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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
SAM
101
Sandell Asset Management
New York
$23.4M
Ohio Public Employees Retirement System (OPERS)
102
Ohio Public Employees Retirement System (OPERS)
Ohio
$23.1M +$908K +11,267 +4%
Two Sigma Investments
103
Two Sigma Investments
New York
$23M +$15.4M +191,169 +197%
OAM
104
Oxford Asset Management
United Kingdom
$22.8M -$8.23M -102,063 -26%
ICM
105
Ionic Capital Management
New York
$22.8M +$23M +285,390 New
Arrowstreet Capital
106
Arrowstreet Capital
Massachusetts
$22.3M -$6.88M -85,306 -23%
LCM
107
LionEye Capital Management
New York
$22M +$21.2M +263,333 +2,257%
TRSOTSOK
108
Teachers Retirement System of the State of Kentucky
Kentucky
$21.9M -$1.46M -18,166 -6%
PI
109
PGGM Investments
Netherlands
$21.8M +$22M +272,663 New
FCM
110
Freshford Capital Management
New York
$21.8M -$5.65M -70,098 -20%
PP
111
PDT Partners
New York
$21.7M +$21.3M +264,267 +3,420%
KI
112
Kalmar Investments
Delaware
$21.4M
MC
113
Maplelane Capital
New York
$21.3M +$21.5M +266,833 New
IIM
114
Ivory Investment Management
New York
$21.3M +$8.06M +100,000 +60%
LCM
115
Lonestar Capital Management
California
$21.3M +$21.5M +266,667 New
SCA
116
SAC Capital Advisors
Connecticut
$20.7M +$3.38M +41,994 +19%
Capital Fund Management (CFM)
117
Capital Fund Management (CFM)
France
$20.6M +$3.87M +47,964 +23%
MNA
118
Manning & Napier Advisors
New York
$20.5M +$20.7M +256,787 New
CHCM
119
Columbus Hill Capital Management
New Jersey
$20.5M -$1.07M -13,334 -5%
DAM
120
Deltec Asset Management
New York
$19.9M +$1.06M +13,134 +6%
Alyeska Investment Group
121
Alyeska Investment Group
Illinois
$19.5M +$19.6M +243,743 New
Tiger Global Management
122
Tiger Global Management
New York
$19.3M +$19.5M +241,667 New
RCM
123
Roystone Capital Management
New York
$19M +$18M +223,833 +1,544%
DP
124
DW Partners
New York
$19M -$806K -10,000 -4%
Bank of America
125
Bank of America
North Carolina
$18.2M +$8.28M +102,763 +82%

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.