Marchex
MCHX
114 hedge funds and large institutions have $296M invested in Marchex in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 30 reducing their positions, and 14 closing their positions.
1,405% more call options, than puts
Call options by funds: $301K | Put options by funds: $20K
83% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 30
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
19% more capital invested
Capital invested by funds: $250M → $296M (+$46.4M)
3% more funds holding
Funds holding: 111 → 114 (+3)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
+$4.32M |
| 2 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$3.99M |
| 3 |
GIPM
G2 Investment Partners Management
New York
|
+$3M |
| 4 |
Renaissance Technologies
New York
|
+$2.02M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$4.29M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
-$2.48M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.36M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$2.16M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
126
Virtu KCG Holdings
New York
| – | -$111K | -10,602 | Closed |
|
127
BNP Paribas Financial Markets
Paris,
France
| – | -$213 | -23 | Closed |
|
MCHX Hedge Fund Activity: Q2 2014 in Review
114 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q2 2014, worth a combined $296M — up 19% from $250M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MCHX positions and 14 closed out — a net gain of 3 holders — while 55 added to existing stakes and 30 trimmed.
The largest buyer was Turner Investments, opening a new position worth an estimated $4.32M. The largest seller was Fuller & Thaler Asset Management, exiting entirely with an estimated $4.29M sold.
- 114 institutional investors held Marchex (MCHX) as of Q2 2014, up from 111 in Q1 2014.
- Funds reported $296M of Marchex stock for Q2 2014, up 19% quarter-over-quarter.
- 17 funds opened new Marchex positions in Q2 2014 and 14 closed out, a net change of +3 holders.
- The largest Marchex buyer in Q2 2014 was Turner Investments, an estimated $4.32M added.
- The largest Marchex seller in Q2 2014 was Fuller & Thaler Asset Management, an estimated $4.29M sold.
Based on aggregated 13F filings for Q2 2014.