McGrath RentCorp
MGRC
222 hedge funds and large institutions have $1.92B invested in McGrath RentCorp in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 83 increasing their positions, 65 reducing their positions, and 20 closing their positions.
75% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 20
28% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 65
7% more funds holding
Funds holding: 208 → 222 (+14)
3% more capital invested
Capital invested by funds: $1.86B → $1.92B (+$50.7M)
1% more ownership
Funds ownership: 82.89% → 83.89% (+1%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
Top Sellers
| 1 |
Charles Schwab
San Francisco,
California
|
-$38.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$17.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$14.1M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$8.05M |
| 5 |
Man Group
London,
United Kingdom
|
-$5.02M |
MGRC Hedge Fund Activity: Q1 2023 in Review
222 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q1 2023, worth a combined $1.92B — up 2.7% from $1.86B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MGRC positions and 20 closed out — a net gain of 15 holders — while 83 added to existing stakes and 65 trimmed.
The largest buyer was BlackRock, adding an estimated $10.7M. The largest seller was Charles Schwab, cutting an estimated $38.2M.
- 222 institutional investors held McGrath RentCorp (MGRC) as of Q1 2023, up from 208 in Q4 2022.
- Funds reported $1.92B of McGrath RentCorp stock for Q1 2023, up 2.7% quarter-over-quarter.
- 35 funds opened new McGrath RentCorp positions in Q1 2023 and 20 closed out, a net change of +15 holders.
- The largest McGrath RentCorp buyer in Q1 2023 was BlackRock, an estimated $10.7M added.
- The largest McGrath RentCorp seller in Q1 2023 was Charles Schwab, an estimated $38.2M sold.
Based on aggregated 13F filings for Q1 2023.