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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.54B -$70.4M -189,898 -2%
BlackRock
2
BlackRock
New York
$2.32B -$82.8M -223,404 -4%
State Street
3
State Street
Massachusetts
$1.51B +$16.2M +43,715 +1%
Capital Research Global Investors
4
Capital Research Global Investors
California
$1.03B +$133M +358,743 +18%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$950M +$505M +1,362,553 +177%
Capital World Investors
6
Capital World Investors
California
$939M +$71.2M +192,205 +10%
Norges Bank
7
Norges Bank
Norway
$825M +$56.7M +152,903 +9%
Morgan Stanley
8
Morgan Stanley
New York
$663M -$87.1M -235,018 -14%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$651M +$8.82M +23,805 +2%
PI
10
Putnam Investments
Massachusetts
$620M +$91.9M +248,023 +22%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$520M -$7.86M -21,203 -2%
T. Rowe Price Investment Management
12
T. Rowe Price Investment Management
Maryland
$485M +$102M +275,169 +34%
Boston Partners
13
Boston Partners
Massachusetts
$446M -$89.3M -241,011 -19%
Impax Asset Management Group
14
Impax Asset Management Group
United Kingdom
$439M +$24.4M +65,810 +7%
LAM
15
Lyrical Asset Management
New York
$373M -$25.2M -68,015 -8%
Bank of America
16
Bank of America
North Carolina
$370M -$35.1M -94,658 -10%
Invesco
17
Invesco
Georgia
$349M -$71.5M -193,052 -20%
Nordea Investment Management
18
Nordea Investment Management
Sweden
$344M -$10M -27,116 -3%
Northern Trust
19
Northern Trust
Illinois
$298M -$8.27M -22,314 -3%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$276M -$11.6M -31,417 -5%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$253M -$4.25M -11,466 -2%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$252M +$76.7M +207,095 +58%
BWA
23
Brave Warrior Advisors
New York
$233M +$30.8M +83,056 +19%
Goldman Sachs
24
Goldman Sachs
New York
$224M +$14.5M +39,075 +8%
Legal & General Group
25
Legal & General Group
United Kingdom
$214M -$694K -1,872 -0.4%

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.