United Rentals
647 hedge funds and large institutions have $13B invested in United Rentals in 2017 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 198 increasing their positions, 261 reducing their positions, and 51 closing their positions.
118% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 51
50% more funds holding in top 10
Funds holding in top 10: 12 → 18 (+6)
20% more capital invested
Capital invested by funds: $10.9B → $13B (+$2.15B)
9% more funds holding
Funds holding: 592 → 647 (+55)
2.81% less ownership
Funds ownership: 92.73% → 89.92% (-2.8%)
24% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 261
61% less call options, than puts
Call options by funds: $290M | Put options by funds: $749M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$105M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$68.6M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$64.3M |
| 4 |
Goldman Sachs
New York
|
+$58.1M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$57.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$110M |
| 2 |
State Street
Boston,
Massachusetts
|
-$89.2M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$82.6M |
| 4 |
Two Sigma Investments
New York
|
-$48M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$40.3M |
URI Hedge Fund Activity: Q4 2017 in Review
647 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in United Rentals (URI) for Q4 2017, worth a combined $13B — up 20% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new URI positions and 51 closed out — a net gain of 60 holders — while 198 added to existing stakes and 261 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $105M. The largest seller was APG Asset Management, cutting an estimated $110M.
- 647 institutional investors held United Rentals (URI) as of Q4 2017, up from 592 in Q3 2017.
- Funds reported $13B of United Rentals stock for Q4 2017, up 20% quarter-over-quarter.
- 111 funds opened new United Rentals positions in Q4 2017 and 51 closed out, a net change of +60 holders.
- The largest United Rentals buyer in Q4 2017 was AQR Capital Management, an estimated $105M added.
- The largest United Rentals seller in Q4 2017 was APG Asset Management, an estimated $110M sold.
Based on aggregated 13F filings for Q4 2017.