United Rentals
672 hedge funds and large institutions have $12.4B invested in United Rentals in 2018 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 210 increasing their positions, 273 reducing their positions, and 58 closing their positions.
53% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 58
4% more funds holding
Funds holding: 647 → 672 (+25)
5% less capital invested
Capital invested by funds: $13B → $12.4B (-$635M)
4.53% less ownership
Funds ownership: 89.92% → 85.39% (-4.5%)
22% less funds holding in top 10
Funds holding in top 10: 18 → 14 (-4)
23% less repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 273
52% less call options, than puts
Call options by funds: $187M | Put options by funds: $386M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$132M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$78.3M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$71.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$66.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$65.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$254M |
| 2 |
State Street
Boston,
Massachusetts
|
-$245M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$183M |
| 4 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$133M |
| 5 |
PC
PointState Capital
New York
|
-$109M |
URI Hedge Fund Activity: Q1 2018 in Review
672 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in United Rentals (URI) for Q1 2018, worth a combined $12.4B — down 4.9% from $13B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new URI positions and 58 closed out — a net gain of 31 holders — while 210 added to existing stakes and 273 trimmed.
The largest buyer was Bank of America, adding an estimated $132M. The largest seller was Fidelity Investments, cutting an estimated $254M.
- 672 institutional investors held United Rentals (URI) as of Q1 2018, up from 647 in Q4 2017.
- Funds reported $12.4B of United Rentals stock for Q1 2018, down 4.9% quarter-over-quarter.
- 89 funds opened new United Rentals positions in Q1 2018 and 58 closed out, a net change of +31 holders.
- The largest United Rentals buyer in Q1 2018 was Bank of America, an estimated $132M added.
- The largest United Rentals seller in Q1 2018 was Fidelity Investments, an estimated $254M sold.
Based on aggregated 13F filings for Q1 2018.