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Herc Holdings

178 hedge funds and large institutions have $1.05B invested in Herc Holdings in 2019 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 40 increasing their positions, 62 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

47% more capital invested

Capital invested by funds: $712M → $1.05B (+$335M)

19% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 26

2% more funds holding

Funds holding: 175178 (+3)

2.1% less ownership

Funds ownership: 96.39%94.29% (-2.1%)

35% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 62

44% less call options, than puts

Call options by funds: $3.41M | Put options by funds: $6.05M

Holders
178
Holders Change
+3
Holders Change %
+1.71%
% of All Funds
3.85%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.06%
New
31
Increased
40
Reduced
62
Closed
26
Calls
$3.41M
Puts
$6.05M
Net Calls
-$2.64M
Net Calls Change
-$6.22M
Name Holding Trade Value Shares
Change
Change in
Stake
State Board of Administration of Florida Retirement System
101
State Board of Administration of Florida Retirement System
Florida
$402K -$378 -10 -0.1%
CA
102
Commerzbank Aktiengesellschaft
Germany
$400K
Legal & General Group
103
Legal & General Group
United Kingdom
$396K +$7.33K +194 +2%
AG
104
Aperio Group
California
$381K -$53.6K -1,419 -13%
VOYA Investment Management
105
VOYA Investment Management
Georgia
$379K -$31.9K -845 -8%
Citigroup
106
Citigroup
New York
$365K -$310K -8,210 -47%
SCA
107
Secor Capital Advisors
New York
$364K +$353K +9,349 New
Barclays
108
Barclays
United Kingdom
$363K -$11.7K -310 -3%
CCM
109
Cohen Capital Management
California
$357K
HKAM
110
Horizon Kinetics Asset Management
New York
$351K +$340K +9,007 New
Balyasny Asset Management
111
Balyasny Asset Management
Illinois
$333K -$322K -8,532 -50%
EGM
112
Engineers Gate Manager
New York
$326K +$317K +8,376 New
GC
113
Guggenheim Capital
Illinois
$324K -$12.5K -332 -4%
BNP Paribas Financial Markets
114
BNP Paribas Financial Markets
France
$310K +$178K +4,710 +145%
MLICM
115
Metropolitan Life Insurance Company (MetLife)
New York
$304K
Bank of Montreal
116
Bank of Montreal
Ontario, Canada
$299K +$224K +5,919 +340%
SBSB
117
Sullivan, Bruyette, Speros & Blaney
Virginia
$292K +$283K +7,500 New
OAC
118
OMERS Administration Corp
Ontario, Canada
$287K +$268K +7,100 New
GCP
119
GSA Capital Partners
United Kingdom
$286K -$520K -13,766 -65%
EMG
120
Ellington Management Group
Connecticut
$273K +$265K +7,000 New
GWM
121
Greenwich Wealth Management
Connecticut
$267K +$170K +4,500 +41%
SLF
122
Sun Life Financial
Ontario, Canada
$254K +$1.32K +35 +0.5%
PAG
123
Private Advisor Group
New Jersey
$241K +$233K +6,176 New
BCM
124
Bayesian Capital Management
New York
$230K +$223K +5,900 New
JP Morgan Chase
125
JP Morgan Chase
New York
$227K -$11.3K -300 -5%

HRI Hedge Fund Activity: Q1 2019 in Review

178 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q1 2019, worth a combined $1.05B — up 47% from $712M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new HRI positions and 26 closed out — a net gain of 5 holders — while 40 added to existing stakes and 62 trimmed.

The largest buyer was ACK Asset Management, opening a new position worth an estimated $14.4M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $11.9M sold.

  • 178 institutional investors held Herc Holdings (HRI) as of Q1 2019, up from 175 in Q4 2018.
  • Funds reported $1.05B of Herc Holdings stock for Q1 2019, up 47% quarter-over-quarter.
  • 31 funds opened new Herc Holdings positions in Q1 2019 and 26 closed out, a net change of +5 holders.
  • The largest Herc Holdings buyer in Q1 2019 was ACK Asset Management, an estimated $14.4M added.
  • The largest Herc Holdings seller in Q1 2019 was Philadelphia Financial Management of San Francisco, an estimated $11.9M sold.

Based on aggregated 13F filings for Q1 2019.