McGrath RentCorp
MGRC
185 hedge funds and large institutions have $1.62B invested in McGrath RentCorp in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 58 increasing their positions, 74 reducing their positions, and 26 closing their positions.
407% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $218K
19% more capital invested
Capital invested by funds: $1.37B → $1.62B (+$255M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.88% less ownership
Funds ownership: 84.29% → 83.41% (-0.88%)
4% less funds holding
Funds holding: 193 → 185 (-8)
22% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 74
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$28M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$23.8M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$10.9M |
| 4 |
Millennium Management
New York
|
+$5.84M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$4.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$10.2M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$9.96M |
| 3 |
RA
Royce & Associates
New York
|
-$7.19M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$6.61M |
| 5 |
BlackRock
New York
|
-$6.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
201
ALPS Advisors
Denver,
Colorado
| – | -$291K | -4,334 | Closed |
|
|
IA
202
IndexIQ Advisors
New York
| – | -$268K | -3,999 | Closed |
|
|
ACM
203
AlphaCrest Capital Management
New York
| – | -$262K | -3,900 | Closed |
|
|
EA
204
Elm Advisors
Burlingame,
California
| – | -$161K | -2,400 | Closed |
|
205
Group One Trading
Chicago,
Illinois
| – | -$169K | -2,200 | Closed |
|
206
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$121K | -1,800 | Closed |
|
|
SL
207
Savior LLC
Wellesley Hills,
Massachusetts
| – | -$53K | -785 | Closed |
|
MGRC Hedge Fund Activity: Q1 2021 in Review
185 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q1 2021, worth a combined $1.62B — up 19% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of MGRC and 20 opened new positions — a net loss of 6 holders — while 74 trimmed existing stakes and 58 added.
The largest buyer was Schroder Investment Management Group, adding an estimated $28M. The largest seller was Northern Trust, cutting an estimated $10.2M.
- 185 institutional investors held McGrath RentCorp (MGRC) as of Q1 2021, down from 193 in Q4 2020.
- Funds reported $1.62B of McGrath RentCorp stock for Q1 2021, up 19% quarter-over-quarter.
- 20 funds opened new McGrath RentCorp positions in Q1 2021 and 26 closed out, a net change of -6 holders.
- The largest McGrath RentCorp buyer in Q1 2021 was Schroder Investment Management Group, an estimated $28M added.
- The largest McGrath RentCorp seller in Q1 2021 was Northern Trust, an estimated $10.2M sold.
Based on aggregated 13F filings for Q1 2021.