Avis
275 hedge funds and large institutions have $7.68B invested in Avis in 2021 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 66 increasing their positions, 113 reducing their positions, and 42 closing their positions.
44% more capital invested
Capital invested by funds: $5.34B → $7.68B (+$2.34B)
36% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 42
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% more funds holding
Funds holding: 263 → 275 (+12)
0.37% more ownership
Funds ownership: 98.37% → 98.74% (+0.37%)
28% less call options, than puts
Call options by funds: $445M | Put options by funds: $620M
42% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 113
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$134M |
| 2 |
Goldman Sachs
New York
|
+$54.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$40.9M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
+$40.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$38.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$156M |
| 2 |
BlackRock
New York
|
-$120M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$76.1M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$66.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.7M |
CAR Hedge Fund Activity: Q3 2021 in Review
275 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q3 2021, worth a combined $7.68B — up 44% from $5.34B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new CAR positions and 42 closed out — a net gain of 15 holders — while 66 added to existing stakes and 113 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $134M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $156M.
- 275 institutional investors held Avis (CAR) as of Q3 2021, up from 263 in Q2 2021.
- Funds reported $7.68B of Avis stock for Q3 2021, up 44% quarter-over-quarter.
- 57 funds opened new Avis positions in Q3 2021 and 42 closed out, a net change of +15 holders.
- The largest Avis buyer in Q3 2021 was Nomura Holdings, an estimated $134M added.
- The largest Avis seller in Q3 2021 was Canada Pension Plan Investment Board, an estimated $156M sold.
Based on aggregated 13F filings for Q3 2021.