McGrath RentCorp
MGRC
199 hedge funds and large institutions have $1.61B invested in McGrath RentCorp in 2019 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 62 increasing their positions, 75 reducing their positions, and 10 closing their positions.
240% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 10
13% more funds holding
Funds holding: 176 → 199 (+23)
9% more capital invested
Capital invested by funds: $1.47B → $1.61B (+$137M)
0.66% less ownership
Funds ownership: 87.26% → 86.6% (-0.66%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
17% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$12.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$11.5M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$11.4M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$10.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$19.8M |
| 2 |
Renaissance Technologies
New York
|
-$9.46M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$8.12M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$7.38M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Credit Agricole
Montrouge Cedex,
France
| – | -$1.83M | -26,370 | Closed |
|
|
WCM
202
Weld Capital Management
New York
| – | -$712K | -10,233 | Closed |
|
203
Voloridge Investment Management
Jupiter,
Florida
| – | -$666K | -9,575 | Closed |
|
204
Tudor Investment Corp
Stamford,
Connecticut
| – | -$626K | -8,998 | Closed |
|
|
WSC
205
Wellington Shields & Co
New York
| – | -$557K | -8,000 | Closed |
|
206
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$536K | -7,700 | Closed |
|
|
JIR
207
James Investment Research
Alpha,
Ohio
| – | -$264K | -3,790 | Closed |
|
|
QT
208
Quantamental Technologies
White Plains,
New York
| – | -$64K | -915 | Closed |
|
MGRC Hedge Fund Activity: Q4 2019 in Review
199 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q4 2019, worth a combined $1.61B — up 9.3% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new MGRC positions and 10 closed out — a net gain of 24 holders — while 62 added to existing stakes and 75 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $12.1M. The largest seller was Franklin Resources, cutting an estimated $19.8M.
- 199 institutional investors held McGrath RentCorp (MGRC) as of Q4 2019, up from 176 in Q3 2019.
- Funds reported $1.61B of McGrath RentCorp stock for Q4 2019, up 9.3% quarter-over-quarter.
- 34 funds opened new McGrath RentCorp positions in Q4 2019 and 10 closed out, a net change of +24 holders.
- The largest McGrath RentCorp buyer in Q4 2019 was Assenagon Asset Management, an estimated $12.1M added.
- The largest McGrath RentCorp seller in Q4 2019 was Franklin Resources, an estimated $19.8M sold.
Based on aggregated 13F filings for Q4 2019.