McGrath RentCorp
MGRC
207 hedge funds and large institutions have $2.3B invested in McGrath RentCorp in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 87 increasing their positions, 63 reducing their positions, and 33 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 63
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.21% less ownership
Funds ownership: 89.15% → 87.93% (-1.2%)
5% less funds holding
Funds holding: 219 → 207 (-12)
15% less capital invested
Capital invested by funds: $2.69B → $2.3B (-$393M)
27% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 33
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $812K
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$29.1M |
| 2 |
Citigroup
New York
|
+$16M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$13.4M |
| 4 |
Goldman Sachs
New York
|
+$13.1M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$12.8M |
Top Sellers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$85.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$48.2M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$21.6M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$16.7M |
| 5 |
Morgan Stanley
New York
|
-$11.1M |
MGRC Hedge Fund Activity: Q2 2024 in Review
207 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q2 2024, worth a combined $2.3B — down 15% from $2.69B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of MGRC and 24 opened new positions — a net loss of 9 holders — while 63 trimmed existing stakes and 87 added.
The largest buyer was JP Morgan Chase, adding an estimated $29.1M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $85.7M sold.
- 207 institutional investors held McGrath RentCorp (MGRC) as of Q2 2024, down from 219 in Q1 2024.
- Funds reported $2.3B of McGrath RentCorp stock for Q2 2024, down 15% quarter-over-quarter.
- 24 funds opened new McGrath RentCorp positions in Q2 2024 and 33 closed out, a net change of -9 holders.
- The largest McGrath RentCorp buyer in Q2 2024 was JP Morgan Chase, an estimated $29.1M added.
- The largest McGrath RentCorp seller in Q2 2024 was Balyasny Asset Management, an estimated $85.7M sold.
Based on aggregated 13F filings for Q2 2024.