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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
SBIA
176
Sheaff Brock Investment Advisors
Indiana
$272K +$316K +7,500 New
CIM
177
Calvert Investment Management
Maryland
$265K +$69.4K +1,647 +29%
GCP
178
GSA Capital Partners
United Kingdom
$264K -$709K -16,842 -70%
BCM
179
Bridgeway Capital Management
Texas
$254K -$126K -3,000 -30%
BC
180
Barnett & Company
Tennessee
$250K -$14.7K -350 -5%
TG
181
TLP Group
Illinois
$236K +$274K +6,506 New
PL
182
Parkwood LLC
Ohio
$232K +$269K +6,397 New
M&T Bank
183
M&T Bank
New York
$226K +$24.6K +585 +10%
Lazard Asset Management
184
Lazard Asset Management
New York
$224K +$261K +6,200 New
CWM
185
Concert Wealth Management
California
$202K +$233K +5,538 New
QC
186
Quadrature Capital
United Kingdom
$201K +$233K +5,532 New
BlackRock
187
BlackRock
New York
$197K -$13.8K -328 -6%
OMCS
188
Old Mutual Customised Solutions
South Africa
$181K
PAM
189
Panagora Asset Management
Massachusetts
$166K
Creative Planning
190
Creative Planning
Kansas
$154K +$54.7K +1,300 +44%
Bank of Montreal
191
Bank of Montreal
Ontario, Canada
$147K -$1.24M -29,399 -88%
AAM
192
Advisors Asset Management
Colorado
$142K -$89.1K -2,115 -35%
BGIM
193
Brandywine Global Investment Management
Pennsylvania
$122K +$141K +3,351 New
AIG
194
American International Group
New York
$114K -$303K -7,198 -69%
Zurich Cantonal Bank
195
Zurich Cantonal Bank
Switzerland
$109K +$71.5K +1,697 +129%
CG
196
Cutler Group
California
$80K +$93.9K +2,230 New
IA
197
IFP Advisors
Florida
$78K +$90K +2,138 New
Pacer Advisors
198
Pacer Advisors
Pennsylvania
$64K +$73.7K +1,751 New
EDRH
199
Edmond de Rothschild Holding
Switzerland
$53K +$61.9K +1,470 New
EDRS
200
Edmond de Rothschild (Suisse)
Switzerland
$53K +$61.9K +1,470 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.