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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
CRM
51
Cramer Rosenthal McGlynn
Connecticut
$59.6M -$13M -161,208 -18%
Geode Capital Management
52
Geode Capital Management
Massachusetts
$57.7M +$3.48M +43,163 +6%
BGIM
53
Brandywine Global Investment Management
Pennsylvania
$56.8M +$2.61M +32,344 +5%
GC
54
GMT Capital
Georgia
$55.8M +$27.7M +343,200 +97%
JCI
55
Jet Capital Investors
New York
$55.8M +$49.7M +616,667 +753%
LAM
56
Lyrical Asset Management
New York
$53.8M +$5.52M +68,522 +11%
SA
57
Smithwood Advisers
California
$53.3M
First Eagle Investment Management
58
First Eagle Investment Management
New York
$51.5M +$18.6M +231,167 +56%
DCM
59
Discovery Capital Management
Connecticut
$50M -$8.79M -109,000 -15%
GC
60
GW Capital
Washington
$48.8M +$6.25M +77,587 +15%
CS
61
Credit Suisse
Switzerland
$48.6M -$46.5M -576,485 -49%
Nomura Holdings
62
Nomura Holdings
Japan
$48.3M +$35.3M +437,572 +258%
Legal & General Group
63
Legal & General Group
United Kingdom
$48M +$1.11M +13,826 +2%
UOC
64
UBS O'Connor
Illinois
$46.3M +$21.6M +267,418 +86%
Mitsubishi UFJ Trust & Banking
65
Mitsubishi UFJ Trust & Banking
Japan
$45.5M +$1.24M +15,424 +3%
TA
66
Teachers Advisors
New York
$44.7M +$2.41M +29,890 +6%
CNB
67
City National Bank
California
$44.4M +$12.8M +159,277 +40%
Bank of New York Mellon
68
Bank of New York Mellon
New York
$43.5M -$4M -49,589 -8%
RIG
69
Roosevelt Investment Group
New York
$42.3M -$21.4M -265,362 -33%
HHC
70
Hutchin Hill Capital
New York
$41.6M +$9M +111,667 +27%
LCS
71
Levin Capital Strategies
New York
$40.2M +$18.1M +224,217 +80%
RCM
72
Redwood Capital Management
New York
$40M
SAC
73
Smith Affiliated Capital
New York
$39.9M
AC
74
Apex Capital
California
$39.6M -$5.76M -71,467 -13%
Federated Hermes
75
Federated Hermes
Pennsylvania
$39.6M +$39.9M +494,820 +773,156%

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.