Marchex
MCHX
97 hedge funds and large institutions have $103M invested in Marchex in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 25 reducing their positions, and 31 closing their positions.
336% more call options, than puts
Call options by funds: $933K | Put options by funds: $214K
60% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 25
15% less funds holding
Funds holding: 114 → 97 (-17)
55% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 31
65% less capital invested
Capital invested by funds: $296M → $103M (-$193M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.18M |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$4.96M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$3.82M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.08M |
| 5 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$9.93M |
| 2 |
WSA
Wall Street Associates
Lajolla,
California
|
-$9.61M |
| 3 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$5.91M |
| 4 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$4.94M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$4.19M |
MCHX Hedge Fund Activity: Q3 2014 in Review
97 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q3 2014, worth a combined $103M — down 65% from $296M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of MCHX and 14 opened new positions — a net loss of 17 holders — while 25 trimmed existing stakes and 40 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $5.18M. The largest seller was BAMCO Inc, exiting entirely with an estimated $9.93M sold.
- 97 institutional investors held Marchex (MCHX) as of Q3 2014, down from 114 in Q2 2014.
- Funds reported $103M of Marchex stock for Q3 2014, down 65% quarter-over-quarter.
- 14 funds opened new Marchex positions in Q3 2014 and 31 closed out, a net change of -17 holders.
- The largest Marchex buyer in Q3 2014 was Wellington Management Group, an estimated $5.18M added.
- The largest Marchex seller in Q3 2014 was BAMCO Inc, an estimated $9.93M sold.
Based on aggregated 13F filings for Q3 2014.