Marchex
MCHX
42 hedge funds and large institutions have $48.4M invested in Marchex in 2020 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 24 reducing their positions, and 11 closing their positions.
3.44% more ownership
Funds ownership: 67.36% → 70.8% (+3.4%)
15% less capital invested
Capital invested by funds: $57M → $48.4M (-$8.53M)
19% less funds holding
Funds holding: 52 → 42 (-10)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
75% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 24
91% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$10.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$55.6K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$14.7K |
| 4 |
Morgan Stanley
New York
|
+$10.4K |
| 5 |
FQ
First Quadrant
Glendale,
California
|
+$9.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$7.03M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.84M |
| 3 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$1.52M |
| 4 |
SST
S Squared Technology
New York
|
-$1.09M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$686K |
MCHX Hedge Fund Activity: Q4 2020 in Review
42 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q4 2020, worth a combined $48.4M — down 15% from $57M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MCHX and 1 opened new positions — a net loss of 10 holders — while 24 trimmed existing stakes and 6 added.
The largest buyer was Edenbrook Capital, adding an estimated $10.7M. The largest seller was Roumell Asset Management, cutting an estimated $7.03M.
- 42 institutional investors held Marchex (MCHX) as of Q4 2020, down from 52 in Q3 2020.
- Funds reported $48.4M of Marchex stock for Q4 2020, down 15% quarter-over-quarter.
- 1 fund opened new Marchex positions in Q4 2020 and 11 closed out, a net change of -10 holders.
- The largest Marchex buyer in Q4 2020 was Edenbrook Capital, an estimated $10.7M added.
- The largest Marchex seller in Q4 2020 was Roumell Asset Management, an estimated $7.03M sold.
Based on aggregated 13F filings for Q4 2020.