We are live on ! Find out more
MMI icon

Marcus & Millichap
MMI

151 hedge funds and large institutions have $736M invested in Marcus & Millichap in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 69 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.55% more ownership

Funds ownership: 60.29% → 60.84% (+0.55%)

2% less capital invested

Capital invested by funds: $752M → $736M (-$16.1M)

5% less funds holding

Funds holding: 159 → 151 (-8)

29% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 21

29% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 69

78% less call options, than puts

Call options by funds: $88K | Put options by funds: $393K

Holders
151
Holders Change
-8
Holders Change %
-5.03%
% of All Funds
2.37%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
49
Reduced
69
Closed
21
Calls
$88K
Puts
$393K
Net Calls
-$305K
Net Calls Change
-$177K

Top Buyers

1
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$34.4M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$10.1M
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$4.32M
4
RA
Royce & Associates
New York
+$2.98M
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$2.45M

Top Sellers

1
BlackRock
BlackRock
New York
-$20.6M
2
Federated Hermes
Federated Hermes
Pennsylvania
-$8.79M
3
Vanguard Group
Vanguard Group
Pennsylvania
-$7.15M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$6.92M
5
UBS Group
UBS Group
Switzerland
-$3.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Prudential Financial
51
Prudential Financial
New Jersey
$1M +$184K +5,953 +23%
Grantham, Mayo, Van Otterloo & Co (GMO)
52
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$971K -$125K -4,033 -12%
California State Teachers Retirement System (CalSTRS)
53
California State Teachers Retirement System (CalSTRS)
California
$959K -$43.6K -1,410 -4%
Canada Life
54
Canada Life
Manitoba, Canada
$954K -$54.9K -1,775 -6%
CAM
55
Cresset Asset Management
Illinois
$928K +$910K +29,457 New
New York State Teachers Retirement System (NYSTRS)
56
New York State Teachers Retirement System (NYSTRS)
New York
$866K -$90.9K -2,942 -10%
COPPSERS
57
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$863K +$35.3K +1,141 +4%
TD Asset Management
58
TD Asset Management
Ontario, Canada
$838K -$365K -11,800 -31%
Citigroup
59
Citigroup
New York
$801K +$354K +11,467 +82%
FNBOO
60
First National Bank of Omaha
Nebraska
$793K +$66K +2,136 +9%
Jane Street
61
Jane Street
New York
$736K +$468K +15,142 +185%
Thrivent Financial for Lutherans
62
Thrivent Financial for Lutherans
Minnesota
$731K -$42.9K -1,389 -6%
SEI Investments
63
SEI Investments
Pennsylvania
$729K +$29.3K +948 +4%
TPSF
64
Texas Permanent School Fund
Texas
$673K -$27.8K -898 -4%
State Board of Administration of Florida Retirement System
65
State Board of Administration of Florida Retirement System
Florida
$656K +$231K +7,462 +56%
D.E. Shaw & Co
66
D.E. Shaw & Co
New York
$631K -$7.97K -258 -1%
SIM
67
SummerHaven Investment Management
Connecticut
$558K -$117K -3,794 -18%
Susquehanna International Group
68
Susquehanna International Group
Pennsylvania
$538K +$158K +5,128 +43%
HF
69
HRT Financial
New York
$516K +$507K +16,392 New
PNC Financial Services Group
70
PNC Financial Services Group
Pennsylvania
$515K -$298K -9,638 -37%
SOADOR
71
State of Alaska Department of Revenue
Alaska
$502K -$31.6K -1,021 -6%
Bank of America
72
Bank of America
North Carolina
$488K -$31.1K -1,006 -6%
YCM
73
Yousif Capital Management
Michigan
$459K -$35.6K -1,152 -7%
MIM
74
MetLife Investment Management
New Jersey
$424K – – –
Victory Capital Management
75
Victory Capital Management
Texas
$419K -$110K -3,566 -21%
1 2
3
4 5

MMI Hedge Fund Activity: Q2 2023 in Review

151 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q2 2023, worth a combined $736M — down 2.1% from $752M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of MMI and 15 opened new positions — a net loss of 6 holders — while 69 trimmed existing stakes and 49 added.

The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $34.4M. The largest seller was BlackRock, cutting an estimated $20.6M.

  • 151 institutional investors held Marcus & Millichap (MMI) as of Q2 2023, down from 159 in Q1 2023.
  • Funds reported $736M of Marcus & Millichap stock for Q2 2023, down 2.1% quarter-over-quarter.
  • 15 funds opened new Marcus & Millichap positions in Q2 2023 and 21 closed out, a net change of -6 holders.
  • The largest Marcus & Millichap buyer in Q2 2023 was Schroder Investment Management Group, an estimated $34.4M added.
  • The largest Marcus & Millichap seller in Q2 2023 was BlackRock, an estimated $20.6M sold.

Based on aggregated 13F filings for Q2 2023.