HERTZ GLOBAL HLDGS INC HTZ
COM NEW · Common Stock · CUSIP 42806J700 · ISIN US42806J7000
American car dealership chain handling the transactions and sales of Hertz rental fleet in both business-to-business and business-to-consumer markets
- IndustryServices-Auto Rental & Leasing (No Drivers)
- HeadquartersEstero, FL
- Founded1977
- Websitehertzcarsales.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($16.2k this quarter). Holder counts are more reliable. Shares outstanding: 315.8m as of 2026-04-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $2.27. Options: 25 managers hold calls ($46.3m notional), 33 hold puts ($108.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 233 |
| Q4 2022 | 242 |
| Q1 2023 | 264 |
| Q2 2023 | 263 |
| Q3 2023 | 252 |
| Q4 2023 | 269 |
| Q1 2024 | 268 |
| Q2 2024 | 268 |
| Q3 2024 | 250 |
| Q4 2024 | 237 |
| Q1 2025 | 244 |
| Q2 2025 | 262 |
| Q3 2025 | 284 |
| Q4 2025 | 287 |
| Q1 2026 | 269 |
| Q2 2026 | 288 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 102 | 146 |
| Q4 2024 | 100 | 134 |
| Q1 2025 | 122 | 96 |
| Q2 2025 | 129 | 119 |
| Q3 2025 | 140 | 118 |
| Q4 2025 | 137 | 139 |
| Q1 2026 | 115 | 137 |
| Q2 2026 | 144 | 125 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $172.0m | $312.2m | 1.81 |
| Q4 2025 | $90.6m | $182.5m | 2.01 |
| Q1 2026 | $52.1m | $132.4m | 2.54 |
| Q2 2026 | $46.3m | $108.8m | 2.35 |
Biggest buyers
| JANE STREET GROUP, LLC | Added | +15.1m |
| PERSHING SQUARE INC. | New | +15.0m |
| Ghisallo Capital Management LLC | New | +5.7m |
| Balyasny Asset Management L.P. | Added | +4.5m |
| CITADEL ADVISORS LLC | Added | +3.9m |
| Crewe Advisors LLC | New | +3.8m |
| Schonfeld Strategic Advisors LLC | Added | +2.8m |
| FEDERATED HERMES, INC. | Added | +2.5m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +2.3m |
| STONEHILL CAPITAL MANAGEMENT LLC | New | +1.9m |
Biggest sellers
| NOMURA HOLDINGS INC | Sold out | -12.0m |
| MARSHALL WACE, LLP | Reduced | -5.1m |
| CIBC Bancorp USA Inc. | Reduced | -3.7m |
| UBS Group AG | Reduced | -3.3m |
| CIBC WORLD MARKET INC. | Reduced | -2.7m |
| JUPITER ASSET MANAGEMENT LTD | Reduced | -2.0m |
| Hudson Bay Capital Management LP | Sold out | -1.9m |
| GABELLI FUNDS LLC | Reduced | -1.4m |
| NATIXIS | Sold out | -1.0m |
| Allianz Asset Management GmbH | Reduced | -967.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.9m4.8m shares |
| GROUP ONE TRADING LLC | Added | $3.6m1.6m shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $3.4m15.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $3.3m1.5m shares |
| CITADEL ADVISORS LLC | Reduced | $3.1m1.4m shares |
| Balyasny Asset Management L.P. | New | $2.8m1.2m shares |
| JANE STREET GROUP, LLC | Added | $2.7m1.2m shares |
| SIMPLEX TRADING, LLC | Added | $2.6m1.1m shares |
| Daiwa Securities Group Inc. | Unchanged | $2.4m1.1m shares |
| CITIGROUP INC | New | $2.0m900.0k shares |
Biggest puts
| TORONTO DOMINION BANK | Reduced | $22.6m10.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.8m9.2m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $12.9m5.7m shares |
| CITADEL ADVISORS LLC | Added | $5.8m2.6m shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $5.2m2.3m shares |
| DLD Asset Management, LP | Added | $5.1m2.2m shares |
| NOMURA HOLDINGS INC | New | $4.5m2.0m shares |
| JANE STREET GROUP, LLC | Added | $3.9m1.7m shares |
| GROUP ONE TRADING LLC | Added | $3.4m1.5m shares |
| WHITEBOX ADVISORS LLC | Unchanged | $3.3m1.5m shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
CK Amarillo LP
13D · may seek influence
no change · filed 2026-10-21
Stated purposeThe information set forth in Item 4 of the Schedule 13D is amended as follows: On October 16, 2026, the Issuer and certain investors, including certain funds or accounts affiliated with Certares and Knighthead (all such investors, the "JV Investors"), entered into a joint venture arrangement (the "Joint Venture") related to Oro Mobility Holdings LLC (f/k/a Hertz Mobility Holdings LLC) (the "JV Entity"). In connection with the formation of the Joint Venture, but prior to the JV Investor Purchase (as defined below), the Issuer transferred to the JV Entity certain assets relating to the Issuer's Oro Mobility business not already owned by the JV Entity, together with approximately $60.03 million in cash. As part of the Joint Venture, the Issuer, the JV Entity, and the JV Investors entered int… Full filing |
