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242 hedge funds and large institutions have $2.7B invested in Avis in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 72 increasing their positions, 96 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.77% more ownership

Funds ownership: 105.06%105.83% (+0.77%)

3% less capital invested

Capital invested by funds: $2.77B → $2.7B (-$78.6M)

7% less funds holding

Funds holding: 261242 (-19)

25% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 96

32% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 47

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

50% less call options, than puts

Call options by funds: $68.3M | Put options by funds: $138M

Holders
242
Holders Change
-19
Holders Change %
-7.28%
% of All Funds
5.53%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
32
Increased
72
Reduced
96
Closed
47
Calls
$68.3M
Puts
$138M
Net Calls
-$69.3M
Net Calls Change
+$26.1M
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
226
Wealthspire Advisors (Maryland)
Maryland
$3K +$500 +15 +19%
CFA
227
Carroll Financial Associates
North Carolina
$2K
GWM
228
Geneos Wealth Management
Colorado
$2K
SBL
229
Sargent Bickham Lagudis
Colorado
$2K
S
230
SignatureFD
Georgia
$2K
CAG
231
Csenge Advisory Group
Florida
$2K +$2.33K +70 New
SWM
232
SeaCrest Wealth Management
New York
$1K -$20K -600 -95%
AssetMark Inc
233
AssetMark Inc
California
$1K -$167 -5 -10%
AF
234
Allworth Financial
California
$1K
QI
235
QS Investors
New York
$1K
FGAM
236
Financial Gravity Asset Management
Texas
$1K +$133 +4 +20%
PFGIA
237
Patriot Financial Group Insurance Agency
Massachusetts
$1K +$334 +10 New
Arrowstreet Capital
238
Arrowstreet Capital
Massachusetts
-$14.1M -433,084 Closed
Wellington Management Group
239
Wellington Management Group
Massachusetts
-$10.9M -335,437 Closed
AL
240
AJO LP
Pennsylvania
-$8.65M -266,183 Closed
BGIM
241
Brandywine Global Investment Management
Pennsylvania
-$7.96M -244,968 Closed
Two Sigma Investments
242
Two Sigma Investments
New York
-$7.37M -220,772 Closed
Hudson Bay Capital Management
243
Hudson Bay Capital Management
Connecticut
-$3.25M -99,900 Closed
OAM
244
Oxford Asset Management
United Kingdom
-$2.77M -85,302 Closed
MLIM
245
Mountain Lake Investment Management
Florida
-$2.76M -85,000 Closed
Susquehanna International Group
246
Susquehanna International Group
Pennsylvania
-$2.82M -84,587 Closed
SPC
247
Slate Path Capital
New York
-$2.6M -80,000 Closed
Capstone Investment Advisors
248
Capstone Investment Advisors
New York
-$2.64M -79,197 Closed
Squarepoint
249
Squarepoint
New York
-$2.48M -76,164 Closed
CM
250
Caption Management
Oklahoma
-$1.67M -50,000 Closed

CAR Hedge Fund Activity: Q3 2018 in Review

242 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q3 2018, worth a combined $2.7B — down 2.8% from $2.77B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of CAR and 32 opened new positions — a net loss of 15 holders — while 96 trimmed existing stakes and 72 added.

The largest buyer was CIBC World Markets, opening a new position worth an estimated $75.1M. The largest seller was Jefferies Group, cutting an estimated $36.5M.

  • 242 institutional investors held Avis (CAR) as of Q3 2018, down from 261 in Q2 2018.
  • Funds reported $2.7B of Avis stock for Q3 2018, down 2.8% quarter-over-quarter.
  • 32 funds opened new Avis positions in Q3 2018 and 47 closed out, a net change of -15 holders.
  • The largest Avis buyer in Q3 2018 was CIBC World Markets, an estimated $75.1M added.
  • The largest Avis seller in Q3 2018 was Jefferies Group, an estimated $36.5M sold.

Based on aggregated 13F filings for Q3 2018.