AVT ranks #1161 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
AVT is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.1% of that fund's own 13F portfolio.
AVT is a top-conviction position for Wishbone Management, LP — at 25.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in AVT belongs to BlackRock, Inc., but the position matters far more to Wishbone Management, LP, who has 25.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its AVT position for two straight quarters, increasing it by $502.7M to reach $916.1M today.
Alliancebernstein L.p. has trimmed its AVT position for two straight quarters, cutting it by $98.0M while still holding $12.3M.
AVT is up 0.7% today, and institutions have been net buyers of $979.7M this quarter — today's price move and the underlying institutional flow are pointing the same direction.