McGrath RentCorp
MGRC
90 hedge funds and large institutions have $819M invested in McGrath RentCorp in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 9 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
9% more capital invested
Capital invested by funds: $749M → $819M (+$69.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 92 → 90 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$4.5M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.67M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.1M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$1.64M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
-$12.6M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$5.31M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.07M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.3M |
MGRC Hedge Fund Activity: Q3 2013 in Review
90 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2013, worth a combined $819M — up 9.3% from $749M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MGRC and 8 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 37 added.
The largest buyer was Skyline Asset Management, adding an estimated $4.5M. The largest seller was KeyBank National Association, cutting an estimated $12.6M.
- 90 institutional investors held McGrath RentCorp (MGRC) as of Q3 2013, down from 92 in Q2 2013.
- Funds reported $819M of McGrath RentCorp stock for Q3 2013, up 9.3% quarter-over-quarter.
- 8 funds opened new McGrath RentCorp positions in Q3 2013 and 9 closed out, a net change of -1 holder.
- The largest McGrath RentCorp buyer in Q3 2013 was Skyline Asset Management, an estimated $4.5M added.
- The largest McGrath RentCorp seller in Q3 2013 was KeyBank National Association, an estimated $12.6M sold.
Based on aggregated 13F filings for Q3 2013.