Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Avis Budget Group Inc (CAR)

297 + Investors. Track Smart Money conviction in CAR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -10
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — CAR

Based on 297 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CAR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
297 hedge funds hold CAR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+30 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 46% buying

138 buying163 selling
Last quarter: 163 funds reduced or exited vs 138 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~48 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 82 → 58 → 53 → 48. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 18% medium ■ 18% new
190 out of 297 hedge funds have held CAR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

50 → 82 → 58 → 53 → 48 new funds/Q
New funds entering each quarter: 82 → 58 → 53 → 48. CAR is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 72% veterans vs 21% newcomers

■ 72% veterans ■ 6% 1-2yr ■ 21% new
Entry-cohort mix of 319 holders: 231 (72%) are 2+ year veterans, 20 entered 1–2 years ago, and 68 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
45 of 288 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CAR

In 2026 Q1, 138 hedge funds were net buyers of CAR (48 opened a new position, 90 added to an existing one), while 163 reduced or exited (105 trimmed, 58 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 28% of total institutional value in CAR is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -10 funds (more exits than new entries). Total institutional holders: 297.

Hedge Fund Ownership: CAR

How many hedge funds hold CAR — quarterly history vs. share price
Quarterly hedge fund ownership of CAR vs. share price

Market Analysis: CAR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CAR

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Avis Budget Group Inc (CAR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CAR has moved relative to its sector benchmark (XLI) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
CAR
+27.2%
XLI
+10.5%

CAR outperformed XLI by +16.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
CAR
+23.6%
XLI
+4.2%

Since the filing became public, CAR outperformed XLI by +19.4% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 3 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: CAR
297 + Investors

Track Smart Money conviction in CAR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 297 307 -3.26%
13F Shares 54M 65M -16.36%
Total Value $7.86B $8.27B -4.95%
New Positions 48 53 -5
Increased Positions 81 91 -10
Closed Positions 58 47 +11
Reduced Positions 104 104 -
Total Calls 12 24 -50.0%
Total Puts 19 31 -38.71%
PUT/CALL Ratio 1.58 1.29 Bearish

Statistics: CAR

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

297 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CAR. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CAR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SRS Investment Management, LLC 26.86% 17,430,882 $2.54B
2 Pentwater Capital Management LP 5.33% 7,048,300 $1.03B
3 Foursixthree Capital LP 4.89% 90,000 $13.1M
4 Discovery Capital Management, LLC / Ct 4.16% 548,677 $80.0M
5 Lombard Odier Asset Management (USA) Corp 3.73% 245,000 $35.7M
6 Mizuho Markets Americas LLC 1.59% 400,000 $58.3M
7 Blueshift Asset Management, LLC 1.10% 24,780 $3.6M
8 ING Groep NV 1.09% 1,225,000 $178.7M
9 Navis Wealth Advisors, LLC 0.97% 13,000 $1.9M
10 Par Capital Management Inc 0.85% 200,000 $29.2M
11 Pentwater Capital Management LP 0.59% 775,800 $113.2M
12 Maple Rock Capital Partners Inc. 0.44% 92,248 $13.5M
13 MUFG Securities EMEA plc 0.44% 200,000 $29.2M
14 Neo Ivy Capital Management 0.39% 10,236 $1.5M
15 Headlands Technologies LLC 0.31% 18,521 $2.7M
16 Optimize Financial Inc 0.26% 3,602 $525K
17 Hudson Bay Capital Management LP 0.25% 500,000 $72.9M
18 Manatuck Hill Partners, LLC 0.24% 6,000 $875K
19 TriaGen Wealth Management LLC 0.23% 5,764 $841K
20 Scientech Research LLC 0.22% 1,821 $266K
21 Nomura Holdings Inc 0.21% 545,673 $79.6M
22 Havemeyer Place LP 0.21% 12,337 $1.8M
23 Edgestream Partners, L.P. 0.20% 41,780 $6.1M
24 Natixis 0.18% 340,089 $49.6M
25 Wittenberg Investment Management, INC. 0.17% 3,208 $468K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Avis Budget Group Inc (CAR)

What does the Smart Money Trend signal show for CAR?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CAR positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CAR?

More sellers than buyers — 46% buying: Last quarter: 163 funds reduced or exited vs 138 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CAR holders?

Strong quality — 28% AUM from major funds: 45 of 288 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CAR?

64% of holders stayed for 2+ years: 190 out of 297 hedge funds have held CAR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Avis Budget Group Inc (CAR) following the 2026 Q1 hedge fund 13F filings?

As of today, CAR has moved +23.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.2% for the XLI sector ETF — an outperformance of +19.4%. Since the quarter end (March 31, 2026), CAR has gained +27.2% vs +10.5% for XLI. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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