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 ($201.5k this quarter). Holder counts are more reliable. Shares outstanding: 310.8m as of 2025-07-31, 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 ≈ $6.83. Options: 29 managers hold calls ($168.7m notional), 39 hold puts ($274.4m).
Trends to Q2 2025
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 |
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 2023 | 99 | 149 |
| Q4 2023 | 134 | 130 |
| Q1 2024 | 138 | 132 |
| Q2 2024 | 154 | 129 |
| Q3 2024 | 102 | 146 |
| Q4 2024 | 100 | 134 |
| Q1 2025 | 122 | 96 |
| Q2 2025 | 129 | 119 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $27.4m | $33.1m | 1.21 |
| Q4 2024 | $33.6m | $47.6m | 1.42 |
| Q1 2025 | $45.2m | $97.4m | 2.15 |
| Q2 2025 | $168.7m | $274.4m | 1.63 |
Biggest buyers
| UBS Group AG | Added | +20.3m |
| NOMURA HOLDINGS INC | Added | +8.9m |
| MILLENNIUM MANAGEMENT LLC | New | +3.7m |
| D. E. Shaw & Co., Inc. | Added | +3.7m |
| CIBC WORLD MARKET INC. | New | +2.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.9m |
| Electron Capital Partners, LLC | New | +1.8m |
| CITADEL ADVISORS LLC | Added | +1.6m |
| MARSHALL WACE, LLP | Added | +1.6m |
| VANGUARD GROUP INC | Added | +1.6m |
Biggest sellers
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Sold out | -6.0m |
| GOLDMAN SACHS GROUP INC | Reduced | -5.2m |
| Assenagon Asset Management S.A. | Sold out | -3.1m |
| ING GROEP NV | Reduced | -3.0m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.3m |
| Invesco Ltd. | Reduced | -1.3m |
| JANE STREET GROUP, LLC | Reduced | -896.0k |
| BlackRock, Inc. | Reduced | -893.9k |
| CITIGROUP INC | Reduced | -824.7k |
| Jump Financial, LLC | Reduced | -675.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $36.3m5.3m shares |
| GROUP ONE TRADING LLC | Added | $26.6m3.9m shares |
| CITADEL ADVISORS LLC | Added | $23.5m3.4m shares |
| BANK OF AMERICA CORP /DE/ | Added | $23.3m3.4m shares |
| SIMPLEX TRADING, LLC | Reduced | $8.7m1.3m shares |
| Hudson Bay Capital Management LP | New | $8.5m1.2m shares |
| JANE STREET GROUP, LLC | Added | $6.3m915.1k shares |
| D. E. Shaw & Co., Inc. | Added | $5.3m776.4k shares |
| CITIGROUP INC | New | $5.0m725.0k shares |
| Walleye Trading LLC | Added | $3.9m572.2k shares |
Biggest puts
| TORONTO DOMINION BANK | Added | $70.9m10.4m shares |
| JANE STREET GROUP, LLC | Added | $23.2m3.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $22.9m3.4m shares |
| CITADEL ADVISORS LLC | Added | $15.9m2.3m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $15.7m2.3m shares |
| BANK OF AMERICA CORP /DE/ | Added | $12.5m1.8m shares |
| SIMPLEX TRADING, LLC | Added | $11.1m1.6m shares |
| WHITEBOX ADVISORS LLC | Added | $10.7m1.6m shares |
| GROUP ONE TRADING LLC | Added | $9.9m1.5m shares |
| IMC-Chicago, LLC | Added | $8.1m1.2m 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 in Q2 2025
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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 1 | $1.1m | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 2 | $430.9k | — |
| Q1 2025 | 0 | — | 1 | $93.1k | — |
| Q2 2025 | 0 | — | 1 | $248.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-15 | Leef Eric EVP, Chief HR Officer | Sold | $248.1k42.9k 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 2025
| Manager | Shares | Change |
|---|---|---|
| Knighthead Capital Management, LLC 78.02% of their portfolio | 181.5m $1.2bn | Unchanged |
| UBS Group AG 0.03% of their portfolio | 22.7m $155.2m | Added +20.3m |
| BlackRock, Inc. 0.00% of their portfolio | 18.1m $123.4m | Reduced -893.9k |
| Pershing Square Capital Management, L.P. 0.76% of their portfolio | 15.2m $104.1m | Added +241.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.0m $95.5m | Added +1.6m |
| NOMURA HOLDINGS INC 0.50% of their portfolio | 9.0m $61.6m | Added +8.9m |
| MORGAN STANLEY 0.00% of their portfolio | 5.6m $38.3m | Reduced -49.7k |
| STATE STREET CORP 0.00% of their portfolio | 5.4m $37.1m | Reduced -300.4k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 4.1m $27.8m | Added +3.7m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 3.7m $25.4m | New |
| CIBC WORLD MARKETS CORP 0.16% of their portfolio | 3.6m $24.7m | Reduced -12.7k |
| CPV Partners, LLC 12.08% of their portfolio | 3.2m $21.9m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.1m $21.0m | Reduced -130.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.9m $19.7m | Reduced -118.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 2.5m $17.3m | Added +1.9m |
| CITIGROUP INC 0.01% of their portfolio | 2.4m $16.3m | Reduced -824.7k |
| PAR CAPITAL MANAGEMENT INC 0.51% of their portfolio | 2.3m $15.6m | Added +1.3m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 2.1m $14.5m | Added +1.6m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.1m $14.3m | Reduced -5.2m |
| Invesco Ltd. 0.00% of their portfolio | 2.0m $13.7m | Reduced -1.3m |
| ING GROEP NV 0.08% of their portfolio | 2.0m $13.7m | Reduced -3.0m |
| CIBC WORLD MARKET INC. 0.03% of their portfolio | 2.0m $13.7m | New |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 2.0m $13.4m | Added +1.5m |
| Electron Capital Partners, LLC 0.66% of their portfolio | 1.8m $12.3m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.8m $12.3m | Reduced -503.5k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 1.8m $12.0m | Added +1.6m |
| Allianz Asset Management GmbH 0.01% of their portfolio | 1.6m $11.0m | Added +106.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.5m $10.3m | Reduced -2.3m |
| NATIXIS 0.05% of their portfolio | 1.5m $10.2m | Added +500.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.4m $9.3m | Reduced -47.2k |
