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Marcus & Millichap

130 hedge funds and large institutions have $559M invested in Marcus & Millichap in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 28 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

164% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 11

114% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 28

73% more call options, than puts

Call options by funds: $491K | Put options by funds: $284K

29% more capital invested

Capital invested by funds: $432M → $559M (+$127M)

16% more funds holding

Funds holding: 112130 (+18)

2.91% more ownership

Funds ownership: 42.02%44.93% (+2.9%)

Holders
130
Holders Change
+18
Holders Change %
+16.07%
% of All Funds
2.95%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
29
Increased
60
Reduced
28
Closed
11
Calls
$491K
Puts
$284K
Net Calls
+$207K
Net Calls Change
+$85K
Name Holding Trade Value Shares
Change
Change in
Stake
RP
26
Reinhart Partners
Wisconsin
$4.02M -$134K -4,490 -4%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$4.02M -$245K -8,242 -6%
Arrowstreet Capital
28
Arrowstreet Capital
Massachusetts
$3.96M +$1.84M +61,889 +104%
Renaissance Technologies
29
Renaissance Technologies
New York
$3.94M +$745K +25,000 +26%
Charles Schwab
30
Charles Schwab
California
$3.61M +$1.69M +56,803 +105%
TCIM
31
TIAA CREF Investment Management
New York
$3.58M +$1.75M +58,754 +115%
Wellington Management Group
32
Wellington Management Group
Massachusetts
$3.47M +$3.17M +106,389 New
Citadel Advisors
33
Citadel Advisors
Florida
$3.1M +$345K +11,599 +14%
Morgan Stanley
34
Morgan Stanley
New York
$2.87M +$1.38M +46,456 +112%
Deutsche Bank
35
Deutsche Bank
Germany
$2.69M +$470K +15,785 +24%
QI
36
QS Investors
New York
$2.46M -$65.7K -2,206 -3%
FIM
37
Foresters Investment Management
New York
$2.43M -$2.2M -74,000 -50%
New York State Common Retirement Fund
38
New York State Common Retirement Fund
New York
$2.27M +$116K +3,880 +6%
Two Sigma Investments
39
Two Sigma Investments
New York
$2.2M -$163K -5,488 -8%
D.E. Shaw & Co
40
D.E. Shaw & Co
New York
$2.18M +$633K +21,258 +47%
State Board of Administration of Florida Retirement System
41
State Board of Administration of Florida Retirement System
Florida
$2.05M
SCC
42
Steel Canyon Capital
Arizona
$2.02M -$2.37M -79,714 -56%
PRCP
43
Pacific Ridge Capital Partners
Oregon
$1.93M +$47.4K +1,590 +3%
William Blair & Company
44
William Blair & Company
Illinois
$1.77M +$303K +10,185 +23%
PP
45
Paloma Partners
Connecticut
$1.73M +$1.58M +53,000 New
FNBOO
46
First National Bank of Omaha
Nebraska
$1.67M +$223K +7,495 +17%
DCM
47
Dupont Capital Management
Delaware
$1.65M +$763K +25,631 +102%
Acadian Asset Management
48
Acadian Asset Management
Massachusetts
$1.58M +$1.44M +48,462 New
MCM
49
Matarin Capital Management
New York
$1.58M +$106K +3,566 +8%
Jacobs Levy Equity Management
50
Jacobs Levy Equity Management
New Jersey
$1.54M +$1.4M +47,089 New

MMI Hedge Fund Activity: Q4 2017 in Review

130 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q4 2017, worth a combined $559M — up 29% from $432M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new MMI positions and 11 closed out — a net gain of 18 holders — while 60 added to existing stakes and 28 trimmed.

The largest buyer was Elk Creek Partners, opening a new position worth an estimated $9.29M. The largest seller was Royce & Associates, cutting an estimated $15.1M.

  • 130 institutional investors held Marcus & Millichap (MMI) as of Q4 2017, up from 112 in Q3 2017.
  • Funds reported $559M of Marcus & Millichap stock for Q4 2017, up 29% quarter-over-quarter.
  • 29 funds opened new Marcus & Millichap positions in Q4 2017 and 11 closed out, a net change of +18 holders.
  • The largest Marcus & Millichap buyer in Q4 2017 was Elk Creek Partners, an estimated $9.29M added.
  • The largest Marcus & Millichap seller in Q4 2017 was Royce & Associates, an estimated $15.1M sold.

Based on aggregated 13F filings for Q4 2017.