McGrath RentCorp
MGRC
121 hedge funds and large institutions have $703M invested in McGrath RentCorp in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 14 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 42
4% more capital invested
Capital invested by funds: $675M → $703M (+$27.6M)
0.66% more ownership
Funds ownership: 83.96% → 84.63% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 127 → 121 (-6)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$3.81M |
| 2 |
HM
HCSF Management
San Francisco,
California
|
+$3.58M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$2.67M |
| 4 |
Asset Management One
Tokyo,
Japan
|
+$1.98M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$1.91M |
Top Sellers
| 1 |
Bank of New York Mellon
New York
|
-$4.18M |
| 2 |
Millennium Management
New York
|
-$3.32M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$3.3M |
| 4 |
Two Sigma Investments
New York
|
-$1.05M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$989K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIMCA
126
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$480K | -14,300 | Closed |
|
|
SGI
127
Summit Global Investments
Bountiful,
Utah
| – | -$470K | -14,000 | Closed |
|
|
HHC
128
Hutchin Hill Capital
New York
| – | -$457K | -13,600 | Closed |
|
|
LA
129
Lucus Advisors
New York
| – | -$414K | -12,326 | Closed |
|
|
DTL
130
Dynamic Technology Lab
Singapore
| – | -$360K | -10,722 | Closed |
|
|
MCM
131
McKinley Capital Management
Anchorage,
Alaska
| – | -$261K | -7,769 | Closed |
|
|
AP
132
AHL Partners
London,
United Kingdom
| – | -$242K | -7,220 | Closed |
|
|
AL
133
Airain Ltd
St. Peter Port,
Guernsey
| – | -$201K | -5,986 | Closed |
|
134
Acadian Asset Management
Boston,
Massachusetts
| – | -$52K | -1,563 | Closed |
|
|
CG
135
Cutler Group
San Francisco,
California
| – | -$6K | -182 | Closed |
|
MGRC Hedge Fund Activity: Q2 2017 in Review
121 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q2 2017, worth a combined $703M — up 4.1% from $675M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MGRC and 8 opened new positions — a net loss of 6 holders — while 42 trimmed existing stakes and 47 added.
The largest buyer was Chartwell Investment Partners, opening a new position worth an estimated $3.81M. The largest seller was Bank of New York Mellon, cutting an estimated $4.18M.
- 121 institutional investors held McGrath RentCorp (MGRC) as of Q2 2017, down from 127 in Q1 2017.
- Funds reported $703M of McGrath RentCorp stock for Q2 2017, up 4.1% quarter-over-quarter.
- 8 funds opened new McGrath RentCorp positions in Q2 2017 and 14 closed out, a net change of -6 holders.
- The largest McGrath RentCorp buyer in Q2 2017 was Chartwell Investment Partners, an estimated $3.81M added.
- The largest McGrath RentCorp seller in Q2 2017 was Bank of New York Mellon, an estimated $4.18M sold.
Based on aggregated 13F filings for Q2 2017.