Avis
243 hedge funds and large institutions have $4.88B invested in Avis in 2021 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 53 increasing their positions, 94 reducing their positions, and 47 closing their positions.
88% more capital invested
Capital invested by funds: $2.6B → $4.88B (+$2.28B)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 47
2% more funds holding
Funds holding: 238 → 243 (+5)
3.67% less ownership
Funds ownership: 100.23% → 96.56% (-3.7%)
18% less call options, than puts
Call options by funds: $162M | Put options by funds: $197M
44% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$292M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$99.7M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$77.3M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$42.2M |
| 5 |
Morgan Stanley
New York
|
+$33.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$140M |
| 2 |
JG
Jefferies Group
New York
|
-$140M |
| 3 |
Pzena Investment Management
New York
|
-$73.5M |
| 4 |
GCM
Glenview Capital Management
New York
|
-$63.2M |
| 5 |
MCM
Melvin Capital Management
New York
|
-$59.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWPS
276
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$66K | -1,773 | Closed |
|
|
CWA
277
Carolina Wealth Advisors
Myrtle Beach,
South Carolina
| – | -$48K | -1,282 | Closed |
|
278
Acadian Asset Management
Boston,
Massachusetts
| – | -$43K | -1,160 | Closed |
|
|
QT
279
Quantbot Technologies
New York
| – | -$36K | -978 | Closed |
|
|
LWCFA
280
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$17K | -450 | Closed |
|
|
PVH
281
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$14K | -368 | Closed |
|
|
VCG
282
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$9K | -253 | Closed |
|
|
FTDI
283
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$6K | -148 | Closed |
|
|
APA
284
American Portfolios Advisors
Holbrook,
New York
| – | -$3.73K | -100 | Closed |
|
|
RWA
285
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$1K | -26 | Closed |
|
|
MCM
286
MV Capital Management
Bethesda,
Maryland
| – | -$1K | -20 | Closed |
|
CAR Hedge Fund Activity: Q1 2021 in Review
243 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q1 2021, worth a combined $4.88B — up 88% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new CAR positions and 47 closed out — a net gain of 7 holders — while 53 added to existing stakes and 94 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $292M. The largest seller was Nomura Holdings, cutting an estimated $140M.
- 243 institutional investors held Avis (CAR) as of Q1 2021, up from 238 in Q4 2020.
- Funds reported $4.88B of Avis stock for Q1 2021, up 88% quarter-over-quarter.
- 54 funds opened new Avis positions in Q1 2021 and 47 closed out, a net change of +7 holders.
- The largest Avis buyer in Q1 2021 was Fidelity Investments, an estimated $292M added.
- The largest Avis seller in Q1 2021 was Nomura Holdings, an estimated $140M sold.
Based on aggregated 13F filings for Q1 2021.