PAR Capital Management’s Herc Holdings HRI Stock Holding History

PAR Capital Management’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
2018 Q4	–	Sell	-1,907,400	Closed	-$97.7M	–	68
2018 Q3	$97.7M	Buy	1,907,400 +307,400	+19%	+$16.6M	1.12%	26
2018 Q2	$90.1M	Buy	1,600,000 +271,000	+20%	+$15.8M	1.01%	31
2018 Q1	$86.3M	Hold	1,329,000	–	–	0.95%	29
2017 Q4	$83.2M	Hold	1,329,000	–	–	0.93%	28
2017 Q3	$65.3M	Buy	1,329,000 +20,000	+2%	+$867K	0.74%	32
2017 Q2	$51.5M	Hold	1,309,000	–	–	0.58%	37
2017 Q1	$64M	Buy	1,309,000 +10,000	+0.8%	+$470K	0.78%	31
2016 Q4	$52.2M	Hold	1,299,000	–	–	0.68%	34
2016 Q3	$43.8M	Buy	1,299,000 +632,333	+95%	+$21.2M	0.63%	36
2016 Q2	$22.1M	Hold	666,667	–	–	0.37%	42
2016 Q1	$21.1M	Hold	666,667	–	–	0.34%	49
2015 Q4	$28.5M	Sell	666,667 -17,066	-2%	-$857K	0.52%	38
2015 Q3	$34.3M	Hold	683,733	–	–	0.72%	29
2015 Q2	$37.2M	Hold	683,733	–	–	0.84%	32
2015 Q1	$44.5M	Buy	+683,733	New	+$45.7M	1.03%	27
2014 Q4	–	Sell	-33,333	Closed	-$2.54M	–	73
2014 Q3	$2.54M	Buy	+33,333	New	+$2.85M	0.07%	66

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

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

SCM

Schneider Capital Management Berwyn, Pennsylvania $175M AUM 42.51% 1-Year Est. Return

Royce & Associates New York $12.4B AUM 64.17% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

PAR Capital Management's HRI Position: Q4 2018 in Review

PAR Capital Management sold out of Herc Holdings (HRI) in Q4 2018, closing a stake of 1,907,400 shares — an estimated $97.7M sold.

PAR Capital Management first reported a position in HRI in Q3 2014 and held it in 16 quarters. The position peaked at $97.7M in Q3 2018. 175 funds tracked by Wall St. Rank hold HRI as of Q4 2018.

PAR Capital Management reported no remaining Herc Holdings position as of Q4 2018 after selling out during the quarter.
PAR Capital Management sold 1,907,400 Herc Holdings shares in Q4 2018, an estimated $97.7M.
PAR Capital Management first reported a position in Herc Holdings in Q3 2014 and held it in 16 quarters.
PAR Capital Management's Herc Holdings position peaked at $97.7M in Q3 2018.
175 funds tracked by Wall St. Rank held Herc Holdings as of Q4 2018.

Based on PAR Capital Management's 13F filing for Q4 2018, filed 14 Feb 2019.