Avis
298 hedge funds and large institutions have $12.3B invested in Avis in 2021 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 50 increasing their positions, 141 reducing their positions, and 57 closing their positions.
60% more capital invested
Capital invested by funds: $7.69B → $12.3B (+$4.6B)
40% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 57
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more funds holding
Funds holding: 276 → 298 (+22)
6.1% more ownership
Funds ownership: 98.9% → 105% (+6.1%)
40% less call options, than puts
Call options by funds: $585M | Put options by funds: $983M
65% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 141
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$329M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$199M |
| 3 |
Goldman Sachs
New York
|
+$170M |
| 4 |
D.E. Shaw & Co
New York
|
+$136M |
| 5 |
Renaissance Technologies
New York
|
+$54.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$276M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$232M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$225M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$216M |
| 5 |
BlackRock
New York
|
-$186M |
CAR Hedge Fund Activity: Q4 2021 in Review
298 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q4 2021, worth a combined $12.3B — up 60% from $7.69B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new CAR positions and 57 closed out — a net gain of 23 holders — while 50 added to existing stakes and 141 trimmed.
The largest buyer was Jefferies Group, adding an estimated $329M. The largest seller was Fidelity Investments, cutting an estimated $276M.
- 298 institutional investors held Avis (CAR) as of Q4 2021, up from 276 in Q3 2021.
- Funds reported $12.3B of Avis stock for Q4 2021, up 60% quarter-over-quarter.
- 80 funds opened new Avis positions in Q4 2021 and 57 closed out, a net change of +23 holders.
- The largest Avis buyer in Q4 2021 was Jefferies Group, an estimated $329M added.
- The largest Avis seller in Q4 2021 was Fidelity Investments, an estimated $276M sold.
Based on aggregated 13F filings for Q4 2021.