Avis
295 hedge funds and large institutions have $13.5B invested in Avis in 2022 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 68 increasing their positions, 130 reducing their positions, and 53 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
10% more capital invested
Capital invested by funds: $12.3B → $13.5B (+$1.28B)
6% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 53
1% less funds holding
Funds holding: 298 → 295 (-3)
9.19% less ownership
Funds ownership: 104.94% → 95.75% (-9.2%)
39% less call options, than puts
Call options by funds: $322M | Put options by funds: $530M
48% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$106M |
| 2 |
Morgan Stanley
New York
|
+$78.5M |
| 3 |
N
Natixis
Paris,
France
|
+$69.1M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$55.3M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$314M |
| 2 |
Goldman Sachs
New York
|
-$302M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$254M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$163M |
| 5 |
Two Sigma Investments
New York
|
-$101M |
CAR Hedge Fund Activity: Q1 2022 in Review
295 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q1 2022, worth a combined $13.5B — up 10% from $12.3B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new CAR positions and 53 closed out — a net gain of 3 holders — while 68 added to existing stakes and 130 trimmed.
The largest buyer was Bank of America, adding an estimated $106M. The largest seller was Nomura Holdings, cutting an estimated $314M.
- 295 institutional investors held Avis (CAR) as of Q1 2022, down from 298 in Q4 2021.
- Funds reported $13.5B of Avis stock for Q1 2022, up 10% quarter-over-quarter.
- 56 funds opened new Avis positions in Q1 2022 and 53 closed out, a net change of +3 holders.
- The largest Avis buyer in Q1 2022 was Bank of America, an estimated $106M added.
- The largest Avis seller in Q1 2022 was Nomura Holdings, an estimated $314M sold.
Based on aggregated 13F filings for Q1 2022.