We are live on ! Find out more

241 hedge funds and large institutions have $3.45B invested in Avis in 2016 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 74 increasing their positions, 77 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more call options, than puts

Call options by funds: $109M | Put options by funds: $76.8M

37% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 43

7% more funds holding

Funds holding: 226241 (+15)

4% more capital invested

Capital invested by funds: $3.31B → $3.45B (+$143M)

0.94% less ownership

Funds ownership: 75.23%74.29% (-0.94%)

4% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 77

33% less funds holding in top 10

Funds holding in top 10: 96 (-3)

Holders
241
Holders Change
+15
Holders Change %
+6.64%
% of All Funds
6.43%
Holding in Top 10
6
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-33.33%
% of All Funds
0.16%
New
59
Increased
74
Reduced
77
Closed
43
Calls
$109M
Puts
$76.8M
Net Calls
+$32.2M
Net Calls Change
-$32.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$27.8M +$12.2M +336,112 +71%
Barclays
27
Barclays
United Kingdom
$27.6M -$2.83M -78,025 -9%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$21.5M +$509K +14,042 +2%
Victory Capital Management
29
Victory Capital Management
Texas
$20.7M +$21.9M +604,391 New
CWM
30
CIBC World Markets
New York
$17.8M
Loomis, Sayles & Company
31
Loomis, Sayles & Company
Massachusetts
$17.7M -$2.76M -76,291 -13%
Primecap Management
32
Primecap Management
California
$17.5M +$362K +10,000 +2%
Hotchkis & Wiley Capital Management
33
Hotchkis & Wiley Capital Management
California
$14.7M -$4.93M -136,000 -24%
BCM
34
BBT Capital Management
Texas
$13.9M
LSV Asset Management
35
LSV Asset Management
Illinois
$13.7M +$1.84M +50,900 +15%
LCM
36
Laurion Capital Management
New York
$13.3M -$6.64M -183,247 -32%
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$13.2M -$10.9K -300 -0.1%
SAM
38
Scopus Asset Management
New York
$12.8M +$13.6M +374,157 New
Principal Financial Group
39
Principal Financial Group
Iowa
$12.5M +$13.2M +365,180 New
TA
40
Teachers Advisors
New York
$12.5M -$461K -12,732 -3%
T. Rowe Price Associates
41
T. Rowe Price Associates
Maryland
$12.4M +$138K +3,800 +1%
MLIM
42
Mountain Lake Investment Management
Florida
$11.5M +$1.27M +35,000 +12%
Prudential Financial
43
Prudential Financial
New Jersey
$11.3M +$11.6M +320,974 +3,548%
Charles Schwab
44
Charles Schwab
California
$11.3M +$194K +5,358 +2%
First Manhattan
45
First Manhattan
New York
$10.5M -$67K -1,850 -0.6%
PPA
46
Parametric Portfolio Associates
Washington
$10.2M +$4.4M +121,598 +69%
Ameriprise
47
Ameriprise
Minnesota
$10.1M +$8.53M +235,523 +393%
JP Morgan Chase
48
JP Morgan Chase
New York
$9.37M +$8.58M +236,986 +642%
PAM
49
Pagoda Asset Management
New York
$9.37M +$4.85M +133,967 +96%
BIM
50
BlackRock Investment Management
Delaware
$9.04M +$8.38M +231,433 +708%

CAR Hedge Fund Activity: Q3 2016 in Review

241 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q3 2016, worth a combined $3.45B — up 4.3% from $3.31B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new CAR positions and 43 closed out — a net gain of 16 holders — while 74 added to existing stakes and 77 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $92.1M. The largest seller was Baupost Group, exiting entirely with an estimated $57.6M sold.

  • 241 institutional investors held Avis (CAR) as of Q3 2016, up from 226 in Q2 2016.
  • Funds reported $3.45B of Avis stock for Q3 2016, up 4.3% quarter-over-quarter.
  • 59 funds opened new Avis positions in Q3 2016 and 43 closed out, a net change of +16 holders.
  • The largest Avis buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $92.1M added.
  • The largest Avis seller in Q3 2016 was Baupost Group, an estimated $57.6M sold.

Based on aggregated 13F filings for Q3 2016.