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Icahn Files 13D on Hertz Global Holdings (HTZ); Seeks Talks with Management

August 20, 2014 3:42 PM EDT

In a 13D filing on Hertz Global Holdings (NYSE: HTZ), activist hedge fund manger Carl Icahn disclosed a 8.48%, or 38,800,000 share, stake in the company. The firm did not hold shares at the end of the latest quarter ending June 30, 2014.

More from the 13D:

The Reporting Persons acquired their positions in the Shares in the belief that they were undervalued. The Reporting Persons intend to have discussions with representatives of the Issuer's management and board of directors relating to shareholder value, accounting issues, operational failures, underperformance relative to its peers and the Reporting Persons' lack of confidence in management. The Reporting Persons may also seek shareholder board representation if appropriate.

The Reporting Persons may, from time to time and at any time: (i) acquire additional Shares and/or other equity, debt, notes, instruments or other securities (collectively, "Securities") of the Issuer (or its affiliates) in the open market or otherwise; (ii) dispose of any or all of their Securities in the open market or otherwise; or (iii) engage in any hedging or similar transactions with respect to the Securities.

Name of Reporting Person
Date of Transaction
Amount of Securities
Price Per Share
High River Limited Partnership
06/23/2014
80,869.00 (1)
10.91 (2)
High River Limited Partnership
06/24/2014
113,946.00 (1)
10.86 (2)
High River Limited Partnership
06/25/2014
223,159.00 (1)
10.46 (2)
High River Limited Partnership
06/26/2014
123,321.00 (1)
10.48 (2)
High River Limited Partnership
06/27/2014
83,652.00 (1)
10.53 (2)
High River Limited Partnership
06/30/2014
165,172.00 (1)
10.59 (2)
High River Limited Partnership
07/01/2014
20,462.00 (1)
10.97 (2)
High River Limited Partnership
07/07/2014
29,646.00 (1)
10.98 (2)
High River Limited Partnership
07/08/2014
94,727.00 (1)
10.81 (2)
High River Limited Partnership
07/09/2014
45,623.00 (1)
10.87 (2)
High River Limited Partnership
07/10/2014
29,020.00 (1)
10.92 (2)
High River Limited Partnership
07/11/2014
3,620.00 (1)
10.95 (2)
High River Limited Partnership
07/17/2014
26,612.00 (1)
10.98 (2)
High River Limited Partnership
07/18/2014
140.00 (1)
11.01 (2)
High River Limited Partnership
07/21/2014
28,764.00 (1)
10.97 (2)
High River Limited Partnership
07/24/2014
24,539.00 (1)
10.99 (2)
High River Limited Partnership
07/25/2014
75,273.00 (1)
10.97 (2)
High River Limited Partnership
07/28/2014
57,623.00 (1)
10.80 (2)
High River Limited Partnership
07/29/2014
100,000.00 (1)
10.86 (2)
High River Limited Partnership
07/30/2014
19,632.00 (1)
10.97 (2)
High River Limited Partnership
07/31/2014
199,311.00 (1)
10.75 (2)
High River Limited Partnership
08/01/2014
176,848.00 (1)
10.41 (2)
High River Limited Partnership
08/04/2014
128,862.00 (1)
10.40 (2)
High River Limited Partnership
08/05/2014
139,186.00 (1)
10.58 (2)
High River Limited Partnership
08/06/2014
580,000.00 (1)
9.96 (2)
High River Limited Partnership
08/12/2014
446,047.00 (1)
11.04 (2)
High River Limited Partnership
08/13/2014
114,716.00 (1)
11.44 (2)
High River Limited Partnership
08/14/2014
404,254.00 (1)
11.94 (2)
High River Limited Partnership
08/15/2014
30,000.00 (1)
11.93 (2)
High River Limited Partnership
08/15/2014
321,930.00 (1)
12.00 (2)
High River Limited Partnership
08/18/2014
302,270.00 (1)
13.46 (2)
High River Limited Partnership
08/19/2014
249,166.00 (1)
13.98 (2)
High River Limited Partnership
08/20/2014
1,338,154.00 (1)
10.50 (2)
Icahn Partners LP
06/23/2014
192,026.00 (1)
10.91 (2)
Icahn Partners LP
06/24/2014
270,566.00 (1)
10.86 (2)
Icahn Partners LP
06/25/2014
529,896.00 (1)
10.46 (2)
Icahn Partners LP
06/26/2014
292,830.00 (1)
10.48 (2)
Icahn Partners LP
06/27/2014
198,632.00 (1)
