Avis
287 hedge funds and large institutions have $6.89B invested in Avis in 2022 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 79 increasing their positions, 116 reducing their positions, and 53 closing their positions.
2.47% more ownership
Funds ownership: 95.75% → 98.22% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 53
3% less funds holding
Funds holding: 295 → 287 (-8)
32% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 116
49% less capital invested
Capital invested by funds: $13.5B → $6.89B (-$6.65B)
54% less call options, than puts
Call options by funds: $139M | Put options by funds: $302M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$188M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$127M |
| 3 |
Millennium Management
New York
|
+$99.1M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$61.1M |
| 5 |
JG
Jefferies Group
New York
|
+$43.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$390M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$168M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$154M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$111M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$107M |
CAR Hedge Fund Activity: Q2 2022 in Review
287 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q2 2022, worth a combined $6.89B — down 49% from $13.5B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of CAR and 52 opened new positions — a net loss of 1 holder — while 116 trimmed existing stakes and 79 added.
The largest buyer was National Bank of Canada, adding an estimated $188M. The largest seller was BlackRock, cutting an estimated $390M.
- 287 institutional investors held Avis (CAR) as of Q2 2022, down from 295 in Q1 2022.
- Funds reported $6.89B of Avis stock for Q2 2022, down 49% quarter-over-quarter.
- 52 funds opened new Avis positions in Q2 2022 and 53 closed out, a net change of -1 holder.
- The largest Avis buyer in Q2 2022 was National Bank of Canada, an estimated $188M added.
- The largest Avis seller in Q2 2022 was BlackRock, an estimated $390M sold.
Based on aggregated 13F filings for Q2 2022.