McGrath RentCorp
MGRC
123 hedge funds and large institutions have $618M invested in McGrath RentCorp in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 32 reducing their positions, and 12 closing their positions.
289% more call options, than puts
Call options by funds: $1.31M | Put options by funds: $336K
53% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 32
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
4% more funds holding
Funds holding: 118 → 123 (+5)
2% more capital invested
Capital invested by funds: $609M → $618M (+$9.45M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$15.4M |
| 2 |
Renaissance Technologies
New York
|
+$5.29M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.26M |
| 4 |
Goldman Sachs
New York
|
+$4.2M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$2.7M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Balyasny Asset Management
Chicago,
Illinois
| – | -$358K | -11,718 | Closed |
|
127
JP Morgan Chase
New York
| – | -$296K | -9,670 | Closed |
|
|
ARTA
128
A.R.T. Advisors
New York
| – | -$222K | -7,276 | Closed |
|
129
Teacher Retirement System of Texas
Austin,
Texas
| – | -$97K | -3,165 | Closed |
|
130
Walleye Trading
New York
| – | -$40K | -1,300 | Closed |
|
|
CG
131
Cutler Group
San Francisco,
California
| – | -$35K | -1,160 | Closed |
|
132
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5K | -137 | Closed |
|
|
LTFS
133
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -46 | Closed |
|
MGRC Hedge Fund Activity: Q3 2016 in Review
123 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2016, worth a combined $618M — up 1.6% from $609M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MGRC positions and 12 closed out — a net gain of 5 holders — while 49 added to existing stakes and 32 trimmed.
The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $15.4M. The largest seller was Allianz Asset Management, cutting an estimated $21.7M.
- 123 institutional investors held McGrath RentCorp (MGRC) as of Q3 2016, up from 118 in Q2 2016.
- Funds reported $618M of McGrath RentCorp stock for Q3 2016, up 1.6% quarter-over-quarter.
- 17 funds opened new McGrath RentCorp positions in Q3 2016 and 12 closed out, a net change of +5 holders.
- The largest McGrath RentCorp buyer in Q3 2016 was Silvercrest Asset Management, an estimated $15.4M added.
- The largest McGrath RentCorp seller in Q3 2016 was Allianz Asset Management, an estimated $21.7M sold.
Based on aggregated 13F filings for Q3 2016.