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260 hedge funds and large institutions have $2.36B invested in Hertz in 2025 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 71 increasing their positions, 77 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more capital invested

Capital invested by funds: $1.26B → $2.36B (+$1.1B)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

43% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 42

7.7% more ownership

Funds ownership: 103.89%111.59% (+7.7%)

7% more funds holding

Funds holding: 243260 (+17)

8% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 77

39% less call options, than puts

Call options by funds: $167M | Put options by funds: $274M

Holders
260
Holders Change
+17
Holders Change %
+7%
% of All Funds
3.42%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
60
Increased
71
Reduced
77
Closed
42
Calls
$167M
Puts
$274M
Net Calls
-$107M
Net Calls Change
-$55.3M
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
1
Knighthead Capital Management
New York
$1.24B
UBS Group
2
UBS Group
Switzerland
$155M +$127M +20,334,790 +851%
BlackRock
3
BlackRock
New York
$123M -$5.58M -893,930 -5%
PSCM
4
Pershing Square Capital Management
New York
$104M +$1.5M +241,127 +2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$95.5M +$9.81M +1,571,978 +13%
Nomura Holdings
6
Nomura Holdings
Japan
$61.6M +$55.3M +8,856,860 +5,597%
Morgan Stanley
7
Morgan Stanley
New York
$38.3M -$310K -49,714 -0.9%
State Street
8
State Street
Massachusetts
$37.1M -$1.88M -300,431 -5%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$27.8M +$22.9M +3,674,305 +923%
Millennium Management
10
Millennium Management
New York
$25.4M +$23.2M +3,722,962 New
CWM
11
CIBC World Markets
New York
$24.7M -$79.1K -12,675 -0.3%
CP
12
CPV Partners
Connecticut
$21.9M
Geode Capital Management
13
Geode Capital Management
Massachusetts
$21M -$811K -129,951 -4%
Charles Schwab
14
Charles Schwab
California
$19.7M -$739K -118,365 -4%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$17.3M +$11.8M +1,893,906 +298%
Citigroup
16
Citigroup
New York
$16.3M -$5.15M -824,663 -26%
PCM
17
PAR Capital Management
Massachusetts
$15.6M +$8.06M +1,290,786 +129%
Citadel Advisors
18
Citadel Advisors
Florida
$14.5M +$10.2M +1,630,083 +326%
Goldman Sachs
19
Goldman Sachs
New York
$14.3M -$32.3M -5,170,649 -71%
Invesco
20
Invesco
Georgia
$13.7M -$8.12M -1,301,608 -39%
IG
21
ING Group
Netherlands
$13.7M -$18.7M -3,000,000 -60%
CIBC World Market
22
CIBC World Market
Ontario, Canada
$13.7M +$12.5M +2,000,000 New
Two Sigma Investments
23
Two Sigma Investments
New York
$13.4M +$9.53M +1,527,020 +347%
ECP
24
Electron Capital Partners
New York
$12.3M +$11.3M +1,804,433 New
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$12.3M -$3.14M -503,487 -22%

HTZ Hedge Fund Activity: Q2 2025 in Review

260 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Hertz (HTZ) for Q2 2025, worth a combined $2.36B — up 88% from $1.26B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new HTZ positions and 42 closed out — a net gain of 18 holders — while 71 added to existing stakes and 77 trimmed.

The largest buyer was UBS Group, adding an estimated $127M. The largest seller was Goldman Sachs, cutting an estimated $32.3M.

  • 260 institutional investors held Hertz (HTZ) as of Q2 2025, up from 243 in Q1 2025.
  • Funds reported $2.36B of Hertz stock for Q2 2025, up 88% quarter-over-quarter.
  • 60 funds opened new Hertz positions in Q2 2025 and 42 closed out, a net change of +18 holders.
  • The largest Hertz buyer in Q2 2025 was UBS Group, an estimated $127M added.
  • The largest Hertz seller in Q2 2025 was Goldman Sachs, an estimated $32.3M sold.

Based on aggregated 13F filings for Q2 2025.