McGrath RentCorp
MGRC
180 hedge funds and large institutions have $1.12B invested in McGrath RentCorp in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 69 increasing their positions, 52 reducing their positions, and 19 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 52
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
2% more funds holding
Funds holding: 176 → 180 (+4)
2.2% more ownership
Funds ownership: 82.93% → 85.13% (+2.2%)
11% less capital invested
Capital invested by funds: $1.26B → $1.12B (-$144M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.7M |
| 2 |
BC
Burney Company
Reston,
Virginia
|
+$5.69M |
| 3 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$4.33M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.2M |
| 5 |
SCA
Secor Capital Advisors
New York
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$13.6M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$9.88M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$4.81M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$4.29M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$3.86M |
MGRC Hedge Fund Activity: Q3 2018 in Review
180 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2018, worth a combined $1.12B — down 11% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MGRC positions and 19 closed out — a net gain of 4 holders — while 69 added to existing stakes and 52 trimmed.
The largest buyer was BlackRock, adding an estimated $13.7M. The largest seller was Franklin Resources, cutting an estimated $13.6M.
- 180 institutional investors held McGrath RentCorp (MGRC) as of Q3 2018, up from 176 in Q2 2018.
- Funds reported $1.12B of McGrath RentCorp stock for Q3 2018, down 11% quarter-over-quarter.
- 23 funds opened new McGrath RentCorp positions in Q3 2018 and 19 closed out, a net change of +4 holders.
- The largest McGrath RentCorp buyer in Q3 2018 was BlackRock, an estimated $13.7M added.
- The largest McGrath RentCorp seller in Q3 2018 was Franklin Resources, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2018.