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229 hedge funds and large institutions have $5.61B invested in Hertz in 2022 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 59 increasing their positions, 56 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more call options, than puts

Call options by funds: $180M | Put options by funds: $76.5M

41% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 51

10% more funds holding

Funds holding: 209229 (+20)

2.92% more ownership

Funds ownership: 82.92%85.84% (+2.9%)

5% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 56

29% less capital invested

Capital invested by funds: $7.88B → $5.61B (-$2.28B)

29% less funds holding in top 10

Funds holding in top 10: 3122 (-9)

Holders
229
Holders Change
+20
Holders Change %
+9.57%
% of All Funds
3.86%
Holding in Top 10
22
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-29.03%
% of All Funds
0.37%
New
72
Increased
59
Reduced
56
Closed
51
Calls
$180M
Puts
$76.5M
Net Calls
+$104M
Net Calls Change
-$283M
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
1
Knighthead Capital Management
New York
$2.87B
Vanguard Group
2
Vanguard Group
Pennsylvania
$281M -$59.2M -2,999,182 -14%
KSCM
3
King Street Capital Management
New York
$214M -$39.2M -1,988,058 -13%
OCM
4
Oaktree Capital Management
California
$184M -$63.1M -3,196,658 -22%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$182M +$38.3M +1,941,377 +20%
Goldman Sachs
6
Goldman Sachs
New York
$180M +$200M +10,133,779 +811%
RCMNY
7
Rubric Capital Management (New York)
New York
$145M
MAMNY
8
Marathon Asset Management (New York)
New York
$122M
DCM
9
Discovery Capital Management
Connecticut
$105M +$5.69M +288,167 +5%
TP
10
Third Point
New York
$99.2M -$7.1M -360,000 -5%
BlackRock
11
BlackRock
New York
$95.7M +$101M +5,120,782 +554%
JP Morgan Chase
12
JP Morgan Chase
New York
$75.2M +$12.5M +631,806 +15%
Allianz Asset Management
13
Allianz Asset Management
Germany
$59.5M -$4.03M -204,132 -5%
FIG
14
Fortress Investment Group
New York
$58M
JCM
15
JS Capital Management
New York
$57.6M +$7.66M +388,287 +12%
State Street
16
State Street
Massachusetts
$55.3M +$48.7M +2,465,881 +240%
CP
17
CPV Partners
Connecticut
$50.9M
PCM
18
Pentwater Capital Management
Florida
$48.9M -$12M -608,674 -16%
RL
19
Ruffer LLP
United Kingdom
$44.9M +$22M +1,114,077 +65%
VAS
20
VR Advisory Services
Cayman Islands
$36.7M +$10.9M +552,514 +35%
TSC
21
Two Seas Capital
New York
$34.2M -$35.2M -1,786,435 -45%
Invesco
22
Invesco
Georgia
$30.7M +$14.2M +721,944 +59%
Morgan Stanley
23
Morgan Stanley
New York
$30.6M +$12.6M +639,149 +49%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$25.5M +$15.6M +791,810 +97%
Norges Bank
25
Norges Bank
Norway
$23.2M -$24.5M -1,243,308 -46%

HTZ Hedge Fund Activity: Q2 2022 in Review

229 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Hertz (HTZ) for Q2 2022, worth a combined $5.61B — down 29% from $7.88B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new HTZ positions and 51 closed out — a net gain of 21 holders — while 59 added to existing stakes and 56 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $200M. The largest seller was Scopia Capital Management, exiting entirely with an estimated $69.2M sold.

  • 229 institutional investors held Hertz (HTZ) as of Q2 2022, up from 209 in Q1 2022.
  • Funds reported $5.61B of Hertz stock for Q2 2022, down 29% quarter-over-quarter.
  • 72 funds opened new Hertz positions in Q2 2022 and 51 closed out, a net change of +21 holders.
  • The largest Hertz buyer in Q2 2022 was Goldman Sachs, an estimated $200M added.
  • The largest Hertz seller in Q2 2022 was Scopia Capital Management, an estimated $69.2M sold.

Based on aggregated 13F filings for Q2 2022.