Marchex
MCHX
80 hedge funds and large institutions have $59M invested in Marchex in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 8 closing their positions.
58.57% more ownership
Funds ownership: 0% → 58.57% (+59%)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
3% more funds holding
Funds holding: 78 → 80 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $60.3M → $59M (-$1.28M)
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $124K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$689K |
| 2 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
+$476K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$436K |
| 4 |
SST
S Squared Technology
New York
|
+$181K |
| 5 |
Renaissance Technologies
New York
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGL
Clarius Group LLC
Seattle,
Washington
|
-$524K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$469K |
| 3 |
CCM
Concourse Capital Management
Atlanta,
Georgia
|
-$369K |
| 4 |
Goldman Sachs
New York
|
-$301K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$273K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BNP Paribas Financial Markets
Paris,
France
| $2.49K | -$3.49K | -1,319 | -58% |
|
|
HR
77
Howe & Rusling
Rochester,
New York
| $2K | – | – | – |
|
78
Barclays
London,
United Kingdom
| $2K | +$1.02K | +388 | +157% |
|
|
BFM
79
Boothbay Fund Management
New York
| $154 | +$27.6K | +10,428 | +22% |
|
|
CGL
80
Clarius Group LLC
Seattle,
Washington
| – | -$524K | -189,014 | Closed |
|
|
CCM
81
Concourse Capital Management
Atlanta,
Georgia
| – | -$369K | -133,230 | Closed |
|
|
MERSOM
82
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$160K | -57,940 | Closed |
|
|
CCMH
83
Cornerstone Capital Management Holdings
New York
| – | -$53K | -19,505 | Closed |
|
|
GC
84
Globeflex Capital
San Diego,
California
| – | -$48K | -17,463 | Closed |
|
|
TC
85
TFS Capital
West Chester,
Pennsylvania
| – | -$42K | -15,221 | Closed |
|
86
Creative Planning
Overland Park,
Kansas
| – | -$14K | -5,000 | Closed |
|
|
LTFS
87
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$6K | -2,000 | Closed |
|
|
TRCT
88
Tower Research Capital (TRC)
New York
| – | +$16 | +6 | New |
|
MCHX Hedge Fund Activity: Q4 2016 in Review
80 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q4 2016, worth a combined $59M — down 2.1% from $60.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MCHX positions and 8 closed out — a net gain of 4 holders — while 24 added to existing stakes and 26 trimmed.
The largest buyer was Prescott Group Capital Management, adding an estimated $689K. The largest seller was Clarius Group LLC, exiting entirely with an estimated $524K sold.
- 80 institutional investors held Marchex (MCHX) as of Q4 2016, up from 78 in Q3 2016.
- Funds reported $59M of Marchex stock for Q4 2016, down 2.1% quarter-over-quarter.
- 12 funds opened new Marchex positions in Q4 2016 and 8 closed out, a net change of +4 holders.
- The largest Marchex buyer in Q4 2016 was Prescott Group Capital Management, an estimated $689K added.
- The largest Marchex seller in Q4 2016 was Clarius Group LLC, an estimated $524K sold.
Based on aggregated 13F filings for Q4 2016.