We are live on ! Find out more

219 hedge funds and large institutions have $4.37B invested in Avis in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 50 increasing their positions, 95 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more funds holding in top 10

Funds holding in top 10: 611 (+5)

35% more capital invested

Capital invested by funds: $3.24B → $4.37B (+$1.13B)

2.06% less ownership

Funds ownership: 140.97%138.9% (-2.1%)

7% less funds holding

Funds holding: 235219 (-16)

30% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 47

47% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 95

68% less call options, than puts

Call options by funds: $80.7M | Put options by funds: $252M

Holders
219
Holders Change
-16
Holders Change %
-6.81%
% of All Funds
5.46%
Holding in Top 10
11
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+83.33%
% of All Funds
0.27%
New
33
Increased
50
Reduced
95
Closed
47
Calls
$80.7M
Puts
$252M
Net Calls
-$171M
Net Calls Change
-$47.7M

CAR Hedge Fund Activity: Q3 2017 in Review

219 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q3 2017, worth a combined $4.37B — up 35% from $3.24B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of CAR and 33 opened new positions — a net loss of 14 holders — while 95 trimmed existing stakes and 50 added.

The largest buyer was Fidelity Investments, adding an estimated $190M. The largest seller was Baupost Group, cutting an estimated $99.6M.

  • 219 institutional investors held Avis (CAR) as of Q3 2017, down from 235 in Q2 2017.
  • Funds reported $4.37B of Avis stock for Q3 2017, up 35% quarter-over-quarter.
  • 33 funds opened new Avis positions in Q3 2017 and 47 closed out, a net change of -14 holders.
  • The largest Avis buyer in Q3 2017 was Fidelity Investments, an estimated $190M added.
  • The largest Avis seller in Q3 2017 was Baupost Group, an estimated $99.6M sold.

Based on aggregated 13F filings for Q3 2017.