THOR INDS INC THO
COM · Common Stock · CUSIP 885160101 · ISIN US8851601018
American recreational vehicle manufacturer
- SectorConsumer discretionary
- IndustryMotor Homes
- HeadquartersElkhart, IN
- Founded1980
- Websitethorindustries.com
- 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 ($11.0m this quarter). Holder counts are more reliable. Shares outstanding: 52.9m as of 2024-09-16, 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 ≈ $109.76. Options: 19 managers hold calls ($77.8m notional), 25 hold puts ($151.3m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 400 |
| Q4 2022 | 400 |
| Q1 2023 | 397 |
| Q2 2023 | 403 |
| Q3 2023 | 402 |
| Q4 2023 | 423 |
| Q1 2024 | 411 |
| Q2 2024 | 408 |
| Q3 2024 | 431 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 177 | 190 |
| Q1 2023 | 168 | 192 |
| Q2 2023 | 172 | 202 |
| Q3 2023 | 190 | 188 |
| Q4 2023 | 178 | 215 |
| Q1 2024 | 184 | 200 |
| Q2 2024 | 192 | 214 |
| Q3 2024 | 216 | 186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $162.5m | $119.7m | 0.74 |
| Q1 2024 | $110.7m | $121.9m | 1.10 |
| Q2 2024 | $78.1m | $59.7m | 0.76 |
| Q3 2024 | $77.8m | $151.3m | 1.94 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +822.9k |
| LAZARD ASSET MANAGEMENT LLC | Added | +801.1k |
| DEPRINCE RACE & ZOLLO INC | New | +434.7k |
| Balyasny Asset Management L.P. | Added | +387.3k |
| MORGAN STANLEY | Added | +250.7k |
| Madison Asset Management, LLC | Added | +207.7k |
| MANE GLOBAL CAPITAL MANAGEMENT LP | Added | +186.6k |
| Candlestick Capital Management LP | Added | +186.5k |
| NATIXIS ADVISORS, LLC | Added | +171.2k |
| Kodai Capital Management LP | New | +163.8k |
Biggest sellers
| LSV ASSET MANAGEMENT | Reduced | -478.6k |
| ROYAL LONDON ASSET MANAGEMENT LTD | Reduced | -386.8k |
| Qube Research & Technologies Ltd | Reduced | -254.9k |
| HARRIS ASSOCIATES L P | Reduced | -251.7k |
| CITADEL ADVISORS LLC | Reduced | -157.9k |
| Southpoint Capital Advisors LP | Reduced | -150.0k |
| Invesco Ltd. | Reduced | -142.3k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC | Reduced | -92.3k |
| Cinctive Capital Management LP | Sold out | -60.4k |
| VANGUARD GROUP INC | Reduced | -57.5k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $19.9m181.2k shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | $13.2m120.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.7m106.1k shares |
| IMC-Chicago, LLC | Added | $6.3m57.5k shares |
| SIMPLEX TRADING, LLC | Added | $5.0m45.5k shares |
| GROUP ONE TRADING LLC | Added | $4.2m38.6k shares |
| JANE STREET GROUP, LLC | Reduced | $3.9m35.3k shares |
| Point72 Asset Management, L.P. | Added | $2.8m25.8k shares |
| Twin Tree Management, LP | New | $2.0m18.3k shares |
| GTS SECURITIES LLC | Reduced | $1.8m16.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $46.9m426.7k shares |
| Interval Partners, LP | New | $20.6m187.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.7m179.1k shares |
| Squarepoint Ops LLC | Added | $12.6m114.3k shares |
| SIMPLEX TRADING, LLC | Added | $10.8m98.2k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $7.0m63.4k shares |
| Portman Square Capital LLP | Unchanged | $6.3m57.2k shares |
| IMC-Chicago, LLC | Added | $5.6m50.6k shares |
| JANE STREET GROUP, LLC | Added | $5.3m47.9k shares |
| PEAK6 Investments LLC | Reduced | $3.1m28.4k 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 |
|---|---|
| ACR Alpine Capital Research, LLC 13G · passive investor +1.2 pts · filed 2026-10-19 | 11.2% |
| Life Cycle Investment Partners Ltd 13G · institution +1.7 pts · filed 2026-08-13 | 7.9% |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 13G · institution -1.9 pts · filed 2026-08-13 | 7.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.0% |
| TIMUCUAN ASSET MANAGEMENT INC/FL 13G · institution new · filed 2025-08-01 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
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 |
|---|---|---|---|---|---|
