Hertz Global Holdings, Inc.
HTZ
HTZ was delisted on the 29th of October, 2020.
208 hedge funds and large institutions have $1.59B invested in Hertz Global Holdings, Inc. in 2017 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 80 increasing their positions, 61 reducing their positions, and 38 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 61
13% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 38
0% less funds holding
Funds holding: 209 → 208 (-1)
7% less capital invested
Capital invested by funds: $1.7B → $1.59B (-$118M)
58% less call options, than puts
Call options by funds: $39.2M | Put options by funds: $94.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$123M |
| 2 |
BlackRock
New York
|
+$63.8M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$37.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$28.3M |
| 5 |
LC
Loews Corp
New York
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
-$43.1M |
| 2 |
Coatue Management
New York
|
-$35.4M |
| 3 |
Two Sigma Investments
New York
|
-$27.5M |
| 4 |
Renaissance Technologies
New York
|
-$18.5M |
| 5 |
Two Sigma Advisers
New York
|
-$17.7M |
HTZ Hedge Fund Activity: Q1 2017 in Review
208 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Hertz Global Holdings, Inc. (HTZ) for Q1 2017, worth a combined $1.59B — down 6.9% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new HTZ positions and 38 closed out — a net gain of 5 holders — while 80 added to existing stakes and 61 trimmed.
The largest buyer was PAR Capital Management, opening a new position worth an estimated $123M. The largest seller was SRS Investment Management, exiting entirely with an estimated $43.1M sold.
- 208 institutional investors held Hertz Global Holdings, Inc. (HTZ) as of Q1 2017, down from 209 in Q4 2016.
- Funds reported $1.59B of Hertz Global Holdings, Inc. stock for Q1 2017, down 6.9% quarter-over-quarter.
- 43 funds opened new Hertz Global Holdings, Inc. positions in Q1 2017 and 38 closed out, a net change of +5 holders.
- The largest Hertz Global Holdings, Inc. buyer in Q1 2017 was PAR Capital Management, an estimated $123M added.
- The largest Hertz Global Holdings, Inc. seller in Q1 2017 was SRS Investment Management, an estimated $43.1M sold.
Based on aggregated 13F filings for Q1 2017.