SAB Capital Management’s Herc Holdings HRI Stock Holding History

SAB 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
2015 Q1	–	Sell	-2,503,934	Closed	-$187M	–	25
2014 Q4	$187M	Hold	2,503,934	–	–	12.67%	1
2014 Q3	$191M	Sell	2,503,934 -313,215	-11%	-$26.8M	9.2%	5
2014 Q2	$237M	Buy	2,817,149 +258,584	+10%	+$21.8M	12.77%	1
2014 Q1	$204M	Hold	2,558,565	–	–	14.26%	2
2013 Q4	$220M	Buy	+2,558,565	New	+$183M	11.8%	1

Other funds holding HRI

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

Jana Partners New York $1.34B AUM 4.95% 1-Year Est. Return

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

GCM

Glenview Capital Management New York $5.49B AUM 46.89% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

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

Tiger Global Management New York $24B AUM 39.59% 1-Year Est. Return

IAM

Iridian Asset Management Westport, Connecticut $291M AUM 49.45% 1-Year Est. Return

YCMGA

York Capital Management Global Advisors New York $87.8M AUM 45.55% 1-Year Est. Return

FTCM

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

SAB Capital Management's HRI Position: Q1 2015 in Review

SAB Capital Management sold out of Herc Holdings (HRI) in Q1 2015, closing a stake of 2,503,934 shares — an estimated $187M sold.

SAB Capital Management first reported a position in HRI in Q4 2013 and held it in 5 quarters. The position peaked at $237M in Q2 2014. 382 funds tracked by Wall St. Rank hold HRI as of Q1 2015.

SAB Capital Management reported no remaining Herc Holdings position as of Q1 2015 after selling out during the quarter.
SAB Capital Management sold 2,503,934 Herc Holdings shares in Q1 2015, an estimated $187M.
SAB Capital Management first reported a position in Herc Holdings in Q4 2013 and held it in 5 quarters.
SAB Capital Management's Herc Holdings position peaked at $237M in Q2 2014.
382 funds tracked by Wall St. Rank held Herc Holdings as of Q1 2015.

Based on SAB Capital Management's 13F filing for Q1 2015, filed 14 May 2015.