Cove Street Capital’s Herc Holdings HRI Stock Holding History

Cove Street Capital’s Portfolio HRI Stock Details HRI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-150,137	Closed	-$4.99M	–	99
2016 Q2	$4.99M	Sell	150,137 -66	-0%	-$1.9K	0.55%	47
2016 Q1	$4.75M	Sell	150,203 -51,489	-26%	-$1.51M	0.62%	47
2015 Q4	$8.61M	Buy	201,692 +39,064	+24%	+$1.96M	1.13%	38
2015 Q3	$8.16M	Buy	162,628 +486	+0.3%	+$25.4K	1.08%	40
2015 Q2	$8.81M	Sell	162,142 -6,843	-4%	-$423K	1.06%	38
2015 Q1	$11M	Buy	168,985 +65,527	+63%	+$4.38M	1.44%	34
2014 Q4	$7.74M	Sell	103,458 -28,412	-22%	-$1.92M	1.15%	37
2014 Q3	$10M	Buy	131,870 +2,953	+2%	+$252K	1.57%	28
2014 Q2	$10.8M	Buy	+128,917	New	+$10.9M	1.75%	25

Other funds holding HRI

Icahn Carl Sunny Isles Beach, Florida $8.26B AUM 15.11% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $11.1B AUM 41.79% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

HCM

Highfields Capital Management Boston, Massachusetts $68.3M AUM 21.64% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $4.03B AUM 35.05% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

FTCM

Fir Tree Capital Management New York $21.8M AUM 1.61% 1-Year Est. Return

Gabelli Funds Rye, New York $15.7B AUM 36.4% 1-Year Est. Return

Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Cove Street Capital's HRI Position: Q3 2016 in Review

Cove Street Capital sold out of Herc Holdings (HRI) in Q3 2016, closing a stake of 150,137 shares — an estimated $4.99M sold.

Cove Street Capital first reported a position in HRI in Q2 2014 and held it in 9 quarters. The position peaked at $11M in Q1 2015. 196 funds tracked by Wall St. Rank hold HRI as of Q3 2016.

Cove Street Capital reported no remaining Herc Holdings position as of Q3 2016 after selling out during the quarter.
Cove Street Capital sold 150,137 Herc Holdings shares in Q3 2016, an estimated $4.99M.
Cove Street Capital first reported a position in Herc Holdings in Q2 2014 and held it in 9 quarters.
Cove Street Capital's Herc Holdings position peaked at $11M in Q1 2015.
196 funds tracked by Wall St. Rank held Herc Holdings as of Q3 2016.

Based on Cove Street Capital's 13F filing for Q3 2016, filed 10 Nov 2016.