McGrath RentCorp
MGRC
89 hedge funds and large institutions have $761M invested in McGrath RentCorp in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 11 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
5% less funds holding
Funds holding: 94 → 89 (-5)
12% less capital invested
Capital invested by funds: $869M → $761M (-$108M)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$6.87M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$6.66M |
| 3 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$4.87M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$4.58M |
| 5 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$16.3M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.25M |
| 3 |
Natixis Advisors
Boston,
Massachusetts
|
-$3.11M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$1.81M |
| 5 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$1.68M |
MGRC Hedge Fund Activity: Q1 2014 in Review
89 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q1 2014, worth a combined $761M — down 12% from $869M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MGRC and 7 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 35 added.
The largest buyer was TimesSquare Capital Management, adding an estimated $6.87M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $16.3M sold.
- 89 institutional investors held McGrath RentCorp (MGRC) as of Q1 2014, down from 94 in Q4 2013.
- Funds reported $761M of McGrath RentCorp stock for Q1 2014, down 12% quarter-over-quarter.
- 7 funds opened new McGrath RentCorp positions in Q1 2014 and 11 closed out, a net change of -4 holders.
- The largest McGrath RentCorp buyer in Q1 2014 was TimesSquare Capital Management, an estimated $6.87M added.
- The largest McGrath RentCorp seller in Q1 2014 was Vaughan Nelson Investment Management, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2014.