Who Owns Hertz?
Updated onExplore the ownership hierarchy of Hertz. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Hertz
Hertz is a global car rental and mobility services company founded in 1918, whose parent Hertz Global Holdings is publicly traded on Nasdaq under the ticker HTZ, operating the Hertz brand and related offerings through thousands of locations in more than 160 countries.
Hertz Global Holdings, Inc.
Hertz Global Holdings, Inc. is a publicly traded global vehicle rental and mobility company whose subsidiaries operate the Hertz, Dollar, Thrifty and related car-rental brands worldwide.
Hertz
Hertz is a global car rental and mobility services company founded in 1918, whose parent Hertz Global Holdings is publicly traded on Nasdaq under the ticker HTZ, operating the Hertz brand and related offerings through thousands of locations in more than 160 countries.
Hertz Global Holdings, Inc.
Hertz Global Holdings, Inc. is a publicly traded global vehicle rental and mobility company whose subsidiaries operate the Hertz, Dollar, Thrifty and related car-rental brands worldwide.
Major Shareholders
Hertz
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
CK Amarillo LP (Knighthead/Certares-led investor vehicle) Largest shareholder of Hertz Global Holdings, Inc.; consortium of funds managed by Knighthead Capital Management and co‑investors, holding about 181.5M shares. | Institutional | 58.2% | 58.2% | Sep 2025 |
UBS Asset Management AG Global asset manager for UBS Group; stake held across various UBS-managed funds and accounts. | Institutional | 7.1% | 7.1% | Sep 2025 |
TD Securities (USA) LLC Investment banking and brokerage subsidiary of Toronto-Dominion Bank; reported >5% beneficial ownership on Schedule 13G in 2025. | Institutional | 6.9% | 6.9% | Mar 2025 |
BlackRock, Inc. World’s largest asset manager; position in Hertz primarily via BlackRock index and actively managed funds. | Institutional | 5.8% | 5.8% | Sep 2025 |
Pershing Square Capital Management, L.P. Hedge fund led by Bill Ackman; holds a significant minority position in Hertz Global Holdings, Inc. | Institutional | 4.9% | 4.9% | Sep 2025 |
The Vanguard Group, Inc. Major index-fund provider; ownership reflects passive holdings through Vanguard mutual funds and ETFs. | Institutional | 4.4% | 4.4% | Sep 2025 |
Hertz Global Holdings, Inc.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
CK Amarillo LP (Knighthead / Certares group) Largest shareholder; investment vehicle for a group led by Knighthead Capital Management and Certares Opportunities. SEC Schedule 13D/A and a March 24, 2025 Form 8‑K report CK Amarillo beneficially owning 181,455,469 HTZ shares (about 58.9% of outstanding common stock as of March 21, 2025). Under a voting agreement, CK Amarillo must vote any shares above 45% of total voting power in proportion to other stockholders, effectively capping its independent voting power at 45% until specified conditions are met. | Institutional | 58.9% | 45.0% | Mar 2025 |
UBS Group AG Major institutional holder of Hertz Global; recent ownership summaries based on Form 13F filings show UBS entities holding roughly 21.9–22.2 million HTZ shares, or about 7% of the company. | Institutional | 7.0% | 7.0% | Sep 2025 |
BlackRock, Inc. (and affiliates) BlackRock-managed funds collectively hold approximately 18–20 million HTZ shares; WallStreetZen and other ownership trackers estimate this at about 5.8% of shares outstanding based on recent 13F data. | Institutional | 5.8% | 5.8% | Sep 2025 |
Pershing Square Capital Management, L.P. Pershing Square is a significant shareholder with about 15.24 million shares of HTZ, corresponding to roughly 4.9% of the company per institutional holder reports tied to recent 13F filings. | Institutional | 4.9% | 4.9% | Sep 2025 |
The Vanguard Group, Inc. Vanguard funds held about 13.98 million HTZ shares as of June 30, 2025, which equates to roughly 4.5% of Hertz Global’s outstanding common stock according to Nasdaq’s institutional holdings summary. | Institutional | 4.5% | 4.5% | Jun 2025 |
Tudor Investment Corp ET AL Event‑driven hedge fund group reported ownership of 7.5 million HTZ shares (about 2.4% of the company) in its December 9, 2025 Form 13F filing, as reflected in MarketBeat and WallStreetZen data. | Institutional | 2.4% | 2.4% | Dec 2025 |
CIBC Bancorp USA Inc. CIBC Bancorp USA is disclosed as owning approximately 5.81 million HTZ shares, or about 1.9% of shares outstanding, in late‑2025 institutional ownership summaries derived from 13F filings. | Institutional | 1.9% | 1.9% | Nov 2025 |
Morgan Stanley Morgan Stanley and related entities hold roughly 5.7 million HTZ shares (around 1.8% of the company) according to Nasdaq and WallStreetZen institutional holder data. | Institutional | 1.8% | 1.8% | Sep 2025 |
State Street Corporation State Street’s index and ETF platforms collectively own about 5.4 million HTZ shares, corresponding to roughly 1.7% of outstanding shares per recent institutional ownership reports. | Institutional | 1.7% | 1.7% | Sep 2025 |
CIBC World Markets Inc. Canadian Imperial Bank of Commerce’s capital markets arm (CIBC World Markets) is reported as beneficial owner of approximately 5.0 million HTZ shares (about 1.6% of the company). | Institutional | 1.6% | 1.6% | Sep 2025 |
Stephen M. Scherr Former CEO and the largest individual insider shareholder; owns about 4.14 million HTZ shares, representing roughly 1.33% of Hertz Global’s equity according to 2025 ownership analyses. | Individual | 1.3% | 1.3% | Sep 2025 |
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