Herc Holdings
370 hedge funds and large institutions have $8.41B invested in Herc Holdings in 2015 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 123 increasing their positions, 154 reducing their positions, and 50 closing their positions.
49% more call options, than puts
Call options by funds: $288M | Put options by funds: $194M
0.44% more ownership
Funds ownership: 34.13% → 34.57% (+0.44%)
3% less funds holding
Funds holding: 382 → 370 (-12)
15% less capital invested
Capital invested by funds: $9.95B → $8.41B (-$1.54B)
20% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 154
22% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 50
35% less funds holding in top 10
Funds holding in top 10: 17 → 11 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$143M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$132M |
| 3 |
Goldman Sachs
New York
|
+$114M |
| 4 |
GC
Greenlight Capital
New York
|
+$111M |
| 5 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$72.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$308M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$101M |
| 3 |
Morgan Stanley
New York
|
-$44.7M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$40.7M |
| 5 |
Barclays
London,
United Kingdom
|
-$36.1M |
HRI Hedge Fund Activity: Q2 2015 in Review
370 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q2 2015, worth a combined $8.41B — down 15% from $9.95B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of HRI and 39 opened new positions — a net loss of 11 holders — while 154 trimmed existing stakes and 123 added.
The largest buyer was Sasco Capital, opening a new position worth an estimated $143M. The largest seller was Tiger Global Management, exiting entirely with an estimated $308M sold.
- 370 institutional investors held Herc Holdings (HRI) as of Q2 2015, down from 382 in Q1 2015.
- Funds reported $8.41B of Herc Holdings stock for Q2 2015, down 15% quarter-over-quarter.
- 39 funds opened new Herc Holdings positions in Q2 2015 and 50 closed out, a net change of -11 holders.
- The largest Herc Holdings buyer in Q2 2015 was Sasco Capital, an estimated $143M added.
- The largest Herc Holdings seller in Q2 2015 was Tiger Global Management, an estimated $308M sold.
Based on aggregated 13F filings for Q2 2015.