| SG Americas Securities, LLC 0.03% of their portfolio | 1.0m $6.9m | Reduced -36.5k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 964.7k $6.6m | Added +510.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 944.5k $6.5m | Reduced -896.0k |
| Verition Fund Management LLC 0.03% of their portfolio | 890.1k $6.1m | Reduced -196.6k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 839.0k $5.7m | New |
| TORONTO DOMINION BANK 0.01% of their portfolio | 750.0k $5.1m | Added +734.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 736.1k $5.0m | Reduced -44.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 613.4k $4.2m | Added +2.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 543.9k $3.7m | Added +451.7k |
| Squarepoint Ops LLC 0.01% of their portfolio | 543.0k $3.7m | New |
| IMC-Chicago, LLC 0.08% of their portfolio | 468.2k $3.2m | Added +351.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 444.4k $3.0m | Added +107.2k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 421.8k $2.9m | Added +32.8k |
| Creative Planning 0.00% of their portfolio | 404.1k $2.8m | Added +86.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 377.8k $2.6m | Added +26.1k |
| WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio | 366.9k $2.5m | Reduced -55.8k |
| COBALT CAPITAL MANAGEMENT, INC. 1.15% of their portfolio | 360.0k $2.5m | New |
| GAMCO INVESTORS, INC. ET AL 0.02% of their portfolio | 349.5k $2.4m | New |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 343.5k $2.3m | New |
| Legal & General Group Plc 0.00% of their portfolio | 339.5k $2.3m | Reduced -43.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 325.3k $2.2m | New |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 321.0k $2.2m | Unchanged |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 320.0k $2.2m | New |
| Nuveen, LLC 0.00% of their portfolio | 297.4k $2.0m | Reduced -54.9k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 291.0k $2.0m | Reduced -16.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 280.7k $1.9m | Reduced -85.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 261.4k $1.8m | Reduced -478 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 254.2k $1.7m | Reduced -454.2k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 252.0k $1.7m | Added +42.5k |
| Walleye Capital LLC 0.02% of their portfolio | 247.9k $1.7m | Added +233.4k |
| Eschler Asset Management LLP 1.23% of their portfolio | 239.6k $1.6m | New |
| ROYCE & ASSOCIATES LP 0.02% of their portfolio | 239.5k $1.6m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 237.6k $1.6m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 234.9k $1.6m | Reduced -117.1k |
| Pinnacle Holdings, LLC 0.57% of their portfolio | 231.0k $1.6m | Added +2.1k |
| Eisler Capital Management Ltd. 0.05% of their portfolio | 230.1k $1.6m | New |
| Nemes Rush Group LLC 0.16% of their portfolio | 220.2k $1.5m | Unchanged |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.33% of their portfolio | 210.0k $1.4m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 205.4k $1.4m | Reduced -383.5k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.03% of their portfolio | 181.5k $1.2m | Reduced -107.2k |
| WOLVERINE TRADING, LLC 0.03% of their portfolio | 169.8k $1.2m | Added +17.1k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 165.1k $1.1m | Reduced -450.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 155.4k $1.1m | Added +99.3k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 154.4k $1.1m | Reduced -48 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 136.4k $931.9k | Added +41.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 132.7k $906.4k | Added +8.3k |
| Mariner, LLC 0.00% of their portfolio | 124.7k $852.0k | Added +32.6k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 124.4k $850.0k | Added +9.0k |
| Quantbot Technologies LP 0.02% of their portfolio | 120.2k $820.9k | New |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 114.2k $780.1k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 113.1k $772.7k | Reduced -1.5k |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 111.8k $763.9k | New |
| LPL Financial LLC 0.00% of their portfolio | 107.3k $733.1k | Added +91.6k |
| COATUE MANAGEMENT LLC 0.00% of their portfolio | 106.8k $729.6k | Unchanged |
| Sender Co & Partners, Inc. 0.32% of their portfolio | 102.9k $702.9k | New |
| Nebula Research & Development LLC 0.06% of their portfolio | 102.9k $702.5k | Reduced -82.3k |
| TD Asset Management Inc 0.00% of their portfolio | 100.0k $683.0k | Reduced -50.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 94.0k $643.0k | Added +3.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 92.8k $633.9k | Reduced -5.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 91.9k $627.8k | Added +14.3k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 91.0k $621.0k | Added +868 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 86.7k $592.3k | Reduced -9.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 76.6k $523.4k | Reduced -13.3k |
| Blueshift Asset Management, LLC 0.16% of their portfolio | 75.5k $515.7k | New |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 73.5k $502.0k | Added +5.5k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 71.9k $491.2k | Added +16.3k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 70.2k $479.8k | Reduced -2.2k |
| BCK CAPITAL MANAGEMENT LP 0.41% of their portfolio | 70.0k $478.1k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 64.7k $442.1k | Reduced -8.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 61.4k $419.3k | Added +9.0k |