McGrath RentCorp
MGRC
225 hedge funds and large institutions have $2.56B invested in McGrath RentCorp in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 66 increasing their positions, 83 reducing their positions, and 11 closing their positions.
282% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 11
24% more capital invested
Capital invested by funds: $2.07B → $2.56B (+$490M)
15% more funds holding
Funds holding: 196 → 225 (+29)
3.21% more ownership
Funds ownership: 84% → 87.21% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
20% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$65.7M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$48.6M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$22M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$15.6M |
| 5 |
ClearBridge Investments
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$49.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$18.9M |
| 3 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$15.4M |
| 4 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$12.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
226
Ophir Asset Management
Sydney,
Australia
| – | -$15.4M | -153,944 | Closed |
|
227
Nordea Investment Management
Stockholm,
Sweden
| – | -$8.72M | -86,052 | Closed |
|
|
HI
228
HBK Investments
Dallas,
Texas
| – | -$1.11M | -11,030 | Closed |
|
229
SG Americas Securities
New York
| – | -$732K | -7,306 | Closed |
|
|
CWM
230
C2C Wealth Management
Scottsdale,
Arizona
| – | -$565K | -5,600 | Closed |
|
|
DTL
231
Dynamic Technology Lab
Singapore
| – | -$416K | -4,150 | Closed |
|
|
MAM
232
Meeder Asset Management
Dublin,
Ohio
| – | -$255K | -2,541 | Closed |
|
|
UFF
233
USA Financial Formulas
Ada,
Michigan
| – | -$132K | -1,319 | Closed |
|
|
ACM
234
Aquatic Capital Management
Chicago,
Illinois
| – | -$130K | -1,300 | Closed |
|
|
CTA
235
Colonial Trust Advisors
Spartanburg,
South Carolina
| – | -$60.1K | -600 | Closed |
|
236
AssetMark Inc
Concord,
California
| – | -$100 | -1 | Closed |
|
MGRC Hedge Fund Activity: Q4 2023 in Review
225 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q4 2023, worth a combined $2.56B — up 24% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new MGRC positions and 11 closed out — a net gain of 31 holders — while 66 added to existing stakes and 83 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $65.7M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $49.4M.
- 225 institutional investors held McGrath RentCorp (MGRC) as of Q4 2023, up from 196 in Q3 2023.
- Funds reported $2.56B of McGrath RentCorp stock for Q4 2023, up 24% quarter-over-quarter.
- 42 funds opened new McGrath RentCorp positions in Q4 2023 and 11 closed out, a net change of +31 holders.
- The largest McGrath RentCorp buyer in Q4 2023 was Morgan Stanley, an estimated $65.7M added.
- The largest McGrath RentCorp seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $49.4M sold.
Based on aggregated 13F filings for Q4 2023.