We are live on ! Find out more

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
SIM
1
SRS Investment Management
New York
$290M -$13.8M -500,000 -5%
GCM
2
Glenview Capital Management
New York
$267M
Morgan Stanley
3
Morgan Stanley
New York
$237M +$2.28M +82,697 +1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$197M -$1.27M -45,939 -0.7%
Diamond Hill Capital Management
5
Diamond Hill Capital Management
Ohio
$189M -$19.7M -711,574 -11%
UBS Group
6
UBS Group
Switzerland
$135M +$22.8M +826,416 +25%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$131M +$99.7M +3,609,536 +768%
TCM
8
TimesSquare Capital Management
New York
$116M -$20.5M -743,555 -17%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$93.9M +$2.09M +75,502 +3%
LAM
10
Lyrical Asset Management
New York
$93M +$3.68M +133,116 +5%
BCPEM
11
Bain Capital Public Equity Management
Massachusetts
$79.1M +$4.33M +156,611 +7%
Nomura Holdings
12
Nomura Holdings
Japan
$75.9M +$25.4M +919,198 +63%
BIT
13
BlackRock Institutional Trust
California
$73.8M -$11.6M -421,216 -16%
Neuberger Berman Group
14
Neuberger Berman Group
New York
$66.8M +$3.87M +140,090 +7%
CCA
15
Canyon Capital Advisors
Texas
$66M -$837K -30,282 -1%
BG
16
Baupost Group
Massachusetts
$57.6M +$49.4M +1,787,227 New
TCG
17
Tremblant Capital Group
Florida
$51.4M +$25.9M +939,130 +143%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$48.6M +$6.24M +225,990 +18%
PCM
19
PAR Capital Management
Massachusetts
$44.7M
State Street
20
State Street
Massachusetts
$43.5M -$5.16M -186,700 -12%
TCP
21
Tourbillon Capital Partners
New York
$42.4M +$36.3M +1,315,000 New
BFA
22
BlackRock Fund Advisors
California
$41.6M -$1.77M -64,065 -5%
Wells Fargo
23
Wells Fargo
California
$37.4M +$17.3M +626,098 +117%
RIM
24
RS Investment Management
California
$36M +$30.8M +1,116,350 New
CGI
25
CI Global Investments
California
$35.1M -$55.4M -2,004,842 -65%

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.