Jane Street Group, LLC, together with two subsidiaries, filed an amended Schedule 13G with the SEC on November 6, 2026, disclosing aggregate beneficial ownership of 8,762,442 shares of Hertz Global Holdings, Inc. common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Jane Street Group, LLC reported 8,762,442 shares, representing 2.4% of Hertz Global Holdings common stock.
  • Convertible bonds and warrants: The filing states the reported holding includes 5,591,007 shares acquirable from convertible bonds and warrants held by Jane Street Global Trading, LLC and Jane Street Capital, LLC.
  • Shared voting and dispositive power only: All three reporting persons reported zero sole voting power and zero sole dispositive power; all 8,762,442 shares are held on a shared basis at the Group level.
  • Jane Street Capital, LLC: Reported 3,024,334 shares (0.8% of class), including 1,006 shares acquirable from warrants.
  • Jane Street Global Trading, LLC: Reported 5,738,108 shares (1.6% of class), including 5,590,001 shares acquirable from convertible bonds and warrants.
  • Share count basis: The percent-of-class calculations use 362,042,400 shares, derived from 356,451,393 shares outstanding as of July 30, 2026 plus 5,591,007 dilutive shares from convertible bonds and warrants.

Jane Street Group Discloses Sub-5% Position in Hertz Global Holdings

According to the filing, Jane Street Group, LLC (a Delaware holding company) and its two subsidiaries - Jane Street Capital, LLC and Jane Street Global Trading, LLC - jointly filed Amendment No. 1 to Schedule 13G covering Hertz Global Holdings, Inc. common stock (par value $0.01 per share, CUSIP 42806J700). The event triggering the filing occurred on September 30, 2026, and the statement was signed by Jeremy Kahn as authorized signatory for all three entities on November 6, 2026.

The filing discloses that at the Group level, Jane Street Group, LLC holds shared voting power and shared dispositive power over 8,762,442 shares, representing 2.4% of the class. The filing notes the percent-of-class figure is calculated using a denominator of 362,042,400 shares, which the filing states is based on 356,451,393 shares outstanding as of July 30, 2026 as reported in the issuer's 10-Q filed August 6, 2026, adjusted for 5,591,007 shares acquirable via convertible bonds and warrants held by Jane Street Global Trading, LLC and Jane Street Capital, LLC.

At the subsidiary level, Jane Street Global Trading, LLC accounts for 5,738,108 shares (1.6%), while Jane Street Capital, LLC accounts for 3,024,334 shares (0.8%). The filing certifies, in accordance with SEC requirements, that "the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." Item 5 of the filing designates this as ownership of 5 percent or less of the class. The issuer's principal executive offices are listed as 8501 Williams Road, Estero, Florida 33928.

What Was Disclosed

Jane Street Group, LLC and two subsidiaries filed an amended Schedule 13G disclosing aggregate beneficial ownership of 8,762,442 shares, or 2.4%, of Hertz Global Holdings common stock as of September 30, 2026, with the position including shares acquirable through convertible bonds and warrants.