Marchex
MCHX
78 hedge funds and large institutions have $61M invested in Marchex in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 6 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
3% more capital invested
Capital invested by funds: $59M → $61M (+$1.97M)
0.36% more ownership
Funds ownership: 58.57% → 58.92% (+0.36%)
3% less funds holding
Funds holding: 80 → 78 (-2)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $341K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.41M |
| 2 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$2.72M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$461K |
| 4 |
CCM
Concourse Capital Management
Atlanta,
Georgia
|
+$359K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.23M |
| 2 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
-$1M |
| 3 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
-$808K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$342K |
| 5 |
SST
S Squared Technology
New York
|
-$202K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
76
Howe & Rusling
Rochester,
New York
| $2K | – | – | – |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $1K | +$781 | +290 | +4,833% |
|
78
BNP Paribas Financial Markets
Paris,
France
| $370 | -$2.17K | -804 | -86% |
|
|
BCM
79
Bridgeway Capital Management
Houston,
Texas
| – | -$1.23M | -465,769 | Closed |
|
|
VCA
80
VIEX Capital Advisors
Sunny Isles Beach,
Florida
| – | -$1M | -379,396 | Closed |
|
|
ARTA
81
A.R.T. Advisors
New York
| – | -$76K | -28,700 | Closed |
|
82
Los Angeles Capital Management
Los Angeles,
California
| – | -$39K | -14,695 | Closed |
|
|
CS
83
Credit Suisse
Zurich,
Switzerland
| – | -$35K | -13,304 | Closed |
|
84
William Blair & Company
Chicago,
Illinois
| – | -$31K | -11,800 | Closed |
|
MCHX Hedge Fund Activity: Q1 2017 in Review
78 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q1 2017, worth a combined $61M — up 3.3% from $59M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MCHX positions and 6 closed out — a net gain of 3 holders — while 23 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock, adding an estimated $6.41M. The largest seller was Bridgeway Capital Management, exiting entirely with an estimated $1.23M sold.
- 78 institutional investors held Marchex (MCHX) as of Q1 2017, down from 80 in Q4 2016.
- Funds reported $61M of Marchex stock for Q1 2017, up 3.3% quarter-over-quarter.
- 9 funds opened new Marchex positions in Q1 2017 and 6 closed out, a net change of +3 holders.
- The largest Marchex buyer in Q1 2017 was BlackRock, an estimated $6.41M added.
- The largest Marchex seller in Q1 2017 was Bridgeway Capital Management, an estimated $1.23M sold.
Based on aggregated 13F filings for Q1 2017.