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Marcus & Millichap

159 hedge funds and large institutions have $752M invested in Marcus & Millichap in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 63 increasing their positions, 64 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.35% less ownership

Funds ownership: 60.64%60.29% (-0.35%)

2% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 64

2% less capital invested

Capital invested by funds: $766M → $752M (-$13.9M)

11% less funds holding

Funds holding: 178159 (-19)

53% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 32

75% less call options, than puts

Call options by funds: $42K | Put options by funds: $170K

Holders
159
Holders Change
-19
Holders Change %
-10.67%
% of All Funds
2.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
63
Reduced
64
Closed
32
Calls
$42K
Puts
$170K
Net Calls
-$128K
Net Calls Change
-$56K
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$3.47M -$3.72M -107,100 -50%
Jacobs Levy Equity Management
27
Jacobs Levy Equity Management
New Jersey
$2.92M -$398K -11,476 -11%
JP Morgan Chase
28
JP Morgan Chase
New York
$2.78M +$876K +25,237 +41%
Goldman Sachs
29
Goldman Sachs
New York
$2.71M +$535K +15,425 +22%
PAM
30
Panagora Asset Management
Massachusetts
$2.66M -$1.84M -52,946 -39%
CEI
31
Clark Estates Inc
New York
$2.42M +$2.62M +75,500 New
Legal & General Group
32
Legal & General Group
United Kingdom
$2.34M -$33.7K -972 -1%
CI
33
Cambiar Investors
Colorado
$2.31M +$343K +9,884 +16%
RhumbLine Advisers
34
RhumbLine Advisers
Massachusetts
$2.28M +$112K +3,221 +5%
ETM
35
Euclidean Technologies Management
Washington
$1.94M
Wells Fargo
36
Wells Fargo
California
$1.88M +$538K +15,508 +36%
Citadel Advisors
37
Citadel Advisors
Florida
$1.83M +$1.66M +47,793 +524%
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$1.81M +$7.82M +225,155 +375%
Swiss National Bank
39
Swiss National Bank
Switzerland
$1.77M -$260K -7,500 -12%
Skandinaviska Enskilda Banken (SEB)
40
Skandinaviska Enskilda Banken (SEB)
Sweden
$1.73M +$83.3K +2,400 +5%
Squarepoint
41
Squarepoint
New York
$1.69M +$1.83M +52,641 New
Assenagon Asset Management
42
Assenagon Asset Management
Luxembourg
$1.66M +$231K +6,667 +15%
HPCM
43
Hunter Perkins Capital Management
Illinois
$1.48M +$1.07M +30,912 +207%
Barclays
44
Barclays
United Kingdom
$1.45M -$177K -5,103 -10%
CS
45
Credit Suisse
Switzerland
$1.42M +$75.5K +2,175 +5%
Public Sector Pension Investment Board (PSP Investments)
46
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.4M -$52.1K -1,501 -3%
Tudor Investment Corp
47
Tudor Investment Corp
Connecticut
$1.36M +$382 +11 +0%
TD Asset Management
48
TD Asset Management
Ontario, Canada
$1.23M +$705K +20,300 +112%
UBS AM
49
UBS AM
Illinois
$1.23M +$1.32M +38,162 New
Grantham, Mayo, Van Otterloo & Co (GMO)
50
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.12M +$174K +5,000 +17%

MMI Hedge Fund Activity: Q1 2023 in Review

159 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2023, worth a combined $752M — down 1.8% from $766M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of MMI and 15 opened new positions — a net loss of 17 holders — while 64 trimmed existing stakes and 63 added.

The largest buyer was Envestnet Asset Management, adding an estimated $7.82M. The largest seller was BlackRock, cutting an estimated $12.1M.

  • 159 institutional investors held Marcus & Millichap (MMI) as of Q1 2023, down from 178 in Q4 2022.
  • Funds reported $752M of Marcus & Millichap stock for Q1 2023, down 1.8% quarter-over-quarter.
  • 15 funds opened new Marcus & Millichap positions in Q1 2023 and 32 closed out, a net change of -17 holders.
  • The largest Marcus & Millichap buyer in Q1 2023 was Envestnet Asset Management, an estimated $7.82M added.
  • The largest Marcus & Millichap seller in Q1 2023 was BlackRock, an estimated $12.1M sold.

Based on aggregated 13F filings for Q1 2023.