Water Island Capital’s Herc Holdings HRI Stock Holding History

Water Island 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
2025 Q3	–	Sell	-2,605	Closed	-$343K	–	107
2025 Q2	$343K	Buy	+2,605	New	+$316K	0.05%	72
2020 Q3	–	Sell	-7,500	Closed	-$230K	–	100
2020 Q2	$230K	Buy	+7,500	New	+$192K	0.02%	61
2020 Q1	–	Sell	-17,254	Closed	-$844K	–	63
2019 Q4	$844K	Sell	17,254 -27,255	-61%	-$1.27M	0.06%	48
2019 Q3	$2.07M	Sell	44,509 -150,955	-77%	-$6.56M	0.13%	41
2019 Q2	$9.79M	Buy	195,464 +115,148	+143%	+$4.8M	0.23%	50
2019 Q1	$3.13M	Sell	80,316 -79,605	-50%	-$3.01M	0.16%	58
2018 Q4	$4.16M	Buy	159,921 +2,421	+2%	+$84.4K	0.31%	46
2018 Q3	$8.06M	Buy	+157,500	New	+$8.52M	0.44%	53
2018 Q1	–	Sell	-2,700	Closed	-$169K	–	101
2017 Q4	$169K	Sell	2,700 -3,883	-59%	-$214K	0.01%	88
2017 Q3	$323K	Buy	6,583 +865	+15%	+$37.5K	0.02%	95
2017 Q2	$225K	Buy	+5,718	New	+$239K	0.01%	99
2016 Q4	–	Sell	-4,000	Closed	-$135K	–	123
2016 Q3	$135K	Buy	+4,000	New	+$134K	0.01%	106

Other funds holding HRI

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

CCM

Coliseum Capital Management Rowayton, Connecticut $1.22B AUM 18.72% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $10.2B AUM 30.27% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

VNIM

Vaughan Nelson Investment Management Houston, Texas $11.3B AUM 53% 1-Year Est. Return

Water Island Capital's HRI Position: Q3 2025 in Review

Water Island Capital sold out of Herc Holdings (HRI) in Q3 2025, closing a stake of 2,605 shares — an estimated $343K sold.

Water Island Capital first reported a position in HRI in Q3 2016 and held it in 12 quarters. The position peaked at $9.79M in Q2 2019. 291 funds tracked by Wall St. Rank hold HRI as of Q3 2025.

Water Island Capital reported no remaining Herc Holdings position as of Q3 2025 after selling out during the quarter.
Water Island Capital sold 2,605 Herc Holdings shares in Q3 2025, an estimated $343K.
Water Island Capital first reported a position in Herc Holdings in Q3 2016 and held it in 12 quarters.
Water Island Capital's Herc Holdings position peaked at $9.79M in Q2 2019.
291 funds tracked by Wall St. Rank held Herc Holdings as of Q3 2025.

Based on Water Island Capital's 13F filing for Q3 2025, filed 14 Nov 2025.