Marchex
MCHX
63 hedge funds and large institutions have $43.8M invested in Marchex in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 24 reducing their positions, and 24 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
4% more capital invested
Capital invested by funds: $42.2M → $43.8M (+$1.62M)
3.66% less ownership
Funds ownership: 73.23% → 69.57% (-3.7%)
17% less funds holding
Funds holding: 76 → 63 (-13)
42% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 24
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $774K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$3.67M |
| 2 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$620K |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$377K |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$295K |
| 5 |
Jane Street
New York
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.47M |
| 2 |
State Street
Boston,
Massachusetts
|
-$873K |
| 3 |
RA
Royce & Associates
New York
|
-$607K |
| 4 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$605K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$494K |
MCHX Hedge Fund Activity: Q2 2020 in Review
63 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q2 2020, worth a combined $43.8M — up 3.8% from $42.2M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MCHX and 13 opened new positions — a net loss of 11 holders — while 24 trimmed existing stakes and 14 added.
The largest buyer was Roumell Asset Management, adding an estimated $3.67M. The largest seller was BlackRock, cutting an estimated $2.47M.
- 63 institutional investors held Marchex (MCHX) as of Q2 2020, down from 76 in Q1 2020.
- Funds reported $43.8M of Marchex stock for Q2 2020, up 3.8% quarter-over-quarter.
- 13 funds opened new Marchex positions in Q2 2020 and 24 closed out, a net change of -11 holders.
- The largest Marchex buyer in Q2 2020 was Roumell Asset Management, an estimated $3.67M added.
- The largest Marchex seller in Q2 2020 was BlackRock, an estimated $2.47M sold.
Based on aggregated 13F filings for Q2 2020.