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Avis
CAR

296 hedge funds and large institutions have $7.62B invested in Avis in 2023 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 75 increasing their positions, 131 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more capital invested

Capital invested by funds: $6.61B → $7.62B (+$1.01B)

2.15% more ownership

Funds ownership: 97.31% → 99.46% (+2.1%)

7% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 45

1% less funds holding

Funds holding: 299 → 296 (-3)

22% less funds holding in top 10

Funds holding in top 10: 9 → 7 (-2)

43% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 131

80% less call options, than puts

Call options by funds: $142M | Put options by funds: $711M

Holders
296
Holders Change
-3
Holders Change %
-1%
% of All Funds
4.71%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.11%
New
48
Increased
75
Reduced
131
Closed
45
Calls
$142M
Puts
$711M
Net Calls
-$569M
Net Calls Change
-$306M

Top Buyers

Rank Fund Capital Flow
1
Nomura Holdings
Nomura Holdings
Japan
+$128M
2
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$34.5M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$27.4M
4
Citadel Advisors
Citadel Advisors
Florida
+$26.2M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$22.2M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$56.8M
2
Citigroup
Citigroup
New York
-$47.1M
3
CWM
CIBC World Markets
New York
-$37.5M
4
Fidelity Investments
Fidelity Investments
Massachusetts
-$37M
5
Invesco
Invesco
Georgia
-$27.4M

CAR Hedge Fund Activity: Q1 2023 in Review

296 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q1 2023, worth a combined $7.62B — up 15% from $6.61B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new CAR positions and 45 closed out — a net gain of 3 holders — while 75 added to existing stakes and 131 trimmed.

The largest buyer was Nomura Holdings, adding an estimated $128M. The largest seller was Goldman Sachs, cutting an estimated $56.8M.

  • 296 institutional investors held Avis (CAR) as of Q1 2023, down from 299 in Q4 2022.
  • Funds reported $7.62B of Avis stock for Q1 2023, up 15% quarter-over-quarter.
  • 48 funds opened new Avis positions in Q1 2023 and 45 closed out, a net change of +3 holders.
  • The largest Avis buyer in Q1 2023 was Nomura Holdings, an estimated $128M added.
  • The largest Avis seller in Q1 2023 was Goldman Sachs, an estimated $56.8M sold.

Based on aggregated 13F filings for Q1 2023.