Can Hedge Funds See Into The Future?

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  1. Hertz Global Holdings Inc (NYSE:HRI)

Hedge fund investment in Hertz Global Holdings Inc (NYSE:HRI) as of December 31, 2013: 109 hedge funds, including James Dinan’s York Capital Management with a $345.3 million stake

Stock price as of February 28, 2014: $420.15

Stock price three years later (February 28, 2017): $51.69

Stock price growth: -87.70%

Hedge fund investment as of March 31, 2017: 31 hedge funds, with aggregate holdings of $828.76 million

Hertz HTZ

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