We are live on ! Find out more
MMI icon

Marcus & Millichap
MMI

138 hedge funds and large institutions have $853M invested in Marcus & Millichap in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 51 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 10

33% more capital invested

Capital invested by funds: $640M → $853M (+$213M)

10% more funds holding

Funds holding: 125 → 138 (+13)

0.88% less ownership

Funds ownership: 59.1% → 58.22% (-0.88%)

29% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 51

Holders
138
Holders Change
+13
Holders Change %
+10.4%
% of All Funds
2.44%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
23
Increased
36
Reduced
51
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$32.1M
2
GPGA
Grandeur Peak Global Advisors
Utah
+$5.87M
3
IECM
Intrinsic Edge Capital Management
Illinois
+$3.03M
4
Geode Capital Management
Geode Capital Management
Massachusetts
+$2.36M
5
Citadel Advisors
Citadel Advisors
Florida
+$2.35M

Top Sellers

Rank Fund Capital Flow
1
RA
Royce & Associates
New York
-$20.5M
2
Janus Henderson Group
Janus Henderson Group
United Kingdom
-$10.3M
3
RRAM
River Road Asset Management
Kentucky
-$5.46M
4
VNIM
Vaughan Nelson Investment Management
Texas
-$5.23M
5
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
-$3.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$3.96M -$161K -4,759 -4%
JP Morgan Chase
27
JP Morgan Chase
New York
$3.68M +$2.14M +63,287 +178%
MCM
28
Matarin Capital Management
New York
$3.66M -$105K -3,091 -3%
IECM
29
Intrinsic Edge Capital Management
Illinois
$3.33M +$3.03M +89,320 New
Natixis Advisors
30
Natixis Advisors
Massachusetts
$3.27M -$503K -14,836 -14%
RhumbLine Advisers
31
RhumbLine Advisers
Massachusetts
$2.89M +$212K +6,262 +9%
Morgan Stanley
32
Morgan Stanley
New York
$2.85M -$2.68M -79,239 -51%
Legal & General Group
33
Legal & General Group
United Kingdom
$2.82M +$5.42K +160 +0.2%
Citadel Advisors
34
Citadel Advisors
Florida
$2.58M +$2.35M +69,342 New
CI
35
Cambiar Investors
Colorado
$2.54M -$545K -16,098 -19%
Swiss National Bank
36
Swiss National Bank
Switzerland
$1.99M – – –
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$1.98M +$7.12K +210 +0.4%
Public Sector Pension Investment Board (PSP Investments)
38
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.98M +$17.3K +510 +1%
PPA
39
Parametric Portfolio Associates
Washington
$1.93M +$136K +4,008 +8%
State Board of Administration of Florida Retirement System
40
State Board of Administration of Florida Retirement System
Florida
$1.93M +$483K +14,262 +38%
Invesco
41
Invesco
Georgia
$1.92M +$154K +4,541 +10%
Millennium Management
42
Millennium Management
New York
$1.75M +$1.59M +47,052 New
New York State Common Retirement Fund
43
New York State Common Retirement Fund
New York
$1.68M – – –
AllianceBernstein
44
AllianceBernstein
Tennessee
$1.6M -$1.49M -44,117 -51%
First Trust Advisors
45
First Trust Advisors
Illinois
$1.57M +$266K +7,842 +23%
Envestnet Asset Management
46
Envestnet Asset Management
Illinois
$1.56M -$89.2K -2,632 -6%
Bank of America
47
Bank of America
North Carolina
$1.51M -$1.32M -38,868 -49%
FNBOO
48
First National Bank of Omaha
Nebraska
$1.41M -$25.2K -744 -2%
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$1.31M -$11.5K -338 -1%
Russell Investments Group
50
Russell Investments Group
United Kingdom
$1.17M -$452K -13,334 -30%
1
2
3 4 5

MMI Hedge Fund Activity: Q4 2020 in Review

138 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q4 2020, worth a combined $853M — up 33% from $640M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new MMI positions and 10 closed out — a net gain of 13 holders — while 36 added to existing stakes and 51 trimmed.

The largest buyer was BlackRock, adding an estimated $32.1M. The largest seller was Royce & Associates, cutting an estimated $20.5M.

  • 138 institutional investors held Marcus & Millichap (MMI) as of Q4 2020, up from 125 in Q3 2020.
  • Funds reported $853M of Marcus & Millichap stock for Q4 2020, up 33% quarter-over-quarter.
  • 23 funds opened new Marcus & Millichap positions in Q4 2020 and 10 closed out, a net change of +13 holders.
  • The largest Marcus & Millichap buyer in Q4 2020 was BlackRock, an estimated $32.1M added.
  • The largest Marcus & Millichap seller in Q4 2020 was Royce & Associates, an estimated $20.5M sold.

Based on aggregated 13F filings for Q4 2020.