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260 hedge funds and large institutions have $2.87B invested in Avis in 2024 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 91 increasing their positions, 84 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 84

0.62% more ownership

Funds ownership: 100.56%101.18% (+0.62%)

4% less funds holding

Funds holding: 271260 (-11)

7% less capital invested

Capital invested by funds: $3.1B → $2.87B (-$230M)

17% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 52

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

31% less call options, than puts

Call options by funds: $119M | Put options by funds: $172M

Holders
260
Holders Change
-11
Holders Change %
-4.06%
% of All Funds
3.42%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
43
Increased
91
Reduced
84
Closed
52
Calls
$119M
Puts
$172M
Net Calls
-$53.6M
Net Calls Change
+$30.5M
Name Holding Trade Value Shares
Change
Change in
Stake
SIM
1
SRS Investment Management
New York
$1.38B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$247M -$26M -285,457 -9%
BlackRock
3
BlackRock
New York
$150M +$11.4M +125,356 +7%
Vanguard Group
4
Vanguard Group
Pennsylvania
$126M -$2.54M -27,889 -2%
PCM
5
PAR Capital Management
Massachusetts
$60.6M -$7.62M -83,530 -10%
State Street
6
State Street
Massachusetts
$56.5M +$2.57M +28,145 +4%
GCM
7
Glenview Capital Management
New York
$52.4M -$1.49M -16,334 -2%
PCM
8
Pentwater Capital Management
Florida
$50.4M +$13.5M +148,000 +31%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$47.6M -$162K -1,778 -0.3%
Amundi
10
Amundi
France
$44.1M -$82.3K -903 -0.2%
Nomura Holdings
11
Nomura Holdings
Japan
$39.5M +$5.33M +58,476 +14%
Assenagon Asset Management
12
Assenagon Asset Management
Luxembourg
$30.6M +$20.2M +221,456 +140%
National Bank of Canada
13
National Bank of Canada
Quebec, Canada
$26.6M +$21.9M +240,000 +267%
IG
14
ING Group
Netherlands
$26.2M +$22.4M +245,800 +310%
SCM
15
Steadfast Capital Management
New York
$25.7M +$29.1M +319,400 New
Geode Capital Management
16
Geode Capital Management
Massachusetts
$25.4M -$369K -4,045 -1%
Morgan Stanley
17
Morgan Stanley
New York
$24.5M -$5.77M -63,302 -17%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$24.1M -$601K -6,595 -2%
JFG
19
Jefferies Financial Group
New York
$20.4M +$21.5M +236,218 +1,391%
Millennium Management
20
Millennium Management
New York
$18.4M +$11.5M +126,249 +124%
Charles Schwab
21
Charles Schwab
California
$16.4M +$1.59M +17,473 +9%
JCM
22
JAT Capital Management
Connecticut
$16.2M -$18M -197,294 -50%
Barclays
23
Barclays
United Kingdom
$14M -$2.45M -26,917 -13%
Jane Street
24
Jane Street
New York
$13.6M +$2.27M +24,913 +17%
UBS Group
25
UBS Group
Switzerland
$13.2M +$9.24M +101,291 +161%

CAR Hedge Fund Activity: Q4 2024 in Review

260 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Avis (CAR) for Q4 2024, worth a combined $2.87B — down 7.4% from $3.1B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of CAR and 43 opened new positions — a net loss of 9 holders — while 84 trimmed existing stakes and 91 added.

The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $29.1M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $58.9M sold.

  • 260 institutional investors held Avis (CAR) as of Q4 2024, down from 271 in Q3 2024.
  • Funds reported $2.87B of Avis stock for Q4 2024, down 7.4% quarter-over-quarter.
  • 43 funds opened new Avis positions in Q4 2024 and 52 closed out, a net change of -9 holders.
  • The largest Avis buyer in Q4 2024 was Steadfast Capital Management, an estimated $29.1M added.
  • The largest Avis seller in Q4 2024 was Rubric Capital Management (New York), an estimated $58.9M sold.

Based on aggregated 13F filings for Q4 2024.