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Herc Holdings

331 hedge funds and large institutions have $4.35B invested in Herc Holdings in 2016 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 132 increasing their positions, 94 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 94

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

15% more call options, than puts

Call options by funds: $55.5M | Put options by funds: $48.4M

0.58% more ownership

Funds ownership: 32.14%32.73% (+0.58%)

8% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 60

2% less funds holding

Funds holding: 339331 (-8)

29% less capital invested

Capital invested by funds: $6.1B → $4.35B (-$1.75B)

Holders
331
Holders Change
-8
Holders Change %
-2.36%
% of All Funds
8.82%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.19%
New
55
Increased
132
Reduced
94
Closed
60
Calls
$55.5M
Puts
$48.4M
Net Calls
+$7.07M
Net Calls Change
-$93.4M
Name Holding Trade Value Shares
Change
Change in
Stake
RGI
126
River Global Investors
United Kingdom
$1.9M +$1.76M +60,083 New
Citigroup
127
Citigroup
New York
$1.9M -$968K -32,954 -35%
AIM
128
Alambic Investment Management
California
$1.83M +$1.26M +43,020 +288%
Capstone Investment Advisors
129
Capstone Investment Advisors
New York
$1.79M +$1.66M +56,681 New
GCIA
130
Gabelli & Co Investment Advisers
New York
$1.77M +$644K +21,916 +64%
Royal Bank of Canada
131
Royal Bank of Canada
Ontario, Canada
$1.72M -$424K -14,436 -21%
CIBC Private Wealth Group
132
CIBC Private Wealth Group
Georgia
$1.71M -$39.5K -1,346 -2%
VOYA Investment Management
133
VOYA Investment Management
Georgia
$1.7M -$173K -5,879 -10%
BIM
134
BlackRock Investment Management
Delaware
$1.67M -$176K -6,000 -10%
PAM
135
Princeton Alpha Management
New Jersey
$1.65M +$1.54M +52,341 New
JMPWA
136
JP Morgan Private Wealth Advisors
California
$1.63M +$794K +27,046 +110%
IP
137
Interval Partners
New York
$1.58M +$1.47M +49,912 New
Asset Management One
138
Asset Management One
Japan
$1.55M +$167K +5,689 +13%
Connor, Clark & Lunn Investment Management (CC&L)
139
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.5M +$1.4M +47,608 New
PNC Financial Services Group
140
PNC Financial Services Group
Pennsylvania
$1.48M +$580K +19,734 +73%
WMSA
141
Weiss Multi-Strategy Advisers
New York
$1.42M +$832K +28,333 +170%
Ameriprise
142
Ameriprise
Minnesota
$1.4M -$1.13M -38,411 -47%
HK
143
Horizon Kinetics
New York
$1.36M -$106K -3,616 -8%
GIBU
144
Gulf International Bank (UK)
United Kingdom
$1.34M
QIM
145
Quantitative Investment Management
Virginia
$1.3M +$1.21M +41,167 New
WBC
146
Westpac Banking Corp
Australia
$1.29M +$1.05M +35,667 +701%
Marshall Wace
147
Marshall Wace
United Kingdom
$1.27M -$4.53M -154,177 -79%
FAF
148
Fjarde Ap-fonden
Sweden
$1.26M +$69K +2,350 +6%
Barclays
149
Barclays
United Kingdom
$1.22M -$2.72M -92,506 -70%
Ohio Public Employees Retirement System (OPERS)
150
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.2M -$5.97M -203,356 -84%

HRI Hedge Fund Activity: Q1 2016 in Review

331 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q1 2016, worth a combined $4.35B — down 29% from $6.1B a quarter earlier.

Sellers outnumbered buyers: 60 funds closed out of HRI and 55 opened new positions — a net loss of 5 holders — while 94 trimmed existing stakes and 132 added.

The largest buyer was Coatue Management, opening a new position worth an estimated $50.7M. The largest seller was Goldman Sachs, cutting an estimated $216M.

  • 331 institutional investors held Herc Holdings (HRI) as of Q1 2016, down from 339 in Q4 2015.
  • Funds reported $4.35B of Herc Holdings stock for Q1 2016, down 29% quarter-over-quarter.
  • 55 funds opened new Herc Holdings positions in Q1 2016 and 60 closed out, a net change of -5 holders.
  • The largest Herc Holdings buyer in Q1 2016 was Coatue Management, an estimated $50.7M added.
  • The largest Herc Holdings seller in Q1 2016 was Goldman Sachs, an estimated $216M sold.

Based on aggregated 13F filings for Q1 2016.