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
ASRS
101
Arizona State Retirement System
Arizona
$1.52M -$80.4K -2,411 -5%
T. Rowe Price Associates
102
T. Rowe Price Associates
Maryland
$1.48M -$367 -11 -0%
Canada Life
103
Canada Life
Manitoba, Canada
$1.43M -$83.1K -2,491 -5%
PCM
104
Poehling Capital Management
Wisconsin
$1.42M +$289K +8,670 +24%
PP
105
Paloma Partners
Connecticut
$1.4M +$89.1K +2,670 +7%
Comerica Bank
106
Comerica Bank
Texas
$1.35M -$386K -11,559 -21%
TPSF
107
Texas Permanent School Fund
Texas
$1.34M -$143K -4,296 -9%
Bank of America
108
Bank of America
North Carolina
$1.29M -$628K -18,815 -32%
State Board of Administration of Florida Retirement System
109
State Board of Administration of Florida Retirement System
Florida
$1.27M
MLICM
110
Metropolitan Life Insurance Company (MetLife)
New York
$1.26M -$61.6K -1,847 -5%
Aberdeen Group
111
Aberdeen Group
United Kingdom
$1.18M -$8.37K -251 -0.7%
Federated Hermes
112
Federated Hermes
Pennsylvania
$1.14M -$1.75M -52,523 -60%
GCP
113
GSA Capital Partners
United Kingdom
$1.14M +$1.18M +35,361 New
MSA
114
Mason Street Advisors
Wisconsin
$1.1M -$83.7K -2,508 -7%
SKK
115
Shepherd Kaplan Krochuk
Massachusetts
$1.09M +$23.4K +700 +2%
BNP Paribas Financial Markets
116
BNP Paribas Financial Markets
France
$1.08M +$574K +17,194 +104%
GC
117
Globeflex Capital
California
$1.06M -$10K -300 -0.9%
NMC
118
Nine Masts Capital
Hong Kong
$1.05M +$1.09M +32,782 New
Simplex Trading
119
Simplex Trading
Illinois
$1.04M +$876K +26,268 +421%
PC
120
Pomelo Capital
New York
$992K
AG
121
Aperio Group
California
$981K -$215K -6,430 -17%
ZIM
122
Zacks Investment Management
Illinois
$974K +$28.2K +844 +3%
CF
123
CNA Financial
Illinois
$970K +$159K +4,780 +19%
CHAM
124
Clear Harbor Asset Management
Connecticut
$951K +$282K +8,450 +34%
OPERF
125
Oregon Public Employees Retirement Fund
Oregon
$906K +$11.8K +353 +1%

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.