Herc Holdings
259 hedge funds and large institutions have $3.67B invested in Herc Holdings in 2023 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 95 increasing their positions, 91 reducing their positions, and 54 closing their positions.
190% more call options, than puts
Call options by funds: $49.4M | Put options by funds: $17M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
18% more capital invested
Capital invested by funds: $3.11B → $3.67B (+$557M)
4% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 91
0.72% more ownership
Funds ownership: 93.74% → 94.46% (+0.72%)
5% less funds holding
Funds holding: 274 → 259 (-15)
26% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 54
Top Buyers
| 1 |
TP
Theleme Partners
London,
United Kingdom
|
+$71.7M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$24.5M |
| 3 |
DAM
Dorsey Asset Management
Chicago,
Illinois
|
+$22.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$19.6M |
| 5 |
BlackRock
New York
|
+$16.5M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$64.6M |
| 2 |
FAM
Fred Alger Management
New York
|
-$36.7M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$32.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$27.6M |
| 5 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$26.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
301
Toth Financial Advisory
Leesburg,
Virginia
| – | -$12K | -105 | Closed |
|
|
PTC
302
Private Trust Company
Cleveland,
Ohio
| – | -$4.56K | -40 | Closed |
|
|
TWA
303
TCI Wealth Advisors
Tucson,
Arizona
| – | -$4.33K | -38 | Closed |
|
|
BTI
304
Blue Trust Inc
Alpharetta,
Georgia
| – | -$3.1K | -28 | -97% |
|
|
EI
305
Ellevest Inc
New York
| – | -$2.73K | -24 | Closed |
|
|
BAM
306
Byrne Asset Management
Kingston,
New Jersey
| – | -$2K | -18 | Closed |
|
|
SC
307
Schubert & Co
Mckinney,
Texas
| – | -$1.94K | -17 | Closed |
|
|
SFG
308
Steward Financial Group
Colleyville,
Texas
| – | -$1K | -14 | Closed |
|
|
ASN
309
Advisory Services Network
Atlanta,
Georgia
| – | -$683 | -6 | Closed |
|
|
CWC
310
Carolinas Wealth Consulting
Charlotte,
North Carolina
| – | -$342 | -3 | Closed |
|
|
CWAF
311
Core Wealth Advisors (Florida)
Lakeland,
Florida
| – | -$342 | -3 | Closed |
|
|
MCM
312
Manchester Capital Management
Manchester,
Vermont
| – | -$342 | -3 | Closed |
|
313
Comerica Bank
Dallas,
Texas
| – | +$11.2M | +101,200 | New |
|
HRI Hedge Fund Activity: Q2 2023 in Review
259 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q2 2023, worth a combined $3.67B — up 18% from $3.11B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of HRI and 40 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 95 added.
The largest buyer was Theleme Partners, opening a new position worth an estimated $71.7M. The largest seller was Citadel Advisors, cutting an estimated $64.6M.
- 259 institutional investors held Herc Holdings (HRI) as of Q2 2023, down from 274 in Q1 2023.
- Funds reported $3.67B of Herc Holdings stock for Q2 2023, up 18% quarter-over-quarter.
- 40 funds opened new Herc Holdings positions in Q2 2023 and 54 closed out, a net change of -14 holders.
- The largest Herc Holdings buyer in Q2 2023 was Theleme Partners, an estimated $71.7M added.
- The largest Herc Holdings seller in Q2 2023 was Citadel Advisors, an estimated $64.6M sold.
Based on aggregated 13F filings for Q2 2023.