We are live on ! Find out more

256 hedge funds and large institutions have $6.6B invested in Avis in 2015 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 89 increasing their positions, 78 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more call options, than puts

Call options by funds: $427M | Put options by funds: $197M

14% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 78

1.7% less ownership

Funds ownership: 83.59%81.89% (-1.7%)

3% less funds holding

Funds holding: 263256 (-7)

13% less capital invested

Capital invested by funds: $7.57B → $6.6B (-$969M)

14% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 51

16% less funds holding in top 10

Funds holding in top 10: 1916 (-3)

Holders
256
Holders Change
-7
Holders Change %
-2.66%
% of All Funds
6.82%
Holding in Top 10
16
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-15.79%
% of All Funds
0.43%
New
44
Increased
89
Reduced
78
Closed
51
Calls
$427M
Puts
$197M
Net Calls
+$230M
Net Calls Change
-$69.4M
Name Holding Trade Value Shares
Change
Change in
Stake
TCIM
26
TIAA CREF Investment Management
New York
$70.5M +$16.8M +274,821 +30%
Deutsche Bank
27
Deutsche Bank
Germany
$70.5M +$21.7M +356,207 +42%
AIM
28
abrdn Investment Management
United Kingdom
$61.4M +$63.4M +1,039,670 New
MGM
29
Miura Global Management
New York
$59M -$6.1M -100,000 -9%
SAM
30
Scopus Asset Management
New York
$59M +$1.81M +29,597 +3%
Diamond Hill Capital Management
31
Diamond Hill Capital Management
Ohio
$55.2M +$753K +12,341 +1%
Norges Bank
32
Norges Bank
Norway
$50.1M +$726K +11,895 +1%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$44.7M -$3.55M -58,186 -7%
ACM
34
Apex Capital Management
Ohio
$42.7M +$44.2M +723,936 New
Neuberger Berman Group
35
Neuberger Berman Group
New York
$36.7M -$13.8M -226,202 -27%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$36.4M +$7.78M +127,468 +26%
Barclays
37
Barclays
United Kingdom
$35.1M -$11.2M -183,216 -24%
Geode Capital Management
38
Geode Capital Management
Massachusetts
$34.8M +$1.71M +28,075 +5%
Loomis, Sayles & Company
39
Loomis, Sayles & Company
Massachusetts
$31.5M -$907K -14,863 -3%
NM
40
Nokota Management
New York
$29.5M +$30.5M +500,000 New
BCMNY
41
Buckingham Capital Management (New York)
New York
$29.3M -$467K -7,655 -2%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$29.3M
First Trust Advisors
43
First Trust Advisors
Illinois
$28.2M +$8.62M +141,264 +42%
Northern Trust
44
Northern Trust
Illinois
$27.7M +$1.72M +28,158 +6%
HI
45
HBK Investments
Texas
$24.3M +$13.7M +224,587 +120%
CC
46
Coastland Capital
California
$23.6M +$8.54M +140,000 +54%
Bank of America
47
Bank of America
North Carolina
$21.7M +$13.5M +221,571 +152%
TA
48
Teachers Advisors
New York
$20.6M +$49.5K +811 +0.2%
TVM
49
Tiger Veda Management
New York
$20.3M -$762K -12,480 -3%
Canada Pension Plan Investment Board
50
Canada Pension Plan Investment Board
Ontario, Canada
$19.4M +$879K +14,400 +5%

CAR Hedge Fund Activity: Q1 2015 in Review

256 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q1 2015, worth a combined $6.6B — down 13% from $7.57B a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of CAR and 44 opened new positions — a net loss of 7 holders — while 78 trimmed existing stakes and 89 added.

The largest buyer was Capital World Investors, opening a new position worth an estimated $122M. The largest seller was SAB Capital Management, exiting entirely with an estimated $148M sold.

  • 256 institutional investors held Avis (CAR) as of Q1 2015, down from 263 in Q4 2014.
  • Funds reported $6.6B of Avis stock for Q1 2015, down 13% quarter-over-quarter.
  • 44 funds opened new Avis positions in Q1 2015 and 51 closed out, a net change of -7 holders.
  • The largest Avis buyer in Q1 2015 was Capital World Investors, an estimated $122M added.
  • The largest Avis seller in Q1 2015 was SAB Capital Management, an estimated $148M sold.

Based on aggregated 13F filings for Q1 2015.