Marchex
MCHX
97 hedge funds and large institutions have $108M invested in Marchex in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 48 reducing their positions, and 17 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more capital invested
Capital invested by funds: $75M → $108M (+$32.9M)
12% more ownership
Funds ownership: 62.35% → 74.35% (+12%)
7% less funds holding
Funds holding: 104 → 97 (-7)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
52% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 48
91% less call options, than puts
Call options by funds: $189K | Put options by funds: $2.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$459K |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$359K |
| 3 |
JP Morgan Chase
New York
|
+$326K |
| 4 |
Renaissance Technologies
New York
|
+$293K |
| 5 |
State Street
Boston,
Massachusetts
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$867K |
| 2 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$645K |
| 3 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
-$539K |
| 4 |
Millennium Management
New York
|
-$531K |
| 5 |
CCM
Concourse Capital Management
Atlanta,
Georgia
|
-$436K |
MCHX Hedge Fund Activity: Q4 2019 in Review
97 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q4 2019, worth a combined $108M — up 44% from $75M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MCHX and 10 opened new positions — a net loss of 7 holders — while 48 trimmed existing stakes and 23 added.
The largest buyer was Roumell Asset Management, opening a new position worth an estimated $459K. The largest seller was Kennedy Capital Management, cutting an estimated $867K.
- 97 institutional investors held Marchex (MCHX) as of Q4 2019, down from 104 in Q3 2019.
- Funds reported $108M of Marchex stock for Q4 2019, up 44% quarter-over-quarter.
- 10 funds opened new Marchex positions in Q4 2019 and 17 closed out, a net change of -7 holders.
- The largest Marchex buyer in Q4 2019 was Roumell Asset Management, an estimated $459K added.
- The largest Marchex seller in Q4 2019 was Kennedy Capital Management, an estimated $867K sold.
Based on aggregated 13F filings for Q4 2019.