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230 hedge funds and large institutions have $4.31B invested in Avis in 2015 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 76 increasing their positions, 81 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more call options, than puts

Call options by funds: $171M | Put options by funds: $114M

12% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 43

4.11% more ownership

Funds ownership: 82.94%87.06% (+4.1%)

1% more funds holding

Funds holding: 228230 (+2)

6% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 81

13% less capital invested

Capital invested by funds: $4.96B → $4.31B (-$649M)

31% less funds holding in top 10

Funds holding in top 10: 1611 (-5)

Holders
230
Holders Change
+2
Holders Change %
+0.88%
% of All Funds
6.03%
Holding in Top 10
11
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-31.25%
% of All Funds
0.29%
New
48
Increased
76
Reduced
81
Closed
43
Calls
$171M
Puts
$114M
Net Calls
+$57.1M
Net Calls Change
-$37.1M
Name Holding Trade Value Shares
Change
Change in
Stake
EWM
226
Evercore Wealth Management
New York
$1K
VNA
227
Valley National Advisers
Pennsylvania
$1K
QI
228
QS Investors
New York
$1K +$758 +18 New
Manulife (Manufacturers Life Insurance)
229
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$166
OCAM
230
Owl Creek Asset Management
New York
-$46.5M -1,065,283 Closed
CI Investments Inc
231
CI Investments Inc
Ontario, Canada
-$34.5M -789,829 Closed
CCM
232
Cobalt Capital Management
New Jersey
-$24.3M -557,263 Closed
TVM
233
Tiger Veda Management
New York
-$15M -342,778 Closed
VBCP
234
Vollero Beach Capital Partners
New York
-$10M -228,945 Closed
Balyasny Asset Management
235
Balyasny Asset Management
Illinois
-$9.7M -222,000 Closed
AIP
236
ARS Investment Partners
New York
-$8.91M -204,052 Closed
WC
237
Wexford Capital
Florida
-$8.25M -188,843 Closed
PG
238
PEAK6 Group
Illinois
-$7.27M -172,759 Closed
LIM
239
Lorem Ipsum Management
New York
-$6.55M -150,000 Closed
AL
240
Airain Ltd
Guernsey
-$5.58M -127,684 Closed
Tudor Investment Corp
241
Tudor Investment Corp
Connecticut
-$5.24M -120,000 Closed
OAC
242
OMERS Administration Corp
Ontario, Canada
-$4.67M -106,900 Closed
HI
243
HBK Investments
Texas
-$4.46M -102,114 Closed
HS
244
HighVista Strategies
Massachusetts
-$4.28M -97,977 Closed
SM
245
SLS Management
New York
-$3.45M -79,068 Closed
LMGAM
246
Liberty Mutual Group Asset Management
Massachusetts
-$3.16M -72,341 Closed
SRF
247
Silver Rock Financial
California
-$2.74M -62,700 Closed
EA
248
Emerald Advisers
Pennsylvania
-$2.49M -57,013 Closed
ARTA
249
A.R.T. Advisors
New York
-$2.14M -48,969 Closed
KCM
250
Karp Capital Management
California
-$1.38M -31,507 Closed

CAR Hedge Fund Activity: Q4 2015 in Review

230 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q4 2015, worth a combined $4.31B — down 13% from $4.96B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new CAR positions and 43 closed out — a net gain of 5 holders — while 76 added to existing stakes and 81 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $107M. The largest seller was Ivory Investment Management, cutting an estimated $70M.

  • 230 institutional investors held Avis (CAR) as of Q4 2015, up from 228 in Q3 2015.
  • Funds reported $4.31B of Avis stock for Q4 2015, down 13% quarter-over-quarter.
  • 48 funds opened new Avis positions in Q4 2015 and 43 closed out, a net change of +5 holders.
  • The largest Avis buyer in Q4 2015 was Morgan Stanley, an estimated $107M added.
  • The largest Avis seller in Q4 2015 was Ivory Investment Management, an estimated $70M sold.

Based on aggregated 13F filings for Q4 2015.