Avis
260 hedge funds and large institutions have $2.87B invested in Avis in 2024 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 91 increasing their positions, 84 reducing their positions, and 52 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 84
0.62% more ownership
Funds ownership: 100.56% → 101.18% (+0.62%)
4% less funds holding
Funds holding: 271 → 260 (-11)
7% less capital invested
Capital invested by funds: $3.1B → $2.87B (-$230M)
17% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 52
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
31% less call options, than puts
Call options by funds: $119M | Put options by funds: $172M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
+$29.1M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$22.4M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$21.9M |
| 4 |
JFG
Jefferies Financial Group
New York
|
+$21.5M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$58.9M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$43.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$26M |
| 4 |
JP Morgan Chase
New York
|
-$19.8M |
| 5 |
JCM
JAT Capital Management
Greenwich,
Connecticut
|
-$18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
301
Byrne Asset Management
Kingston,
New Jersey
| – | -$20.1K | -230 | Closed |
|
|
LFA
302
LGT Financial Advisors
Dallas,
Texas
| – | -$14.7K | -168 | Closed |
|
|
WSFS
303
Wilmington Savings Fund Society
Wilmington,
Delaware
| – | -$6.92K | -79 | Closed |
|
|
SPIA
304
Steward Partners Investment Advisory
New York
| – | -$6.13K | -70 | Closed |
|
|
SIC
305
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$5.17K | -59 | Closed |
|
306
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$5K | -52 | Closed |
|
307
Optiver Holding
Amsterdam,
Netherlands
| – | -$3.24K | -37 | Closed |
|
|
PWMG
308
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$2.19K | -25 | Closed |
|
|
W
309
WealthCollab
Bellevue,
Washington
| – | -$1.31K | -15 | Closed |
|
|
CA
310
Claris Advisors
St. Louis,
Missouri
| – | -$175 | -2 | Closed |
|
|
SIC
311
SJS Investment Consulting
Sylvania,
Ohio
| – | -$88 | -1 | Closed |
|
|
HWM
312
Hemington Wealth Management
Falls Church,
Virginia
| – | +$182 | +2 | +40% |
|
CAR Hedge Fund Activity: Q4 2024 in Review
260 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q4 2024, worth a combined $2.87B — down 7.4% from $3.1B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of CAR and 43 opened new positions — a net loss of 9 holders — while 84 trimmed existing stakes and 91 added.
The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $29.1M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $58.9M sold.
- 260 institutional investors held Avis (CAR) as of Q4 2024, down from 271 in Q3 2024.
- Funds reported $2.87B of Avis stock for Q4 2024, down 7.4% quarter-over-quarter.
- 43 funds opened new Avis positions in Q4 2024 and 52 closed out, a net change of -9 holders.
- The largest Avis buyer in Q4 2024 was Steadfast Capital Management, an estimated $29.1M added.
- The largest Avis seller in Q4 2024 was Rubric Capital Management (New York), an estimated $58.9M sold.
Based on aggregated 13F filings for Q4 2024.