10.53 (2)
Icahn Partners LP
06/30/2014
392,204.00 (1)
10.59 (2)
Icahn Partners LP
07/01/2014
51,717.00 (1)
10.97 (2)
Icahn Partners LP
07/07/2014
70,428.00 (1)
10.98 (2)
Icahn Partners LP
07/08/2014
225,036.00 (1)
10.81 (2)
Icahn Partners LP
07/09/2014
108,384.00 (1)
10.87 (2)
Icahn Partners LP
07/10/2014
68,941.00 (1)
10.92 (2)
Icahn Partners LP
07/11/2014
8,611.00 (1)
10.95 (2)
Icahn Partners LP
07/17/2014
63,221.00 (1)
10.98 (2)
Icahn Partners LP
07/18/2014
332.00 (1)
11.01 (2)
Icahn Partners LP
07/21/2014
68,335.00 (1)
10.97 (2)
Icahn Partners LP
07/24/2014
58,295.00 (1)
10.99 (2)
Icahn Partners LP
07/25/2014
178,823.00 (1)
10.97 (2)
Icahn Partners LP
07/28/2014
136,891.00 (1)
10.80 (2)
Icahn Partners LP
07/29/2014
237,565.00 (1)
10.86 (2)
Icahn Partners LP
07/30/2014
46,638.00 (1)
10.97 (2)
Icahn Partners LP
07/31/2014
473,490.00 (1)
10.75 (2)
Icahn Partners LP
08/01/2014
421,320.00 (1)
10.41 (2)
Icahn Partners LP
08/04/2014
306,172.00 (1)
10.40 (2)
Icahn Partners LP
08/05/2014
330,701.00 (1)
10.58 (2)
Icahn Partners LP
08/06/2014
1,378,060.00 (1)
9.96 (2)
Icahn Partners LP
08/12/2014
1,059,792.00 (1)
11.04 (2)
Icahn Partners LP
08/13/2014
272,561.00 (1)
11.44 (2)
Icahn Partners LP
08/14/2014
960,493.00 (1)
11.94 (2)
Icahn Partners LP
08/15/2014
71,280.00 (1)
11.93 (2)
Icahn Partners LP
08/15/2014
764,894.00 (1)
12.00 (2)
Icahn Partners LP
08/18/2014
718,182.00 (1)
13.46 (2)
Icahn Partners LP
08/19/2014
592,011.00 (1)
13.98 (2)
Icahn Partners LP
08/20/2014
3,179,407.00 (1)
10.50 (2)
Icahn Partners Master Fund LP
06/23/2014
131,452.00 (1)
10.91 (2)
Icahn Partners Master Fund LP
06/24/2014
185,218.00 (1)
10.86 (2)
Icahn Partners Master Fund LP
06/25/2014
362,739.00 (1)
10.46 (2)
Icahn Partners Master Fund LP
06/26/2014
200,456.00 (1)
10.48 (2)
Icahn Partners Master Fund LP
06/27/2014
135,975.00 (1)
10.53 (2)
Icahn Partners Master Fund LP
06/30/2014
268,483.00 (1)
10.59 (2)
Icahn Partners Master Fund LP
07/01/2014
30,130.00 (1)
10.97 (2)
Icahn Partners Master Fund LP
07/07/2014
48,156.00 (1)
10.98 (2)
Icahn Partners Master Fund LP
07/08/2014
153,871.00 (1)
10.81 (2)
Icahn Partners Master Fund LP
07/09/2014
74,107.00 (1)
10.87 (2)
Icahn Partners Master Fund LP
07/10/2014
47,139.00 (1)
10.92 (2)
Icahn Partners Master Fund LP
07/11/2014
5,869.00 (1)
10.95 (2)
Icahn Partners Master Fund LP
07/17/2014
43,229.00 (1)
10.98 (2)
Icahn Partners Master Fund LP
07/18/2014
228.00 (1)
11.01 (2)
Icahn Partners Master Fund LP
07/21/2014
46,723.00 (1)
10.97 (2)
Icahn Partners Master Fund LP
07/24/2014
39,860.00 (1)
10.99 (2)
Icahn Partners Master Fund LP
07/25/2014
122,269.00 (1)
10.97 (2)
Icahn Partners Master Fund LP
07/28/2014
93,602.00 (1)
10.80 (2)
Icahn Partners Master Fund LP
07/29/2014
162,435.00 (1)
10.86 (2)
Icahn Partners Master Fund LP
07/30/2014
31,888.00 (1)
10.97 (2)
Icahn Partners Master Fund LP
07/31/2014
323,752.00 (1)
10.75 (2)
Icahn Partners Master Fund LP
08/01/2014
286,070.00 (1)
10.41 (2)
Icahn Partners Master Fund LP
08/04/2014
209,275.00 (1)
10.40 (2)
Icahn Partners Master Fund LP
08/05/2014
226,042.00 (1)
10.58 (2)
Icahn Partners Master Fund LP
08/06/2014
941,940.00 (1)
9.96 (2)
Icahn Partners Master Fund LP
08/12/2014
724,395.00 (1)
11.04 (2)
Icahn Partners Master Fund LP
08/13/2014
186,302.00 (1)
11.44 (2)
Icahn Partners Master Fund LP
08/14/2014
656,522.00 (1)
11.94 (2)
Icahn Partners Master Fund LP
08/15/2014
48,720.00 (1)
11.93 (2)
Icahn Partners Master Fund LP
08/15/2014
522,826.00 (1)
12.00 (2)
Icahn Partners Master Fund LP
08/18/2014
490,896.00 (1)
13.46 (2)
Icahn Partners Master Fund LP
08/19/2014
404,653.00 (1)
13.98 (2)
Icahn Partners Master Fund LP
08/20/2014
2,173,207.00 (1)
10.50 (2)

For more notable holders of Hertz Global Holdings stock click here. For more information on Carl Icahn click here.



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