Marchex
MCHX
70 hedge funds and large institutions have $64.2M invested in Marchex in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 20 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
5% more capital invested
Capital invested by funds: $61M → $64.2M (+$3.2M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.5% less ownership
Funds ownership: 58.92% → 56.42% (-2.5%)
10% less funds holding
Funds holding: 78 → 70 (-8)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $268K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.28M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$1.25M |
| 3 |
6CM
683 Capital Management
New York
|
+$566K |
| 4 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$518K |
| 5 |
Renaissance Technologies
New York
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.45M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.28M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$779K |
| 4 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
-$482K |
| 5 |
WAM
Winslow Asset Management
Beachwood,
Ohio
|
-$414K |
MCHX Hedge Fund Activity: Q2 2017 in Review
70 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q2 2017, worth a combined $64.2M — up 5.3% from $61M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MCHX and 12 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 25 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.28M. The largest seller was BlackRock, cutting an estimated $4.45M.
- 70 institutional investors held Marchex (MCHX) as of Q2 2017, down from 78 in Q1 2017.
- Funds reported $64.2M of Marchex stock for Q2 2017, up 5.3% quarter-over-quarter.
- 12 funds opened new Marchex positions in Q2 2017 and 20 closed out, a net change of -8 holders.
- The largest Marchex buyer in Q2 2017 was Millennium Management, an estimated $1.28M added.
- The largest Marchex seller in Q2 2017 was BlackRock, an estimated $4.45M sold.
Based on aggregated 13F filings for Q2 2017.