McGrath RentCorp
MGRC
234 hedge funds and large institutions have $2.24B invested in McGrath RentCorp in 2024 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 72 increasing their positions, 73 reducing their positions, and 28 closing their positions.
100% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 28
13% more funds holding
Funds holding: 207 → 234 (+27)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 73
2% less capital invested
Capital invested by funds: $2.3B → $2.24B (-$56.5M)
1.23% less ownership
Funds ownership: 87.93% → 86.7% (-1.2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$87M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$53.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$42.9M |
| 4 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$33.9M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$75.7M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$56.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$52.9M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$50.4M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$47.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
251
Wolverine Asset Management
Chicago,
Illinois
| – | -$787K | -7,388 | Closed |
|
252
Los Angeles Capital Management
Los Angeles,
California
| – | -$636K | -5,965 | Closed |
|
|
GC
253
Guggenheim Capital
Chicago,
Illinois
| – | -$414K | -3,887 | Closed |
|
|
DAM
254
DLD Asset Management
New York
| – | -$362K | -3,400 | Closed |
|
|
SSA
255
Schonfeld Strategic Advisors
New York
| – | -$295K | -2,770 | Closed |
|
|
PCM
256
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| – | -$200K | -1,370 | Closed |
|
|
PAS
257
Point72 Asia (Singapore)
Singapore
| – | -$83.3K | -782 | Closed |
|
|
SO
258
STRS Ohio
Columbus,
Ohio
| – | -$53.3K | -500 | Closed |
|
|
MG
259
Mather Group
Chicago,
Illinois
| – | -$2.34K | -19 | Closed |
|
|
IC
260
Innealta Capital
Austin,
Texas
| – | -$1.81K | -17 | Closed |
|
|
PWMG
261
Private Wealth Management Group
Princeton,
New Jersey
| – | -$1.49K | -14 | Closed |
|
|
HWM
262
Hemington Wealth Management
Falls Church,
Virginia
| – | +$106 | +1 | New |
|
MGRC Hedge Fund Activity: Q3 2024 in Review
234 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2024, worth a combined $2.24B — down 2.5% from $2.3B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new MGRC positions and 28 closed out — a net gain of 28 holders — while 72 added to existing stakes and 73 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $87M. The largest seller was Alpine Associates Management, exiting entirely with an estimated $75.7M sold.
- 234 institutional investors held McGrath RentCorp (MGRC) as of Q3 2024, up from 207 in Q2 2024.
- Funds reported $2.24B of McGrath RentCorp stock for Q3 2024, down 2.5% quarter-over-quarter.
- 56 funds opened new McGrath RentCorp positions in Q3 2024 and 28 closed out, a net change of +28 holders.
- The largest McGrath RentCorp buyer in Q3 2024 was T. Rowe Price Investment Management, an estimated $87M added.
- The largest McGrath RentCorp seller in Q3 2024 was Alpine Associates Management, an estimated $75.7M sold.
Based on aggregated 13F filings for Q3 2024.