Avis
CAR
254 hedge funds and large institutions have $4.78B invested in Avis in 2018 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 68 increasing their positions, 99 reducing their positions, and 24 closing their positions.
100% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 24
11% more call options, than puts
Call options by funds: $424M | Put options by funds: $384M
9% more funds holding
Funds holding: 232 → 254 (+22)
5% more capital invested
Capital invested by funds: $4.54B → $4.78B (+$234M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1.91% less ownership
Funds ownership: 127.39% → 125.48% (-1.9%)
31% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$69.9M |
| 2 |
SG Americas Securities
New York
|
+$65M |
| 3 |
JG
Jefferies Group
New York
|
+$60.2M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$35.4M |
| 5 |
Citigroup
New York
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$81.5M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$63.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$45.1M |
| 4 |
Barclays
London,
United Kingdom
|
-$31.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$31.2M |
CAR Hedge Fund Activity: Q1 2018 in Review
254 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q1 2018, worth a combined $4.78B — up 5.2% from $4.54B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CAR positions and 24 closed out — a net gain of 24 holders — while 68 added to existing stakes and 99 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $69.9M. The largest seller was Diamond Hill Capital Management, cutting an estimated $81.5M.
- 254 institutional investors held Avis (CAR) as of Q1 2018, up from 232 in Q4 2017.
- Funds reported $4.78B of Avis stock for Q1 2018, up 5.2% quarter-over-quarter.
- 48 funds opened new Avis positions in Q1 2018 and 24 closed out, a net change of +24 holders.
- The largest Avis buyer in Q1 2018 was Nomura Holdings, an estimated $69.9M added.
- The largest Avis seller in Q1 2018 was Diamond Hill Capital Management, an estimated $81.5M sold.
Based on aggregated 13F filings for Q1 2018.