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226 hedge funds and large institutions have $3.31B invested in Avis in 2016 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 63 increasing their positions, 85 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more call options, than puts

Call options by funds: $136M | Put options by funds: $71.7M

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

21% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 38

17% more capital invested

Capital invested by funds: $2.84B → $3.31B (+$473M)

3% more funds holding

Funds holding: 220226 (+6)

1.17% less ownership

Funds ownership: 76.4%75.23% (-1.2%)

26% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 85

Holders
226
Holders Change
+6
Holders Change %
+2.73%
% of All Funds
6.03%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.24%
New
46
Increased
63
Reduced
85
Closed
38
Calls
$136M
Puts
$71.7M
Net Calls
+$64.5M
Net Calls Change
+$21.2M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
201
Penserra Capital Management
California
$11K +$3.34K +121 +55%
AA
202
Apriem Advisors
California
$10K +$8.29K +300 New
GXMC
203
Global X Management Company
New York
$10K +$8.29K +300 New
SCM
204
Southport Capital Management
Tennessee
$10K +$8.46K +306 New
LTFS
205
Ladenburg Thalmann Financial Services
Florida
$9K -$884 -32 -10%
TRCT
206
Tower Research Capital (TRC)
New York
$9K +$2.4K +87 +49%
CGT
207
Capital Guardian Trust
California
$7K
EWM
208
Evercore Wealth Management
New York
$6K +$4.59K +166 +553%
IWMPD
209
Integrated Wealth Management (Palm Desert)
California
$4K
GT
210
Glenmede Trust
Pennsylvania
$4K +$3.98K +144 New
GWM
211
Geneos Wealth Management
Colorado
$3K
HNB
212
Huntington National Bank
Ohio
$3K
LWM
213
LBA Wealth Management
Florida
$3K
PG
214
Patten Group
Tennessee
$2.26K
CFA
215
Carroll Financial Associates
North Carolina
$2K
JFA
216
JNBA Financial Advisors
Minnesota
$2K
QCG
217
Quadrant Capital Group
Ohio
$2K +$995 +36 +59%
WAM
218
Wealthspire Advisors (Maryland)
Maryland
$1K -$1.8K -65 -76%
KF
219
Krilogy Financial
Missouri
$1K -$1.13K -41 -54%
AF
220
Allworth Financial
California
$1K
CTC
221
Central Trust Company
Missouri
$1K
QI
222
QS Investors
New York
$1K
AIM
223
Arcadia Investment Management
Michigan
$1K +$636 +23 New
TSW
224
Thompson Siegel & Walmsley
Virginia
$1K +$995 +36 New
IAM
225
Iridian Asset Management
Connecticut
-$129M -4,699,582 Closed

CAR Hedge Fund Activity: Q2 2016 in Review

226 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q2 2016, worth a combined $3.31B — up 17% from $2.84B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new CAR positions and 38 closed out — a net gain of 8 holders — while 63 added to existing stakes and 85 trimmed.

The largest buyer was Bank of New York Mellon, adding an estimated $99.7M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $129M sold.

  • 226 institutional investors held Avis (CAR) as of Q2 2016, up from 220 in Q1 2016.
  • Funds reported $3.31B of Avis stock for Q2 2016, up 17% quarter-over-quarter.
  • 46 funds opened new Avis positions in Q2 2016 and 38 closed out, a net change of +8 holders.
  • The largest Avis buyer in Q2 2016 was Bank of New York Mellon, an estimated $99.7M added.
  • The largest Avis seller in Q2 2016 was Iridian Asset Management, an estimated $129M sold.

Based on aggregated 13F filings for Q2 2016.