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Herc Holdings

177 hedge funds and large institutions have $1.4B invested in Herc Holdings in 2018 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 42 increasing their positions, 57 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $8.03M | Put options by funds: $4.98M

3% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 32

0.43% less ownership

Funds ownership: 96.26%95.82% (-0.43%)

1% less funds holding

Funds holding: 179177 (-2)

9% less capital invested

Capital invested by funds: $1.54B → $1.4B (-$144M)

26% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 57

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
177
Holders Change
-2
Holders Change %
-1.12%
% of All Funds
4.05%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
33
Increased
42
Reduced
57
Closed
32
Calls
$8.03M
Puts
$4.98M
Net Calls
+$3.04M
Net Calls Change
+$1.9M
Name Holding Trade Value Shares
Change
Change in
Stake
HK
101
Horizon Kinetics
New York
$412K +$65.9K +1,218 +18%
MLICM
102
Metropolitan Life Insurance Company (MetLife)
New York
$400K
PAG
103
Private Advisor Group
New Jersey
$399K +$421K +7,787 New
CCIA
104
Campbell & Co Investment Adviser
Maryland
$389K +$411K +7,600 New
SBSB
105
Sullivan, Bruyette, Speros & Blaney
Virginia
$384K
Squarepoint
106
Squarepoint
New York
$379K -$382K -7,054 -49%
Russell Investments Group
107
Russell Investments Group
United Kingdom
$374K +$395K +7,303 New
Connor, Clark & Lunn Investment Management (CC&L)
108
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$367K +$388K +7,175 New
CBU
109
CIBC Bank USA
Illinois
$346K
Citigroup
110
Citigroup
New York
$345K -$82.5K -1,525 -18%
AIM
111
Assured Investment Management
New York
$343K -$23K -425 -6%
DTL
112
Dynamic Technology Lab
Singapore
$313K +$331K +6,112 New
Federated Hermes
113
Federated Hermes
Pennsylvania
$299K -$6.16M -113,781 -95%
JP Morgan Chase
114
JP Morgan Chase
New York
$289K +$32.7K +604 +12%
Mirae Asset Global Investments
115
Mirae Asset Global Investments
South Korea
$275K +$291K +5,371 New
MC
116
Menta Capital
California
$266K -$158K -2,913 -36%
Verition Fund Management
117
Verition Fund Management
Connecticut
$251K +$265K +4,904 New
Principal Financial Group
118
Principal Financial Group
Iowa
$249K +$3.73K +69 +1%
Balyasny Asset Management
119
Balyasny Asset Management
Illinois
$245K +$258K +4,776 New
Arrowstreet Capital
120
Arrowstreet Capital
Massachusetts
$234K -$6.19M -114,455 -96%
FMT
121
First Mercantile Trust
Tennessee
$225K
N
122
Natixis
France
$225K +$42.8K +790 +22%
SLF
123
Sun Life Financial
Ontario, Canada
$222K +$29.5K +546 +14%
PNC Financial Services Group
124
PNC Financial Services Group
Pennsylvania
$218K -$2.17K -40 -0.9%
Wellington Management Group
125
Wellington Management Group
Massachusetts
$215K -$1.25M -23,190 -85%

HRI Hedge Fund Activity: Q3 2018 in Review

177 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q3 2018, worth a combined $1.4B — down 9.3% from $1.54B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new HRI positions and 32 closed out — a net gain of 1 holder — while 42 added to existing stakes and 57 trimmed.

The largest buyer was PAR Capital Management, adding an estimated $16.6M. The largest seller was Highfields Capital Management, cutting an estimated $25.8M.

  • 177 institutional investors held Herc Holdings (HRI) as of Q3 2018, down from 179 in Q2 2018.
  • Funds reported $1.4B of Herc Holdings stock for Q3 2018, down 9.3% quarter-over-quarter.
  • 33 funds opened new Herc Holdings positions in Q3 2018 and 32 closed out, a net change of +1 holder.
  • The largest Herc Holdings buyer in Q3 2018 was PAR Capital Management, an estimated $16.6M added.
  • The largest Herc Holdings seller in Q3 2018 was Highfields Capital Management, an estimated $25.8M sold.

Based on aggregated 13F filings for Q3 2018.