TIC Solutions

TIC • AMEX

TIC Solutions is a publicly traded company on AMEX, led by Talman Pizzey, with a market cap of $2.6B. As of Q3 2025, 70% of shares are held by 210 institutional investors, with VIKING GLOBAL INVESTORS LP as the largest holder at 17.13%.

CEOTalman Pizzey

Market Cap$2.6B

Websiteacuren.com

Overview

Overview of institutional ownership in TIC as of Q3 2025 with a market cap of $2.7B

All Institutions

Institutions: 210
Value Held: $1.9B
Shares Held: 141.6M
Avg Position: $9.0M
Median Position: $496.2K

Hedge Funds

Hedge Funds: 41
Value Held: $990.6M
Shares Held: 74.4M
Avg Position: $24.2M
Median Position: $2.7M

Ownership Breakdown

Institutional (non-HF)

33.38%

$891.3M

Hedge Funds

37.1%

$990.6M

Retail & Other

29.51%

$787.9M

Based on market cap of $2.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TIC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	Ole Andreas Halvorsen CEO	$457.3M 1.19% of portfolio	17.13% 34.4M shares	Q1 2025 Held for 9 months	$38.5B
P Progeny 3, Inc. Institution	-	$203.1M 10.47% of portfolio	7.61% 15.3M shares	Q1 2025 Held for 9 months	$1.9B
P Permian Investment Partners, LP Hedge Fund•Long/Short	Britton Len Brown CFO	$193.9M 20.53% of portfolio	7.26% 14.6M shares	Q1 2025 Held for 9 months	$944.6M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$113.5M 0.00% of portfolio	4.25% 8.5M shares	Q2 2025 Held for 6 months	$6.69T
Gates Capital Management, Inc. Hedge Fund•Event Driven	Jeffrey Linn Gates President	$109.7M 3.39% of portfolio	4.11% 8.2M shares	Q1 2025 Held for 9 months	$3.2B
LEUCADIA NATIONAL CORP Institution	Richard B. Handler CEO	$66.6M 0.63% of portfolio	2.49% 5.0M shares	Q1 2025 Held for 9 months	$10.5B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$50.4M 0.00% of portfolio	1.89% 3.8M shares	Q2 2025 Held for 6 months	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$47.1M 0.00% of portfolio	1.76% 3.5M shares	Q2 2025 Held for 6 months	$2.88T
Bank of New York Mellon Corp Institution	Robin Vince CEO	$46.7M 0.01% of portfolio	1.75% 3.5M shares	Q2 2025 Held for 6 months	$556.34B
S Swedbank AB Institution	-	$43.9M 0.04% of portfolio	1.65% 3.3M shares	Q3 2025 Held for 3 months	$98.7B

Net Capital Flow

Institutional buying and selling activity for TIC in Q3 2025

Traded: +$570.0M
Buyers: 198
Sellers: 21
Total Bought: +$659.7M
Total Sold: −$89.7M
Avg Position: $8.4M

Biggest Buyers

Institution	Net Bought	Current Position
P Permian Investment Partners, LP Hedge Fund•Long/Short	+$64.9M +4.9M shares	$193.9M 14.6M shares
VANGUARD GROUP INC Institution	+$57.0M +4.3M shares	$113.5M 8.5M shares
S Swedbank AB Institution	+$43.9M +3.3M shares	$43.9M 3.3M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$43.6M +3.3M shares	$43.6M 3.3M shares
Bank of New York Mellon Corp Institution	+$43.6M +3.3M shares	$46.7M 3.5M shares
Cercano Management LLC Family Office	+$38.6M +2.9M shares	$38.6M 2.9M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$29.7M +2.2M shares	$29.7M 2.2M shares
STATE STREET CORP Institution	+$25.3M +1.9M shares	$47.1M 3.5M shares
L Long Focus Capital Management, LLC Hedge Fund•Global Macro	+$24.3M +1.8M shares	$24.3M 1.8M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$21.4M +1.6M shares	$27.8M 2.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
A ADW Capital Management, LLC Institution	−$20.1M −1.5M shares	$14.6M 1.1M shares
Wildcat Capital Management, LLC Private Equity	−$16.6M −1.5M shares	Sold Off 0 shares
T TOMS Capital Investment Management LP Hedge Fund•Long/Short	−$9.4M −850.0K shares	Sold Off 0 shares
C Clearline Capital LP Hedge Fund•Event Driven	−$9.1M −687.3K shares	$30.0M 2.3M shares
N NewEdge Wealth, LLC Institution	−$7.0M −593.7K shares	$19.2M 1.6M shares
S SCOPUS ASSET MANAGEMENT, L.P. Hedge Fund•Long/Short	−$6.1M −553.6K shares	Sold Off 0 shares
S SCOGGIN LLC Hedge Fund•Event Driven	−$5.5M −500.0K shares	Sold Off 0 shares
UBS Group AG Institution	−$4.5M −338.3K shares	$4.2M 311.9K shares
Twin Securities, Inc. Hedge Fund•Event Driven	−$4.1M −311.5K shares	$1.6M 123.1K shares
Pentwater Capital Management LP Hedge Fund•Event Driven	−$3.0M −271.7K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TIC in Q3 2025

