Marchex
MCHX
90 hedge funds and large institutions have $74.5M invested in Marchex in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 22 reducing their positions, and 17 closing their positions.
119% more call options, than puts
Call options by funds: $35K | Put options by funds: $16K
59% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 97 → 90 (-7)
30% less capital invested
Capital invested by funds: $107M → $74.5M (-$32.6M)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SST
S Squared Technology
New York
|
+$1.31M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$1.15M |
| 3 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
+$999K |
| 4 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
+$752K |
| 5 |
Renaissance Technologies
New York
|
+$604K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$2.17M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$2.12M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$964K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$679K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$583K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FQ
101
First Quadrant
Glendale,
California
| – | -$32K | -7,200 | Closed |
|
102
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$27K | -6,000 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$15K | -3,261 | Closed |
|
|
BJ
104
BlackRock Japan
Tokyo,
Japan
| – | -$8K | -1,748 | Closed |
|
105
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -460 | Closed |
|
106
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -73 | Closed |
|
107
Barclays
London,
United Kingdom
| – | +$143 | +38 | New |
|
MCHX Hedge Fund Activity: Q2 2016 in Review
90 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q2 2016, worth a combined $74.5M — down 30% from $107M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MCHX and 11 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 35 added.
The largest buyer was S Squared Technology, adding an estimated $1.31M. The largest seller was Kalmar Investments, exiting entirely with an estimated $2.17M sold.
- 90 institutional investors held Marchex (MCHX) as of Q2 2016, down from 97 in Q1 2016.
- Funds reported $74.5M of Marchex stock for Q2 2016, down 30% quarter-over-quarter.
- 11 funds opened new Marchex positions in Q2 2016 and 17 closed out, a net change of -6 holders.
- The largest Marchex buyer in Q2 2016 was S Squared Technology, an estimated $1.31M added.
- The largest Marchex seller in Q2 2016 was Kalmar Investments, an estimated $2.17M sold.
Based on aggregated 13F filings for Q2 2016.