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McGrath RentCorp

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.

New
Increased
Maintained
Reduced
Closed

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: 208222 (+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: 43 (-1)

Holders
222
Holders Change
+14
Holders Change %
+6.73%
% of All Funds
3.54%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
35
Increased
83
Reduced
65
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$249M +$4.12M +41,636 +2%
BlackRock
2
BlackRock
New York
$199M +$10.7M +108,150 +5%
Franklin Resources
3
Franklin Resources
California
$134M -$17.3M -174,611 -11%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$119M -$4.14M -41,835 -3%
Victory Capital Management
5
Victory Capital Management
Texas
$97.4M -$14.1M -142,507 -12%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$82M +$6.61M +66,890 +8%
RRAM
7
River Road Asset Management
Kentucky
$64.7M -$433K -4,378 -0.6%
SAM
8
Silvercrest Asset Management
New York
$60.2M -$833K -8,430 -1%
Loomis, Sayles & Company
9
Loomis, Sayles & Company
Massachusetts
$53.1M +$1.31M +13,292 +2%
State Street
10
State Street
Massachusetts
$49.3M +$3.13M +31,625 +6%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$44.3M +$2.44M +24,671 +5%
Morgan Stanley
12
Morgan Stanley
New York
$43.1M -$634K -6,417 -1%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$42.4M +$9.52M +96,331 +27%
SCM
14
Snyder Capital Management
California
$40M +$4.61M +46,588 +12%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$38.1M +$6.08M +61,519 +18%
Northern Trust
16
Northern Trust
Illinois
$38.1M +$781K +7,895 +2%
Millennium Management
17
Millennium Management
New York
$30.5M -$4.15M -42,005 -11%
Public Employees Retirement Association of Colorado
18
Public Employees Retirement Association of Colorado
Colorado
$26.3M +$282K +2,850 +1%
Charles Schwab
19
Charles Schwab
California
$24M -$38.2M -385,962 -60%
American Century Companies
20
American Century Companies
Missouri
$22.9M +$673K +6,804 +3%
ACM
21
Ararat Capital Management
Connecticut
$22.4M +$316K +3,200 +1%
Norges Bank
22
Norges Bank
Norway
$22.3M +$2.2M +22,220 +10%
N
23
Nuveen
North Carolina
$18.5M +$2.29M +23,169 +13%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$17.3M +$124K +1,253 +0.7%
SCM
25
SG Capital Management
Illinois
$16.1M -$8.05M -81,457 -32%

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.