Herc Holdings
274 hedge funds and large institutions have $3.11B invested in Herc Holdings in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 111 increasing their positions, 80 reducing their positions, and 18 closing their positions.
189% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 18
39% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 80
13% more funds holding
Funds holding: 243 → 274 (+31)
3% more call options, than puts
Call options by funds: $13.9M | Put options by funds: $13.5M
0.43% less ownership
Funds ownership: 94.17% → 93.74% (-0.43%)
11% less capital invested
Capital invested by funds: $3.51B → $3.11B (-$400M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$121M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$83.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.1M |
| 4 |
Jennison Associates
New York
|
+$36.5M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$478M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$72.3M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$35.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$25.1M |
| 5 |
ECP
Electron Capital Partners
New York
|
-$21.5M |
HRI Hedge Fund Activity: Q1 2023 in Review
274 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q1 2023, worth a combined $3.11B — down 11% from $3.51B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new HRI positions and 18 closed out — a net gain of 34 holders — while 111 added to existing stakes and 80 trimmed.
The largest buyer was BlackRock, adding an estimated $121M. The largest seller was Icahn Carl, cutting an estimated $478M.
- 274 institutional investors held Herc Holdings (HRI) as of Q1 2023, up from 243 in Q4 2022.
- Funds reported $3.11B of Herc Holdings stock for Q1 2023, down 11% quarter-over-quarter.
- 52 funds opened new Herc Holdings positions in Q1 2023 and 18 closed out, a net change of +34 holders.
- The largest Herc Holdings buyer in Q1 2023 was BlackRock, an estimated $121M added.
- The largest Herc Holdings seller in Q1 2023 was Icahn Carl, an estimated $478M sold.
Based on aggregated 13F filings for Q1 2023.