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McGrath RentCorp

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.

New
Increased
Maintained
Reduced
Closed

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: 12 (+1)

23% more capital invested

Capital invested by funds: $494M → $609M (+$115M)

9% more funds holding

Funds holding: 108118 (+10)

13% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 39

Holders
118
Holders Change
+10
Holders Change %
+9.26%
% of All Funds
3.15%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
23
Increased
34
Reduced
39
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$71.3M -$127K -4,700 -0.2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$50M +$1.72M +63,570 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$48.6M -$201K -7,434 -0.5%
Franklin Resources
4
Franklin Resources
California
$48.1M -$9M -333,600 -17%
DRZID
5
DePrince Race & Zollo Inc (DRZ)
Florida
$41.5M +$4.18M +154,966 +13%
Brown Advisory
6
Brown Advisory
Maryland
$38.6M +$4.68M +173,600 +16%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$26.2M -$13.6K -503 -0.1%
WC
8
Walthausen & Co
New York
$22.7M -$95.5K -3,540 -0.5%
Allianz Asset Management
9
Allianz Asset Management
Germany
$21.4M +$280K +10,375 +2%
BIT
10
BlackRock Institutional Trust
California
$18.6M -$804K -29,816 -5%
BFA
11
BlackRock Fund Advisors
California
$17M +$62.8K +2,326 +0.4%
EA
12
Emerald Acquisition
Washington
$15.4M +$13.6M +504,143 New
SAM
13
Skyline Asset Management
Illinois
$15.3M -$2.14M -79,400 -14%
State Street
14
State Street
Massachusetts
$13.4M -$434K -16,095 -4%
Norges Bank
15
Norges Bank
Norway
$12.1M +$5.28M +195,541 +98%
Northern Trust
16
Northern Trust
Illinois
$10.8M +$9.31K +345 +0.1%
RA
17
Royce & Associates
New York
$9.8M
LCP
18
Lombardia Capital Partners
California
$9.65M -$1.59M -59,037 -16%
Schroder Investment Management Group
19
Schroder Investment Management Group
United Kingdom
$6.21M +$5.47M +202,885 New
GXMC
20
Global X Management Company
New York
$5.44M +$4.8M +177,771 New
BCM
21
Bridgeway Capital Management
Texas
$5.39M
Renaissance Technologies
22
Renaissance Technologies
New York
$5.06M -$1.91M -70,795 -30%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$4.97M -$26.7K -989 -0.6%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$4.6M +$1.99M +73,576 +96%
HM
25
HCSF Management
California
$4.31M +$3.8M +141,000 New

MGRC Hedge Fund Activity: Q2 2016 in Review

118 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q2 2016, worth a combined $609M — up 23% from $494M 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 23% 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.