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230 hedge funds and large institutions have $4.31B invested in Avis in 2015 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 76 increasing their positions, 81 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more call options, than puts

Call options by funds: $171M | Put options by funds: $114M

12% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 43

4.11% more ownership

Funds ownership: 82.94%87.06% (+4.1%)

1% more funds holding

Funds holding: 228230 (+2)

6% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 81

13% less capital invested

Capital invested by funds: $4.96B → $4.31B (-$649M)

31% less funds holding in top 10

Funds holding in top 10: 1611 (-5)

Holders
230
Holders Change
+2
Holders Change %
+0.88%
% of All Funds
6.03%
Holding in Top 10
11
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-31.25%
% of All Funds
0.29%
New
48
Increased
76
Reduced
81
Closed
43
Calls
$171M
Puts
$114M
Net Calls
+$57.1M
Net Calls Change
-$37.1M
Name Holding Trade Value Shares
Change
Change in
Stake
LG
126
Leuthold Group
Minnesota
$917K +$1.06M +25,261 New
UBS Group
127
UBS Group
Switzerland
$916K -$80.2K -1,905 -7%
NSEDCP
128
NJ State Employees Deferred Compensation Plan
New Jersey
$907K
Ohio Public Employees Retirement System (OPERS)
129
Ohio Public Employees Retirement System (OPERS)
Ohio
$905K -$440K -10,450 -30%
VKH
130
Virtu KCG Holdings
New York
$875K +$1.02M +24,117 New
DCM
131
Dupont Capital Management
Delaware
$748K -$4.46M -105,800 -84%
Commonwealth Equity Services
132
Commonwealth Equity Services
Massachusetts
$740K +$859K +20,398 New
JP Morgan Chase
133
JP Morgan Chase
New York
$715K +$509K +12,087 +159%
Principal Financial Group
134
Principal Financial Group
Iowa
$705K +$397K +9,425 +94%
URS
135
Utah Retirement Systems
Utah
$650K -$37.9K -900 -5%
Jane Street
136
Jane Street
New York
$613K +$711K +16,879 New
BF
137
BOK Financial
Oklahoma
$611K +$709K +16,842 New
AC
138
Addison Capital
Pennsylvania
$610K +$708K +16,804 New
RFC
139
Russell Frank Company
Washington
$578K +$42.9K +1,019 +7%
Simplex Trading
140
Simplex Trading
Illinois
$576K +$503K +11,944 +303%
DI
141
Diligent Investors
California
$575K -$3.37K -80 -0.5%
AAM
142
Aberdeen Asset Management
United Kingdom
$563K -$82.4K -1,957 -15%
PP
143
Paloma Partners
Connecticut
$563K -$34.9K -828 -5%
BNP Paribas Asset Management
144
BNP Paribas Asset Management
France
$559K -$1.14M -26,974 -64%
BCCM
145
Blue Clay Capital Management
Minnesota
$552K -$480K -11,400 -43%
Prudential Financial
146
Prudential Financial
New Jersey
$551K +$345K +8,200 +117%
BP
147
BBR Partners
New York
$544K
GH
148
GAM Holding
Switzerland
$544K +$211K +5,000 +50%
JHIU
149
Janus Henderson Investors US
Colorado
$539K -$1.06M -25,187 -63%
ACI
150
AMP Capital Investors
Australia
$525K +$615K +14,600 New

CAR Hedge Fund Activity: Q4 2015 in Review

230 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q4 2015, worth a combined $4.31B — down 13% from $4.96B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new CAR positions and 43 closed out — a net gain of 5 holders — while 76 added to existing stakes and 81 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $107M. The largest seller was Ivory Investment Management, cutting an estimated $70M.

  • 230 institutional investors held Avis (CAR) as of Q4 2015, up from 228 in Q3 2015.
  • Funds reported $4.31B of Avis stock for Q4 2015, down 13% quarter-over-quarter.
  • 48 funds opened new Avis positions in Q4 2015 and 43 closed out, a net change of +5 holders.
  • The largest Avis buyer in Q4 2015 was Morgan Stanley, an estimated $107M added.
  • The largest Avis seller in Q4 2015 was Ivory Investment Management, an estimated $70M sold.

Based on aggregated 13F filings for Q4 2015.