Marchex
MCHX
79 hedge funds and large institutions have $131M invested in Marchex in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
37% more capital invested
Capital invested by funds: $95.6M → $131M (+$35.2M)
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
20% more funds holding
Funds holding: 66 → 79 (+13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$6.14M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.66M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.04M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$916K |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$874K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.05M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$1.6M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
-$848K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$537K |
| 5 |
PCP
Perimeter Capital Partners
Atlanta,
Georgia
|
-$524K |
MCHX Hedge Fund Activity: Q4 2013 in Review
79 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q4 2013, worth a combined $131M — up 37% from $95.6M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MCHX positions and 8 closed out — a net gain of 13 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Cortina Asset Management, opening a new position worth an estimated $6.14M. The largest seller was Goldman Sachs, cutting an estimated $2.05M.
- 79 institutional investors held Marchex (MCHX) as of Q4 2013, up from 66 in Q3 2013.
- Funds reported $131M of Marchex stock for Q4 2013, up 37% quarter-over-quarter.
- 21 funds opened new Marchex positions in Q4 2013 and 8 closed out, a net change of +13 holders.
- The largest Marchex buyer in Q4 2013 was Cortina Asset Management, an estimated $6.14M added.
- The largest Marchex seller in Q4 2013 was Goldman Sachs, an estimated $2.05M sold.
Based on aggregated 13F filings for Q4 2013.