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Avis
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263 hedge funds and large institutions have $5.34B invested in Avis in 2021 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 69 increasing their positions, 100 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 36

9% more capital invested

Capital invested by funds: $4.88B → $5.34B (+$458M)

8% more funds holding

Funds holding: 243 → 263 (+20)

1.81% more ownership

Funds ownership: 96.56% → 98.37% (+1.8%)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

25% less call options, than puts

Call options by funds: $196M | Put options by funds: $263M

31% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 100

Holders
263
Holders Change
+20
Holders Change %
+8.23%
% of All Funds
4.58%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
58
Increased
69
Reduced
100
Closed
36
Calls
$196M
Puts
$263M
Net Calls
-$66.8M
Net Calls Change
-$32.2M

Top Buyers

1
Fidelity Investments
Fidelity Investments
Massachusetts
+$311M
2
Nomura Holdings
Nomura Holdings
Japan
+$51.7M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$32.6M
4
Bank of America
Bank of America
North Carolina
+$24.6M
5
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
+$18.6M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$71.4M
2
NCM
Nantahala Capital Management
Connecticut
-$43.1M
3
GCM
Glenview Capital Management
New York
-$36.4M
4
CGM
Capital Growth Management
Massachusetts
-$31.9M
5
State Street
State Street
Massachusetts
-$28.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
Man Group
51
Man Group
United Kingdom
$7.01M -$396K -4,777 -5%
First Trust Advisors
52
First Trust Advisors
Illinois
$6.88M -$2.58M -31,151 -26%
Ameriprise
53
Ameriprise
Minnesota
$6.69M -$338K -4,083 -5%
Manulife (Manufacturers Life Insurance)
54
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$6.59M -$189K -2,284 -3%
NNPTE
55
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne
Poland
$6.35M +$176K +2,125 +3%
CS
56
Credit Suisse
Switzerland
$5.8M +$1.32M +15,980 +27%
California State Teachers Retirement System (CalSTRS)
57
California State Teachers Retirement System (CalSTRS)
California
$5.59M -$796K -9,605 -12%
Retirement Systems of Alabama
58
Retirement Systems of Alabama
Alabama
$5.25M -$9.2K -111 -0.2%
JG
59
Jefferies Group
New York
$5.11M +$947K +11,419 +21%
CCPM
60
Cooper Creek Partners Management
New York
$5.02M -$503K -6,062 -9%
Millennium Management
61
Millennium Management
New York
$4.99M +$3.19M +38,539 +151%
CM
62
Castleark Management
Illinois
$4.94M +$5.26M +63,445 New
SC
63
Shellback Capital
Massachusetts
$4.94M +$5.26M +63,449 New
Jane Street
64
Jane Street
New York
$4.61M +$2.88M +34,770 +142%
New York State Teachers Retirement System (NYSTRS)
65
New York State Teachers Retirement System (NYSTRS)
New York
$4.3M -$348K -4,200 -7%
D.E. Shaw & Co
66
D.E. Shaw & Co
New York
$4.21M -$758K -9,148 -14%
Deutsche Bank
67
Deutsche Bank
Germany
$3.96M -$6.22M -75,033 -60%
Voloridge Investment Management
68
Voloridge Investment Management
Florida
$3.96M +$2.95M +35,534 +233%
State of Tennessee, Department of Treasury
69
State of Tennessee, Department of Treasury
Tennessee
$3.9M – – –
VCM
70
Voleon Capital Management
California
$3.9M +$4.14M +50,000 New
Tudor Investment Corp
71
Tudor Investment Corp
Connecticut
$3.86M +$4.11M +49,542 New
MOACM
72
Mutual of America Capital Management
New York
$3.67M +$28.4K +343 +0.7%
Mitsubishi UFJ Trust & Banking
73
Mitsubishi UFJ Trust & Banking
Japan
$3.62M -$946K -11,408 -20%
Ensign Peak Advisors
74
Ensign Peak Advisors
Utah
$3.57M – – –
New York State Common Retirement Fund
75
New York State Common Retirement Fund
New York
$3.48M -$197K -2,381 -5%
1 2
3
4 5

CAR Hedge Fund Activity: Q2 2021 in Review

263 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q2 2021, worth a combined $5.34B — up 9.4% from $4.88B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new CAR positions and 36 closed out — a net gain of 22 holders — while 69 added to existing stakes and 100 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $311M. The largest seller was Morgan Stanley, cutting an estimated $71.4M.

  • 263 institutional investors held Avis (CAR) as of Q2 2021, up from 243 in Q1 2021.
  • Funds reported $5.34B of Avis stock for Q2 2021, up 9.4% quarter-over-quarter.
  • 58 funds opened new Avis positions in Q2 2021 and 36 closed out, a net change of +22 holders.
  • The largest Avis buyer in Q2 2021 was Fidelity Investments, an estimated $311M added.
  • The largest Avis seller in Q2 2021 was Morgan Stanley, an estimated $71.4M sold.

Based on aggregated 13F filings for Q2 2021.