McGrath RentCorp
MGRC
100 hedge funds and large institutions have $714M invested in McGrath RentCorp in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 20 reducing their positions, and 7 closing their positions.
135% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 20
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
6% more funds holding
Funds holding: 94 → 100 (+6)
10% less capital invested
Capital invested by funds: $792M → $714M (-$77.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$8.27M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$8.03M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.05M |
| 4 |
Renaissance Technologies
New York
|
+$2.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$15.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$7.71M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$6.72M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$5.61M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$5.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSA
101
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$6.72M | -187,500 | Closed |
|
|
102
Principal Financial Group
Des Moines,
Iowa
| – | -$5.61M | -156,363 | Closed |
|
|
GIM
103
Granahan Investment Management
Waltham,
Massachusetts
| – | -$4.07M | -113,477 | Closed |
|
104
Luther King Capital Management (LKCM)
Fort Worth,
Texas
| – | -$717K | -20,000 | Closed |
|
105
AQR Capital Management
Greenwich,
Connecticut
| – | -$258K | -7,183 | Closed |
|
106
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$222K | -6,177 | Closed |
|
107
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$104K | -2,888 | Closed |
|
MGRC Hedge Fund Activity: Q1 2015 in Review
100 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q1 2015, worth a combined $714M — down 9.8% from $792M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MGRC positions and 7 closed out — a net gain of 6 holders — while 47 added to existing stakes and 20 trimmed.
The largest buyer was Edge Asset Management, adding an estimated $8.27M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $15.3M.
- 100 institutional investors held McGrath RentCorp (MGRC) as of Q1 2015, up from 94 in Q4 2014.
- Funds reported $714M of McGrath RentCorp stock for Q1 2015, down 9.8% quarter-over-quarter.
- 13 funds opened new McGrath RentCorp positions in Q1 2015 and 7 closed out, a net change of +6 holders.
- The largest McGrath RentCorp buyer in Q1 2015 was Edge Asset Management, an estimated $8.27M added.
- The largest McGrath RentCorp seller in Q1 2015 was Columbia Wanger Asset Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2015.