McGrath RentCorp
MGRC
189 hedge funds and large institutions have $1.1B invested in McGrath RentCorp in 2020 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 69 increasing their positions, 58 reducing their positions, and 35 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 58
2% more capital invested
Capital invested by funds: $1.08B → $1.1B (+$21.6M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.4% less ownership
Funds ownership: 84.78% → 84.38% (-0.4%)
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
3% less funds holding
Funds holding: 194 → 189 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$10.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.92M |
| 3 |
HAM
Hillcrest Asset Management
Plano,
Texas
|
+$7.65M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$7.11M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$5.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.91M |
| 3 |
Renaissance Technologies
New York
|
-$7.1M |
| 4 |
BlackRock
New York
|
-$5.97M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$4.96M |
MGRC Hedge Fund Activity: Q2 2020 in Review
189 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q2 2020, worth a combined $1.1B — up 2% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of MGRC and 32 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 69 added.
The largest buyer was Loomis, Sayles & Company, adding an estimated $10.7M. The largest seller was Wellington Management Group, cutting an estimated $10.8M.
- 189 institutional investors held McGrath RentCorp (MGRC) as of Q2 2020, down from 194 in Q1 2020.
- Funds reported $1.1B of McGrath RentCorp stock for Q2 2020, up 2% quarter-over-quarter.
- 32 funds opened new McGrath RentCorp positions in Q2 2020 and 35 closed out, a net change of -3 holders.
- The largest McGrath RentCorp buyer in Q2 2020 was Loomis, Sayles & Company, an estimated $10.7M added.
- The largest McGrath RentCorp seller in Q2 2020 was Wellington Management Group, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2020.