Bill Ackman acquired 15M Hertz Global Holdings shares worth $26.4M. That's 0.13% of their equity portfolio (14th largest holding). The investor owns 4.45% of the outstanding Hertz Global Holdings stock. Bill Ackman started to build up the position in Hertz Global Holdings in Q4 2024 and continued to invest until Q2 2025. Since then they sold 250k shares. The investor's estimated purchase price is $55.9M, resulting in a loss of 53%.