McGrath RentCorp
MGRC
219 hedge funds and large institutions have $2.69B invested in McGrath RentCorp in 2024 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 57 increasing their positions, 88 reducing their positions, and 52 closing their positions.
2,467% more call options, than puts
Call options by funds: $308K | Put options by funds: $12K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% more capital invested
Capital invested by funds: $2.56B → $2.69B (+$135M)
1.93% more ownership
Funds ownership: 87.21% → 89.15% (+1.9%)
8% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 52
3% less funds holding
Funds holding: 225 → 219 (-6)
35% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$83.7M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$82.4M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$78.3M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$65.9M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$88M |
| 2 |
Morgan Stanley
New York
|
-$72.5M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$60.6M |
| 4 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$53.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$42.6M |
MGRC Hedge Fund Activity: Q1 2024 in Review
219 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q1 2024, worth a combined $2.69B — up 5.3% from $2.56B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of MGRC and 48 opened new positions — a net loss of 4 holders — while 88 trimmed existing stakes and 57 added.
The largest buyer was Balyasny Asset Management, adding an estimated $83.7M. The largest seller was Franklin Resources, cutting an estimated $88M.
- 219 institutional investors held McGrath RentCorp (MGRC) as of Q1 2024, down from 225 in Q4 2023.
- Funds reported $2.69B of McGrath RentCorp stock for Q1 2024, up 5.3% quarter-over-quarter.
- 48 funds opened new McGrath RentCorp positions in Q1 2024 and 52 closed out, a net change of -4 holders.
- The largest McGrath RentCorp buyer in Q1 2024 was Balyasny Asset Management, an estimated $83.7M added.
- The largest McGrath RentCorp seller in Q1 2024 was Franklin Resources, an estimated $88M sold.
Based on aggregated 13F filings for Q1 2024.