We are live on ! Find out more
MMI icon

Marcus & Millichap
MMI

112 hedge funds and large institutions have $432M invested in Marcus & Millichap in 2015 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 46 increasing their positions, 25 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

414% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 7

84% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 25

72% more capital invested

Capital invested by funds: $252M → $432M (+$181M)

32% more funds holding

Funds holding: 85 → 112 (+27)

10.4% more ownership

Funds ownership: 20.7% → 31.09% (+10%)

Holders
112
Holders Change
+27
Holders Change %
+31.76%
% of All Funds
2.99%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
36
Increased
46
Reduced
25
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CGM
Capital Growth Management
Massachusetts
+$21.7M
2
AL
AJO LP
Pennsylvania
+$14.9M
3
BIT
BlackRock Institutional Trust
California
+$14M
4
ACPU
Arrowgrass Capital Partners (US)
Delaware
+$7.84M
5
O
OppenheimerFunds
New York
+$7.74M

Top Sellers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
-$5.77M
2
RA
Royce & Associates
New York
-$1.72M
3
DCM
Driehaus Capital Management
Illinois
-$1.72M
4
CIP
Convergence Investment Partners
Florida
-$1.67M
5
Citadel Advisors
Citadel Advisors
Florida
-$934K
Name Holding Trade Value Shares
Change 		Change in
Stake
State Street
26
State Street
Massachusetts
$5.52M +$595K +16,661 +13%
ECP
27
Elk Creek Partners
Colorado
$5.3M -$279K -7,820 -5%
3NC
28
300 North Capital
California
$5.27M +$84.8K +2,374 +2%
MCM
29
McKinley Capital Management
Alaska
$5.24M -$714 -20 -0%
Northern Trust
30
Northern Trust
Illinois
$5.2M +$2.03M +56,764 +69%
TCIM
31
TIAA CREF Investment Management
New York
$4.97M +$1.86M +52,129 +65%
PI
32
Putnam Investments
Massachusetts
$4.72M +$4.5M +125,980 New
EIM
33
Essex Investment Management
Massachusetts
$4.44M +$23.6K +660 +0.6%
RFC
34
Russell Frank Company
Washington
$4.4M -$402K -11,268 -9%
State of New Jersey Common Pension Fund D
35
State of New Jersey Common Pension Fund D
New Jersey
$4.31M +$1.43M +40,000 +53%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$4.14M +$761K +21,328 +24%
Citadel Advisors
37
Citadel Advisors
Florida
$3.93M -$934K -26,167 -20%
Millennium Management
38
Millennium Management
New York
$3.86M +$1.97M +55,252 +116%
Wellington Management Group
39
Wellington Management Group
Massachusetts
$3.79M -$5.77M -161,515 -62%
MIM
40
Monashee Investment Management
Massachusetts
$3.75M +$3.57M +100,000 New
RA
41
Royce & Associates
New York
$3.65M -$1.72M -48,260 -33%
Renaissance Technologies
42
Renaissance Technologies
New York
$3.3M +$3.15M +88,100 New
GCP
43
GSA Capital Partners
United Kingdom
$3.25M +$857K +24,000 +38%
Deutsche Bank
44
Deutsche Bank
Germany
$2.87M +$1.05M +29,315 +62%
BIM
45
BlackRock Investment Management
Delaware
$2.66M +$516K +14,454 +26%
SIM
46
Spark Investment Management
New York
$2.59M – – –
PAM
47
Panagora Asset Management
Massachusetts
$2.17M +$2.07M +57,862 New
Prudential Financial
48
Prudential Financial
New Jersey
$2.15M +$2.05M +57,300 New
D.E. Shaw & Co
49
D.E. Shaw & Co
New York
$2.13M +$1.81M +50,660 +805%
Charles Schwab
50
Charles Schwab
California
$1.85M +$440K +12,336 +33%
1
2
3 4 5

MMI Hedge Fund Activity: Q1 2015 in Review

112 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2015, worth a combined $432M — up 72% from $252M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new MMI positions and 7 closed out — a net gain of 29 holders — while 46 added to existing stakes and 25 trimmed.

The largest buyer was Capital Growth Management, opening a new position worth an estimated $21.7M. The largest seller was Wellington Management Group, cutting an estimated $5.77M.

  • 112 institutional investors held Marcus & Millichap (MMI) as of Q1 2015, up from 85 in Q4 2014.
  • Funds reported $432M of Marcus & Millichap stock for Q1 2015, up 72% quarter-over-quarter.
  • 36 funds opened new Marcus & Millichap positions in Q1 2015 and 7 closed out, a net change of +29 holders.
  • The largest Marcus & Millichap buyer in Q1 2015 was Capital Growth Management, an estimated $21.7M added.
  • The largest Marcus & Millichap seller in Q1 2015 was Wellington Management Group, an estimated $5.77M sold.

Based on aggregated 13F filings for Q1 2015.