Hertz
HTZ
234 hedge funds and large institutions have $5.4B invested in Hertz in 2022 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 65 increasing their positions, 75 reducing their positions, and 40 closing their positions.
84% more call options, than puts
Call options by funds: $168M | Put options by funds: $91.1M
18% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 40
6.25% more ownership
Funds ownership: 85.84% → 92.1% (+6.3%)
5% more funds holding in top 10
Funds holding in top 10: 22 → 23 (+1)
2% more funds holding
Funds holding: 229 → 234 (+5)
4% less capital invested
Capital invested by funds: $5.61B → $5.4B (-$202M)
13% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$34.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$29.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$29.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$25.5M |
| 5 |
KCM
Key Colony Management
Little Rock,
Arkansas
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSCM
King Street Capital Management
New York
|
-$250M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$58M |
| 3 |
JCM
JS Capital Management
New York
|
-$38.1M |
| 4 |
Citigroup
New York
|
-$26.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.9M |
HTZ Hedge Fund Activity: Q3 2022 in Review
234 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Hertz (HTZ) for Q3 2022, worth a combined $5.4B — down 3.6% from $5.61B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new HTZ positions and 40 closed out — a net gain of 7 holders — while 65 added to existing stakes and 75 trimmed.
The largest buyer was BlackRock, adding an estimated $34.2M. The largest seller was King Street Capital Management, cutting an estimated $250M.
- 234 institutional investors held Hertz (HTZ) as of Q3 2022, up from 229 in Q2 2022.
- Funds reported $5.4B of Hertz stock for Q3 2022, down 3.6% quarter-over-quarter.
- 47 funds opened new Hertz positions in Q3 2022 and 40 closed out, a net change of +7 holders.
- The largest Hertz buyer in Q3 2022 was BlackRock, an estimated $34.2M added.
- The largest Hertz seller in Q3 2022 was King Street Capital Management, an estimated $250M sold.
Based on aggregated 13F filings for Q3 2022.