Marchex
MCHX
100 hedge funds and large institutions have $115M invested in Marchex in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 10 closing their positions.
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
23% more funds holding
Funds holding: 81 → 100 (+19)
12% more capital invested
Capital invested by funds: $103M → $115M (+$12.8M)
7.18% more ownership
Funds ownership: 57.4% → 64.57% (+7.2%)
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.66M |
| 2 |
State Street
Boston,
Massachusetts
|
+$2.05M |
| 3 |
Renaissance Technologies
New York
|
+$1.74M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.47M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.86M |
| 2 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$1.75M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.38M |
| 4 |
WAM
Winslow Asset Management
Beachwood,
Ohio
|
-$1.25M |
| 5 |
CL
CPWM LLC
Seattle,
Washington
|
-$905K |
MCHX Hedge Fund Activity: Q2 2019 in Review
100 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q2 2019, worth a combined $115M — up 12% from $103M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new MCHX positions and 10 closed out — a net gain of 19 holders — while 30 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $7.66M. The largest seller was Kennedy Capital Management, cutting an estimated $1.86M.
- 100 institutional investors held Marchex (MCHX) as of Q2 2019, up from 81 in Q1 2019.
- Funds reported $115M of Marchex stock for Q2 2019, up 12% quarter-over-quarter.
- 29 funds opened new Marchex positions in Q2 2019 and 10 closed out, a net change of +19 holders.
- The largest Marchex buyer in Q2 2019 was BlackRock, an estimated $7.66M added.
- The largest Marchex seller in Q2 2019 was Kennedy Capital Management, an estimated $1.86M sold.
Based on aggregated 13F filings for Q2 2019.