McGrath RentCorp
MGRC
93 hedge funds and large institutions have $823M invested in McGrath RentCorp in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 35 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
8% more capital invested
Capital invested by funds: $762M → $823M (+$61.2M)
4% more funds holding
Funds holding: 89 → 93 (+4)
3% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$7.81M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$5.07M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.32M |
| 4 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$4.13M |
| 5 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$3.73M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.8M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$1.49M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$1.38M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$1.33M |
MGRC Hedge Fund Activity: Q2 2014 in Review
93 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q2 2014, worth a combined $823M — up 8% from $762M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MGRC positions and 6 closed out — a net gain of 4 holders — while 34 added to existing stakes and 35 trimmed.
The largest buyer was Norges Bank, adding an estimated $7.81M. The largest seller was Victory Capital Management, cutting an estimated $3.73M.
- 93 institutional investors held McGrath RentCorp (MGRC) as of Q2 2014, up from 89 in Q1 2014.
- Funds reported $823M of McGrath RentCorp stock for Q2 2014, up 8% quarter-over-quarter.
- 10 funds opened new McGrath RentCorp positions in Q2 2014 and 6 closed out, a net change of +4 holders.
- The largest McGrath RentCorp buyer in Q2 2014 was Norges Bank, an estimated $7.81M added.
- The largest McGrath RentCorp seller in Q2 2014 was Victory Capital Management, an estimated $3.73M sold.
Based on aggregated 13F filings for Q2 2014.