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241 hedge funds and large institutions have $3.45B invested in Avis in 2016 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 74 increasing their positions, 77 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more call options, than puts

Call options by funds: $109M | Put options by funds: $76.8M

37% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 43

7% more funds holding

Funds holding: 226241 (+15)

4% more capital invested

Capital invested by funds: $3.31B → $3.45B (+$143M)

0.94% less ownership

Funds ownership: 75.23%74.29% (-0.94%)

4% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 77

33% less funds holding in top 10

Funds holding in top 10: 96 (-3)

Holders
241
Holders Change
+15
Holders Change %
+6.64%
% of All Funds
6.43%
Holding in Top 10
6
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-33.33%
% of All Funds
0.16%
New
59
Increased
74
Reduced
77
Closed
43
Calls
$109M
Puts
$76.8M
Net Calls
+$32.2M
Net Calls Change
-$32.3M
Name Holding Trade Value Shares
Change
Change in
Stake
IWMPD
226
Integrated Wealth Management (Palm Desert)
California
$4K
QCG
227
Quadrant Capital Group
Ohio
$4K +$1.12K +31 +32%
AAM
228
Advisors Asset Management
Colorado
$3K -$66.3K -1,830 -95%
GT
229
Glenmede Trust
Pennsylvania
$3K -$1.52K -42 -29%
GWM
230
Geneos Wealth Management
Colorado
$3K -$398 -11 -9%
HNB
231
Huntington National Bank
Ohio
$3K
LWM
232
LBA Wealth Management
Florida
$3K
PG
233
Patten Group
Tennessee
$2.26K
CFA
234
Carroll Financial Associates
North Carolina
$2K
VOYA Investment Management
235
VOYA Investment Management
Georgia
$1.28K +$38.5K +1,062 +3%
AF
236
Allworth Financial
California
$1K
CTC
237
Central Trust Company
Missouri
$1K
KF
238
Krilogy Financial
Missouri
$1K
QI
239
QS Investors
New York
$1K
VNA
240
Valley National Advisers
Pennsylvania
$1K
WAM
241
Wealthspire Advisors (Maryland)
Maryland
$1K +$109 +3 +14%
BG
242
Baupost Group
Massachusetts
-$57.6M -1,787,227 Closed
TCG
243
Tremblant Capital Group
Florida
-$51.4M -1,593,596 Closed
AIM
244
abrdn Investment Management
United Kingdom
-$28.4M -882,017 Closed
Wellington Management Group
245
Wellington Management Group
Massachusetts
-$23.9M -741,708 Closed
Balyasny Asset Management
246
Balyasny Asset Management
Illinois
-$23.1M -637,353 Closed
AC
247
Ascend Capital
California
-$17.4M -539,112 Closed
N
248
Natixis
France
-$15.8M -490,000 Closed
PFMOSF
249
Philadelphia Financial Management of San Francisco
California
-$15.8M -489,161 Closed
DAM
250
Deltec Asset Management
New York
-$8.06M -249,980 Closed

CAR Hedge Fund Activity: Q3 2016 in Review

241 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q3 2016, worth a combined $3.45B — up 4.3% from $3.31B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new CAR positions and 43 closed out — a net gain of 16 holders — while 74 added to existing stakes and 77 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $92.1M. The largest seller was Baupost Group, exiting entirely with an estimated $57.6M sold.

  • 241 institutional investors held Avis (CAR) as of Q3 2016, up from 226 in Q2 2016.
  • Funds reported $3.45B of Avis stock for Q3 2016, up 4.3% quarter-over-quarter.
  • 59 funds opened new Avis positions in Q3 2016 and 43 closed out, a net change of +16 holders.
  • The largest Avis buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $92.1M added.
  • The largest Avis seller in Q3 2016 was Baupost Group, an estimated $57.6M sold.

Based on aggregated 13F filings for Q3 2016.