| Q4 2022 | 1 | $1.4m | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $1.1m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $1.1m | $1.1m |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.32% of their portfolio | 5.4m $598.7m | Added +91.7k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.2m $575.8m | Reduced -57.5k |
| BlackRock, Inc. 0.01% of their portfolio | 4.6m $501.9m | First filing |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.0m $330.2m | Added +822.9k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 2.9m $323.3m | Added +40.9k |
| HARRIS ASSOCIATES L P 0.35% of their portfolio | 2.4m $265.1m | Reduced -251.7k |
| Capital Research Global Investors 0.05% of their portfolio | 2.2m $245.6m | Unchanged |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.59% of their portfolio | 2.2m $239.0m | Reduced -386.8k |
| TIMUCUAN ASSET MANAGEMENT INC/FL 5.85% of their portfolio | 1.8m $192.9m | Added +20.0k |
| STATE STREET CORP 0.01% of their portfolio | 1.6m $178.5m | Added +33.6k |
| ACR Alpine Capital Research, LLC 4.94% of their portfolio | 1.5m $167.4m | Reduced -655 |
| Pacer Advisors, Inc. 0.28% of their portfolio | 1.2m $128.8m | Added +31.4k |
| Madison Asset Management, LLC 1.14% of their portfolio | 921.0k $101.2m | Added +207.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 911.2k $100.2m | Added +12.8k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 863.8k $94.9m | Added +139.9k |
| LAZARD ASSET MANAGEMENT LLC 0.12% of their portfolio | 802.3k $88.2m | Added +801.1k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 715.3k $78.6m | Added +24.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 668.0k $73.4m | Added +28.6k |
| MORGAN STANLEY 0.01% of their portfolio | 661.2k $72.7m | Added +250.7k |
| Candlestick Capital Management LP 2.93% of their portfolio | 650.0k $71.4m | Added +186.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 601.4k $66.1m | Added +15.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 534.7k $58.8m | Reduced -47.2k |
| NORGES BANK 0.01% of their portfolio | 505.7k $55.6m | Reduced -24.0k |
| NATIXIS ADVISORS, LLC 0.11% of their portfolio | 504.9k $55.5m | Added +171.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 501.5k $55.1m | Added +159.0k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 465.8k $51.2m | Added +23.5k |
| Balyasny Asset Management L.P. 0.12% of their portfolio | 439.7k $48.3m | Added +387.3k |
| DEPRINCE RACE & ZOLLO INC 0.91% of their portfolio | 434.7k $47.8m | New |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 429.4k $47.2m | Added +197 |
| NORTHERN TRUST CORP 0.01% of their portfolio | 406.9k $44.7m | Reduced -1.7k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.51% of their portfolio | 386.2k $42.4m | Reduced -1.0k |
| Southpoint Capital Advisors LP 0.91% of their portfolio | 350.0k $38.5m | Reduced -150.0k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 348.6k $38.3m | Added +17.1k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 347.5k $38.2m | Added +121.9k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 2.55% of their portfolio | 332.4k $36.5m | Added +186.6k |
| REINHART PARTNERS, LLC. 1.33% of their portfolio | 319.3k $35.1m | Added +32.2k |
| CHOREO, LLC 0.50% of their portfolio | 311.0k $34.3m | Reduced -1.5k |
| SCOUT INVESTMENTS, INC. 0.72% of their portfolio | 250.9k $27.6m | Added +49.9k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 242.6k $26.7m | Added +101.2k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 208.8k $22.9m | Added +25.2k |
| VALUE HOLDINGS MANAGEMENT CO. LLC 3.98% of their portfolio | 207.0k $22.7m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 182.1k $20.0m | Added +88.2k |
| Invesco Ltd. 0.00% of their portfolio | 182.0k $20.0m | Reduced -142.3k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 2.16% of their portfolio | 166.0k $18.2m | Reduced -92.3k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 165.7k $18.2m | Reduced -3.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 165.3k $18.2m | Reduced -1.6k |
| Kodai Capital Management LP 0.37% of their portfolio | 163.8k $18.0m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 150.1k $16.5m | Reduced -1.3k |
