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Herc Holdings

461 hedge funds and large institutions have $12.6B invested in Herc Holdings in 2014 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 179 increasing their positions, 172 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

165% more call options, than puts

Call options by funds: $584M | Put options by funds: $220M

9% more capital invested

Capital invested by funds: $11.6B → $12.6B (+$1.03B)

1.24% more ownership

Funds ownership: 32.29%33.53% (+1.2%)

4% more repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 172

4% less funds holding

Funds holding: 480461 (-19)

16% less funds holding in top 10

Funds holding in top 10: 4538 (-7)

24% less first-time investments, than exits

New positions opened: 58 | Existing positions closed: 76

Holders
461
Holders Change
-19
Holders Change %
-3.96%
% of All Funds
13.25%
Holding in Top 10
38
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-15.56%
% of All Funds
1.09%
New
58
Increased
179
Reduced
172
Closed
76
Calls
$584M
Puts
$220M
Net Calls
+$364M
Net Calls Change
+$293M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
101
California State Teachers Retirement System (CalSTRS)
California
$23.7M +$6.06M +71,967 +34%
ICM
102
Ionic Capital Management
New York
$23.4M -$620K -7,360 -3%
KI
103
Kalmar Investments
Delaware
$22.5M
KCM
104
Knighthead Capital Management
New York
$22M +$7.02M +83,334 +47%
MNA
105
Manning & Napier Advisors
New York
$21.7M +$146K +1,733 +0.7%
Bank of America
106
Bank of America
North Carolina
$21.6M +$2.41M +28,552 +13%
SAM
107
Sandell Asset Management
New York
$21.1M -$3.54M -42,065 -14%
BPM
108
Bronson Point Management
Connecticut
$20.9M +$15.3M +181,583 +272%
RIG
109
Roosevelt Investment Group
New York
$20.6M -$23.9M -284,034 -54%
FCM
110
Freshford Capital Management
New York
$20.3M -$2.64M -31,377 -12%
DP
111
DW Partners
New York
$20.2M
MAA
112
Managed Account Advisors
New Jersey
$20M -$8.81M -104,616 -31%
APG Asset Management
113
APG Asset Management
Netherlands
$19.3M +$5.31M +63,053 +38%
DAM
114
Deltec Asset Management
New York
$18.1M -$2.85M -33,817 -14%
BA
115
BlackRock Advisors
Delaware
$18M -$15.8M -187,713 -47%
PPA
116
Parametric Portfolio Associates
Washington
$17.8M -$47.8K -567 -0.3%
HCM
117
Highbridge Capital Management
New York
$17.4M +$15.3M +182,002 +723%
TRSOTSOK
118
Teachers Retirement System of the State of Kentucky
Kentucky
$17.3M -$5.73M -67,967 -25%
Charles Schwab
119
Charles Schwab
California
$17M -$1.59M -18,833 -9%
BPCM
120
Beach Point Capital Management
California
$17M +$1.14M +13,484 +7%
MC
121
Maplelane Capital
New York
$16.8M -$5.63M -66,833 -25%
MTB
122
Mizuho Trust & Banking
Japan
$16.2M -$1.06M -12,607 -6%
State Board of Administration of Florida Retirement System
123
State Board of Administration of Florida Retirement System
Florida
$16M +$2.06M +24,451 +15%
Credit Agricole
124
Credit Agricole
France
$15.8M +$13.2M +157,179 +517%
DKCM
125
Davidson Kempner Capital Management
New York
$15M +$6.15M +72,940 +69%

HRI Hedge Fund Activity: Q2 2014 in Review

461 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q2 2014, worth a combined $12.6B — up 8.9% from $11.6B a quarter earlier.

Sellers outnumbered buyers: 76 funds closed out of HRI and 58 opened new positions — a net loss of 18 holders — while 172 trimmed existing stakes and 179 added.

The largest buyer was UBS, adding an estimated $313M. The largest seller was Wellington Management Group, cutting an estimated $325M.

  • 461 institutional investors held Herc Holdings (HRI) as of Q2 2014, down from 480 in Q1 2014.
  • Funds reported $12.6B of Herc Holdings stock for Q2 2014, up 8.9% quarter-over-quarter.
  • 58 funds opened new Herc Holdings positions in Q2 2014 and 76 closed out, a net change of -18 holders.
  • The largest Herc Holdings buyer in Q2 2014 was UBS, an estimated $313M added.
  • The largest Herc Holdings seller in Q2 2014 was Wellington Management Group, an estimated $325M sold.

Based on aggregated 13F filings for Q2 2014.