HERTZ CORP

CUSIP: 428040DE6 Class: Bond

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (1)

Context Capital Management, LLC

Value ($000) $8,885 Shares 7,750,000

Institution	Shares	Value ($000)
Context Capital Management, LLC	7,750,000	$8,885

Increased Positions (6)

WHITEBOX ADVISORS LLC

Value ($000) $10,069 (+18.7%) Shares 8,899,997 (+39.1%)

BALYASNY ASSET MANAGEMENT L.P.

Value ($000) $28,738 (+403.5%) Shares 25,068,000 (+511.4%)

Sculptor Capital LP

Value ($000) $23,163 (-12.2%) Shares 20,060,065 (+6.6%)

LINDEN ADVISORS LP

Value ($000) $5,683 (+111.6%) Shares 4,967,000 (+148.3%)

TWO SIGMA INVESTMENTS, LP

Value ($000) $19,393 (-7.9%) Shares 17,140,999 (+7.9%)

D. E. Shaw & Co., Inc.

Value ($000) $18,573 (-10.2%) Shares 16,204,999 (+8.4%)

Institution	Prev Shares	Curr Shares	Change
WHITEBOX ADVISORS LLC	6,399,997	8,899,997	+2,500,000 (+39.1%)
BALYASNY ASSET MANAGEMENT L.P.	4,100,000	25,068,000	+20,968,000 (+511.4%)
Sculptor Capital LP	18,810,065	20,060,065	+1,250,000 (+6.6%)
LINDEN ADVISORS LP	2,000,000	4,967,000	+2,967,000 (+148.3%)
TWO SIGMA INVESTMENTS, LP	15,890,999	17,140,999	+1,250,000 (+7.9%)
D. E. Shaw & Co., Inc.	14,954,999	16,204,999	+1,250,000 (+8.4%)

Decreased Positions (3)

LMR Partners LLP

Value ($000) $22,275 (-39.3%) Shares 19,910,479 (-26.0%)

Point72 Asset Management, L.P.

Value ($000) $7,873 (-55.9%) Shares 6,895,000 (-46.5%)

MILLENNIUM MANAGEMENT LLC

Value ($000) $19,085 (-26.6%) Shares 16,719,999 (-10.7%)

Institution	Prev Shares	Curr Shares	Change
LMR Partners LLP	26,910,479	19,910,479	-7,000,000 (-26.0%)
Point72 Asset Management, L.P.	12,895,000	6,895,000	-6,000,000 (-46.5%)
MILLENNIUM MANAGEMENT LLC	18,719,999	16,719,999	-2,000,000 (-10.7%)

Exited Positions (3)

BNP PARIBAS ARBITRAGE, SA

Value ($000) $12,979 Shares 9,791,919

Russell Investments Group, Ltd.

Value ($000) $451 Shares 324,479

LAZARD ASSET MANAGEMENT LLC

Value ($000) $56 Shares 4,143,077

Institution	Prev Shares	Prev Value ($000)
BNP PARIBAS ARBITRAGE, SA	9,791,919	$12,979
Russell Investments Group, Ltd.	324,479	$451
LAZARD ASSET MANAGEMENT LLC	4,143,077	$56