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Herc Holdings

480 hedge funds and large institutions have $11.6B invested in Herc Holdings in 2014 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 188 increasing their positions, 154 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more call options, than puts

Call options by funds: $290M | Put options by funds: $219M

22% more repeat investments, than reductions

Existing positions increased: 188 | Existing positions reduced: 154

16% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 81

1% more funds holding

Funds holding: 475480 (+5)

0.2% more ownership

Funds ownership: 32.09%32.29% (+0.2%)

4% less capital invested

Capital invested by funds: $12B → $11.6B (-$438M)

25% less funds holding in top 10

Funds holding in top 10: 6045 (-15)

Holders
480
Holders Change
+5
Holders Change %
+1.05%
% of All Funds
13.86%
Holding in Top 10
45
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-25%
% of All Funds
1.3%
New
94
Increased
188
Reduced
154
Closed
81
Calls
$290M
Puts
$219M
Net Calls
+$70.3M
Net Calls Change
-$108M
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
251
Lazard Asset Management
New York
$2.71M
ZL
252
Zeke LP
Pennsylvania
$2.66M -$269K -3,334 -9%
EVM
253
Eaton Vance Management
Massachusetts
$2.66M
BFIM
254
Beese Fulmer Investment Management
Ohio
$2.66M -$66K -819 -2%
Bank of Nova Scotia
255
Bank of Nova Scotia
Ontario, Canada
$2.62M -$21.9M -271,517 -89%
Grantham, Mayo, Van Otterloo & Co (GMO)
256
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.56M -$2.69M -33,422 -51%
Bank of Montreal
257
Bank of Montreal
Ontario, Canada
$2.53M -$22.8M -282,683 -90%
BMCMI
258
Bryn Mawr Capital Management Inc
Pennsylvania
$2.46M +$2.48M +30,724 New
Credit Agricole
259
Credit Agricole
France
$2.43M -$15.4M -191,630 -86%
IRF
260
IBM Retirement Fund
New York
$2.4M -$1.31M -16,289 -35%
PCM
261
Penn Capital Management
Pennsylvania
$2.4M +$634K +7,860 +35%
HighTower Advisors
262
HighTower Advisors
Illinois
$2.38M +$613K +7,611 +34%
DCM
263
Decade Capital Management
New York
$2.37M +$1.26M +15,667 +112%
CBOA
264
Commonwealth Bank of Australia
Australia
$2.37M +$266K +3,300 +13%
CCM
265
Contrarian Capital Management
Connecticut
$2.33M +$289K +3,590 +14%
TI
266
Turner Investments
Pennsylvania
$2.31M +$271K +3,364 +13%
CI
267
Cowen Inc
New York
$2.29M +$2.31M +28,656 New
MA
268
Montag & Associates
Georgia
$2.27M +$2.29M +28,433 New
NIP
269
Nicholas Investment Partners
California
$2.22M +$909K +11,280 +68%
GL
270
GLG LLC
New York
$2.19M +$2.21M +27,413 New
EIM
271
Essex Investment Management
Massachusetts
$2.18M +$1.12M +13,950 +105%
Mitsubishi UFJ Asset Management
272
Mitsubishi UFJ Asset Management
Japan
$2.1M +$110K +1,359 +5%
HCM
273
Highbridge Capital Management
New York
$2.01M -$24.3M -301,965 -92%
FA
274
Fagan Associates
New York
$2.01M +$2.03M +25,138 New
AC
275
Argentiere Capital
Switzerland
$2M +$2.01M +25,000 New

HRI Hedge Fund Activity: Q1 2014 in Review

480 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q1 2014, worth a combined $11.6B — down 3.6% from $12B a quarter earlier.

Buyers outnumbered sellers: 94 funds opened new HRI positions and 81 closed out — a net gain of 13 holders — while 188 added to existing stakes and 154 trimmed.

The largest buyer was Glenview Capital Management, opening a new position worth an estimated $356M. The largest seller was UBS, cutting an estimated $419M.

  • 480 institutional investors held Herc Holdings (HRI) as of Q1 2014, up from 475 in Q4 2013.
  • Funds reported $11.6B of Herc Holdings stock for Q1 2014, down 3.6% quarter-over-quarter.
  • 94 funds opened new Herc Holdings positions in Q1 2014 and 81 closed out, a net change of +13 holders.
  • The largest Herc Holdings buyer in Q1 2014 was Glenview Capital Management, an estimated $356M added.
  • The largest Herc Holdings seller in Q1 2014 was UBS, an estimated $419M sold.

Based on aggregated 13F filings for Q1 2014.