undamentalytics Newsletter

Herc Holdings Inc: which funds bought and sold

Institutions that bought and sold Herc shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 195 institutions that filed 13F reports for both quarters added to or opened positions in Herc, and 126 cut or closed them. Together they added a net 285K shares, +0.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 860K shares (−6.9%); index fund managers were net buyers of 531K shares (+6.6%). 69 opened a new position and 39 sold out entirely.

Bought, Q2 2026 195 institutions, 69 of them new holders Sold, Q2 2026 126 institutions, 39 of them sold out
Net change, all compared +285K shares (+0.9%)
Net change, active managers −860K shares (−6.9%), 33 bought, 27 sold

Buyers versus sellers

institutions compared, 364
Active managers and hedge funds 33 bought · 27 sold · −860K
Index fund managers 9 bought · 2 sold · +531K
Other institutions 153 bought · 97 sold · +615K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
First Trust Advisors LP +438K +50.1% 1.3M $188M
Blackrock, Inc. Index funds +331K +13.1% 2.9M $411M
Stephens Investment Management Group LLC +322K New position 322K $46.2M
Emerald Advisers, LLC +261K New position 261K $37.4M
Jpmorgan Chase & Co +261K +513.0% 312K $45.8M
First Eagle Investment Management, LLC Active manager +212K +213.7% 311K $44.5M
Emerald Mutual Fund Advisers Trust +169K New position 169K $24.2M
Dimensional Fund Advisors LP +167K +14.4% 1.3M $191M
Boston Partners Active manager +161K +1205.9% 174K $24.9M
New York State Common Retirement Fund +160K +112.0% 303K $43.4M
Penn Capital Management Company, LLC Active manager +147K New position 147K $21.1M
Metlife Investment Management, LLC +143K +790.6% 162K $23.2M
Brightline Capital Management, LLC +142K New position 142K $20.4M
Royce & Associates LP Active manager +117K New position 117K $16.8M
Bank Of America Corp +116K +49.1% 351K $50.3M
Channing Capital Management, LLC +112K +21.6% 630K $90.3M
Allspring Global Investments Holdings, LLC +95K +97.3% 192K $27M
Granite Investment Partners, LLC +91K +386.8% 114K $16.3M
Bank Of New York Mellon Corp +86K +16.7% 600K $86.1M
Goldman Sachs Group Inc +85K +24.7% 427K $61.2M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Invesco Ltd. −2.0M −98.7% 27K $3.9M
Coliseum Capital Management, LLC Hedge fund −545K −32.8% 1.1M $160M
Marshall Wace, LLP Hedge fund −282K −61.0% 180K $25.9M
Ameriprise Financial Inc −250K −62.9% 148K $21.1M
American Century Companies Inc Active manager −204K −24.9% 614K $88M
Capital World Investors Active manager −175K Sold out 0 —
Vaughan Nelson Investment Management, L.P. Active manager −163K Sold out 0 —
Moore Capital Management, LP Hedge fund −156K Sold out 0 —
Engineers Gate Manager LP Hedge fund −136K −95.2% 6,844 $981,019
Freestone Grove Partners LP Hedge fund −103K Sold out 0 —
BNP Paribas Financial Markets −98K −88.7% 13K $1.8M
Morgan Stanley −95K −25.4% 279K $40.1M
Capital International Investors Active manager −86K Sold out 0 —
Tudor Investment Corp Et Al Hedge fund −76K −65.9% 39K $5.7M
BNP Paribas Asset Management Holding S.A. −65K −17.4% 310K $44.4M
Evergreen Capital Management LLC −64K −51.1% 61K $8.8M
Ceredex Value Advisors LLC −49K −42.7% 66K $9.5M
Motley Fool Wealth Management, LLC −49K Sold out 0 —
Charles Schwab Investment Management Inc Index funds −40K −9.2% 392K $56.2M
Millennium Management LLC Hedge fund −39K −26.3% 109K $15.6M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Stephens Investment Management Group LLC 322K $46.2M
Emerald Advisers, LLC 261K $37.4M
Emerald Mutual Fund Advisers Trust 169K $24.2M
Penn Capital Management Company, LLCActive manager 147K $21.1M
Brightline Capital Management, LLC 142K $20.4M
Royce & Associates LPActive manager 117K $16.8M
Trexquant Investment LPHedge fund 54K $7.8M
Adage Capital Partners Gp, L.L.C.Hedge fund 50K $7.2M
Castleark Management LLC 48K $7M
Soviero Asset Management, LP 38K $5.4M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Capital World InvestorsActive manager 175K $17.4M
Vaughan Nelson Investment Management, L.P.Active manager 163K $16.2M
Moore Capital Management, LPHedge fund 156K $15.5M
Freestone Grove Partners LPHedge fund 103K $10.2M
Capital International InvestorsActive manager 86K $8.5M
Motley Fool Wealth Management, LLC 49K $4.9M
Campbell & Co Investment Adviser LLC 30K $3M
Covalis Capital LLP 22K $2.2M
Susquehanna Advisors Group, Inc. 19K $1.9M
Natixis Advisors, LLC 13K $1.3M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
332
Ten largest holders
53.6%
of 13F-reported shares
Index fund managers
24.7%
of 13F-reported shares
Active managers and hedge funds
33.5%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 33 27 13 7 −860K −6.9%
Index fund managers 9 2 0 0 +531K +6.6%
Other institutions 153 97 56 32 +615K +5.3%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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