McGrath RentCorp
MGRC
176 hedge funds and large institutions have $1.47B invested in McGrath RentCorp in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 64 increasing their positions, 57 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
12% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 57
12% more capital invested
Capital invested by funds: $1.31B → $1.47B (+$159M)
5% more funds holding
Funds holding: 167 → 176 (+9)
0.08% more ownership
Funds ownership: 87.18% → 87.26% (+0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$9.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.58M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$4.75M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.2M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$21.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$6.1M |
| 3 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$5.5M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$5.21M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
176
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$3.91M | -62,957 | Closed |
|
177
American Century Companies
Kansas City,
Missouri
| – | -$2.51M | -40,379 | Closed |
|
|
AG
178
Algert Global
San Francisco,
California
| – | -$2.33M | -37,431 | Closed |
|
|
KCM
179
Kennedy Capital Management
St Louis,
Missouri
| – | -$2.26M | -36,424 | Closed |
|
|
BIM
180
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$1.09M | -17,469 | Closed |
|
181
Asset Management One
Tokyo,
Japan
| – | -$933K | -15,020 | Closed |
|
182
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$238K | -3,839 | Closed |
|
|
USAA
183
United Services Automobile Association
San Antonio,
Texas
| – | -$226K | -3,639 | Closed |
|
|
OSIA
184
O'Shares Investment Advisers
Boston,
Massachusetts
| – | -$216K | -3,473 | Closed |
|
|
DA
185
Denali Advisors
San Diego,
California
| – | -$106K | -1,700 | Closed |
|
|
PHK
186
Point72 Hong Kong
Hong Kong
| – | -$2K | -29 | Closed |
|
MGRC Hedge Fund Activity: Q3 2019 in Review
176 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2019, worth a combined $1.47B — up 12% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MGRC positions and 11 closed out — a net gain of 9 holders — while 64 added to existing stakes and 57 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $9.8M. The largest seller was Franklin Resources, cutting an estimated $21.6M.
- 176 institutional investors held McGrath RentCorp (MGRC) as of Q3 2019, up from 167 in Q2 2019.
- Funds reported $1.47B of McGrath RentCorp stock for Q3 2019, up 12% quarter-over-quarter.
- 20 funds opened new McGrath RentCorp positions in Q3 2019 and 11 closed out, a net change of +9 holders.
- The largest McGrath RentCorp buyer in Q3 2019 was Loomis, Sayles & Company, an estimated $9.8M added.
- The largest McGrath RentCorp seller in Q3 2019 was Franklin Resources, an estimated $21.6M sold.
Based on aggregated 13F filings for Q3 2019.