Hertz
HTZ
263 hedge funds and large institutions have $5.75B invested in Hertz in 2023 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 67 increasing their positions, 101 reducing their positions, and 50 closing their positions.
10% more capital invested
Capital invested by funds: $5.24B → $5.75B (+$507M)
0% less funds holding
Funds holding: 264 → 263 (-1)
0.67% less ownership
Funds ownership: 99.87% → 99.2% (-0.67%)
2% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 50
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
34% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 101
35% less call options, than puts
Call options by funds: $83M | Put options by funds: $128M
Top Buyers
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$35M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$27.4M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$20.1M |
| 4 |
TP
Third Point
New York
|
+$15.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$13.2M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.2M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$65.5M |
| 3 |
Goldman Sachs
New York
|
-$30.2M |
| 4 |
BlackRock
New York
|
-$25.9M |
| 5 |
AFA
Alta Fundamental Advisers
New York
|
-$13.5M |
HTZ Hedge Fund Activity: Q2 2023 in Review
263 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Hertz (HTZ) for Q2 2023, worth a combined $5.75B — up 9.7% from $5.24B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of HTZ and 49 opened new positions — a net loss of 1 holder — while 101 trimmed existing stakes and 67 added.
The largest buyer was Pentwater Capital Management, adding an estimated $35M. The largest seller was Fidelity Investments, cutting an estimated $86.2M.
- 263 institutional investors held Hertz (HTZ) as of Q2 2023, down from 264 in Q1 2023.
- Funds reported $5.75B of Hertz stock for Q2 2023, up 9.7% quarter-over-quarter.
- 49 funds opened new Hertz positions in Q2 2023 and 50 closed out, a net change of -1 holder.
- The largest Hertz buyer in Q2 2023 was Pentwater Capital Management, an estimated $35M added.
- The largest Hertz seller in Q2 2023 was Fidelity Investments, an estimated $86.2M sold.
Based on aggregated 13F filings for Q2 2023.