Herc Holdings
150 hedge funds and large institutions have $1.4B invested in Herc Holdings in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 54 reducing their positions, and 25 closing their positions.
119% more call options, than puts
Call options by funds: $21.4M | Put options by funds: $9.8M
20% more capital invested
Capital invested by funds: $1.17B → $1.4B (+$235M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.14% less ownership
Funds ownership: 104.84% → 100.69% (-4.1%)
6% less funds holding
Funds holding: 160 → 150 (-10)
26% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 54
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$7.89M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$5.01M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$3.85M |
| 4 |
BlackRock
New York
|
+$3.23M |
| 5 |
GL
Governors Lane
New York
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Banbury Partners
Charlotte,
North Carolina
|
-$9.47M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$8.99M |
| 3 |
AC
Ascend Capital
Orinda,
California
|
-$8.21M |
| 4 |
Goldman Sachs
New York
|
-$7.59M |
| 5 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$6.15M |
HRI Hedge Fund Activity: Q3 2017 in Review
150 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q3 2017, worth a combined $1.4B — up 20% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of HRI and 15 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 40 added.
The largest buyer was Icahn Carl, adding an estimated $7.89M. The largest seller was Banbury Partners, cutting an estimated $9.47M.
- 150 institutional investors held Herc Holdings (HRI) as of Q3 2017, down from 160 in Q2 2017.
- Funds reported $1.4B of Herc Holdings stock for Q3 2017, up 20% quarter-over-quarter.
- 15 funds opened new Herc Holdings positions in Q3 2017 and 25 closed out, a net change of -10 holders.
- The largest Herc Holdings buyer in Q3 2017 was Icahn Carl, an estimated $7.89M added.
- The largest Herc Holdings seller in Q3 2017 was Banbury Partners, an estimated $9.47M sold.
Based on aggregated 13F filings for Q3 2017.