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McGrath RentCorp

234 hedge funds and large institutions have $2.24B invested in McGrath RentCorp in 2024 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 72 increasing their positions, 73 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 28

13% more funds holding

Funds holding: 207234 (+27)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 73

2% less capital invested

Capital invested by funds: $2.3B → $2.24B (-$56.5M)

1.23% less ownership

Funds ownership: 87.93%86.7% (-1.2%)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1.27M

Holders
234
Holders Change
+27
Holders Change %
+13.04%
% of All Funds
3.36%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
56
Increased
72
Reduced
73
Closed
28
Calls
Puts
$1.27M
Net Calls
-$1.27M
Net Calls Change
-$462K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$284M +$2.77M +26,141 +1%
BlackRock
2
BlackRock
New York
$207M +$3.28M +30,898 +2%
RRAM
3
River Road Asset Management
Kentucky
$131M +$53.6M +505,817 +68%
Franklin Resources
4
Franklin Resources
California
$119M +$42.9M +404,884 +57%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$86.4M +$87M +820,341 New
Victory Capital Management
6
Victory Capital Management
Texas
$79.5M +$5.08M +47,872 +7%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$77.7M -$12.2K -115 -0%
State Street
8
State Street
Massachusetts
$62.4M +$1.33M +12,520 +2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$60.9M +$654K +6,165 +1%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$59.1M -$3.98M -37,485 -6%
Capital Research Global Investors
11
Capital Research Global Investors
California
$56.8M -$25.9M -244,690 -31%
MF
12
Magnetar Financial
Illinois
$53.1M -$18.5M -174,138 -26%
HRCM
13
Hawk Ridge Capital Management
California
$45.9M +$33.3M +314,185 +258%
Morgan Stanley
14
Morgan Stanley
New York
$45.3M +$3.93M +37,086 +9%
JP Morgan Chase
15
JP Morgan Chase
New York
$35.2M -$40.3M -380,315 -53%
Millennium Management
16
Millennium Management
New York
$34.6M +$4.39M +41,437 +14%
SCM
17
Snyder Capital Management
California
$33.6M +$33.9M +319,342 New
ClearBridge Investments
18
ClearBridge Investments
New York
$31.5M +$123K +1,162 +0.4%
Northern Trust
19
Northern Trust
Illinois
$31.3M +$1.12M +10,528 +4%
SAM
20
Silvercrest Asset Management
New York
$31.3M -$1.22M -11,520 -4%
Charles Schwab
21
Charles Schwab
California
$30.2M +$894K +8,428 +3%
WIC
22
Water Island Capital
New York
$26.8M -$3.23M -30,492 -11%
Swedbank
23
Swedbank
Sweden
$26.3M +$5.3M +50,000 +25%
Two Sigma Investments
24
Two Sigma Investments
New York
$25.9M +$18.9M +177,759 +261%
JFG
25
Jefferies Financial Group
New York
$22.5M +$22.7M +213,844 New

MGRC Hedge Fund Activity: Q3 2024 in Review

234 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in McGrath RentCorp (MGRC) for Q3 2024, worth a combined $2.24B — down 2.5% from $2.3B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new MGRC positions and 28 closed out — a net gain of 28 holders — while 72 added to existing stakes and 73 trimmed.

The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $87M. The largest seller was Alpine Associates Management, exiting entirely with an estimated $75.7M sold.

  • 234 institutional investors held McGrath RentCorp (MGRC) as of Q3 2024, up from 207 in Q2 2024.
  • Funds reported $2.24B of McGrath RentCorp stock for Q3 2024, down 2.5% quarter-over-quarter.
  • 56 funds opened new McGrath RentCorp positions in Q3 2024 and 28 closed out, a net change of +28 holders.
  • The largest McGrath RentCorp buyer in Q3 2024 was T. Rowe Price Investment Management, an estimated $87M added.
  • The largest McGrath RentCorp seller in Q3 2024 was Alpine Associates Management, an estimated $75.7M sold.

Based on aggregated 13F filings for Q3 2024.