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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
First Trust Advisors
51
First Trust Advisors
Illinois
$1.51M +$123K +4,125 +10%
BNP Paribas Financial Markets
52
BNP Paribas Financial Markets
France
$1.51M +$1.32M +44,473 +2,604%
Boston Partners
53
Boston Partners
Massachusetts
$1.46M
Prudential Financial
54
Prudential Financial
New Jersey
$1.43M +$378K +12,680 +41%
Goldman Sachs
55
Goldman Sachs
New York
$1.41M -$310K -10,422 -19%
SCA
56
Secor Capital Advisors
New York
$1.31M -$87.8K -2,948 -7%
Fuller & Thaler Asset Management
57
Fuller & Thaler Asset Management
California
$1.27M +$262K +8,800 +29%
Jennison Associates
58
Jennison Associates
New York
$1.26M +$3.84K +129 +0.3%
ZCM
59
Zebra Capital Management
Connecticut
$1.18M +$276K +9,269 +35%
Russell Investments Group
60
Russell Investments Group
United Kingdom
$1.07M +$697K +23,394 +239%
PAM
61
Panagora Asset Management
Massachusetts
$1.06M +$437K +14,674 +83%
TA
62
Teachers Advisors
New York
$1.02M -$36.9K -1,238 -4%
GCP
63
GSA Capital Partners
United Kingdom
$1.01M +$220K +7,388 +31%
Schroder Investment Management Group
64
Schroder Investment Management Group
United Kingdom
$981K +$467K +15,683 +109%
CCMH
65
Cornerstone Capital Management Holdings
New York
$935K +$855K +28,700 New
Swiss National Bank
66
Swiss National Bank
Switzerland
$920K
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$824K -$18.4K -617 -2%
EIM
68
Essex Investment Management
Massachusetts
$771K -$99.1K -3,326 -12%
SO
69
STRS Ohio
Ohio
$759K +$694K +23,300 New
PPA
70
Parametric Portfolio Associates
Washington
$751K +$349K +11,715 +104%
MCC
71
Malaga Cove Capital
California
$724K
SRAM
72
Stone Ridge Asset Management
New York
$709K +$648K +21,752 New
Comerica Bank
73
Comerica Bank
Texas
$681K -$57.1K -1,916 -8%
QC
74
Quadrature Capital
United Kingdom
$644K +$587K +19,725 New
Bank of America
75
Bank of America
North Carolina
$640K +$537K +18,020 +1,115%

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.