Herc Holdings
475 hedge funds and large institutions have $12B invested in Herc Holdings in 2013 Q4 according to their latest regulatory filings, with 119 funds opening new positions, 142 increasing their positions, 178 reducing their positions, and 78 closing their positions.
139% more call options, than puts
Call options by funds: $307M | Put options by funds: $128M
94% more funds holding in top 10
Funds holding in top 10: 31 → 60 (+29)
53% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 78
24% more capital invested
Capital invested by funds: $9.71B → $12B (+$2.32B)
9% more funds holding
Funds holding: 437 → 475 (+38)
4.35% less ownership
Funds ownership: 36.43% → 32.09% (-4.3%)
20% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 178
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$370M |
| 2 |
SCM
SAB Capital Management
New York
|
+$183M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$154M |
| 4 |
TP
Third Point
New York
|
+$143M |
| 5 |
AC
Axon Capital
New York
|
+$119M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$287M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$284M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$160M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$145M |
| 5 |
SC
Sculptor Capital
New York
|
-$88.4M |
HRI Hedge Fund Activity: Q4 2013 in Review
475 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q4 2013, worth a combined $12B — up 24% from $9.71B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new HRI positions and 78 closed out — a net gain of 41 holders — while 142 added to existing stakes and 178 trimmed.
The largest buyer was UBS, adding an estimated $370M. The largest seller was Wells Fargo, cutting an estimated $287M.
- 475 institutional investors held Herc Holdings (HRI) as of Q4 2013, up from 437 in Q3 2013.
- Funds reported $12B of Herc Holdings stock for Q4 2013, up 24% quarter-over-quarter.
- 119 funds opened new Herc Holdings positions in Q4 2013 and 78 closed out, a net change of +41 holders.
- The largest Herc Holdings buyer in Q4 2013 was UBS, an estimated $370M added.
- The largest Herc Holdings seller in Q4 2013 was Wells Fargo, an estimated $287M sold.
Based on aggregated 13F filings for Q4 2013.