McGrath RentCorp
MGRC
94 hedge funds and large institutions have $792M invested in McGrath RentCorp in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 10 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 31
5% more capital invested
Capital invested by funds: $758M → $792M (+$34.4M)
3% less funds holding
Funds holding: 97 → 94 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$12.1M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$5.97M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.25M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.33M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$15.5M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$9.84M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$8.16M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$1.39M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$996K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFC
101
Regions Financial Corp
Birmingham,
Alabama
| – | -$262K | -7,675 | Closed |
|
|
PP
102
PDT Partners
New York
| – | -$257K | -7,500 | Closed |
|
|
IMS
103
Index Management Solutions
Philadelphia,
Pennsylvania
| – | -$248K | -7,262 | Closed |
|
104
BNP Paribas Financial Markets
Paris,
France
| – | -$53.2K | -1,557 | Closed |
|
MGRC Hedge Fund Activity: Q4 2014 in Review
94 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q4 2014, worth a combined $792M — up 4.5% from $758M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MGRC and 8 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 33 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $12.1M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $15.5M.
- 94 institutional investors held McGrath RentCorp (MGRC) as of Q4 2014, down from 97 in Q3 2014.
- Funds reported $792M of McGrath RentCorp stock for Q4 2014, up 4.5% quarter-over-quarter.
- 8 funds opened new McGrath RentCorp positions in Q4 2014 and 10 closed out, a net change of -2 holders.
- The largest McGrath RentCorp buyer in Q4 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $12.1M added.
- The largest McGrath RentCorp seller in Q4 2014 was Columbia Wanger Asset Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2014.