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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
SM
126
Scoggin Management
New York
$17.7M +$3.32M +41,167 +23%
Charles Schwab
127
Charles Schwab
California
$17.7M -$862K -10,694 -5%
TVM
128
Tiger Veda Management
New York
$17.4M
PPA
129
Parametric Portfolio Associates
Washington
$17M +$311K +3,860 +2%
EAM
130
Edge Asset Management
Washington
$16.9M -$191K -2,367 -1%
California State Teachers Retirement System (CalSTRS)
131
California State Teachers Retirement System (CalSTRS)
California
$16.8M +$80.6K +1,000 +0.5%
MTB
132
Mizuho Trust & Banking
Japan
$16.4M +$1.06M +13,173 +7%
MCM
133
Munder Capital Management
Michigan
$15.5M -$1.13M -14,022 -7%
HSBC Holdings
134
HSBC Holdings
United Kingdom
$15.1M -$16.9M -209,978 -53%
BPCM
135
Beach Point Capital Management
California
$15.1M +$384K +4,761 +3%
AIP
136
ARS Investment Partners
New York
$14.4M -$118K -1,462 -0.8%
NFA
137
Nationwide Fund Advisors
Ohio
$14.4M -$182K -2,253 -1%
KCM
138
Knighthead Capital Management
New York
$14.3M +$7.68M +95,328 +114%
KCA
139
KR Capital Advisors
New York
$13.9M -$6.58M -81,645 -32%
Goldman Sachs
140
Goldman Sachs
New York
$13.9M +$1.62M +20,057 +13%
WMSA
141
Weiss Multi-Strategy Advisers
New York
$13.8M +$5.05M +62,600 +57%
CB
142
Commerce Bank
Missouri
$13.7M +$756K +9,375 +6%
GIA
143
Gateway Investment Advisers
Ohio
$13.6M -$8.06K -100 -0.1%
BJ
144
BlackRock Japan
Japan
$13.4M +$1.27M +15,751 +10%
New York State Common Retirement Fund
145
New York State Common Retirement Fund
New York
$13.4M +$2.69M +33,425 +25%
MTIP
146
Magee Thomson Investment Partners
California
$13.3M +$15.7K +195 +0.1%
APG Asset Management
147
APG Asset Management
Netherlands
$13.3M +$4.19M +51,995 +46%
State Board of Administration of Florida Retirement System
148
State Board of Administration of Florida Retirement System
Florida
$13.3M -$985K -12,216 -7%
SI
149
Standard Investments
New York
$12.5M -$7.57M -93,968 -37%
LCM
150
LG Capital Management
Maryland
$12M +$7.24M +89,867 +149%

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.