Marchex
MCHX
27 hedge funds and large institutions have $41.9M invested in Marchex in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 2 closing their positions.
11% more capital invested
Capital invested by funds: $37.8M → $41.9M (+$4.04M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.24% less ownership
Funds ownership: 63.1% → 60.86% (-2.2%)
4% less funds holding
Funds holding: 28 → 27 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| 1 |
First Eagle Investment Management
New York
|
+$62.5K |
| 2 |
Goldman Sachs
New York
|
+$56.7K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$25.9K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.83K |
Top Sellers
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.47M |
| 2 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
-$192K |
| 3 |
Renaissance Technologies
New York
|
-$42.7K |
| 4 |
BlackRock
New York
|
-$35.6K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$24.6K |
MCHX Hedge Fund Activity: Q1 2023 in Review
27 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Marchex (MCHX) for Q1 2023, worth a combined $41.9M — up 11% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MCHX and 1 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 3 added.
The largest buyer was First Eagle Investment Management, adding an estimated $62.5K. The largest seller was B. Riley Financial, cutting an estimated $1.47M.
- 27 institutional investors held Marchex (MCHX) as of Q1 2023, down from 28 in Q4 2022.
- Funds reported $41.9M of Marchex stock for Q1 2023, up 11% quarter-over-quarter.
- 1 fund opened new Marchex positions in Q1 2023 and 2 closed out, a net change of -1 holder.
- The largest Marchex buyer in Q1 2023 was First Eagle Investment Management, an estimated $62.5K added.
- The largest Marchex seller in Q1 2023 was B. Riley Financial, an estimated $1.47M sold.
Based on aggregated 13F filings for Q1 2023.