| TUDOR INVESTMENT CORP ET AL 0.17% of their portfolio | 137.7k $15.1m | Reduced -53.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 123.1k $13.5m | Reduced -54.3k |
| Janney Montgomery Scott LLC 0.04% of their portfolio | 120.4k $13.2m | New |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 112.3k $12.3m | Reduced -478.6k |
| Eagle Ridge Investment Management 1.06% of their portfolio | 109.9k $12.1m | Added +3.3k |
| Legal & General Group Plc 0.00% of their portfolio | 107.6k $11.8m | Added +568 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 106.2k $11.7m | Added +19.0k |
| Trexquant Investment LP 0.14% of their portfolio | 104.0k $11.4m | Added +57.1k |
| NOVARE CAPITAL MANAGEMENT LLC 0.94% of their portfolio | 100.6k $11.1m | Added +1.0k |
| NZS Capital, LLC 0.43% of their portfolio | 99.4k $10.9m | Added +2.8k |
| Swiss National Bank 0.01% of their portfolio | 98.7k $10.8m | Reduced -900 |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 98.0k $10.8m | Added +66.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 96.4k $10.6m | Reduced -1.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 94.9k $10.4m | Reduced -7.8k |
| Atria Investments, Inc 0.12% of their portfolio | 87.1k $9.6m | Added +1.6k |
| BARCLAYS PLC 0.00% of their portfolio | 86.9k $9.6m | Added +22.1k |
| Gotham Asset Management, LLC 0.09% of their portfolio | 82.9k $9.1m | Added +31.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio | 82.9k $9.1m | Added +66.9k |
| Hosking Partners LLP 0.32% of their portfolio | 74.5k $8.2m | Reduced -3.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 74.3k $8.2m | Added +38.5k |
| HEARTLAND ADVISORS INC 0.43% of their portfolio | 74.1k $8.1m | Added +10.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 73.7k $8.1m | Reduced -22.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 71.7k $7.9m | Reduced -3.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 69.9k $7.7m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 67.1k $7.4m | Added +1.0k |
| Retirement Systems of Alabama 0.03% of their portfolio | 64.6k $7.1m | Reduced -1.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 64.0k $7.0m | Reduced -10.4k |
| Mariner, LLC 0.01% of their portfolio | 63.0k $6.9m | Added +2.6k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 62.9k $6.9m | Reduced -4.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 54.5k $6.0m | Added +3.3k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 53.5k $5.9m | Added +18 |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 52.9k $5.8m | Reduced -3.0k |
| SPROTT INC. 0.35% of their portfolio | 50.0k $5.5m | Reduced -10.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 48.7k $5.4m | Reduced -1.5k |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 43.9k $4.8m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 43.8k $4.8m | Added +80 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 43.4k $4.8m | Reduced -1.7k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 41.8k $380 | Added +41.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 41.3k $4.5m | Reduced -5.5k |
| LPL Financial LLC 0.00% of their portfolio | 37.7k $4.1m | Added +4.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 37.5k $4.1m | Added +34.7k |
| Jade Capital Advisors, LLC 2.69% of their portfolio | 37.5k $4.1m | New |
| Cetera Investment Advisers 0.01% of their portfolio | 36.7k $4.0m | Added +1.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 35.5k $3.9m | Added +1.7k |
| Salvus Wealth Management, LLC 2.38% of their portfolio | 35.3k $3.9m | Added +398 |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 35.1k $3.8m | Reduced -20.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 34.7k $3.8m | Added +6.5k |
| COMERICA BANK 0.02% of their portfolio | 34.6k $3.8m | Reduced -925 |
| UBS Group AG 0.00% of their portfolio | 32.9k $3.6m | Reduced -1.5k |
| Illinois Municipal Retirement Fund 0.05% of their portfolio | 32.1k $3.5m | Unchanged |
| NewEdge Wealth, LLC 0.06% of their portfolio | 30.8k $3.4m | Added +1.7k |
| Vestmark Advisory Solutions, Inc. 0.13% of their portfolio | 30.7k $3.4m | Added +1.8k |