Spark Investment Management’s Marcus & Millichap MMI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-20,400	Closed	-$700K	–	687
2018 Q4	$700K	Hold	20,400	–	–	0.05%	355
2018 Q3	$708K	Buy	20,400 +400	+2%	+$15.2K	0.04%	429
2018 Q2	$780K	Buy	+20,000	New	+$738K	0.05%	395
2017 Q4	–	Sell	-14,300	Closed	-$385K	–	764
2017 Q3	$385K	Buy	+14,300	New	+$372K	0.02%	518
2017 Q2	–	Sell	-15,300	Closed	-$376K	–	825
2017 Q1	$376K	Buy	+15,300	New	+$396K	0.02%	591
2016 Q3	–	Sell	-120,100	Closed	-$3.05M	–	864
2016 Q2	$3.05M	Sell	120,100 -15,400	-11%	-$388K	0.29%	107
2016 Q1	$3.44M	Buy	135,500 +55,300	+69%	+$1.3M	0.35%	75
2015 Q4	$2.34M	Buy	80,200 +28,600	+55%	+$1.07M	0.3%	98
2015 Q3	$2.37M	Buy	51,600 +34,100	+195%	+$1.6M	0.31%	88
2015 Q2	$807K	Sell	17,500 -51,600	-75%	-$2.2M	0.11%	260
2015 Q1	$2.59M	Hold	69,100	–	–	0.36%	69
2014 Q4	$2.3M	Buy	69,100 +27,300	+65%	+$840K	0.39%	69
2014 Q3	$1.26M	Buy	41,800 +17,100	+69%	+$457K	0.19%	173
2014 Q2	$630K	Buy	+24,700	New	+$489K	0.09%	303