Hertz
HTZ
269 hedge funds and large institutions have $3.13B invested in Hertz in 2023 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 84 increasing their positions, 84 reducing their positions, and 45 closing their positions.
42% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 45
7% more funds holding
Funds holding: 251 → 269 (+18)
0% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 84
0.46% less ownership
Funds ownership: 98.64% → 98.18% (-0.46%)
4% less call options, than puts
Call options by funds: $81.6M | Put options by funds: $84.9M
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
17% less capital invested
Capital invested by funds: $3.77B → $3.13B (-$645M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$35.9M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$35.4M |
| 3 |
Man Group
London,
United Kingdom
|
+$30.4M |
| 4 |
Squarepoint
New York
|
+$18.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$9.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$91.8M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$63.3M |
| 3 |
JP Morgan Chase
New York
|
-$36.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$22.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$9.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$161K | -13,112 | Closed |
|
302
Mariner
Overland Park,
Kansas
| – | -$149K | -12,144 | Closed |
|
|
CC
303
Centiva Capital
New York
| – | -$144K | -11,734 | Closed |
|
|
AI
304
Atom Investors
Austin,
Texas
| – | -$136K | -11,089 | Closed |
|
|
SPC
305
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$125K | -10,207 | Closed |
|
|
BCV
306
Banque Cantonale Vaudoise
Lausanne,
Switzerland
| – | -$101K | -8,225 | Closed |
|
|
CSPIA
307
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$41.6K | -3,394 | Closed |
|
|
AS
308
Altshuler Shaham
Tel Aviv,
Israel
| – | -$39.6K | -3,231 | Closed |
|
|
KI
309
Kapitalo Investimentos
Sao Paulo,
Brazil
| – | -$26.5K | -2,161 | Closed |
|
|
FWM
310
Focused Wealth Management
Newburgh,
New York
| – | -$1.3K | -106 | Closed |
|
|
NA
311
NewEdge Advisors
New Orleans,
Louisiana
| – | -$490 | -40 | Closed |
|
|
IPW
312
Impact Partnership Wealth
Marietta,
Georgia
| – | -$110 | -9 | Closed |
|
|
WWP
313
WR Wealth Planners
Columbia,
Missouri
| – | -$12 | -1 | Closed |
|
HTZ Hedge Fund Activity: Q4 2023 in Review
269 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Hertz (HTZ) for Q4 2023, worth a combined $3.13B — down 17% from $3.77B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new HTZ positions and 45 closed out — a net gain of 19 holders — while 84 added to existing stakes and 84 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $35.9M. The largest seller was Third Point, exiting entirely with an estimated $91.8M sold.
- 269 institutional investors held Hertz (HTZ) as of Q4 2023, up from 251 in Q3 2023.
- Funds reported $3.13B of Hertz stock for Q4 2023, down 17% quarter-over-quarter.
- 64 funds opened new Hertz positions in Q4 2023 and 45 closed out, a net change of +19 holders.
- The largest Hertz buyer in Q4 2023 was Morgan Stanley, an estimated $35.9M added.
- The largest Hertz seller in Q4 2023 was Third Point, an estimated $91.8M sold.
Based on aggregated 13F filings for Q4 2023.