Hertz Global Holdings, Inc.
HTZ
HTZ was delisted on the 29th of October, 2020.
157 hedge funds and large institutions have $931M invested in Hertz Global Holdings, Inc. in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 54 increasing their positions, 52 reducing their positions, and 49 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 52
11% less funds holding
Funds holding: 176 → 157 (-19)
14% less call options, than puts
Call options by funds: $71.4M | Put options by funds: $83.5M
33% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 49
62% less capital invested
Capital invested by funds: $2.42B → $931M (-$1.49B)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$154M |
| 2 |
Goldman Sachs
New York
|
+$31.5M |
| 3 |
Morgan Stanley
New York
|
+$17.4M |
| 4 |
Coatue Management
New York
|
+$15.2M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$9.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$122M |
| 2 |
D.E. Shaw & Co
New York
|
-$73.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.6M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$9.86M |
HTZ Hedge Fund Activity: Q1 2020 in Review
157 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Hertz Global Holdings, Inc. (HTZ) for Q1 2020, worth a combined $931M — down 62% from $2.42B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of HTZ and 33 opened new positions — a net loss of 16 holders — while 52 trimmed existing stakes and 54 added.
The largest buyer was Icahn Carl, adding an estimated $154M. The largest seller was PAR Capital Management, exiting entirely with an estimated $122M sold.
- 157 institutional investors held Hertz Global Holdings, Inc. (HTZ) as of Q1 2020, down from 176 in Q4 2019.
- Funds reported $931M of Hertz Global Holdings, Inc. stock for Q1 2020, down 62% quarter-over-quarter.
- 33 funds opened new Hertz Global Holdings, Inc. positions in Q1 2020 and 49 closed out, a net change of -16 holders.
- The largest Hertz Global Holdings, Inc. buyer in Q1 2020 was Icahn Carl, an estimated $154M added.
- The largest Hertz Global Holdings, Inc. seller in Q1 2020 was PAR Capital Management, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2020.