McGrath RentCorp
MGRC
196 hedge funds and large institutions have $2.07B invested in McGrath RentCorp in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 66 increasing their positions, 74 reducing their positions, and 25 closing their positions.
9% more capital invested
Capital invested by funds: $1.89B → $2.07B (+$179M)
0.55% more ownership
Funds ownership: 83.45% → 84% (+0.55%)
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
1% less funds holding
Funds holding: 198 → 196 (-2)
11% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 74
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$21M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.3M |
| 3 |
ClearBridge Investments
New York
|
+$20M |
| 4 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$15M |
| 5 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$5.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
-$19.2M |
| 2 |
BlackRock
New York
|
-$15.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.62M |
| 4 |
Man Group
London,
United Kingdom
|
-$8.42M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$5.44M |
MGRC Hedge Fund Activity: Q3 2023 in Review
196 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2023, worth a combined $2.07B — up 9.5% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MGRC and 24 opened new positions — a net loss of 1 holder — while 74 trimmed existing stakes and 66 added.
The largest buyer was Franklin Resources, adding an estimated $21M. The largest seller was Ararat Capital Management, exiting entirely with an estimated $19.2M sold.
- 196 institutional investors held McGrath RentCorp (MGRC) as of Q3 2023, down from 198 in Q2 2023.
- Funds reported $2.07B of McGrath RentCorp stock for Q3 2023, up 9.5% quarter-over-quarter.
- 24 funds opened new McGrath RentCorp positions in Q3 2023 and 25 closed out, a net change of -1 holder.
- The largest McGrath RentCorp buyer in Q3 2023 was Franklin Resources, an estimated $21M added.
- The largest McGrath RentCorp seller in Q3 2023 was Ararat Capital Management, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2023.