McGrath RentCorp
MGRC
145 hedge funds and large institutions have $952M invested in McGrath RentCorp in 2017 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 50 increasing their positions, 46 reducing their positions, and 4 closing their positions.
550% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 4
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more funds holding
Funds holding: 123 → 145 (+22)
6% more capital invested
Capital invested by funds: $895M → $952M (+$57.1M)
9% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 46
0.94% less ownership
Funds ownership: 85.24% → 84.3% (-0.94%)
98% less call options, than puts
Call options by funds: $4K | Put options by funds: $263K
Top Buyers
| 1 |
Millennium Management
New York
|
+$12.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.55M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$2.46M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
+$1.67M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.6M |
Top Sellers
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$16.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$6.03M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$5.38M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$4.85M |
| 5 |
Bank of New York Mellon
New York
|
-$1.99M |
MGRC Hedge Fund Activity: Q4 2017 in Review
145 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q4 2017, worth a combined $952M — up 6.4% from $895M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new MGRC positions and 4 closed out — a net gain of 22 holders — while 50 added to existing stakes and 46 trimmed.
The largest buyer was Millennium Management, adding an estimated $12.2M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $16.7M.
- 145 institutional investors held McGrath RentCorp (MGRC) as of Q4 2017, up from 123 in Q3 2017.
- Funds reported $952M of McGrath RentCorp stock for Q4 2017, up 6.4% quarter-over-quarter.
- 26 funds opened new McGrath RentCorp positions in Q4 2017 and 4 closed out, a net change of +22 holders.
- The largest McGrath RentCorp buyer in Q4 2017 was Millennium Management, an estimated $12.2M added.
- The largest McGrath RentCorp seller in Q4 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2017.