Herc Holdings
461 hedge funds and large institutions have $12.6B invested in Herc Holdings in 2014 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 179 increasing their positions, 172 reducing their positions, and 76 closing their positions.
165% more call options, than puts
Call options by funds: $584M | Put options by funds: $220M
9% more capital invested
Capital invested by funds: $11.6B → $12.6B (+$1.03B)
1.24% more ownership
Funds ownership: 32.29% → 33.53% (+1.2%)
4% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 172
4% less funds holding
Funds holding: 480 → 461 (-19)
16% less funds holding in top 10
Funds holding in top 10: 45 → 38 (-7)
24% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$313M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$261M |
| 3 |
SIM
SRS Investment Management
New York
|
+$239M |
| 4 |
Goldman Sachs
New York
|
+$185M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$182M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$325M |
| 2 |
MCM
Moore Capital Management
New York
|
-$148M |
| 3 |
LCG
Luxor Capital Group
New York
|
-$142M |
| 4 |
PC
Perry Capital
New York
|
-$131M |
| 5 |
JP Morgan Chase
New York
|
-$108M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
526
Maple Securities USA
Jersey City,
New Jersey
| – | -$265K | -3,318 | Closed |
|
|
SIM
527
SSI Investment Management
Los Angeles,
California
| – | -$256K | -3,200 | Closed |
|
|
VFS
528
VSR Financial Services
Overland Park,
Kansas
| – | -$214K | -2,678 | Closed |
|
|
SGH
529
Schonfeld Group Holdings
Jericho,
New York
| – | -$210K | -2,627 | Closed |
|
|
V
530
Veritable
Wilmington,
Delaware
| – | -$201K | -2,510 | Closed |
|
|
TDC
531
Thompson Davis & Co
Richmond,
Virginia
| – | -$93K | -1,167 | Closed |
|
|
LWM
532
Lenox Wealth Management
Cincinnati,
Ohio
| – | -$18K | -227 | Closed |
|
|
SSB
533
Sandy Spring Bank
Olney,
Maryland
| – | -$15K | -183 | Closed |
|
|
FMA
534
FNY Managed Accounts
New York
| – | -$13K | -167 | Closed |
|
|
JFGIW
535
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$2K | -30 | Closed |
|
536
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -18 | Closed |
|
|
KTC
537
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | +$84 | +1 | New |
|
HRI Hedge Fund Activity: Q2 2014 in Review
461 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q2 2014, worth a combined $12.6B — up 8.9% from $11.6B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of HRI and 58 opened new positions — a net loss of 18 holders — while 172 trimmed existing stakes and 179 added.
The largest buyer was UBS, adding an estimated $313M. The largest seller was Wellington Management Group, cutting an estimated $325M.
- 461 institutional investors held Herc Holdings (HRI) as of Q2 2014, down from 480 in Q1 2014.
- Funds reported $12.6B of Herc Holdings stock for Q2 2014, up 8.9% quarter-over-quarter.
- 58 funds opened new Herc Holdings positions in Q2 2014 and 76 closed out, a net change of -18 holders.
- The largest Herc Holdings buyer in Q2 2014 was UBS, an estimated $313M added.
- The largest Herc Holdings seller in Q2 2014 was Wellington Management Group, an estimated $325M sold.
Based on aggregated 13F filings for Q2 2014.