McGrath RentCorp
MGRC
167 hedge funds and large institutions have $1.31B invested in McGrath RentCorp in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 58 increasing their positions, 59 reducing their positions, and 22 closing their positions.
12% more capital invested
Capital invested by funds: $1.17B → $1.31B (+$140M)
1.38% more ownership
Funds ownership: 85.8% → 87.18% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 59
6% less funds holding
Funds holding: 177 → 167 (-10)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $292K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.9M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$9.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$6.6M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$5.95M |
| 5 |
BlackRock
New York
|
+$5.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.86M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.71M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.13M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$3.93M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.67M |
MGRC Hedge Fund Activity: Q2 2019 in Review
167 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q2 2019, worth a combined $1.31B — up 12% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of MGRC and 14 opened new positions — a net loss of 8 holders — while 59 trimmed existing stakes and 58 added.
The largest buyer was Wellington Management Group, adding an estimated $17.9M. The largest seller was Millennium Management, cutting an estimated $6.86M.
- 167 institutional investors held McGrath RentCorp (MGRC) as of Q2 2019, down from 177 in Q1 2019.
- Funds reported $1.31B of McGrath RentCorp stock for Q2 2019, up 12% quarter-over-quarter.
- 14 funds opened new McGrath RentCorp positions in Q2 2019 and 22 closed out, a net change of -8 holders.
- The largest McGrath RentCorp buyer in Q2 2019 was Wellington Management Group, an estimated $17.9M added.
- The largest McGrath RentCorp seller in Q2 2019 was Millennium Management, an estimated $6.86M sold.
Based on aggregated 13F filings for Q2 2019.