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242 hedge funds and large institutions have $2.7B invested in Avis in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 72 increasing their positions, 96 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.77% more ownership

Funds ownership: 105.06%105.83% (+0.77%)

3% less capital invested

Capital invested by funds: $2.77B → $2.7B (-$78.6M)

7% less funds holding

Funds holding: 261242 (-19)

25% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 96

32% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 47

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

50% less call options, than puts

Call options by funds: $68.3M | Put options by funds: $138M

Holders
242
Holders Change
-19
Holders Change %
-7.28%
% of All Funds
5.53%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
32
Increased
72
Reduced
96
Closed
47
Calls
$68.3M
Puts
$138M
Net Calls
-$69.3M
Net Calls Change
+$26.1M
Name Holding Trade Value Shares
Change
Change in
Stake
OSAM
201
O'Shaughnessy Asset Management
Connecticut
$51K -$5.41K -162 -9%
RA
202
Royce & Associates
New York
$44K +$45.5K +1,364 New
Fifth Third Bancorp
203
Fifth Third Bancorp
Ohio
$34K +$17.6K +528 +99%
AW
204
Alpha Windward
Massachusetts
$30K
Nisa Investment Advisors
205
Nisa Investment Advisors
Missouri
$30K +$1K +30 +3%
APA
206
American Portfolios Advisors
New York
$28.3K +$1.23K +37 +4%
FHA
207
Flagship Harbor Advisors
Massachusetts
$26K -$20.4K -610 -43%
GI
208
Gradient Investments
Minnesota
$21K
AG
209
Advisor Group
Arizona
$18K -$234 -7 -1%
LWCFA
210
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$14K
SCM
211
Southport Capital Management
Tennessee
$14K +$10.2K +306 New
Parallax Volatility Advisers
212
Parallax Volatility Advisers
California
$13K +$13.1K +393 New
AIL
213
AGF Investments LLC
Ontario, Canada
$9K -$46.4K -1,391 -83%
JA
214
JOYN Advisors
Georgia
$7K +$6.24K +187 +603%
CTB
215
Country Trust Bank
Illinois
$6K
IP
216
Intellectus Partners
California
$6K
QCG
217
Quadrant Capital Group
Ohio
$6K
LTFS
218
Ladenburg Thalmann Financial Services
Florida
$5K -$4.07K -122 -42%
ICM
219
IMS Capital Management
Oregon
$5K +$5K +150 New
C
220
Cerebellum
California
$4K -$142K -4,250 -97%
TFS
221
TrustCore Financial Services
Tennessee
$4K
US Bancorp
222
US Bancorp
Minnesota
$4K
LWM
223
Lenox Wealth Management
Ohio
$4K +$9.44K +283 +354%
HNB
224
Huntington National Bank
Ohio
$3K -$23.4K -702 -87%
AWM
225
AllSquare Wealth Management
New York
$3K

CAR Hedge Fund Activity: Q3 2018 in Review

242 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q3 2018, worth a combined $2.7B — down 2.8% from $2.77B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of CAR and 32 opened new positions — a net loss of 15 holders — while 96 trimmed existing stakes and 72 added.

The largest buyer was CIBC World Markets, opening a new position worth an estimated $75.1M. The largest seller was Jefferies Group, cutting an estimated $36.5M.

  • 242 institutional investors held Avis (CAR) as of Q3 2018, down from 261 in Q2 2018.
  • Funds reported $2.7B of Avis stock for Q3 2018, down 2.8% quarter-over-quarter.
  • 32 funds opened new Avis positions in Q3 2018 and 47 closed out, a net change of -15 holders.
  • The largest Avis buyer in Q3 2018 was CIBC World Markets, an estimated $75.1M added.
  • The largest Avis seller in Q3 2018 was Jefferies Group, an estimated $36.5M sold.

Based on aggregated 13F filings for Q3 2018.