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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.

New
Increased
Maintained
Reduced
Closed

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: 234243 (+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: 2319 (-4)

46% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 94

Holders
243
Holders Change
+9
Holders Change %
+3.85%
% of All Funds
3.91%
Holding in Top 10
19
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-17.39%
% of All Funds
0.31%
New
56
Increased
51
Reduced
94
Closed
43
Calls
$153M
Puts
$55.7M
Net Calls
+$97.5M
Net Calls Change
+$20.9M
Name Holding Trade Value Shares
Change
Change in
Stake
DCM
26
DG Capital Management
New York
$16M +$443K +26,293 +3%
AQR Capital Management
27
AQR Capital Management
Connecticut
$15.6M +$6.22M +369,147 +56%
Charles Schwab
28
Charles Schwab
California
$15.1M -$511K -30,358 -3%
KCM
29
Key Colony Management
Arkansas
$15M -$6.82M -405,000 -29%
AFA
30
Alta Fundamental Advisers
New York
$13.1M -$1.35M -80,000 -9%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$12.8M +$3.45M +204,822 +33%
CCP
32
Corbin Capital Partners
New York
$12.7M
TSC
33
Two Seas Capital
New York
$12.5M -$7.03M -417,665 -34%
QOP
34
Quinn Opportunity Partners
Virginia
$11.7M
CCM
35
Carronade Capital Management
Connecticut
$11.5M +$2.36M +140,000 +23%
Northern Trust
36
Northern Trust
Illinois
$11.4M -$314K -18,655 -2%
Primecap Management
37
Primecap Management
California
$11.3M
Squarepoint
38
Squarepoint
New York
$10.7M +$11.7M +697,159 New
Renaissance Technologies
39
Renaissance Technologies
New York
$9.6M +$10.5M +623,600 New
Balyasny Asset Management
40
Balyasny Asset Management
Illinois
$9.59M +$10.5M +623,012 New
RL
41
Ruffer LLP
United Kingdom
$7.88M -$50.5M -2,999,284 -85%
TD Asset Management
42
TD Asset Management
Ontario, Canada
$7.74M +$8.46M +502,614 New
YCM
43
Yost Capital Management
Texas
$7.63M
Susquehanna International Group
44
Susquehanna International Group
Pennsylvania
$7.6M +$6.68M +396,434 +407%
MIG
45
Mariner Investment Group
New York
$7.39M -$443K -26,309 -5%
FC
46
Foursixthree Capital
New York
$7.22M +$7.9M +469,083 New
First Trust Advisors
47
First Trust Advisors
Illinois
$6.9M +$1.5M +88,818 +25%
National Bank of Canada
48
National Bank of Canada
Quebec, Canada
$6.89M -$4.41K -262 -0.1%
Swiss National Bank
49
Swiss National Bank
Switzerland
$6.69M -$1.73M -102,500 -19%
Bank of Nova Scotia
50
Bank of Nova Scotia
Ontario, Canada
$6.59M -$314K -18,617 -4%

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.