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United Rentals

1,179 hedge funds and large institutions have $44B invested in United Rentals in 2024 Q1 according to their latest regulatory filings, with 182 funds opening new positions, 352 increasing their positions, 484 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

168% more first-time investments, than exits

New positions opened: 182 | Existing positions closed: 68

16% more capital invested

Capital invested by funds: $38B → $44B (+$6.01B)

9% more funds holding

Funds holding: 1,0771,179 (+102)

6.61% less ownership

Funds ownership: 97.89%91.28% (-6.6%)

10% less call options, than puts

Call options by funds: $1.16B | Put options by funds: $1.29B

23% less funds holding in top 10

Funds holding in top 10: 4736 (-11)

27% less repeat investments, than reductions

Existing positions increased: 352 | Existing positions reduced: 484

Holders
1,179
Holders Change
+102
Holders Change %
+9.47%
% of All Funds
16.98%
Holding in Top 10
36
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-23.4%
% of All Funds
0.52%
New
182
Increased
352
Reduced
484
Closed
68
Calls
$1.16B
Puts
$1.29B
Net Calls
-$132M
Net Calls Change
+$302M
Name Holding Trade Value Shares
Change
Change in
Stake
State Board of Administration of Florida Retirement System
126
State Board of Administration of Florida Retirement System
Florida
$29.9M +$1.83M +2,857 +4%
LSV Asset Management
127
LSV Asset Management
Illinois
$29.4M -$2.65M -4,130 -9%
State of Wisconsin Investment Board
128
State of Wisconsin Investment Board
Wisconsin
$28.8M -$1.92M -2,995 -7%
AFCM
129
Applied Finance Capital Management
Puerto Rico
$28.8M -$780K -1,216 -3%
State of New Jersey Common Pension Fund D
130
State of New Jersey Common Pension Fund D
New Jersey
$28.3M
LCM
131
Logan Capital Management
Pennsylvania
$27.6M -$295K -459 -1%
Truist Financial
132
Truist Financial
North Carolina
$27.5M -$2.86M -4,455 -10%
Royal London Asset Management
133
Royal London Asset Management
United Kingdom
$27.5M -$1.44M -2,248 -6%
Osaic Holdings
134
Osaic Holdings
Arizona
$27.2M +$2.76M +4,308 +13%
Chevy Chase Trust
135
Chevy Chase Trust
Maryland
$26.8M -$422K -657 -2%
Asset Management One
136
Asset Management One
Japan
$26.6M +$1.05M +1,630 +5%
CAG
137
Crestwood Advisors Group
Massachusetts
$26.6M -$841K -1,311 -3%
Susquehanna International Group
138
Susquehanna International Group
Pennsylvania
$26.5M -$40M -62,291 -63%
BWP
139
Baldwin Wealth Partners
Massachusetts
$25.9M -$4.09M -6,380 -15%
FVCM
140
F&V Capital Management
Florida
$25.9M +$93K +145 +0.4%
PCH
141
Polar Capital Holdings
United Kingdom
$25.6M -$3.34M -5,202 -13%
Millennium Management
142
Millennium Management
New York
$25.5M +$19.7M +30,652 +652%
Mitsubishi UFJ Trust & Banking
143
Mitsubishi UFJ Trust & Banking
Japan
$25.4M -$21M -32,750 -48%
WAS
144
Wesleyan Assurance Society
United Kingdom
$25.4M
MIM
145
Montgomery Investment Management
Maryland
$25.3M -$12M -18,660 -35%
Pictet Asset Management
146
Pictet Asset Management
Switzerland
$25.1M -$1.39M -2,169 -6%
NEI
147
Northwest & Ethical Investments
Ontario, Canada
$24.9M -$11.4M -17,731 -34%
ACM
148
Advisors Capital Management
New Jersey
$24.9M -$659K -1,027 -3%
Ohio Public Employees Retirement System (OPERS)
149
Ohio Public Employees Retirement System (OPERS)
Ohio
$24.7M -$2.22M -3,453 -9%
Treasurer of the State of North Carolina
150
Treasurer of the State of North Carolina
North Carolina
$24.7M +$134K +209 +0.6%

URI Hedge Fund Activity: Q1 2024 in Review

1,179 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in United Rentals (URI) for Q1 2024, worth a combined $44B — up 16% from $38B a quarter earlier.

Buyers outnumbered sellers: 182 funds opened new URI positions and 68 closed out — a net gain of 114 holders — while 352 added to existing stakes and 484 trimmed.

The largest buyer was Franklin Resources, adding an estimated $540M. The largest seller was Morgan Stanley, cutting an estimated $1.01B.

  • 1,179 institutional investors held United Rentals (URI) as of Q1 2024, up from 1,077 in Q4 2023.
  • Funds reported $44B of United Rentals stock for Q1 2024, up 16% quarter-over-quarter.
  • 182 funds opened new United Rentals positions in Q1 2024 and 68 closed out, a net change of +114 holders.
  • The largest United Rentals buyer in Q1 2024 was Franklin Resources, an estimated $540M added.
  • The largest United Rentals seller in Q1 2024 was Morgan Stanley, an estimated $1.01B sold.

Based on aggregated 13F filings for Q1 2024.