Vanguard Portfolio Management LLC filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 1,868,693 shares of common stock in Herc Holdings Inc, an equipment rental company headquartered in Bonita Springs, Florida, as of a triggering event dated September 30, 2026.

Key Highlights

  • Beneficial ownership: Vanguard Portfolio Management reported aggregate beneficial ownership of 1,868,693 shares of Herc Holdings common stock (CUSIP 42704L104).
  • Percent of class: The reported position represents 5.58% of the outstanding class of common stock.
  • Sole voting power: Vanguard Portfolio Management disclosed sole voting power over 29,006 shares, with shared voting power of 0.
  • Sole dispositive power: The filing attributes sole dispositive power over 1,868,693 shares, with shared dispositive power of 0.
  • Triggering event date: The date of the event requiring the filing is listed as September 30, 2026.
  • Affiliated entities included: According to the filing, the reported holdings encompass securities attributable to Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, as affiliates or business divisions.

Vanguard Portfolio Management's Reported Stake in Herc Holdings

Vanguard Portfolio Management LLC, organized in Pennsylvania and identified in the filing as an investment adviser, submitted this Schedule 13G disclosing its position in Herc Holdings Inc, an equipment rental company with principal executive offices at 27500 Riverview Center Blvd, Suite 100, Bonita Springs, FL 34134, listed on NYSE:HRI. The filing was signed by My Trieu-Gatt, identified as Authorized Signatory and Head of Global Fund Administration, and dated October 30, 2026.

According to the filing, the aggregate beneficial ownership of 1,868,693 shares represents 5.58% of the class. The disclosure notes that the sole power to vote or direct the vote applies to only 29,006 of those shares, while the full 1,868,693 shares are subject to sole dispositive power. No shares are reported under shared voting or shared dispositive arrangements.

The filing states that the holdings reflect securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, as well as securities held by clients of Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. The filing further notes that no single other person's interest in the reported securities exceeds 5%, and that Vanguard Portfolio Management, including registered investment companies and other managed accounts, holds the right to receive dividends or sale proceeds from the reported shares.

What Was Disclosed

Vanguard Portfolio Management LLC reported beneficial ownership of 1,868,693 shares, equal to 5.58% of Herc Holdings Inc common stock, as of September 30, 2026, via a Schedule 13G filed on October 30, 2026. The position includes affiliated entities Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC.