We are live on ! Find out more
CAR icon

Avis
CAR

235 hedge funds and large institutions have $3.24B invested in Avis in 2017 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 87 increasing their positions, 78 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 5 → 6 (+1)

15.78% more ownership

Funds ownership: 125.18% → 140.97% (+16%)

12% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 78

2% more capital invested

Capital invested by funds: $3.16B → $3.24B (+$75.1M)

6% less funds holding

Funds holding: 249 → 235 (-14)

25% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 53

70% less call options, than puts

Call options by funds: $52.7M | Put options by funds: $176M

Holders
235
Holders Change
-14
Holders Change %
-5.62%
% of All Funds
5.86%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.15%
New
40
Increased
87
Reduced
78
Closed
53
Calls
$52.7M
Puts
$176M
Net Calls
-$123M
Net Calls Change
-$52.1M

Top Buyers

1
BG
Baupost Group
Massachusetts
+$103M
2
SPC
Slate Path Capital
New York
+$79.9M
3
IIM
Ivory Investment Management
New York
+$55M
4
PCM
PAR Capital Management
Massachusetts
+$49.4M
5
Fidelity Investments
Fidelity Investments
Massachusetts
+$40.8M

Top Sellers

1
AL
AJO LP
Pennsylvania
-$74M
2
Nomura Holdings
Nomura Holdings
Japan
-$53.4M
3
Morgan Stanley
Morgan Stanley
New York
-$52.1M
4
UBS Group
UBS Group
Switzerland
-$40.8M
5
Vanguard Group
Vanguard Group
Pennsylvania
-$20.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Thrivent Financial for Lutherans
151
Thrivent Financial for Lutherans
Minnesota
$459K +$14.9K +580 +4%
TRSOTSOK
152
Teachers Retirement System of the State of Kentucky
Kentucky
$442K -$121K -4,700 -22%
First Trust Advisors
153
First Trust Advisors
Illinois
$430K -$2.24M -86,929 -85%
BP
154
BBR Partners
New York
$409K – – –
Public Employees Retirement Association of Colorado
155
Public Employees Retirement Association of Colorado
Colorado
$406K -$63.5K -2,463 -14%
NMIMC
156
Northwestern Mutual Investment Management Company
Wisconsin
$395K -$8.22K -319 -2%
QC
157
QCM Cayman
Texas
$391K +$370K +14,353 New
EPM
158
Equitec Proprietary Markets
Illinois
$382K +$361K +14,000 New
HHC
159
Hutchin Hill Capital
New York
$365K +$345K +13,400 New
ProShare Advisors
160
ProShare Advisors
Maryland
$361K +$128K +4,971 +60%
DI
161
Diligent Investors
California
$357K – – –
COPPSERS
162
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$335K -$6.88K -267 -2%
PA
163
Profund Advisors
Maryland
$327K -$10.6K -411 -3%
NJBEST
164
New Jersey Better Educational Savings Trust
New Jersey
$327K – – –
DVM
165
Dreman Value Management
Florida
$308K -$48.8K -1,896 -14%
CANY
166
Caxton Associates (New York)
New York
$303K +$286K +11,100 New
AB
167
Amalgamated Bank
New York
$299K -$43.8K -1,702 -13%
GC
168
Globeflex Capital
California
$299K – – –
CAM
169
Capstone Asset Management
Texas
$293K -$10.8K -420 -4%
SAM
170
Securian Asset Management
Minnesota
$290K -$7.45K -289 -3%
IG
171
ING Group
Netherlands
$279K +$264K +10,247 New
MF
172
Magnetar Financial
Illinois
$264K +$250K +9,685 New
CSS
173
Cubist Systematic Strategies
Connecticut
$264K +$250K +9,690 +121,125%
SCM
174
SOL Capital Management
Maryland
$260K – – –
Pacer Advisors
175
Pacer Advisors
Pennsylvania
$253K +$9.17K +356 +4%
5 6
7
8 9

CAR Hedge Fund Activity: Q2 2017 in Review

235 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q2 2017, worth a combined $3.24B — up 2.4% from $3.16B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of CAR and 40 opened new positions — a net loss of 13 holders — while 78 trimmed existing stakes and 87 added.

The largest buyer was Baupost Group, opening a new position worth an estimated $103M. The largest seller was AJO LP, exiting entirely with an estimated $74M sold.

  • 235 institutional investors held Avis (CAR) as of Q2 2017, down from 249 in Q1 2017.
  • Funds reported $3.24B of Avis stock for Q2 2017, up 2.4% quarter-over-quarter.
  • 40 funds opened new Avis positions in Q2 2017 and 53 closed out, a net change of -13 holders.
  • The largest Avis buyer in Q2 2017 was Baupost Group, an estimated $103M added.
  • The largest Avis seller in Q2 2017 was AJO LP, an estimated $74M sold.

Based on aggregated 13F filings for Q2 2017.