We are live on ! Find out more
MMI icon

Marcus & Millichap
MMI

128 hedge funds and large institutions have $384M invested in Marcus & Millichap in 2015 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 45 increasing their positions, 43 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 43

0.33% less ownership

Funds ownership: 35.89% → 35.56% (-0.33%)

3% less funds holding

Funds holding: 132 → 128 (-4)

10% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 29

37% less capital invested

Capital invested by funds: $612M → $384M (-$227M)

100% less funds holding in top 10

Funds holding in top 10: 4 → 0 (-4)

Holders
128
Holders Change
-4
Holders Change %
-3.03%
% of All Funds
3.36%
Holding in Top 10
–
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-100%
% of All Funds
–
New
26
Increased
45
Reduced
43
Closed
29
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
RA
Royce & Associates
New York
+$24.3M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$14.9M
3
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
+$8.44M
4
WA
Wasatch Advisors
Utah
+$7.06M
5
Norges Bank
Norges Bank
Norway
+$6.91M

Top Sellers

1
CGM
Capital Growth Management
Massachusetts
-$30.3M
2
Allianz Asset Management
Allianz Asset Management
Germany
-$12.2M
3
BIT
BlackRock Institutional Trust
California
-$8.16M
4
GIP
Granite Investment Partners
California
-$6.52M
5
TCM
Timpani Capital Management
Wisconsin
-$4.89M
Name Holding Trade Value Shares
Change 		Change in
Stake
Millennium Management
26
Millennium Management
New York
$4.56M +$5.83M +156,508 New
Northern Trust
27
Northern Trust
Illinois
$4.46M -$1.51M -40,506 -21%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$4.29M -$1.24M -33,253 -18%
BG
29
BlackRock Group
United Kingdom
$3.73M +$220K +5,911 +5%
GCP
30
GSA Capital Partners
United Kingdom
$3.4M +$1.73M +46,488 +66%
State of New Jersey Common Pension Fund D
31
State of New Jersey Common Pension Fund D
New Jersey
$2.91M -$559K -15,000 -13%
QI
32
QS Investors
New York
$2.83M -$307K -8,248 -8%
Arrowstreet Capital
33
Arrowstreet Capital
Massachusetts
$2.77M -$2.5M -67,072 -41%
BIM
34
BlackRock Investment Management
Delaware
$2.76M +$93.4K +2,507 +3%
Bank of New York Mellon
35
Bank of New York Mellon
New York
$2.57M -$506K -13,577 -13%
Fiera Capital (Canada)
36
Fiera Capital (Canada)
Quebec, Canada
$2.47M +$1.62M +43,400 +105%
EIM
37
Essex Investment Management
Massachusetts
$2.46M -$1.42M -38,225 -31%
SIM
38
Spark Investment Management
New York
$2.34M +$1.07M +28,600 +55%
PC
39
Pier Capital
Connecticut
$2.3M -$3.14M -84,354 -52%
WRF
40
Waddell & Reed Financial
Kansas
$2.28M – – –
NIP
41
Nicholas Investment Partners
California
$2.28M +$22.6K +607 +0.8%
PAM
42
Panagora Asset Management
Massachusetts
$2.26M -$484K -12,990 -14%
WSA
43
Wall Street Associates
California
$2.11M -$2.45M -65,700 -48%
OAM
44
Oxford Asset Management
United Kingdom
$1.98M +$2.53M +67,939 New
BlackRock
45
BlackRock
New York
$1.79M +$185K +4,969 +9%
RFC
46
Russell Frank Company
Washington
$1.76M -$1.94M -51,961 -46%
Wellington Management Group
47
Wellington Management Group
Massachusetts
$1.68M +$74.2K +1,993 +4%
AI
48
Analytic Investors
California
$1.47M +$400K +10,738 +27%
Allianz Asset Management
49
Allianz Asset Management
Germany
$1.41M -$12.2M -327,707 -87%
CS
50
Credit Suisse
Switzerland
$1.38M +$189K +5,082 +12%
1
2
3 4 5

MMI Hedge Fund Activity: Q4 2015 in Review

128 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q4 2015, worth a combined $384M — down 37% from $612M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of MMI and 26 opened new positions — a net loss of 3 holders — while 43 trimmed existing stakes and 45 added.

The largest buyer was Royce & Associates, adding an estimated $24.3M. The largest seller was Capital Growth Management, exiting entirely with an estimated $30.3M sold.

  • 128 institutional investors held Marcus & Millichap (MMI) as of Q4 2015, down from 132 in Q3 2015.
  • Funds reported $384M of Marcus & Millichap stock for Q4 2015, down 37% quarter-over-quarter.
  • 26 funds opened new Marcus & Millichap positions in Q4 2015 and 29 closed out, a net change of -3 holders.
  • The largest Marcus & Millichap buyer in Q4 2015 was Royce & Associates, an estimated $24.3M added.
  • The largest Marcus & Millichap seller in Q4 2015 was Capital Growth Management, an estimated $30.3M sold.

Based on aggregated 13F filings for Q4 2015.