Herc Holdings
174 hedge funds and large institutions have $1.26B invested in Herc Holdings in 2019 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 20 closing their positions.
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
28% more call options, than puts
Call options by funds: $4.82M | Put options by funds: $3.77M
2% more funds holding
Funds holding: 170 → 174 (+4)
1% more capital invested
Capital invested by funds: $1.24B → $1.26B (+$13.2M)
0.11% more ownership
Funds ownership: 95% → 95.11% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$16.5M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.7M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$7.58M |
| 4 |
BlackRock
New York
|
+$7.25M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$6.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$11.5M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$10.9M |
| 3 |
SIM
Spark Investment Management
New York
|
-$9.63M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$7.23M |
| 5 |
WIC
Water Island Capital
New York
|
-$6.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
USAA
176
United Services Automobile Association
San Antonio,
Texas
| – | -$306K | -6,682 | Closed |
|
|
PAG
177
Private Advisor Group
Morristown,
New Jersey
| – | -$271K | -5,924 | Closed |
|
|
MF
178
Manchester Financial
Westlake Village,
California
| – | -$229K | -5,000 | Closed |
|
179
Verition Fund Management
Greenwich,
Connecticut
| – | -$214K | -4,659 | Closed |
|
180
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$153K | -3,325 | Closed |
|
181
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$115K | -2,514 | Closed |
|
|
OIA
182
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$32K | -700 | Closed |
|
183
Fidelity Investments
Boston,
Massachusetts
| – | -$4.39K | -101 | -96% |
|
184
Credit Agricole
Montrouge Cedex,
France
| – | +$43 | +1 | New |
|
|
RFA
185
Reilly Financial Advisors
La Mesa,
California
| – | +$217 | +5 | New |
|
HRI Hedge Fund Activity: Q3 2019 in Review
174 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q3 2019, worth a combined $1.26B — up 1.1% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new HRI positions and 20 closed out — a net gain of 6 holders — while 50 added to existing stakes and 51 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $16.5M. The largest seller was Primecap Management, exiting entirely with an estimated $11.5M sold.
- 174 institutional investors held Herc Holdings (HRI) as of Q3 2019, up from 170 in Q2 2019.
- Funds reported $1.26B of Herc Holdings stock for Q3 2019, up 1.1% quarter-over-quarter.
- 26 funds opened new Herc Holdings positions in Q3 2019 and 20 closed out, a net change of +6 holders.
- The largest Herc Holdings buyer in Q3 2019 was Renaissance Technologies, an estimated $16.5M added.
- The largest Herc Holdings seller in Q3 2019 was Primecap Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2019.