We are live on ! Find out more

242 hedge funds and large institutions have $2.7B invested in Avis in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 72 increasing their positions, 96 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.77% more ownership

Funds ownership: 105.06%105.83% (+0.77%)

3% less capital invested

Capital invested by funds: $2.77B → $2.7B (-$78.6M)

7% less funds holding

Funds holding: 261242 (-19)

25% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 96

32% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 47

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

50% less call options, than puts

Call options by funds: $68.3M | Put options by funds: $138M

Holders
242
Holders Change
-19
Holders Change %
-7.28%
% of All Funds
5.53%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
32
Increased
72
Reduced
96
Closed
47
Calls
$68.3M
Puts
$138M
Net Calls
-$69.3M
Net Calls Change
+$26.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Hotchkis & Wiley Capital Management
26
Hotchkis & Wiley Capital Management
California
$21.9M +$6.69M +200,600 +42%
Prudential Financial
27
Prudential Financial
New Jersey
$20.1M +$4.1M +122,870 +24%
Neuberger Berman Group
28
Neuberger Berman Group
New York
$19.5M -$615K -18,435 -3%
Norges Bank
29
Norges Bank
Norway
$18.7M
PPA
30
Parametric Portfolio Associates
Washington
$17.3M +$195K +5,854 +1%
CCM
31
Cobalt Capital Management
New Jersey
$17.2M +$759K +22,754 +4%
WAM
32
Wolverine Asset Management
Illinois
$16.9M -$7.79M -233,360 -31%
Charles Schwab
33
Charles Schwab
California
$16M -$4.08M -122,294 -20%
Primecap Management
34
Primecap Management
California
$15.4M
Capital World Investors
35
Capital World Investors
California
$14.8M
Morgan Stanley
36
Morgan Stanley
New York
$14.8M +$2.29M +68,696 +18%
Schroder Investment Management Group
37
Schroder Investment Management Group
United Kingdom
$14.5M +$5.91M +177,261 +65%
Principal Financial Group
38
Principal Financial Group
Iowa
$10.9M -$496K -14,858 -4%
Canada Pension Plan Investment Board
39
Canada Pension Plan Investment Board
Ontario, Canada
$10.6M +$3.93M +117,836 +56%
First Manhattan
40
First Manhattan
New York
$9.75M +$1.09M +32,794 +12%
TA
41
Teachers Advisors
New York
$8.62M -$238K -7,142 -3%
SG Americas Securities
42
SG Americas Securities
New York
$7.98M +$2.04M +61,151 +33%
KBC Group
43
KBC Group
Belgium
$7.93M +$8.23M +246,827 New
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$7.75M -$250K -7,505 -3%
Invesco
45
Invesco
Georgia
$7.46M -$13.2M -396,595 -63%
TCIM
46
TIAA CREF Investment Management
New York
$7.34M -$490K -14,677 -6%
MCM
47
Matarin Capital Management
New York
$7.19M +$928K +27,814 +14%
PCM
48
PAR Capital Management
Massachusetts
$6.56M +$1.33M +40,000 +24%
KHCM
49
Kettle Hill Capital Management
New York
$6.36M +$6.6M +197,976 New
HP
50
Hosking Partners
United Kingdom
$6.36M -$184K -5,525 -3%

CAR Hedge Fund Activity: Q3 2018 in Review

242 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q3 2018, worth a combined $2.7B — down 2.8% from $2.77B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of CAR and 32 opened new positions — a net loss of 15 holders — while 96 trimmed existing stakes and 72 added.

The largest buyer was CIBC World Markets, opening a new position worth an estimated $75.1M. The largest seller was Jefferies Group, cutting an estimated $36.5M.

  • 242 institutional investors held Avis (CAR) as of Q3 2018, down from 261 in Q2 2018.
  • Funds reported $2.7B of Avis stock for Q3 2018, down 2.8% quarter-over-quarter.
  • 32 funds opened new Avis positions in Q3 2018 and 47 closed out, a net change of -15 holders.
  • The largest Avis buyer in Q3 2018 was CIBC World Markets, an estimated $75.1M added.
  • The largest Avis seller in Q3 2018 was Jefferies Group, an estimated $36.5M sold.

Based on aggregated 13F filings for Q3 2018.