Marchex
MCHX
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.
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: 2 → 5 (+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: 79 → 111 (+32)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$9.9M |
| 2 |
CM
Castleark Management
Chicago,
Illinois
|
+$9.35M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$8.91M |
| 4 |
BAMCO Inc
New York
|
+$7.91M |
| 5 |
WSA
Wall Street Associates
Lajolla,
California
|
+$7.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$673K |
| 2 |
PSC
Piper Sandler & Co
Minneapolis,
Minnesota
|
-$368K |
| 3 |
SIM
Spark Investment Management
New York
|
-$309K |
| 4 |
Morgan Stanley
New York
|
-$284K |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
-$223K |
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.