Herc Holdings
187 hedge funds and large institutions have $1.72B invested in Herc Holdings in 2017 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 36 increasing their positions, 47 reducing their positions, and 17 closing their positions.
224% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 17
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
141% more call options, than puts
Call options by funds: $26.4M | Put options by funds: $11M
25% more funds holding
Funds holding: 150 → 187 (+37)
22% more capital invested
Capital invested by funds: $1.4B → $1.72B (+$313M)
4.09% less ownership
Funds ownership: 100.69% → 96.6% (-4.1%)
23% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$19.7M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$13.9M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$11.5M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
+$10.5M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$8.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$58M |
| 2 |
Goldman Sachs
New York
|
-$45.5M |
| 3 |
1C
1060 Capital
Denver,
Colorado
|
-$18.9M |
| 4 |
BP
Banbury Partners
Charlotte,
North Carolina
|
-$14.5M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$12.6M |
HRI Hedge Fund Activity: Q4 2017 in Review
187 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q4 2017, worth a combined $1.72B — up 22% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new HRI positions and 17 closed out — a net gain of 38 holders — while 36 added to existing stakes and 47 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $19.7M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $58M sold.
- 187 institutional investors held Herc Holdings (HRI) as of Q4 2017, up from 150 in Q3 2017.
- Funds reported $1.72B of Herc Holdings stock for Q4 2017, up 22% quarter-over-quarter.
- 55 funds opened new Herc Holdings positions in Q4 2017 and 17 closed out, a net change of +38 holders.
- The largest Herc Holdings buyer in Q4 2017 was Millennium Management, an estimated $19.7M added.
- The largest Herc Holdings seller in Q4 2017 was Fir Tree Capital Management, an estimated $58M sold.
Based on aggregated 13F filings for Q4 2017.