Herc Holdings
146 hedge funds and large institutions have $562M invested in Herc Holdings in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 48 increasing their positions, 46 reducing their positions, and 39 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 46
1.6% less ownership
Funds ownership: 96.91% → 95.31% (-1.6%)
14% less funds holding
Funds holding: 170 → 146 (-24)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
48% less call options, than puts
Call options by funds: $1.12M | Put options by funds: $2.13M
54% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 39
59% less capital invested
Capital invested by funds: $1.36B → $562M (-$801M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$15.2M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$6.59M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.32M |
| 4 |
Harris Associates
Chicago,
Illinois
|
+$4.28M |
| 5 |
RCM
Redwood Capital Management
New York
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$8.43M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$7.96M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$7.28M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$6.09M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$5.86M |
HRI Hedge Fund Activity: Q1 2020 in Review
146 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q1 2020, worth a combined $562M — down 59% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of HRI and 18 opened new positions — a net loss of 21 holders — while 46 trimmed existing stakes and 48 added.
The largest buyer was BlackRock, adding an estimated $15.2M. The largest seller was Renaissance Technologies, cutting an estimated $8.43M.
- 146 institutional investors held Herc Holdings (HRI) as of Q1 2020, down from 170 in Q4 2019.
- Funds reported $562M of Herc Holdings stock for Q1 2020, down 59% quarter-over-quarter.
- 18 funds opened new Herc Holdings positions in Q1 2020 and 39 closed out, a net change of -21 holders.
- The largest Herc Holdings buyer in Q1 2020 was BlackRock, an estimated $15.2M added.
- The largest Herc Holdings seller in Q1 2020 was Renaissance Technologies, an estimated $8.43M sold.
Based on aggregated 13F filings for Q1 2020.