Fir Tree Capital Management’s Avis CAR Stock Holding History

Fir Tree Capital Management’s Portfolio CAR Stock Details CAR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-1,679,549	Closed	-$46M	–	60
2016 Q1	$46M	Sell	1,679,549 -4,501,960	-73%	-$123M	1.74%	15
2015 Q4	$224M	Sell	6,181,509 -647,027	-9%	-$27.2M	3.98%	9
2015 Q3	$298M	Buy	6,828,536 +359,575	+6%	+$15.6M	5%	6
2015 Q2	$285M	Buy	6,468,961 +2,593,919	+67%	+$137M	4.54%	5
2015 Q1	$229M	Sell	3,875,042 -293,140	-7%	-$17.9M	3.26%	14
2014 Q4	$276M	Buy	+4,168,182	New	+$238M	2.88%	11

Other funds holding CAR

SIM

SRS Investment Management New York $9.47B AUM 60.12% 1-Year Est. Return

GCM

Glenview Capital Management New York $3.98B AUM 20.52% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Diamond Hill Capital Management Columbus, Ohio $16B AUM 4.15% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

TCM

TimesSquare Capital Management New York $5.89B AUM 28.74% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

LAM

Lyrical Asset Management New York $6.56B AUM 20.06% 1-Year Est. Return

Fir Tree Capital Management's CAR Position: Q2 2016 in Review

Fir Tree Capital Management sold out of Avis (CAR) in Q2 2016, closing a stake of 1,679,549 shares — an estimated $46M sold.

Fir Tree Capital Management first reported a position in CAR in Q4 2014 and held it in 6 quarters. The position peaked at $298M in Q3 2015. 226 funds tracked by Wall St. Rank hold CAR as of Q2 2016.

Fir Tree Capital Management reported no remaining Avis position as of Q2 2016 after selling out during the quarter.
Fir Tree Capital Management sold 1,679,549 Avis shares in Q2 2016, an estimated $46M.
Fir Tree Capital Management first reported a position in Avis in Q4 2014 and held it in 6 quarters.
Fir Tree Capital Management's Avis position peaked at $298M in Q3 2015.
226 funds tracked by Wall St. Rank held Avis as of Q2 2016.

Based on Fir Tree Capital Management's 13F filing for Q2 2016, filed 15 Aug 2016.