Herc Holdings
185 hedge funds and large institutions have $1.1B invested in Herc Holdings in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 51 increasing their positions, 67 reducing their positions, and 47 closing their positions.
16% more capital invested
Capital invested by funds: $943M → $1.1B (+$153M)
2.51% less ownership
Funds ownership: 98.91% → 96.4% (-2.5%)
6% less funds holding
Funds holding: 196 → 185 (-11)
19% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 47
24% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 67
41% less call options, than puts
Call options by funds: $12.9M | Put options by funds: $21.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$42.3M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$19.3M |
| 3 |
Two Sigma Investments
New York
|
+$14.2M |
| 4 |
BP
Banbury Partners
Charlotte,
North Carolina
|
+$10M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$9.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.3M |
| 2 |
PC
PointState Capital
New York
|
-$21M |
| 3 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$17.9M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
-$16.7M |
| 5 |
GP
GLG Partners
London,
United Kingdom
|
-$16.4M |
HRI Hedge Fund Activity: Q4 2016 in Review
185 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q4 2016, worth a combined $1.1B — up 16% from $943M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of HRI and 38 opened new positions — a net loss of 9 holders — while 67 trimmed existing stakes and 51 added.
The largest buyer was Goldman Sachs, adding an estimated $42.3M. The largest seller was Wellington Management Group, cutting an estimated $37.3M.
- 185 institutional investors held Herc Holdings (HRI) as of Q4 2016, down from 196 in Q3 2016.
- Funds reported $1.1B of Herc Holdings stock for Q4 2016, up 16% quarter-over-quarter.
- 38 funds opened new Herc Holdings positions in Q4 2016 and 47 closed out, a net change of -9 holders.
- The largest Herc Holdings buyer in Q4 2016 was Goldman Sachs, an estimated $42.3M added.
- The largest Herc Holdings seller in Q4 2016 was Wellington Management Group, an estimated $37.3M sold.
Based on aggregated 13F filings for Q4 2016.