 0.04% of their portfolio | 55.2k $363.4k | Added +319 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 54.1k $355.5k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 52.8k $347.4k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 52.2k $343.2k | Added +24.2k |
| Squarepoint Ops LLC 0.00% of their portfolio | 48.6k $319.5k | New |
| FMR LLC 0.00% of their portfolio | 45.2k $297.2k | Added +31.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 45.1k $296.9k | Reduced -26.1k |
| Alpine Global Management, LLC 0.05% of their portfolio | 45.0k $296.1k | Reduced -20.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 43.4k $285.6k | Added +146 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 43.3k $284.7k | Added +16.4k |
| Brooklands Fund Management Ltd 0.37% of their portfolio | 43.0k $282.9k | Reduced -37.0k |