Herc Holdings
265 hedge funds and large institutions have $3.12B invested in Herc Holdings in 2023 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 100 increasing their positions, 88 reducing their positions, and 30 closing their positions.
252% more call options, than puts
Call options by funds: $47.1M | Put options by funds: $13.4M
27% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 30
14% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 88
2% more funds holding
Funds holding: 259 → 265 (+6)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1.86% less ownership
Funds ownership: 94.46% → 92.61% (-1.9%)
15% less capital invested
Capital invested by funds: $3.67B → $3.12B (-$550M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$59.7M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$35.1M |
| 3 |
DAM
Dorsey Asset Management
Chicago,
Illinois
|
+$30.1M |
| 4 |
ECP
Electron Capital Partners
New York
|
+$14.1M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$68.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$50.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$46.7M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$46.2M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$18.5M |
HRI Hedge Fund Activity: Q3 2023 in Review
265 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q3 2023, worth a combined $3.12B — down 15% from $3.67B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new HRI positions and 30 closed out — a net gain of 8 holders — while 100 added to existing stakes and 88 trimmed.
The largest buyer was Invesco, adding an estimated $59.7M. The largest seller was BlackRock, cutting an estimated $68.3M.
- 265 institutional investors held Herc Holdings (HRI) as of Q3 2023, up from 259 in Q2 2023.
- Funds reported $3.12B of Herc Holdings stock for Q3 2023, down 15% quarter-over-quarter.
- 38 funds opened new Herc Holdings positions in Q3 2023 and 30 closed out, a net change of +8 holders.
- The largest Herc Holdings buyer in Q3 2023 was Invesco, an estimated $59.7M added.
- The largest Herc Holdings seller in Q3 2023 was BlackRock, an estimated $68.3M sold.
Based on aggregated 13F filings for Q3 2023.