Hertz Global Holdings Warrants
HTZWW
81 hedge funds and large institutions have $148M invested in Hertz Global Holdings Warrants in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 16 reducing their positions, and 11 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 16
0.97% more ownership
Funds ownership: 6.38% → 7.35% (+0.97%)
5% less funds holding
Funds holding: 85 → 81 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
31% less capital invested
Capital invested by funds: $216M → $148M (-$67.9M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$26M |
| 2 |
TP
Third Point
New York
|
+$8.73M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$6.2M |
| 4 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$2.77M |
| 5 |
CCM
Carronade Capital Management
Darien,
Connecticut
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
-$7.07M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$5.39M |
| 3 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$2.68M |
| 4 |
HAM
Honeycomb Asset Management
New York
|
-$2.02M |
| 5 |
PFM
Privium Fund Management
Amsterdam,
Netherlands
|
-$1.53M |
HTZWW Hedge Fund Activity: Q3 2023 in Review
81 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Hertz Global Holdings Warrants (HTZWW) for Q3 2023, worth a combined $148M — down 31% from $216M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HTZWW and 8 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 19 added.
The largest buyer was Discovery Capital Management, opening a new position worth an estimated $26M. The largest seller was Cowen and Company, exiting entirely with an estimated $7.07M sold.
- 81 institutional investors held Hertz Global Holdings Warrants (HTZWW) as of Q3 2023, down from 85 in Q2 2023.
- Funds reported $148M of Hertz Global Holdings Warrants stock for Q3 2023, down 31% quarter-over-quarter.
- 8 funds opened new Hertz Global Holdings Warrants positions in Q3 2023 and 11 closed out, a net change of -3 holders.
- The largest Hertz Global Holdings Warrants buyer in Q3 2023 was Discovery Capital Management, an estimated $26M added.
- The largest Hertz Global Holdings Warrants seller in Q3 2023 was Cowen and Company, an estimated $7.07M sold.
Based on aggregated 13F filings for Q3 2023.