Herc Holdings
280 hedge funds and large institutions have $3.51B invested in Herc Holdings in 2024 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 114 increasing their positions, 96 reducing their positions, and 37 closing their positions.
194% more call options, than puts
Call options by funds: $11.9M | Put options by funds: $4.07M
19% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 96
11% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 37
0.71% more ownership
Funds ownership: 92.22% → 92.92% (+0.71%)
0% less funds holding
Funds holding: 281 → 280 (-1)
20% less capital invested
Capital invested by funds: $4.38B → $3.51B (-$870M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| 1 |
Norges Bank
Oslo,
Norway
|
+$115M |
| 2 |
TP
Theleme Partners
London,
United Kingdom
|
+$39.5M |
| 3 |
BlackRock
New York
|
+$32.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$19.7M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$17.7M |
Top Sellers
| 1 |
Franklin Resources
San Mateo,
California
|
-$44.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$36M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$33.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$30.1M |
HRI Hedge Fund Activity: Q2 2024 in Review
280 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q2 2024, worth a combined $3.51B — down 20% from $4.38B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new HRI positions and 37 closed out — a net gain of 4 holders — while 114 added to existing stakes and 96 trimmed.
The largest buyer was Norges Bank, adding an estimated $115M. The largest seller was Franklin Resources, cutting an estimated $44.9M.
- 280 institutional investors held Herc Holdings (HRI) as of Q2 2024, down from 281 in Q1 2024.
- Funds reported $3.51B of Herc Holdings stock for Q2 2024, down 20% quarter-over-quarter.
- 41 funds opened new Herc Holdings positions in Q2 2024 and 37 closed out, a net change of +4 holders.
- The largest Herc Holdings buyer in Q2 2024 was Norges Bank, an estimated $115M added.
- The largest Herc Holdings seller in Q2 2024 was Franklin Resources, an estimated $44.9M sold.
Based on aggregated 13F filings for Q2 2024.