McGrath RentCorp
MGRC
196 hedge funds and large institutions have $1.2B invested in McGrath RentCorp in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 85 reducing their positions, and 19 closing their positions.
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
9% more capital invested
Capital invested by funds: $1.1B → $1.2B (+$98.6M)
4% more funds holding
Funds holding: 189 → 196 (+7)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.54% less ownership
Funds ownership: 84.38% → 83.85% (-0.54%)
33% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 85
96% less call options, than puts
Call options by funds: $11K | Put options by funds: $250K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$21M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$8.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.55M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.74M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$9.2M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$8.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.94M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$4.88M |
| 5 |
BC
Burney Company
Reston,
Virginia
|
-$4.82M |
MGRC Hedge Fund Activity: Q3 2020 in Review
196 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2020, worth a combined $1.2B — up 9% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new MGRC positions and 19 closed out — a net gain of 7 holders — while 57 added to existing stakes and 85 trimmed.
The largest buyer was Atlanta Capital Management, opening a new position worth an estimated $21M. The largest seller was Renaissance Technologies, cutting an estimated $9.2M.
- 196 institutional investors held McGrath RentCorp (MGRC) as of Q3 2020, up from 189 in Q2 2020.
- Funds reported $1.2B of McGrath RentCorp stock for Q3 2020, up 9% quarter-over-quarter.
- 26 funds opened new McGrath RentCorp positions in Q3 2020 and 19 closed out, a net change of +7 holders.
- The largest McGrath RentCorp buyer in Q3 2020 was Atlanta Capital Management, an estimated $21M added.
- The largest McGrath RentCorp seller in Q3 2020 was Renaissance Technologies, an estimated $9.2M sold.
Based on aggregated 13F filings for Q3 2020.