50.9% |
| TD SECURITIES (USA) LLC 13G · institution +1.2 pts · filed 2026-05-15 | 8.1% |
| JANE STREET GROUP, LLC 13G · passive investor new · filed 2026-07-02 | 5.0% |
Fell to 5% or below in the last year: BlackRock, Inc. (3.3%, 2026-10-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $430.9k | — |
| Q1 2025 | 0 | — | 1 | $93.1k | — |
| Q2 2025 | 0 | — | 1 | $248.1k | — |
| Q3 2025 | 0 | — | 1 | $121.7k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $248.4k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-11 | Moore Michael S. EVP, Chief Operating Officer | Sold | $248.4k40.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Knighthead Capital Management, LLC 73.54% of their portfolio | 181.5m $411.9m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 20.3m $45.9m | Added +1.9m |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 15.3m $34.7m | Added +15.1m |
| PERSHING SQUARE INC. 0.17% of their portfolio | 15.0m $34.0m | New |
| UBS Group AG 0.00% of their portfolio | 13.7m $31.0m | Reduced -3.3m |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 6.5m $14.7m | Added +4.5m |
| STATE STREET CORP 0.00% of their portfolio | 6.4m $14.5m | Added +574.9k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 6.2m $14.1m | Reduced -584.6k |
| Ghisallo Capital Management LLC 0.26% of their portfolio | 5.7m $13.0m | New |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.7m $12.9m | Added +197.1k |
| MORGAN STANLEY 0.00% of their portfolio | 4.9m $11.1m | Added +148.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 4.4m $9.9m | Added +85.7k |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 4.3m $9.8m | Added +2.8m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 4.0m $9.0m | Added +3.9m |
| Crewe Advisors LLC 0.62% of their portfolio | 3.8m $8.6m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 3.7m $8.5m | Added +935.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.6m $8.1m | Added +345.9k |
| CPV Partners, LLC 2.65% of their portfolio | 3.2m $7.3m | Unchanged |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 3.0m $6.9m | Added +2.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.6m $5.9m | Added +151.0k |
| Invesco Ltd. 0.00% of their portfolio | 2.5m $5.8m | Reduced -147.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 2.3m $5.2m | New |
| STONEHILL CAPITAL MANAGEMENT LLC 1.26% of their portfolio | 1.9m $4.4m | New |
| HRT FINANCIAL LP 0.01% of their portfolio | 1.9m $4.3m | Added +1.6m |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 1.8m $4.1m | Added +1.7m |
| Clearline Capital LP 0.26% of their portfolio | 1.8m $4.1m | New |
| Quinn Opportunity Partners LLC 0.19% of their portfolio | 1.8m $4.1m | Added +1.6m |
| Man Group plc 0.01% of their portfolio | 1.7m $3.9m | Reduced -395.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $3.4m | Added +79.0k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 1.4m $3.2m | Reduced -967.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.2m $2.8m | Reduced -346.3k |
| CIBC Bancorp USA Inc. 0.00% of their portfolio | 1.2m $2.7m | Reduced -3.7m |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 1.2m $2.7m | Reduced -2.7m |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 1.2m $2.7m | Added +387.9k |
| Jump Financial, LLC 0.02% of their portfolio | 1.2m $2.7m | Added +1.1m |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 1.1m $2.5m | Added +568.9k |
| SONA ASSET MANAGEMENT (US) LLC 0.09% of their portfolio | 1.1m $2.5m | Added +550.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 1.1m $2.5m | Added +20.3k |
| Creative Planning 0.00% of their portfolio | 1.0m $2.4m | Reduced -176.5k |
| Jefferies Financial Group Inc. 0.02% of their portfolio | 1.0m $2.3m | Added +261.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 994.6k $2.3m | Added +920.8k |
| BARCLAYS PLC 0.00% of their portfolio | 986.0k $2.2m | Added +103.8k |
| FMR LLC 0.00% of their portfolio | 971.9k $2.2m | Added +903.8k |
| PAR CAPITAL MANAGEMENT INC 0.05% of their portfolio | 911.0k $2.1m | Reduced -489.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 845.4k $1.9m | Reduced -11.9k |
| SG Americas Securities, LLC 0.00% of their portfolio | 843.8k $1.9m | Reduced -660.1k |
