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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
IIA
251
IPG Investment Advisors
California
-$7.87M -244,135 Closed
MCG
252
Meru Capital Group
New York
-$4.54M -140,798 Closed
EAM
253
EastBay Asset Management
New York
-$3.16M -97,912 Closed
QC
254
Quadrature Capital
United Kingdom
-$2.81M -87,024 Closed
Two Sigma Investments
255
Two Sigma Investments
New York
-$2.9M -79,963 Closed
Two Sigma Advisers
256
Two Sigma Advisers
New York
-$1.97M -61,200 Closed
SC
257
Samlyn Capital
New York
-$1.81M -56,200 Closed
Jane Street
258
Jane Street
New York
-$1.67M -46,006 Closed
AI
259
Advent International
Massachusetts
-$1.42M -44,200 Closed
SIP
260
Stoneridge Investment Partners
Pennsylvania
-$1.37M -42,382 Closed
PHK
261
Point72 Hong Kong
Hong Kong
-$1.27M -39,370 Closed
Voloridge Investment Management
262
Voloridge Investment Management
Florida
-$1.2M -37,189 Closed
AIM
263
Artemis Investment Management
United Kingdom
-$1.02M -31,650 Closed
Schroder Investment Management Group
264
Schroder Investment Management Group
United Kingdom
-$901K -27,940 Closed
SSG
265
Summit Securities Group
New York
-$685K -21,255 Closed
Stifel Financial
266
Stifel Financial
Missouri
-$594K -18,427 Closed
Capital Fund Management (CFM)
267
Capital Fund Management (CFM)
France
-$621K -17,143 Closed
BCM
268
BlueCrest Capital Management
Jersey
-$530K -16,436 Closed
BCM
269
Bayesian Capital Management
New York
-$503K -15,603 Closed
Simplex Trading
270
Simplex Trading
Illinois
-$492K -13,594 Closed
Connor, Clark & Lunn Investment Management (CC&L)
271
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$415K -12,875 Closed
SFM
272
Soros Fund Management
New York
-$348K -10,800 Closed
VAM
273
Visium Asset Management
New York
-$346K -10,749 Closed
AQR Capital Management
274
AQR Capital Management
Connecticut
-$339K -10,517 Closed
FHAM
275
Folger Hill Asset Management
New York
-$315K -8,701 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.