McGrath RentCorp
MGRC
198 hedge funds and large institutions have $1.89B invested in McGrath RentCorp in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 71 increasing their positions, 77 reducing their positions, and 43 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.44% less ownership
Funds ownership: 83.89% → 83.45% (-0.44%)
3% less capital inflows, than outflows
Capital inflows: $149M | Capital outflows: $153M
8% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 77
11% less funds holding
Funds holding: 222 → 198 (-24)
56% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$36.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$17M |
| 3 |
Neumeier Poma Investment Counsel
Carmel,
California
|
+$12.8M |
| 4 |
River Road Asset Management
Louisville,
Kentucky
|
+$8.95M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$8.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$21.3M |
| 2 |
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$9.28M |
| 3 |
RK Capital Management (Colorado)
Denver,
Colorado
|
-$7.79M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$7.47M |
| 5 |
G2 Investment Partners Management
New York
|
-$7.17M |
MGRC Hedge Fund Activity: Q2 2023 in Review
198 of the 6,390 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q2 2023, worth a combined $1.89B — down 1.4% from $1.92B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MGRC and 19 opened new positions — a net loss of 24 holders — while 77 trimmed existing stakes and 71 added.
The largest buyer was Franklin Resources, adding an estimated $36.2M. The largest seller was Millennium Management, cutting an estimated $21.3M.
- 198 institutional investors held McGrath RentCorp (MGRC) as of Q2 2023, down from 222 in Q1 2023.
- Funds reported $1.89B of McGrath RentCorp stock for Q2 2023, down 1.4% quarter-over-quarter.
- 19 funds opened new McGrath RentCorp positions in Q2 2023 and 43 closed out, a net change of -24 holders.
- The largest McGrath RentCorp buyer in Q2 2023 was Franklin Resources, an estimated $36.2M added.
- The largest McGrath RentCorp seller in Q2 2023 was Millennium Management, an estimated $21.3M sold.
Based on aggregated 13F filings for Q2 2023.