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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
CCG
51
Chatham Capital Group
Georgia
$1.09M -$47.8K -1,378 -4%
AllianceBernstein
52
AllianceBernstein
Tennessee
$1.09M -$88.9K -2,560 -7%
Canada Life
53
Canada Life
Manitoba, Canada
$1.03M -$102K -2,951 -8%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$1.02M -$27.8K -802 -2%
ACP
55
Aviance Capital Partners
Florida
$1.02M +$13.6K +391 +1%
New York State Teachers Retirement System (NYSTRS)
56
New York State Teachers Retirement System (NYSTRS)
New York
$977K -$3.47K -100 -0.3%
MAM
57
Martingale Asset Management
Massachusetts
$942K -$28.8K -830 -3%
OQS
58
Occudo Quantitative Strategies
Florida
$925K +$1,000K +28,798 New
COPPSERS
59
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$843K -$9.82K -283 -1%
PNC Financial Services Group
60
PNC Financial Services Group
Pennsylvania
$834K +$461K +13,281 +105%
Prudential Financial
61
Prudential Financial
New Jersey
$832K -$12.4K -356 -1%
Teacher Retirement System of Texas
62
Teacher Retirement System of Texas
Texas
$812K -$70.4K -2,029 -7%
Thrivent Financial for Lutherans
63
Thrivent Financial for Lutherans
Minnesota
$789K -$29.9K -861 -3%
PI
64
Putnam Investments
Massachusetts
$782K -$35.6K -1,026 -4%
Fidelity Investments
65
Fidelity Investments
Massachusetts
$749K +$243K +6,990 +43%
FNBOO
66
First National Bank of Omaha
Nebraska
$740K +$131K +3,770 +20%
State of Tennessee, Department of Treasury
67
State of Tennessee, Department of Treasury
Tennessee
$739K +$243K +7,010 +44%
TPSF
68
Texas Permanent School Fund
Texas
$714K +$193K +5,568 +33%
SEI Investments
69
SEI Investments
Pennsylvania
$712K +$24.6K +708 +3%
SIM
70
SummerHaven Investment Management
Connecticut
$691K +$18.1K +521 +2%
D.E. Shaw & Co
71
D.E. Shaw & Co
New York
$651K +$704K +20,279 New
Deutsche Bank
72
Deutsche Bank
Germany
$605K +$176K +5,081 +37%
BNP Paribas Financial Markets
73
BNP Paribas Financial Markets
France
$596K +$387K +11,146 +150%
Russell Investments Group
74
Russell Investments Group
United Kingdom
$571K -$784K -22,581 -56%
SG Americas Securities
75
SG Americas Securities
New York
$565K +$611K +17,590 New

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.