Rents cars under the Hertz, Dollar and Thrifty names.
No change
Warrant
Third Point holds warrants on Hertz: the right to buy its shares later at a set price. They cover 4.0 million shares, worth about $4 million. They didn’t really buy or sell any between April and June.
Mar 31
3,970,000
Jun 30
3,970,000
The numbers
Warrants they hold
3,970,000
Value on Jun 30, 2026
$4,327,300
about $4 million
Share of their money
Not counted
Warrants aren’t part of their stock money
Kind
Warrants: the right to buy shares later at a set price
A right to buy the stock later at a set price. It isn’t a share yet, so it isn’t counted in share of their money or as owning the company.
More about Hertz ›
The value uses the price on Jun 30, 2026. The fund may have paid a different price.