Iridian Asset Management’s Avis CAR Stock Holding History

Iridian Asset 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	-4,699,582	Closed	-$129M	–	70
2016 Q1	$129M	Sell	4,699,582 -1,830,005	-28%	-$50M	1.09%	36
2015 Q4	$237M	Buy	6,529,587 +275,527	+4%	+$11.6M	1.95%	23
2015 Q3	$273M	Buy	6,254,060 +1,391,935	+29%	+$60.4M	2.31%	18
2015 Q2	$214M	Buy	4,862,125 +573,512	+13%	+$30.3M	1.69%	29
2015 Q1	$253M	Buy	4,288,613 +511,852	+14%	+$31.2M	2.13%	22
2014 Q4	$251M	Sell	3,776,761 -572,405	-13%	-$32.7M	2.33%	20
2014 Q3	$239M	Sell	4,349,166 -1,946,429	-31%	-$122M	2.46%	17
2014 Q2	$376M	Sell	6,295,595 -310,250	-5%	-$17M	3.85%	4
2014 Q1	$322M	Sell	6,605,845 -959,209	-13%	-$41.2M	3.68%	7
2013 Q4	$306M	Buy	7,565,054 +195,289	+3%	+$6.54M	3.62%	6
2013 Q3	$212M	Buy	7,369,765 +2,814,803	+62%	+$84.1M	2.84%	14
2013 Q2	$131M	Buy	+4,554,962	New	+$137M	1.65%	27

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

Iridian Asset Management's CAR Position: Q2 2016 in Review

Iridian Asset Management sold out of Avis (CAR) in Q2 2016, closing a stake of 4,699,582 shares — an estimated $129M sold.

Iridian Asset Management first reported a position in CAR in Q2 2013 and held it in 12 quarters. The position peaked at $376M in Q2 2014. 226 funds tracked by Wall St. Rank hold CAR as of Q2 2016.

Iridian Asset Management reported no remaining Avis position as of Q2 2016 after selling out during the quarter.
Iridian Asset Management sold 4,699,582 Avis shares in Q2 2016, an estimated $129M.
Iridian Asset Management first reported a position in Avis in Q2 2013 and held it in 12 quarters.
Iridian Asset Management's Avis position peaked at $376M in Q2 2014.
226 funds tracked by Wall St. Rank held Avis as of Q2 2016.

Based on Iridian Asset Management's 13F filing for Q2 2016, filed 9 Aug 2016.