We are live on ! Find out more

224 hedge funds and large institutions have $3.22B invested in Avis in 2013 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 75 increasing their positions, 94 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more call options, than puts

Call options by funds: $95.8M | Put options by funds: $62.4M

0% more capital invested

Capital invested by funds: $3.2B → $3.22B (+$15.6M)

1.05% less ownership

Funds ownership: 82.81%81.76% (-1.1%)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

16% less funds holding

Funds holding: 267224 (-43)

20% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 94

57% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 70

Holders
224
Holders Change
-43
Holders Change %
-16.1%
% of All Funds
7.26%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.32%
New
30
Increased
75
Reduced
94
Closed
70
Calls
$95.8M
Puts
$62.4M
Net Calls
+$33.4M
Net Calls Change
+$17.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Comerica Bank
176
Comerica Bank
Texas
$302K +$12.1K +404 +4%
WAM
177
World Asset Management
Michigan
$299K -$61.7K -2,065 -17%
FCBT
178
First Citizens Bank & Trust
North Carolina
$293K +$303K +10,150 New
CA
179
Commerzbank Aktiengesellschaft
Germany
$284K -$21K -702 -7%
RAM
180
Redmond Asset Management
Virginia
$272K +$29.9K +1,000 +12%
BFG
181
Beacon Financial Group
Texas
$265K +$278K +9,300 New
ProShare Advisors
182
ProShare Advisors
Maryland
$262K -$1.86M -62,329 -87%
Prudential Financial
183
Prudential Financial
New Jersey
$254K +$14.9K +500 +6%
Capstone Investment Advisors
184
Capstone Investment Advisors
New York
$251K +$261K +8,735 New
AIG
185
American International Group
New York
$243K -$2.09M -69,901 -89%
T
186
TradeWorx
New Jersey
$241K -$1.84M -61,673 -88%
ST
187
Smithfield Trust
Pennsylvania
$229K -$15.5K -520 -6%
TC
188
TradeLink Capital
Illinois
$222K +$230K +7,686 New
PCM
189
Prelude Capital Management
New York
$217K +$165K +5,518 +276%
MLICM
190
Metropolitan Life Insurance Company (MetLife)
New York
$214K -$2.99K -100 -1%
HSBC Holdings
191
HSBC Holdings
United Kingdom
$207K +$215K +7,178 New
OMCS
192
Old Mutual Customised Solutions
South Africa
$187K -$41.8K -1,400 -18%
IRS
193
Invictus RG (Singapore)
Singapore
$177K +$55.7K +1,864 +44%
RA
194
Rational Advisors
New York
$138K -$102K -3,400 -41%
US Bancorp
195
US Bancorp
Minnesota
$134K -$5.68K -190 -4%
Parallax Volatility Advisers
196
Parallax Volatility Advisers
California
$128K +$3.17K +106 +2%
Royal Bank of Canada
197
Royal Bank of Canada
Ontario, Canada
$111K -$479K -16,028 -81%
Canada Pension Plan Investment Board
198
Canada Pension Plan Investment Board
Ontario, Canada
$110K +$114K +3,800 New
ACMI
199
Amida Capital Management II
New York
$79K -$37.4K -1,250 -31%
PNC Financial Services Group
200
PNC Financial Services Group
Pennsylvania
$71K -$217K -7,249 -75%

CAR Hedge Fund Activity: Q3 2013 in Review

224 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q3 2013, worth a combined $3.22B — up 0.49% from $3.2B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of CAR and 30 opened new positions — a net loss of 40 holders — while 94 trimmed existing stakes and 75 added.

The largest buyer was Iridian Asset Management, adding an estimated $84.1M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $55.3M sold.

  • 224 institutional investors held Avis (CAR) as of Q3 2013, down from 267 in Q2 2013.
  • Funds reported $3.22B of Avis stock for Q3 2013, up 0.49% quarter-over-quarter.
  • 30 funds opened new Avis positions in Q3 2013 and 70 closed out, a net change of -40 holders.
  • The largest Avis buyer in Q3 2013 was Iridian Asset Management, an estimated $84.1M added.
  • The largest Avis seller in Q3 2013 was Columbus Circle Investors, an estimated $55.3M sold.

Based on aggregated 13F filings for Q3 2013.