McGrath RentCorp
MGRC
194 hedge funds and large institutions have $1.08B invested in McGrath RentCorp in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 56 increasing their positions, 79 reducing their positions, and 28 closing their positions.
1.82% less ownership
Funds ownership: 86.6% → 84.78% (-1.8%)
3% less funds holding
Funds holding: 199 → 194 (-5)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
29% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 79
33% less capital invested
Capital invested by funds: $1.61B → $1.08B (-$530M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$10.9M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.25M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$8.57M |
| 4 |
BlackRock
New York
|
+$6.36M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$5.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$15.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.7M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$11.5M |
| 4 |
Morgan Stanley
New York
|
-$8.68M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$5.61M |
MGRC Hedge Fund Activity: Q1 2020 in Review
194 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q1 2020, worth a combined $1.08B — down 33% from $1.61B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MGRC and 25 opened new positions — a net loss of 3 holders — while 79 trimmed existing stakes and 56 added.
The largest buyer was Loomis, Sayles & Company, adding an estimated $10.9M. The largest seller was SG Capital Management, cutting an estimated $15.8M.
- 194 institutional investors held McGrath RentCorp (MGRC) as of Q1 2020, down from 199 in Q4 2019.
- Funds reported $1.08B of McGrath RentCorp stock for Q1 2020, down 33% quarter-over-quarter.
- 25 funds opened new McGrath RentCorp positions in Q1 2020 and 28 closed out, a net change of -3 holders.
- The largest McGrath RentCorp buyer in Q1 2020 was Loomis, Sayles & Company, an estimated $10.9M added.
- The largest McGrath RentCorp seller in Q1 2020 was SG Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2020.