McGrath RentCorp
MGRC
157 hedge funds and large institutions have $1.08B invested in McGrath RentCorp in 2018 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 55 reducing their positions, and 16 closing their positions.
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
14% more capital invested
Capital invested by funds: $952M → $1.08B (+$132M)
8% more funds holding
Funds holding: 145 → 157 (+12)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.35% less ownership
Funds ownership: 84.3% → 83.94% (-0.35%)
16% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$18.1M |
| 2 |
Renaissance Technologies
New York
|
+$6.1M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$4.66M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$4.16M |
| 5 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$4.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$22.2M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$10.4M |
| 3 |
Bank of New York Mellon
New York
|
-$4.93M |
| 4 |
State Street
Boston,
Massachusetts
|
-$2.57M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.47M |
MGRC Hedge Fund Activity: Q1 2018 in Review
157 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q1 2018, worth a combined $1.08B — up 14% from $952M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new MGRC positions and 16 closed out — a net gain of 14 holders — while 46 added to existing stakes and 55 trimmed.
The largest buyer was Franklin Resources, adding an estimated $18.1M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $22.2M.
- 157 institutional investors held McGrath RentCorp (MGRC) as of Q1 2018, up from 145 in Q4 2017.
- Funds reported $1.08B of McGrath RentCorp stock for Q1 2018, up 14% quarter-over-quarter.
- 30 funds opened new McGrath RentCorp positions in Q1 2018 and 16 closed out, a net change of +14 holders.
- The largest McGrath RentCorp buyer in Q1 2018 was Franklin Resources, an estimated $18.1M added.
- The largest McGrath RentCorp seller in Q1 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $22.2M sold.
Based on aggregated 13F filings for Q1 2018.