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United Rentals

661 hedge funds and large institutions have $6.8B invested in United Rentals in 2018 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 222 increasing their positions, 242 reducing their positions, and 140 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more funds holding in top 10

Funds holding in top 10: 916 (+7)

5% less call options, than puts

Call options by funds: $366M | Put options by funds: $386M

8% less repeat investments, than reductions

Existing positions increased: 222 | Existing positions reduced: 242

1.84% less ownership

Funds ownership: 86.9%85.05% (-1.8%)

4% less funds holding

Funds holding: 685661 (-24)

14% less first-time investments, than exits

New positions opened: 120 | Existing positions closed: 140

42% less capital invested

Capital invested by funds: $11.7B → $6.8B (-$4.9B)

Holders
661
Holders Change
-24
Holders Change %
-3.5%
% of All Funds
14.73%
Holding in Top 10
16
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+77.78%
% of All Funds
0.36%
New
120
Increased
222
Reduced
242
Closed
140
Calls
$366M
Puts
$386M
Net Calls
-$20.2M
Net Calls Change
+$130M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$869M -$86.1M -714,854 -8%
BlackRock
2
BlackRock
New York
$608M +$17.8M +148,206 +3%
State Street
3
State Street
Massachusetts
$538M +$49.1M +407,777 +8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$160M +$5.36M +44,492 +3%
Bank of America
5
Bank of America
North Carolina
$123M -$72.4M -600,801 -33%
TCIM
6
TIAA CREF Investment Management
New York
$112M +$27M +224,521 +26%
Invesco
7
Invesco
Georgia
$111M +$28.9M +240,022 +28%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$109M +$7.6M +63,099 +6%
Northern Trust
9
Northern Trust
Illinois
$96.3M +$1.81M +15,034 +2%
JP Morgan Chase
10
JP Morgan Chase
New York
$86.5M -$124M -1,028,450 -55%
Morgan Stanley
11
Morgan Stanley
New York
$76.9M +$10.8M +89,855 +14%
Norges Bank
12
Norges Bank
Norway
$76.2M
Citadel Advisors
13
Citadel Advisors
Florida
$73.4M +$20.1M +167,305 +31%
AllianceBernstein
14
AllianceBernstein
Tennessee
$71M +$5.42M +44,993 +7%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$67.6M -$9.47M -78,651 -11%
Neuberger Berman Group
16
Neuberger Berman Group
New York
$67M -$23.6M -195,785 -23%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$64.9M -$6.03M -50,057 -7%
American Century Companies
18
American Century Companies
Missouri
$64M -$27.5M -228,211 -27%
Allianz Asset Management
19
Allianz Asset Management
Germany
$62.7M +$12.2M +101,127 +20%
ABC
20
Anchor Bolt Capital
Illinois
$60.9M +$71.5M +593,512 New
Bank of New York Mellon
21
Bank of New York Mellon
New York
$59.6M -$1.67M -13,892 -2%
BA
22
Bridgewater Associates
Connecticut
$57.1M +$56.5M +469,542 +538%
Charles Schwab
23
Charles Schwab
California
$50.4M +$230K +1,907 +0.4%
ClearBridge Investments
24
ClearBridge Investments
New York
$47.7M +$5.54K +46 +0%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$47.6M +$21.8M +181,404 +64%

URI Hedge Fund Activity: Q4 2018 in Review

661 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in United Rentals (URI) for Q4 2018, worth a combined $6.8B — down 42% from $11.7B a quarter earlier.

Sellers outnumbered buyers: 140 funds closed out of URI and 120 opened new positions — a net loss of 20 holders — while 242 trimmed existing stakes and 222 added.

The largest buyer was Amundi Asset Management US, adding an estimated $77.2M. The largest seller was PointState Capital, exiting entirely with an estimated $170M sold.

  • 661 institutional investors held United Rentals (URI) as of Q4 2018, down from 685 in Q3 2018.
  • Funds reported $6.8B of United Rentals stock for Q4 2018, down 42% quarter-over-quarter.
  • 120 funds opened new United Rentals positions in Q4 2018 and 140 closed out, a net change of -20 holders.
  • The largest United Rentals buyer in Q4 2018 was Amundi Asset Management US, an estimated $77.2M added.
  • The largest United Rentals seller in Q4 2018 was PointState Capital, an estimated $170M sold.

Based on aggregated 13F filings for Q4 2018.