Pershing Square Capital Management, L.P.: HERTZ GLOBAL HLDGS INC (HTZ): Quarterly 13F Position History
As of Q1 2026, Pershing Square Capital Management, L.P. reported 15,241,127 shares of HERTZ GLOBAL HLDGS INC (HTZ), worth $70.3M and representing 0.5% of its 13F equity book. The position first appeared in Q1 2025 and has been disclosed across 5 13F-HR filings in Pactolio's tracked window.
- 15,241,127Shares Held (Latest Filing)
- $70.3MReported Market Value (Latest Filing)
- 0.5%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$8.1MQuarter-over-Quarter Value Change
- 15,241,127Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 5 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 15,241,127 | 0 | — | $70.3M | 0.5% | $4.6 |
| Q4 2025 | 15,241,127 | 0 | — | $78.3M | 0.5% | $5.1 |
| Q3 2025 | 15,241,127 | 0 | — | $103.6M | 0.7% | $6.8 |
| Q2 2025 | 15,241,127 | +241,127 | +1.6% | $104.1M | 0.8% | $6.8 |
| Q1 2025 | 15,000,000 | — | — | $59.1M | 0.5% | $3.9 |
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 Pershing Square Capital Management, L.P. first disclose a HTZ position in 13F-HR filings?
Pershing Square Capital Management, L.P. first reported HERTZ GLOBAL HLDGS INC (HTZ) on its 13F-HR filing for the period ending 2025-03-31 (Q1 2025). The position has appeared on 5 reported quarters within Pactolio's tracked window.
What was Pershing Square Capital Management, L.P.'s most recent quarter-over-quarter share-count change in HTZ?
Pershing Square Capital Management, L.P. held the same 15,241,127 shares of HTZ between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent Pershing Square Capital Management, L.P.'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.