Marchex
MCHX
66 hedge funds and large institutions have $54.5M invested in Marchex in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% more funds holding
Funds holding: 60 → 66 (+6)
6% less capital invested
Capital invested by funds: $57.8M → $54.5M (-$3.35M)
6.42% less ownership
Funds ownership: 56.63% → 50.21% (-6.4%)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $67K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$1.65M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.56M |
| 3 |
Renaissance Technologies
New York
|
+$722K |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$704K |
| 5 |
JP Morgan Chase
New York
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$4.44M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.68M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$1.59M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$760K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$603K |
MCHX Hedge Fund Activity: Q4 2018 in Review
66 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q4 2018, worth a combined $54.5M — down 5.8% from $57.8M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MCHX positions and 9 closed out — a net gain of 7 holders — while 18 added to existing stakes and 23 trimmed.
The largest buyer was Royce & Associates, opening a new position worth an estimated $1.65M. The largest seller was Prescott Group Capital Management, cutting an estimated $4.44M.
- 66 institutional investors held Marchex (MCHX) as of Q4 2018, up from 60 in Q3 2018.
- Funds reported $54.5M of Marchex stock for Q4 2018, down 5.8% quarter-over-quarter.
- 16 funds opened new Marchex positions in Q4 2018 and 9 closed out, a net change of +7 holders.
- The largest Marchex buyer in Q4 2018 was Royce & Associates, an estimated $1.65M added.
- The largest Marchex seller in Q4 2018 was Prescott Group Capital Management, an estimated $4.44M sold.
Based on aggregated 13F filings for Q4 2018.