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McGrath RentCorp

90 hedge funds and large institutions have $825M invested in McGrath RentCorp in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 32

11% more capital invested

Capital invested by funds: $740M → $825M (+$84.6M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 9290 (-2)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
90
Holders Change
-2
Holders Change %
-2.17%
% of All Funds
2.92%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
37
Reduced
32
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lord, Abbett & Co
26
Lord, Abbett & Co
New Jersey
$4.6M -$2.3M -66,100 -34%
TCIM
27
TIAA CREF Investment Management
New York
$3.91M -$53.6K -1,539 -1%
GF
28
Gabelli Funds
New York
$3.82M -$69.6K -2,000 -2%
Geode Capital Management
29
Geode Capital Management
Massachusetts
$3.7M +$208K +5,973 +6%
Goldman Sachs
30
Goldman Sachs
New York
$3.47M +$77.7K +2,232 +2%
Principal Financial Group
31
Principal Financial Group
Iowa
$3.08M +$892K +25,623 +42%
Wells Fargo
32
Wells Fargo
California
$2.86M -$57.5K -1,653 -2%
BIM
33
BlackRock Investment Management
Delaware
$2.85M +$103K +2,959 +4%
California Public Employees Retirement System
34
California Public Employees Retirement System
California
$2.78M +$282K +8,100 +12%
Charles Schwab
35
Charles Schwab
California
$2.73M +$104K +2,993 +4%
CIS
36
Connors Investor Services
Pennsylvania
$2.41M -$215K -6,171 -8%
PPA
37
Parametric Portfolio Associates
Washington
$2.23M +$101K +2,891 +5%
GI
38
GAMCO Investors
Connecticut
$2.2M -$331K -9,500 -13%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$1.85M -$34.1K -981 -2%
U
40
UBS
Switzerland
$1.68M -$15.7K -452 -0.9%
TA
41
Teton Advisors
New York
$1.63M -$76.6K -2,200 -5%
California State Teachers Retirement System (CalSTRS)
42
California State Teachers Retirement System (CalSTRS)
California
$1.62M +$50.6K +1,454 +3%
Deutsche Bank
43
Deutsche Bank
Germany
$1.61M -$3.07M -88,311 -66%
PAM
44
Paradigm Asset Management
New York
$1.6M +$1.25M +36,000 +402%
GIM
45
Granahan Investment Management
Massachusetts
$1.5M +$233K +6,700 +19%
AllianceBernstein
46
AllianceBernstein
Tennessee
$1.48M +$940 +27 +0.1%
TA
47
Teachers Advisors
New York
$1.25M +$50.9K +1,462 +4%
JP Morgan Chase
48
JP Morgan Chase
New York
$1.16M +$643K +18,474 +132%
SO
49
STRS Ohio
Ohio
$1.11M
State Board of Administration of Florida Retirement System
50
State Board of Administration of Florida Retirement System
Florida
$1.08M

MGRC Hedge Fund Activity: Q3 2013 in Review

90 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2013, worth a combined $825M — up 11% from $740M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of MGRC and 8 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 37 added.

The largest buyer was Edge Asset Management, adding an estimated $7.48M. The largest seller was KeyBank National Association, cutting an estimated $12.6M.

  • 90 institutional investors held McGrath RentCorp (MGRC) as of Q3 2013, down from 92 in Q2 2013.
  • Funds reported $825M of McGrath RentCorp stock for Q3 2013, up 11% quarter-over-quarter.
  • 8 funds opened new McGrath RentCorp positions in Q3 2013 and 9 closed out, a net change of -1 holder.
  • The largest McGrath RentCorp buyer in Q3 2013 was Edge Asset Management, an estimated $7.48M added.
  • The largest McGrath RentCorp seller in Q3 2013 was KeyBank National Association, an estimated $12.6M sold.

Based on aggregated 13F filings for Q3 2013.