Hertz
HTZ
243 hedge funds and large institutions have $4.88B invested in Hertz in 2022 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 51 increasing their positions, 94 reducing their positions, and 43 closing their positions.
175% more call options, than puts
Call options by funds: $153M | Put options by funds: $55.7M
30% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 43
4% more funds holding
Funds holding: 234 → 243 (+9)
3.7% more ownership
Funds ownership: 92.1% → 95.79% (+3.7%)
10% less capital invested
Capital invested by funds: $5.4B → $4.88B (-$519M)
17% less funds holding in top 10
Funds holding in top 10: 23 → 19 (-4)
46% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$54.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$15M |
| 3 |
Morgan Stanley
New York
|
+$12.4M |
| 4 |
Squarepoint
New York
|
+$11.7M |
| 5 |
QCI
Quaker Capital Investments
Mount Lebanon,
Pennsylvania
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$66.8M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
-$50.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$37.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$35.2M |
| 5 |
JCM
JS Capital Management
New York
|
-$26.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAWCM
276
Mine & Arao Wealth Creation & Management
Campbell,
California
| – | -$5K | -304 | Closed |
|
|
IAMOG
277
Investors Asset Management of Georgia
Atlanta,
Georgia
| – | -$3K | -200 | Closed |
|
|
QCG
278
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$2K | -96 | Closed |
|
|
CAL
279
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$1K | -90 | Closed |
|
|
FHA
280
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -43 | Closed |
|
281
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$51 | -3 | -23% |
|
|
SFG
282
Steward Financial Group
Colleyville,
Texas
| – | +$354 | +21 | New |
|
HTZ Hedge Fund Activity: Q4 2022 in Review
243 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Hertz (HTZ) for Q4 2022, worth a combined $4.88B — down 9.6% from $5.4B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new HTZ positions and 43 closed out — a net gain of 13 holders — while 51 added to existing stakes and 94 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $54.1M. The largest seller was Oaktree Capital Management, cutting an estimated $66.8M.
- 243 institutional investors held Hertz (HTZ) as of Q4 2022, up from 234 in Q3 2022.
- Funds reported $4.88B of Hertz stock for Q4 2022, down 9.6% quarter-over-quarter.
- 56 funds opened new Hertz positions in Q4 2022 and 43 closed out, a net change of +13 holders.
- The largest Hertz buyer in Q4 2022 was Citadel Advisors, an estimated $54.1M added.
- The largest Hertz seller in Q4 2022 was Oaktree Capital Management, an estimated $66.8M sold.
Based on aggregated 13F filings for Q4 2022.