Herc Holdings
407 hedge funds and large institutions have $11.5B invested in Herc Holdings in 2014 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 119 increasing their positions, 174 reducing their positions, and 105 closing their positions.
137% more call options, than puts
Call options by funds: $896M | Put options by funds: $379M
0.23% more ownership
Funds ownership: 33.53% → 33.76% (+0.23%)
9% less capital invested
Capital invested by funds: $12.6B → $11.5B (-$1.1B)
12% less funds holding
Funds holding: 461 → 407 (-54)
21% less funds holding in top 10
Funds holding in top 10: 38 → 30 (-8)
32% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 174
45% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$1.11B |
| 2 |
Tiger Global Management
New York
|
+$365M |
| 3 |
Citigroup
New York
|
+$218M |
| 4 |
JP
Jana Partners
New York
|
+$144M |
| 5 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$135M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$322M |
| 2 |
TP
Third Point
New York
|
-$161M |
| 3 |
Jennison Associates
New York
|
-$106M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$98.9M |
| 5 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$83.5M |
HRI Hedge Fund Activity: Q3 2014 in Review
407 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q3 2014, worth a combined $11.5B — down 8.8% from $12.6B a quarter earlier.
Sellers outnumbered buyers: 105 funds closed out of HRI and 58 opened new positions — a net loss of 47 holders — while 174 trimmed existing stakes and 119 added.
The largest buyer was Icahn Carl, opening a new position worth an estimated $1.11B. The largest seller was UBS, cutting an estimated $322M.
- 407 institutional investors held Herc Holdings (HRI) as of Q3 2014, down from 461 in Q2 2014.
- Funds reported $11.5B of Herc Holdings stock for Q3 2014, down 8.8% quarter-over-quarter.
- 58 funds opened new Herc Holdings positions in Q3 2014 and 105 closed out, a net change of -47 holders.
- The largest Herc Holdings buyer in Q3 2014 was Icahn Carl, an estimated $1.11B added.
- The largest Herc Holdings seller in Q3 2014 was UBS, an estimated $322M sold.
Based on aggregated 13F filings for Q3 2014.