Marcus & Millichap
163 hedge funds and large institutions have $716M invested in Marcus & Millichap in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 75 increasing their positions, 54 reducing their positions, and 21 closing their positions.
6,975% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $24K
39% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 54
1.57% more ownership
Funds ownership: 51.83% → 53.4% (+1.6%)
5% less funds holding
Funds holding: 171 → 163 (-8)
8% less capital invested
Capital invested by funds: $780M → $716M (-$64.1M)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.2M |
| 2 |
RA
Royce & Associates
New York
|
+$11M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$6.02M |
| 4 |
BlackRock
New York
|
+$4.87M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.13M |
Top Sellers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.9M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$7.98M |
| 3 |
Millennium Management
New York
|
-$6.22M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.69M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.25M |
MMI Hedge Fund Activity: Q3 2018 in Review
163 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q3 2018, worth a combined $716M — down 8.2% from $780M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MMI and 13 opened new positions — a net loss of 8 holders — while 54 trimmed existing stakes and 75 added.
The largest buyer was Vanguard Group, adding an estimated $11.2M. The largest seller was Arrowstreet Capital, cutting an estimated $9.9M.
- 163 institutional investors held Marcus & Millichap (MMI) as of Q3 2018, down from 171 in Q2 2018.
- Funds reported $716M of Marcus & Millichap stock for Q3 2018, down 8.2% quarter-over-quarter.
- 13 funds opened new Marcus & Millichap positions in Q3 2018 and 21 closed out, a net change of -8 holders.
- The largest Marcus & Millichap buyer in Q3 2018 was Vanguard Group, an estimated $11.2M added.
- The largest Marcus & Millichap seller in Q3 2018 was Arrowstreet Capital, an estimated $9.9M sold.
Based on aggregated 13F filings for Q3 2018.