McGrath RentCorp
MGRC
130 hedge funds and large institutions have $775M invested in McGrath RentCorp in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 37 reducing their positions, and 9 closing their positions.
655% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $216K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
82.74% more ownership
Funds ownership: 0% → 82.74% (+83%)
43% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 37
25% more capital invested
Capital invested by funds: $618M → $775M (+$157M)
6% more funds holding
Funds holding: 123 → 130 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.24M |
| 2 |
HM
HCSF Management
San Francisco,
California
|
+$4.08M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.08M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$3.76M |
| 5 |
Renaissance Technologies
New York
|
+$3.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.8M |
| 2 |
Bank of New York Mellon
New York
|
-$6.82M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$6.43M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$6.37M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIM
126
Jupiter Investment Management
London,
United Kingdom
| $14K | +$13.2K | +378 | New |
|
127
Barclays
London,
United Kingdom
| $13K | -$7.02K | -201 | -39% |
|
|
IA
128
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
VCM
129
Versant Capital Management
Phoenix,
Arizona
| $1K | – | – | – |
|
|
130
Schroder Investment Management Group
London,
United Kingdom
| – | -$6.43M | -202,885 | Closed |
|
|
131
Arrowstreet Capital
Boston,
Massachusetts
| – | -$4.85M | -152,854 | Closed |
|
|
LCP
132
Lombardia Capital Partners
Pasadena,
California
| – | -$2.38M | -75,050 | Closed |
|
|
DC
133
Deere & Company
Moline,
Illinois
| – | -$506K | -15,956 | Closed |
|
134
Daiwa Securities Group
Tokyo,
Japan
| – | -$444K | -14,000 | Closed |
|
|
SCM
135
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$291K | -9,192 | Closed |
|
|
SLG
136
Stanley-Laman Group
Berwyn,
Pennsylvania
| – | -$257K | -8,092 | Closed |
|
|
HCM
137
Highbridge Capital Management
New York
| – | -$211K | -6,668 | Closed |
|
138
SG Americas Securities
New York
| – | -$158K | -4,994 | Closed |
|
MGRC Hedge Fund Activity: Q4 2016 in Review
130 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q4 2016, worth a combined $775M — up 25% from $618M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MGRC positions and 9 closed out — a net gain of 8 holders — while 53 added to existing stakes and 37 trimmed.
The largest buyer was Vanguard Group, adding an estimated $4.24M. The largest seller was T. Rowe Price Associates, cutting an estimated $10.8M.
- 130 institutional investors held McGrath RentCorp (MGRC) as of Q4 2016, up from 123 in Q3 2016.
- Funds reported $775M of McGrath RentCorp stock for Q4 2016, up 25% quarter-over-quarter.
- 17 funds opened new McGrath RentCorp positions in Q4 2016 and 9 closed out, a net change of +8 holders.
- The largest McGrath RentCorp buyer in Q4 2016 was Vanguard Group, an estimated $4.24M added.
- The largest McGrath RentCorp seller in Q4 2016 was T. Rowe Price Associates, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2016.