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301 hedge funds and large institutions have $8.7B invested in Avis in 2023 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 76 increasing their positions, 127 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $7.62B → $8.7B (+$1.07B)

12% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 49

2% more funds holding

Funds holding: 296301 (+5)

3.76% less ownership

Funds ownership: 99.46%95.7% (-3.8%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

29% less call options, than puts

Call options by funds: $288M | Put options by funds: $404M

40% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 127

Holders
301
Holders Change
+5
Holders Change %
+1.69%
% of All Funds
4.73%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.09%
New
55
Increased
76
Reduced
127
Closed
49
Calls
$288M
Puts
$404M
Net Calls
-$116M
Net Calls Change
+$454M
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
276
Westside Investment Management
California
$6.86K
MPWT
277
MassMutual Private Wealth & Trust
Connecticut
$6.63K -$1.65K -9 -24%
BC
278
Bartlett & Co
Ohio
$6K
BCWM
279
Bartlett & Co Wealth Management
Ohio
$5.72K
KFI
280
Key Financial Inc
Pennsylvania
$4.57K +$3.67K +20 New
LC
281
Lindbrook Capital
California
$4.12K
RCM
282
Raleigh Capital Management
North Carolina
$3.35K +$733 +4 +36%
UB
283
UMB Bank
Missouri
$3.2K
SIC
284
SJS Investment Consulting
Ohio
$2.97K +$183 +1 +8%
AF
285
Advisornet Financial
Minnesota
$2.97K -$183 -1 -7%
AWM
286
Avior Wealth Management
Nebraska
$2.74K
FMII
287
Farmers & Merchants Investments Inc
Nebraska
$2.29K -$550 -3 -23%
DI
288
Disciplined Investments
Oklahoma
$2.06K -$366 -2 -18%
DA
289
Denali Advisors
California
$1.83K
HI
290
Harbour Investments
Wisconsin
$1.83K
PWMG
291
Prestige Wealth Management Group
New Jersey
$1.37K +$1.1K +6 New
KFS
292
Kelly Financial Services
Massachusetts
$1.14K
CAL
293
Capital Advisors Ltd
Ohio
$1K
GWS
294
Glassman Wealth Services
Virginia
$915
CSC
295
Caldwell Sutter Capital
California
$686 +$550 +3 New
FGAM
296
Financial Gravity Asset Management
Texas
$561 +$42K +229 New
RFG
297
RFP Financial Group
Georgia
$457
TWP
298
TFO Wealth Partners
Ohio
$457
FFA
299
Farther Finance Advisors
California
$229 -$1.28K -7 -88%
TWD
300
True Wealth Design
Ohio
$229

CAR Hedge Fund Activity: Q2 2023 in Review

301 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q2 2023, worth a combined $8.7B — up 14% from $7.62B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new CAR positions and 49 closed out — a net gain of 6 holders — while 76 added to existing stakes and 127 trimmed.

The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $40.5M. The largest seller was Renaissance Technologies, cutting an estimated $50.3M.

  • 301 institutional investors held Avis (CAR) as of Q2 2023, up from 296 in Q1 2023.
  • Funds reported $8.7B of Avis stock for Q2 2023, up 14% quarter-over-quarter.
  • 55 funds opened new Avis positions in Q2 2023 and 49 closed out, a net change of +6 holders.
  • The largest Avis buyer in Q2 2023 was Massachusetts Financial Services, an estimated $40.5M added.
  • The largest Avis seller in Q2 2023 was Renaissance Technologies, an estimated $50.3M sold.

Based on aggregated 13F filings for Q2 2023.