United Rentals
URI
985 hedge funds and large institutions have $28B invested in United Rentals in 2023 Q2 according to their latest regulatory filings, with 128 funds opening new positions, 314 increasing their positions, 407 reducing their positions, and 116 closing their positions.
12% more funds holding in top 10
Funds holding in top 10: 25 → 28 (+3)
12% more capital invested
Capital invested by funds: $25.1B → $28B (+$2.89B)
10% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 116
0% more funds holding
Funds holding: 982 → 985 (+3)
10% less call options, than puts
Call options by funds: $976M | Put options by funds: $1.08B
2.18% less ownership
Funds ownership: 93.84% → 91.67% (-2.2%)
23% less repeat investments, than reductions
Existing positions increased: 314 | Existing positions reduced: 407
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$505M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$133M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$102M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$91.9M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$76.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$656M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$134M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$125M |
| 4 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
-$98.1M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$89.3M |
URI Hedge Fund Activity: Q2 2023 in Review
985 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in United Rentals (URI) for Q2 2023, worth a combined $28B — up 12% from $25.1B a quarter earlier.
Buyers outnumbered sellers: 128 funds opened new URI positions and 116 closed out — a net gain of 12 holders — while 314 added to existing stakes and 407 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $505M. The largest seller was Envestnet Asset Management, cutting an estimated $656M.
- 985 institutional investors held United Rentals (URI) as of Q2 2023, up from 982 in Q1 2023.
- Funds reported $28B of United Rentals stock for Q2 2023, up 12% quarter-over-quarter.
- 128 funds opened new United Rentals positions in Q2 2023 and 116 closed out, a net change of +12 holders.
- The largest United Rentals buyer in Q2 2023 was Fidelity Investments, an estimated $505M added.
- The largest United Rentals seller in Q2 2023 was Envestnet Asset Management, an estimated $656M sold.
Based on aggregated 13F filings for Q2 2023.