Avis
209 hedge funds and large institutions have $1.08B invested in Avis in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 58 increasing their positions, 67 reducing their positions, and 55 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.76% less ownership
Funds ownership: 105.09% → 104.33% (-0.76%)
6% less funds holding
Funds holding: 223 → 209 (-14)
13% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 67
22% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 55
53% less call options, than puts
Call options by funds: $38.6M | Put options by funds: $81.8M
57% less capital invested
Capital invested by funds: $2.5B → $1.08B (-$1.42B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$79.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$61.6M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$22.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$19.1M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$115M |
| 2 |
Renaissance Technologies
New York
|
-$46.8M |
| 3 |
Pzena Investment Management
New York
|
-$18M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$13.2M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$12.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
251
Valeo Financial Advisors
Carmel,
Indiana
| – | -$1K | -18 | Closed |
|
252
AssetMark Inc
Concord,
California
| – | -$389 | -13 | -38% |
|
|
AA
253
Advisory Alpha
Holland,
Michigan
| – | -$357 | -10 | Closed |
|
|
AF
254
Allworth Financial
Folsom,
California
| – | +$150 | +5 | +25% |
|
|
KFI
255
Key Financial Inc
West Chester,
Pennsylvania
| – | +$299 | +10 | New |
|
|
OPS
256
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$449 | +15 | New |
|
|
BCA
257
Berman Capital Advisors
Atlanta,
Georgia
| – | +$1.2K | +40 | New |
|
CAR Hedge Fund Activity: Q1 2020 in Review
209 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q1 2020, worth a combined $1.08B — down 57% from $2.5B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of CAR and 43 opened new positions — a net loss of 12 holders — while 67 trimmed existing stakes and 58 added.
The largest buyer was Goldman Sachs, adding an estimated $79.3M. The largest seller was Glenview Capital Management, cutting an estimated $115M.
- 209 institutional investors held Avis (CAR) as of Q1 2020, down from 223 in Q4 2019.
- Funds reported $1.08B of Avis stock for Q1 2020, down 57% quarter-over-quarter.
- 43 funds opened new Avis positions in Q1 2020 and 55 closed out, a net change of -12 holders.
- The largest Avis buyer in Q1 2020 was Goldman Sachs, an estimated $79.3M added.
- The largest Avis seller in Q1 2020 was Glenview Capital Management, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2020.