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240 hedge funds and large institutions have $2.69B invested in Avis in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 54 increasing their positions, 98 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less capital invested

Capital invested by funds: $2.76B → $2.69B (-$79.2M)

3.74% less ownership

Funds ownership: 104.38%100.64% (-3.7%)

4% less funds holding

Funds holding: 251240 (-11)

20% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 41

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

45% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 98

55% less call options, than puts

Call options by funds: $81.5M | Put options by funds: $180M

Holders
240
Holders Change
-11
Holders Change %
-4.38%
% of All Funds
5.21%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
33
Increased
54
Reduced
98
Closed
41
Calls
$81.5M
Puts
$180M
Net Calls
-$98.2M
Net Calls Change
+$56M
Name Holding Trade Value Shares
Change
Change in
Stake
TRCT
201
Tower Research Capital (TRC)
New York
$35K +$1.31K +39 +4%
Nisa Investment Advisors
202
Nisa Investment Advisors
Missouri
$33K
AP
203
Advisors Preferred
Maryland
$30K +$28.7K +854 New
FHA
204
Flagship Harbor Advisors
Massachusetts
$28K
AG
205
Advisor Group
Arizona
$27K -$40.3K -1,200 -61%
GI
206
Gradient Investments
Minnesota
$23K
PCP
207
Proficio Capital Partners
Massachusetts
$19K
KBC Group
208
KBC Group
Belgium
$19K +$18.3K +545 New
LWCFA
209
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$16K
BBHC
210
Brown Brothers Harriman & Co
New York
$15K +$14.4K +428 New
FANJ
211
Financial Architects (New Jersey)
New Jersey
$9K -$89.7K -2,673 -91%
QI
212
QS Investors
New York
$8K
ASN
213
Advisory Services Network
Georgia
$7K
CTB
214
Country Trust Bank
Illinois
$7K
QCG
215
Quadrant Capital Group
Ohio
$5K
US Bancorp
216
US Bancorp
Minnesota
$4K
HNB
217
Huntington National Bank
Ohio
$4K +$34 +1 +1%
GWM
218
Geneos Wealth Management
Colorado
$3K
TFS
219
TrustCore Financial Services
Tennessee
$3K
CIAS
220
Capital Investment Advisory Services
North Carolina
$2K
CFA
221
Carroll Financial Associates
North Carolina
$2K
Fifth Third Bancorp
222
Fifth Third Bancorp
Ohio
$2K
S
223
SignatureFD
Georgia
$2K
AssetMark Inc
224
AssetMark Inc
California
$2K +$403 +12 +33%
SBL
225
Sargent Bickham Lagudis
Colorado
$1K -$1.11K -33 -66%

CAR Hedge Fund Activity: Q2 2019 in Review

240 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q2 2019, worth a combined $2.69B — down 2.9% from $2.76B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of CAR and 33 opened new positions — a net loss of 8 holders — while 98 trimmed existing stakes and 54 added.

The largest buyer was Tremblant Capital Group, opening a new position worth an estimated $38.3M. The largest seller was CIBC World Markets, cutting an estimated $33.6M.

  • 240 institutional investors held Avis (CAR) as of Q2 2019, down from 251 in Q1 2019.
  • Funds reported $2.69B of Avis stock for Q2 2019, down 2.9% quarter-over-quarter.
  • 33 funds opened new Avis positions in Q2 2019 and 41 closed out, a net change of -8 holders.
  • The largest Avis buyer in Q2 2019 was Tremblant Capital Group, an estimated $38.3M added.
  • The largest Avis seller in Q2 2019 was CIBC World Markets, an estimated $33.6M sold.

Based on aggregated 13F filings for Q2 2019.