Herc Holdings
437 hedge funds and large institutions have $9.71B invested in Herc Holdings in 2013 Q3 according to their latest regulatory filings, with 94 funds opening new positions, 166 increasing their positions, 142 reducing their positions, and 74 closing their positions.
62% more call options, than puts
Call options by funds: $146M | Put options by funds: $90.5M
27% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 74
17% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 142
4% more funds holding
Funds holding: 420 → 437 (+17)
1.41% less ownership
Funds ownership: 37.85% → 36.43% (-1.4%)
30% less capital invested
Capital invested by funds: $13.9B → $9.71B (-$4.18B)
31% less funds holding in top 10
Funds holding in top 10: 45 → 31 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$129M |
| 2 |
SC
Sculptor Capital
New York
|
+$105M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$91.9M |
| 4 |
SIG
Senator Investment Group
New York
|
+$86.9M |
| 5 |
Neuberger Berman Group
New York
|
+$82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$430M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$230M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$222M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$171M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$116M |
HRI Hedge Fund Activity: Q3 2013 in Review
437 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q3 2013, worth a combined $9.71B — down 30% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new HRI positions and 74 closed out — a net gain of 20 holders — while 166 added to existing stakes and 142 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $129M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $430M sold.
- 437 institutional investors held Herc Holdings (HRI) as of Q3 2013, up from 420 in Q2 2013.
- Funds reported $9.71B of Herc Holdings stock for Q3 2013, down 30% quarter-over-quarter.
- 94 funds opened new Herc Holdings positions in Q3 2013 and 74 closed out, a net change of +20 holders.
- The largest Herc Holdings buyer in Q3 2013 was JP Morgan Chase, an estimated $129M added.
- The largest Herc Holdings seller in Q3 2013 was Lone Pine Capital, an estimated $430M sold.
Based on aggregated 13F filings for Q3 2013.