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United Rentals

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.

New
Increased
Maintained
Reduced
Closed

12% more funds holding in top 10

Funds holding in top 10: 2528 (+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: 982985 (+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

Holders
985
Holders Change
+3
Holders Change %
+0.31%
% of All Funds
15.47%
Holding in Top 10
28
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+12%
% of All Funds
0.44%
New
128
Increased
314
Reduced
407
Closed
116
Calls
$976M
Puts
$1.08B
Net Calls
-$106M
Net Calls Change
-$80.7M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
51
T. Rowe Price Associates
Maryland
$88.3M -$332K -896 -0.4%
Sumitomo Mitsui Trust Group
52
Sumitomo Mitsui Trust Group
Japan
$86.6M -$9.3M -25,093 -11%
Deutsche Bank
53
Deutsche Bank
Germany
$85.8M -$18.4M -49,703 -21%
Zurich Cantonal Bank
54
Zurich Cantonal Bank
Switzerland
$80.1M -$21.5M -58,030 -24%
CS
55
Credit Suisse
Switzerland
$78.1M -$3.89M -10,491 -6%
BNP Paribas Asset Management
56
BNP Paribas Asset Management
France
$76.1M +$5.62M +15,169 +10%
VOYA Investment Management
57
VOYA Investment Management
Georgia
$74.1M -$134M -360,499 -68%
Allianz Asset Management
58
Allianz Asset Management
Germany
$72.9M +$25.1M +67,711 +71%
APG Asset Management
59
APG Asset Management
Netherlands
$71.5M -$10.5M -28,317 -14%
Allspring Global Investments
60
Allspring Global Investments
North Carolina
$70.7M -$1.42M -3,832 -2%
Barclays
61
Barclays
United Kingdom
$68.6M +$9.87M +26,625 +21%
AllianceBernstein
62
AllianceBernstein
Tennessee
$65.8M -$4.83M -13,024 -8%
RhumbLine Advisers
63
RhumbLine Advisers
Massachusetts
$63.4M -$1.69M -4,553 -3%
TRSOTSOK
64
Teachers Retirement System of the State of Kentucky
Kentucky
$61.2M -$79.7K -215 -0.2%
TAF
65
Tredje AP-fonden
Sweden
$61M +$25M +67,333 +97%
California Public Employees Retirement System
66
California Public Employees Retirement System
California
$60M -$4.14M -11,174 -8%
Citadel Advisors
67
Citadel Advisors
Florida
$59M -$7.09M -19,126 -13%
TAM
68
Todd Asset Management
Kentucky
$58.1M -$200K -540 -0.4%
Korea Investment Corp
69
Korea Investment Corp
South Korea
$57.7M +$10.1M +27,180 +27%
Lord, Abbett & Co
70
Lord, Abbett & Co
New Jersey
$57.1M +$21.9M +59,000 +85%
Fiera Capital (Canada)
71
Fiera Capital (Canada)
Quebec, Canada
$55.4M -$877K -2,367 -2%
ECP
72
Electron Capital Partners
New York
$54.9M +$45.7M +123,200 New
AQR Capital Management
73
AQR Capital Management
Connecticut
$54.4M +$849K +2,292 +2%
Mackenzie Financial
74
Mackenzie Financial
Ontario, Canada
$53.7M -$125M -337,572 -74%
Bank of Montreal
75
Bank of Montreal
Ontario, Canada
$53.4M +$2.59M +6,991 +6%

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.