McGrath RentCorp
MGRC
118 hedge funds and large institutions have $609M invested in McGrath RentCorp in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 34 increasing their positions, 39 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
22% more capital invested
Capital invested by funds: $498M → $609M (+$111M)
9% more funds holding
Funds holding: 108 → 118 (+10)
13% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$5.47M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$5.28M |
| 3 |
GXMC
Global X Management Company
New York
|
+$4.8M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$4.68M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$9M |
| 2 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$7.65M |
| 3 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$3.75M |
| 4 |
Millennium Management
New York
|
-$3.6M |
| 5 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$2.14M |
MGRC Hedge Fund Activity: Q2 2016 in Review
118 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q2 2016, worth a combined $609M — up 22% from $498M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MGRC positions and 11 closed out — a net gain of 12 holders — while 34 added to existing stakes and 39 trimmed.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $5.47M. The largest seller was Franklin Resources, cutting an estimated $9M.
- 118 institutional investors held McGrath RentCorp (MGRC) as of Q2 2016, up from 108 in Q1 2016.
- Funds reported $609M of McGrath RentCorp stock for Q2 2016, up 22% quarter-over-quarter.
- 23 funds opened new McGrath RentCorp positions in Q2 2016 and 11 closed out, a net change of +12 holders.
- The largest McGrath RentCorp buyer in Q2 2016 was Schroder Investment Management Group, an estimated $5.47M added.
- The largest McGrath RentCorp seller in Q2 2016 was Franklin Resources, an estimated $9M sold.
Based on aggregated 13F filings for Q2 2016.