Avis
267 hedge funds and large institutions have $3.66B invested in Avis in 2024 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 85 increasing their positions, 95 reducing their positions, and 46 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
15% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 46
2% more funds holding
Funds holding: 261 → 267 (+6)
0.21% less ownership
Funds ownership: 98.35% → 98.14% (-0.21%)
11% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 95
14% less capital invested
Capital invested by funds: $4.26B → $3.66B (-$597M)
22% less call options, than puts
Call options by funds: $184M | Put options by funds: $237M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$53.3M |
| 2 |
GCM
Glenview Capital Management
New York
|
+$39.1M |
| 3 |
JCM
JAT Capital Management
Greenwich,
Connecticut
|
+$27.4M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$25.5M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$87.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.7M |
| 3 |
SIM
SRS Investment Management
New York
|
-$33.6M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$26.8M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$21.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
301
Denali Advisors
San Diego,
California
| – | -$28.3K | -231 | Closed |
|
|
A
302
AlphaQuest
New York
| – | -$27.1K | -221 | Closed |
|
303
Bessemer Group
Woodbridge,
New Jersey
| – | -$11K | -90 | Closed |
|
|
NCTC
304
New Covenant Trust Company
Jeffersonville,
Indiana
| – | -$9.31K | -76 | Closed |
|
|
IGWM
305
ICA Group Wealth Management
Denver,
Colorado
| – | -$7.11K | -58 | Closed |
|
|
FCAS
306
First Command Advisory Services
Fort Worth,
Texas
| – | -$6.12K | -50 | Closed |
|
|
NMM
307
Naples Money Management
Naples,
Florida
| – | -$6.12K | -50 | Closed |
|
|
KFI
308
Key Financial Inc
West Chester,
Pennsylvania
| – | -$2.45K | -20 | Closed |
|
|
PWMG
309
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$980 | -8 | Closed |
|
|
CA
310
Crewe Advisors
Salt Lake City,
Utah
| – | -$858 | -7 | Closed |
|
|
FGAM
311
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$484 | -4 | Closed |
|
|
TWP
312
TFO Wealth Partners
Maumee,
Ohio
| – | -$245 | -2 | Closed |
|
|
AW
313
Avion Wealth
The Woodlands,
Texas
| – | +$1.01K | +9 | New |
|
CAR Hedge Fund Activity: Q2 2024 in Review
267 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q2 2024, worth a combined $3.66B — down 14% from $4.26B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CAR positions and 46 closed out — a net gain of 7 holders — while 85 added to existing stakes and 95 trimmed.
The largest buyer was Rubric Capital Management (New York), adding an estimated $53.3M. The largest seller was Nomura Holdings, cutting an estimated $87.4M.
- 267 institutional investors held Avis (CAR) as of Q2 2024, up from 261 in Q1 2024.
- Funds reported $3.66B of Avis stock for Q2 2024, down 14% quarter-over-quarter.
- 53 funds opened new Avis positions in Q2 2024 and 46 closed out, a net change of +7 holders.
- The largest Avis buyer in Q2 2024 was Rubric Capital Management (New York), an estimated $53.3M added.
- The largest Avis seller in Q2 2024 was Nomura Holdings, an estimated $87.4M sold.
Based on aggregated 13F filings for Q2 2024.