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249 hedge funds and large institutions have $3.16B invested in Avis in 2017 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 89 increasing their positions, 78 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 78

13.1% more ownership

Funds ownership: 112.08%125.18% (+13%)

7% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 45

3% less funds holding

Funds holding: 258249 (-9)

12% less capital invested

Capital invested by funds: $3.61B → $3.16B (-$450M)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

68% less call options, than puts

Call options by funds: $33.2M | Put options by funds: $104M

Holders
249
Holders Change
-9
Holders Change %
-3.49%
% of All Funds
6.2%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.12%
New
42
Increased
89
Reduced
78
Closed
45
Calls
$33.2M
Puts
$104M
Net Calls
-$71M
Net Calls Change
-$71M
Name Holding Trade Value Shares
Change
Change in
Stake
TG
151
TCW Group
California
$529K
Public Employees Retirement Association of Colorado
152
Public Employees Retirement Association of Colorado
Colorado
$513K -$1.11K -32 -0.2%
AQR Capital Management
153
AQR Capital Management
Connecticut
$489K +$573K +16,520 New
Thrivent Financial for Lutherans
154
Thrivent Financial for Lutherans
Minnesota
$480K +$34.7K +1,000 +7%
PTC
155
Petrus Trust Company
Texas
$460K +$540K +15,547 New
State of Wisconsin Investment Board
156
State of Wisconsin Investment Board
Wisconsin
$456K -$938K -27,024 -64%
GF
157
Gabelli Funds
New York
$444K -$86.8K -2,500 -14%
BP
158
BBR Partners
New York
$444K
NMIMC
159
Northwestern Mutual Investment Management Company
Wisconsin
$438K -$11.4K -328 -2%
Jane Street
160
Jane Street
New York
$420K -$101K -2,905 -17%
URS
161
Utah Retirement Systems
Utah
$420K +$3.47K +100 +0.7%
LA
162
Lucus Advisors
New York
$412K +$484K +13,935 New
New York State Teachers Retirement System (NYSTRS)
163
New York State Teachers Retirement System (NYSTRS)
New York
$411K -$191K -5,500 -28%
DVM
164
Dreman Value Management
Florida
$390K
DI
165
Diligent Investors
California
$388K -$3.47K -100 -0.8%
CG
166
Cutler Group
California
$387K +$73.7K +2,124 +19%
Capstone Investment Advisors
167
Capstone Investment Advisors
New York
$378K +$444K +12,800 New
AB
168
Amalgamated Bank
New York
$374K -$86.7K -2,498 -16%
COPPSERS
169
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$372K -$15.7K -451 -3%
HT
170
HAP Trading
New York
$372K +$437K +12,579 New
PA
171
Profund Advisors
Maryland
$366K -$14.2K -409 -3%
JG
172
Jefferies Group
New York
$360K +$362K +10,441 +608%
DTL
173
Dynamic Technology Lab
Singapore
$359K +$422K +12,148 New
NJBEST
174
New Jersey Better Educational Savings Trust
New Jersey
$355K +$416K +12,000 New
Janney Montgomery Scott
175
Janney Montgomery Scott
Pennsylvania
$351K +$82.1K +2,366 +25%

CAR Hedge Fund Activity: Q1 2017 in Review

249 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q1 2017, worth a combined $3.16B — down 12% from $3.61B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of CAR and 42 opened new positions — a net loss of 3 holders — while 78 trimmed existing stakes and 89 added.

The largest buyer was BlackRock, adding an estimated $260M. The largest seller was UBS Group, cutting an estimated $76.2M.

  • 249 institutional investors held Avis (CAR) as of Q1 2017, down from 258 in Q4 2016.
  • Funds reported $3.16B of Avis stock for Q1 2017, down 12% quarter-over-quarter.
  • 42 funds opened new Avis positions in Q1 2017 and 45 closed out, a net change of -3 holders.
  • The largest Avis buyer in Q1 2017 was BlackRock, an estimated $260M added.
  • The largest Avis seller in Q1 2017 was UBS Group, an estimated $76.2M sold.

Based on aggregated 13F filings for Q1 2017.