Knighthead Capital Management, LLC: HERTZ GLOBAL HLDGS INC (HTZ): Quarterly 13F Position History
As of Q1 2026, Knighthead Capital Management, LLC reported 181,455,469 shares of HERTZ GLOBAL HLDGS INC (HTZ), worth $836.5M and representing 84.6% of its 13F equity book. Quarter-over-quarter share count change: 5 (-0.0%) . The position first appeared in Q4 2021 and has been disclosed across 13 13F-HR filings in Pactolio's tracked window.
- 181,455,469Shares Held (Latest Filing)
- $836.5MReported Market Value (Latest Filing)
- 84.6%Portfolio Weight (% of 13F Equity Book)
- 5Quarter-over-Quarter Share Change
- +$237.7MQuarter-over-Quarter Value Change
- 181,455,474Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 13 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 181,455,469 | 5 | -0.0% | $836.5M | 84.6% | $4.6 |
| Q3 2024 | 181,455,474 | 0 | — | $598.8M | 31.1% | $3.3 |
| Q2 2024 | 181,455,474 | +5 | +0.0% | $640.5M | 54.3% | $3.5 |
| Q1 2024 | 181,455,469 | 0 | — | $1.4B | 64.1% | $7.8 |
| Q4 2023 | 181,455,469 | 0 | — | $1.9B | 66.7% | $10.4 |
| Q3 2023 | 181,455,469 | 0 | — | $2.2B | 91.3% | $12.3 |
| Q2 2023 | 181,455,469 | 0 | — | $3.3B | 96.8% | $18.4 |
| Q1 2023 | 181,455,469 | 0 | — | $3.0B | 96.2% | $16.3 |
| Q4 2022 | 181,455,469 | 0 | — | $2.8B | 96.6% | $15.4 |
| Q3 2022 | 181,455,469 | 0 | — | $3.0B | 96.0% | $16.3 |
| Q2 2022 | 181,455,469 | 0 | — | $2.9B | 95.8% | $15.8 |
| Q1 2022 | 181,455,469 | 0 | — | $4.0B | 94.9% | $22.1 |
| Q4 2021 | 181,455,469 | — | — | $4.5B | 95.0% | $25.0 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Knighthead Capital Management, LLC first disclose a HTZ position in 13F-HR filings?
Knighthead Capital Management, LLC first reported HERTZ GLOBAL HLDGS INC (HTZ) on its 13F-HR filing for the period ending 2021-12-31 (Q4 2021). The position has appeared on 13 reported quarters within Pactolio's tracked window.
What was Knighthead Capital Management, LLC's most recent quarter-over-quarter share-count change in HTZ?
Between Q3 2024 and Q1 2026, Knighthead Capital Management, LLC reduced its HTZ position by 5 shares (-0.0%), leaving 181,455,469 shares at a market value of $836.5M.
Does the implied price-per-share represent Knighthead Capital Management, LLC's cost basis in HTZ?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.