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Herc Holdings

382 hedge funds and large institutions have $9.95B invested in Herc Holdings in 2015 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 161 increasing their positions, 114 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 114

1.9% more ownership

Funds ownership: 32.23%34.13% (+1.9%)

5% less call options, than puts

Call options by funds: $222M | Put options by funds: $233M

7% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 58

2% less funds holding

Funds holding: 389382 (-7)

8% less capital invested

Capital invested by funds: $10.8B → $9.95B (-$836M)

26% less funds holding in top 10

Funds holding in top 10: 2317 (-6)

Holders
382
Holders Change
-7
Holders Change %
-1.8%
% of All Funds
10.18%
Holding in Top 10
17
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-26.09%
% of All Funds
0.45%
New
54
Increased
161
Reduced
114
Closed
58
Calls
$222M
Puts
$233M
Net Calls
-$11.4M
Net Calls Change
-$243M
Name Holding Trade Value Shares
Change
Change in
Stake
CA
76
Cortland Associates
Missouri
$18.9M +$118K +1,765 +0.6%
Mitsubishi UFJ Trust & Banking
77
Mitsubishi UFJ Trust & Banking
Japan
$18.8M +$860K +12,871 +5%
California State Teachers Retirement System (CalSTRS)
78
California State Teachers Retirement System (CalSTRS)
California
$17.8M -$312K -4,666 -2%
VNIM
79
Vaughan Nelson Investment Management
Texas
$17.8M +$875K +13,092 +5%
Korea Investment Corp
80
Korea Investment Corp
South Korea
$17.7M +$17.2M +258,000 +1,847%
PI
81
PGGM Investments
Netherlands
$17.3M -$2.38M -35,595 -12%
CCM
82
Cobalt Capital Management
New Jersey
$14.9M +$2.4M +36,000 +19%
Swiss National Bank
83
Swiss National Bank
Switzerland
$14.8M +$5.92M +88,667 +64%
Charles Schwab
84
Charles Schwab
California
$14.7M +$1.76M +26,346 +13%
PCM
85
Pentwater Capital Management
Florida
$14.6M +$14.7M +220,000 +5,500%
New York State Common Retirement Fund
86
New York State Common Retirement Fund
New York
$14.5M +$10.5M +156,911 +236%
TRSOTSOK
87
Teachers Retirement System of the State of Kentucky
Kentucky
$13.6M -$1.12M -16,817 -7%
CCA
88
Catalyst Capital Advisors
New York
$13.3M +$612K +9,167 +5%
MTB
89
Mizuho Trust & Banking
Japan
$13M +$421K +6,297 +3%
State Board of Administration of Florida Retirement System
90
State Board of Administration of Florida Retirement System
Florida
$11.8M -$683K -10,224 -5%
BCMNY
91
Buckingham Capital Management (New York)
New York
$11.6M -$1.29M -19,242 -10%
MCC
92
Mid Continent Capital
Illinois
$11.6M -$11.3M -169,650 -49%
1M
93
13D Management
New York
$11.5M +$1.9M +28,411 +19%
BTS
94
BB&T Securities
Virginia
$11.4M +$1.17M +17,566 New
CS
95
Credit Suisse
Switzerland
$11.4M -$55.3M -828,523 -83%
KI
96
Kalmar Investments
Delaware
$11.4M
CSC
97
Cove Street Capital
California
$11M +$4.38M +65,527 +63%
BJ
98
BlackRock Japan
Japan
$10.6M -$805K -12,055 -7%
Carson Wealth (CWM LLC)
99
Carson Wealth (CWM LLC)
Nebraska
$10.3M +$3.04M +45,578 +40%
Bank of America
100
Bank of America
North Carolina
$10.3M -$4.56M -68,197 -30%

HRI Hedge Fund Activity: Q1 2015 in Review

382 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q1 2015, worth a combined $9.95B — down 7.8% from $10.8B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of HRI and 54 opened new positions — a net loss of 4 holders — while 114 trimmed existing stakes and 161 added.

The largest buyer was Jana Partners, opening a new position worth an estimated $930M. The largest seller was SRS Investment Management, cutting an estimated $202M.

  • 382 institutional investors held Herc Holdings (HRI) as of Q1 2015, down from 389 in Q4 2014.
  • Funds reported $9.95B of Herc Holdings stock for Q1 2015, down 7.8% quarter-over-quarter.
  • 54 funds opened new Herc Holdings positions in Q1 2015 and 58 closed out, a net change of -4 holders.
  • The largest Herc Holdings buyer in Q1 2015 was Jana Partners, an estimated $930M added.
  • The largest Herc Holdings seller in Q1 2015 was SRS Investment Management, an estimated $202M sold.

Based on aggregated 13F filings for Q1 2015.