Hertz
HTZ
264 hedge funds and large institutions have $5.24B invested in Hertz in 2023 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 79 increasing their positions, 81 reducing their positions, and 43 closing their positions.
53% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 43
9% more funds holding
Funds holding: 243 → 264 (+21)
7% more capital invested
Capital invested by funds: $4.88B → $5.24B (+$359M)
4.07% more ownership
Funds ownership: 95.79% → 99.87% (+4.1%)
2% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 81
16% less funds holding in top 10
Funds holding in top 10: 19 → 16 (-3)
32% less call options, than puts
Call options by funds: $73.3M | Put options by funds: $107M
Top Buyers
| 1 |
BlackRock
New York
|
+$151M |
| 2 |
State Street
Boston,
Massachusetts
|
+$29.5M |
| 3 |
JCM
JS Capital Management
New York
|
+$22.2M |
| 4 |
TP
Third Point
New York
|
+$17.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$15.9M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$26.2M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$26.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$23.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19.6M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$18.6M |
HTZ Hedge Fund Activity: Q1 2023 in Review
264 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Hertz (HTZ) for Q1 2023, worth a combined $5.24B — up 7.3% from $4.88B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new HTZ positions and 43 closed out — a net gain of 23 holders — while 79 added to existing stakes and 81 trimmed.
The largest buyer was BlackRock, adding an estimated $151M. The largest seller was Citadel Advisors, cutting an estimated $26.2M.
- 264 institutional investors held Hertz (HTZ) as of Q1 2023, up from 243 in Q4 2022.
- Funds reported $5.24B of Hertz stock for Q1 2023, up 7.3% quarter-over-quarter.
- 66 funds opened new Hertz positions in Q1 2023 and 43 closed out, a net change of +23 holders.
- The largest Hertz buyer in Q1 2023 was BlackRock, an estimated $151M added.
- The largest Hertz seller in Q1 2023 was Citadel Advisors, an estimated $26.2M sold.
Based on aggregated 13F filings for Q1 2023.