McGrath RentCorp
MGRC
177 hedge funds and large institutions have $1.17B invested in McGrath RentCorp in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 67 increasing their positions, 63 reducing their positions, and 29 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more capital invested
Capital invested by funds: $1.06B → $1.17B (+$112M)
6% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 63
0.45% more ownership
Funds ownership: 85.35% → 85.8% (+0.45%)
7% less funds holding
Funds holding: 190 → 177 (-13)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $209K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$8.29M |
| 2 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$8.08M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.01M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$3.85M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$7.81M |
| 2 |
Goldman Sachs
New York
|
-$2.84M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.71M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.67M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$2.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$4K | -87 | Closed |
|
202
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -59 | Closed |
|
|
VNA
203
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$2K | -42 | Closed |
|
|
DA
204
Denali Advisors
San Diego,
California
| – | -$1K | -27 | Closed |
|
205
AssetMark Inc
Concord,
California
| – | -$1K | -23 | Closed |
|
MGRC Hedge Fund Activity: Q1 2019 in Review
177 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q1 2019, worth a combined $1.17B — up 11% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of MGRC and 16 opened new positions — a net loss of 13 holders — while 63 trimmed existing stakes and 67 added.
The largest buyer was Redwood Investments, opening a new position worth an estimated $8.29M. The largest seller was Brown Advisory, cutting an estimated $7.81M.
- 177 institutional investors held McGrath RentCorp (MGRC) as of Q1 2019, down from 190 in Q4 2018.
- Funds reported $1.17B of McGrath RentCorp stock for Q1 2019, up 11% quarter-over-quarter.
- 16 funds opened new McGrath RentCorp positions in Q1 2019 and 29 closed out, a net change of -13 holders.
- The largest McGrath RentCorp buyer in Q1 2019 was Redwood Investments, an estimated $8.29M added.
- The largest McGrath RentCorp seller in Q1 2019 was Brown Advisory, an estimated $7.81M sold.
Based on aggregated 13F filings for Q1 2019.