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 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 8

55% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 29

42% more call options, than puts

Call options by funds: $414K | Put options by funds: $292K

12% more funds holding

Funds holding: 100 → 112 (+12)

2% more capital invested

Capital invested by funds: $426M → $432M (+$6.51M)

0.4% less ownership

Funds ownership: 42.42% → 42.02% (-0.4%)

100% less funds holding in top 10

Funds holding in top 10: 2 → 0 (-2)

Holders
112
Holders Change
+12
Holders Change %
+12%
% of All Funds
2.79%
Holding in Top 10
–
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
–
New
22
Increased
45
Reduced
29
Closed
8
Calls
$414K
Puts
$292K
Net Calls
+$122K
Net Calls Change
-$683K

Top Buyers

1
GIP
Granite Investment Partners
California
+$13.9M
2
AL
AJO LP
Pennsylvania
+$5.65M
3
Norges Bank
Norges Bank
Norway
+$4.97M
4
TCGI
Three Corner Global Investors
New York
+$2.64M
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$2.45M

Top Sellers

1
ROIC
Route One Investment Company
California
-$39.8M
2
Jennison Associates
Jennison Associates
New York
-$6.71M
3
NMVA
New Mountain Vantage Advisers
New York
-$3.91M
4
FTCM
First Trust Capital Management
Illinois
-$3.22M
5
MWNA
Marshall Wace North America
New York
-$2.15M
Name Holding Trade Value Shares
Change 		Change in
Stake
Prudential Financial
51
Prudential Financial
New Jersey
$842K -$73.1K -2,810 -8%
Fuller & Thaler Asset Management
52
Fuller & Thaler Asset Management
California
$812K +$575K +22,100 +276%
Swiss National Bank
53
Swiss National Bank
Switzerland
$761K – – –
EIM
54
Essex Investment Management
Massachusetts
$727K – – –
ZCM
55
Zebra Capital Management
Connecticut
$724K -$32.4K -1,245 -4%
California State Teachers Retirement System (CalSTRS)
56
California State Teachers Retirement System (CalSTRS)
California
$699K -$64.1K -2,464 -9%
DCM
57
Dupont Capital Management
Delaware
$677K +$653K +25,100 New
Comerica Bank
58
Comerica Bank
Texas
$645K -$214K -8,235 -26%
GCP
59
GSA Capital Partners
United Kingdom
$636K +$613K +23,546 New
MCC
60
Malaga Cove Capital
California
$588K +$578K +22,217 New
CS
61
Credit Suisse
Switzerland
$494K +$246K +9,459 +107%
PAM
62
Panagora Asset Management
Massachusetts
$480K +$419K +16,115 +972%
RhumbLine Advisers
63
RhumbLine Advisers
Massachusetts
$474K +$6.89K +265 +2%
Envestnet Asset Management
64
Envestnet Asset Management
Illinois
$429K +$91.1K +3,502 +28%
HK
65
Horizon Kinetics
New York
$427K +$6.22K +239 +2%
MM
66
Midas Management
New York
$405K – – –
EMG
67
Ellington Management Group
Connecticut
$399K +$385K +14,800 New
Schroder Investment Management Group
68
Schroder Investment Management Group
United Kingdom
$387K +$375K +14,412 New
SIM
69
Spark Investment Management
New York
$385K +$372K +14,300 New
Manulife (Manufacturers Life Insurance)
70
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$363K -$1.93K -74 -0.5%
HI
71
HBK Investments
Texas
$330K +$318K +12,226 New
PPA
72
Parametric Portfolio Associates
Washington
$305K +$963 +37 +0.3%
AllianceBernstein
73
AllianceBernstein
Tennessee
$302K -$169K -6,500 -37%
Invesco
74
Invesco
Georgia
$302K +$16.8K +645 +6%
AIG
75
American International Group
New York
$290K +$20.9K +803 +8%
1 2
3
4 5

MMI Hedge Fund Activity: Q3 2017 in Review

112 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q3 2017, worth a combined $432M — up 1.5% from $426M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new MMI positions and 8 closed out — a net gain of 14 holders — while 45 added to existing stakes and 29 trimmed.

The largest buyer was Granite Investment Partners, opening a new position worth an estimated $13.9M. The largest seller was Route One Investment Company, exiting entirely with an estimated $39.8M sold.

  • 112 institutional investors held Marcus & Millichap (MMI) as of Q3 2017, up from 100 in Q2 2017.
  • Funds reported $432M of Marcus & Millichap stock for Q3 2017, up 1.5% quarter-over-quarter.
  • 22 funds opened new Marcus & Millichap positions in Q3 2017 and 8 closed out, a net change of +14 holders.
  • The largest Marcus & Millichap buyer in Q3 2017 was Granite Investment Partners, an estimated $13.9M added.
  • The largest Marcus & Millichap seller in Q3 2017 was Route One Investment Company, an estimated $39.8M sold.

Based on aggregated 13F filings for Q3 2017.