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Marcus & Millichap

159 hedge funds and large institutions have $781M invested in Marcus & Millichap in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 56 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

38% more call options, than puts

Call options by funds: $164K | Put options by funds: $119K

5% more funds holding

Funds holding: 151159 (+8)

7% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 56

3.76% less ownership

Funds ownership: 63.27%59.51% (-3.8%)

26% less capital invested

Capital invested by funds: $1.06B → $781M (-$280M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
159
Holders Change
+8
Holders Change %
+5.3%
% of All Funds
2.29%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
27
Increased
52
Reduced
56
Closed
19
Calls
$164K
Puts
$119K
Net Calls
+$45K
Net Calls Change
-$304K
Name Holding Trade Value Shares
Change
Change in
Stake
PP
51
PDT Partners
New York
$877K +$940K +25,656 New
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$848K -$49.4K -1,349 -5%
CSS
53
Cubist Systematic Strategies
Connecticut
$825K +$885K +24,142 New
New York State Teachers Retirement System (NYSTRS)
54
New York State Teachers Retirement System (NYSTRS)
New York
$735K
Citadel Advisors
55
Citadel Advisors
Florida
$732K +$5.86K +160 +0.8%
Arrowstreet Capital
56
Arrowstreet Capital
Massachusetts
$729K +$782K +21,339 New
TPI
57
Trust Point Inc
Wisconsin
$727K +$183K +5,002 +31%
SIM
58
SummerHaven Investment Management
Connecticut
$727K +$9.31K +254 +1%
TPSF
59
Texas Permanent School Fund
Texas
$711K +$9.6K +262 +1%
Thrivent Financial for Lutherans
60
Thrivent Financial for Lutherans
Minnesota
$705K -$20.8K -568 -3%
HPCM
61
Hunter Perkins Capital Management
Illinois
$633K +$104K +2,850 +18%
Natixis Advisors
62
Natixis Advisors
Massachusetts
$619K +$45.1K +1,231 +7%
Janney Montgomery Scott
63
Janney Montgomery Scott
Pennsylvania
$612K +$118K +3,210 +22%
JFG
64
Jefferies Financial Group
New York
$607K +$651K +17,764 New
FNBOO
65
First National Bank of Omaha
Nebraska
$606K -$216K -5,899 -25%
HCA
66
Harbor Capital Advisors
Illinois
$579K +$621K +16,935 New
Balyasny Asset Management
67
Balyasny Asset Management
Illinois
$557K +$598K +16,313 New
MFS
68
Mirabella Financial Services
United Kingdom
$518K +$555K +15,150 New
Citigroup
69
Citigroup
New York
$506K -$37.4K -1,020 -6%
SOADOR
70
State of Alaska Department of Revenue
Alaska
$495K -$5.42K -148 -1%
Manulife (Manufacturers Life Insurance)
71
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$494K +$8.24K +225 +2%
IMRF
72
Illinois Municipal Retirement Fund
Illinois
$492K +$32.5K +886 +7%
BNP Paribas Financial Markets
73
BNP Paribas Financial Markets
France
$491K +$114K +3,101 +27%
Comerica Bank
74
Comerica Bank
Texas
$490K -$27.8K -758 -5%
Victory Capital Management
75
Victory Capital Management
Texas
$474K -$73.1K -1,996 -13%

MMI Hedge Fund Activity: Q1 2024 in Review

159 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2024, worth a combined $781M — down 26% from $1.06B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new MMI positions and 19 closed out — a net gain of 8 holders — while 52 added to existing stakes and 56 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $8.3M. The largest seller was First Trust Advisors, exiting entirely with an estimated $26.8M sold.

  • 159 institutional investors held Marcus & Millichap (MMI) as of Q1 2024, up from 151 in Q4 2023.
  • Funds reported $781M of Marcus & Millichap stock for Q1 2024, down 26% quarter-over-quarter.
  • 27 funds opened new Marcus & Millichap positions in Q1 2024 and 19 closed out, a net change of +8 holders.
  • The largest Marcus & Millichap buyer in Q1 2024 was Goldman Sachs, an estimated $8.3M added.
  • The largest Marcus & Millichap seller in Q1 2024 was First Trust Advisors, an estimated $26.8M sold.

Based on aggregated 13F filings for Q1 2024.