New Positions: 133
New Value: $299.5M
Exited Positions: 10
Exited Value: $44.2M

New Positions

Institution	Position Value
S Swedbank AB Institution	$43.9M 3.3M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	$43.6M 3.3M shares
Cercano Management LLC Family Office	$38.6M 2.9M shares
L Long Focus Capital Management, LLC Hedge Fund•Global Macro	$24.3M 1.8M shares
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy	$19.3M 1.4M shares
BERNZOTT CAPITAL ADVISORS RIA/Wealth	$9.9M 742.2K shares
B Bayberry Capital Partners LP Hedge Fund•Long/Short	$9.0M 674.7K shares
R ROYCE & ASSOCIATES LLC Institution	$8.9M 670.0K shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	$8.1M 610.8K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$8.0M 598.2K shares

Exited Positions

Institution	Previous Position
Wildcat Capital Management, LLC Private Equity	$16.6M 1.5M shares
T TOMS Capital Investment Management LP Hedge Fund•Long/Short	$9.4M 850.0K shares
S SCOPUS ASSET MANAGEMENT, L.P. Hedge Fund•Long/Short	$6.1M 553.6K shares
S SCOGGIN LLC Hedge Fund•Event Driven	$5.5M 500.0K shares
Pentwater Capital Management LP Hedge Fund•Event Driven	$3.0M 271.7K shares
S STIFEL FINANCIAL CORP Long Only Manager	$1.7M 149.9K shares
A Alpine Partners VI, LLC Institution	$1.5M 133.4K shares
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral	$313.3K 28.4K shares
H HSBC HOLDINGS PLC Institution	$111.5K 10.1K shares
TORONTO DOMINION BANK Institution	$110.4K 10.0K shares

Options Activity

Institutions with the largest Call and Put options positions in TIC as of Q3 2025

Call Positions: 5
Call Value: $4.7M
Put Positions: 2
Put Value: $1.1M

Call Positions

Institution	Position Value
P PEAK6 LLC Institution	$1.5M 1.2K contracts
Brooklands Fund Management Ltd Hedge Fund•Multi-Strategy	$1.2M 875.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.1M 860.5 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$545.7K 410.0 contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$319.4K 240.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$630.9K 474.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$502.1K 377.3 contracts

Most Committed Institutions

Institutions with TIC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P Permian Investment Partners, LP Hedge Fund•Long/Short	Britton Len Brown CFO	20.53% $193.9M	7.26% 14.6M shares	Q1 2025 Held for 9 months	$944.6M
P Progeny 3, Inc. Institution	-	10.47% $203.1M	7.61% 15.3M shares	Q1 2025 Held for 9 months	$1.9B
A ADW Capital Management, LLC Institution	-	8.37% $14.6M	0.55% 1.1M shares	Q1 2025 Held for 9 months	$174.9M
BERNZOTT CAPITAL ADVISORS RIA/Wealth	Mark Alexander Scott CEO	4.66% $9.9M	0.37% 742.2K shares	Q3 2025 Held for 3 months	$211.9M
Gates Capital Management, Inc. Hedge Fund•Event Driven	Jeffrey Linn Gates President	3.39% $109.7M	4.11% 8.2M shares	Q1 2025 Held for 9 months	$3.2B
Cruiser Capital Advisors, LLC Hedge Fund•Long/Short	Keith Michael Rosenbloom Managing Partner	2.97% $2.8M	0.10% 207.6K shares	Q3 2025 Held for 3 months	$93.0M
B Bayberry Capital Partners LP Hedge Fund•Long/Short	Brian Cromwell Smith CFO	2.91% $9.0M	0.34% 674.7K shares	Q3 2025 Held for 3 months	$309.0M
C Clearline Capital LP Hedge Fund•Event Driven	Mohit Bhasin CFO	2.54% $30.0M	1.12% 2.3M shares	Q1 2025 Held for 9 months	$1.2B
Cercano Management LLC Family Office	Christopher Neil Orndorff President	1.49% $38.6M	1.45% 2.9M shares	Q3 2025 Held for 3 months	$2.6B
L Long Focus Capital Management, LLC Hedge Fund•Global Macro	John Byron Helmers CEO	1.42% $24.3M	0.91% 1.8M shares	Q3 2025 Held for 3 months	$1.7B

Hedge Fund Spotlight

Discover hedge funds investing in TIC

KP Management LLC

Hedge Fund • Long/Short

Portfolio ManagerBrent Randal Peacock

Portfolio Value: $285.4M
Positions: 53
Last Reported: Q3 2025

Sector Allocation

Position in TIC Solutions

Market Value: $3.1M
Shares Held: 230.0K
Portfolio Weight: 1.07%
Owned Since: 2025-Q3

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