SRS Investment Management, LLC, a registered investment adviser, initiated a new position in Avis Budget Group, Inc. (NASDAQ:CAR) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 17,430,882 shares of the Industrials company, valued at approximately $2.2B as of the filing date.
Avis Budget Group, Inc.'s stock currently trades at $86.50 with a market capitalization of $4.7B.
