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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
UBS AM
26
UBS AM
Illinois
$113M -$23.8M -295,754 -17%
WCMNY
27
Westchester Capital Management (New York)
New York
$107M +$108M +1,337,233 New
TCM
28
TimesSquare Capital Management
New York
$101M -$96.3M -1,194,901 -49%
Millennium Management
29
Millennium Management
New York
$97.7M +$45.8M +567,970 +87%
Wells Fargo
30
Wells Fargo
California
$92.1M -$16.7M -207,376 -15%
JCAM
31
Jericho Capital Asset Management
New York
$89.8M +$90.6M +1,124,172 New
Dimensional Fund Advisors
32
Dimensional Fund Advisors
Texas
$88.1M +$20.7M +257,090 +30%
BCPEM
33
Bain Capital Public Equity Management
Massachusetts
$86.2M +$39.3M +488,100 +83%
Northern Trust
34
Northern Trust
Illinois
$84.2M +$6.35M +78,732 +8%
TS
35
Twin Securities
New York
$81.6M +$33.3M +413,100 +68%
1832 Asset Management
36
1832 Asset Management
Ontario, Canada
$80.7M +$1.39M +17,292 +2%
PC
37
PointState Capital
New York
$76.8M -$55M -682,270 -42%
CC
38
Carlson Capital
Texas
$74.7M +$53.6M +664,921 +246%
BG
39
BlackRock Group
United Kingdom
$73.7M +$3.89M +48,220 +6%
SAM
40
Scopus Asset Management
New York
$72.1M -$5.5M -68,215 -7%
JHIU
41
Janus Henderson Investors US
Colorado
$72M +$24.4M +302,903 +51%
Ameriprise
42
Ameriprise
Minnesota
$71.8M +$24.6M +305,025 +51%
Norges Bank
43
Norges Bank
Norway
$70.6M +$8.06M +100,033 +13%
KIG
44
Kovitz Investment Group
Illinois
$69.3M -$7.38M -91,552 -10%
VNIM
45
Vaughan Nelson Investment Management
Texas
$69.1M -$17.8M -220,341 -20%
AC
46
Ascend Capital
California
$68.9M +$53.3M +661,351 +329%
Morgan Stanley
47
Morgan Stanley
New York
$67.3M -$10.5M -130,889 -13%
BFA
48
BlackRock Fund Advisors
California
$66.5M +$1.22M +15,106 +2%
SCM
49
Sterling Capital Management
North Carolina
$63.4M +$769K +9,539 +1%
ACM
50
Altimeter Capital Management
Massachusetts
$62.2M +$32.2M +400,000 +106%

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.