United Rentals
1,077 hedge funds and large institutions have $38B invested in United Rentals in 2023 Q4 according to their latest regulatory filings, with 170 funds opening new positions, 328 increasing their positions, 438 reducing their positions, and 63 closing their positions.
170% more first-time investments, than exits
New positions opened: 170 | Existing positions closed: 63
74% more funds holding in top 10
Funds holding in top 10: 27 → 47 (+20)
34% more capital invested
Capital invested by funds: $28.4B → $38B (+$9.58B)
9% more funds holding
Funds holding: 985 → 1,077 (+92)
4.5% more ownership
Funds ownership: 93.4% → 97.89% (+4.5%)
23% less call options, than puts
Call options by funds: $1.49B | Put options by funds: $1.93B
25% less repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 438
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$849M |
| 2 |
Morgan Stanley
New York
|
+$733M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$143M |
| 4 |
WIM
Waverton Investment Management
London,
United Kingdom
|
+$100M |
| 5 |
JP Morgan Chase
New York
|
+$96.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Brave Warrior Advisors
New York
|
-$186M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$111M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$100M |
| 4 |
TP
Theleme Partners
London,
United Kingdom
|
-$82.9M |
| 5 |
Impax Asset Management Group
London,
United Kingdom
|
-$65.9M |
URI Hedge Fund Activity: Q4 2023 in Review
1,077 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in United Rentals (URI) for Q4 2023, worth a combined $38B — up 34% from $28.4B a quarter earlier.
Buyers outnumbered sellers: 170 funds opened new URI positions and 63 closed out — a net gain of 107 holders — while 328 added to existing stakes and 438 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $849M. The largest seller was Brave Warrior Advisors, exiting entirely with an estimated $186M sold.
- 1,077 institutional investors held United Rentals (URI) as of Q4 2023, up from 985 in Q3 2023.
- Funds reported $38B of United Rentals stock for Q4 2023, up 34% quarter-over-quarter.
- 170 funds opened new United Rentals positions in Q4 2023 and 63 closed out, a net change of +107 holders.
- The largest United Rentals buyer in Q4 2023 was Capital Research Global Investors, an estimated $849M added.
- The largest United Rentals seller in Q4 2023 was Brave Warrior Advisors, an estimated $186M sold.
Based on aggregated 13F filings for Q4 2023.