Hertz
HTZ
251 hedge funds and large institutions have $3.77B invested in Hertz in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 65 increasing their positions, 106 reducing their positions, and 44 closing their positions.
0.56% less ownership
Funds ownership: 99.2% → 98.64% (-0.56%)
5% less funds holding
Funds holding: 263 → 251 (-12)
23% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 44
34% less capital invested
Capital invested by funds: $5.75B → $3.77B (-$1.98B)
39% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 106
43% less funds holding in top 10
Funds holding in top 10: 14 → 8 (-6)
52% less call options, than puts
Call options by funds: $56.2M | Put options by funds: $117M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$27.1M |
| 2 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$19.1M |
| 3 |
Millennium Management
New York
|
+$15.8M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$15.3M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$48.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.4M |
| 3 |
BlackRock
New York
|
-$36.2M |
| 4 |
JCM
JS Capital Management
New York
|
-$17.5M |
| 5 |
HAM
Honeycomb Asset Management
New York
|
-$14.5M |
HTZ Hedge Fund Activity: Q3 2023 in Review
251 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Hertz (HTZ) for Q3 2023, worth a combined $3.77B — down 34% from $5.75B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of HTZ and 34 opened new positions — a net loss of 10 holders — while 106 trimmed existing stakes and 65 added.
The largest buyer was Pentwater Capital Management, adding an estimated $27.1M. The largest seller was Goldman Sachs, cutting an estimated $48.5M.
- 251 institutional investors held Hertz (HTZ) as of Q3 2023, down from 263 in Q2 2023.
- Funds reported $3.77B of Hertz stock for Q3 2023, down 34% quarter-over-quarter.
- 34 funds opened new Hertz positions in Q3 2023 and 44 closed out, a net change of -10 holders.
- The largest Hertz buyer in Q3 2023 was Pentwater Capital Management, an estimated $27.1M added.
- The largest Hertz seller in Q3 2023 was Goldman Sachs, an estimated $48.5M sold.
Based on aggregated 13F filings for Q3 2023.