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Marchex

111 hedge funds and large institutions have $250M invested in Marchex in 2014 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 36 increasing their positions, 23 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

533% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 6

380% more call options, than puts

Call options by funds: $192K | Put options by funds: $40K

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

91% more capital invested

Capital invested by funds: $131M → $250M (+$119M)

57% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 23

41% more funds holding

Funds holding: 79111 (+32)

Holders
111
Holders Change
+32
Holders Change %
+40.51%
% of All Funds
3.21%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.14%
New
38
Increased
36
Reduced
23
Closed
6
Calls
$192K
Puts
$40K
Net Calls
+$152K
Net Calls Change
+$69K
Name Holding Trade Value Shares
Change
Change in
Stake
PIM
51
Profit Investment Management
Maryland
$780K +$784K +74,232 New
AG
52
Algert Global
California
$766K +$206K +19,503 +37%
CCM
53
Concourse Capital Management
Georgia
$756K +$760K +71,940 New
GIP
54
Granite Investment Partners
California
$696K +$124K +11,718 +21%
Fidelity Investments
55
Fidelity Investments
Massachusetts
$683K +$687K +65,000 New
TC
56
TFS Capital
Pennsylvania
$610K +$613K +57,999 New
CL
57
CPWM LLC
Washington
$607K +$528 +50 +0.1%
LCG
58
Lisanti Capital Growth
New York
$596K +$599K +56,700 New
CS
59
Credit Suisse
Switzerland
$594K +$221K +20,929 +59%
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$591K
TDC
61
Thompson Davis & Co
Virginia
$570K +$370K +35,000 +182%
PPA
62
Parametric Portfolio Associates
Washington
$566K +$192K +18,207 +51%
DC
63
Deere & Company
Illinois
$566K +$569K +53,833 New
PGCM
64
Prescott Group Capital Management
Oklahoma
$527K +$530K +50,116 New
Two Sigma Investments
65
Two Sigma Investments
New York
$512K +$515K +48,700 New
ARTA
66
A.R.T. Advisors
New York
$448K +$224K +21,161 +99%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$432K
EEG
68
E.E. Geduld
$420K +$423K +40,000 New
Connor, Clark & Lunn Investment Management (CC&L)
69
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$407K +$58.1K +5,500 +19%
State Board of Administration of Florida Retirement System
70
State Board of Administration of Florida Retirement System
Florida
$395K -$136K -12,860 -25%
Charles Schwab
71
Charles Schwab
California
$386K +$85.6K +8,100 +28%
RhumbLine Advisers
72
RhumbLine Advisers
Massachusetts
$367K -$11.6K -1,100 -3%
TA
73
Teachers Advisors
New York
$363K +$61.2K +5,790 +20%
Millennium Management
74
Millennium Management
New York
$347K -$158K -14,957 -31%
WCM
75
Wedge Capital Management
North Carolina
$335K +$337K +31,900 New

MCHX Hedge Fund Activity: Q1 2014 in Review

111 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q1 2014, worth a combined $250M — up 91% from $131M a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new MCHX positions and 6 closed out — a net gain of 32 holders — while 36 added to existing stakes and 23 trimmed.

The largest buyer was Park West Asset Management, opening a new position worth an estimated $9.9M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $673K.

  • 111 institutional investors held Marchex (MCHX) as of Q1 2014, up from 79 in Q4 2013.
  • Funds reported $250M of Marchex stock for Q1 2014, up 91% quarter-over-quarter.
  • 38 funds opened new Marchex positions in Q1 2014 and 6 closed out, a net change of +32 holders.
  • The largest Marchex buyer in Q1 2014 was Park West Asset Management, an estimated $9.9M added.
  • The largest Marchex seller in Q1 2014 was Fuller & Thaler Asset Management, an estimated $673K sold.

Based on aggregated 13F filings for Q1 2014.