| CREDIT AGRICOLE S A 0.00% of their portfolio | 779.4k $1.8m | Added +107.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 776.8k $1.8m | Reduced -440.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 776.1k $1.8m | Added +54.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 767.9k $1.7m | Added +407.8k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 751.2k $2.0m | Added +296.5k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 649.0k $1.5m | Added +360.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 648.8k $1.4m | Added +374.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 611.2k $1.4m | Added +2.1k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 584.8k $1.3m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 578.0k $1.3m | Reduced -945.8k |
| Prescott Group Capital Management, L.L.C. 0.11% of their portfolio | 540.0k $1.2m | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 500.0k $1.1m | Reduced -492.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 446.9k $1.0m | Reduced -5.1m |
| SOROS FUND MANAGEMENT LLC 0.01% of their portfolio | 445.2k $1.0m | New |
| Public Sector Pension Investment Board 0.00% of their portfolio | 434.0k $982.9k | Reduced -12.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 430.4k $975.0k | Reduced -61.8k |
| Engineers Gate Manager LP 0.01% of their portfolio | 427.9k $969.3k | Reduced -217.9k |
| GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio | 384.7k $871.4k | Reduced -179.8k |
| Headlands Technologies LLC 0.09% of their portfolio | 382.9k $867.2k | Added +310.4k |
| Caitong International Asset Management Co., Ltd 0.12% of their portfolio | 378.6k $857.4k | Added +351.4k |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 363.2k $822.7k | New |
| GSA CAPITAL PARTNERS LLP 0.05% of their portfolio | 324.9k $736.0k | Reduced -98.4k |
| Penn Capital Management Company, LLC 0.05% of their portfolio | 322.1k $729.6k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 321.0k $727.1k | Reduced -830.7k |
| Legal & General Group Plc 0.00% of their portfolio | 317.4k $718.8k | Reduced -30.0k |
| Scientech Research LLC 0.58% of their portfolio | 316.3k $716.5k | New |
| Nuveen, LLC 0.00% of their portfolio | 310.7k $703.7k | Added +27.4k |
| Nemes Rush Group LLC 0.06% of their portfolio | 304.1k $688.9k | Added +83.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 302.1k $684.1k | Reduced -33.7k |
| GABELLI FUNDS LLC 0.00% of their portfolio | 277.6k $628.8k | Reduced -1.4m |
| Shay Capital LLC 0.07% of their portfolio | 276.9k $627.2k | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 256.1k $580.0k | Reduced -6.4k |
| Swiss National Bank 0.00% of their portfolio | 252.9k $572.8k | Added +7.8k |
| WINTON GROUP Ltd 0.02% of their portfolio | 238.4k $539.9k | Added +47.3k |
| Pinnacle Holdings, LLC 0.16% of their portfolio | 235.6k $533.7k | Reduced -1.3k |
| Bridgewater Associates, LP 0.00% of their portfolio | 233.7k $529.3k | Added +158.7k |
| JUPITER ASSET MANAGEMENT LTD 0.00% of their portfolio | 213.8k $484.4k | Reduced -2.0m |
| XTX Topco Ltd 0.01% of their portfolio | 205.8k $466.0k | Reduced -77.0k |
| Lombard Odier Asset Management (USA) Corp 0.42% of their portfolio | 204.7k $464.7k | Added +4.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 201.6k $456.6k | Reduced -6.8k |
| IMC-Chicago, LLC 0.00% of their portfolio | 188.2k $426.2k | Added +94.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 183.7k $846.7k | Unchanged |
| Aquatic Capital Management LLC 0.01% of their portfolio | 178.4k $404.1k | Added +123.2k |
| Alpine Global Management, LLC 0.07% of their portfolio | 176.9k $400.6k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 176.4k $399.6k | Added +93.6k |
| TWO SIGMA SECURITIES, LLC 0.03% of their portfolio | 171.5k $388.3k | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 170.6k $386.4k | Added +14.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 162.8k $368.8k | Added +147.7k |
| Verition Fund Management LLC 0.00% of their portfolio | 162.3k $367.7k | Added +145.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 154.3k $350.0k | Added +17.1k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 151.2k $342.6k | Reduced -3.0k |
| Graham Capital Management, L.P. 0.01% of their portfolio | 148.1k $335.4k | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 145.7k $330.0k | Added +42.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 143.3k $324.6k | Added +31.2k |